The Adventures of a Real Estate Investor

AREI 78 : How To Hire Great Employees with Tim McGarvey

August 23, 2022 Michael & Suzy Season 2 Episode 78
The Adventures of a Real Estate Investor
AREI 78 : How To Hire Great Employees with Tim McGarvey
Show Notes

 You’re swamped with work and ready to hire someone to help you get things done. That’s great! A new hire can elevate your business, but only if you find the right match for your company.
 
 And if you ask any employing supervisor or selection representative and they will let you know that there is no safeguard recipe for tracking down the ideal applicant. Each job is unique, most candidate won't have each characteristic you're searching for, and at times you're feeling the squeeze to fill an opening utilizing a restricted talent pool.
 
 Great news, in this episode  Tim McGarvey shares his system on how they were able to hire great employees. Come join us and listen in!

Tim owns and operates an out-of-state real estate wholesaling and investment business generating six figures in monthly revenue. He has a background in project management for commercial construction in Silicon Valley. He quit his 9-5 job that paid $200,000+ per year in 2022 to pursue real estate full-time. 
 
Tim is an expert at building systems, processes, and teams. He built his real estate businesses also while working a demanding full time job. In addition to wholesaling, he also actively invests in buy-and-hold rentals in North Carolina. Prior to real estate, Tim managed the construction of campus buildings for premier tech clients in CA - Apple, Intuit, AirBNB, Juul Labs. 

 In this episode you will learn: 

[00:01 - 00:29] 
• We welcome Tim McGarvey  to the show.  

[00:30 - 03:27] 
• Tim McGarvey 's brief background of him and how he started in real estate investing and were currently he is.
 
[03:29 - 04:38] 
• How running online ads helped him begin on his real estate investing journey?
 
[04:39 - 06:05]
• His employees and there roles and how each of them plays an important part to succeed?
 
[06:06 - 09:50]
• What made him decide to hire? His hiring process and his first employee. Defining there roles when he started out.
 
[09:51 - 17:11]
• The volume of deals there doing per month and Tim's perspective on the current situation of the market and what he sees on institutional?
 
 [17:44 - 21:41]
 • Why wholesaling out of all the strategies?
 
 [21:58 - 23:38]
 • His preparation and timeline to transition all the active income now into passive income?
  
[24:05 - 29:44]
• Asking Tim McGarvey the Adventurous Four •Closing Segment
 

Tweetable Quotes: 

 "A healthy balance of Get your education up understand what you're getting into, but also go out and talk to people and, see who you're comfortable investing with, who your philosophy aligns with and, try to navigate that, as evenly as you can of education talking to people. "
-Tim McGarvey
 
 Connect with Tim McGarvey
 
 @tim_mcgarvey
www.venture-stack.com
tim@venture-stack.com
https://www.instagram.com/tim_mcgarvey
 
Until next time…

Explore more. Adventure awaits. 

 Please subscribe and leave an honest review  - how do you want to create an impact in your world?

  • Check out Adventurous REI and our social media channels: Facebook, Instagram, and LinkedIn.
  • Michael on LinkedIn
  • Suzy on LinkedIn   
  • Invest with us! Start here. 
  • GRAB A FREE copy of The Complete Guide to Generating Passive Income for Avid Travelers & Adventure Seekers