Category: Gkhouses

Common real estate investing mistake – quitting your day job

Matthew Whitaker - Tuesday, September 18, 2018

What’s up, everybody? Matthew Whitaker here.It’s late at night, and I just wanted to shoot a quick video. This video is called “Why I Would Not Quit My Day Job.”

Oh, let me get it straight. Oops. Sorry about that.

And one of the things I think a lot of real estate investors do incorrectly is they don’t have, like, a day job that allows them to invest and grow their rental house business. Also a lot of people wanna jump into, like, full-time real estate investing. And you can certainly do that, but you need to create a day job that creates income that allows you to do all your investing. That way you’re not having to eat out of your business.

Where I see a lot of people get in trouble is when they’re having to eat out of the cash flows of the business.

The business, something goes a little bit wrong, and then all of a sudden they kind of get off track.

So, what I would say is, don’t quit your day job. So, you know, work during the day, invest on the nights and weekends, or have something that’s creating income as a day job that allows you to invest without having to eat out of your rental properties particularly when you’re getting started.

That’s it. Thanks. Matthew Whitaker here.

I am a real estate agent, how much do i make for referring you a house to rent?

Matthew Whitaker - Tuesday, September 18, 2018

What’s up, real estate agents? Matthew Whitaker here.

Wanted to give you a heads up about something I’m really excited about.

We’re trying to improve our relationship with real estate agents. So, for right now, if you refer a house to us, and once we lease it, so, it’s maybe a house you can’t sell, or a client that you have that you know has rental properties, we will pay you $555 per house you refer us, once the house is leased. So, I think that’s pretty exciting. I think that’s way more than anybody else is paying in the market.

And I hope you’re as excited about it too. So, if you have a client that you don’t wanna lose, maybe they don’t have enough equity in their house, maybe you have a client that you’ve helped buy a bunch of rental property, I hope you’ll contact us and let us rent the house, manage the house, and then give the client back to you.

You make $555 when we lease that house.  Thanks so much. Matthew Whitaker with gkhouses.

What is it like to work for gkhouses?

Matthew Whitaker - Tuesday, September 18, 2018

What’s up, everybody? Matthew Whitaker here. I’m traveling today. I’m doing a video for all our prospective team members. Super excited about it.

What you need to know about working with us. So, I’m gonna give you the good, the bad, and the ugly about what it’s like to work with gkhouses.

One of the things and I think if you ask our team members they think is that there is more work than time to get things done. This is feedback that I’ve been getting for years from our team members. We always think we’re gonna get over the hump, and we just realize, hey, there’s just more work that needs to get done than there is time to do it in a day.

So, if you like to be somebody that buttons it up and wraps it up by the end of the day and leave with kind of everything off your plate, then gkhouses may not be the right place for you.

But if you love to have so much going on and a bunch of crazy things happening, and you love to be knocking out tons of work, then gkhouses is probably the right place for you. We have a high-performance expectation. In other words, we expect a lot out of our people. We don’t apologize for that.

I mean, we want some really high-performing people. You’ll be in a culture around a lot of people that are high-performing, so if you’re a high performer who likes to be around a lot of other high performers, and have a high expectation of yourself, then gkhouses may be the right place for you.

Team leaders. So, those of you that are applying for our team leaders. So, we have an operations to team leader, accounting to team leader job posting that we’re putting out there.

If you’re gonna be a team leader that works for us, you need to go run a market for us. Like, your tenure at gkhouses will be an absolute fail if you don’t ultimately go run a market for us. So, when you’re interviewing for this, please ask us a lot of questions about what that looks like.

We expect you to go run a market in about 24 months. So if you’re not doing that, then the work is gone for naught because we really need you to go run a market.

The last thing I would say is you are gonna learn more working here than at any other company. I mean, if you’re a team leader, you’re gonna learn about leading, how to lead people.

You’re gonna learn about growing a business. I think there’s so many things to learn about growing a business. You can do that on our dime. And the last thing is about being an entrepreneur.

We love entrepreneurs. We have a culture of entrepreneurship. We have a core value called entrepreneurial spirit that we really believe in. And so, this is just a little bit about working with us.

Hope you enjoyed the video.