<description> &lt;h2&gt;Today's Guest: Chris Logan&lt;/h2&gt; &lt;p&gt;&lt;span style="font-weight: 400;"&gt;I am excited to have my friend and fellow investor, Chris, on the show today! He is a super smart investor that is passionate about teaching people how to invest outside of their home market.&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;h2&gt;Highlights From The Show:&lt;/h2&gt; &lt;p&gt;&lt;span style="font-weight: 400;"&gt;We start the interview as we always do by getting some of Chris’ background and how he got started in real estate investing. He was introduced to real estate (like so many others) by reading &lt;/span&gt;&lt;a href="https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194"&gt;Rich Dad Poor Dad&lt;/a&gt;&lt;span style="font-weight: 400;"&gt; and then signed up for an investing course with his wife, Heather. They began their business by wholesaling properties and Chris said during that time they tried fix and flipping, but that strategy did not appeal to them. They built their wholesaling business into a 7 figure business and wanted to focus on the one thing that they were really good at.&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;span style="font-weight: 400;"&gt;We then discuss &lt;strong&gt;wholesaling in markets&lt;/strong&gt; other than where one lives, which is what Chris primarily does. He said when he is picking a new market, he looks at the population and median home prices. I asked him what specifically he is looking at regarding the population and he said they look for a population between 250,000 and 500,000 people because you know that many houses will be bought and sold and also that it is an area that people want to be in. Chris also recommends using the power of &lt;em&gt;local Facebook groups&lt;/em&gt; to build your buyers list and network.&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;span style="font-weight: 400;"&gt;Make sure you don’t miss another amazing episode of the &lt;/span&gt;&lt;span style="font-weight: 400;"&gt;Just Start Real Estate Podcast&lt;/span&gt;&lt;span style="font-weight: 400;"&gt; with &lt;/span&gt;Chris Logan &lt;span style="font-weight: 400;"&gt;to learn the ins and outs of virtual wholesaling!&lt;/span&gt;&lt;/p&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;h2&gt;Notable Quotes:&lt;/h2&gt; &lt;p&gt;&lt;span style="font-weight: 400;"&gt;“You are just going to drop value, I know it.”&lt;/span&gt;&lt;/p&gt; &lt;ul&gt; &lt;li style="font-weight: 400;"&gt;&lt;span style="font-weight: 400;"&gt;Mike Simmons&lt;/span&gt;&lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;span style="font-weight: 400;"&gt;“&lt;/span&gt;&lt;span style="font-weight: 400;"&gt;Rich Dad Poor Dad&lt;/span&gt;&lt;span style="font-weight: 400;"&gt; is like the gateway drug for real estate investing.”&lt;/span&gt;&lt;/p&gt; &lt;ul&gt; &lt;li style="font-weight: 400;"&gt;&lt;span style="font-weight: 400;"&gt;Mike Simmons&lt;/span&gt;&lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;span style="font-weight: 400;"&gt;“Flipping is more of a construction business and wholesaling is a sales and marketing business.”&lt;/span&gt;&lt;/p&gt; &lt;ul&gt; &lt;li style="font-weight: 400;"&gt;&lt;span style="font-weight: 400;"&gt;Chris Logan&lt;/span&gt;&lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;span style="font-weight: 400;"&gt;“I am not the biggest fan of flipping, either. I get burned out with the contractor situation.”&lt;/span&gt;&lt;/p&gt; &lt;ul&gt; &lt;li style="font-weight: 400;"&gt;&lt;span style="font-weight: 400;"&gt;Mike Simmons&lt;/span&gt;&lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;span style="font-weight: 400;"&gt;“It is not like you take a wholesaling course and then money starts falling from the sky.”&lt;/span&gt;&lt;/p&gt; &lt;ul&gt; &lt;li style="font-weight: 400;"&gt;&lt;span style="font-weight: 400;"&gt;Chris Logan&lt;/span&gt;&lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;span style="font-weight: 400;"&gt;“We don’t start investing in a market because we want to be there - we follow the money.”&lt;/span&gt;&lt;/p&gt; &lt;ul&gt; &lt;li style="font-weight: 400;"&gt;&lt;span style="font-weight: 400;"&gt;Chris Logan&lt;/span&gt;&lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;span style="font-weight: 400;"&gt;“I like starting in an area where I have a runway to scale.”&lt;/span&gt;&lt;/p&gt; &lt;ul&gt; &lt;li style="font-weight: 400;"&gt;&lt;span style="font-weight: 400;"&gt;Chris Logan&lt;/span&gt;&lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;span style="font-weight: 400;"&gt;“I think you should build your buyers list before you market for sellers, especially if you are a brand new investor.”&lt;/span&gt;&lt;/p&gt; &lt;ul&gt; &lt;li style="font-weight: 400;"&gt;&lt;span style="font-weight: 400;"&gt;Chris Logan&lt;/span&gt;&lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;span style="font-weight: 400;"&gt;“Massive and perfect action is what you want to focus on.”