I had the pleasure of interviewing Jay Papasan.
He is the vice president of publishing and executive editor at Keller Williams Realty, Inc. In 2003, with the release of The Millionaire Real Estate Agent, also co-authored by Gary Keller and Dave Jenks, Papasan became a best-selling author when the book landed on BusinessWeek’s bestseller list. In 2005, they co-authored their second bestseller, The Millionaire Real Estate Investor. After working on Rick Villani and Clay Davis’s best-selling book FLIP: How to Buy, Fix and Sell Houses for Profit in 2007, he co-authored Your First Home with Gary Keller and Dave Jenks in 2009.
His latest book, The ONE Thing, also co-authored with Gary Keller, came out April 1, 2013 and debuted at #6 on the Wall Street Journal bestseller list, soon climbing to #1 on May 3, 2013. Since then, it has made more than 300 appearances on national bestseller lists and has been translated into 24 languages.
It’s a great talk, and I know you’ll learn a lot from it.
Topics Covered In This Interview
Jay’s presentation will tap into in-depth research involving over 120 millionaire real estate investors and draw a straight path based on what they all have in common: The Millionaire Real Estate Investor. And we can organize using the principles of The ONE Thing—itself a 5-year research journey into the common approach found among top performers in investing, industry, athletics, and the arts.
Questions Asked After The Presentation
Several of us have small businesses we are running on the side while working a demanding job. What are the best leveraged activities for those of us with limited time?
My biggest hurdle in getting financing is due to near maxing out my monthly debt to income ratio (due to multiple mortgages). Any thoughts how how to get around this and continue to obtain financing while rates historically low?
As one’s real estate empire grows, overhead becomes an issue. Please give some tips on outsourcing. Do you have opinions on hiring personal assistants as employees/contractors versus outsourcing wholesale to management companies? How do real estate license requirements factor in for hiring PAs?
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