Hello everyone and Welcome to another
episode of Selling Greenville your
favorite real estate podcast here in
Greenville, South Carolina, I'm your host
as always Stan Mccune realtor here in the
Greenville area you can find all of my
contact information in the show notes if
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you use me as your realtor at some point
hopefully in your lifetime here in
Greenville today I'm very excited to
have a real estate investor in the
Greenville area on the show to have a
great conversation this has been in
the works for a little for a
little bit it's been the works for a
minute and a lot of that is just
it's just my fault I've just been so
busy but I have Willie Coleman here
on the show Willie is maybe the Maybe
started in real estate investing younger
than anyone else in Greenville I don't
know anyone else that started earlier he
started at the age of
15 and is now still very young
22 years old which blows my mind because
I've been I mean I've known Willie
since pre-pandemic for sure so you
would have been I mean like a teenager
when we first met but I didn't know that
right right you you held you held
yourself a lot to a much higher
standard than a standard 17 18y
old but Willie yeah before I let
Willie have the mic as it were I
just want to say that he really knows
real estate when you're working with
other Real Estate Investors and me as
both an agent and an investor it becomes
apparent pretty quickly if people
actually know what they're doing and it
became very quickly that Willie does
know what he's doing despite his
his smile and charm he's a pretty
ruthless negotiator as well I'll say
but whether flipping houses
building new construction owning Airbnb
properties
wholesaling whatever game respects
game Willie has done it all and so
yeah Willie thanks for coming on the
show I really appreciate it man Stan
well first off thank you for having me
I'm pumped to be here
we got to keep doing these Greenville
podcasts it's like we got everything
else growing so let's grow this side too
so I'm excited to keep it in the in the
in the city if you if you'd have it and
ab thanks for having me yeah yeah Willie
for those of you that don't know
Willie was recently on the cash compound
podcast with local Legend JD do I
have I don't know JD super well but
we overlapped at College and so he
was he did a lot for Bob Jones
University when he was there he's done a
lot for the City of Greenville as well
great I mean I don't know how much hype
stuff he's doing but he's like the
ultimate hype man to me like even
sorry what was that no yeah you're right
I mean he's like gille's mascot at this
point right yeah just when I hear his
voice I just get hyped it doesn't matter
what he's talking about yeah but
but on that show if you guys want to
listen to the cash compound he and
Willie had a great conversation where
Willie goes into a lot of more detail
than what we're going to cover in this
episode as to how he got into real
estate investing that being said I don't
want people to be kind of Flying Blind
as they're hearing this so if you could
give us kind of a reader digest version
of how you got into real estate
investing at a young age and kind of
what that looked like absolutely
absolutely so long story short I was
always the kid um that never really
finished into the crowd you know I
grew up as a homeschooled kid
my parents in the military so kind of
been all over the world my parents
my parents my brother was born in Japan
I ended up being born in New Mexico blah
blah blah and when it comes to real
estate how I kind of got into this field
like I said I was homeschooled and at
the age of probably I want to say 13
years old my parents ended up getting
into a partnership with Real Estate
Investors at the time my parents my Mom
she was has a really good design eye my
Dad used to build houses back home in
Alabama and they were really
just trying to figure out what was next
in their life and they said you know
what they saw I shoot TV let's try to
flip a house so they ended up doing a
partnership well me being homeschooled
you know after I was done my work my mom
was like Hey look you're gonna get to
work so lovingly
right you know not force anything but
so I decided to go to work with my
parents parents and after I was
almost school every pretty much
every other day when they would buy a
house I'd be the guy to do a
landscape their you know their
demolition I would also take it a
like you know most of these property
that they're buying they are you know
not the best looking properties but
there's some things you can salvage so I
would literally Salvage like any of the
appliances in these properties any of
the Cabinetry I would Salvage the
toiletry work and I take the stuff
out carefully instead of just knocking
it out take it out carefully and at 13
if my contractor is listening to us
listen carefully buddy listen
carefully I'm just
kidding this is a way to increase your
your your Revenue that's right but
I would literally just put this stuff on
offer up and Craigslist and I kid you not
I mean at 13 14 years old on top of what
my parents are paying me to do
Demolition and Landscape I'm making
probably $2 to $3,000 a month just from
selling appliances old appliances and
Cabinetry and just whatever made sense I
could sell I mean I remember listening
like a purple tub one time just random
stuff I mean you you'd be surprised what
people will buy from you and I've had
some experience with Facebook
Marketplace so I don't know if I could
be surprised at this point yeah there
are very few now but yeah man I
mean so I just always kind of
have that entrepreneur mindset of like
look you don't have to go the
traditional route there's opportunity
in everything you look at and so I would
do this stuff for my parents fast
forward a few years going
throughout the time still doing
demolition landscape and then I would
evolved so I started doing Electrical
Plumbing Roofing I mean I literally
can build a house I know the process and
I've done many many parts of the process
to make it happen and so as we go along
that process I'm 15 at the time I they
take me along they bring me to a Korea
meeting or meeting in our area
it's called Korea and go to the this
meeting I hear the concept of whaling
real estate and my ears kind of
peak because these people are talking
about the concept of finding a
discounted property getting under
contract not needing per se cash to
close on it and just assigning your
rights to that contract to the end buyer
so in other words in my head I'm like
h I'm pretty good at like finding
something that's not that great and then
finding somebody that wants it one's
man's trash another man's treasure type
of thing and you know being the
entrepreneur mindset of you know
figuring stuff out right A lot of times
you know you hear a concept and it's
such a big concept it's like you know we
we get all these things in our head let
me hit on that in a second let me
slow down a little bit but anyway
basically learned the concept of host