&lt;/span&gt;&lt;/p&gt; &lt;ul&gt; &lt;li style="font-weight: 400;"&gt;&lt;span style="font-weight: 400;"&gt;Chris Logan&lt;/span&gt;&lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;span style="font-weight: 400;"&gt;“Our mentality is ‘keep it small, keep it all.’”&lt;/span&gt;&lt;/p&gt; &lt;ul&gt; &lt;li style="font-weight: 400;"&gt;&lt;span style="font-weight: 400;"&gt;Chris Logan&lt;/span&gt;&lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;span style="font-weight: 400;"&gt;“Let’s do deals together!”&lt;/span&gt;&lt;/p&gt; &lt;ul&gt; &lt;li style="font-weight: 400;"&gt;&lt;span style="font-weight: 400;"&gt;Chris Logan&lt;/span&gt;&lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;span style="font-weight: 400;"&gt;“Massive action is the cure for most things.”&lt;/span&gt;&lt;/p&gt; &lt;ul&gt; &lt;li style="font-weight: 400;"&gt;&lt;span style="font-weight: 400;"&gt;Mike Simmons&lt;/span&gt;&lt;/li&gt; &lt;/ul&gt; &lt;h2&gt;&amp;nbsp;&lt;/h2&gt; &lt;h2&gt;Thank You for Listening!&lt;/h2&gt; &lt;ul&gt; &lt;li style="font-weight: 400;"&gt;&lt;span style="font-weight: 400;"&gt;Connect with Mike on&lt;/span&gt; &lt;a href="https://twitter.com/MikeSSimmons"&gt;&lt;span style="font-weight: 400;"&gt;Twitter&lt;/span&gt;&lt;/a&gt;&lt;span style="font-weight: 400;"&gt;, &lt;/span&gt;&lt;a href="https://www.instagram.com/mikessimmons/"&gt;&lt;span style="font-weight: 400;"&gt;Instagram&lt;/span&gt;&lt;/a&gt;&lt;span style="font-weight: 400;"&gt;, &lt;/span&gt;&lt;a href="https://www.youtube.com/channel/UCOpvyr4oBoR01UE2XJSqXfw"&gt;&lt;span style="font-weight: 400;"&gt;YouTube&lt;/span&gt;&lt;/a&gt;&lt;span style="font-weight: 400;"&gt;, &lt;/span&gt;&lt;a href="https://www.linkedin.com/in/mikessimmons/"&gt;&lt;span style="font-weight: 400;"&gt;Linkedin&lt;/span&gt;&lt;/a&gt;&lt;span style="font-weight: 400;"&gt;, &lt;/span&gt;&lt;a href="https://business.facebook.com/JustStartMindset/"&gt;&lt;span style="font-weight: 400;"&gt;Facebook&lt;/span&gt;&lt;/a&gt;&lt;/li&gt; &lt;/ul&gt; &lt;h2&gt;&amp;nbsp;&lt;/h2&gt; &lt;h2&gt;Help Out the Show:&lt;/h2&gt; &lt;ul&gt; &lt;li style="font-weight: 400;"&gt;&lt;span style="font-weight: 400;"&gt;Leave an honest review on &lt;/span&gt;&lt;a href="https://podcasts.apple.com/us/podcast/just-start-real-estate-with-mike-simmons/id732855311"&gt;&lt;span style="font-weight: 400;"&gt;iTunes&lt;/span&gt;&lt;/a&gt;&lt;span style="font-weight: 400;"&gt;. Your ratings and reviews really help, and I read each one.&lt;/span&gt;&lt;/li&gt; &lt;li style="font-weight: 400;"&gt;&lt;span style="font-weight: 400;"&gt;Subscribe on &lt;/span&gt;&lt;a href="https://podcasts.apple.com/us/podcast/just-start-real-estate-with-mike-simmons/id732855311"&gt;&lt;span style="font-weight: 400;"&gt;iTunes&lt;/span&gt;&lt;/a&gt;&lt;span style="font-weight: 400;"&gt;.&lt;/span&gt;&lt;/li&gt; &lt;/ul&gt; &lt;h2&gt;&amp;nbsp;&lt;/h2&gt; &lt;h2&gt;Resources and Links From Today's Show:&lt;/h2&gt; &lt;p&gt;&lt;a href="https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194"&gt;&lt;span style="font-weight: 400;"&gt;Rich Dad Poor Dad&lt;/span&gt;&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.amazon.com/ONE-Thing-Surprisingly-Extraordinary-Results/dp/1885167776"&gt;&lt;span style="font-weight: 400;"&gt;The ONE Thing&lt;/span&gt;&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://mailchimp.com/"&gt;&lt;span style="font-weight: 400;"&gt;Mailchimp&lt;/span&gt;&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.aweber.com/"&gt;&lt;span style="font-weight: 400;"&gt;Aweber&lt;/span&gt;&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.propstream.com/"&gt;&lt;span style="font-weight: 400;"&gt;PropStream&lt;/span&gt;&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.facebook.com/clogan777"&gt;&lt;span style="font-weight: 400;"&gt;Chris on Facebook&lt;/span&gt;&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.facebook.com/groups/1161464917883550"&gt;&lt;span style="font-weight: 400;"&gt;Virtual Wholesaling Made Simple&lt;/span&gt;&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.facebook.com/MikeSSimmons1"&gt;&lt;span style="font-weight: 400;"&gt;Mike on Facebook&lt;/span&gt;&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;h2&gt;More Resources From Mike:&lt;/h2&gt; &lt;ul&gt; &lt;li style="font-weight: 400;"&gt;&lt;a href="https://mikesimmons.com/"&gt;&lt;span style="font-weight: 400;"&gt;Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months&lt;/span&gt;&lt;/a&gt;&lt;/li&gt; &lt;li style="font-weight: 400;"&gt;&lt;a href="https://app.kajabi.com/admin/podcasts/episodes/2147753214/mikesimmons.com/winningdirectmail"&gt;&lt;span style="font-weight: 400;"&gt;WINNING DIRECT MAIL &lt;/span&gt;&lt;/a&gt;&lt;span style="font-weight: 400;"&gt;- How to CRUSH IT with direct mail!&lt;/span&gt;&lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&lt;br&gt;&lt;br style="font-weight: 400;"&gt;&lt;/p&gt; </description>

