Ryan Overcash
@cashrulesNC
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Quit Biopharma Consulting July 2023 | Real Estate Broker | $2.3mil First Year Sales | Goal $20mil year | Golf and Fitness Freak🏴
Raleigh, NC
Joined April 2011
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This 22 yo dude on tik tok has owned a Subway for 7 weeks and gives a weekly breakdown of his numbers. Pulling for dude. Probably doesn’t realize it but he’s going to be so rich in 10 years
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@ChrisChavez
@E_HOLT_THE_BOLT
I’ll sponsor 3 dates for him this year😂 and I’m serious. I love people chasing the dream
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@irentdumpsters
If you’re going to give money to a friend give it to them with the expectation you’ll never get it back and don’t tie your relationship to it. They should pay you the amount plus interest imo if they’re a good friend
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@ContrarianSaver
He doesn’t want to be rich? Please tell me how you came to that conclusion lol
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@LegionHoops
@JaredWeissNBA
He reminds me of this character from Key and Peele for some reason
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@veehgmz
The hardest part of starting is the beginning. You usually have low deal flow, limited resources, and have to build everything from scratch in addition to little support from others. Get through that and you’re better off than most
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@N8RealEstate
Because realtors don’t have skin in the game on deals (I’m a realtor). I try to operate like the money in the deal is mine.
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$49,999,999 house for sale in Highlands, NC.
14,540 sqft on 40 acres😱 Don’t know that it’s worth the price but the views are insane!
No HOA😂
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A few things I know are true:
1) I want to build a top 1% real estate business in Raleigh. I think I’ll be top 10% end of this year.
2) I don’t want to show houses forever. I’m going to dedicate my development this year to learn as much as I can about AI.
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@maryannbaldwin
I’m going to keep it real with you chief as one of Raleigh’s biggest advocates, downtown SUCKS now. Even as a 30 year old there is almost no appeal to be on Fayetteville St. I do like the Warehouse District tho
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@sweatystartup
How’s working 30 hour a week going? Has that goal shifted since the acquisition?
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@FigueroaTravel
This is exactly my sentiment! This is all about what he’s going to learn and less about the franchise. He’ll pivot to something bigger
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@SactoGeoff
The one thing I always learn from these posts is how little grasp of reality the “know it alls” have. They do not understand the amount of hand holding many need in real estate transactions
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@shawngorham
Friends business gives preferred returns of 8% to investor and he lends out at 11.5% plus 1-2 points. Has two part time assistants
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Had my first viral tweet yesterday, and WOW people are negative. Brings me back to 2 principles I have to remind myself of:
1) Don’t listen to people on the internet
2) Simply being likeable can lead you to a baseline level of success in life
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I never host open houses but I made an exception for my parent’s😁 I’ll follow up on this a little later but market is WEIRD right now.
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@BrettDeas
I used to be a daily listener and BP has been garbage for years now. They try to get too cute with their podcast
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@NewsLambert
Nice homes in good areas selling quickly still. Outskirt areas and small towns slower but still favors sellers
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@Cackalacman
I think if you use the divot tool incorrectly it’s actually worse for the green than doing it this way
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My business, hobbies, and personal life are very congruent right now. Would be hard for me to ever go back to a normal job. And feels like I’m just getting started!
I’ve got a full schedule and it hardly feels like work. Can take off any day of the week to make some golf
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So realtor commission wants buyers and sellers to fill out a compensation form for EVERY showing????????
@nardotrealtor
you’re crushing it! Nothing like having consumers sign the same document a billion times. I’m about ready to just charge buyers by the hour
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Getting LASIK Eye Surgery next week for $4,000. Probably could find cheaper but this was the most recommended person.
This might be the best business model I’ve ever encountered. One service and they perform 12-18 per day. Looks like they had 10-15 office staff.
Guessing
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@ChrisUnits
I don’t really think it’s just younger people. The govt pushes the message that you deserve what everyone else has whether you contribute or not. What could go wrong?
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@Indus_Guy
@maxfisherRE
As someone that has a Model 3 I agree. People think it’s an expensive car but you can buy one for $30k right now pretty easily
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Completed the
@myfirstmilpod
#myfirstmuscle
challenge🥵
Took 14:21 seconds… I think I got sub 13 in me on a better day.
Time to go lose 10-15lbs. Who’s with me? Always said I wanted to be the most fit real estate agent out there. Got work to do.
@thesamparr
@ShaanVP
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@camp_wealth
Yeah idk how this is even a debate. People work a job they dislike for 30 years for retirement? And then they don’t even know how to enjoy retirement
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Shot my best round (77) ever today. On fire right now. Only one birdie on the first hole
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@Invested_In_You
If you want to go, go. If you don’t, don’t.
This question has been asked on here about 4,000 times and everyone likes to blame the couple getting married. It’s their wedding.
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@theficouple
Did it part time for 2.5 years. Ignore this if you’re someone reading this and have to do it part time to meet ends meet.
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Officially crossing $3mil in sales for 2024 this month😁 Did $2.3m in all of 2023!
If I can make some things happen should be >$5m half way through the year.
It’s both encouraging and nerve wrecking that I feel I’m only at 10% of my potential. Trying to enjoy the process.
