In this insightful podcast episode, Rich Rice welcomes Andy Teasley, a creative finance expert and California native. Andy's expertise lies in mobile homes, or as he affectionately calls them, 'wobbly boxes.' Delve into Andy's transition from stick-built homes to mobile homes, his resilient strategies during the 2008 market crash, and his journey through various entrepreneurial ventures, including a successful holiday decorating business, Carnival Business and Restaurant.

Discover Andy's involvement in exchanging, influenced by mentors like Jimmy Napier, and his commitment to continuous learning, drawing inspiration from Pete Fortunato's unique educational approach. The conversation touches on valuable insights about financial calculators, the perception of time, and the significance of owning one's mistakes.

Explore the impact of reputation in real estate, lessons from past financial decisions, and the positive effects of community growth in the real estate market. Learn about upcoming Zoom classes on financial calculators and mobile home flipping, success stories from Andy's students, and the effectiveness of weekly exchange meetings.

Join the discussion on the evolution of exchange meetings, from catering to beginners to attracting seasoned investors. Rich expresses gratitude for the impact of these meetings in creating a platform for diverse investors. Don't miss out on this seasoned conversation about real estate, entrepreneurship, and the power of continuous learning.

00:25 : Meet Andy Teasley: California Native & Finance Wizard
05:26 : Buying Houses in Southern California for $12-14,000 in 2009-2010
11:46 : The Catalyst of His Mobile Home Business
13:19 : Dad teaching Him a Drive for Ownership
21:28 : Involvement in Exchange Meeting
22:30 : Always Be Learning: Regular Participation in Real Estate Classes
25:11 : Reflection on the Value of Criticism from Pete Fortunato
32:33 : Don't sell properties prematurely for short-term gains
40:22 : If you win every offer, you're offering too much 
41:30 : Obtain a Level of Comradery: Be Genuine 
46:19 : Free weekly "What If" newsletter
57:30 : Most Active Club in SoCal!

👉 Visit IEREIC.org for events, resources, and membership details.

🎉 Don't Miss Out on Your Real Estate Journey—Subscribe and share this episode with those who want to transform their life and financial situation.🎉

Follow us on: ⬇️
Instagram: https://www.instagram.com/firechatpodcast
TikTok: https://www.tiktok.com/@firecenterhq
Youtube: https://www.youtube.com/@firecenterhq

Learn how to become a real estate investor or find more allies at: https://www.firecenterhq.com

Looking for better deals?
Check out the #1 lead generation app @ https://dealmachine.IEREIC.org

"FIREchat" is hosted by Rich Rice. As the founder of the FIRE Center, Rich's dedication to community building and knowledge-sharing has created a haven for those eager to learn and better themselves. However, his journey to success wasn't a straight line. Overcoming significant personal, financial, and career challenges - he eventually found his calling in real estate coaching. Now, he's committed to guiding others on their path to success, showing it's possible to rebuild and thrive; especially when dreams become plans and plans become actions!

Excited to be on our podcast next? Secure your spot now! 👉🎙️ https://www.firechatpodcast.com