{"id":78919,"date":"2021-07-07T09:30:00","date_gmt":"2021-07-07T15:30:00","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=78919"},"modified":"2023-03-28T06:47:06","modified_gmt":"2023-03-28T12:47:06","slug":"arnold-schwarzenegger-real-estate","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/arnold-schwarzenegger-real-estate","title":{"rendered":"4 Essential Real Estate Lessons from Arnold Schwarzenegger"},"content":{"rendered":"\n\n      <iframe loading=\"lazy\" frameborder=\"0\" height=\"200\" scrolling=\"no\" src=\"https:\/\/playlist.megaphone.fm?e=BIGPOC6583731391&#038;light=false\" width=\"100%\"><\/iframe>  \n\n\n\n\n<p>Arnold Schwarzenegger is incredibly famous due to his movies, his bodybuilding titles, his life in politics, and his marriage into the renowned Shriver family.<\/p>\n\n\n\n<p>But not many know that Arnold first became financially stable\u2014and eventually independent\u2014not from the movie business but through investing in real estate. He had a vision early on of what the result would look like, and he was focused and driven to that end.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">A relentless pursuit of goals<\/h2>\n\n\n\n<p>At a young age, Arnold was charismatic, creative, and driven. He had dreams of going to America and becoming a bodybuilding champion, a movie star, and financially independent through real estate. He became relentless in his pursuit.<\/p>\n\n\n\n<p>This story is not unique. There are many incredible stories of immigrants who moved to the United States and built fortunes, businesses, and lives. But the thing that stands out about Arnold is how pragmatic he was in his approach, persistent in his learning, and driven to grow as a person and in business. He was able to lay out steps to get to each goal and quite literally check things off the list as he achieved them.<\/p>\n\n\n\n<p>In previous blog posts, I\u2019ve talked a lot about saying \u201cno\u201d to everything so you can say \u201cyes\u201d to the \u201cone thing.\u201d Arnold was a master at this. He trained in bodybuilding with vigor. He learned about the business, aligned himself with the best competitors, worked with the best trainers, and eventually became one of the greatest bodybuilders of all time.<\/p>\n\n\n\n<p>He was eventually invited to America for a bodybuilding competition. He set his sights on his next goal of moving to the U.S. and becoming a movie star. While training and winning more competitions worldwide, he grew a small business out of his apartment and found time to attend acting school. Although others around him suggested he would not land good roles or that his accent and body would hold him back, he always believed he would be a leading man. He waited until the right part came along, and he took the opportunity.<\/p>\n\n\n\n<p>By his mid-30s, Arnold had become an instantly recognizable movie star and had made an incredible amount of money. But he had already become a millionaire well before that. He became financially independent by buying, accumulating, and investing in real estate. His first purchase wasn\u2019t a single-family home; it was a small apartment building that covered his monthly cost of living. And he continued to invest his earnings into real estate deals that made sense. He learned from mentors and partners in the business.<\/p>\n\n\n\n<p>Today, it\u2019s estimated that his net worth is in the $400 million range. He has made millions in movies, but he created his wealth through real estate by reinvesting the income into assets. While other acting and bodybuilding friends were working for an income, he started building his passive income early on to support him while he pursued whatever he wanted to. He understood how real estate would enable him to do what he wanted and not trade time for dollars in his life.