Welcome to the Raising Private Money Podcast, where we explore the nexus of real estate, personal growth, and finding your purpose.
Today we have a truly insightful episode lined up for you. We’re joined by a special guest, Brett Snodgrass, CEO and founder of Simple Wholesaling in Indianapolis.
Brett is not only an expert in wholesaling and creative financing with an impressive track record of over 300 deals last year, but he’s also a man driven by his faith, committed to his family, and passionate about helping others achieve their goals while honoring the kingdom of God.
Real Estate Wholesaling: The Quick Nickel Strategy
Brett Snodgrass, the CEO and founder of Simple Wholesaling in Indianapolis, emphasizes the appeal of wholesaling, which allows for quick and repeated transactions. Unlike traditional real estate processes, wholesalers get properties under contract and then assign or sell that contract to investors. It’s about the pursuit of quick, efficient deals, without the heavy lifting of extensive renovations, a strategy that aligns with Brett’s preference for the ‘quick nickel rather than the slow dime.’
Achieving High-Volume Success
Brett’s transition to wholesaling 5-6 years ago led to the formation of a successful team, which completed over 300 deals last year, yielding a gross of $23 million. Their approach leverages multiple exit strategies, from assigning contracts to selling properties directly to end-users with minimal rehabilitation. By gauging market conditions and buyer availability, Brett’s team maximizes their opportunities, even in a tight real estate market.
The Importance of Market Adaptation
One key to sustained success in real estate is adaptability. Brett underscores the necessity of being conservative and vigilant, as market conditions are dynamic. His team’s strategic decisions are grounded in a comprehensive understanding that it’s crucial to prepare for potential downturns by staying cognizant of the need to pivot when the market dictates.
Family and Faith Over Fortune
Beyond financial achievements, Brett stresses the importance of balancing personal life with professional demands. Prioritizing family, marriage, and faith, he advocates for moments of reflection where entrepreneurs assess their sacrifices. It’s not just about building financial wealth but creating a life that’s rich in relationships and meaningful experiences.
Staying Present: The Precious Present
In conversation with host Jay Conner, Brett Snodgrass and Jay agree on the difficulty of maintaining presence amidst life’s distractions. They both endorse the concept of ‘precious present,’ a mindset that cherishes being fully engaged and present at the moment. As shared during the podcast, this philosophy is encapsulated in the book ‘The Precious Present,’ advocating a focused presence as the ultimate gift one can offer.
In conclusion, success in real estate with Brett Snodgrass isn’t just measured by the number of deals or dollars but by the ability to maintain a fulfilling personal life alongside a thriving business. This holistic approach to success encompasses wealth-building, adaptability, and steadfast attention to what truly matters – faith, family, and being fully present in each moment.
“ I am passionate about successful people who give more importance to significance than success” – Brett Snodgrass
Ten Lessons Learned from this Episode:
- “Private Funding”:
Jay Conner’s book offers insights on securing non-traditional real estate deal funding.
- “Teamwork Triumph”:
Brett Snodgrass highlights the success of building a team in real estate to increase deal flow.
- “Faith Foundation”:
Brett emphasizes integrating faith and business, influencing entrepreneurship with spiritual values.
- “Entrepreneurial Evolution”:
Brett discusses his 14-year journey in real estate, adapting and focusing on wholesaling.
- “Seller Searching”:
Identifying out-of-state owners of distressed properties can unlock potential real estate investments.
- “Strategic Flexibility”:
Brett’s team employs diverse exit strategies like contract assignments and minimal-rehab sales.
- “Market Adaptation”:
Climate fluctuations demand conservative investment strategies and preparedness for downturns.
- “Significant Success”:
The podcast prioritizes purpose and significance beyond mere financial achievement.
- “Family Balance”:
Brett provides insights on managing business success while maintaining strong family bonds.
- “Being Present”:
The importance of full engagement and presence in personal and professional situations is stressed.
Timestamps:
0:01 – Raising Private Money Without Asking For It
0:29 – Jay’s New Book: “Where To Get The Money Now” – https://www.JayConner.com/Book
2:09 – Today’s guest: Brett Snodgrass
6:38 – Brett, Real Estate & Simple Wholesaling
9:12 – Wholesaling vs. Wholetaling
11:42 – How do you find deals?
13:18 – Driving For Dollars
15:57 – Jay Conner’s Bird Dog
17:38 – What is your best exit strategy?
20:13 – Formula for the maximum amount to put a house under contract.
22:56 – Connect with Brett Snodgrass: https://www.SimpleWholesaling.com
23:28 – Brett Snodgrass’ Podcast
24:25 – Balancing Family, Life and Business
30:10 – Best piece of advice from Brett Snodgrass
32:10 – “The Precious Present”
Private Money Academy Conference:
Free Report:
https://www.jayconner.com/MoneyReport
Join the Private Money Academy:
https://www.JayConner.com/trial/
Have you read Jay’s new book: Where to Get The Money Now?
It is available FREE (all you pay is the shipping and handling) at
https://www.JayConner.com/Book
What is Private Money? Real Estate Investing with Jay Conner
https://www.JayConner.com/MoneyPodcast
Jay Conner is a proven real estate investment leader. He maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal without using his money or credit.
What is Real Estate Investing? Live Private Money Academy Conference
YouTube Channel
https://www.youtube.com/c/RealEstateInvestingWithJayConner
Apple Podcasts:
Facebook:
https://www.facebook.com/jay.conner.marketing
Twitter:
https://twitter.com/JayConner01
Pinterest:
https://www.pinterest.com/JConner_PrivateMoneyAuthority
Listen to our Podcast:
Comments