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Transcript
Introduction and Personal Journey
00:00:03
Speaker
Welcome to the Solarpreneur Podcast where we teach you to take your solar business to the next level.
00:00:08
Speaker
My name is Taylor Armstrong.
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Speaker
I went from $50 in my bank account and struggling for groceries to closing 150 deals in a year and cracking the code on why sales reps fell.
00:00:19
Speaker
I teach you to avoid the mistakes I made and bring in the top solar dogs of the industry to let you in on the secrets of generating more leads, falling up like a pro and closing more deals.
00:00:31
Speaker
What is a solopreneur, you might ask?
00:00:33
Speaker
A solopreneur is a new breed of solopro that is willing to do whatever it takes to achieve mastery, and you are about to become one.
00:00:43
Speaker
What's going on, solopreneurs?
00:00:44
Speaker
Taylor Armstrong here.
00:00:45
Speaker
Today, I have got a special announcement I wanted to share with everybody.
Engagement and Consistency
00:00:50
Speaker
But before that, as usual, welcome to the podcast.
00:00:53
Speaker
We are here to help you close more deals, generate more leads and referrals, and have a much better time in the solar industry.
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Speaker
Thank you in advance for sharing the podcast.
00:01:02
Speaker
We're coming at you every Tuesday and Friday, trying to be as consistent as possible and appreciate anyone that has shared or left a review.
00:01:11
Speaker
And wanted to make an ask, if you have not had the chance to go on to Apple or Spotify, leave us a little rating.
00:01:17
Speaker
That would be appreciated.
00:01:19
Speaker
And as always, sharing the podcast.
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Speaker
That's how we get the content in front of more content.
00:01:24
Speaker
solopreneurs and more solar professionals like yourself.
00:01:29
Speaker
So appreciate that.
00:01:30
Speaker
And we're going to jump straight into the announcement I have.
Personal Real Estate Endeavors
00:01:34
Speaker
And because I'm actually recording this, it's the night before a door to door con.
00:01:38
Speaker
It's it.
00:01:39
Speaker
It is currently at 1130pm at night.
00:01:44
Speaker
And so I procrastinated this, but most important thing is I'm showing up and I want you to take from that too.
00:01:51
Speaker
Sometimes we procrastinate, sometimes it's easy to give up, but if I've learned anything, keep doing solar and really just anything in life, if you show up, the results are going to come.
00:02:02
Speaker
So I did not want to do a podcast, if I'm being honest, tonight.
00:02:06
Speaker
I wanted to just go to bed, crash, going to be up early, going to door-to-door con in the morning, but I'm
00:02:11
Speaker
I thought, hey, I got to bring the content, got to stay consistent.
00:02:15
Speaker
And plus, I have a cool announcement that I want to share with everybody.
00:02:18
Speaker
So let's jump into it.
00:02:19
Speaker
Hopefully, I kept you on your toes long enough.
00:02:21
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And so the announcement is this.
00:02:23
Speaker
I'm actually in the process of buying a house and it's pretty nerve wracking.
00:02:28
Speaker
A lot of thoughts going through my head.
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Speaker
I never thought I would be buying a home in California, San Diego of all places.
00:02:35
Speaker
But we're going through the process.
00:02:36
Speaker
We're in escrow right now.
00:02:38
Speaker
We're supposed to close on this house in the next about 15 days at the time of this recording.
00:02:44
Speaker
So maybe we'll already be in it when you are listening to the podcast.
00:02:48
Speaker
But hoping everything should go through at this point.
00:02:51
Speaker
Knock on wood.
00:02:51
Speaker
But yeah, just a lot of thoughts going on with it and just wanted to share a little bit of my experience with that.
00:02:59
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This is actually my second home.
00:03:01
Speaker
We do have an investment property in St.
00:03:03
Speaker
George, Utah that we're using as an Airbnb, but this is the first time I have bought a house for myself.
00:03:10
Speaker
And especially in California, I'm
00:03:12
Speaker
Those of you that have been in California, you've seen the home prices, they're insane.
00:03:16
Speaker
So in my head, I was like, I'm always just going to rent or get out of California eventually.
00:03:20
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It's just, I don't know, homes are ridiculous out here, not big properties and all the things we tell ourselves.