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n  <div id=\"posts_lists-block_60d35d88a513a\" class=\"  my-10\">\n    <div class=\"\">\n      <!-- Column One -->\n      <div>\n                  <h2 class=\"mt-0 mb-1 js-toc-ignore\">\n            More on personal development from BiggerPockets          <\/h2>  \n                  \n                  <div class=\"mt-1 mb-0 text-sm mb-2 excerpt\">\n            Real estate investing is a continual learning process. Mistakes and lessons learned characterize almost every investor&#8217;s career. The great thing about BiggerPockets is that it allows you to learn from the triumphs and failures of other investors around the country. Spending the time to learn from others&#8217; experience can significantly speed up your real estate portfolio growth and help you to avoid setbacks.\r\n\r\nThis section of the BiggerPockets Blog is dedicated to those types of posts that help investors become successful in real estate and avoid mistakes that others have made in the past. You can read up on more similar stories and discussions in our <a href=\"https:\/\/www.biggerpockets.com\/forums\/223-biggerpockets-success-stories\" target=\"_blank\">Real Estate Success Stories Forum<\/a>.          <\/div>\n        \n                  <a href=\"https:\/\/www.biggerpockets.com\/blog\/category\/managing-scaling\/personal-development\" class=\"no-underline text-themeBlue-medium hover:underline uppercase font-semibold text-sm\" target=\"_blank\">Personal Development &amp; Goals<\/a>\n        \n        <div class=\"grid grid-cols-1 gap-y-4 lg:gap-y-7 mt-5\">\n          \n<article \n\tid=\"post-184627\" \n\tclass=\"content-card mb-0 flex flex-col  post-184627 post type-post status-publish format-standard has-post-thumbnail hentry category-personal-development\">\n\n\t<header class=\"entry-header\">\t\t\t\n\t\t<!-- Image -->\n        \t\t\t<a class=\"post-thumbnail\" href=\"https:\/\/www.biggerpockets.com\/blog\/the-five-habits-of-highly-successful-real-estate-investors\" target=\"_blank\" aria-hidden=\"true\" tabindex=\"-1\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"340\" height=\"225\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2025\/09\/habits_canva-340x225.jpg\" class=\"size-card w-full  m-0 aspect-[68\/45] object-scale-down wp-post-image\" alt=\"The Five Habits of Highly Effective Real Estate Investors\" title=\"\">\t\t\t<\/a>\n\t\t        \n\n\t\t<!-- Content Wrapper -->\n\t\t<div class=\"py-4 \">\t\n                            <div class=\"flex gap-4 justify-between items-center\">\n                    <!-- Category  -->\n                                            <a href=\"https:\/\/www.biggerpockets.com\/blog\/category\/managing-scaling\/personal-development\" class=\"transition-colors bg-themeBlue\/20 text-themeBlue-medium hover:bg-themeBlue hover:text-white px-2 py-1 mb-2 inline-block rounded-sm no-underline text-sm\" target=\"_blank\">Personal Development &amp; Goals<\/a>\n                    \n                                            <span class=\"text-sm text-gray-500 hidden lg:inline-block\">7 min read<\/span>\n                                    <\/div>\n            \n           <div class=\"flex gap-3 items-center my-2 flex-nowrap text-base\">\n                <!-- Avatar and Author Name -->\n                <img decoding=\"async\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/04\/cropped-Tony02-1-scaled-1-150x150.jpg\" class=\"w-8 h-8 object-cover my-0 inline-block rounded-full\" alt=\"\" title=\"\"><span class='leading-snug text-slate-500 flex items-center'><span class='hidden whitespace-nowrap sm:inline-block md:hidden lg:inline-block pr-1'><span class='posted-on'><time class=\"entry-date published\" datetime=\"2025-09-08T16:16:56-06:00\">Sep 08, 2025<\/time><time class=\"updated\" datetime=\"2025-09-08T16:16:59-06:00\">Sep 08, 2025<\/time><\/span><\/span>&nbsp;<a href=\"https:\/\/www.biggerpockets.com\/blog\/contributors\/tonyrobinson\" class=\"no-underline line-clamp-1\" target=\"_blank\">Tony Robinson<\/a><\/span>            <\/div>\n\n            <!