selling I started LLC with my brother
because you can't buy a house at 15
years old or sign a contract for one so
I started LLC with my brother he was I
think 19 or 20 at the time and both
went on the LLC and I basically just
started you know doing the work I just
the people at this meeting were
saying how you can find houses you can
find them do sending letters and bandit
signs and cold calling all this stuff
and I picked a strategy and I said hey
I can do this I can talk to somebody and
so I started I started cold calling
people and at the age of 15 I ended
up doing my first deal we made a
stupid amount of money and by the
time I was 15 to 18 years old I think I
hotel probably 60 to 70 property
something like that yep and was like
yeah was like you know what this is it
I'm not going to college this is it this
is what I'm doing started buying and all
types of other crazy stuff I'm sure
we're going to get into here in a minute
and yeah that's kind of how I started
and by just doing the work I don't know
if I don't know if I've ever told you
this but I actually got in as a
wholesaler as well originally but I
hated wholesaling it was it like the
way you were describing that it utilized
your skill sets it was the opposite for
me it was like no this is not utilizing
my skill sets well I'm not a cold
I'm not that type of person and
so that's why I've kind of found my
spot in the retail side of
things yeah but what was
that like getting into it from a really
young age I mean did you
actually enjoy the work or did you just
enjoy the money were there times you
resented it you know what what was that
like just you know those teenage years
yeah good question man
I feel like this I feel like at the time
did I enjoy the work I just was addicted
to the hustle I was addicted to making
it happen you know growing up a
homeschool kid you know I didn't have
the distractions I didn't have you know
whether that may be you know going
to a party or going to you know getting
into relationships or whatever that
might be they weren't there for me so
all it was in my life was you know
schoolwork and outside of that it's like
what's my hobby what do you do in your
free time and you know whether it's
my parents being in the military or
exactly where it comes from I have a
there's something in me that I don't
want to do anything halfway and I
don't want to not use my god-given gift
and I feel like you know at that time
what I saw my goding gift was just
the ability to just make
stuff happen and whether that was me
being the guy to physically swing the
hammer to take the cabinets down or
you know planning bushes or whatever I
did have some sort of satisfaction in
that but of course yeah the reward of
making money was great and being able to
make money at such a young age you
know to me that was a god-given talent
you know and of course like anybody I
mean I was not you know I did not
enjoy doing that work by any means
for the majority of the time but I did
enjoy the results and learning how to
work smarter so again starting as a demo
guy then evolving and saying hey why
am I destroying these cabinets why won't
I Salvage these and make some money on
so I think I like the process and
how I was evolving I think that's what I
kind of fell in love with was just
evolving and how do I start working
smarter here and not just working
harder to make more and so I love that
process and in the transition from
working with my parents and doing their
properties to actually becoming a
full-time wholesaler going on to buying
properties etc the the pathway I
think that's continued in my life even
today is just loving getting better and
evolving and really creating something
and so I love the work do I love it
every day no but I do love the end in
mind and the end in mind is whatever the
goal is at the time so again if it's
host owning a property it's it's solving
a problem for that seller and then it's
of course getting an assignment fee so I
start there you know and everything else
in between that's going to a property 15
times that's oh you going to contract it
fell through and that's the
process and so honestly you know I don't
you know even to this day I do not love
what I do but I do love the end of
mind which is one day this thing is
running on the goal is autopilot you
know true business to me is something
that runs with you or without you and
that's what drives me every day and
God's given me the ability to be able to
talk to people and the ability to
put it the pieces together and so I
love the process do I love every part
of the process no anybody that says they
do they're probably fluffing a little
bit I know a lot of Real Estate
Investors and they get bloodied in this
business like they it
can chew you up and spit you out if
you're if you're not careful the ability
ility to eat crap six days a week and
maybe the ability to eat caviar the
7eventh is what we're going for but to
to keep going for 30 40 50 days at a
time and just keep waiting for that
caviar day that's the
thing man that's right so
have you ever come close to burnout do
you feel like oh yeah I
think you know I'm actually in the
process you know of reading a book
called The Gap in the game by Dan
Sullivan
and that book really goes into detail of
how we psychologically need to
approach life in general but also
business in terms of you know burnout
right burnout or you know enjoying the
process right so although you know we
all know the end result whether that's
to get you know get the deal closed get
the assignment fee whatever whatever the
end result is we know we're striving for
that but it you got to enjoy the process
too otherwise you're going to burn out
out and so for me I'm still you know
I don't have it all figured out I'm
still kind of figuring out the
day-to-day of what's keeping you
know showing up every day to find the
next deal or etc and I'm still you
know definitely looking for whe whether
you call that purpose or whether you
call it whatever definitely looking
for it but the reality is I have found I
always think about the alternative right
I say well what's the alternative you
know for me right I you went to
high school didn't go to college you
know didn't have anything of the
traditional sense of an of you know of
a pathway or a fallback per se
right like hey if this doesn't work out
I'll just go X, Y, and Z no for me it's
like if this doesn't work out I'm
starting at literally z00 Z yep and so
for me you know what sort of motivate
motivates me a lot is like well just
think about oh my God if all this was
going tomorrow okay how would that
make you feel or if I you know just
simple things right Power electric Wi-Fi
just being thankful for what we have you
know that really gets me Juiced up
you know and it's just like sure people
don't really we in America especially we
take for granted just the basic
necessities and so I'm a big foodie
right I like to eat you know the reality
is I don't I don't do much but I like so
I'm driven by eating good and
traveling and so you know I've got to be
able to eat sushi at least you know a