00:03:27
Speaker
But what changed for me was I actually was on Brody Fawcett's.
00:03:32
Speaker
He had a real estate summit that he did.
00:03:36
Speaker
And he brought on a bunch of different people to talk about real estate, just investing and Airbnbs and finances, everything about it.
00:03:44
Speaker
And as I was listening to this, he had a few people come on and talk about house hacking, which if you're not familiar with that, that's where you...
00:03:51
Speaker
buy a home and you either rent out rooms in it.
00:03:54
Speaker
I know a lot of guys do that like near college campuses, single dudes, they'll buy a house and then they'll live in it and then rent it out to like six roommates, covers the mortgage for it.
00:04:05
Speaker
And they live in for free basically.
00:04:08
Speaker
And in this in Brody's summit that he did, he had people on Adam Webb was another guy that talked about this, but just how he was able to get a house without really needing to pay much monthly because he was having other people pay his rent or pay his mortgage.
House Hacking Insights
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And so I started thinking about this.
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I'm like, I wonder if this could be done in our situation.
00:04:30
Speaker
Homes out here are super expensive in California, but can it be done?
00:04:35
Speaker
So we started doing some digging.
00:04:37
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We started looking into things a little bit more.
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And the biggest, I guess, takeaways that I got from this is really you just have to look because you'll never know if you don't start looking.
00:04:48
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And so we got our real estate guy.
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We got some lenders we started talking to.
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And we're like, hey, is it possible?
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Could we get a place where we could rent out part of it and have it cover a lot of the mortgage because we don't want to be paying a ridiculous mortgage?
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And we didn't hear back.
00:05:03
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They were looking for a while.
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And then about four or five, I don't know, maybe four months ago, we found this property, had this awesome deck, had a hot tub on it.
00:05:13
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And then most importantly, it had like a little ADU, a little additional dwelling unit that we could rent out.
00:05:20
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And we're like, wow, this looks awesome.
00:05:22
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So we put in an offer.
00:05:24
Speaker
We hear back like, I don't know, a couple of weeks later and they're like, hey, you guys didn't get this.
00:05:29
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They took a cash offer.
00:05:30
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So I go, okay, back to the drawing board.
00:05:32
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And then we're just like, okay, maybe it's not meant to be.
00:05:35
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We're getting other options sent to us, but nothing really looked that great.
00:05:39
Speaker
And then finally, like a couple of weeks after that, we get an email and then it says, hey, that house that we had found originally, the cash offer that they put in fell through and it's back on the market.
00:05:53
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So if you guys want it, it's yours.
00:05:54
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So we're like, oh, heck yeah, let's do it.
00:05:56
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And so we put in the offer, got to accept it this time when we're in escrow right now.
00:06:01
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So and as you can imagine, I'm no like this is our first home.
00:06:06
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I'm just sharing my experience on how things went.
00:06:08
Speaker
But the key takeaways that if any of you that are listening to this podcast today, if you have thought about buying a house or if you're thinking more about getting into real estate, then what I want you to take away more than anything is just start looking.
00:06:22
Speaker
Find yourself a real estate agent and
00:06:24
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And if you join groups like Brody Fawcett, he has his real estate investing school.
00:06:29
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There's a lot of other groups where you can find like solid realtors, people to help you find options.
00:06:35
Speaker
Then there's a lot of stuff available that you probably weren't thinking of because up until this point, everything we were doing, my wife and I, we were just getting on Zillow, looking at places and like, man, there's like
00:06:45
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Hundreds of homes listed.
00:06:47
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A lot of these are older homes.
00:06:49
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It's too overwhelming.
00:06:51
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We're never going to get in a house.
00:06:52
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We got two kids.
00:06:53
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And so currently we're just in a two bedroom apartment here in San Diego.
00:06:57
Speaker
So what really opened this up is just getting a little team like real estate.
00:07:02
Speaker
You don't have to pay a real estate agent anything like they're doing all this for free.
00:07:06
Speaker
Right.
00:07:06
Speaker
And so we were just getting listings sent to us.
00:07:08
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We just tell them what we wanted, what we're looking for.
00:07:11
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And then same thing with the lenders.
