In today’s episode, Jeff interviews Beau Eckstein, a professional in the Real Estate world. Through many ups and downs in life Beau found the resilience to keep going. He learned a lot from his experiences and found that there are many flavors and food groups of Real Estate. Beau discusses some of these flavors and food groups that can help you to get to your Freedom Day.
Beau and Jeff discuss:
- Beau wasn’t a good student growing up and was never interested in school.
- Went to Junior College but had Real Estate in the back of his mind.
- His Real Estate journey started as a telemarketer at a residential mortgage company.
- In 2007 he was over leveraged, had a midlife crisis and had to regroup.
- Beau’s “flavor” of Real Estate started in flipping houses but progressed to buy and holds.
- Beau explains the “100%er” concept.
- Beau was on a TV show called “Flip it to Win it” which was a lot of fun.
- Beau explains the BRRR method.
- There are many “food groups” to help you get started with Real Estate.
- Beau answers the question: What is your take on the Real Estate market right now?
- Meetup groups are a great place to learn and grow.
- New in the future of Real Estate: Web 3, AI, ChatGPT.
- Beau hired a coach to get a better picture of your life.
Fast Five Questions
- If you woke up and your business was gone, you have $500, a laptop, a place to live, and food, what would you do first? “I would do what I do now, which is create really good content online and people will find me because it's virtually free.”
- What is the biggest mistake that you have made in business? “I see partnerships fail so often. Then there's a lot of value to having strategic partners and also, I think you have to learn the partnership way and how you set the expectations.”
- What is a book that you would recommend? “Who Not How: The Formula to Achieve Bigger Goals Through Accelerating Teamwork by Dan Sullivan.”
- What is a tool that you use everyday that you would recommend? “ChatGPT.”
- What is your definition of freedom? “So to me, freedom, it's really being a 200%’er would be freedom to me.”
- What is the best way to contact you? “https://beaueckstein.com/”
Jeff spent the early part of his career working for others. Jeff had started 5 businesses that failed before he had his first success. Since that time he has learned the principles of a successful business and has been able to build and grow multiple seven-figure businesses. Jeff lives in the Austin area and is actively working in his community and supporting the growth of small businesses. He is a board member of the Incubator.Edu program at Vista Ridge High School and is on the board of directors of the Leander Educational Excellence Foundation
Connect with the Freedom Nation podcast at www.freedomnationpodcast.com
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