-- Post title -->\n\t\t\t<h2 class=\"entry-title js-toc-ignore mt-4 mb-0 text-xl leading-snug text-left\">\n\t\t\t\t<a href=\"https:\/\/www.biggerpockets.com\/blog\/the-five-habits-of-highly-successful-real-estate-investors\" rel=\"bookmark\" class=\"whitespace-normal no-underline font-bold  text-slate visited:text-slate hover:text-themeBlue\" target=\"_blank\">\n\t\t\t\t\tThe Five Habits of Highly Effective Real Estate Investors\t\t\t\t<\/a>\n\t\t\t<\/h2>\n\t\t\t\n                        <p class=\"text-lg font-normal mt-3 text-slate-500 mb-1 line-clamp-3\">Here&#8217;s what nobody tells you about real estate investing: Finding great deals is only half the battle. The other half? Building operational systems that turn those deals into lasting wealth.&hellip;<\/p>\n\t\t<\/div>\n\t<\/header>\n     <footer class=\"flex justify-between mt-auto\">\n        <!-- Comment Count -->\n        \t\t<span class='flex items-center space-x-2 text-sm' x-cloak x-data='commentCount()' :class=\"parseFloat(commentCount) < 1 || commentCount == '' ? 'hidden' : 'flex'\">\n\t\t\n            <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"h-5 w-5 text-slate text-opacity-50\" fill=\"none\" viewBox=\"0 0 24 24\" stroke=\"currentColor\">\n                <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M17 8h2a2 2 0 012 2v6a2 2 0 01-2 2h-2v4l-4-4H9a1.994 1.994 0 01-1.414-.586m0 0L11 14h4a2 2 0 002-2V6a2 2 0 00-2-2H5a2 2 0 00-2 2v6a2 2 0 002 2h2v4l.586-.586z\" \/>\n            <\/svg>\n\n            <span x-ref=\"comment_count\" class=\"disqus-comment-count text-slate text-opacity-80\" data-disqus-identifier=\"184627\">\n\t\t\t\t\t\t\t<\/span>\n        <\/span>\n\t    <\/footer>\n<\/article><!-- #post-184627 -->\n<article \n\tid=\"post-183425\" \n\tclass=\"content-card mb-0 flex flex-col  post-183425 post type-post status-publish format-standard has-post-thumbnail hentry category-personal-development\">\n\n\t<header class=\"entry-header\">\t\t\t\n\t\t<!-- Image -->\n        \t\t\t<a class=\"post-thumbnail\" href=\"https:\/\/www.biggerpockets.com\/blog\/bpcon-2024-i-came-for-the-real-estate-stayed-for-the-weirdos\" target=\"_blank\" aria-hidden=\"true\" tabindex=\"-1\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"340\" height=\"225\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2025\/06\/Klip-Video-Still-2024-11-13-0131pm-3-340x225.jpeg\" class=\"size-card w-full  m-0 aspect-[68\/45] object-scale-down wp-post-image\" alt=\"BPCON 2024: I Came For the Real Estate, Stayed For the Weirdos\" title=\"\">\t\t\t<\/a>\n\t\t        \n\n\t\t<!-- Content Wrapper -->\n\t\t<div class=\"py-4 \">\t\n                            <div class=\"flex gap-4 justify-between items-center\">\n                    <!-- Category  -->\n                                            <a href=\"https:\/\/www.biggerpockets.com\/blog\/category\/managing-scaling\/personal-development\" class=\"transition-colors bg-themeBlue\/20 text-themeBlue-medium hover:bg-themeBlue hover:text-white px-2 py-1 mb-2 inline-block rounded-sm no-underline text-sm\" target=\"_blank\">Personal Development &amp; Goals<\/a>\n                    \n                                            <span class=\"text-sm text-gray-500 hidden lg:inline-block\">3 min read<\/span>\n                                    <\/div>\n            \n           <div class=\"flex gap-3 items-center my-2 flex-nowrap text-base\">\n                <!