Cody Tuma's guest appearances

Cody Tuma

Keeping It Real Podcast • Secrets Of Top 1% REALTORS ® • Interviews With Real Estate Brokers & Agents

Entrepreneurs Circle

Lab Coat Agents Podcast

The Action Academy | Millionaire Mentorship For Your Life & Business

Todd Dexheimer

Paul Moore

Tom Zeeb

J Scott

Hal Elrod

Perry Marshall

Liz Faircloth

Scott Hollister

Tim Rhode

Whitney Sewell

John Ruhlin

M.C. Laubscher

Jenny Blake

James Altucher

Rick Stein

OwlTail

On today's episode of the Lab Coat Agents Podcast, Jeff is going to talk to Cody Tuma, a team leader broker out of the state of Oregon. In five years of his real estate business, he has found a platform called OfferForm - A tool to streamline the collection of offer information while simultaneously providing buyer education. Don’t miss his interview with valuable insights.   Episode Highlights:  Cody was in college and did some e-commerce businesses and never really thought that real estate would be on his radar. Cody got his real estate license just kind of on the side as a side gig and sold his brother's house and made like $10,000 on his first paycheck. As a real estate agent, Cody always treated himself as a business or a business owner and always thought about what he could do to bring more business. The biggest thing that Cody wanted to do was set up the appointment and meet leads actually in person, because as soon as you meet the lead in person there is more of that relationship aspect of things. Many people get into the real estate business thinking to themselves that if it's family time, I am not answering my phone, but this is not the reality to get success, you need to control your schedule, says Jeff. Cody used lion desk and it was great all-in-one compassing CRM, but the follow up system that he used then is kind of been modified to what he is using now, but it's still kind of based on the core principles. Few years ago, Cody got into the expired listings and the sale by owners, and he has similar automation set up for these. Cody has a setup in the system to where it will remind him to personally send a text or an e-mail or phone call to past client because with those people, he wants it to be as personalized as possible.  If you are not closing five to ten deals a month, there is time in the day to work on the stuff to get disciplined enough, says Jeff. The originative of OfferForm was two years ago when the real estate market was just on absolute fire. OfferForm was born out of a need out of necessity in Cody's business. There were so many data points that Cody was gathering on the offers and he had spent so much back and forth over text or phone calls on gathering up the data that he needed for the offers. Cody talks about some of the things that he is doing to stay in touch with his past customers. Cody just sent OfferForm to his buyers and they got him all the information that he needed to write the offer and if it's going to be a competitive situation then they included some questions. Cody mentioned creating evergreen videos. He talks about what that is and how he is using it to scale his business? Evergreen video is a video that can be recorded like one time and repurposed throughout like indefinitely. Evergreen video content is something that Cody can just keep reusing over and over again that allows him to scale without having to recreate that video every single time. Cody uses chime as main system, and it gives him the ease of use and the flexibility and power that he needs from the power agent's point of view. With the commercial property that Cody had purchased, he was actually able to mitigate majority of his tax liability for 2021.     3 Key Points:  Cody shares what led him to build out his own platform which is OfferForm. Cody's success especially with the online leads was making sure that he had a system in place to handle those online leads and a big part of that was a good CRM. For those with hefty tax liabilities, Cody would encourage them to look into purchasing some of the larger assets to where they can take a cost segregation study and then do bonus depreciation to deduct a lot of tax liabilities.       https://www.offerform.com/ cody@offerform.com  https://www.instagram.com/codytuma/

