What does it take to start a $80 million-a-year real estate business? Marc Rousso and Jay Mezistrano of JayMarc Homes knows the answer first-hand, and they share how to start a real estate company with huge profit potential in this video.
This video has been sponsored by Constant Contact. Sign up to Constant Contact Using Code UPFLIP30 For 30% OFF and start a FREE TRIAL today! www.constantcontact.com/upflip
JayMarc Homes wasn’t Marc and Jay's first business. They started from scratch twice. Their first business was a DJ company that they grew and sold. Then invested the profits from that sale into real estate and realized a passion for buying and selling properties. This experience paved the way to starting a construction business. Twelve years later, it’s grown to a phenomenal level.
Not only did Marc and Jay build a real estate company startup from scratch, they did it in the middle of a real estate recession. They’ll share what challenges was faced growing a business in that economic climate and how they overcame them. Raising capital is another common obstacle when starting a real estate management company, and we’ll hear how Marc managed his finances early on to achieve smart, consistent growth.
The team JayMarc built for their business was another big part of his success. They created an entrepreneurial culture in his company and will discuss how they instill that in the team and why that helps JayMarc Homes succeed. We’ll also learn what servant leadership means, why it’s an effective approach, and how to achieve it in a business in any industry.
If you’re considering a small business in construction or real estate, you’ll definitely want to hear Marc’s advice before you take that leap! And make sure to check out our other interviews with business owners in the construction industry:
You Won’t Believe His Construction Business Profit Margins ►
• You Won’t Believe His ...
How She Sells Sheds and Makes $45K/Month ►
• How She Sells Sheds an...
Resources
www.jaymarchomes.com/ - Find out more about JayMarc Homes on their website
www.upflip.com/academy - Launch and scale your business with our expert-led Academy
www.upflip.com/blog/how-to-in... - Tips on the right way to invest in real estate on the UpFlip blog
www.upflip.com/podcast - Hear interviews and advice from business owners and experts on the UpFlip podcast
Timestamps:
00:00 - START
00:49 - Meeting Marc
02:49 - Touring house to be demolished
03:35 - Why demolish properties?
04:38 - Tools and systems
05:26 - Demolishing the house
06:31 - New build job site
07:24 - Challenges of starting the business
10:18 - Tour of new home
12:35 - Visiting JayMarc offices
13:36 - Real estate cycles
15:35 - Goal setting and manifestation
17:23 - Fan blitz
18:17 - Lessons from failure
19:22 - Marketing his homes
21:18 - Choosing a niche
22:18 - Time to profitability
23:12 - Average revenue
24:20 - Growing revenue
24:58 - Finding investors
25:34 - Necessary skills
27:07 - Employees and hiring
27:53 - Finding properties
29:20 - Company culture
31:24 - New home design process
32:26 - Custom home design process
33:23 - Goals for growth
35:24 - Awards
37:03 - Webinar series
38:58 - Outro
#realestate #realestateinvesting #realestatebusiness
20 июн 2024
