Remote Property Flipping Podcast

Introduction to the Remote Property Flipping Podcast

Hosted by: Joe McCall and Tom Wade

Intro: This is the Remote Property Flipping Podcast with your hosts, Joe McCall and

Tom Wade, two of the world’s most sort after experts on remote property

flipping and virtual wholesaling. So if you are interested in learning how to

make an incredible living flipping properties from a beach in Spain or a café in

Prague with only a laptop and a mobile phone without using any of your own

money or credit, then you are in the right place. For more information on

how you can personally work with either Joe or Tom and how you can create

your own location independent business through remote property flipping,

make sure you go to RemotePropertyFlipping.com right now.

Joe: Hey everybody, welcome. This is the Remote Property Flipping Podcast. I am

Joe McCall and I'm with Tom Wade. How are you, Tom?

Tom: Fantastic! How are you doing, Joe?

Joe: Awesome. I'm excited about this because this is our first episode, isn't it?

Tom: Yeah, first episode. I mean, I’m really looking forward to it.

Joe: Yeah, man. We've been talking about this for a long time. This is a podcast

about flipping properties remotely from anywhere in the world. And I have a

podcast, Real Estate Investing Mastery, that we've been doing for four years

now. And this is going to be... We've got a lot of things we want to talk about.

And I don’t even know where to start, Tom.

But on this first episode though, we want to just introduce ourselves to you

guys, let you know who we are and kind of talk about what the show is going

to be about. This is a very unique podcast. There's not another podcast out

there like this. And Tom is a good friend of mine that is flipping deals in

England while travelling around the world. And I am actually in Prague right

now flipping deals in the United States. And it's a great business. It’s a great

time to be in the market. And Tom, welcome to the first episode of Remote

Property Flipping.

Tom: Thanks, Joe. Well, look, it's incredible we're actually doing this, like I

remember speaking about this a while ago now and it's completely different.

And the call of what it is and what we want to teach you guys is what remote

property flipping is.

Joe: Uh-huh.

Tom: Basically, the essence of it is how anyone from all walks of life, from stay-at-

home moms to kids just leaving college to the elderly in the 60s, 70s or

anyone can flip properties remotely without using any credit, without using

any of their own money and having any experience. Essentially, we're just

controlling property. I know in the podcast you're doing with...

Joe: Alex?

Tom: With Alex, yeah. It's teaching people in the US how to do this, but what we

are doing here is actually teaching people in the UK how to flip properties

while traveling. Or if you don’t want to travel around the world, what we will

be fortunate enough to do is you can still do this at home. But the missing

link and the key of what we want to teach you guys here... Like I said, we'll

just chop it. This is raw and we're going to give you just valuable information

that we're actually doing right now. But the core of this is how you can do

this business without actually meeting the sellers or the buyers.

Joe: Yeah. Well, and this is cool Tom because I've been flipping properties

remotely. In the United States, we call it virtual wholesaling. And I think a

better term in Europe would be remote property flipping. But it's something

that we've been doing for a long time in the United States where we can

wholesale properties in the United States without seeing the property,

without really even meeting the seller or looking at the house. We've been

doing that for a long time but it's a relatively new concept in England and you

really, Tom, are the pioneer, aren’t you to this whole concept?

Tom: Yeah. Well, talking about what you said in my journey when I started in this

business that I ran about four years ago. And I learned from you guys in the

US. I was learning... I was in the UK. My story was I was working at GNC

working a 9-to-5 job making under £1,000 a month, maybe even less. I think,

it's £750 a month or something like that. And I knew, and I’d dropped out of

college earlier.

And so I knew for me, I had to start my own business but I didn’t have that

lane or vehicle to go down. And when I found out about virtual property and

being able to do this from anywhere in the world, and to be honest, I'm not

that. I don’t enjoy meeting sellers if I'm being honest. That’s not what I enjoy.

