Interview with Jay Papasan, co-author of “The Millionaire Real Estate Investor” and “The ONE Thing: How To Get Started In Real Estate Investing”

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I had the pleasure of interviewing Jay Papasan, the vice president of publishing and executive editor at Keller Williams Realty, Inc.

Jay Papasan became a best-selling author in 2003 when the book he co-authored with Gary Keller and Dave Jenks The Millionaire Real Estate Agent  landed on BusinessWeek’s bestseller list. In 2005, the group co-authored their second bestseller: The Millionaire Real Estate Investor. Then, 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.

Jay Papasan’s latest book The ONE Thing, also co-authored with Gary Keller, released on April 1, 2013, and saw instant success when it debuted at #6 on the Wall Street Journal’s bestseller list and soon thereafter climbed to #1 on May 3, 2013. Since then, The ONE Thing has made more than 300 appearances on national bestseller lists and been translated into 24 languages.

It’s a great talk, and I know you’ll learn a lot from it.

Enjoy!

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.

Presentation Slides

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?

Book Recommendations

The ONE Thing by Jay Papasan and Gary Keller

The Millionaire Real Estate Investor by Jay Papasan and Gary Keller

Hold: How to Find, Buy, and Rent Houses for Wealth by Jay Papasan and Gary Keller

Related Links

How To Invest In Real Estate While Working A Full-Time Job – Mike Fuller

The Tech Employee’s Ultimate Guide to Getting Started in Real Estate Investing

Investors Therapy Episode #1: How to Become an Angel Investor with Yigit Ihlamur

What is the Silicon Valley Investors Club?

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