couple times a week so it's like all
right that motivates me but yeah
man it's interesting it's like starting
with the thought process of yeah just
going to be gone tomorrow so let's let's
make sure we secure this and still have
it so let's keep going you know that's
kind of learn yeah yeah so when I was in
high school I was pretty busy you
know I was actually homeschooled
through seventh grade but then after
that I went to a Christian School I
stayed busy I played a lot of sports
I started working before anyone else in
my class did about the same age that you
did except I started in the
restaurant business making like minimum
wage eventually by the end of my time
in high school I was kind of in a
managerial role but I was working
like 60 hours a week during 60 70
hours a week during the summer and I
might make you
know again back then I might make7 or
$800 in a week you know working that
much so I'm curious if you mind
sharing like what were you
bankrolling back then and in those high
school years I mean dude I was probably
doing again two to three th000 a month
at you know 14 15 years old yeah
that's amazing by the by the end of high
school what was that up to by the
time you're like 17 18 yeah by the end
of high school I mean our company our
company was making and again the
whelling company at the time we hadn't
started acquiring Properties or anything
like that I mean we were I think we
did when I was
17 we did over
700k in Revenue that year amazing and
again that's why I'm like going to
college yeah you're you're not gonna
you're not gonna get a better education
than that yeah dude you're gonna lose
money if you go to college so I was like
okay yeah yeah in comparison to that
absolutely now did what did your friends
think I mean I know that you said
you didn't have a lot of friends
which I think you were probably
downplaying things cuz I was
homeschooled I you know it's not the
same obviously but you know you have
some friends so I mean what did what
they I ended up playing golf and did
I played Sports and stuff for
local high school and of course
yeah you got so I'll put it this way
I have acquaintances right I have
people I know a friend I have my
mother the reality is the reality is you
know I think
we're on a whole different wavelength
right you're talking to guys that you
know are worried about oh yeah like
we're going to this party or we you know
we're doing this or like we're trying to
plan out like whatever it's like we're
not even on the same thought process
right so the conversation honestly
wasn't even had like if I talk about
yeah like I'm working with the seller
right now and you know we're figuring
out you know how to make sure he doesn't
go into foreclosure and on the 18th and
this on the other like it's just like
the action wasn't even had just a reality
they knew you know from their
perspective it was like oh yeah Willie
works with his parents in real estate
and blah blah blah and I've never been
the guy to kind of boast right like I've
never been hey look at me look at what
I'm doing because the reality is one I
just didn't need I didn't care to tell
you what I was working nor did I need
validation or anything like that and I
knew one these these kids at
the time were not again we're not even
on the same waveling so I just really
didn't talk about it with them it was
just more so yeah you're working a lot
and you see me whenever we're doing what
we're doing so again at the time it was
like Hey we're going to play golf or
we're going to go run cross-country
that's when I saw him and so literally
when I say it wasn't like oh I didn't
have friends because like I you know
socially awkward or whatever one might
think of a you know homeschooled person
it was more or less that was my choice
of why would I hang around the guy
that's thinking about you know whatever
he's thinking about something completely
pointless you know Duty
right Call of Duty right or should I
go you know talk to guys like Stan about
hey do you want to go buy this deal in
Nickel town right like that's what I want
you know and so the reality was you
didn't have a lot of common ground with
with your peers basically exactly didn't
have common ground and also didn't want
it, I didn't want the influence I didn't
want the influence of what you know I
mean because again you know whether
it's spending time at a movie or
spending time of anything that was
outside of my you know my goal at the
time was just finding the next deal
finding the next deal talking to buyers
talking to sellers anything outside of
that besides in my immediate family
it didn't matter to me it it really
didn't and so like I said I did play
golf and things like that which I'm so
glad I did because that skill has been
able to translate into you know doing
things I'm doing now with raising money
and you know all types of stuff in in
our in our game of Real Estate but the
reality is you know I really avoided
anybody that was not going to get
me closer to my goal at the time
which was prob of the next field
interesting so yeah was there did your
peers you know did they think you were
crazy were they jealous did they just
were they just completely
oblivious honestly probably oblivious I
mean I don't you know and at the time
too it's not like I was spinning my
money right again it was I again I
separate things right so it's the
company's making this money and it's
just going right back into the company
so it's just this is to build the
company right back back into it right
back into it so I'm still again doing my
thing and again they really probably
just thought I was just working with my
parents like oh he's doing construction
or whatever okay like yeah like whatever
this kid it you know and so you know I
think probably from that time I
literally I think I had one contact from
those high school days of a guy I just
play golf with now and well it's kind
of funny because he ended up going to
Clemson and he's actually my architect
now so again it's yeah so we
ended up kind of coming back but
again it's still in my world right it's
like you know again I follow
philosophy and I didn't do this at the
time but looking back it really is it's
like the concept of doing just one thing
I call it jck you know because in this
world we've got all these things we can
be doing you know we could we could you
know I mean you get a text right now hey
do you want to go to downtown do you
want whatever and it's like at the end
of the day I was jotting I was just
doing one thing I was focused and I
think people really in this world need
to focus everything works or many things
work not everything I should say many
things work whe it's from a marketing
strategy whether that's from a strategy
of you know performing in real estate
right what about hostelling what about
subject two what about becoming a real
it all works but you got to focus you
have to focus Master it you can't do all
of it and if you do you try to do all
this it's you're gonna get distracted so
you gotta Focus you gotta dial in and go
