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I was talking to him about the platform and talking to him about our vision. And how do you get very specific to who your avatar is.
Then once that avatar comes in, what type of avatar are they? And then the more part of the Four More, we let you tell our listeners where they can connect with you and learn more about you guys and your business. Question number one of the Four More, what was your very first or very worst job? But I learned about work ethic and how to answer your phone, and I really grew my customer service skills and my managing skills, which are very shitty. I was on the delivery side where they would deliver to the stores and the restaurants and all that stuff. I meant sales guys, and sorry about that but- Elliot:The route guys started at 1:00 in the morning, and so, yeah, I worked 70 hours a week managing guys. When I was in management for them, it was terrible. First job, I was what they call here in Oregon, a petroleum transfer expert, so, i. It was customer service oriented and it was just a good first stepping stool into the world of working. For the second one, Tucker, you take it first, Elliot, you take it second. What is the best piece of advice that you have for small business owners or entrepreneurs that you have not shared with us yet today? One thing my partner told me, he would always say after something happened is what have you done for me today? And it always has stuck for me, what are you doing today to move your business forward? J:I absolutely love both of those two pieces of advice. Tell us your favorite book out there that we should all be reading. Maybe one that not everybody has already read or heard of. My favorite book, I said it every time, How To Win Friends And Influence People. And after reading that book, it just really clicked a lot of the things that I had previously thought.
Tucker, first on this one, and this is my favorite fun question. But I have a fun money account that I trade stocks in it. I went and bought a brand new 2021 Ford F-150 Lariat with my fun money and traded my truck in. My wife was supposed to be the one getting the car next. Got the price right around the 50,000, 52,000 dollar mark. Both of those answers are probably a couple of my favorite answers to that question. Let our listeners know where they can connect with you, learn more about cash money loans you, and learn more about Call Magic or anything else you want to talk about. The early episodes where me, the most recent episodes are Elliott.
You can also find me on the usual suspects, Facebook, Instagram.
Anybody guaranteed loan no credit check that wants to hire you guys, callmagicleads. J:These are the kind of guys I like having on the show. It was an absolute pleasure hearing all about these amazing things you have in the works. It was awesome to have both Tucker and Elliot together.
They are truly a dynamic duo and I think they played off of each other really well. I specifically loved how it sounds like that the two of them along with Cole never specifically outlined that they were just going to go above and beyond to help people to do the right thing, to really become invested in their businesses in their success. And that has really been absolutely crucial in driving their business forward.
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A very prominent business author we all know and love.
He is the founder of a company called Fund That Flip. And Matt has been a friend and a colleague of mine since he asked me to join the Fund That Flip board of advisors back in 2015 when he started the company. And from the inside, see the need payday loan phenomenal growth of his company over the past five years. And during the first half of the episode, Matt talks all about how he conceived of the company, how he built it, and how he grew it.
So make sure you listen for the second half of this discussion where Matt walks through his five stages of growth and make sure you start employing it in your business today.
Now if you want more information about Matt, about Fund That Flip, or about anything else we talk about on the show, please check out our show notes at biggerpockets. Carol Scott:Matt, we are so excited you are here today. We have so been looking forward to chatting with you more about Fund That Flip. Matt Rodak:Yeah, so we are a short term lender that specializes in bridge loans, hard money loans, private money loans, depending on how you want to define it specifically focused on one to four family properties with a nationwide aspiration and currently about in 19 States, primarily on the East Coast of the United States.
So we provide six to 18 month term loans for people that are guaranteed loan no credit check flipping houses. So people that are doing ground up construction, people that are buying homes, fixing them up, and then tenanting them to build out the rental portfolio. So we really specialize in providing that bridge financing to get the stabilization.
So we work with publicly traded REIT, we work with an insurance company, we work with some hedge funds. And the reason for that really is for our borrowers through this one point of contact on that flip, you get access to a very diverse and broad array of capital. So if unemployment loan you paper really well and your deals right down the fairway, we can get you into the REIT money which is going to be the best program for that. What led you down the path to starting this company?
Matt Rodak:Yeah, so my story goes all the way back to high school actually.
So I had a small landscaping business in high school and for whatever reason, I ended up doing a lot of landscaping work for people like you guys, real estate investor.
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So got to see the inside of these homes and even the outside of the homes and over time watched how they went from this property that was really depressing the neighborhood and bringing down the value of the other homes, turn into one of the nicer homes on the blocks. I ended up taking a corporate job with a large fortune 500 company, an insurance company that also insured other fortune 500 companies. They had a middle market group that was a step down from fortune 500 companies and I got started with them as what was called a production underwriter. So it was one part business development, and one part looking at risk and underwriting risk and pricing risk and structuring relatively complex insurance programs. This company was interesting because they were mostly engineers. So get a personal loan today their whole thesis was engineer risk out of loss and help customers save money and help the business save money. But what that resulted in was not a lot of business people in the business. And because fast online payday loans of that, I think I figured out what we had and we had a really good product and I became really good at selling it. So within, I think, 18 months of starting that job, I was leading the company on a global basis, a new business production enough, so that I got the attention of some of the people that were running the company and they called me up and asked me two questions. And two, do you think you could teach the rest of the company how to do that? So had an opportunity at a pretty young age to move out to Rhode Island, which is where the company was headquartered and worked very closely with the senior executives of that middle market company and institutionalize the sales and marketing function.
So that was my job built CRM guaranteed loan no credit check systems, we built training, we built new websites, I got to really get my hands dirty, in the technology world, really as an SME and business expert. And I like to say it was my mini MBA where I learned a ton. So I started putting a plan in place to exit corporate America. And through payday loans spartanburg sc that experience, I learned of the hard money lending space or the private money lending space.
He had, no joke, an eight page paper application without an email address to send it to only a fax number.
This whole industry around lending money to people that are investing in real estate is broken.
At the same time and separate guaranteed loan no credit check from all this, I was doing peer-to-peer investing on, again, pretty early to the game of Prosper and Lending Clubs.
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