Time Versus Money: Jide Allufa and Marvin Espinal: Episode 60

Published: Oct. 11, 2017, 7:26 a.m.

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Jide Alufa began his investing career in 2015 after investing in himself and getting a mentor from the very beginning! Marvin Espinal was on his way to getting his doctorate in Physical Therapy before the REI bug hit him. Marvin started about 8 years ago renovating properties off the MLS in the DC and Maryland markets. After a visit to Ohio introduced him to a new, less expensive market\u2026 his business took off. When the MLS dried up, Marvin came back to his original market to focus. Jide and Marvin met at an REIA meeting that Marvin was speaking at. Jide on Investing on Yourself: \u201cI trust You.\u201d Jide spoke with his wife and she was ALL IN! She trusted him to succeed and take their lives and new business to the highest level. Marvin on SYSTEMS: \u201cI\u2019m only one person and I can\u2019t renovate an entire property by myself\u2026 It\u2019s alway been a concept of time or money. Whether I\u2019m going to give up a tone of time to save some money or if I\u2019m going to give up some money to have more time. At the end of the day YOU CAN\u2019T BUY MORE TIME.\u201d Jide on the HUSTLE: \u201cYou best believe I\u2019m going to get it done!\u201d When Jide decided to jump into the world of Real Estate he dropped 25K on a coaching program. It was one of the best decisions that he made. It forced him to LEARN, GROW and HUSTLE! ON PARTNERSHIPS: Jide is the happy, customer service orientated face of the company. \u201cThe people Person.\u201d Marvin is the \u201cstoic\u201d numbers guy\u2026 detached when it comes to decision making. A perfect combination! Jide and Marvin focus is primarily on Wholesaling. They focus on time vs. money and the wholesale/wholetail model gives them the returns they seek in both arenas. ON FOLLOW UP: Jide and Marvin have an AMAZING FOLLOW UP SYSTEMS! Listen in to find out their personal touch! Hint: it\u2019s all about finding out what the sellers favorite mode of communication is! ACTIONABLE STEP: Get Determined and Follow through. Network and and make relationships. Make a list of a hundred people that you know and use this script: \u201cAre you looking to sell a house in the next 6 months or do you know anyone that does.\u201d And the follow up again every 3 months!!!

WORDS TO LIVE BY: MARVIN: \u201cHow things start is how they finish.\u201d If there is a buyer who starts flaky then that is how the whole transaction JIDE: \u201cIntegrity.\u201d The REI community is small with a long memory. Treat people with integrity. WHERE TO FIND JIDE AND MARVIN: marvin@Marylandcashoffers.com jide@marylandcashoffers.com Thank you for listening!!! For more information on 7 Figure Flipping and House Flipping HQ please go to: www.7figureflipping.com www.houseflippingHQ.com



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