all in and so that's what I was doing
but that's why I still believe you know
we're doing other strategies now but
it's like I mastered or finding a deal
and guess what do F mastering finding
the deal that allows you to to Branch
off to many other things but at the end
of the day if you find a good deal you
know that's the first step you know and
I think a lot of times we it's the
hardest step yeah yeah it's the hardest
step it's like we got to start we got to
do it you know so
did with you being homeschooled and
and all of that like did your parents
see that you were gifted in this and did
they kind of meld your education around
that or did that did those kind of
words not intertwine yeah yeah so again
like at that time they were just
getting started in their real estate
career as well and I was again basically
in with them along the journey and I
think you know I parents they've
always been support of whatever we
decide to do whether that is again my my
I do have two other two brothers my one
of my brothers he's in the tech space he
end up starting his company at like 18
years old my other brother he's a he's a
streamer he's a twitch streamer and
whatever we've done they've always been
supportive and whatever we want to do
they've always been there to have our
backs whether that's emotionally or you
know you know they've never been the
parents to hate like we we don't come
from you know money right so they've
never been able to give us checks or
anything like that per se but
yeah I mean the funny thing is like I
said when they started is when I started
so the reality is as they were learning
and becoming Real Estate Investors or
again they were just slippers is when
I got into it so it was a really
beautiful thing and as I evolved as a
whole-seller again I even ended up I not
a lot again they were definitely not my
biggest buyer but I would sell them
deals you know of course I cherry pig
and the best deals sell them to them and
then eventually you know again I
just started just building a true
business by myself but the reality is
you know I think
it was really good for me to start
when they started because again I was
kind of learning things along the way to
answer your question of you know was
there special education no not
necessarily but there they they did
provide the opportunity for us right
again they put us in the room so again
at that age of you know I guess I was
15 my brother was you know 17 18 at the
time they brought us along so
whatever they were doing they would
always have us around because they
never like hey this is what you're going
to do you know some parents are like
you're good at math you're going to be
in account you're good at this and we're
going you know you're going to go to
this County School whatever no no no so
it was really beautiful to have the
ability to choose right it's like they
would say hey this is what you can do
this is what we do and y'all go pick
what you want to do but they were always
hey provided the opportunity so again
so thankful for my parents again they
did not teach me all the ins and outs of
what I'm doing today but they did
provide the opportunity of get us in the
room and get us whatever exposure that
may be again whether that was hey you
want to go pursue a career in golf all
right we're here for you we'll take you
whatever tournament whatever so they
were there for that and they've
always been great to get us in the room
wherever that might be yeah that's great
now
one thing I'm trying to picture is
like a 15-year-old, like wholesaling like
talking to these old crusty investors
like did you ever feel like disrespected
by the real estate Community because of
your age or anything like that or did
were you able to just kind of like fit
right in did and you know people didn't
care
all the time man I mean even to
this day I mean people will discount you
I mean to this day now I mean I've got
a lot of results you know I've always
been a results driven person and kind of
let results speak for themselves but the
reality is I mean whether it's age
race you know class people always
judge you right and you know we can't
control what people think we can't
you know I'm not I can't say in front of
you and try to pit you and say
look at me I'm so great no no no I'm
good at talking to no no no like it's
like no you can't do that body of work
for itself at the end of the day the
reality is the work speaks for itself
you know it's like results speak so if I
come to you and say hey I have this deal
or hey I've done this deal check it out
you know we bought one two three main
street check it out here it is I've
always been a very visual result person
and so for example with host-selling
when I'm in those
rooms I'm not ignorant to the fact of
my youth race you know class whatever
you want to call it I'm not ignorant to
the fact I'm not ignorant to the fact
that I will be judged one way or another
and so when it comes to buyers you know
leading with I would always again the
Gary ve model or whatever you want to
call it it's like lead without value so
for example, I would say you know when I
was building a buyers list I would
approach people and say hey look this is
what I'm doing I've done this and how
can I help you because anything outside
of that they don't nobody cares like I
don't I don't care what you're doing
great but like lead with value I think
that's where people M up it's like we
always hear about it but guys just do it
like ask people how can I help you but
not just how you can help you actually
help them so if they say hey I'm looking
for deals I'm looking for deals in this
ZIP code what I would do as
those guys I would say look I would
approach people and say hey my name is
Willie Coleman you know I've seen you
around you seem like a heavy hitter
you know I'm in the hotaling real
estate space you know what are you
looking for get what they're looking for
but not just that I would say hey could
you tell me what you bought like in the
last you know 60 days like what actual
properties did you buy the exact
properties I get the actual address I
would take those addresses down and I
would go hunting for them right when
you lead with whatever you're doing in
life lead with adding value and serving
the other person so I would serve that
buyer not in the sense of working for
you but I'm working to find exactly
what you're looking for in my business
and I'll provide the opportunity to you
and most buyers especially like in a
hot Market you know if one buyer is
looking you know in a certain zip code
nine times out of 10 50 other buyers are
as well so leave with value and I would
go get these deals go get them lock them
up and say hey got this thing locked up
do you want it and it's like okay this
guy's leading with actual value he's
going to do the work versus a guy so
imagine a guy that asks you those
questions he comes back to you 30 days
later and says hey I got it versus the
guy that says hey what are you looking
for and hey can I call you for advice
every other day you you just nag them
and then it's just like you have to