I prefer to transact deals from home without meeting anyone. So I can be

with my family or I can travel like what I've been doing a lot. And that’s my…

That’s freedom to me.

So taking back to what you said, you got into doing that for four, five, six

years, teaching people loads of stuff like teaching how to flip deals in the US

virtually, remotely without actually meeting the sellers. But in the UK, that

was not heard of. So what I did is I... kind of how I do in my own back garden,

in my own backyard here in the UK without actually meeting the sellers.

And for the last four five years now I've just been doing it, doing deals while

traveling around Europe. And I've been teaching it for the last few years as

well. And it's just incredible. I just can’t really speak enough about it. I love it.

There’s no business like it in the world.

Joe: Yeah, and I think that’s the main theme of this podcast. It's going to be

freedom, isn’t it. It's going to be, I like to call it, lifestyle business or location

independence, the virtual freedom that you can have in this business, where

you can source properties, and we are going to be using American terms and

English terms interchangeably. So hopefully we don’t confuse everybody. But

in the United States we call it wholesaling or virtual wholesaling. In England

you call it...

Tom: Remote property flipping.

Joe: Remote property flipping, but you also call it sourcing, right? Sourcing

properties?

Tom: Yeah, essentially sourcing properties and deal packaging and deals. So for

example, I sourced a deal. It’s worth a hundred thousand pounds. I source a

deal at 80,000 and I sell that deal on 85,000. And I'm essentially just

controlling that property with a contract and then just flipping that deal and

that deal on. And that’s obviously the term of the podcast, remote property

flipping.

So the first bit, is remote. And that’s the differential between the majority

out there because they teach you how to... look Joe, we all work hard.

Everyone works hard. Everyone does work hard, but isn't it time we worked

smarter and we didn’t have to actually be... you can only drive around to

meet so many sellers.

And when I found… It was an aha moment when I realized that I could do this

business from home and be able to jump on Skype like what we are doing

now, to be able to jump on Skype and record this, and to be able to actually

jump on it just on internet connection and be able to do this deals.

And coming back to what you said about the lifestyle, what we want to bring

here is I know is still going everywhere. But why do that, because I'm so

passionate about it. But one of the most important thing is it's not just about

having another job. It's about having a business that revolves around your

lifestyle. So your lifestyle comes first. And you create that business around

what your vision is.

So that might be, I want to spend more time with my kids and have a few

actual vacations a year. Well that’s your vision and that’s how you... You want

a business that fits into this. And there's no other business from my

experience that actually fits into it apart from remote property flipping and

other businesses out there, but it's one of a kind. But I mean Joe in terms of…

You are in Prague right now, right?

Joe: Yeah we are in Prague and we interviewed you on our podcast Tom a couple

of three months ago. And it was exciting to hear from you, your perspective

on how you are flipping properties remotely while you travel around the

world and you do quite a bit of travelling. I have a wife and a family. We have

four kids. We are actually in Prague right now for about three months. And

we are wholesaling deals in United States.

And so we started talking and said, “Let’s do a podcast about this stuff; let’s

call it Remote Property Flipping. And let’s have a podcast where the emphasis

is on lifestyle and freedom and being able to travel the world while you are

wholesaling properties or sourcing properties from anywhere in the world.”

You know my main focus is on the United States, and yours is on England. I

think this podcast will appeal to a lot of people all over the world. I think

especially to people in England and also in Europe who want to learn this

business and learn how to flip properties remotely.

Tom: Exactly. What you said, Joe, at the start when you interviewed me on the

podcast and the way I started was… and I did flip a deal in the U.S. My first

deal, my first ever property deal I’d done, I was in England and I flipped in

Memphis, Tennessee. And I know the possibilities how you can actually

access the entire world and especially the US to start flipping deals even if

you are listening in Spain now. Or you are in the Netherlands or you are in

Canada or wherever you are in the world and you are interested in actually

learning to do these deals.

