Dr. Marc Halpern and Ron Odom - Real Estate Investors
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“Stay laser-focused because obstacles are what you see when you take your eyes off your goals.” - Ron Odom
In this episode, my guests, Dr. Marc Halpern and Ron Odom discuss the significance of a good mindset and how personal performance can be improved. We highlight how even being held back does not exempt us from success.
Dr. Marc Halpern is the leading expert in industrial phase-transfer catalysis and the founder of PTC Organics Inc. dedicated exclusively to developing low-cost high-performance green chemistry using PTC. As a part-time real estate investor and trainer, Dr. Halpern innovated guidelines optimizing the mix of the primary real estate investment strategies: buy-fix-sell, buy-rent-hold, lease-option, and wholesaling. Dr. Halpern demonstrated the success and applicability of these guidelines to part-time real estate investing, including effective leverage of self-directed 401k and Roth 401k funds for high yield returns. Dr. Halpern co-authored the book “We Buy Houses, Sometimes!”
Since 1996, Ron Odom has invested in real estate. A diversified businessman, Ron has hands-on expertise and is a recognized authority in the areas of remodeling, buying, selling, leasing, and management of single-family homes. Ron’s latest project is financial literacy classes intertwined with creative methods for real estate acquisition and exit strategies for today’s youth. His goal is to educate young people ages 10 through 18 on one level; and ages 18 to 30 on another level.
Listen in as we discuss how visualizing desired outcomes and doing due diligence conservatively can help improve personal performance.
[00:01 - 10:48] Finding Your Passion and Pursuing it
- Finding passion in entrepreneurship and pursuing it
- The value of enjoying what you are doing rather than pursuing financial gain
- Pursue your passions to achieve success in life
[10:49 - 18:09] On the Way to Success Despite Hardships
- From successful careers to discovering true passion in the real estate industry
- The importance of being financially viable before starting a business
- Maintaining a positive attitude despite hardships
- Being conservative when it comes to investing, doing due diligence, and being patient
[18:10 - 30:40] What it Takes to Start a Business
- The way to maintain your lifestyle while also segueing into real estate investing
- Providing high-quality housing to attract good tenants and having long-term relationships
- Having a passion and being able to offer a good product or service
[30:41 - 33:56] “Educate, Motivate, and Inspire” Segment
- Education without action is just entertainment
- No deal is a perfect deal - learn as you go
- Stay laser-focused
- You are what you believe you are
[33:57 - 36:18] Wrapping Up!
- Connect with Dr. Marc and Ron
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- Links below
- Final announcements
Connect with Ron by checking out Campostella Properties LLC
Connect with Dr. Mark by checking out Part Time Investors LLC
Key Quotes
“If you’re really good at it and you have a passion for it…you have a viable business. And as an entrepreneur, go with what you know.” - Dr. Marc Halpern
“Education without action is just entertainment.” - Ron Odom
“You are what you believe you are… Whatever you believe, that is what happens.” - Dr. Marc Halpern
Let’s get connected!
Website: http://financial1st-aid.com
Email: Vmccoyesq@financial1st-aid.com
Facebook: https://www.facebook.com/Financial1st-Aid-108554114941620
LinkedIn: https://www.linkedin.com/in/vera-mccoy-62917967/
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