BiggerPockets Podcast 224: Building a Process to Buy 17 Deals a Week with Chris Clothier

by | BiggerPockets.com

What does it take to buy 17 deals a week? What if we told you it was the exact same process needed to buy just one deal per year? That’s the topic on today’s show, where we sit down with Chris Clothier to talk about how his company is buying up to 17 deals a week following the same process any investor can to get their own deals. Chris also shares keen insight into building up a thriving business, hiring your first or next employee, why he decided to run a 100-mile ultra-marathon, and much more. Whether you are looking to buy one deal a year or one deal a day, this show will have a tremendous impact on your life! 

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We just waRealtySharesnted to give a shout out to our podcast sponsor on today’s show: RealtyShares. RealtyShares is a crowdfunding platform that allows you to invest in professionally managed properties without leaving your living room!

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In This Episode We Cover:

  • A quick recap on who Chris is
  • How he started a turnkey company that now boasts 1,800 clients
  • Tips for building the infrastructure of a business
  • Why you should hire people
  • The details on his process for offering on deals
  • How Chris finds deals
  • Thoughts on buying houses through social media
  • A step-by-step guide on how to actually find and close a deal
  • His ultra-marathon story (and how this relates to real estate)
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “I’m not a businessman; I’m a business man.” (Tweet This!)
  • “There’s no better advice that I can give somebody than to be honest and upfront.” (Tweet This!)
  • “Personal relationships are going to help you earn in your business.” (Tweet This!)
  • “Any investor should be able to find a deal that makes sense in any city during any market, up or down.” (Tweet This!)
  • “A good passive investments allows you to sleep well at night.” (Tweet This!)

Connect with Chris

Show Preview

About Author

Thanks for checking out the BiggerPockets Real Estate Investing & Wealth Building Podcast. Hosts Joshua Dorkin & Brandon Turner strive to bring top-notch educational content and interviews to our listeners -- without the non-stop pitch prevalent around the industry. With over 1500,000 listeners per show, the BiggerPockets Podcast has become the biggest real estate podcast in the world. But don’t take our word for it. We’re the top-rated and reviewed real estate show on iTunes — check it out, read the reviews on iTunes, and get busy listening and learning!

7 Comments

  1. Kim Stofan

    I’m such a fan of Chris Clothier and am happy to say that I am one of his 1800 customers. When I set out to find a turn key property I choose the provider first and location second. The customer service I have received has been top notch and I have peace of mind knowing that the property management is doing a great job with my properties. I also met Chris at a networking event and found him to so genuine and kind. I loved this podcast and definitely learned some good tips how I can grow my business in the future. Thanks!

    • Jonna Weber

      Chris – such solid advice, as always. As I strive to systemize my business more each day, I look to examples like you and Memphis Invest to see what is possible. I cannot wait to hear how the race goes/went!!

  2. Nathan G.

    Although I do not have any interest in building an empire, Chris provides great insight for all of us. I loved learning about his ultramarathon and that he hired a coach. My greatest take away: keep the important stuff in front of you at all times. I’m getting a white board!

  3. Vince Beusan

    @Chris Clothier great take aways from your Podcast on the ultra marathon, and how you can take the same level of commitment, perseverance into your real estate business & never quit. We had met years back at an OCREA in Orange County, CA, where you were a guest speaker. Very inspirational journey with your business success, congratulations.

    Also, love that if you had 1yr off, you wish to live on a boat in the Adriatic Croatian coast. I’m Croatian, and have a home also in Dubrovnik, it’s a beautiful 12th century country and I know you will love visiting if and when you do.

    Best,
    Vince

  4. Jolene Blazey

    My favorite answer to “what do you think sets apart successful investors from those who fail or never get started!” Hands down! Right on! Reminds me of one of my favorite quotes, “winners never quit and quitters never win!”

    I could listen to Chris all day, He dropped value bombs left and right.

    Thank you!

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