Or maybe you can’t do it on your own country, but you feel, “Oh my god I

really want to get into this, but I feel stuck because everyone keeps telling me

I have to go meet the seller, I have to go to negotiate the house.” But what if

there was a way to be able to do that without having to meet the sellers and

there is. And we come on to another episode about the sales and so on and

going deeper into that.

Joe: But then that’s what this podcast is going to be about. And it's going to be

about how to really design a vision for your life first. You know, what do you

want to do? Do you want to travel? Do you want to spend more time out

with your family? Do you want to take more vacations and holidays? And

then design a business around that, design a business that meets your

lifestyle.

Most of us have it backwards, we have our business, we have our job, and

then that’s the center of our life. Then we try to fit life in around that. Well

let’s turn it on its head, you know, what we don’t have to wait till we’re

60/70 years old before we “retire” and travel the world, so then we can

finally have some leisure time and some fun. Let‘s do it now and you don’t

need to... You don’t need to have a million dollars or a million Euros, or

pounds in the bank to do that.

Tom: Yeah, I always say Joe that’s really well said actually I completely resonate

with that, because when I... A lot of people think I need to have all these

deals, a massive portfolio, and I need to have a million pounds, Euros, or

dollars in the bank. No you don’t, because an average deal if you just make...

I always say to my clients, I say, “What if you’ve just done two deals a month,

or one or two deals a month for say 6,000 pounds or $10,000 how would that

change your life right now if you had that?

Genuinely like if that coming in to your account right now and this is more

than possible, it’s so much... It’s 100% possible if you learn the strategies, you

learn the marketing that we always talk about Joe, the marketing and sales. If

you learn this and you have a real passion for which I believe you have to love

it, you have to really-really enjoy what you do. You can a six figure business

out of that while “retiring.”

So how does that...? Just a quick question to you, Joe. Since you started,

when you were working... If you just tell us your story a little bit for some

people that don’t know you on how you actually started, and how it changed

your life, your family, and your income and the most important thing is your

lifestyle?

Joe: Yeah, yeah well let’s do this I’ll introduce myself, kind of tell my story and

then you introduce yourself and your story. And I want everybody to know

too that throughout the first... we don’t know yet how this is all going to

work out. Our goal is to do... keep these podcasts down to about 30 minutes

each, and release one or two a week.

But our goal with the first 20 or so podcasts is just going to be to teach

everybody how to do this stuff. We’re not going to be holding anything back,

we’re going to be open... could be completely open about how we do this in

our business and teach everybody listening how they can do this as well for

themselves.

But my story is I was... I went to Iowa State University in Iowa, I don’t know if

anybody knows where Iowa is, but it’s right in the middle of United States. I

was born and raised in Southern California, and moved to Iowa when I was in

high school. But I’ve always been kind of systems oriented, I’ve always liked

science and engineering and I went to Iowa state university to get a degree in

engineering, and started working for large corporations. I worked for about

two or three different large corporations. And I really got tired of the... just

being a number on a badge that clocks in and out, and I got tired of working

for a company that... it was such a big company that I... it didn’t feel like I was

contributing enough or no matter how hard I worked I got paid the same

every single month.

And then if I was lucky I got a raise and I got good performance reviews, but

I’d get a raise that really just kept up with inflation. And to get promoted or

to get significant raises you had to go to a new company sometimes. Anyway

I worked in the corporate world, climbed the corporate ladder a little bit for

about nine years.

And that was another thing that was really discouraging to me because I

would see the managers that I had to... if I wanted to climb the corporate

ladder I would watch very closely who the managers were that, if I were

going to stay in that business who I would have to be. And it was depressing

to see these guys working harder than anybody with all of the pressure and

the stress that they had. Yeah, they’re making more money, but if you look at

their hourly wage it was probably close to what I was making.

