Real Estate Investor Went From Rock Bottom To Making Millions
We invited Kent Clothier– an entrepreneur, real estate investing and scaling expert, cofounder of Avengers Mastermind, and founder of The Boardroom Mastermind– for today’s show.
Kent barely graduated high school, but the entrepreneurial spirit runs in his blood. Inspired by his father, who is also an entrepreneur, he found creative ways to generate income and be successful in his field.
In this episode, Kent shared how he almost lost thousands of dollars when his entire rehab project in Port St. Lucie, Florida was hit by a severe category 3 or 4 hurricane. Nonetheless, not all storms leave destruction, as proven by this nerve-wracking experience allowed him to bounce back into a new beginning.
Don’t Forget To Reach Out To Kent Clothier:
Facebook: https://facebook.com/kent.clothier
Tiktok: https://www.tiktok.com/@kentclothier
LinkedIn: https://www.linkedin.com/in/kentclothier
Youtube: https://www.youtube.com/c/RealEstateWorldwide-REWW
More details here: https://linkin.bio/kentclothier
Quotes
“I had to start over and reevaluate which mattered to me”
“I was particularly good at it because I was not approaching it the way most people approach real estate which is a Hustle”
“I’m approaching it like I’m building a business”
“The leverage has to be put in place”
“Learn from it or earn from it”
“All of the challenges are the good stuff”
“Give me ignorance on fire versus knowledge on ice”
“I don’t have time for small conversations. I value my time greatly and be with people that matter and want to do amazing things”
“There is a lot of elegance in simplicity. It is not easy but it is also not complicated.”
“We make decisions based on our belief system which is rooted deeply in the results that we have done”
Concepts
Life will kick you down at one point. But you can use it as a motivation to your future success.
“When you understand what your role really is, that you have an obligation, responsibility to get out of the way and turn it into a business so that you can create real freedom and own your time for your family and your community, then if when you get that turn, it gets pretty exciting”
You have to stay dedicated to the process to pay the price that you want.
Build the momentum and belief system that is necessary and start getting reinforced that allows you to get out of deep holes, unfortunate situations, and bad financial situations.
In business, you cannot just sit and educate yourself and make magic to success without experiencing different challenges.
Learn how to do Reverse Wholesaling wherein it gives real estate wholesalers a chance to find out exactly what the buyer is looking for in a house from the get go.
If you buy an actual asset and arrange hard money, your exposure might still be low but at least it’s there.
People must focus on understanding wholesaling and learn how to do a fix and flip strategy.
Making an impact creates a difference in people's lives
The way we see the world is there are 5 escapes if you want to get to the place that you desire – Get out of the technical transactions, solve much bigger problems, be more strategic as to where the business is going, manifest that you will be the biggest shareholder, and lastly, be the investor.
If you’re broke, it’s because of a lack of effort.
Time Stamps
0:00 Introduction
0:25 Rehab project hit by a hurricane
4:25 Starting out in grocery work
6:16 Building a $2 Billion company
9:50 Flipping more than 1000 houses a year and educating 50,000 real
10:35 Secret to the real estate industry–being a hustler
14:35 How did you know that was your path?
17:45 The Battle of being in an Upside Down World = Rock Bottom Life
22:35 The Challenges and Reality of being in Real Estate
28:55 Why Investing is good for Recessions?
37:00 The Inspiration and Mission
40:37 Mindset shift from being a doer to a teacher
44:15 The threshold of a person from a coaching POV
51:50 The Progress of being able to escape
56:10 The Vision in the next 12 to 24 months
57:40 Get in touch with Kent Clothier
59:00 END
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