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E59 - Creative Ways of Generating Income from Property Investing with Matthew Kane.
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Many business owners often start out with the best intentions and then get overwhelmed by all of the different things they need to do. Without a system in place, they are left scrambling and stuck in a hamster wheel. They are constantly running in circles and can never catch up. Having a business system is essential not just for keeping your sanity in handling complex and daily business operations but also for expanding your company.
In today’s episode of the Expert(ish) Podcast, Jay talks with Matthew Kane about his transition from the military to the real estate industry, systems as the key element to scaling up your business, and other creative ways of generating income from property investing and management.
Matthew Kane is a real estate broker at eXp Realty and Coastal Carolina's favorite agent. He is committed to getting homes sold quickly and for the most money. As a former Management Consultant for Fortune 500 companies and the Federal Government, he has the ability to ensure processes run smoothly and efficiently, as well as a system in place to streamline business processes while maximizing the use of technology and innovation to market seller's homes and find buyer's homes.
Enjoy!
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In This Episode
1:30 - Backstory of Matthew Kane
6:36 - How his experience running multiple businesses had helped him develop a business system
8:11 - The turning point where he needs to scale up his business
14:16 - How he transitioned from the military to civilian life
18:10 - Matthew's life in the military
25:14 - A creative way to generate additional revenue
29:27 - Areas where Matthew is active in real estate
Favorite Quotes
"I did 40 sales my first year. And that was the most stressful I've been in my entire life because I didn't have the real estate systems down. I have a whole bunch of CRM stuff down. But as far as transactions, coordinator, and assistants, that's pretty much all night trying to keep everything together every single day." - Matthew Kane
"If you want to create any kind of sales career where you can grow through the roof, you need to leverage on systems. If you don't have those systems in place, you're going to be on the hamster wheel, chasing deal after deal, close a house, become unemployed, try to find another client, and do it all over again." - Matthew Kane
"We're starting to do some team investments where I could essentially create a way for teammates to make additional revenue. I would leave it to the team to say, 'hey, you find a flip, you show me something where you can make a 30% return. I'll finance the flip, you manage the project. Then we'll split the profit'." - Matthew Kane
Engage with Matthew Kane
Connect with Expert(ish) Podcast Host JAY JOHNSON
Call (858) 925- 4536
Listen to more episodes of the Expert(ish) Podcast
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