think how the person what is the other
person's goal and just go provide that
right it's not easy but it's simple yep
yeah and I mean I'll say from
experience I've had you know obviously
particular particularly you know from
2020 through 2022 there was a new
wholesaler you know every couple of days
in Greenville and I'm sure they
were reaching out to you they were
reaching out to me you know I'd tell
them well here's what I'm looking for
and then you know they'd send me some
Millhouse, and Anderson I'm just like I
never said I wanted Millhouse and Anderson
like don't did you listen yeah did you
listen that it's not it's not that hard
but at the same time but what's
happening in those situations is the
deals are hard to source and so they're
like well this is the closest thing I
could find I think is what's going on
there but you've got to put in the
real work I mean wholesaling I think is
in my opinion the hardest real estate
task to do because you've got to have
enough margin for multiple different
people and that's really really hard to
to pull off so I have a lot of respect
for the people that do it
currently or that got into the business
doing that very hard yeah yeah 100%
you can figure out how to I'm sorry go
ahead no I was say if you can figure out
how to find deals you can always eat
because if you can find a good deal no
matter what your strategy is subject to
wholesale owner finance rap if you can
be a good person at sourcing quality
deals you'll be okay in any Market in my
yeah
absolutely so you mentioned some of
the disrespect and whatnot on on
class race all those different types of
things you know one thing I really
like and I don't know if this is unique
to Greenville per se but the Greenville
real estate investing scene I feel like
is very diverse men women you know
Asians Hispanics Russians black white
everything like I've run into so many
different investors from so many
different backgrounds I just think
that's really cool yeah have there
been racial challenges that You' run
into to or maybe advantages too I
mean take that in whatever Direction you
want what is that like as a
black man investing in real estate and
South
Carolina
sure so when it comes to race I think
I'll put it this way I think that no
matter what you do we all have
disadvantages right whether you're
minority female you know you could have
a disadvantage as being a white male
right one could say depending on which
side you're on and the reality
is it's a game right we're playing a
game you know and I think no matter what
disadvantage you have I think it's
important to identify the disadvantage
and move accordingly because the reality
is we're talking we're dealing with
people you know and like I said
you're not going to be able to change
people's mind fundamentally if someone
some's racist or somebody you know is
Prejudice like I'm not going to do a
deal because he's a black guy it's like
okay you're lost all right you're lost
on to the next one why it is a matter
of don't get me wrong it pisses me off
it teas me off whatever to have those
encounters I mean it definitely happened
a ton coming up in terms of like just in
life you know going in a store and like
always being watched I mean I was
yesterday I was at a store walking
around and people were just like
watching me I was in the middle of
nowhere it's like you see the eyes it's
like okay you know yeah it's got to be
unsettling yeah it's just and it's just
it's it's honestly just how we how we
live you know it is what it is and you
it's definitely a long conversation
there but the reality is it's like when
you understand what's going on it's like
okay we understand that some people for
example in real estate I'll use examples
here if I call a homeowner you know
and I say hey my name is Willie Col this
side the other sometimes people might
not be able to tell my race on the phone
right they might not be able to tell but
if I actually come out they're like okay
yeah this guy's young whatever
and you know my thing is you know in my
brain I can say oh they're gonna think
this they're gonna think that they've
Got a make America great again this and
this and the other you they got a
Confederate flag and like you know they
they could possibly be a little
Prejudice maybe because of all those
signs possibly and if that's the case
it's like I could start going to my head
all day long this side the other or I
could just say you know what
that's the case and let me just lead
with my knowledge and let me just lead
with facts and let me just know my
because the reality is the guy that goes
in and doesn't know what he's talking
about or the guy that goes in and can
solve a problem you know we're dealing
with people we're dealing with people
that are in distress and I always just
said you know what I already know I'm
starting behind right we have to work
and I say we as you know whether you're
a minority a female or whatever your
disadvantage is you could have a
disadvantage of not physically being in
a location there's all types of
disadvantages identify your disadvantage
and you know perform at your highest
level so to me I always you know was
affected or I felt like I was affected
by again those things and it's
like okay well I'm be gonna become the
best and you know it's sad to say but
hopefully that would compensate for any
of the other preconceived notions and
the reality is man I think I've dealt
with some crazy people I've dealt
with a guy so funny I co-called him and
or somebody on my team was
co-calling I called him to get a contract
and he said you know there was a tenant
living in the property at the time and
he said yeah and there's a tenant
in there and he lived there for you know
five six years he keeps saying he's
gonna buy it but you know he's a black
guy and you know you know how they are
with finances and he said that while I'm
on the phone right and he's talking
directly to me and I said oh okay and
in one in that moment I could have been
like well hold on now like I'm a black
guy how dare this or the other this no
like I could have rebutted and and and I
could have been rid morally and this or
the other but the reality is I said oh I
didn't agree with him obviously I said
okay and moved on ended up he said that
right so I understood the the possible
disadvantage that our team could face
with doing this deal yeah so what did I
do I moved accordingly I ended up doing
it all virtually so I sent him a
contract virtually ended up telling my
attorney the situation of what he told
me so we ended up closing at two
separate times so he went inside his
paper work I went time my paper work
bought his house and guess what this
black guy ended up creating $150,000 in
equity but we don't know what we're
doing with our
money so the reality is so you you
turn you turned that into your
advantage exactly it's like okay awesome
all right you've already told you
know somebody has he said he showed his
hand a little bit show me your hand you
know so it's like identify that let's
get that out of the way immediately I
