What's new

Search results

  1. WJK

    My Self-Storage Investment Journey - Follow Along!

    HOT! INVESTING EXECUTION REAL ESTATE 
    Have you bought anything yet?
  2. WJK

    Weekly Progress: What will you get done this week?

    GOLD! HOT! CHAT 
    I didn't know if it was a tear-down or if the house could be saved. It was the local "dope" house. I didn't see the interior for 2 months after I closed the escrow. They had cut a hole in the downstairs bathroom floor and were pooping into the basement. That's all cleaned up. All the squatters...
  3. WJK

    Weekly Progress: What will you get done this week?

    GOLD! HOT! CHAT 
    She was an exotic dancer, so she had a stage constructed in the front of that little garage where she gave private shows. I evicted her and all of her groupies/squatters both inside and outside of the house. I ruined the whole party when I bought the place. Some of us just have no sense of humor.
  4. WJK

    Weekly Progress: What will you get done this week?

    GOLD! HOT! CHAT 
    This coming week: Our rehab-flip project: Still working on framing out some of the windows. Got the two upstairs bedroom windows replaced. This week we’re working on the kitchen windows. Need to frame out the one large window in the middle over the sink and remove the 2 smaller windows. We’re...
  5. WJK

    Property Insurance - Getting the best deal

    REAL ESTATE 
    I have a lot of insurance and yes, it costs a lot. I'm a lot more careful about the insurance I buy these days. Here's an insurance tale that may serve as a warning to you. My partner and I had 3 large commercial buildings burned down to the ground in the Rodney King riots many years ago. And...
  6. WJK

    Cause & Effect [Progress Thread]

    HOT! EXECUTION 
    You only need one at a time. Then find the next one.
  7. WJK

    I spent 8 years building the wrong business, what’s next?

    SLOWLANE QUESTION 
    It sounds like you are in the wrong business -- or maybe the wrong section of the business. Can you get someone to manage your brokerage business for the day-to-day stuff to free up your time and give you a break? That is IF you keep it. Can you sell the brokerage business? What would you do...
  8. WJK

    I spent 8 years building the wrong business, what’s next?

    SLOWLANE QUESTION 
    And I have seen people do both with great success -- as long as it is disclosed to the client. It takes a management team. The brokerage becomes a pipeline for the mortgage business and vice versa. Over the years, I have seen the mortgage business morph into all kinds of areas of lending. --...
  9. WJK

    I spent 8 years building the wrong business, what’s next?

    SLOWLANE QUESTION 
    Why must you do either or? Brokerage or mortgage? Can't you do both? They are affiliate businesses. Are you doing residential, land (development), or commercial? What is your average sales price? Are you a listing brokerage or a selling brokerage? Do you rent desks or take a percentage of the...
  10. WJK

    Does Anyone Else Find It Difficult To Converse With “Normal” People?

    HOT! 
    You're right. Once you know -- you can't unknow. It's one of the hardest truths and one of the biggest benchmarks of the journey. It's a process of taking personal ownership of the whole package and there's no going back. You can't pretend it's someone else's fault once you take 100%...
  11. WJK

    Realtors' Rolodex: Sharing or Keeping Contacts of Pros?

    IDEA 
    I don't share unless I know you well. I take very good care of my people. How do I know that you will too? I had a situation years ago where I referred a workman to a person who needed their services. I ended with the workman suing me in small claims court. The workman lost since I didn't...
  12. WJK

    Does Anyone Else Find It Difficult To Converse With “Normal” People?

    HOT! 
    Good for you. Practice your skills to connect to other people. It will serve you well in the future. I was particularly interested in your last paragraph. You can learn from other people's mistakes. It's a rare skill, but it sure works. Sometimes your best teacher is the guy down the street...
  13. WJK

    Ditching old friends to find like minded guys.

    I agree. We used to have a landlord association here in my area before Covid. I thought about starting it again, but it wouldn't have much of a positive impact on my business. It was fun to go to the meetings. Being the person in charge would be just a lot of work. I found the same for...
  14. WJK

    I'm 14 years old. Any advice?

    INTRO 
    What can you do where you are? Are there special T-shirts that you can design and sell to your friends? Is there anything else that would be specific to your circle of friends? Can you start a trend? What can you do to be the "go-to" person where you are? It doesn't need to be a home-run...
  15. WJK

    Does Anyone Else Find It Difficult To Converse With “Normal” People?

    HOT! 
    That's why I fly under the radar. It's not important for others to know what I'm doing in my business life. I'm very careful who I tell what I am doing. There are times when I feel out of step. I spend a lot of time and energy to fit into my world.
  16. WJK

    Realtors' Rolodex: Sharing or Keeping Contacts of Pros?

    IDEA 
    I have a crew and a list of contacts. Some of these people have been doing work for me for over 25 years. If you are in the RE business, you MUST have a working list.
  17. WJK

    Surprisingly simple stupid businesses- that somehow work

    GOLD! HOT! IDEA 
    I think about the story about the dad who sent his teenage son over the buy mis-shapened watermelons, which he sold at huge profits -- rather than getting a summer job. There are so many opportunities out there! And they can become a side gig. They don't have to be a home run.
  18. WJK

    Does Anyone Else Find It Difficult To Converse With “Normal” People?

    HOT! 
    It is the difference between your inner circle and the rest of the people around you. Listen twice as much as you talk. Ask open-ended questions when you do talk. Ask about them. It's their favorite subject. Steer the conversation with your questions. Also, everyone has a "stated reason" for...
  19. WJK

    Does Anyone Else Find It Difficult To Converse With “Normal” People?

    HOT! 
    I'm more interested in the successful rather than the famous. I love biographies of the successful. What was special about them? What did they do that was different from the people around them? How did they take the same circumstances and time period to do what others around them didn't or...
  20. WJK

    Does Anyone Else Find It Difficult To Converse With “Normal” People?

    HOT! 
    I like people. I like to meet them and talk to them. I want to hear their stories and their challenges. I like to help people make strides in their lives. I don't do destructive behaviors. I don't drink, smoke, or take street drugs. That would be stupid. So, I don't hang out when people are...

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Fastlane Resources

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom