Fearless Investing Podcast Transcript Notes

Introduction

• Speaker: Keith Everett (Real Estate Diddy)
• Event: Simple Sexy Flipping Conference
• Focus: Ten ways to find off-market properties, using banks, and finding private money lenders

Importance of the Event

• Highly recommended for newbies in real estate investing
• Event helps with both motivation and education
• Networking with people in the room can inspire and uplift
• Ideal for those unsure of where to start

Opening Remarks

• Hosts: Antonio and Ashy Denmark
• Podcast setup: Overcoming issues, focusing on progress over perfection
• Interaction: Introductions, engagement through chat
• Acknowledgement: Sponsorship shoutouts

Special Guests

• Jimmy the Barber (Jimmy Shallow)

Jimmy's Journey

• Background: From St. Vincent and the Grenadines
• Initial struggle: Moving to the USA, financial hardships
• Career start: Working on cruise ships, eventual move to Birmingham
• Getting into barbering: Initial struggle to find a job, then working at Mitchell's Barber Shop

Entrepreneurial Journey

• Opening own barber shop in 2008: Hired staff gradually
• Challenges: Financial strain, lack of mentorship
• Resilience: Persevered through challenges by trusting in God

Real Estate Journey

• Early interest: Owned land back home
• Struggles: Financial constraints, giving up land
• Mentorship search: Networking, finding the Denmarks
• Initial steps: Attending conferences, gaining knowledge
• Overcoming fears: Emphasis on action and networking

Conferences and Networking

• First Conference: January 2023
• Key learnings: Extensive information, community support
• Magic in the room: Importance of being around like-minded individuals

Partnership and Funding

• Antonio’s advice: Finding a partner with good credit or money
• Strategy: Talking to clients and potential partners
• Success: Finding a partner (Godfather with 823 credit score)
• Business Funding: Age Corporations, multiple approvals
  • Chase: $100,000
  • PNC and Chist: Pre-approvals

First Real Estate Deal

• Opportunity: Client moving to Atlanta offers a property
• Negotiation: Follow-up call, verbal contract without money
• Funding: Structured with two partners, offering 12% return
• Investment: About $4,500 for rehab from personal funds

Strategies for Success

• Maintaining persistence: Push through fear and obstacles
• Utilizing community: Leveraging the power of the right network
• Adding value: Offering help without expecting immediate return

Key Takeaways

• Execute: Follow instructions and take actionable steps
• Engage: Open communication about goals and needs
• Expertise: Attend conferences, gain practical knowledge
• Support System: Be in the right rooms with the right people

Upcoming Events

• Next Conference: January 12-13, 2024
• Ticket giveaway: Join the