" Real estate is not something where you need to reinvent the wheel. It’s actually very important that you don't do that.
- Scott Bower
Episode: CFH008
Building a Team to Reach Further Heights in Wealth Creation
w/ Scott Bower
Your team is the company's backbone. Having a solid business team behind you offers the obvious advantage - it builds success. It also offers entrepreneurial advantages. Once your business team runs efficiently, you’re free to work ON your business instead of IN your business. In this episode, Scott Bower discusses the importance of building a team and how it helped him reach further heights in wealth creation.
Scott is an energetic and health conscious Real Estate Entrepreneur. A transplant from the state of Iowa, he has excelled in business from his very first venture. Starting off in residential retail Real Estate sales with Keller Williams Realty and closing $2.2M in volume his first 12 months, he quickly realized being a realtor was not for him.
Since then, he has moved into the investment space flipping over 150 residential transactions and building a portfolio of rental properties with over $20,000,000 in closed volume to date. He is also the host of the #INVESTTHIS Podcast, interviewing only the elite of Real Estate Investors for his listeners. Now with his knowledge and experience, he is moving into larger investment opportunities in multi-family and commercial Real Estate, focusing on building strong relationships with his investors, providing solid returns, and building wealth for his family.
In this Episode, You’ll Learn About:
How to Choose Your Niche
How Much Should You Spend on Marketing
Joining a Real Estate Organization
Importance of Coaching and Mentoring
Building a Team to Reach Further Heights
Strategies in Generating and Taking Care of Business Leads
Getting Into Multi-family Properties
Quotes: “One of the biggest things that has allowed me to get further faster has been coaching and mentoring.” “Real estate is not something where you need to reinvent the wheel. It’s actually very important that you don't do that.” “It’s very important to know your numbers.” “One of the most important systems that you could ever have in a wholesale business is a good CRM systems.” “For every lead that comes in the door, it needs to be harnessed as if it was gold.” “Wholesale-ing is great to build-up capital. It’s a very easy way to get in to the investment space and to build-up capital. But, you don’t own anything.”
