Multi-Million Dollar Producers & Multi-Family Investor w/ Luke Marvel

How much value are you going to bring? Whether you are getting your start in the real estate game or growing your business, you are in for a serious education today as we have the detailed oriented maestro in real estate sales, Luke Marvel! Luke talks about his start in real estate, secret habits as an agent, and how he sold over 36 properties in 24 HOURS. We hope you enjoy the episode, and please leave us a rating and review! We appreciate you! 

LEARN MORE: www.terrencemurphy.com

Interested in joining our team? www.exptribe.com

Books: Timing the Real Estate Market by Craig Hall, The Go-Giver by Bob Burg, 7 Habits for Highly Effective People by Stephen Covey & 12 Rules for Life by Jordan B. Peterson

 

Timestamps & Show Notes:

(0:00 - 5:22) Intro of Luke Marvel

(5:23 - 8:51) Scenario: Leveraging a Duplex

(8:52 - 10:46) Luke’s Tactics And Strategy (Sales)

(10:47 - 13:43) Your Strategy (Agents or Beginners)

(13:44 - 15:46) Lessons in Hindsight

(15:47 - 17:36) Luke’s Hunger Story

(17:37 - 19:48) Best Opportunities in 1-2 years

(19:49 - 22:02) Scenario: Investing in Larger Multi-family Units

(22:03 - 25:13) The Barracks in College Station, TX

(25:14 - 30:28) Investing Right Now & Tech

(30:29 - 35:15) Luke’s Success in Sales (Scale)

(35:16 - 38:11) Self Investment & Timing the Real Estate Market

(38:12 - 39:43) Book: The Go-Giver

(39:44 - 41:53) Closing

 

Luke Marvel graduated Summa Cum Laude from Pepperdine University and quickly became a successful real estate broker and entrepreneur, with over $200m in Sales, over 60 property flips, over 350 residential properties built, and as an active investor owning over 25 properties personally. As the Chief Real Estate Officer for The Barracks, Luke leveraged that experience within the operational and financial aspects of the construction, development, sales, and leasing portions of the business. His expertise helped create the on-site leasing and property management business that manages over $100m in assets, helped cut costs and effectively double profit margin, and led the development of the largest student housing community in the U.S. (based on acreage). In 2016, Luke was named Century 21 's #1 Agent in the Nation and in the Top 50 Agents in the Nation in The Wall Street Journal.  Currently, Luke is partnering on several residential developments totaling over 100 residential units in the Houston and College Station markets in Texas and is assisting with the strategic planning, construction, and procurement of both debt and equity on these projects.