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I don’t know how some of these personal finance people only spend $2k/month. Do they sit inside their house all day every day? I’m not even a big spender and don’t see the joy in that
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@BowTiedTetra
The funny thing is this dude is likely perfectly happy right now, enjoying life, and will never read your tweet. Others on here critiquing the lyrics of a country song is weird lol
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You ever walk into class and know you're the realist person in the room? I feel that way daily
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Any friends or followers on here own and/or operate daycares?
I’ve got a client that’s looking into opening one and trying to decide between owning vs leasing the RE. They’re not experienced in the space, but the demand is high and supply is low in their area.
And by high
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@UNC_Basketball
He’s figuring it out quickly. Reminds me of when Kendall Marshall took the starting job and how much better that team got
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@stevegarthwaite
As someone who is making the leap later in life into real estate, $60k felt like a fortune coming out of college when my expenses were under $2k/month. Don’t think it’s completely fair to be too critical of a 22 year old trying to figure things out
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@KCmolzer
Demographic sensitive. I think older people will continue to play relentlessly. Can’t tell me 30 years old are that locked in though
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@Baum770
Yeah I don’t think owning the subway is going to be his BIG hit but understanding franchise models will serve him well
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@shawngorham
I should add travels when he wants, rarely works more than 30 hours a week, more deals than money to lend out. It’s making me rethink my real estate agent position
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@rohindhar
I had an idea the other day to create an Airbnb that looks like the Death Star, so I like it
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@realfrugalmogul
Get all snacks out of the house asap. Exception for one or two low cal protein snacks. Have lost 7lbs in the past month
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Trying to narrow focus again as we approach the end of the year. I have been strung out recently.
-> 192 to 180lbs
-> Cardio 3x a week
-> $8mil Residential Sales (Currently 5.5 and over 1.1 UC)
-> Golf 2x/week this fall (summer has been uncomfortably sweaty)
-> +1 Rental and/or
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I never host open houses, but glad I did today. 17 out of 19 people that have come through the house have been 60+. They all have the same problems and same needs. A bonus is they all own real estate. They all love someone willing to chat with them.
I might be having a eureka
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@MultifamilyMad
I want to start cold calling in 2024. Any advice you have for working the phones? Tbh I’m not a great small talker but can talk all day about real estate. It’s that first 30 seconds I have to figure out
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Full networking mode currently. Podcast Sunday, client event Sunday, golf with new people Friday, flying out for a live podcast soon, nominated as Raleigh’s Best Real Estate Agent (don’t know how). Something’s cooking right now.
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The more I work in real estate the more I realize investing is the only path that makes sense long term.
1) I don’t think it’s as complicated as it feels early on.
2) The upside is decamillionaire even for a regular person.
3) The downside is a small portfolio that sets you
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@MaxFisherCRE
Reality TV has fucked up people’s perception of this business. It’s hardly glamorous
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Buyer demand in and around Raleigh right now is on the floor😅 Been doing this 3.5 years and never seen this. Definitely can be aggressive as a buyer right now, minus those one of a kind properties.
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I think $2mil is my number. Can pretty much live any life I want at that point.
What’s your number?
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@UncommonYield
I mean, I kind of like when people stick to their principles in the face of money being thrown at them? I don’t understand the hate.
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I have knocked off everything on my task list this week and have felt amazing.
Crazy how that works
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@TicTocTick
People don’t realize they’ll just be paying fees to someone else to sell their house IF this ever materializes
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@heIpfullandlord
Have you ever read a listing description? They’ll advertise a $400k property that rents for $1,800 a month and needs $50k in renovations as “a great investment opportunity”.
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@ryanraysr
@zach_nomad
@SMBjourney
@sweatystartup
I LOVE South Raleigh area for having land + access to city. Also conveniently located to great golf!
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@ThinkAppraiser
One point I don’t see being made. As the seller or listing agent, having a buyer agent on the other side of the transaction increases the odds the deal actually closes. Agent has skin in the deal, and a good agent won’t let dumb shit derail a transaction. I’m curious to see how
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@sweatystartup
Don’t agree in this case. Let’s be honest, most olympians are younger than 25. The older ones typically have financial success from their sport. If you’re 24 with an Olympic work effort, you have plenty of time to get that job or start a business.
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Paying to go to a Grant Cardone conference is wild to me. Would imagine the networking is the only thing that could make it worth it?
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@Dividend_Dr
I actually think he offers a good plan for most people. You’d be shocked how bad people are with money
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LinkedIn is a shit platform. 50% of people that add me immediately send me a sales pitch. Thinking about deleting from my phone and mainly using Twitter for my online networking.
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@SullyBusiness
Power washing? Think it’s something he could pick up on weekends, especially with the church connections.
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I do not believe there is as much pent up buyer demand in the housing market as TV pundits want you to believe.
Lucky to have a more affluent clientele, and a lot of them aren’t seeing the upside of buying right now and don’t think a shift to 6% rates really changes that
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Learning my lesson to not lift a finger for clients until I’ve got some signatures.
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Met my roofer in a multimillion dollar neighborhood in Cary, NC this morning.
Red Ferrari F430 sitting in the driveway beside us, but the majority of cars were 10+ years old in the neighborhood and probably worth less than 20k.
Personally rather be the Ferrari owner with a
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