Building a Deal Funnel Out of State While Active Duty with Doug Spence

Episode: 165

Doug Spence

Join your host David Pere and Alex Felice in this episode with guest Doug Spence as they talk about Doug's platform, Honor and Equity LLC, and how it works to help members, veterans, and their families get into the real estate space and discover the type of financial freedom they deserve.

Doug is a lover of the BRRRR method. Here, he shares about a deal funnel that they utilize to source off-market leads in Oklahoma and the story of how they pursued a property in the very sought-after market of San Diego right in the middle of a pandemic.

In this episode, David, Alex, and Doug discuss dream properties, how masterminds work, their thoughts on blogging and writing about real estate investing, and so much more.

About Doug Spence:

Doug Spence, the founder of Honor and Equity LLC, currently lives in San Diego with his wife, Cait, and parrot, Ruby. Born and raised in Houston, Texas. Attended Baylor University for undergrad and obtained MBA from the University of Florida. Active Duty Navy officer since 2009. Purchased first property in 2016. Joined Gobundance in 2021.

 

Outline of the episode:

• [03:05] Is Alex intimidating or not?
• [05:47] Deal funnel for off-market leads in Oklahoma
• [10:00] Alex Felice – on his goal for Military Millionaire
• [15:19] A deal from 2017 that Alex is not happy about in terms of numbers
• [19:49] David Pere – thoughts on Gobundance
• [24:01] About Doug's dream property in San Diego
• [30:52] The plan is to stay in the navy and REI on the side
• [35:15] Blogging and YouTube-ing is so much work!
• [39:55] Running a blog is a credibility machine
• [45:47] The direction Doug is taking in 2022

 

Resources:

Website:              https://honorandequity.com/

Instagram:          https://www.instagram.com/honorandequity/?hl=en

Email:                    admin@honorandequity.com

Follow The Military Millionaire Podcast's journey on:

 

Website:              https://www.frommilitarytomillionaire.com/

YouTube:             https://www.youtube.com/c/Frommilitarytomillionaire/

Facebook:           https://www.facebook.com/groups/1735593999901619/

Instagram:          https://www.instagram.com/frommilitarytomillionaire/

 

Become A War Room Mastermind Group Member:

https://military-millionaire-academy.teachable.com/p/the-war-room

 

Grab your book copy of The No B.S. Guide to Military Life - How to Build Wealth, Get Promoted, and Achieve Greatness, Book by David Pere:

https://www.amazon.com/B-S-Guide-Military-Life-greatness/dp/1736753010

 

From Zero to One: Real Estate Investing for Beginners:

https://military-millionaire-academy.teachable.com/p/from-zero-to-one-real-estate-investing-101

 

Grab hold of your 2-Week FREE Trial of Propstream Now:

https://trial.propstreampro.com/militarytomillionaire/

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Recommended books and tools: https://www.frommilitarytomillionaire.com/kit/

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My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!

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