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The Science of Flipping

Scaling to 80 Franchises: The Power of Systems & Teamwork | Mark Stubler

07 Mar 2025

Transcription

Chapter 1: How can real estate entrepreneurs scale their business?

0.409 - 25.509 Mark Stubler

Still treating your real estate business as a side hustle? At Joe Homebuyer, we help real estate entrepreneurs scale to full-time with right strategies, training, and community. Join a winning community of go-givers. Get access to weekly strategy calls, leadership training, and industry expert masterclasses. Plus, we'll help you get more deals across the finish line and increase your profits.

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26.4 - 31.282 Mark Stubler

If you want to stop grinding and start growing, Joe Homebuyer is your competitive edge.

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32.602 - 50.389 Justin Colby

When you're endeavoring to go down anything that's important or that has potential lots of upside, the Joe Homebuyer franchise, this business, don't get into it because you see all these shiny numbers and all these exciting opportunities. I mean, sure, that's what attracts a lot of us.

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51.26 - 62.232 Justin Colby

But you've got to be committed to the journey, the process, everything that it can challenge you to become, the journey of growth, individual growth that it will require. If you're committed to that, then this is a great opportunity.

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63.988 - 84.926 Mark Stubler

The Science of Flipping family, welcome back to another episode. I'm super fired up about this. If you guys have ever read the book Traction, there's usually a visionary and there's an operator or an integrator. This franchise owner, Mark Stubler, and his partner are the epitome of exactly that, a visionary and an integrator and operator. And today, I have Joe Homebuyer.

85.306 - 86.427 Mark Stubler

Mark Stubler is in the house.

86.467 - 87.148 Justin Colby

What's up, brother?

87.448 - 87.988 Mark Stubler

What's happening?

88.188 - 89.71 Justin Colby

Dude, it's good to be here. Thanks for having us.

Chapter 2: What is the visionary-integrator dynamic?

410.002 - 432.386 Justin Colby

I refer to that whole thing as the sales process to optimize revenue. In the heart of that is the acquisition process, right? So when somebody buys a franchise, they're getting an operating system to optimize revenue and to know which habits, what activities are going to yield them the best results and optimize their efforts. So... how it compares to licensing or things that other coaches do.

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432.406 - 447.105 Justin Colby

I can't speak to that for sure, but I love the franchising model. For this reason, I like the partnership. For the franchisor to be successful, the franchisees have to be successful first. That's right. So our entire motivations are aligned in their success.

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447.165 - 455.271 Justin Colby

So our entire infrastructure is building a plan around their success so that they are ultimately bringing in revenue, thriving in their business, and then the franchisor succeeds.

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455.512 - 474.325 Mark Stubler

Funny that you do that, you know, and since we were talking just a little while ago. So I have a community called REI Live. I'm taking away the coaching model. The coaching model is the $10,000, $15,000, $20,000 coaching model. That's right. I'm saying, no, no, no, I want to partner with you. And I'm taking newbies who have no way of getting their first deal.

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474.385 - 486.074 Mark Stubler

Like, I don't want to say no way, but very seldom chance. Sure. And helping them create certainty, which creates the confidence so they don't just get their first deal, but they get their 10th deal. And they can say, hey, you should probably be Joe Homebuyer.

486.374 - 487.194 Justin Colby

Become a franchise.

487.254 - 500.818 Mark Stubler

That's right. And it's because when the alignment of the coach slash leader or the franchisor, right, that alignment and everyone fighting for the same thing creates the actual result that everyone's looking for.

500.978 - 501.398 Justin Colby

That's right.

502.219 - 509.521 Mark Stubler

So talk to me about your franchisees in the sense of what are the marketing strategies you guys lean on to create those leads?

Chapter 3: Why is having a COO important for business operations?

2338.857 - 2339.057 Narrator

Yeah.

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2339.278 - 2355.016 Justin Colby

And on the flip side, we have people that come with wholesaling experience and they come to learn the flipping and the renovation side as well as, you know, want to have a system to then take down some rentals. So I love the dynamic three. I've never coined it that way, but that's very much our approach as well.

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2355.852 - 2368.916 Mark Stubler

I think it should be the only approach, frankly. You know, and a lot of our mutual friends are wholesale, wholesale, wholesale. And I go, I get it. But really, you don't need credit to raise money. You don't need, you know what I mean? I understand it de-risks everything.

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2369.356 - 2379.678 Mark Stubler

But you also need to teach them, like, if they have something they want to fix and flip, and they just so happen to have a couple bucks, like, if that's the best decision for that property, right? What is the best potential of the asset?

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2379.919 - 2381.339 Justin Colby

That's, I love that question.

2381.439 - 2388.403 Mark Stubler

And that's what you want to be able to teach them. That's what you want to guide them to. Because, We fix and flip. We buy and hold. We wholesale.

2388.804 - 2389.144 Justin Colby

That's right.

2389.244 - 2394.631 Mark Stubler

So why do we want to limit the people that we're trying to help to just stick to one bucket, right?

2394.651 - 2418.123 Justin Colby

One thing that I like to highlight here about Joe Homebuyers, Cody and I, We're still in the game. So we didn't just used to do wholesaling. We didn't have that experience at one point. Or worse, we're not a CEO of a franchise system that's never actually done wholesaling, rehabbing. And I mean, we have active rehabs going on right now. And I highlight that because...

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