{"id":45681,"date":"2013-07-11T00:04:34","date_gmt":"2013-07-11T06:04:34","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=45681"},"modified":"2023-04-10T19:08:43","modified_gmt":"2023-04-11T01:08:43","slug":"2013-07-11-bp-podcast-real-estate-business-scalable-clothier","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/2013-07-11-bp-podcast-real-estate-business-scalable-clothier","title":{"rendered":"Building a Scalable Real Estate Business and Tenant Management Tips with Chris Clothier"},"content":{"rendered":"<p>Successful real estate investing involves a lot more than just tenants, toilets, and trouble. Successful investors have learned to manage their investing like a business and not a hobby by creating systems to scale their efforts and build wealth faster and more securely. To get a better idea on just how to do this, on the show today we talk with real estate pro <strong>Chris Clothier<\/strong> of Memphis Invest, who shares his story and his view on how to start working <em>on<\/em> your business and not <em>in<\/em> your business. If you are looking to take your investing to the next level while maintaining more control &#8211; don&#8217;t miss this episode. Chris also has some awesome tips on getting your properties rented quicker and dealing with difficult tenants so be sure to take notes!<\/p>\n<p><a href=\"https:\/\/www.biggerpockets.com\/bpp26-chris-clothier-podcast-transcript-real-estate-business-management\" target=\"_blank\">Read the transcript to episode 26 with Chris Clothier here<\/a>.<\/p>\n<h2>Listen to The Show on iTunes (Preferred Method!)<\/h2>\n<p><a href=\"https:\/\/itunes.apple.com\/us\/podcast\/biggerpockets-podcast-real\/id594419649\" target=\"_blank\" rel=\"noopener\">Click here<\/a> to listen on iTunes.<\/p>\n<h2>Listen to the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" src=\"https:\/\/playlist.megaphone.fm\/?e=BIGPOC5412633889\" width=\"100%\" height=\"200\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<h2>In Today&#8217;s Show, We Cover<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-thumbnail wp-image-43638\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2013\/05\/BiggerPockets-Podcast-_-Real-Estate-Investing-and-Wealth-Building-9.42.11-AM1-150x150.jpg\" alt=\"BiggerPockets Podcast _ Real Estate Investing and Wealth Building 9.42.11 AM\" width=\"150\" height=\"150\" title=\"\"><\/p>\n<ul>\n<li><strong>Student housing<\/strong>: a good idea or a bad idea?<\/li>\n<li>When <strong>NOT<\/strong> to use <strong>partnerships<\/strong> &#8211; and the perfect kind of partner.<\/li>\n<li>What comes first: hiring <strong>employees<\/strong> or ramping up your <strong>marketing<\/strong>.<\/li>\n<li>What true marketing really is&#8230; and why it <strong>costs nothing<\/strong>.<\/li>\n<li>Tips for <strong>outsourcing<\/strong> parts of your business that don&#8217;t excite you.<\/li>\n<li>Why Chris didn&#8217;t use a formal <strong>business plan<\/strong> but you probably should.<\/li>\n<li>How to <strong>hire people<\/strong> and guarantee you can always pay their salary.<\/li>\n<li>Chris&#8217; unique &#8220;game&#8221; for <strong>filling vacant units<\/strong>.<\/li>\n<li>The one tenant trait that is an <strong>automatic denial<\/strong>.<\/li>\n<li>Specific questions to <strong>ask a property manager<\/strong> before hiring them.<\/li>\n<\/ul>\n<h2>Links from Today&#8217;s Show:<\/h2>\n<p><a href=\"\/renewsblog\/2013\/03\/14\/hard-money-lending-ann-bellamy\/\" target=\"_blank\">BP Podcast 009: Using Hard Money Lenders to Grow Your Business with Ann Bellamy<\/a><br \/>\n<a href=\"https:\/\/www.biggerpockets.com\/alerts\" target=\"_blank\">Keyword alerts<\/a><br \/>\n<a title=\"Do You Feel Like You Are Drowning In Your Business? Start Outsourcing!\" href=\"\/renewsblog\/2013\/07\/09\/drowning-business-start-outsourcing\/\" target=\"_blank\">Do You Feel Like You Are Drowning In Your Business? Start Outsourcing!<\/a><\/p>\n<h2>Books Mentioned in the Show<\/h2>\n<p><a href=\"http:\/\/amzn.to\/2a1pGW9\" target=\"_blank\" rel=\"noopener\">Make it Big <\/a>by Frank McKinney<br \/>\n<a href=\"http:\/\/amzn.to\/2a00fdn\" target=\"_blank\" rel=\"noopener\">Rework<\/a> by Jason Fried and David Heinemeier Hansson<\/p>\n<h2>Tweetable Topics<\/h2>\n<blockquote><p>&#8220;The best marketing you could ever do is simply talking to other people.&#8221; (<a href=\"http:\/\/clicktotweet.com\/Xmb1Y\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p><\/blockquote>\n<blockquote><p>&#8220;If you are going to start a business&#8230; why not go all in?&#8221; (<a href=\"http:\/\/clicktotweet.com\/G0s5K\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p><\/blockquote>\n<blockquote><p>&#8220;To scale your business, you gotta bring in the highest quality people.&#8221; (<a href=\"http:\/\/clicktotweet.com\/z0WP7\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p><\/blockquote>\n<blockquote><p>&#8220;Surround yourself with people who believe in your vision and are up for the challenge.&#8221; (<a href=\"http:\/\/clicktotweet.com\/fGdF7\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p><\/blockquote>\n<blockquote><p>&#8220;Don&#8217;t be scared to share in the wealth of what you are doing.&#8221; (<a href=\"http:\/\/clicktotweet.com\/53ebA\" target=\"_blank\" rel=\"noopener noreferrer\">Tweet This!<\/a>)<\/p><\/blockquote>\n<h2>Connect with Chris<\/h2>\n<p>Chris&#8217; Company Website <a href=\"http:\/\/www.memphisinvest.com\" target=\"_blank\" rel=\"noopener\">MemphisInvest.com<\/a><br \/>\nChris&#8217; <a href=\"https:\/\/www.biggerpockets.com\/users\/memphisinvest\" target=\"_blank\">BiggerPockets Profile<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Successful real estate investing involves a lot more than just tenants, toilets, and trouble. Successful investors have learned to manage their investing like a business and not a hobby by [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":119693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-45681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-biggerpockets-podcast"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/45681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/17340"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=45681"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/45681\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/119693"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=45681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=45681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=45681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}