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Bill Lyons, a successful real estate entrepreneur. He is the founder and CEO of Revestor.com. Revestor is in the business of helping real estate investors find profitable properties to rent out as short and long term rentals. He also helps identify properties for quick profits.

Famous Five:

• Favorite Book? \u2013 Slash

• What CEO do you follow? \u2013\xa0 Tony Robbins
• Favorite online tool? \u2014 Rapportive
• Do you get 8 hours of sleep?\u2014 Yes
• If you could let your 20-year old self know one thing, what would it be? \u2013 \u201cThat when you get to your 30\u2019s, a week is like a day, a month is like a week and year is like a month and slow down. Do what you can today\u201d

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Time Stamped Show Notes:

• 01:48 \u2013 Nathan introduces Bill to the show
• 02:27 \u2013 Revestor started in 2012
• 02:37 \u2013 Revestor is now focused short-term Airbnb properties
• 03:08 \u2013 Bill is asking $ 250,000 for 10% in short-term properties
• 04:10 \u2013 Bill was in Shark Tank in November 2012
• • 04:25 \u2013 Bill got 15,000 users but never got over 1,000 paid users
  • 04:38 \u2013 Bill can\u2019t raise money after the show
• 05:02 \u2013 In 2013, Bill started a mortgage company
• • 05:06 \u2013 In 2014, Bill did $ 500,000 in revenue
  • 05:10 \u2013 In 2015, Bill did $ 1.7 million in revenue
  • 05:14 \u2013 2016, Bill is about to hit $ 5.5 million in revenue
• 05:34 \u2013 Bill has been investing for the past few months in Revestor
• 05:58 \u2013 Revestor did 0 revenue in 2016
• 06:10 \u2013 The subscription plans were not working so they refunded them
• 06:24 \u2013 Bill built a better platform to invest in Airbnb
• 06:33 \u2013 Revestor re-launches on November 1st of 2016
• 07:10 \u2013 Customers can see daily rent data in the website of Revestor
• • 07:20 \u2013 Revestor\u2019s main data source
  • 07:34 \u2013 Revestor is paying $ 6,000 a month for the API
• 08:25 \u2013 The properties in Revestor are for sale
• • 08:35 \u2013 The website will show you how you will earn when you purchase a property
• 09:22 \u2013 Users can enter their own interest rate in the website
• 10:00 \u2013 Revestor is pulling data from resources to come up with average daily rent
• 10:40 \u2013 \u201cYou\u2019re not going to get a good cash flow in San Diego on a long term basis\u201d
• 11:18 \u2013 They are working with a PR company
• 11:38 \u2013 Mortgage is Bill\u2019s passion
• 12:13 \u2013 Email list is 30,000
• 13:40 \u2013 Connect with Bill through his Instagram and website
• 15:20 \u2013 The Famous Five

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3 Key Points:

• Learn from your experiences. Don\u2019t let other people predict your business.
• Start from where you\u2019re good at. Things are far easier when you already know what to do.
• Do what you can today.

Resources Mentioned:

• Toptal\xa0\u2013 Nathan found his development team using Toptal\xa0 for his new business Send Later. He was able to keep 100% equity and didn\u2019t have to hire a co-founder due to quality of Toptal\xa0 developers.
• Host Gator\xa0\u2013 The site Nathan uses to buy his domain names and hosting for the cheapest price possible.
• Freshbooks\xa0\u2013 The site Nathan uses to manage his invoices and accounts.
• Leadpages\xa0 \u2013 The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
• Audible\xa0\u2013 Nathan uses Audible when he\u2019s driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.
• Assistant.to \u2013 The site Nathan uses to book meetings with one email.
• Acuity Scheduling \u2013 Nathan uses Acuity to schedule his podcast interviews and appointments.
• Drip \u2013 Nathan uses Drip\u2019s email automation platform and visual campaign builder to build his sales funnel.
• @bill_lyons \u2013 Bill\u2019s Instagram account
• Revestor.com\u2013 Bill\u2019s website
• Show Notes provided by Mallard Creatives