Here you will find a collection of Frequently Asked Questions directed to Frank McKinney. Click here if you would like to ask Frank a question.
1. How can I Ask Frank McKinney a Question?
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If you had the opportunity to ask me one question about Succeeding in the Business of Life, The Tap, Burst This!, Dead Fred, Flying Lunchboxes, and the Good Luck Circle, The Maverick Approach To Real Estate Success or Making It Big, what would your question be? Please forward your question to frank@frank-mckinney.com
2. How are you able to take such enormous business risks - by recently finishing Acqua Liana, the world's largest and most expensive certifed "green" home, and doing so without a specific buyer in mind? How are you able to overcome the critics who keep waiting for you to fail?
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The following questions have been posted for the benefit of the media in order to conduct more thorough interviews. The answers are typically offered during these specific interviews.
Please watch or listen for various upcoming TV, radio or print interviews where Mr. McKinney often answers these important questions.
You can also find the answers in his bestselling books: The Tap; Burst This! Frank McKinney's Bubble-Proof Real Estate Strateies; Dead Fred, Flying Lunchboxes, and the Good Luck Circle; Frank McKinney's Maverick Approach To Real Estate Success-How You Can Go from a $50,000 Fixer-Upper to a $100 Million Mansion or Make it BIG!-49 Secrets For Building A Life Of Extreme Success.
Soon a certain number of the following questions will be answered here.
Thank you for your understanding.
3. In your 2nd book, FRANK MCKINNEY'S MAVERICK APPROACH TO REAL ESTATE SUCCESS: How You Can Go from a $50,000 Fixer-Upper to a $100 Million Mansion, you talk a lot about going against the conventional wisdom in real estate. What are a few of the most common practices in real estate that you don't adhere to and why?
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4. You've been flying close to the sun for years. What gives you the confidence to create markets where there were none before without getting burned?
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5. How can someone who barely graduated from high school, struggled with delinquency issues and looks like a rock star, grow up to be the premier high-end speculative builder in the world? What got you started in real estate in the first place?
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6. Have you had projects that have gone sour and were not profitable?
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7. Talk about how you finance your projects. How does one gain the trust of the banks and clients?
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8. In your real estate books you discuss three levels of buyers: the first time homebuyer, the midlevel and the ultra-wealthy. Who is the most difficult to sell to and why?
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9. How do your “philosophies,” found in your first book MAKE IT BIG! and your recent book The Tap apply to one's personal life? What kind of advice would you give to someone who seeks personal fulfillment and balance?
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10. Your foundation, the Caring House Project Foundation , provides housing for the homeless around the world. Talk about CHPF and why you are so committed to this cause.
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11. You advocate involving realtors while conventional wisdom always says cut out the middleman. Why are you pro-realtor?
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12. Can a person make a decent living using the “Burst This!” by only buying and selling lower end properties, such as fixer uppers or foreclosures, to first time buyers?
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13. FRANK MCKINNEY'S MAVERICK APPROACH TO REAL ESTATE SUCCESS deals with private homes, not commercial real estate. Can the Maverick approach be applied to buying and selling commercial real estate as well?
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14. How has your spiritual life played a role in your success?
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16. Talk about the importance of attention to detail whether someone is refurbishing a $50,000 house or building a $100-plus million mansion.
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17. To sell ultra-luxury homes, you say that "creating subliminal euphoria” is necessary. What is subliminal euphoria? Can you give us some examples?
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18. Talk about finishing your 135-mile foot race across Death Valley and why you did it.
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19. In your first book MAKE IT BIG! - 49 Secrets For Building a Life of Extreme Success you discuss making oneself a brand name in his or her community as an ingredient for success. Why is high visibility a necessary component to real estate success?
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20. In Burst This! Frank McKinney's Bubble-Proof Real Estate Strateies you say that the “no money down” approach is a guaranteed way into too much debt. Yet you also say that risk-taking is necessary. How much debt is too much? How does one know what is an acceptable, intelligent level of risk?
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21. What is your home like? How big is it?
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22. You talk a lot about doing your homework – knowing as much as you possibly can about the neighborhood in which you intend to buy: everything from recent sale prices of the homes in an area, to knowing what civic and neighborhood associations are in place. How does one find this information? Can you recommend some good resources?
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