Tom: And their stress level was terrible…

Joe: Oh yeah, and I said, “I don’t want that, that’s insane.” And it’s only like a

small one percent of them that maybe even go on beyond that, a lot of those

middle managers are stuck there of the rest of their lives. So it was

depressing to me and I was like, you know I just don’t want that for me, for

my family. I want the freedom to be able to call my own shots, to run my own

business, and to live anywhere in the world that we want to.

So in 2006 I started buying real estate, I stated buying properties back when

it was easy to get mortgages, and I bought about 12 or 13 properties. Within

about a one year’s time frame... and back then in the United States, I'm sure

it was similar in Europe, but we were really... a lot of people were buying

properties wrongly. We were not buying then based on fundamentals. If it

cash flow $100 or $200 I was fine with that, I was counting on appreciation, I

was expecting property prices to always be going up because they never

went down. So I made a lot of really bad mistakes.

And then I started right when the market was at the peak I bought a couple

really large properties to rehab, and I could not have bought those at a worse

time. So the market crashed, and that was about 2007/2008 and it was really

a difficult time for me, very, very difficult and stressful. We almost came to

complete financial ruin, it was stressful on my marriage, it was stressful with

my kids, I was not a good dad, and I was still working a full-time job.

And it was very, very difficult for me and through that whole process I started

realizing the importance of cash flow. And I thought I had equity and I kind of

did until the market crashed right, but you can’t eat equities as they say

equities, you get it. So you can’t eat equity, you can only eat cash flow. And I

started thinking about how cash flow is important, and my impression at the

time was that I just needed to buy a bunch of properties that cash flowed

$100, $200 a month and you know by the time I have 100 of them I’d be

doing fine.

But not realizing that that $100, $200 a month in cash flow quickly

evaporates into vacancies, and repairs, and stuff like that. So I knew I had to

learn wholesaling or property sourcing. I had to learn a way to make quick

cash, and so this was in 2009 and I really wanted to quit my job. I remember I

was working on a large power plant with an electrical contractor doing their

scheduling. I started thinking about wholesaling and I said “I'm going to learn

this business called wholesaling. I'm going to learn how to quick flip

properties.” And I bought a couple of courses; I'm a big believer in education.

And I said, “I'm just going to do what these guys say.” In fact one of the first

courses I bought was Chris Chico’s course called ‘Virtual Wholesaling.’

Tom: Yeah I bought that one as well.

Joe: Yeah, yeah this was 2008/2009 and this was kind of when virtual wholesaling

became really popular in the United States. It was kind of a new concept back

then. How you can actually flip properties without seeing the house, without

really meeting the sellers, just doing everything over the phone and with an

internet connection.

So I started doing that in my own back yard in St. Louis, and about that time

as well I started wholesaling lease options. I started tying properties up as a

lease option, and instead of selling that contract to an investor I was selling

those contracts to tenant buyers. And I started flipping lease options, and

then within about three months, four months of doing that my part-time

income wholesaling lease options surpassed my fulltime income on my job.

Tom: And how much... good question Joe, how much were you making at your job?

Joe: At the time I was making about $75,000 a year, and so that would be what six

or seven thousand a month right. It’s about $6,200 a month, and then if you

add on benefits I was making about 7,000 a month, but I was I was making…

Tom: I see that’s amazing, but how did you feel about it? Like in terms of going,

yeah working, how did that change, how did that... how was the

breakthrough, what did you... what did that do for you?

Joe: I felt so empowered that, you know what I can control my own destiny. I

could... if I can make seven, ten thousand dollars a month part-time, how

much could I make full time if I devoted more time to it? And I knew I could

do it consistently, because I didn't want to quit my job after just doing a few

deals. I wanted to have a proven track record to show that I could do it

consistently over two or three months. So I did and my wife was actually

really supportive, she could see the results and knew that I could do this.

Tom: That’s amazing.

