07 Oct 149 Houses Flipped—Working Only 5 Hours a Week!
Jason Lewis wholesaled or flipped 149 houses for $3 MM in profits just this year by leveraging his lead managers, mail and lists to use data effectively and efficiently. He spends less than 5 hours a week running his business and built one of the nation’s premier list providers, The Investor Machine.
Video replay of my interview with Jason Lewis about 149 Houses Flipped—Working Only 5 Hours a Week!
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More about Jason Lewis and 149 Houses Flipped—Working Only 5 Hours a Week:
Jason Lewis is a marketing master. He co-founded the Investor Machine which is one of the nations leading marketing services for real estate investors specializing in industry-leading lists and mailing services. He has been in the business since 2012. His first 5 years were spent working at a flipping company which went from 12 to over 150 flips a year in his tenure there as right-hand man to the company owner. From there he started his own flip/wholesale operation at the end of 2017. In his first full year, the company assignment fees plus net flip profits totaled for 1 million. Year 2 was over 2 million and year 3 over 4 million. Creation Utah is pacing to do between 3 and 4 million this year and is run on less than 5 hours a week of Jason’s involvement.
The idea of Investor Machine started and grew slowly from 2018-2020. In 2020 the company officially launched its model as it is today and has over 115 members throughout the United States averaging excellent returns and with their time freed up to focus on what they do best. Creation Utah is also an Investor Machine client and so far 67% of Creation Utah’s revenue has come from being Investor Machine members.
Jason is married to Amanda Lewis and they have 5 kids. When 4 and 5 were born the oldest was 5 years old. They live in Ogden Utah and enjoy giving back, spending time with family, and all things water sports
Owner – Creation Holding LLC
Co-Founder – The Investor Machine
Takeaways on 149 Houses Flipped—Working Only 5 Hours a Week:
- The predictive index is good but not the end-all. People can adapt and do whatever they need to do. The desire to achieve your goal and win overcomes personality.
- For starters, you could find someone who does well in your market and apply for an apprenticeship. Lots of upside with practically no downside
- The only way to have a stable real estate business is to have multiple strong marketing channels.
- Track what percentage of ARVs you are selling for. These are significant lead indicators.
- How well you perform in direct mail reflects how good you are in the sales process.
- Invest in personal development.
- Visionary – comes up with ideas and dreams.
Integrator – takes action to make ideas and dreams into reality
Visionary-Integrator – does calculated steps to fulfill his ideas and dreams into reality
- Find a marketing channel and get good at it. Master one skill at a time.
- Set goals, form habits, and get good at hiring.
- First impressions are supercritical, hire and train the right lead managers.
- Do not hire a cold caller at first. Do the cold calling by yourself instead. Understand, polish, and master the calling process.
12. Know what you’re looking for, network, and make it a team effort in hiring.
13. Get out of analysis paralysis. Get a minimum viable product, take action, improve, be authentic, and pursue excellence in all you do
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About Steve Trang
Steve Trang (https://www.stevetrang.com) is the founder of Real Estate Disruptors. He started his podcast in the middle of 2018 to inspire wholesalers and real estate agents to double their incomes by adding a 2nd leg to their business. The podcast has now grown to tens of thousands of followers, with new community members sharing their success stories every week.
Steve also created the OfferFast Homes app. The app’s purpose is to help wholesalers jump-start their careers faster by putting all of the buyers in one place. The hope is to minimize the challenge of building a buyer list when getting started in wholesaling.
Steve’s legacy will be to create 100 Millionaires. One of his favorite quotes is from the great Zig Ziglar: “You can have everything in life you want, if you will just help enough other people get what they want.” He heard this quote when he first got into real estate, and it has stuck with him throughout his entire career. It’s essentially one of the core values Steve lives by.
Since starting Stunning Homes Realty in 2013, the brokerage has had over 130 agents. In the greater Phoenix area, SHR has an almost 1% market share. Stunning Homes Realty sold one out of every 137 homes in the Phoenix metro (https://www.stunninghomesrealty.com).