In this gripping episode of Porter VS Prada, Hosts Chris Porter and Prada Jones sit down with the exceptional Jon Steingraber from the A &E show ‘ 24hr Flip’. Steingraber is acclaimed as the fastest flipper in the world, whose expertise lies in the art of flipping houses in just 24 hours. With the efficiency-focused approach to real estate, the episode unveils how Jon and his wife Michelle (who is also on the show) manages to take out inefficiencies not only in the industry but across various other domains. From managing the order of operations to leveraging technology, Jon's insights provide a masterclass on turning real estate investments into lucrative ventures.
The podcast takes an emotional turn as Jon shares his personal journey and the pivotal role his mentor played in shaping his success. With gripping stories of family therapy and court testimonies, Jon delves into the significance of telling emotional stories from stage to connect with the audience and create a profound impact. The episode resonates with themes of forgiveness and gratitude, as Jon opens up about overcoming betrayal and proving his father wrong while setting an example of resilience and self-made success.
Moving on to the practical aspects of real estate, one will gain valuable knowledge about financing a successful real estate business. From raising private money to investing strategically, Jon, Lennie, Chris and Prada shed light on various techniques to build wealth and save money on taxes. The podcast wraps up with insightful discussions on passive income rental properties, ways to hedge against inflation, and the significance of homeownership.
Throughout the episode, the 80/20 rule serves as a guiding principle, showcasing how focusing on key aspects can lead to extraordinary results in the real estate realm.
Prada Jones | PradaJones.net | IG/pradajones | TikTok/discover/Prada-jones | FB/pradajones
Chris Porter | IG/ThisisChrisPorter | Tik Tok/@thisischrisporter | FB/cpomusic/
Summary List
Introducing Jon Steingraber, the fastest flipper in the world. | This guy is amazing. 1:42 | Taking out the inefficiencies in the industry. 4:37 | The validation of the numbers. 11:58 | How did Jon get into real estate? 14:30 | The importance of telling emotional stories. 17:15 | Family therapy and testifying in court. 22:57 | A reason to live. 26:09 | You can’t be a warning and an example at the same time. 36:16 | How did Chris meet Jon? 47:05 | It’s a business. 50:06 | How do you get financing for the business? 53:52 | Where does the money go? 1:00:11 | How much money do you have to buy a property? 1:04:08 | Focus on increasing income, not buying and holding. | The best way to build your business. 1:08:23 | How to hedge against inflation? 1:14:45 | It’s your hedge and your hedge is your hedge. 1:17:30 | The 80/20 rule.
This podcast has been produced and edited by Musso Media LLC. Theme Music Credits by Sam Barsh / Try Oh My Instrumental.
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