-- Avatar and Author Name -->\n                <img decoding=\"async\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2025\/06\/cropped-Andy-Headshot-150x150.jpeg\" class=\"w-8 h-8 object-cover my-0 inline-block rounded-full\" alt=\"\" title=\"\"><span class='leading-snug text-slate-500 flex items-center'><span class='hidden whitespace-nowrap sm:inline-block md:hidden lg:inline-block pr-1'><span class='posted-on'><time class=\"entry-date published\" datetime=\"2025-06-20T11:18:22-06:00\">Jun 20, 2025<\/time><time class=\"updated\" datetime=\"2025-06-20T11:19:25-06:00\">Jun 20, 2025<\/time><\/span><\/span>&nbsp;<a href=\"https:\/\/www.biggerpockets.com\/blog\/contributors\/andygil\" class=\"no-underline line-clamp-1\" target=\"_blank\">Andy Gil<\/a><\/span>            <\/div>\n\n            <!-- Post title -->\n\t\t\t<h2 class=\"entry-title js-toc-ignore mt-4 mb-0 text-xl leading-snug text-left\">\n\t\t\t\t<a href=\"https:\/\/www.biggerpockets.com\/blog\/bpcon-2024-i-came-for-the-real-estate-stayed-for-the-weirdos\" rel=\"bookmark\" class=\"whitespace-normal no-underline font-bold  text-slate visited:text-slate hover:text-themeBlue\" target=\"_blank\">\n\t\t\t\t\tBPCON 2024: I Came For the Real Estate, Stayed For the Weirdos\t\t\t\t<\/a>\n\t\t\t<\/h2>\n\t\t\t\n                        <p class=\"text-lg font-normal mt-3 text-slate-500 mb-1 line-clamp-3\">There\u2019s nothing like the looming threat of a Category 5 hurricane to test a real estate investor\u2019s priorities. As Hurricane Milton swirled off the coast last year\u2014about as uncertain as&hellip;<\/p>\n\t\t<\/div>\n\t<\/header>\n     <footer class=\"flex justify-between mt-auto\">\n        <!-- Comment Count -->\n        \t\t<span class='flex items-center space-x-2 text-sm' x-cloak x-data='commentCount()' :class=\"parseFloat(commentCount) < 1 || commentCount == '' ? 'hidden' : 'flex'\">\n\t\t\n            <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"h-5 w-5 text-slate text-opacity-50\" fill=\"none\" viewBox=\"0 0 24 24\" stroke=\"currentColor\">\n                <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M17 8h2a2 2 0 012 2v6a2 2 0 01-2 2h-2v4l-4-4H9a1.994 1.994 0 01-1.414-.586m0 0L11 14h4a2 2 0 002-2V6a2 2 0 00-2-2H5a2 2 0 00-2 2v6a2 2 0 002 2h2v4l.586-.586z\" \/>\n            <\/svg>\n\n            <span x-ref=\"comment_count\" class=\"disqus-comment-count text-slate text-opacity-80\" data-disqus-identifier=\"183425\">\n\t\t\t\t\t\t\t<\/span>\n        <\/span>\n\t    <\/footer>\n<\/article><!-- #post-183425 -->\n<article \n\tid=\"post-182653\" \n\tclass=\"content-card mb-0 flex flex-col  post-182653 post type-post status-publish format-standard has-post-thumbnail hentry category-personal-development\">\n\n\t<header class=\"entry-header\">\t\t\t\n\t\t<!-- Image -->\n        \t\t\t<a class=\"post-thumbnail\" href=\"https:\/\/www.biggerpockets.com\/blog\/libraries-are-still-useful\" target=\"_blank\" aria-hidden=\"true\" tabindex=\"-1\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"340\" height=\"225\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/11\/books-340x225.jpg\" class=\"size-card w-full  m-0 aspect-[68\/45] object-scale-down wp-post-image\" alt=\"Libraries Are Still Useful!\" title=\"\">\t\t\t<\/a>\n\t\t        \n\n\t\t<!-- Content Wrapper -->\n\t\t<div class=\"py-4 \">\t\n                            <div class=\"flex gap-4 justify-between items-center\">\n                    <!-- Category  -->\n                                            <a href=\"https:\/\/www.biggerpockets.com\/blog\/category\/managing-scaling\/personal-development\" class=\"transition-colors bg-themeBlue\/20 text-themeBlue-medium hover:bg-themeBlue hover:text-white px-2 py-1 mb-2 inline-block rounded-sm no-underline text-sm\" target=\"_blank\">Personal Development &amp; Goals<\/a>\n                    \n                                            <span class=\"text-sm text-gray-500 hidden lg:inline-block\">1 min read<\/span>\n                                    <\/div>\n            \n           <div class=\"flex gap-3 items-center my-2 flex-nowrap text-base\">\n                <!