Joe: That’s when I left my job and I could talk for a long time about all of that, but

since then I have been wholesaling ever since. I love wholesaling because I'd

rather make a quick nickel than a slow dime. Nothing wrong with the slow

dimes and what I mean by that is by rehabbing houses or fixing and flipping,

holding... yeah, buying and holding rental properties and stuff. Those are

great ways to make large profits or build your long term wealth.

But I think it's important for every investor to understand wholesaling, to

know how to find good deals and then be able to cherry pick, you'll keep the

good ones and wholesale the ones you don’t want. So that’s what my passion

has been over the last four or five years, I'm still doing deals, but I really love

coaching and teaching people, we started the podcast Real Estate Investing

Mastery back in 2011.

And I just really love this concept of finding freedom through real estate and

learning... teaching people how to flip properties from anywhere in the world

with just a laptop and it can be done. And that’s why... that's how we

connected and which is... you have an awesome story as well, why don't you

tell us... tell everybody listening Tom your story, how you kind of got started

in the business?

Tom: That’s amazing yeah, that’s a great story Joe, it’s going to be hard to beat

your story. Oh, that’s fantastic, as a hint on the deep level, my story is quite

different. My story was, I dropped out of college at 16, I didn’t have any real

qualifications, because I never... the tradition with education was never for

me. I always felt something... they just didn’t fit well, it didn’t fit right with

me. I'm sure as people listening, can resonate with that. And I knew I had

more in me to give.

And to go down the lane, I have been entrepreneur, that’s where I went to,

but I didn’t know what it was yet, so I was still thinking is it possible, and

questioning myself and doubting and so on. And when I went, early on when

I was 16, I went through a lot of depression and so forth. Because I didn’t

think, because I bought in to the systems where you are saying you need to

get nine to five job, and then hopefully you'll make 50 grand a year, and I

think before then that just didn’t fit right with me.

I thought is that all there is, there must be something else out there. So I

started working in a normal nine to five job and it was okay for first, but it

started building up. I mean actually, well, I was just 21, I was somewhere in

my 20s, now mid-20s. But when I was 21, I said I need to quit this job, and I

was actually working in... you might have in the U.S. as well as sports

nutrition shop, it’s called GNC. And I was working there; I was making about

$1,000 a month, 750 pounds or something.

It was just... I was working 20 hours a week. Yes, I liked it to a certain degree,

but I didn’t want to have a boss on my back. And I wanted some finales, I

wanted to find... I was hungry, I was learning into that marketing, I was

learning these loads of different ways to get out, but nothing felt right to me.

And then one day, I was walking home, I was always talking to my friend

when I was walking back to my parents’ house, because I was actually living

with my parents at the time.

Joe: And how old were you?

Tom: I was 21.

Joe: Okay.

Tom: And I was saying there must be enough... there must be something else. And

he was talking about the foreclosures in the US, in the states. And I said, it

was interesting because he was saying, you can buy these really cheap and so

on, and I was like okay well let me... I dint know anything. Literally my

knowledge I knew nothing about real estate or property investing at all, I was

a compete novice. But I went in with open mind because I always say if you

are in... when it becomes a must, you'll do anything to do whatever it takes,

and I was in that situation, I would absorb anything.

So I carried on and I started studying this stuff online, I went on Trulia.com. I

believe and started seeing, and as I started seeing these ads of no money

down, how to control real estate without using any of your money, credit or

having an experience and that’s me. They were talking to me. And the gurus

and so forth, and I like what you said about education, I really believe in

education, really whole heartedly believe in getting a good mentor or

program or books. So whatever age you choose but just learning this stuff,

sitting down and learning this stuff.

So I absorbed everything, I took everything in I could. And it resonates, well I

can remember the exact time I was sitting at the chair in my dining room, we

call it living room in the UK, I don’t know how you guys call it. And I just said

this is... every cell in my body it felt right, because I remember I said I will do

this, I'm going to make... this is me, this is right to me like it was sent from

whatever you want to call it, from God or whatever you want to call it.