said you were a ruthless negotiator I
wasn't joking you're like a poker player
over here dude so it's like you know you
can get mad at your disadvantage or you
can understand your disadvantage and
move accordingly again so other
scenarios is you well sometimes you
can't always do things virtually you go
out to the property they say oh I don't
want to sell it to you or they you
know typically again racism or pres it's
not always done directly you know said
or directly you know whatever but but
things happen it's like okay I didn't
get that deal why didn't I get that deal
it wasn't logic it didn't make sense I
mean I've had things even on our
construction side I'm getting into new
build constructions now and I've had a
framer tell me he told me he said and
I'm not going to give out names here or
anything but there's somebody locally
that probably is just probably a little
intimidated by my age or race whatever
they are intimidated by or that I'm just
doing cool cool dop stuff and they told
this gentleman he does a lot of framing
for them or whatever and they told him
they said you know if I would have known
you were doing that property for Willie
Coleman I would have paid you and it was
thousands of dollars they said we would
paid you I think it was like
$510,000 to not do the job for me wow Ju
Just So they wouldn't do it for me right
and that's things that happens behind
the scenes right it's like it's just
crazy man it's like you can't even make
this stuff up and it's like you know
that type of stuff it's never not going
to happen people always have their
preconceived notions and you just got to
understand it happens but guess what it
is what it is we got to keep moving
don't let it hold you back quit using as
an excuse you know because the reality
is I you know again that guy could have
said that I could have responded to him
and oh I didn't get the deal oh I'm mad
oh and I could say St it's so much
easier for you where but or I could say
okay yeah black people don't know how to
deal with their money
bet like like it's like so you know so I
just use it and on the other side
right you get people that you know you
go to the and they're so happy they're
like oh my God the youth is coming in
your minority like yeah let me do the
deal with you versus doing it with you
know traditional you know traditional
crusty investor yeah yeah yeah it's like
they like the new blood they like the
minority side right so that does happen
too right sure you know but but
unfortunately I wish that happened more
times you are a little bit you know or
you submit an offer and it's like I know
I know that was the best offering like
we just never heard back so it's gonna
happen but like I said the reality is
you just got to keep moving
understand it is and adapt accordingly
yeah absolutely yeah and I guess the
one positive about real estate in this
discussion is that of I mean I can't
think of
maybe maybe the stock market to a
certain extent trading maybe to a
certain extent but there's not too many
businesses that are more free market and
just focused on money over everything
else than real estate right like if you
bring people a good deal and they turn
it down because of all of these
peripheral things they're just losing
money they're just not helping
themselves and most Real Estate
Investors are honestly too greedy to
do that they might be prejudiced or
biased or whatever but money is gonna
Trump that to use I hate to use that
word in this discussion but it
money is gonna is gonna win out at the
end of the day
but yeah that thank you for that I
was I was really curious you know we've
talked a little bit about that on the
side but I was really curious to to hear
a little bit more so so thank you for
sharing that absolutely so you're gen
Z right you would be you'd be considered
gen Z do and I don't want to go too
much longer here because this has
been a great discussion and we're both
busy I've got a ton of notes and I'm not
going to get through all of these no
worries but it but as far as J Z goes do
you feel like your generation views real
estate differently than previous
generations did or not so much oh
absolutely completely different I think
the idea of
homeownership kind of has it's not
necessarily the American dream anymore I
don't think it is the top of everybody's
to-do list by any means I think
that's one thing on terms of the
traditional side why that's the case
I haven't done enough research to
give an educated answer on that but
you know my thing is just like from
my perspective of being a Gen Z it's
like well people always have to live
somewhere it doesn't matter what's going
on in the economy you have to lay your
head down somewhere whether that's an
apartment building multi-family duplex
single family him whatever and so my
thing is like well they might not want
to jindy or whatever they might not be
buying real estate they're always gonna
have to live in real estate so from
my perspective it's like that belief is
kind of ignorant to a certain
I do kind of see the understanding
of it like even from my perspective I
don't own I don't necessarily own a
house that I live in I actually well
I do some creative stuff with our
companies and I actually rent a house
that I that our company owns but I don't
I don't personally own a house because
the reality is personally own a house
one could actually argue it does not
make much sense from a financial
liability or not liability but just it's
a responsibility you got to keep
up the grass you got to keep up the roof
you know there is maintenance you
have to keep up with so I do get it
but from the perspective of an
investment all day long it just makes
sense to own real estate depreciation
you know not having to really into
paying taxes or whatever you know you
know so I think people from a investment
standpoint should probably change their
mindset a little bit but yeah I
definitely you know just from you know
even dealing with buyers and
renting to to the Gen Z world just
hearing their mindset it's it's
completely different dealing with you
know whether it's a baby boomer or know
even Millennials right they're still you
know on the concept of owning so it's
very interesting the new generation as
you know the next 10 15 years evolve
we're going to definitely be seeing a
interesting Market I think with the new
generation yeah that will be interesting
I wonder how much of that is just
affordability you know cuz like home
ownership being the American dream I
think a lot of it was we've got these
government government loan programs that
kind of subsidize real estate and make
it you know affordable for people who
otherwise would not be able to
purchase a home but now the average
first-time home buyer is 36 years old
which is the highest ever and so you
know I wonder how much that
contributes to what you're saying I
would imagine quite quite a bit yeah
yeah absolutely so changing gears a
little bit here
I know that your
business is separate from your parents
and has been kind of it I mean would you
