Today, we have the pleasure of interviewing Joel Wyrick, a licensed real estate broker, investor, author, educator, and mentor. He began investing in real estate over 35 years ago, buying his first house at the age of 19 while attending college at San Jose State University (SJSU) on a Track & Field scholarship. Joel rented out four bedrooms and lived in the other, basically living rent-free.
Like all his peers, Joel planned on entering into Corporate America only to discover, just prior to graduation, that his house had appreciated at what he thought was a ridiculous level! The increased value made him ask the question, “Why should I get a corporate job when I made so much money just going to school?” This was Joel's introduction to “wealth” and subsequently also the genesis of his very popular one-day workshop, “Developing a Wealthy Mindset,” which later also became the title of his book with the same name. He never entered the corporate world. Instead, Joel became an entrepreneur. Today, he still owns the original SJSU house along with many other residential and commercial buildings.
In 2010, Joel started Wyrick Real Estate Group (WRG), a small boutique real estate company. As an investor, he owns apartment buildings, a strip mall, a licensed boarding home, a fraternity house, a self-storage warehouse, a nightclub/bar, and a restaurant. “I have been both property seller & buyer, business seller and buyer, Lessor and Lessee, because of my vast hands-on experience,” Joel states. He did not want to specialize in a certain type of real estate agency. Rather, he prides himself on being able to do it all because he has done it all. “I always question the skill sets of an agent who actually doesn't or hasn't owned the type of building they are trying to sell. To truly understand my client's desires, I believe I had to be in their same situation. I don't just sell the Kool-Aid; I drink it too. When a client asked me if the deal is good, I can look them straight in the eye and tell them. If my answer is yes, it's good. It's not uncommon for me to ask if they would consider me buying in as a partner! I'm not your typical agent. I am an agent with a wealthy mindset!” This unusual skill set gives Joel an uncanny way of brokering deals that might have never come to fruition. He brings new meaning to thinking outside of the box.
Utilizing his unique expertise, Joel has helped his clients maximize their returns in ways most other agents simply cannot do. Preston states, “I have been a real estate investor for 20 years, and I own property in multiple states and counties, so I can't use Joel for many of my deals. But I can honestly say he is the most creative agent I have worked with. I have never met another agent who can close on a deal that looked like it was dead in the water like he can. His creativity and integrity are unmatched! I stand by my statement. When Joel approached me as an investor for a syndication/LLC project, I did not hesitate to partner with him.”
Along with WRG, Joel property manages and broker's leases for his commercial and residential properties. He also is the Managing Partner of the North Capitol LLC Investment Group.
As previously mentioned, Joel often travels statewide, presenting his one-day seminar educating people on creating a wealthy mindset. This is something he sees as a very important tool to creating wealth for disadvantaged communities. “I don't care what color you are, white, black, red, yellow, or brown. The middle class is getting smaller and smaller; people of color are particularly in trouble.” His creation of the “Wealthy Mindset Scale” is this amazingly simple graph that breaks down the traits of poor, middle class, and wealthy people.
The book “Developing a Wealthy Mindset” gives you the tools and the solutions needed to create wealth for you and the generations that will follow. “It's a simple read, yet a powerful read. I will personally guarantee you will walk away knowing exactly what you need to do to become wealthy, or I will give you 100% of your money back!” states Mr. Wyrick.
Hi, Great to have you with us today! Please share some insights from your book, Developing a Wealthy Mindset.
Developing a Wealthy Mindset is about creating your foundation; It teaches how to create a new mindset in and around the world of money. After reading Developing a Wealthy Mindset, you will have the tools to do just that. Moreover, when you attend financial seminars or read other self-help books, you will have a much better chance of converting their teachings into profits. However you acquire your money, the goal here is simple: adopting a wealthy mindset that will enable you to grow your assets to give you and yours the lifestyle you desire.
Any message for our readers.
This book isn't for those seeking schemes to get rich quickly; it is more about developing the personality traits and core values needed to create, maintain, and grow wealth and pass that wealth on to others.
Fantastic! So tell us, how can people find out more about you?
You can also check out Facebook at https://www.facebook.com/Developing-a-Wealthy-Mindset-108794943944177 and @developingawealthymindset.
Thank you so much, Joel, for giving us your precious time! We wish you all the best for your journey ahead!