-- Avatar and Author Name -->\n                <img decoding=\"async\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2025\/04\/cropped-amberly-grant-150x150.webp\" class=\"w-8 h-8 object-cover my-0 inline-block rounded-full\" alt=\"\" title=\"\"><span class='leading-snug text-slate-500 flex items-center'><span class='hidden whitespace-nowrap sm:inline-block md:hidden lg:inline-block pr-1'><span class='posted-on'><time class=\"entry-date published\" datetime=\"2025-05-08T12:10:06-06:00\">May 08, 2025<\/time><time class=\"updated\" datetime=\"2025-05-08T12:10:26-06:00\">May 08, 2025<\/time><\/span><\/span>&nbsp;<a href=\"https:\/\/www.biggerpockets.com\/blog\/contributors\/amberlygrant\" class=\"no-underline line-clamp-1\" target=\"_blank\">Amberly Grant<\/a><\/span>            <\/div>\n\n            <!-- Post title -->\n\t\t\t<h2 class=\"entry-title js-toc-ignore mt-4 mb-0 text-xl leading-snug text-left\">\n\t\t\t\t<a href=\"https:\/\/www.biggerpockets.com\/blog\/libraries-are-still-useful\" rel=\"bookmark\" class=\"whitespace-normal no-underline font-bold  text-slate visited:text-slate hover:text-themeBlue\" target=\"_blank\">\n\t\t\t\t\tLibraries Are Still Useful!\t\t\t\t<\/a>\n\t\t\t<\/h2>\n\t\t\t\n                        <p class=\"text-lg font-normal mt-3 text-slate-500 mb-1 line-clamp-3\">Reading is something that I love to do. I also love watching TV, so don\u2019t think I am over here, on my high horse, talking about how I just read&hellip;<\/p>\n\t\t<\/div>\n\t<\/header>\n     <footer class=\"flex justify-between mt-auto\">\n        <!-- Comment Count -->\n        \t\t<span class='flex items-center space-x-2 text-sm' x-cloak x-data='commentCount()' :class=\"parseFloat(commentCount) < 1 || commentCount == '' ? 'hidden' : 'flex'\">\n\t\t\n            <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"h-5 w-5 text-slate text-opacity-50\" fill=\"none\" viewBox=\"0 0 24 24\" stroke=\"currentColor\">\n                <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M17 8h2a2 2 0 012 2v6a2 2 0 01-2 2h-2v4l-4-4H9a1.994 1.994 0 01-1.414-.586m0 0L11 14h4a2 2 0 002-2V6a2 2 0 00-2-2H5a2 2 0 00-2 2v6a2 2 0 002 2h2v4l.586-.586z\" \/>\n            <\/svg>\n\n            <span x-ref=\"comment_count\" class=\"disqus-comment-count text-slate text-opacity-80\" data-disqus-identifier=\"182653\">\n\t\t\t\t\t\t\t<\/span>\n        <\/span>\n\t    <\/footer>\n<\/article><!-- #post-182653 -->\n<article \n\tid=\"post-182357\" \n\tclass=\"content-card mb-0 flex flex-col  post-182357 post type-post status-publish format-standard has-post-thumbnail hentry category-personal-development\">\n\n\t<header class=\"entry-header\">\t\t\t\n\t\t<!-- Image -->\n        \t\t\t<a class=\"post-thumbnail\" href=\"https:\/\/www.biggerpockets.com\/blog\/why-tracking-your-kpis-is-key-to-real-estate-success\" target=\"_blank\" aria-hidden=\"true\" tabindex=\"-1\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"340\" height=\"225\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2025\/04\/KPIs_canva-340x225.jpg\" class=\"size-card w-full  m-0 aspect-[68\/45] object-scale-down wp-post-image\" alt=\"Why Tracking KPIs is the Key to Real Estate Success\" title=\"\">\t\t\t<\/a>\n\t\t        \n\n\t\t<!-- Content Wrapper -->\n\t\t<div class=\"py-4 \">\t\n                            <div class=\"flex gap-4 justify-between items-center\">\n                    <!-- Category  -->\n                                            <a href=\"https:\/\/www.biggerpockets.com\/blog\/category\/managing-scaling\/personal-development\" class=\"transition-colors bg-themeBlue\/20 text-themeBlue-medium hover:bg-themeBlue hover:text-white px-2 py-1 mb-2 inline-block rounded-sm no-underline text-sm\" target=\"_blank\">Personal Development &amp; Goals<\/a>\n                    \n                                            <span class=\"text-sm text-gray-500 hidden lg:inline-block\">6 min read<\/span>\n                                    <\/div>\n            \n           <div class=\"flex gap-3 items-center my-2 flex-nowrap text-base\">\n                <!