say it's always been separate from your
parents yeah yeah so literally since the
day I started our company I started
separate you know although my parents
have been an amazing guide you know in
terms of you know life advice and you
know dealing with people I've never
like worked to where you know my mom's
never been working and Co calling and
like she never worked in the host sale
business or my dad or anything like that
you know again i' I've I'm big on
like Partnerships so like I've sold them
deals I've even partnered with them
as I started buying properties I've
partnered with them right might as well
keep it in the family because it just
makes sense but yeah like I've
built my own company so again I started
at I used to co call I built I
started hiring virtual assistants so I
built a virtual assistant team we've got
10 cold callers that are all over the
world we've got people in Colombia and
the Philippines just co-calling and
sending text that's all they do allday
is find the next deal you know on the
local skill i' I've hired operations
assistant to help me you know with you
know at this point I don't think I got
too far into it but you know again I
started as a hosteller which was great
because I was able to identify deals and
then I started buying properties so at
17 years old I started buying buying
rental properties I built up a rental
portfolio then I got into short-term
rentals back in 2020 everybody in their
mama probably did and I hopped on the
bandwagon frankly I started doing
short-term rentals like ABNB vbo stuff
like that and now I've transitioned into
the luxury real estate side of things so
for example like I I'm I'm currently
doing a property where I raise 1.5
million we tore down a single family
house and we're just trying to do real
estate but lead with perfection versus
profit you know a lot of times that are
business people are leading with oh The
Profit the profit margin so I can't use
that though because that's going to take
us over a budget so anyway I've kind
of changed my model a little bit in the
past year to really do more fulfilling
projects and doing projects that I
actually really really am passionate
about and unique properties things
that you know we are in a market where I
believe is huge opportunities I mean
we're well into our growth but we got a
long way to grow go in Greenville and I
want to be the start of creating real
estate that is not what you see every
day you know I'm doing houses where
we're putting elevators we're putting
theater rooms we're providing Smart
Homes where every room has a speaker and
you know there's just you know I took
a trip to Europe a couple months back
and I said you know what you know
everything in Europe you know is very
you know every country has things ahead
and behind of course but things like
you know Fleek lines and clean and
and just doing things simplifying things
so that's really what I'm bringing to
Greenville right now is you know a lot
of La inspiration and European
inspiration it's I'm bringing that to
Greenville because I believe that the
reality is that's what's missing and
I want to solve a problem for people
that want to be in Greenville but you
know they also want to have notes of
other part of the globe not just your
standard traditional whether that's The
Farmhouse modern or whether that's the
Craftsman you know that's kind of a
everyday flip and it's like you know
what how do we switch Swit that up a
little bit so that's my next side and I
say all to say you know I built a team
and building a team actively again I
just got a lady in operations to help us
really put all this together I don't go
and hire Builders I'm very OCD about
everything we do so whether that's you
know picking light pictures out or you
know whether that's the Cabinetry
whatever leading with a more artistic
creating creative side of things versus
thinking about profit so
to do that I can't really do the two
$300,000 house anymore so I'm only
really doing high margin big big
deals like I said I just raised 1.5 to
do a new construction property to do
some of this stuff to make a vision this
Vision come to life and so definitely
we're at a pivotable point in our
business and it's definitely an
interesting time with you know the
market and interest rates and things
like that and so I just said you know
what let me just give this a guide and
say you know what I want to be creative
and God let all the numbers and things
like that the market it all work out at
the end you I've always done flips that
way I've never thought about oh like for
example I went to area in Greenville
where I would create comps and the way I
did that was I would I bought for
example in like the west side I bought
four houses at one time I renovated all
of them and then I put two in the market
so I was able to sell two and then it
made it easier to refinance two you know
so there's things that you know people
say oh well you can't do whatever the
market says you can't out do the market
it's like well we ever thought about
somebody starts a market somebody sets a
bar so let's just keep raising the bar
yeah the market is just people it's just
people it's it's literally money is
money's not real like it's just like
it's all made up it's all what we decide
it is so I said you know what let's just
move a different way so anyway
and the good thing for you as far as
that strategy goes is like the the part
of the market that's the
most insulated from all of these
interest rate increases whatnot is the
luxury
Market yeah yeah the reality is you know
one could say you know you're serving
the rich right now I hate to say it that
way might be true I'm I'm serving the
clientele that they don't care about
interest rates they don't care about
they want what they want you know it's
like oh that house is that house yeah I
want it you know I'll pay cash for it
it's like there we go who gives a [ __ ]
about interest rates that's just the
reality yeah for sure so if you if
there's someone listening that they
would like they're they're in real
estate or maybe in other business they
they want their kids to get involved in
it maybe as a family business Maybe not
maybe kind of the model that you did
where you learned from your family but
then ultimately did your own thing what
advice would you
give to those
parents tough one I think this I think
that at the end of the day we all
have you know
things that we want I'm not a parent
yet so I can't speak from the parent
perspective as much but yeah from the
child perspective yeah from the child
perspective I feel
like the child has to want whatever
they're doing and just to be clear
I'm asking you this question because I
think a lot of parents desire that but I
think a lot of children don't so that's
why I'm ask that's why I'm asking you
that exactly I think I think parents
need to you know every Situation's
different everybody grew up in a
different way right you know people go
through childhood you know trauma
right and they and or you know they go
they go through a struggle in their life
that might say you know what I'm going
