9 Years of Brutally Honest Real Estate Investing Advice in 60 Mins

  Рет қаралды 3,411

Michael Franke

Michael Franke

Күн бұрын

In this video, I share valuable insights and experiences gained from nearly a decade of navigating the intricate world of real estate investing. I've distilled down the most crucial lessons learned along the way, covering everything from general business advice to sales strategies, team building, and the importance of adding genuine value to every transaction.
Over the years, I've encountered countless challenges and celebrated numerous victories, all of which have contributed to my growth as an investor and entrepreneur. One of the core principles I emphasize is the significance of treating sellers with respect and integrity. Rather than solely focusing on maximizing profits, I believe in prioritizing the needs of the seller and finding ways to genuinely assist and add value to their lives.
Throughout this video, I delve into various topics, including:
The Power of Relationships: Building strong connections with clients, partners, and team members is essential for long-term success in real estate.
Effective Sales Techniques: From negotiation tactics to persuasive communication, mastering the art of sales is key to closing deals and achieving favorable outcomes.
Team Dynamics: Growing a successful real estate business requires assembling a talented and cohesive team. I share insights on leadership, delegation, and fostering a positive work environment.
Adding Value Beyond Profit: By genuinely seeking to help and support sellers, investors can build trust, reputation, and sustainable business relationships.
Whether you're a seasoned investor or just starting out in the world of real estate, this video offers valuable wisdom and actionable advice that can help propel your journey to success. Join me as I reflect on nine years of invaluable experiences and share the insights that have shaped my approach to real estate investing.
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Пікірлер: 59
@robertofalck
@robertofalck Ай бұрын
Thanks Michael. I respect and admire the integrity that you project. It shows your core values clearly. Thanks for sharing the knowledge you’ve acquired over the years. Will be following more…
@nouche-30064
@nouche-30064 3 ай бұрын
I love the idea to have a community where we could help each other. Thank you Michael ❗👍
@michaeldfranke
@michaeldfranke 3 ай бұрын
Go check out the Facebook community. Niche real estate with Michael franke
@nouche-30064
@nouche-30064 3 ай бұрын
@@michaeldfranke Thank you Michael but the only social media that I am registered with, is YT for personal ethical reasons!
@mrfoster13
@mrfoster13 3 ай бұрын
Love the longer educational videos Micheal. Thanks for all that you do!
@mrstiernan
@mrstiernan 3 ай бұрын
Michael THAT WAS AMAZING!! I’m a new SUBTO student and I absolutely resonate with the way you run your business and lead with value! I want to help people so bad while providing for my family!! Thank you so much for this priceless content!! 🙏🏼🙏🏼🙏🏼🙌
@michaeldfranke
@michaeldfranke 3 ай бұрын
🙏
@nickandrade3970
@nickandrade3970 3 ай бұрын
I really Found This So Informative & Beneficial For The Purpose We Are Here To Make It For The Long Run In Real Estate, Thanks Michael This Is A Replay Video 10x Awesome Presentation...
@michaeldfranke
@michaeldfranke 3 ай бұрын
🙏
@JohnandJami
@JohnandJami 3 ай бұрын
Incredible value Michael! You went deep on this video. Give me inspiration down the road. Loads of nuggets. I appreciate this form a lot to get a ton of guidance but also like the short clips as well to drive it home. Keep it up!
@michaeldfranke
@michaeldfranke 3 ай бұрын
I’m so glad it was helpful. The hope was to give everyone 1 or 2 ideas to take back to their company and implement
@coltoneg
@coltoneg 3 ай бұрын
Both formats are tremendously helpful. I find a lot of value in videos like this as well as live interactions between you and sellers, either coldcalling or doorknocking. Appreciate you!
@joyallen2415
@joyallen2415 3 ай бұрын
Thank you!
@michaeldfranke
@michaeldfranke 3 ай бұрын
You are welcome
@the_jimmydean
@the_jimmydean 3 ай бұрын
Awesome content. Got several points I need to work on and few to work through. Thanks Michael!
@michaeldfranke
@michaeldfranke 3 ай бұрын
We all have things to work on. 1% better a day 💪
@Jaredpese
@Jaredpese 3 күн бұрын
100% on the follow up. The fortune is on the follow up!
@DougWilkes3
@DougWilkes3 3 ай бұрын
Hard hitting video for any new or seasoned business owner. Your videos with Pace and your channel made me decide pre-foreclosures will be our niche. Appreciate all you do.
@michaeldfranke
@michaeldfranke 3 ай бұрын
Love it 💪
@DIZEIN_STUDIO
@DIZEIN_STUDIO 3 ай бұрын
