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Episode 5: How to Build a NET Million Dollar Real Estate Business

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Manage episode 513493479 series 3693979
Content provided by Marcus Crigler. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Marcus Crigler or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Most investors want to make a million dollars, but few know how actually to keep it. In this episode, Marcus Crigler talks with Benmont Locker, founder of Ramp REI, about what it really takes to build a lean, profitable real estate business that nets seven figures.

Benmont walks through the real numbers behind a million-dollar business, from how much to spend on marketing and people, to how to build profit into your operations from day one. If you’ve ever wondered what a healthy, scalable real estate business should look like, this episode breaks it down step by step.

You’ll Learn How To:

  • Build profit into your business from the start
  • Shift from low-quality leads to high-intent marketing
  • Create a data-driven, predictable sales process
  • Understand the real costs behind a million-dollar net

What You’ll Learn in This Episode:

(01:03) Meet Benmont Locker and how he scaled from retail to real estate coaching

(06:50) How do I make a million dollars?

(08:35) Three keys to building a profitable operation: High-intent marketing

(09:16) Three keys to building a profitable operation: Being great at sales

(09:41) Three keys to building a profitable operation: Building from a net margin perspective

(10:48) Why inbound leads outperform cold calls every time

(13:43) How poor marketing culture kills your margins

(16:07) Avoidance 101

(16:53) “Required results” vs. KPIs

(18:16) The “three-legged stool” model

(22:42) Understanding your market’s receptiveness to cash offers

(24:25) The truth about scaling marketing budgets and diminishing returns

(25:47) Building a good sales culture in every single role

(26:03) “Total store awareness”

(28:46) How many people do you really need to run a million-dollar business

(31:48) The “decade rule”

(34:35) The 30-30-10 formula: 30% marketing, 30% people, 10% G&A = 30% net

(37:12) Why it’s nearly impossible to fix bad margins after scaling too big

Who This Episode Is For:

  • Real estate entrepreneurs ready to move beyond deal-to-deal income
  • Operators doing 10–50 deals a year who want to scale the right way
  • Leaders who want real clarity around their numbers and margins
  • Investors building a lean, profitable seven-figure business

Why You Should Listen:

If you’re tired of working hard without seeing real profit, this episode is for you. Marcus and Benmont show exactly how to build a business that’s simple, scalable, and actually pays you, not just one that looks good on paper.

Connect with Benmont Locker:

Connect with Marcus Crigler:

  continue reading

9 episodes

Artwork
iconShare
 
Manage episode 513493479 series 3693979
Content provided by Marcus Crigler. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Marcus Crigler or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Most investors want to make a million dollars, but few know how actually to keep it. In this episode, Marcus Crigler talks with Benmont Locker, founder of Ramp REI, about what it really takes to build a lean, profitable real estate business that nets seven figures.

Benmont walks through the real numbers behind a million-dollar business, from how much to spend on marketing and people, to how to build profit into your operations from day one. If you’ve ever wondered what a healthy, scalable real estate business should look like, this episode breaks it down step by step.

You’ll Learn How To:

  • Build profit into your business from the start
  • Shift from low-quality leads to high-intent marketing
  • Create a data-driven, predictable sales process
  • Understand the real costs behind a million-dollar net

What You’ll Learn in This Episode:

(01:03) Meet Benmont Locker and how he scaled from retail to real estate coaching

(06:50) How do I make a million dollars?

(08:35) Three keys to building a profitable operation: High-intent marketing

(09:16) Three keys to building a profitable operation: Being great at sales

(09:41) Three keys to building a profitable operation: Building from a net margin perspective

(10:48) Why inbound leads outperform cold calls every time

(13:43) How poor marketing culture kills your margins

(16:07) Avoidance 101

(16:53) “Required results” vs. KPIs

(18:16) The “three-legged stool” model

(22:42) Understanding your market’s receptiveness to cash offers

(24:25) The truth about scaling marketing budgets and diminishing returns

(25:47) Building a good sales culture in every single role

(26:03) “Total store awareness”

(28:46) How many people do you really need to run a million-dollar business

(31:48) The “decade rule”

(34:35) The 30-30-10 formula: 30% marketing, 30% people, 10% G&A = 30% net

(37:12) Why it’s nearly impossible to fix bad margins after scaling too big

Who This Episode Is For:

  • Real estate entrepreneurs ready to move beyond deal-to-deal income
  • Operators doing 10–50 deals a year who want to scale the right way
  • Leaders who want real clarity around their numbers and margins
  • Investors building a lean, profitable seven-figure business

Why You Should Listen:

If you’re tired of working hard without seeing real profit, this episode is for you. Marcus and Benmont show exactly how to build a business that’s simple, scalable, and actually pays you, not just one that looks good on paper.

Connect with Benmont Locker:

Connect with Marcus Crigler:

  continue reading

9 episodes

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