Literally that’s how I felt like it was, it was meant for me, and it was really

touching on the deep level, I'm really passionate about that, because it

changed my life, it really did change my life. And when it came in, and I

started studying, I started absorbing and I started teaching this stuff... sorry

learning this stuff. And I can remember I was so excited about it, I was telling

it to my friends and my family and they just looked at me like I was crazy,

literally like I was insane.

And I told my boss and I said this is what I'm doing and they were like why are

you reading these books? I was actually reading “The 4 Hour Work Week,”

and I was going, how can I integrate “The 4 Hour Work Week,” lifestyle of

being able to travel and being able to live like a millionaire making just say 5

grand a month, and how could I do that? And it really... and I was reading the

book, I read it like hundreds of times, I have got notes still in the book over

my goals and stuff... I had read it the other day anyway, and it was quite

amazing just seeing that.

Anyway so I told my boss and my boss was like... as he come up to me one

day like right in my face and said, this will never ever work. This will never

going to work for you, did this, he goes, I have tried my own businesses, if...

you won't succeed, you're too young, you need to have experience, you need

to have money, it’s a scam, all of this stuff. And I just said, we’ll have to wait

and see, I just said we have to wait and see and that's it.

So I learned... to make the long story short, I learned and learned, and like I

said, I’d done my first deal… To be honest it wasn’t just a week I had done the

deal, I learned it every day, I scarified a lot to really learn this stuff. But when

I broke through into my first deal in the U.S., I turned back and I said can I do

this in the U.K., no one else is teaching it, I kind of started innovating it.

And I quickly went from £750 per month to my first zero to four months, I

made £40 grand, £40,000 in that first four months. So I made more, this is

when it just clicked with me. When I had done my first deal, I said my notice

was straight in, I quit and I just – I notice it is straight in. And my boss... this is

true story. He actually asked me, he said when it takes off for you, is there

any management positions?

Joe: Oh, wow.

Tom: That’s a true story, and I just said I won't…

Joe: You don’t get it.

Tom: No he doesn’t understand…

Joe: You don’t get it, well go ahead.

Tom: I won't have any of that, and I went to the coffee shop because I always loved

working from coffee shops and so I’ll be speaking about that a lot, in

Starbucks and so on. But I went there with such a feeling of this is just

literally... so empowered that I could do this. And it just taken off from there,

the story as you, I'm still doing deals; I'm doing deals every month. But I said I

need to teach this, I need to teach people this stuff, I have to.

If I don’t teach people this stuff I'm doing a disservice, because there's no one

teaching this, and it’s a pure lifestyle, myself personally I have never met a

seller, personally at their house. And I have been doing about four to five

deals a month ever since. And lasting for last three four years, so it's come up

to four years now, and I have never actually seen the properties. And hence

why I wanted to start coaching people this stuff, and that's why we want to

deliver for free this podcast, isn’t it Joe?

Joe: Yeah, you say, you really articulated it well Tom, you do really-really good at

that. And that’s why I'm excited about this podcast is because; we both have

a lot of passion about this business. And one of the reasons why I like to

teach it is because I actually learn more when I teach. When I coach people

and work with people from all over the world, I learn a ton of things from

them that help me in my own business.

And also then allow me to help other people as well. So even though we are

giving away a lot in this podcast, we are going to be learning a lot from you

guys as we interact with you, as we talk with you, as we get feedback. One of

the things I was thinking about while you were talking was don’t ever take

business advice from broke people.

Tom: Yeah, oh my God, all my life it’s so true and always... the thing with me,

because a lot of people, I speak to a lot of people there's that can either

make or break someone. When someone says you can't do it, it can either

break someone or make someone. And for me it made me because I always

said, observe the masses and do the opposite. Everyone is doing the same

thing and do you know... what's his name? The... he is a famous investor, the

famous…

Joe: Warren Buffet?

