Losing Everything Made Him $80M/Year

Losing Everything Made Him $80M/Year

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What does it take to start a $80 million-a-year real estate business? Marc Rousso of JayMarc Homes knows the answer first-hand, and he shares how to start a real estate company with huge profit potential in this video.

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JayMarc Homes wasn’t Marc’s first business. He’s started from scratch twice. His first business was a DJ company that he grew and sold. He invested the profits from that sale into real estate and realized he has a passion for buying and selling properties. This experience paved the way to starting a construction business. Twelve years later, it’s grown to a phenomenal level.

Not only did Marc build a real estate company startup from scratch, he did it in the middle of a real estate recession. He’ll share what challenges he faced growing a business in that economic climate and how he overcame them. Raising capital is another common obstacle when starting a real estate management company, and we’ll hear how Marc managed his finances early on to achieve smart, consistent growth.

The team Marc built for his business was another big part of his success. He’s created an entrepreneurial culture in his company, and he’ll discuss how he instills that in his team and why that helps JayMarc Homes succeed. We’ll also learn what servant leadership means, why it’s an effective approach, and how to achieve it in a business in any industry.

If you’re considering a small business in construction or real estate, you’ll definitely want to hear Marc’s advice before you take that leap! And make sure to check out our other interviews with business owners in the construction industry:

You Won’t Believe His Construction Business Profit Margins ►
https://www.youtube.com/watch?v=wuqVb9B58CE

How She Sells Sheds and Makes $45K/Month ►
https://www.youtube.com/watch?v=mOOyIem0RCY

Resources
https://www.jaymarchomes.com/ - Find out more about JayMarc Homes on their website
https://www.upflip.com/blog/how-to-invest-in-real-estate - Tips on the right way to invest in real estate on the UpFlip blog
https://www.upflip.com/podcast - Hear interviews and advice from business owners and experts on the UpFlip podcast

Timestamps:
00:00 - START
00:49 - Meeting Marc
02:49 - Touring house to be demolished
03:35 - Why demolish properties?
04:38 - Tools and systems
05:26 - Demolishing the house
06:31 - New build job site
07:24 - Challenges of starting the business
10:18 - Tour of new home
12:35 - Visiting JayMarc offices
13:36 - Real estate cycles
15:35 - Goal setting and the manifestation
17:23 - Fan blitz
18:17 - Lessons from failure
19:22 - Marketing his homes
21:18 - Choosing a niche
22:18 - Time to profitability
23:12 - Average revenue
24:20 - Growing revenue
24:58 - Finding investors
25:34 - Necessary skills
27:07 - Employees and hiring
27:53 - Finding properties
29:20 - Company culture
31:24 - New home design process
32:26 - Custom home design process
33:23 - Goals for growth
35:24 - Awards
37:03 - Webinar series
38:58 - Outro

#realestate #realestateinvesting #realestatebusiness


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