Properties to Profits

By: Michael Smith
  • Summary

  • Michael Smith, the CEO of Oasis Home Buyers, has rapidly grown his Columbus, Ohio-based wholesaling business to impressive heights. With monthly revenues topping $400K, Michael’s scaled his wholesaling and flipping business from 6 figures to 7 figures in less than two years. For the first time ever, he’s giving you a front row seat to follow his journey from 7 figures to 8 figures and beyond!
    Copyright 2024 All rights reserved.
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Episodes
  • EP 54: Inside My Dispositions Strategy: The 200-Deal Blueprint:
    Dec 25 2024

    In this episode of the Properties to Profits Podcast, I take a deep dive into one of the most frequently asked questions I get: How do we efficiently dispose of deals? Whether you’re a seasoned investor or just starting out in real estate, this episode is packed with actionable insights on how to handle your dispo process with precision and strategy.

    I walk you through the unique methods we use to secure buyers, avoid backdoor deals, and maximize profits on every transaction. You’ll hear about why building strong relationships with buyers and agents is critical, how to analyze market comps effectively, and why having a flexible strategy for deal disposal sets you apart. From first contact to final sale, this is a roadmap for success in moving properties.

    Timeline Summary

    [0:00] - Introduction

    [0:36] - Introduction to the dispo process and the importance of protecting your deals.

    [1:12] - Why texting local buyers is our go-to starting point for dispo.

    [2:17] - Using Facebook groups and personal calls to vet real buyers.

    [3:30] - Identifying flip comps using tools like Zillow and PropStream.

    [4:29] - Building relationships with agents and leveraging their networks.

    [5:46] - Decision-making strategies: renegotiate, list, or walk away.

    [6:09] - Final tips for closing deals and scaling your real estate business.

    3 Key Takeaways from This Episode:

    1. Build Relationships to Avoid Backdoor Deals

    Establish strong connections with your buyers and agents to ensure trust and loyalty. Vet buyers carefully through direct communication and prioritize those who have successfully worked with you in the past.

    2. Leverage Market Insights for Strategic Targeting

    Use tools like PropStream and Zillow to analyze recent comps and identify potential buyers, such as those involved in flipping properties. This targeted approach helps connect you with the right buyers for specific deals.

    3. Be Flexible in Your Dispo Strategy

    Have a backup plan if initial buyer outreach doesn’t yield results. This might include renegotiating with the seller, listing the property, or finding off-market buyers through creative means like calling local landlords. Adaptability is key to closing deals efficiently.

    Thank you for tuning in! If you enjoyed this episode, please take a moment to subscribe, rate, and review the podcast. Don’t forget to share it with others in your network who are eager to turn properties into profits. Follow me on Instagram at @RealEstateMike02 for more tips and behind-the-scenes content. See you next time!

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    6 mins
  • EP 53: Why Quick Decisions Could Be Holding You Back
    Dec 23 2024

    In this episode of Properties to Profits, we dive into the art and importance of making thoughtful decisions, especially in high-pressure situations. I share personal stories about past decisions made on impulse and the valuable lessons they taught me about pausing, reflecting, and seeking trusted guidance. You’ll hear about practical frameworks to process emotions and make better choices, ensuring your decisions align with your long-term goals. Whether it’s about relationships, career changes, or major life events, this episode provides actionable advice on how to make decisions with clarity and confidence.

    Key Takeaways

    1.Pause Before Reacting: Quick decisions often stem from fight-or-flight instincts and may not serve your best interests.

    2.Process Emotions: Understand your emotions before making a decision—anger, for instance, is often a secondary reaction to deeper feelings.

    3.Leverage Trusted Advisors: Seek guidance from mentors, therapists, or trusted individuals who can provide objective perspectives.

    4.Take Time for Big Choices: Give yourself 48–72 hours to think through significant decisions to ensure they align with your long-term goals.

    5.Build Your Support Network Early: Cultivate relationships with trusted people before you face challenges to have reliable support when you need it.

    6.Self-Care First: You can’t make sound decisions or help others effectively if you haven’t addressed your own needs and mindset.

    Episode Highlights

    [0:00] - Intro

    [0:37] - Introduction to today’s topic: The impact of quick decisions and their ripple effects.

    [1:02] - A personal story about a major life decision and what I learned from it.

    [2:16] - The importance of processing emotions before making life-altering choices.

    [3:32] - Why taking 48–72 hours before committing to big decisions can save you from regret.

    [4:49] - The value of having trusted advisors, therapists, and mentors in your corner.

    [5:29] - Building relationships with trusted individuals before you need their help.

    [5:41] - How others can guide you through challenging decisions and reduce friction in life.

    Closing Thoughts

    Thanks for tuning in! If you enjoyed this episode, please subscribe, share it with your network, and leave a review. Remember, decisions shape your journey—make them wisely! See you next time as we keep turning properties into profits.

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    6 mins
  • EP 52: What It Really Takes to Earn Equity in My Company
    Dec 18 2024

    In this episode of Properties to Profits, I dive into a question I’ve been asked repeatedly: Would I give up equity in my company? Sharing from personal experience, I break down why giving up equity is one of the hardest decisions to make as a business owner. I outline the circumstances where it has failed me in the past and, more importantly, the rare cases where it’s worked.

    I also share practical advice for those seeking equity—what it really takes to earn it, how long it can take, and why proven results are the only thing that matters. Whether you’re an ambitious young professional or a seasoned executive, this episode will help you understand the true value of equity, the risks involved, and the mindset you need to succeed. Tune in to hear what it takes to stand out and why equity isn’t given—it’s earned.

    Episode Highlights:

    [0:00] - Introduction

    [0:36] - Why giving up equity has often backfired for me in the past.

    [1:15] - The two instances where giving equity actually worked—and why.

    [2:30] - The truth about earning equity: baseless promises vs. proven track records.

    [4:09] - What it takes to deserve equity: showing up, delivering results, and exceeding expectations.

    [5:12] - The critical role of alignment in core values and goals when sharing equity.

    [8:14] - Advice to younger professionals: prove yourself over 5+ years and build a resume that demands equity.

    [9:30] - My vision for the future: scaling to $100M+ and why equity will drive success.

    Key Takeaways:

    1.Equity is Earned, Not Given – To earn equity, you need to deliver consistent, proven results over years. It’s about actions, not promises. If you can’t show a track record, don’t expect equity.

    2.Alignment Matters – Sharing equity only works when there’s alignment on core values, work ethic, and long-term goals. Without that, conflict will follow.

    3.Future Upside Requires Risk – Equity means trading short-term compensation for future gains. It’s not guaranteed, but for top performers, it can lead to massive opportunities in the long run.

    If you enjoyed this episode, don’t forget to subscribe, rate, and share Properties to Profit with your network. Follow me on social media for more insights on building a profitable real estate business. Let’s keep turning properties into profits!

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    11 mins

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