Tom: Yeah, Warren Buffet is be greedy, do you know that quote? I always said it

wrong, he said be greedy when people are fearful, and fearful when people

are greedy, and it’s the same thing. It's exactly the same thing as observe the

masses and do the opposite. Coming back to you, you said about taking

advice because everyone around me, I'm blessed I mean my parents have

been very supportive, but at the time they didn’t understand it, they didn’t

understand.

And I just said it will work, trust me, I swear to you it will work, and now I'm

in a position, like I said talking about travelling, and I'm going off the

[inaudible 00:29:36] but talking about traveling, I just come back from... I was

living... I'm in London right now, and I'm actually leaving for Barcelona Friday.

And I go to Barcelona on Friday, and then I'm off to Hawaii to spend a surf for

my birthday. And then I'm actually flying down to Texas to spend a few

months in Texas for a few months. And that is just something that is…

Joe: Well, we need to talk about that because you are going to Texas at the

hottest months of the year. But that’s okay; you are from England, right?

Tom: Yeah, I can handle it I believe, I went there though because I was in Texas not

long ago I went to the US. I spent about three, four weeks in Texas, and all

my life there it was very-very hot, but I love this. And we are still doing deals

out there, and that’s the beauty. And like I said that’s the difference I think

Joe that we want to do this podcast together is... for me I don’t have a family

right now. And I think our personalities they kind of gel, we are in different

locations, I know Joe we said we can also do videos alongside it in the next of

three or four episodes or something like that.

Joe: Well, yeah, let's talk about that because our future episodes, we are mapping

this out right now and trying to plant it all out. But future episodes are going

to be very educational. Very step by step, break it down to the most basic

levels, and we are going to be teaching you how to do deals from beginning

to end with just your laptop while you are traveling the world, or whether

you are working at home, or working at Starbucks. Even when I'm back home

in Saint Louis, I have really three offices, the office in my home. I have an

office where I rent, with some other investing friends and that's where my

assistants work. And then I mainly work at Starbucks, I have an office in

Starbucks.

Tom: Good saying it... Also I called, Joe, here. I’ll be going down to Starbucks and

doing some work from there. It's exactly that, and yeah and…

Joe: Well here in Prague, we are travelling right now; well we are planning a trip

to travel to Italy. We are going to be here for another couple of months, go

back to Saint Louis. Last summer we did a three month RV trip, we have a

camper RV that we hold with us around the North Western quarter of United

States. We went to about 11 or 12 different national parks, did a lot of

camping. And I worked from... while we were travelling, so it's kind of like a

working vacation.

Literally though, Tom, just working about two or three hours a day on

average max, sometimes I couldn't work it all, because I couldn't even get cell

phone coverage where we were, in some places. But I had the team in place

to wholesale deals. One month on that trip I wholesaled seven deals in three

different markets in the United States. And so we are not saying this to brag

or to tell you how awesome we are, we are just telling this to show you and

maybe encourage you a little bit, that you can do this too.

Tom: It’s possible.

Joe: And that’s what this podcast is going to be about. It's going to be about how

you can flip properties remotely in your own backyard, whether you are

travelling around the world. But don’t feel like you have to conform to what

the “world” tells you that you have to do or who you have to be. You can

have a virtual business, you can have this kind of location independence and

freedom to run this business and make fantastic money doing what you love

to do.

Tom: Yeah, 100%, I just want to start off tell the guys who are listening that you are

listening to this podcast and hearing us doing deals and travelling and so

forth. But overall the episodes we are going to break down the mechanics of

how to actually from A to Z, and everything in between how to do the deals.

And the core of the promote property flipping podcast is educational, but

also to show the possibility that it's possible for you not just for us to take

inspiration like I did.

And I was listening to Joe four, five, years ago and now I'm doing a podcast

with Joe. Hosting a podcast, so it's possible and I was completely in the other

side of the world. And it's creating the opportunities and possibilities just

being open to the fact that you can do this. And we break down, we do case

studies and we show the mechanics, and like I said it's our passion to teach

and we are going to learn a bunch from you guys as well as much as you are

going to learn from us. So I'm really excited to start this trip and go on this

journey.