On today's episode of the Lab Coat Agents Podcast, Jeff is going to talk to Cody Tuma, a team leader broker out of the state of Oregon. In five years of his real estate business, he has found a platform called OfferForm - A tool to streamline the collection of offer information while simultaneously providing buyer education. Don’t miss his interview with valuable insights.   Episode Highlights: Cody was in college and did some e-commerce businesses and never really thought that real estate would be on his radar. Cody got his real estate license just kind of on the side as a side gig and sold his brother's house and made like $10,000 on his first paycheck. As a real estate agent, Cody always treated himself as a business or a business owner and always thought about what he could do to bring more business. The biggest thing that Cody wanted to do was set up the appointment and meet leads actually in person, because as soon as you meet the lead in person there is more of that relationship aspect of things. Many people get into the real estate business thinking to themselves that if it's family time, I am not answering my phone, but this is not the reality to get success, you need to control your schedule, says Jeff. Cody used lion desk and it was great all-in-one compassing CRM, but the follow up system that he used then is kind of been modified to what he is using now, but it's still kind of based on the core principles. Few years ago, Cody got into the expired listings and the sale by owners, and he has similar automation set up for these. Cody has a setup in the system to where it will remind him to personally send a text or an e-mail or phone call to past client because with those people, he wants it to be as personalized as possible.  If you are not closing five to ten deals a month, there is time in the day to work on the stuff to get disciplined enough, says Jeff. The originative of OfferForm was two years ago when the real estate market was just on absolute fire. OfferForm was born out of a need out of necessity in Cody's business. There were so many data points that Cody was gathering on the offers and he had spent so much back and forth over text or phone calls on gathering up the data that he needed for the offers. Cody talks about some of the things that he is doing to stay in touch with his past customers. Cody just sent OfferForm to his buyers and they got him all the information that he needed to write the offer and if it's going to be a competitive situation then they included some questions. Cody mentioned creating evergreen videos. He talks about what that is and how he is using it to scale his business? Evergreen video is a video that can be recorded like one time and repurposed throughout like indefinitely. Evergreen video content is something that Cody can just keep reusing over and over again that allows him to scale without having to recreate that video every single time. Cody uses chime as main system, and it gives him the ease of use and the flexibility and power that he needs from the power agent's point of view. With the commercial property that Cody had purchased, he was actually able to mitigate majority of his tax liability for 2021. 3 Key Points: Cody shares what led him to build out his own platform which is OfferForm. Cody's success especially with the online leads was making sure that he had a system in place to handle those online leads and a big part of that was a good CRM. For those with hefty tax liabilities, Cody would encourage them to look into purchasing some of the larger assets to where they can take a cost segregation study and then do bonus depreciation to deduct a lot of tax liabilities.   <a href="https://www.offerform.com/" rel="nofollow" target="_blank">https://www.offerform.com/</a> cody@offerform.com <a href="https://www.instagram.com/codytuma/" rel="nofollow" target="_blank">https://www.instagram.com/codytuma/</a>

Systems and Processes That Generated Massive Success For Cody Tuma- EP 173

Mark Lumpkin

There is a ton of data collection involved when it comes to writing an offer, with a lot of back and forth messages involved. Think about the individual’s information, price, downpayment, closing date, waive appraisal, mortgage contingency date, etc. And sometimes, you can't spend a day going back and forth – you just have to cut to the chase. Having first-hand experience of the intricacies of writing an offer, Cody Tuma and Mark Lumpkin have come up with a better way of writing offers. They have co-founded OfferForm, a data collection tool that real estate agents use to collect information from their buyers when they're getting ready to write an offer. OfferForm provides great value not just in streamlining the process, but also in educating the buyers. Here are some power takeaways from today’s conversation:  Conceptualizing the idea behind OfferForm The benefits of using OfferForm The education component The power of videos in educating buyers A team-sharing form model with a language feature Embracing the F word  Episode Highlights: The Benefits of Using OfferForm Data collection is so important when a real estate agent is working with a buyer because they need to get all the information from them in order to submit an offer. The traditional way of writing an offer is you've got to call/text/email your buyer or sit them down in person with a lot of back and forth messages. OfferForm provides a better way to do that to streamline the process so you have more time freedom in your business. OfferForm also puts some of the power in the hands of the consumer by becoming part of the process. Educating the Buyer OfferForm is not just a powerful tool for the agent, but also for the consumer. A lot of buyers don’t fully understand certain terminologies such as earnest money or seller concessions. And so, OfferForm also provides education to the buyers through their forums and animated videos explaining these different terms. OfferForm simplifies the realtor's life, but it also simplifies the consumer at the same time. This adds to the relationship component of the realtor and the buyer. As an agent, you’re seen as the expert while the buyer feels empowered with their decision-making because they have the ability to educate themselves and do it at their own pace. Resources Mentioned: www.OfferForm.me cody@offerform.me mark@offerform.me www.GoBundance.com Lisa Hulbert: www.compass.com/agents/lisa-candella-hulbert--- Support this podcast: https://podcasters.spotify.com/pod/show/erikecabral/support

There is a ton of data collection involved when it comes to writing an offer, with a lot of back and forth messages involved. Think about the individual’s information, price, downpayment, closing date, waive appraisal, mortgage contingency date, etc. And sometimes, you can't spend a day going back and forth – you just have to cut to the chase. Having first-hand experience of the intricacies of writing an offer, Cody Tuma and Mark Lumpkin have come up with a better way of writing offers. They have co-founded OfferForm, a data collection tool that real estate agents use to collect information from their buyers when they're getting ready to write an offer. OfferForm provides great value not just in streamlining the process, but also in educating the buyers. Here are some power takeaways from today’s conversation: <ul> <li>Conceptualizing the idea behind OfferForm</li> <li>The benefits of using OfferForm</li> <li>The education component</li> <li>The power of videos in educating buyers</li> <li>A team-sharing form model with a language feature</li> <li>Embracing the F word</li> </ul> Episode Highlights: The Benefits of Using OfferForm Data collection is so important when a real estate agent is working with a buyer because they need to get all the information from them in order to submit an offer. The traditional way of writing an offer is you've got to call/text/email your buyer or sit them down in person with a lot of back and forth messages. OfferForm provides a better way to do that to streamline the process so you have more time freedom in your business. OfferForm also puts some of the power in the hands of the consumer by becoming part of the process. Educating the Buyer OfferForm is not just a powerful tool for the agent, but also for the consumer. A lot of buyers don’t fully understand certain terminologies such as earnest money or seller concessions. And so, OfferForm also provides education to the buyers through their forums and animated videos explaining these different terms. OfferForm simplifies the realtor's life, but it also simplifies the consumer at the same time. This adds to the relationship component of the realtor and the buyer. As an agent, you’re seen as the expert while the buyer feels empowered with their decision-making because they have the ability to educate themselves and do it at their own pace. Resources Mentioned: <a href="http://www.offerform.me/" rel="nofollow" target="_blank">www.OfferForm.me</a> <a href="mailto:cody@offerform.me">cody@offerform.me</a> <a href="mailto:mark@offerform.me">mark@offerform.me</a> <a href="http://www.gobundance.com/" rel="nofollow" target="_blank">www.GoBundance.com</a> Lisa Hulbert: <a href="http://www.compass.com/agents/lisa-candella-hulbert" rel="nofollow" target="_blank">www.compass.com/agents/lisa-candella-hulbert</a>--- Support this podcast: <a href="https://podcasters.spotify.com/pod/show/erikecabral/support" rel="payment nofollow" target="_blank">https://podcasters.spotify.com/pod/show/erikecabral/support</a>

E199: Systematizing Your Real Estate Business with Cody Tuma and Mark Lumpkin

Financial Friday Episode TWO - Cody Tuma. Diving into cold hard numbers, Income, networth, $ returns and investments. Cody Tuma is a realtor based in Bend Oregon with a net worth of 2 million at 29 years old. Cody was a realtor for years and saw that there was a massive demand for new build homes, so he started buying land and calling builders. Fast forward to making $50-100,000 profit per home and he decided it was finally time to move into commercial investing. Follow along for the journey from all of this to the creation of his company OfferForm - a new software for realtors and brokerages.In this episode we break down the exact investment strategies he uses for the following asset classes:-Commercial Distribution Centers-Raw Land-New Build Spec HomesAccredited Investor and Interested in learning more about Gobundance?Website: https://www.gobundance.com/membershipBook a Call to Learn More: https://calendly.com/brianluebben/grablifebigInterested in Mindset / Business Coaching?Learn about/from Jason Drees: https://www.buzzsprout.com/1862491/9560562Book a Call to Learn More: https://coachjasondrees.as.me/20minintrobrianluebben@codytumahttps://www.541homesales.com/aboutWe Help People Quit Their Jobs, Build Their Own Businesses, And Impact The World.Want to Learn How To Grow Passive Income Through Business &amp; Real Estate Investing? Check Out Our Action Academy CommunityClaim Your Free 15 Minute Freedom Coaching Call :https://calendly.com/brianluebben/action-academy-free-consult-call-15-minLearn How To Buy Real Estate &amp; Businesses In 5 Minutes Per Week:Join Our Weekly Newsletter Follow Me As I Travel &amp; Build:Twitter @theactionpodIG @brianluebbenTiktok @brianluebben

Financial Friday Episode TWO - Cody Tuma. Diving into cold hard numbers, Income, networth, $ returns and investments.  Cody Tuma is a realtor based in Bend Oregon with a net worth of 2 million at 29 years old. Cody was a realtor for years and saw that there was a massive demand for new build homes, so he started buying land and calling builders. Fast forward to making $50-100,000 profit per home and he decided it was finally time to move into commercial investing. Follow along for the journey from all of this to the creation of his company OfferForm - a new software for realtors and brokerages. In this episode we break down the exact investment strategies he uses for the following asset classes: -Commercial Distribution Centers -Raw Land -New Build Spec Homes Accredited Investor and Interested in learning more about Gobundance? Website: <a href="https://www.gobundance.com/membership" rel="nofollow" target="_blank">https://www.gobundance.com/membership</a> Book a Call to Learn More: <a href="https://calendly.com/brianluebben/grablifebig" rel="nofollow" target="_blank">https://calendly.com/brianluebben/grablifebig</a> Interested in Mindset / Business Coaching? Learn about/from Jason Drees: <a href="https://www.buzzsprout.com/1862491/9560562" rel="nofollow" target="_blank">https://www.buzzsprout.com/1862491/9560562</a> Book a Call to Learn More: <a href="https://coachjasondrees.as.me/20minintrobrianluebben" rel="nofollow" target="_blank">https://coachjasondrees.as.me/20minintrobrianluebben</a> @codytuma <a href="https://www.541homesales.com/about" rel="nofollow" target="_blank">https://www.541homesales.com/about</a>We Help People Quit Their Jobs, Build Their Own Businesses, And Impact The World. Want to Learn How To Grow Passive Income Through Business &amp; Real Estate Investing? <a href="https://theactionacademy.co" rel="nofollow" target="_blank">Check Out Our Action Academy Community</a> Claim Your Free 15 Minute Freedom Coaching Call : <a href="https://calendly.com/brianluebben/action-academy-free-consult-call-15-min" rel="nofollow" target="_blank">https://calendly.com/brianluebben/action-academy-free-consult-call-15-min</a> Learn How To Buy Real Estate &amp; Businesses In 5 Minutes Per Week: <a href="https://brianluebben.com/newsletter" rel="nofollow" target="_blank">Join Our Weekly Newsletter</a> Follow Me As I Travel &amp; Build: Twitter <a href="https://twitter.com/theactionpod" rel="nofollow" target="_blank">@theactionpod</a> IG <a href="https://www.instagram.com/brianluebben/?hl=en" rel="nofollow" target="_blank">@brianluebben</a> Tiktok <a href="https://www.tiktok.com/@brianluebben" rel="nofollow" target="_blank">@brianluebben</a>

From College to 2 Million Net Worth at 28 Years Old | Cody Tuma