The Grab the Map Podcast: Real Estate Investing Info and Advice for All of Us Johnoson Crutchfield

Are you frustrated by all the "fluff" in the real estate investing industry? Tired of so-called gurus selling dreams of easy wealth without talking about the real work required? This episode features the bluntly honest Chris Rood, an entrepreneur who built multiple successful businesses from the ground up. Known for "telling it like it is" even when it's rude, Chris pulls no punches in discussing the realities of entrepreneurship and real estate.
Through years of experience scaling businesses, he developed philosophies around managing cash flow that have helped countless investors. In this candid conversation, Chris outlines his proven system for progressing in real estate - from wholesaling to land development over decades. Don't miss out!
01:54 Chris Rood talks about his background growing up with a conservative, hardworking family and starting successful businesses like oil change shops from a young age. This experience primed him for entrepreneurship.
04:38 - Chris stresses the significance of diligence and self-improvement, urging young entrepreneurs to prioritize personal growth over mindless entertainment. He champions personal development and business advancement, finding fulfillment in the journey rather than just in achievements, believing that entertainment is truly enjoyable when accompanied by hard work and dedication, qualities often lacking in many individuals.
09:12 - Chris introduces the idea of categorizing investments into "fast money," "medium money," and "slow money" to assist investors in managing their finances from short-term gains to long-term growth. He recommends prioritizing fast and medium money to maintain a steady cash flow before gradually transitioning into slower money for sustained and substantial long-term investment returns.
13:09 Chris elaborates on the progression of real estate investing, from direct marketing to sellers, wholesaling, raising private funds, flipping properties, and finally, adopting a buy-and-hold strategy, underscoring the significance of cash flow and property maintenance, especially in long-term investments.
17:00 With a background in real estate and land development, Chris' journey began with small ventures like oil changes and car washes in college, scaling up to four locations by age 26, with profits reinvested into real estate, building a substantial portfolio with a focus on slow money. His experience scaling businesses to multiple locations paved the way for him to become a multimillionaire in his 20s.
17:40 Chris talks about the opportunity currently in trades like mechanics due to labor shortages and demand for skilled labor.
23:46 Chris offers a coaching program aimed at assisting individuals in entering the realm of real estate entrepreneurship, sharing his wealth of experience and wisdom with his clients. Through initiatives like his Allies Mastermind program, Chris facilitates partnerships and equips aspiring entrepreneurs with the necessary skills to thrive in business.
25:23 Chris hosts an "Allies Mastermind" event quarterly for like-minded entrepreneurs. The next one is mentioned taking place June 19-20 in Nashville, Tennessee.
27:03 - Buying right in real estate investing through deals with equity was emphasized by Chris over appreciation or ego-driven purchases. Investing smart in real estate means prioritizing deals with equity, not buying based on ego or speculation. It's about building a secure portfolio for the long run, focusing on stable investments rather than quick gains.
Mentioned in this podcast:
Facebook: https://www.facebook.com/chris.rood.31
Instagram: https://www.instagram.com/realestaterood/
YouTube: https://www.youtube.com/@ChrisRoodentrepreneur
Website: chrisrood.com
Allies Mastermind - June 19-20 in Nashville, Tennessee
Interested in real estate investment opportunities and networking? Drop us an email at grabthemap@gmail.com and explore more on our website at http://grabthemapllc.com

Are you struggling to diversify your investments beyond real estate as the market shifts? Are you feeling stuck with limited options as an equity-rich investor? Are you wondering how to achieve greater returns through scaling your portfolio instead of relying solely on appreciation? Meet Joshua Wilson - a serial acquirer who transformed adversity into opportunity. Driven by his passion to help others overcome challenges through perseverance and leadership, Josh overcame worries of tenants paying rent during COVID to diversify out of real estate. On this episode, he shares how partnering with operators can help them achieve 8x returns compared to going solo. Are you ready to boost your returns through strategic partnerships instead of flying solo? Tune in as Josh pulls back the curtain on his formula for acquiring businesses globally using other people's money and experience to achieve outsized wealth.

[00:12] Joshua Wilson discussed how cold plunges and saunas have helped him build mental toughness to overcome adversity. He explained that enduring challenging temperatures that test his mind and ability to handle hard situations has transformed his life. He cited David Goggins' teachings about pushing mental limits as influencing him to live by enduring difficult cold water plunges and sauna sessions on a regular basis.

