A Pink Slip Can Become a Career Faster Than You Planned
Impossibile aggiungere al carrello
Rimozione dalla Lista desideri non riuscita.
Non è stato possibile aggiungere il titolo alla Libreria
Non è stato possibile seguire il Podcast
Esecuzione del comando Non seguire più non riuscita
A Pink Slip Can Become a Career Faster Than You Planned
-
Letto da:
-
Di:
Getting fired from an internship can launch a career faster than you ever planned.
Hazem and Mack sit down with Joseph Jackson, longtime Houston real estate investor and builder. They hear how a Houston kid went from a Brevard, North Carolina internship, where he was fired for showing up late, to buying a $10,000 condo at age 22, fixing roofs himself, and building a construction company out of a little Chevy S10. Joseph explains why he hunts for the worst house on the block, how he stress-tests every deal, and why he calls relationships the real foundation of the business. He also shares why he wrote his first book, There is a House for That, and what he wants his children to learn from it.
Buy Joseph's book There is a House for That: https://a.co/d/05BNq30k
To learn more about Integrity Bank, go to itx.bank.
Subscribe to Banking on Integrity on Apple Podcasts, Spotify, or wherever you get your podcasts!
Key Takeaways
1. Joseph got his start after an internship firing showed him he could cover six months of bills. He bought his first properties in the early '90s, when the savings-and-loan fallout had pushed prices down to the $6,000–$13,000 range.
2. He stress-tests every deal by asking whether the property can still cash-flow if rent and occupancy both drop by half. If it can, he knows he can hold it through any market.
3. He looks for the worst house on the block. Renovating the eyesore makes neighbors upgrade their own homes, and they then bring him leads for the next job.
4. Joseph built his contractor network by asking how he could help each subcontractor, not just who offered the lowest price. Some of his crews have worked with him for 20 years at close to 20-year-old pricing.
5. There is a House for That is a book on life philosophy that uses real estate as the backdrop. It starts with a "True North" self-evaluation, and it comes from his "travel house," "college house" and "car house" approach, where each property funds one part of life. It took about 18 months to write after ten years of thinking about it.
See omnystudio.com/listener for privacy information.