Serial Entrepreneurs: Starting Over 14 Businesses & Investing in Real Estate - Candice Payne and Carlos Callahan Episode #73

GUEST BIO Today we have two special guests in the lab, Candice Payne and Carlos Callahan. As partners they are serial entrepreneurs who have added so much value to the community collectively while building well over 14 businesses which includes a spa that Candice is very passionate about. Prior to their success, both of them have had two very different paths that have led them to being a jack of all trades when it comes to execution under the large real estate umbrella. This includes buy and hold investing, AIRBNB, wholesaling, multifamily investing, flipping and essentially whatever it takes to solve a problem. Candice Payne is also well known from her interview on Ellen as she discussed sparking a movement that provided hundreds of hotel rooms for the homeless during the dangerous polar vortex that occurred in Chicago back in 2019. Join us today in the lab as they both add value to the community and share their incredible insights with their broad experience and many experiments in the real estate space. THE REAL ESTATE FOUNDATION 01:25  Guest Background 03:07  How they start as entrepreneurs 07:45  Candice bought her first 6 unit at 19 years old 08:17  Went bankrupt for almost $600k 11:07 Importance of real estate education 14:44 How to evaluate AirBnB deal 19:47 Managing the booking, cleaner and facilities of AirBnB KEEPING IT REAL 27:00 Helping homeless people during the polar vortex happened in Chicago 29:52 How important is social media in the business and personal life 32:57 Best system - delegating tasks to the team members BOOKS MENTIONED IN THIS SHOW None NOTABLE QUOTES (KEY LESSONS): “There’s so many different doors for real estate, so people need to figure out what part of real estate they want to get in and know what they want to accomplish so that they’ll know which road to take” CONNECTING WITH THE GUEST Candice Payne: Facebook, LinkedIn, Instagram Carlos Callahan: Facebook, Instagram YouTube channel: bullet proof business www.candicesellschicago.com www.actionforacausenow.org This episode is brought to you by our sponsor Guesty.com which is a property management software that Ruben and his team use as short term rental Superhosts to manage and streamline all communication with their guests and team to make it a memorable stay for each guest that books their property. Use our private unique link here https://hosts.guesty.com/?r=therealestateexperiment  to let Guesty know we sent you! #ExperimentAirBnb #AirBnb