The Origin Story of Austin Rutherford: Flipping His First House at 20 and Making Six Figures

In this podcast episode, Austin Rutherford tells his origin story of going from aspiring ball player to successful real estate entrepreneur, highlighting the importance of visualization and setting goals. 

 

In this episode, you will learn: 

1. How did Austin Rutherford go from a baller to becoming a successful real estate entrepreneur?
2. What was the light bulb moment that led Austin to begin investing in real estate?
3. What sets athletes apart from other people, in Austin's opinion?

"Money solves problems. Money provides a lot of things. A lot of things in this world. Can't I go to argue? Almost anything, any problem can be solved with money. So if you have money, you don't have problems anymore."

 

Austin Rutherford is a real estate entrepreneur, investor, and coach who has been in the business since he was 20 years old. He is the founder of Rutherford Investments and has completed over 300 deals.

 

This is Austin Rutherford's story...

 

Austin Rutherford is a real estate entrepreneur who has been in the business since he was 20 years old. He started out by flipping his first house and then went on to mentor and coach others in the industry. He is currently sitting down with Sam for an interview on The Origin Story. Austin shares his story of always wanting to be rich and how he finally found his breakthrough by reading the book, Think and Grow Rich by Napoleon Hill. He talks about how this opened his mind to the possibilities of success outside of being an athlete or a rapper and how he then went on to buy his first rental property. Today, Austin has done 300 plus deals and continues to grow his business.

 

In this episode, you will learn the following:

1. How did Austin Rutherford go from hating basketball to becoming a successful real estate entrepreneur?
2. What was the light bulb moment that led Austin to begin investing in real estate?
3. What sets athletes apart from other people, in Austin's opinion?

Chapter Summaries:

[00:00:02] - Today on the origin story, Sam will introduce his guest, Austin Rutherford. Austin is a real estate entrepreneur and investor. He has been in the game since he was 20 years old and is a coach and a mentor. Sam likes to bring on guests who are actually doing it right.

 

[00:01:08] - Austin has been involved in real estate entrepreneurship for almost a year. He came to Austin early on. Austin and Tim Bronze got 75 million doors from Tim Bronze. Austin will talk about this later on. He will also talk about how he came to meet Austin.

 

[00:02:21] - Austin. Grew up in Columbus, Ohio. Moved to Arizona to play a year of basketball out there at a prep school to pursue the NBA dream. In Phoenix, he picked up a ballet job. He was sitting on his rooftop journaling. He read a book called Think and Grow Rich by Napoleon Hill. He bought his first rental property when he was 20 years old. Bought his second house at 21. Flipped that six months later. Made $107000 net profit four days after his 22nd birthday. Reinvested every penny into the business.

 

[00:05:34] - As a kid. He always wanted to be rich. His parents always provided for him. But they never had the massive houses, the Ferraris, Lambos or anything like that. He loves competition and he loves to win. He picked up a book in Phoenix, Arizona, while he was playing basketball and it changed his life.

 

[00:07:21] - Sam used to own a gym and did a podcast series with his trainers every week. Sam is not a big reader, but he read a lot in school and he loves knowledge and wisdom. Sam lets his trainers read the books and then he comes in and absorbs the wisdom.

 

[00:08:12] - Austin has been an entrepreneur his entire life. His parents raised him to be competitive and he wanted to be an entrepreneur. His childhood dream was to become an NBA player. He used to work out all day, every day. Three times a day, he would ride his bike to the YMCA at 5:00 am. His dad supported him.

 

[00:11:24] - Athletes are hyper visualizers and they put the process first, which sets them apart from other people in the Same way that they are hyper-focused during training. They focus on their training more than on the actual game day. It's one of the most powerful things out there.

 

[00:14:07] - Logan is an entrepreneur. He believes that people should focus on what they want in life and not on their business. He is young in the industry and he is doing well. Logan believes that if he wants to become a billionaire one day, he needs to change his lifestyle.

 

[00:18:11] - At 22 years old, he started a business that made him $107000 profit. He was still in college, taking 15 credit hours. 90 days later, he flipped his second house and made $150000 in a four month period. He quit his ballet job and went all in on real estate.