Just found you and delighted I did. Thanks for your authenticity. Great nuggets of advice. Continue the YT content!
@michaeldfranke
@michaeldfranke 3 ай бұрын
Thank you! Will do!
@allaboutruselia5283
@allaboutruselia5283 3 ай бұрын
Thank you, Michael, for sharing your insights and experiences. They are incredibly helpful for aspiring investors and buyers.😇🤩
@michaeldfranke
@michaeldfranke 3 ай бұрын
You are welcome
@RJ4Loans
@RJ4Loans 2 ай бұрын
Great information Michael. Thank you. I really appreciate all that you do. You have given me the encouragement to take action.
@joshuas5569
@joshuas5569 3 ай бұрын
Wow so good and love your mission 😊🙏🏻🔥 thank you for sharing your wisdom and expertise from years of experience. And I can tell u care and u have a good heart. GOD bless you 🙏🏻
@Edgar_Franco
@Edgar_Franco 3 ай бұрын
Great video, I received a lot of value. Thank you for sharing.
@michaeldfranke
@michaeldfranke 3 ай бұрын
Happy to help 🙏
@jerymeeregalado3428
@jerymeeregalado3428 3 ай бұрын
Worth watching❤ Thank you for this, Michael.
@michaeldfranke
@michaeldfranke 3 ай бұрын
My pleasure!
@Stvwlsh
@Stvwlsh 3 ай бұрын
Wow, topnotch! This is so full of wisdom, Michael!
@michaeldfranke
@michaeldfranke 3 ай бұрын
@834_cross
@834_cross Ай бұрын
This was an awesome video! So much value! Thx
@BobCATClaims
@BobCATClaims 2 ай бұрын
Michael, I find your videos to be extremely informative and relatable. Thank you for spending the time to be so detailed. As one getting back into REI, and newly into foreclosures, I am very grateful for your videos! Keep up the amazing content!
@marianona6366
@marianona6366 3 ай бұрын
This is definitely worth watching! Thanks, Michael, for always sharing all you can to inspire everyone. You are awesome. 💯😇
@michaeldfranke
@michaeldfranke 3 ай бұрын
@Sfwsolutions
@Sfwsolutions 3 ай бұрын
Absolute goosebumps. 😢❤
@michaeldfranke
@michaeldfranke 3 ай бұрын
🙏
@RICKYHUGHES-te9nv
@RICKYHUGHES-te9nv 3 ай бұрын
Thank you for the info.👍
@michaeldfranke
@michaeldfranke 3 ай бұрын
You are welcome
@Cryptic_Chris
@Cryptic_Chris 2 ай бұрын
Outstanding video. Great insights to be a true professional.
@EmanuelFlips
@EmanuelFlips 3 ай бұрын
Thank you Michael you really touch me with all you are saying in this video, I felt identified with a lots. Thank you so much, god bless you brother!!
@michaeldfranke
@michaeldfranke 3 ай бұрын
You are so welcome
@colleencampa679
@colleencampa679 3 ай бұрын
Immense value per usual! I really appreciate all of the tips packed into one video. If I could share a video to someone who’s just getting started, it would be this one.
@michaeldfranke
@michaeldfranke 3 ай бұрын
Glad it was helpful
@FaustoPolanco1
@FaustoPolanco1 3 ай бұрын
Absolutely valuable, thank you. I would love to see a template of your one page contract agreement.
@michaeldfranke
@michaeldfranke 3 ай бұрын
I’ll put that on the short list for future videos.
@MattBrowningRE
@MattBrowningRE 3 ай бұрын
What a great video!! Thank you for pouring into us all, Michael.
@michaeldfranke
@michaeldfranke 3 ай бұрын
Happy to help
@KenZesso
@KenZesso 3 ай бұрын
This is excellent, Michael. Thank you. For someone in suburban Texas just getting started who has a good-paying W2 and time in the evenings to go driving, would you recommend driving for dollars or doorknocking pre-foreclosures? Maybe some middle-ground--leaving notes on pre-foreclosure properties while driving for dollars?
@michaeldfranke
@michaeldfranke 3 ай бұрын
Both of them work. All marketing works. Choose something and be consistent 💪
@danieldelbene6771
@danieldelbene6771 3 ай бұрын
nothing but Gold here. 🔥
@michaeldfranke
@michaeldfranke 3 ай бұрын
Thanks for watching!
@HeyRayvon
@HeyRayvon 2 ай бұрын
Awesome video I love it
@rogerllaurado4153
@rogerllaurado4153 2 ай бұрын
Great video Mike, I hope you receive 10x back of what you put out. Question: how much do you pay your aquisitions people and what if you don't have the funds to pay them a base salary?
@eddiecaballero6441
@eddiecaballero6441 14 күн бұрын
This is what I want to do.
@Evanjgross
@Evanjgross 3 ай бұрын
This was great thanks! I do prefer shorter actionable content though I like the sales aspects you mentioned, maybe you can make a video on sales techniques if you haven’t already Thanks!
@michaeldfranke
@michaeldfranke 3 ай бұрын
There are quite a few videos on sales and conversation frameworks. But I will keep this in mind.
@Evanjgross
@Evanjgross 3 ай бұрын
You’re right. Thanks for the great content
@nouche-30064
@nouche-30064 3 ай бұрын
​@@michaeldfrankeI'd also like more videos with direct phone calls and if possible, some technical parts like all the details of contracts and details of the steps until closing. 🙏⁉️
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