EP044: Gabriel Garcia Reveals How Real Estate Investors Can 10X Their Business

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Gabriel Garcia is the Vice President at FL Home Cash Buyers LLC Gabriel started out as an aspiring hip hop artist but with no money in his pocket he decided he needed a change of lifestyle Through the help of several books including Rich Dad Poor Dad by Robert Kiyosaki Gabriel found his financial freedom through real estate Find out more about Gabriel s success on this week s episode Key Takeaways Gabriel got started three years ago and is now currently doing about five to six deals a month How did Gabriel get started in this business With no money in his pocket Gabriel decided to read books about how to make money Gabriel went to a seminar that taught him how to flip houses He soon asked his dad for a 40 000 loan His father pretty much hung up the phone on him When you re first starting out it s a big learning curve and it can get hectic trying to cramp all the info into your head Gabriel hired a local mentor as soon as he could to help teach him the works What is Gabriel s approach to creating effective systems Gabriel realized that people — not systems– are foundational to his business If you have bad people you have a bad business If you really sit down and think about the costs of a bad hire you re looking at around 60 000-120 000 What does Gabriel s hiring process look like After you ve hired someone what are some of the steps to building a fantastic team How can real estate investors 10x their business What s the one thing they need to do 10-20 if not more of your profits should go back into marketing You can t build a business without marketing Mentioned in This Episode FlipEmpire com Floridacashhomebuyers com Cashflow Quadrant by Robert Kiyosaki Rich Dad Poor Dad by Robert Kiyosaki Richest Man in Babylon by George Samuel Clason Good to Great by Jim Collins Ask Alex A Question Have a question you want featured on an upcoming Flip Empire Show Head over to the Ask Alex page and record your question We ve made it super easy for you so let us know what challenges you are having and Alex will answer it personally Did you get your FREE Online Course Text the word EMPIRE to 67076 and we ll send you a link to get instant access to the 5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures In 6 Months Or Less video module training course Subscribe To The Flip Empire Show and Leave a Rating Review Click here to visit this podcast episode