to be a hustler because I don't ever
want to have the challenge again or
whatever that might be I think you know
at the end of the day people have to
find themselves in a way right they have
to figure out what they're passionate
about but not even not even figure out
what you're passionate about because I
believe you know one maybe should even
do what they're not passionate about to
fill you know to give them the the
resources to go do what they're
passionate about sure and I think look
you know little Johnny if you want to go
you know become a you know architect
well to become an architect beat that in
your mind you want to be an architect
you want to end up going to Clemson or
whatever great well to get there the
parent might need to like give him a
little tough love right it's not a free
ride right I don't think you can really
teach hustle and drive you can't really
teach that it has to come with you know
from within and so I would say it's like
you know sometimes you know the best
lesson is you know hey look no you don't
have an allowance you got to go figure
it out so that might be go have them
become a landscaper go have them you
know go do the dishes go you know
work the neighborhood whatever that
might be you know but kind of create
you have to create that drive in them so
honestly you know not you know my
that's my goal up you know as I look at
it today that might change tomorrow as a
parent my intention obviously my kid
will have every resource and they could
think of anything but the reality is my
intent really is to to get them to be
driven and so whatever they want they're
gonna have to work for it's just that
simple you know it's like hey you wanna
you know go to your summer camp well it
cost 500 bucks all right well you can
you're gonna get in my truck and we're
GNA go do real estate you might hate it
that's okay you might hate it you might
fall in love with it whatever but
whichever side land on either way it's
going to drive you say I hate this and I
never want to you know be in the car
with my dad again to look at house okay
great well now you know what you don't
want yeah so go work for what you do
want you know so find another way to
make 500 bucks exactly I think
it's got to come within of their
drive at the end of the day they've
got to want it you cannot you they
people watch interviews with me all the
time or you know I meet with people
they're like man I just Swit my kid D
it's like would you and they say would
you be able to talk to them I'm like
well yeah but I'm I'm just going to tell
them like hey what do you want and
they're like why I just want to go play
Call of Duty I'm like okay well do you
want anything else do you want to do you
want to go to California like and they
like oh yeah I would love to do that but
yeah my my parents still pay for it I'm
like well what if they don't what would
you do and so it's like you know you got
you got to kind of find what the you
know what what's what's in it for them
and really start there not just
little you're going to do this you're
going to be like Willie it's like no
they're not going to do that again for
me it was like I felt like I didn't love
everything I did but God was giving me
that talent and I said you know what I
don't want to take the traditional path
so I'm driven by not going the
traditional path and that's again what
drove me to be great at you know
entrepreneur side of a business and
stuff like that but again that's not
taught it's more discovered and the
person's got to want it yeah absolutely
and there's a lot more that I I've had
written down that I wanted to discuss
but this has been a great conversation
yeah I'm going to have to I'm gonna have
to call this because I told you right
before I got a contract right before we
went on the show I've got to review that
I'm sure you've got you're actually for
those that are watching it you're
actually in one of your Airbnb
properties right currently I am y that's
awesome one of our airbnb’s yeah so we're
GNA have to do a part two at some
point not probably not this year but
maybe next year at some point and
talk about your Airbnb business because
I think that'll be really interesting
but I want to close with this one
question if you could go back to your
15-year-old self with the knowledge you
have now about real estate what would
you what would be one thing that you
would want to tell your 15-year-old self
about real
estate don't second guess go your gut
you know I think a lot of times as 15
or when I was starting at 15 it was like
oh what about this well they're gonna
think this they're gonna think that it's
like dude just do it just do it move
move with a sense of urgency I think
America has a problem in general I mean
you go out to a fast food restaurant you
go out to a restaurant people are not
moving with a sense of urgency I'm not
even talking about being motivated by
money or what I'm just saying like take
over your feet and do the work it's like
it and once you start doing it stop
second guessing yourself you know it's
like even if you're doing it and you're
doing it wrong well fail fast fail
forward I don't believe in the idea of
failing I just think we fall forward
because whatever we do we're just
learning and we just keep learning so
move you're learning how to do it better
exactly move quick and that's how when
you start moving even if you're not
doing the right thing you start building
momentum you know like again as you
start putting stuff out momentum starts
so I tell myself stop second guessing
and move quick I wouldn't change
anything oh what I made mistakes of
course yeah lost deals lost earnest
money I mean I probably you know lost a
ton of money great it's like great lose
faster fail fa fast and fail forward and
move with a sense of urgency that's
awesome great advice Willie thank you so
much for your time this has been
really enjoyable for me I always enjoy
talking to you just in general but
but I think that this will translate
well for the audience I think they'll
enjoy it it's probably going to I'm
probably going to run this and end of
October maybe early November we're
recording this October 16th so
it'll I'm out of town during that
period of time so that'll be a good time
to run it but anyway I really
appreciate how if people want to get a
hold of you how can they find you yeah
man if you want to get a hold of me guys
find me on Instagram it's Willy.Coleman
on Instagram and just shoot me a DM
would love to connect with you on
however I can help whether that's do you
want to deal with you or just point in
the right direction of who can help hit
me up and that's Willie
correct all right perfect yes
sir all right awesome well thank you so
much Willie thank you to everyone
watching or listening again you can find
all of my contact information in the
show notes if you need to reach out to
me for any of your real estate needs
please support the show by liking,
subscribing, rating, reviewing, and we will
talk again next time
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