Wholesaling Real Estate Strategy

This is a transcription of “The Great Escape” audio podcast reality show with Eric Thiele. We’re going to get into our first assignments. We’re going to learn about him and what to do. You can follow along with us here. He’s going to report back on his findings.

Sean Terry: I am here with Eric Thiele. He is driving right now, in the car, but we have him on the show for “The Great Escape,” which is our reality podcast show where Eric is going to get out of the rat race and chaos in his life right now. Eric, what do you do that puts you in this chaos? Why? What’s going on?

Eric: I am a contractor—a rental computer consultant. I live in Chicago, but I’m working in Austin, Texas, working for the state of Texas. I’m working for an agency that deals with Medicare and Medicaid, aid to dependent children, and that sort of processing, serving upwards of 20,000,000 or 25,000,000 citizens of the state of Texas. I, and one other person on my team, are the only people with the particular technology background that they need. We’re serving, like I say, upwards of 20,000,000 citizens, 70,000 employees, and there are two of us.

Sean: Wow.

Eric: Whenever one of the hundreds of servers has a problem—disk drive fails or a program dies, or, “I’m trying to log in and I can’t”—well, all those people have my phone number. It can be pretty chaotic in any given week. I make about 2% progress on my own agenda and 98% progress on all the emergencies that pop up. I’m carrying a pager, and I’m in my mid-fifties, and I’m sick and tired of waking up at 3:00 in the morning with someone having yet another problem.

Sean: Yeah, I can totally relate.

Eric: I’m really excited about getting into a different line of work. Let’s put it that way.

Sean: Yes, I can’t even imagine having your job. I have a 13-year-old daughter. I’ve got my wife of course. It seems like when there’s a technical problem, the world shuts down. I’ve got to just rush and stop everything I’m doing because the printer is offline, the network is down, or something is going on. They just completely panic. I can’t imagine having the amount of people and amount of grids that you have to maintain. People calling you all the time and your pager is probably—do you have a pager or do you just have your cell phone ringing off the hook?

Eric: Yes, it just goes to my cell phone, but yeah, the phone rings constantly.

Sean: Holy, cow. That’s crazy!

Eric: We’ve got to change those phone calls from technical problems to people wanting to buy properties.

Sean: Yes, that’s what we’re going to do. Eric, you are in your mid-50s.

Eric: Yes, I turn 55 in two weeks.

Sean: Cool, turning 55 and you commute between Chicago and Austin?

Eric: Yes, I spend about three weeks a month in Austin and one week a month in Chicago.

See “The Great Escape Episode 1″ Part 2…

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