00:07:12
Speaker
So my suggestion is talk to a real estate agent and talk to some lenders and they can help you get started in your real estate journey.
00:07:21
Speaker
Hopefully, if you are a solopreneur, you are also interested in investing in real estate, which I think is a great investing opportunity, right?
00:07:29
Speaker
I know the market's high, but it's always impossible to time the market, right?
00:07:33
Speaker
And so if you have ever thought about real estate, get yourself a real estate agent, talk to some lenders.
00:07:39
Speaker
It's not that hard.
00:07:40
Speaker
If I can do it, anyone can do it.
00:07:42
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Talk to a real estate guy.
00:07:44
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But it was definitely easier than we thought.
00:07:46
Speaker
And then what we're doing with the property we found, we're going to rent out
00:07:50
Speaker
We're actually adding two bedrooms into the ADU right now.
00:07:53
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It's just kind of like a studio apartment.
00:07:54
Speaker
So we're adding two bedrooms in it.
00:07:56
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We're going to Airbnb it.
00:07:58
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And I will update everyone when that gets rolling.
00:08:02
Speaker
Obviously, we're not in the house yet.
00:08:03
Speaker
When that gets rolling, I'm definitely going to update people on how that's going.
00:08:07
Speaker
We're hoping that it's going to cover a good chunk of the mortgage and go well.
00:08:11
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But yeah, we're going to try an Airbnb it.
00:08:14
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If that doesn't go as well as we're hoping, then we can always fall back and just do a long-term rental with it.
00:08:20
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But that's how we got a house in California.
00:08:23
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And for us, that's what made it worth it is because we're like, okay, if we can pay not that much more than we're paying for an apartment and live in a house and be able to have a lot of our mortgage covered by doing this little house hack strategy, then why not, right?
00:08:38
Speaker
And so something that might be worth looking into and just a little announcement that I was excited about that I wanted to share with
00:08:45
Speaker
all of you who I consider my friends and loyal listeners.
00:08:48
Speaker
So thank you again for listening to the podcast.
Upcoming Guest and Offerings
00:08:51
Speaker
And then that being said, next episode, we're going to have the real estate master himself, Brody Fawcett is going to come on the show and he's going to share a lot more of this.
00:08:59
Speaker
You're going to hear me ask about some of the stuff we're thinking of doing in the house that we're purchasing.
00:09:05
Speaker
And then he's going to talk about just how important it is and how you can strategize investing in real estate and different options you have around that.
00:09:13
Speaker
So it was a fire podcast.
00:09:15
Speaker
You're not going to want to miss out.
00:09:16
Speaker
So if you are at all interested in investing in real estate, make sure you tune in to next episode.
00:09:22
Speaker
Thank you for listening to this one, even though maybe I sound half asleep and I'm recording this almost midnight, but wanted to still bring something.
00:09:31
Speaker
And as usual, let me know if you have any suggestions or what you think of content like this.
00:09:36
Speaker
And we will see you guys on the next episode.
00:09:38
Speaker
Keep closing deals.
00:09:39
Speaker
Keep serving people.
00:09:40
Speaker
Keep selling the sun.
00:09:42
Speaker
See you on the next one.
00:09:44
Speaker
Hey, solopreneurs.
00:09:45
Speaker
Are you sick and tired of spinning your wheels every month and not seeing your sales increase?
00:09:50
Speaker
Well, so was I. And the truth is I was never able to improve it until I figured out what was going wrong.
00:09:56
Speaker
So that's why I'm excited to announce for a limited time.
00:09:59
Speaker
We are doing a free sales diagnostic.
00:10:02
Speaker
We'll break down your sales process, figure out the holes in your business and see how we can help you improve.
00:10:09
Speaker
So at now we have six bucks for this month.
00:10:12
Speaker
So book a call now.
00:10:13
Speaker
Don't miss out.
00:10:15
Speaker
What you're going to do is send an email to taylor at solarpreneurs.com.
00:10:20
Speaker
That's taylor at solarpreneurs with an S dot com.
00:10:24
Speaker
I'll send you out a calendar link and we will figure out the time that works best.
00:10:28
Speaker
So shoot that email and let's increase your sales.