Jon and Amy Nolen are a dynamic couple with extensive experience in the world of real estate investing. Together, they have navigated the challenges of full-time real estate investing while raising three active children. In this episode, Jon and Amy share why they believe it’s good to follow shiny objects and how it can help you grow as an entrepreneur.
Listen to this episode to learn how Jon and Amy are using their experience as investors to innovate the real estate investing industry through the software they’re developing!
Key Talking Points of the Episode
[00:00] Introduction
[00:35] Who are Jon and Amy Nolen
[01:33] What is Jon’s advice to real estate investors today?
[03:00] What was the main reason we wanted to have time freedom?
[04:36] What makes a plane a good investment?
[06:45] How did Jon and Amy transition from pharmaceuticals to real estate investing?
[07:56] Why did Jon and Amy decide to get into software development?
[10:30] “How should we handle the mistakes we’re making?
[14:19] How do Jon and Amy interact with each other in business?
[16:02] What makes their relationship different at work and at home?
[17:35] What is it like for Jon and Amy to be in business together?
[19:07] How did Jon and Amy make their business relationship work?
[21:00] What is it like to have time freedom from real estate investing?
[25:30] Why is it important to surround yourself with like-minded people?
[27:10] Why did Jon and Amy decide to get into multifamily investing?
[30:52] What is Amy’s advice to young entrepreneurs?
[33:01] What is the importance of calculating the risk and reward for every idea?
[34:07] What can Jon and Amy’s software help real estate investors with?
[35:37] How can their software make real estate investor’s life easier?
[36:37] How do Jon and Amy build relationships with their bankers?
[39:04] Why is it important to believe in yourself?
[40:48] How can you connect with Jon and Amy?
Quotables
“You get ideas, you take them, you roll with them. Sometimes they work, sometimes they won’t — you have to weigh the risk and decide where to go.”
“You can’t chase after any shining objects. Now if you’re chasing every single one you’ll going to be all over the place.”
“Communicate good news fast communicate bad news faster.”
Links
Facebook: Jon Nolen
https://www.facebook.com/theFlippingITGuy/
Facebook: Amy Nolen
https://www.facebook.com/amynolenre/
Instagram: theflippingitguy
https://www.instagram.com/theflippingitguy/?hl=en
Instagram: Amy Nolen
https://www.instagram.com/amynolenrealtor/?hl=en
Software: PETE
https://www.thepete.io/
FREE Giveaway: Uncontested Investing Giveaway
Uncontested Investing Giveaway! (typeform.com)
Website: RCN Capital
https://www.rcncapital.com/podcast
Website: REI INK
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