EP #68 Lessons from Last Crash how to use buyers to make Millions with Kent Clothier

Kent Clothier is President and CEO of Real Estate Worldwide (REWW), a multi-faceted real estate education company with headquarters in Scottsdale, Arizona, San Diego, California, and Boca Raton, Florida. REWW offers customers a cutting-edge advantage with a curriculum steeped in award-winning and proven real estate systems used by Mr. Clothier and his team, as well as national data on real estate cash buyers and private lenders.

Key takeaways:

After loosing $3 billion before starting his real estate business in 2003, Kent has continued to focus on opportunities and not obstacles to achieve his goals. Why Kent has continued working during the COVID lockdown? As a huge thinker, Kent hardly sees any restriction as a let down and he doesn’t see COVID as any kind of restriction to his business. What kind of financial mindset did Kent adopt during this crisis? Why do Kent and Raul think COVID has been the best time for any investor to show up? You can either be a victim or a Victor but never the two and just like the 2008 crisis, they believe that the worst times can bring about the best results if you work smartly. What should you think of when starting your own real estate business? Kent advises that you should prepare to get hit and fall when you get started. However, you shouldn’t forget, it’s your decision after that sets the path of your business – failure or success. What lessons have Kent learnt that have helped keep his real estate business going? Why is there no nobility in letting your real estate business go broke slowly? What is the single business mistake you can make, right now, that will starve your deals and your financial output? What mistake did people make in the 2008 crash that sent them all down and how you can avoid doing that in your business? You must not time the market or else you’re putting a timer on your business to fail. What is the best kind of approach for your real estate business right now? Apart from other smart techniques, Kent uses reverse wholesale to scale his business. What is reverse wholesaling? How should you implement reverse wholesaling in your business? How is reverse wholesaling different from the task of a realtor? Remember, you’re a creator, not just a finder, and that allows you to choose how you want your business to be grow.

Mentioned in this episode:

How to get started and scale your wholesale business during this crisis. If you are looking to take the leap and really learn this business online, get started at Wholesale Mastery

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