 

[00:19:46] - At the beginning, Ethan was wholesaling marketing and flipping houses. Now he's trying to build legacy wealth. He wants to buy as many rentals as possible in Columbus, Ohio, and put it out to the Universe Countrywide. Logan Scolded ethan, when he wanted to sell a critical property,

 

[00:23:21] - Logan moved to Florida about a year and a half ago. He is still buying deals in Columbus. Sam lives in California. Sam advises Logan to move to any of the 49 states. Logan will see Sam in Arizona. Soon. “i. Know, to listen to people who are wealthy and make a lot of money and just don't question it”.

 

[00:24:09] - Some of his friends are in California because they have a lot of money and they want to grow their business. He has friends who are in La Jolla near San Diego, and they have nothing. He is in the season where quality of life is the number and he needs to get out.

 

[00:25:44] - How has social media impacted your growth, your trajectory, your business? I would love to hear your take on that, because you have a massive following. Social media changes everything. It's important for anybody who wants to grow. I've done a lot of different avenues in real estate, and many of them came from social media.

 

[00:26:58] - Tik Tok started his business on social media. His first Facebook Live was a failure. His business is doing okay, but he feels he could do better if he used social media more often. Tik Tok got a Tik Tok, but it was too late for him.

 

[00:31:59] - Logan and Logan are building their brand on social media. Logan doesn't read comments because he gets high emotions and low emotions. So he tries to stay away from it. It took Logan 16 months to do his first real estate deal. He believes social media is not about him. It's about reaching more people.

 

[00:37:14] - Austin feels like he's broke every day in his business. He doesn't know his net worth, but he knows he's worth millions. He has a fiancee and he wants to live in the house he bought for a year. He misses out on opportunities a month or two at a time because he's busy.

 

[00:41:42] - Logan is in a growth mode right now. He has faith, family, finances and fitness. He's getting married in six months and he's taking dancing lessons for the wedding. He travels a lot for his business and for his family. He was in the fitness industry for ten years.

 

[00:46:57] - There's going to be a lot of rapid change coming your way probably over the next couple of years. You are getting married in April. The number has always been 100 million. You can't get there in single family real estate or multifamily real estate, but it's syndications, partnerships and management.

 

[00:48:18] - In today's world real estate credit is going to continue to grow. Building a brand, building social media, and building podcast with a podcast studio is important. Cryptocurrency is bad right now, but it will be a completely different topic in 5-10 years.

 

[00:49:00] - Sam has less than $2000 in crypto. He misses it a little, but he's singularly focused on real estate and social media at the moment. He's not an investor in crypto at all, but not in any way, shape or form meaningful.

 

[00:49:25] - Austin believes that in the future, cryptocurrencies will be more valuable than they are today. Austin's older brother retired on crypto investments. Austin believes smart contracts will eliminate so much logistical human error and solve real world problems in the near future. Austin hasn't invested in cryptocurrencies in a big way.

 

[00:51:31] - Ed is investing in Bitcoin, Etherium, cardano and other cryptocurrencies. He believes that making money is not difficult, it's just different for most people. Ed believes in diversification and social media as a way to build a brand. Ed is interested in being the power of being the one person in his family.

 

[00:55:40] - Sam is interested in investing in multiple types of businesses outside of real estate. He's in real estate, in social media, in crypto and in private equity. He doesn't have a drop shipping business yet, but he's looking for the opportunities. Sam's father is a multibillionaire.

 

[00:58:04] - According to his mentor, you have to write a book. He wrote his first book called From Valet a Millionaire three years ago. He did a book tour less than a year ago. His new book is called Get Free Houses. It's a guide to creating wealth without using your own money.

 

[01:00:02] - Mentorship is about learning and compressing time. Clothots is a business owner who spends a lot of money on masterminds and education and mentorships. Mark Evans DM has been his mentor for 4 or 5 years. He's part of Kent's Mastermind and he's also part of other Mastermind's.

 

[01:04:56] - Logan Manzanares is doing a bit of coaching. He has two programs called Elevate coaching and Elevate family. He is about to be married. Laurie invites Austin Rutherford to connect with him on Instagram TikTok. Austin Rutherford and YouTube.

Connect with us:

Instagram: https://www.instagram.com/loganleemanzanares, https://www.instagram.com/archsamsingh/

Facebook: https://www.facebook.com/manzanares.loganlee, https://www.facebook.com/profile.php?id=100013702981440

YouTube: https://www.youtube.com/channel/UCaZLgWsHfj2iZG9lN8jXJmg, https://www.youtube.com/c/archsamsingh

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