Investor Cheat Code Podcast with Mike Simmons

Inspiring interviews with today's most successful real estate investors!

Virtual Wholesaling Made Simple with Chris Logan

JUL 10, 202336 MIN
Investor Cheat Code Podcast with Mike Simmons

Virtual Wholesaling Made Simple with Chris Logan

JUL 10, 202336 MIN

Description

Today's Guest: Chris Logan

I am excited to have my friend and fellow investor, Chris, on the show today! He is a super smart investor that is passionate about teaching people how to invest outside of their home market.

 

Highlights From The Show:

We start the interview as we always do by getting some of Chris’ background and how he got started in real estate investing. He was introduced to real estate (like so many others) by reading Rich Dad Poor Dad and then signed up for an investing course with his wife, Heather. They began their business by wholesaling properties and Chris said during that time they tried fix and flipping, but that strategy did not appeal to them. They built their wholesaling business into a 7 figure business and wanted to focus on the one thing that they were really good at.

 

We then discuss wholesaling in markets other than where one lives, which is what Chris primarily does. He said when he is picking a new market, he looks at the population and median home prices. I asked him what specifically he is looking at regarding the population and he said they look for a population between 250,000 and 500,000 people because you know that many houses will be bought and sold and also that it is an area that people want to be in. Chris also recommends using the power of local Facebook groups to build your buyers list and network.

 

Make sure you don’t miss another amazing episode of the Just Start Real Estate Podcast with Chris Logan to learn the ins and outs of virtual wholesaling!

 

Notable Quotes:

“You are just going to drop value, I know it.”

  • Mike Simmons

 

“Rich Dad Poor Dad is like the gateway drug for real estate investing.”

  • Mike Simmons

 

“Flipping is more of a construction business and wholesaling is a sales and marketing business.”

  • Chris Logan

 

“I am not the biggest fan of flipping, either. I get burned out with the contractor situation.”

  • Mike Simmons

 

“It is not like you take a wholesaling course and then money starts falling from the sky.”

  • Chris Logan

 

“We don’t start investing in a market because we want to be there - we follow the money.”

  • Chris Logan

 

“I like starting in an area where I have a runway to scale.”

  • Chris Logan

 

“I think you should build your buyers list before you market for sellers, especially if you are a brand new investor.”

  • Chris Logan

 

“Massive and perfect action is what you want to focus on.”

  • Chris Logan

 

“Our mentality is ‘keep it small, keep it all.’”

  • Chris Logan

 

“Let’s do deals together!”

  • Chris Logan

 

“Massive action is the cure for most things.”

  • Mike Simmons

 

Thank You for Listening!

 

Help Out the Show:

  • Leave an honest review on iTunes. Your ratings and reviews really help, and I read each one.
  • Subscribe on iTunes.

 

Resources and Links From Today's Show:

Rich Dad Poor Dad

The ONE Thing

Mailchimp

Aweber

PropStream

Chris on Facebook

Virtual Wholesaling Made Simple

Mike on Facebook

 

More Resources From Mike: