Success in family and business with Jim Sheils

The Cashflow Project

Join Steve Fierro in this episode of The Cashflow Project, as he sits down with Jim Sheils and discuss how it is possible to take care of both your business and your family together. Jim's successful career in real estate is matched with his success in his family life, bringing a heartwarming and inspiring message of being able to buy back time to spend with your family.

For a lot of entrepreneurs, focusing and growing a business requires time away from the family with an earnest hope that they would understand. But, despite their understanding, does your family dynamic really stay the same or as expected when you're not around?

Tune in to this very interesting conversation.

Outline of the episode:

01:17 – Jim's journey into Real Estate and lessons along the way

04:02 – On current markets and being better prepared.

05:13 – Jim's business strategies over time

06:54 – Challenges in older properties and the 3-year curse

10:24 – Starting small with better quality.

12:06 – Benefits of a modern property

14:13 – The real estate market in Florida

16:33 – On hyperlocal nature of real estate

17:49 – On holding high quality hard assets.

19:20 – About 18 Summers, and Jim's family life

21:10 – Success is debatable if you lose your family.

22:19 – Real Estate as a leveraging tool

23:30 – The math of 18 summers and making it count.

25:02 – The impact of not being present for your family.

26:39 – You can have the best of both worlds.

31:19 – A new book: The Passive Income Playbook

33:17 – Fire Round: Best Book

34:09 – Fire Round: What's your superpower?

34:33 – Fire Round: Biggest lesson learned so far

35:22 – Advise for the busy working professional

About Jim Sheils:

Jim Sheils is a full-time real estate investor for over twenty-two years, completing over 2,000 acquisitions and rehabs. After his start in Bakersfield CA, he came to Florida to follow the long-term growth patterns he was seeing predicted for the southeastern United States.

Post 2008, his company, Jax Wealth Investments focused on bulk foreclosure acquisitions for several years until creating a joint venture with Carter and Chris Funk to focus on the emerging “Build To Rent” model.

In 2022, after over $300 million in deals together, Jim came on as a full partner in SI Homes. This dynamic partnership has enabled him to better develop key initiatives and relationships with both clients and strategic partners.

In addition to real estate, Jim is co-founder of the company 18 Summers and best-selling author of the popular book “The Family Board Meeting”. His family talks have been delivered on stages worldwide and are a matching core value for our team and many of our clients.

Connect with Jim Sheils …

Website: https://southernimpressionhomes.com

Website: https://www.18summers.com/

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