[03:09] Joshua shared details about getting started in real estate investing in 2008 and using the buy, rehab, rent, refinance strategy to build a $25 million portfolio over 15 years before recently selling it off.

04:14 Joshua explained that during the COVID pandemic, worrying about tenants paying rent made him realize he needed to diversify from solely relying on real estate into acquiring businesses to spread risk.

[04:35] -For his first acquisition in 2021, Joshua described buying a non-emergency medical transport company in Florida using owner financing since the seller only had limited financial records available for traditional financing.

[06:38] Joshua discussed persevering through the new company's first challenging year when revenue was only $50,000, but is now seeing success in the fourth year with revenues approaching seven figures.

[08:18] Joshua credited his real estate experience with teaching him valuable skills like creative financing, negotiation and leveraging other people's money that he now applies successfully to acquiring multiple businesses.

[09:22] Joshua was discussing why he prefers to use other people's money (OPM) for his investments and acquisitions, rather than solely using his own cash. explained that he prefers to keep all of his cash available by bringing in investors to provide debt or equity for his deals. This allows him to do an unlimited number of deals without worrying about constantly using his own funds. He said he would not do it any other way than leveraging OPM.

[11:40] Joshua briefly mentioned JW Global Enterprises when discussing his plans to acquire businesses anywhere in the world. He put "Global" in the name instead of regional or statewide because he is not afraid to acquire deals anywhere, as long as they are good opportunities.

[13:50] His goal is to have 10 companies generating a combined $10 million in EBITDA in order to attract a private equity buyer for his holding company portfolio.

[15:33] Joshua credits his mentor who he considers a great friend who helped him out early on in acquiring multiple businesses. His mentor showed him to take $150k and turn it into over six figures of revenue each year through acquiring companies, which helped spark Joshua's interest in the area.

[16:52] BizBuySell.com was mentioned by Joshua as the first place he bought his first company from. Joshua recommended it as a good initial source for people who want to start exploring potential business acquisition opportunities.
[19:41] Joshua is seeking partner operators who can benefit from coming under his umbrella and achieving a higher 8-10x multiple e

Are you trapped in a cycle of chasing wealth, only to find yourself lacking true freedom? Do you ever wonder why despite earning more, you still feel chained to financial worries? Meet Johnoson Crutchfield, the maverick of wealth liberation! With a fiery passion for breaking down barriers, Johnoson challenges the conventional wisdom surrounding prosperity. As a seasoned real estate investor and mentor, he's uniquely qualified to guide you towards genuine freedom. Through his dynamic approach and insightful teachings, Johnoson empowers you to redefine wealth and unlock the doors to boundless possibilities. Say goodbye to financial constraints and hello to a life of abundance!
01:00 - Johnoson kicks off the session, addressing the audience's desire for wealth and the common misconception that more money alone leads to fulfillment.
02:46 - Johnoson defines wealth as synonymous with freedom and flexibility rather than solely material possessions like money or property.
03:12 - Johnoson shares anecdotes to illustrate that even individuals with substantial incomes can lack the freedom they desire, debunking the myth that wealth guarantees happiness.
05:23- He emphasizes the importance of consistent effort and patience in attaining true wealth, cautioning against the allure of quick-fix solutions promoted by marketing gurus.

06:32- Johnoson discusses the importance of time freedom in wealth journey. He encourages listeners to think about their wealth journey through the lens of time freedom.

Connect with Johnoson Crutchfield for coaching sessions at https://www.linkedin.com/in/grabthemap
If you are interested investing in real estate and make connections, shoot an email grabthemap@gmail.com. Read on some of our blogpost http://grabthemapllc.com/

Are you frustrated by the slow progress of your real estate business? Do you dream of the freedom that comes with owning multiple income-producing properties but feel stuck in how to scale up? Dr. John Crutchfield was in your shoes once too, until he discovered the surprising secret to accelerating his portfolio growth through consistency and repetition. Tune in to learn his formula for success.

[00:28] Introduction - Dr. John introduces the topic of scaling a real estate portfolio. He kicks off the episode by setting the stage - he's received a question from someone who has done a deal or two but wants to take their business to the next level through acquiring more properties. Dr. John shares the key he's discovered to make this possible.
[01:03] Education, Planning, Hustle - The 3 pillars for business success:
Dr. John outlines the foundational steps of getting an education in real estate, whether formal or informal; making a clear plan for where you want to go; and hustling through consistent action. These lay the groundwork for sustained growth.
[02:23] The Secret - Repetition is key to progress through daily actions:
Here, Dr. John reveals that repetition is the true secret to scaling up. By doing the same processes every single day, like raising money, finding deals, cold calling, or mailing list. Your progress may seem slow at first but will compound greatly over weeks, months, and years through consistency.
[04:07] Developing Systems for Repetition: Finding sustainable ways to repeat success.
Dr. John discusses the importance of developing systems that allow for sustainable repetition without burnout, emphasizing the need for consistency and perseverance in daily activities.
[04:41] Scaling Through Repetition - Dr. John's experience as a BRRRR investor doing deals consistently:
Dr. John discusses how he personally applies repetition in his own investing through his BRRRR strategy of fixing and flipping distressed properties, then using the profits to fuel the next deal in a perpetual cycle of growth.
[05:10] How to Get Help: Dr. John's offer of assistance and resources.
Dr. John invites listeners to reach out for support, whether through private messaging on social media, participating in challenges, or joining free informational calls about real estate and related topics.
Mentioned in this podcast:
Wealth in Real Estate Facebook page
John Crutchfield's TikTok
John Crutchfield's Instagram

If you are interested investing in real estate and making connections, shoot an email grabthemap@gmail.com. Read on some of our blogpost http://grabthemapllc.com/.

Are you torn between investing in real estate or the stock market? In today's episode, host Dr. John Crutchfield dives deep into the advantages and disadvantages of both investment avenues. A seasoned real estate investor and stock market enthusiast, he offers unique insights into maximizing wealth through these two popular investment options. From leveraging assets to tax incentives, discover which path aligns best with your financial goals.

[01:34] Dr. John introduces the topic of comparing real estate and stock market investing, noting that he owns both and wants to share insights on each.

[02:37] Leverage in real estate: Dr. John loves being able to leverage money to acquire real estate assets, sometimes up to 10x the capital invested. This allows controlling large assets with a relatively small amount of money up front.

[03:23] Tangibility and control of real estate: Dr. John appreciates being able to see, touch, and in many cases control the outcome of real estate by its location, improvements, and maintaining income.

[04:51] Appreciation of real estate: Dr. John notes that real estate generally increases in value over long periods as opposed to possibly decreasing. He cites the increased value of homes over 20-30 years.

[06:20] Liquidity of stocks: Selling stocks is usually quicker than selling real estate since no buyer needs to be found.

[07:19] Educational Materials: Resources are abundant to educate people about stock market.

[08:07] Tax benefits of real estate: Dr. John states that real estate gains are typically taxed more favorably than stock market gains.


Connect with Johnoson Crutchfield for coaching sessions at https://www.linkedin.com/in/grabthemap

If you are interested investing in real estate and make connections, shoot an email grabthemap@gmail.com. Read on some of our blogpost http://grabthemapllc.com/

In this episode, Dr. John Crutchfield delves into the gritty truth of scaling a real estate portfolio, exploring the challenges and rewards that come with expanding your investment holdings. He shares personal anecdotes and insights gained from his own journey, shedding light on the complexities and pitfalls of growing a real estate business. Through candid discussions and real-life examples, listeners will gain valuable perspectives on navigating the highs and lows of scaling their own portfolios.
[00:48] Dr. John discusses the hurdles encountered by real estate investors when expanding their portfolio. He begins with a story about an investor, managing 20 units, who endeavors to scale up, recounting the difficulties encountered with inspectors and contractors along the way.
[02:35] Dr. John discusses the loss of control that often accompanies scaling, highlighting how managing multiple properties introduces new complexities and unforeseen issues.
[03:49] Dr. John emphasizes the challenges of scaling a large real estate portfolio, including managing systems and accountability, stressing the need for investors to hold themselves and others responsible for meeting deadlines and promises.
[07:48] Reflecting on past setbacks, Dr. John shares anecdotes of dealing with property damage and insurance claims, illustrating the resilience required to overcome obstacles in the real estate industry.
[09:15] Dr. John emphasizes the challenges of scaling a portfolio or starting something new, but highlights the freedom and opportunities that come with it.
[10:40] Dr. John encourages viewers to find communities and people who will support and motivate them to keep pushing forward.
Mentioned in this podcast:
https://www.facebook.com/groups/wealthinrealestate
Connect with Johnoson Crutchfield for coaching sessions at https://www.linkedin.com/in/grabthemap
If you are interested investing in real estate and make connections, shoot an email grabthemap@gmail.com. Read on some of our blogpost http://grabthemapllc.com/