49 min listen
Episode 201 - Melissa Johnson - Inside The Minds of Todays Millionaires
Episode 201 - Melissa Johnson - Inside The Minds of Todays Millionaires
ratings:
Length:
66 minutes
Released:
Aug 5, 2021
Format:
Podcast episode
Description
Melissa Johnson has done 1,000 deals over the course of 18 years. Based out of San Antoni, Melissa focuses on wholesaling, rehabbing, and “Owner-Financing”. Before entering the world of real estate, Melissa worked in other fields that were often dominated by men (Girl Power!). On her very first deal, Melissa made $25,000 simply by “flipping a piece of paper”. In addition to real estate, Melissa is a mixed media artist. Some of her pieces have appeared in books and magazines. You can learn more about Melissa by visiting her website, themelissajohnson.com where you can sign up for coaching or listen to her podcast, E3. :50- Intro to Inside the Minds of Today’s Millionaires 1:30 – Our motto 1:48 – Intro to Melissa Johnson and drinks with Dwan 4:10 – Who is Melissa Johnson today? 5:18 – “Subject-To” are a great way to make money 6:07 – What strategy is working in today’s market? 6:35 – Time to reevaluate 7:47 – 18 years and about 1,000 transactions 8:39 – Systems and processes – You need a team 12:48 – San Antonio median house price shift 13:35 – 2008-10 getting into “Subject-To” during the crash 15:48 – What is the monthly payment and can I afford it? 18:52 – Melissa’s best “Owner-Financed” deal 21:50 – Cash flow 23:00 – Male dominated field – Surprise the men 24:24 – Young mom and 5 kids 26:06 – Such a badass! 28:06 – Melissa before flipping houses 32:40 – You’re a girl… negativity 34:19 – School to be an x-ray tech 35:22 – They don’t understand! Decade with no team 37:32 – How to contact Melissa 39:23 – Melissa’s first deal, A Burnout 42:05 – Anti-climactic turns into astonishment 44:45 – One and done with fire damage 46:28 – I won’t touch a house with foundation troubles! 49:43 – Some deals are better suited for other investors 54:54 – Melissa is a mixed media artist! 57:30 – Melissa assigns the life equity challenge 1:02:20 – Parting words from Melissa about mindset 1:05:15 – Leave us some reviews, and remember, the truth is in the red letters!
Released:
Aug 5, 2021
Format:
Podcast episode
Titles in the series (40)
Episode 1 - Who, What, and Why is Dwanderful by The Most Dwanderful Real Estate Podcast Ever!