Joe: Yes, well, this is awesome now we are going to give away some really nice

goodies, freebies on the website if you go to RemotePropertyFlipping.com.

We are still kind of working out the details as we are recording this. But Tom

has a book what do you call it? The 12…

Tom: The 15 Rules of Remote Property Flipping.

Joe: Yes, thank you, The 15 Rules of Remote Property Flipping. Right now I have

the book that I'm thinking I'm going to put on there; it's called Being Brilliant

at the Basics. And it's about... kind of what are the most basic things in this

business? I think... and we’ll talk about this so much more, but it's important

to keep this business simple, and then once you have a simple process, you

create a system out that. And then you scale the system, so the three S’s, I

would like to call and maybe even four S’s.

Just keep it simple, stupid right? Case principle, so you keep it simple, you

build a system around that, and then you scale it and that’s what we are

going to be focusing on in this, and that book 'Brilliant at the Basics' is about

keeping, creating simple systems, and then scaling that up to another level so

you can start doing this.

Tom: 100% and just so the listeners know, my book The 15 Rules of Remote

Property Flipping is for a UK audience, and Joe's book is for US, however they

can both be integrated. Because they are both relevant, well, we've just used

different terms such as Joe you call it in the US wholesaling, we call it

sourcing or property flipping. And they call for example in the UK, we call

doing out property, fixing them up refurbishments, in the US they call it fix

and flip, and it's the same thing, it's all the exact the same thing. And because

in the UK and the US systems they are the same isn’t it.

The nations and so forth, so I'm just excited to see people with growth just

listening to this podcast and... Yeah, I mean this is great. It starts to be...

doing it and sharing the knowledge because people need to hear this to be

honest, Joe. I hear a lot... there's a lot of stuff out there that's… It’s mediocre,

it’s vanilla, it's not the chocolate or this strawberry, it's not the real stuff that

people can listen to it. It's not the podcast episode and then within that

month do a deal and make say 5 grand and they can – and it’s real, they can

do that. Because I know, because I have listened to podcast episodes, taken

the knowledge and done the deals.

And you've done that Joe, I mean how much... in terms of how much training

you've gone through and so forth, I mean you’ve not just done it yourself,

have you?

Joe: No I couldn’t be where I'm today without coaches, without “gurus” that are

teaching this stuff. So we are big believers in education, we are going to give

away a ton of education on this podcast. And so for the first... We don’t know

yet, 15, 20 episodes or more, it's going to be a series, we are going to break

up this whole process down, the whole system on how to wholesale deals.

How to flip properties remotely and so this is... let's just wrap this up Tom,

this is the introductory podcast hopefully, we didn’t jump all over the place

too much.

Tom: Already.

Joe: I'm just kind of jumping up and down, it's part of this, it's still right now

because this is such an exciting venture for us and we are excited to share

this stuff. So guys, go to RemotePropertyFlipping.com, check out those free

books that we have there. We might even throw in some videos and some

audio trainings and things like that. But go to RemotePropertyFlipping.com,

there'll be a little place there you can put your name and your email address.

And you'll also be notified of new episodes as they are released, if you join

our mailing list. And you are in for a wild ride, this is going to be a lot of fun,

Tom we’ll talk soon, okay?

Tom: Yeah, bye guys, talk soon.

Joe: See you.

Outro: Thanks for tuning in to the Remote Property Flipping Podcast. If you like the

show please visit iTunes, subscribe and leave a review, we would really

appreciate it. Visit our website at RemotePropertyFlipping.com for detailed

show notes, and transcriptions, free books, videos, resources and more. And

finally if you would like to learn more about how you can possibly work with

either Tom or Joe, and create your own remote property flipping business,

visit RemotePropertyFlipping.com.