-- Avatar and Author Name -->\n                <img decoding=\"async\" src=\"https:\/\/bp-wp-migration.s3.amazonaws.com\/author_avatars\/273816.jpg\" class=\"w-8 h-8 object-cover my-0 inline-block rounded-full\" alt=\"\" title=\"\"><span class='leading-snug text-slate-500 flex items-center'><span class='hidden whitespace-nowrap sm:inline-block md:hidden lg:inline-block pr-1'><span class='posted-on'><time class=\"entry-date published\" datetime=\"2025-04-23T20:08:47-06:00\">Apr 23, 2025<\/time><time class=\"updated\" datetime=\"2025-04-23T20:09:33-06:00\">Apr 23, 2025<\/time><\/span><\/span>&nbsp;<a href=\"https:\/\/www.biggerpockets.com\/blog\/contributors\/ashleykehr\" class=\"no-underline line-clamp-1\" target=\"_blank\">Ashley Kehr<\/a><\/span>            <\/div>\n\n            <!-- Post title -->\n\t\t\t<h2 class=\"entry-title js-toc-ignore mt-4 mb-0 text-xl leading-snug text-left\">\n\t\t\t\t<a href=\"https:\/\/www.biggerpockets.com\/blog\/why-tracking-your-kpis-is-key-to-real-estate-success\" rel=\"bookmark\" class=\"whitespace-normal no-underline font-bold  text-slate visited:text-slate hover:text-themeBlue\" target=\"_blank\">\n\t\t\t\t\tWhy Tracking KPIs is the Key to Real Estate Success\t\t\t\t<\/a>\n\t\t\t<\/h2>\n\t\t\t\n                        <p class=\"text-lg font-normal mt-3 text-slate-500 mb-1 line-clamp-3\">Real estate investing is full of moving parts, such as marketing campaigns, seller leads, appointments, offers, and closings. In the middle of it all, it\u2019s easy to feel like you\u2019re&hellip;<\/p>\n\t\t<\/div>\n\t<\/header>\n     <footer class=\"flex justify-between mt-auto\">\n        <!-- Comment Count -->\n        \t\t<span class='flex items-center space-x-2 text-sm' x-cloak x-data='commentCount()' :class=\"parseFloat(commentCount) < 1 || commentCount == '' ? 'hidden' : 'flex'\">\n\t\t\n            <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"h-5 w-5 text-slate text-opacity-50\" fill=\"none\" viewBox=\"0 0 24 24\" stroke=\"currentColor\">\n                <path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M17 8h2a2 2 0 012 2v6a2 2 0 01-2 2h-2v4l-4-4H9a1.994 1.994 0 01-1.414-.586m0 0L11 14h4a2 2 0 002-2V6a2 2 0 00-2-2H5a2 2 0 00-2 2v6a2 2 0 002 2h2v4l.586-.586z\" \/>\n            <\/svg>\n\n            <span x-ref=\"comment_count\" class=\"disqus-comment-count text-slate text-opacity-80\" data-disqus-identifier=\"182357\">\n\t\t\t\t\t\t\t<\/span>\n        <\/span>\n\t    <\/footer>\n<\/article><!-- #post-182357 -->        <\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n\n  \n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Business lessons from Arnold Schwarzenegger<\/h2>\n\n\n\n<p>Schwarzenegger has said, \u201cI made my first million in real estate, not in movies.\u201d<\/p>\n\n\n\n<p>Schwarzenegger started early in real estate as a bricklayer. He invested those wages into a mail-order business. His real estate investments, book deals, restaurants, TV productions, and other business ventures have made him a millionaire hundreds of times over. And now two of his sons are real estate investors, too, and following in his footsteps\u2014Patrick Schwarzenegger buys and sells multimillion-dollar homes, while Joseph Baena recently launched a career in residential real estate.<\/p>\n\n\n\n<p>So what are the lessons gleaned from Arnold\u2019s experience, and how do you become a formidable legend like him in real estate?<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Refine your craft<\/h3>\n\n\n\n<p>Arnold differentiated himself as a legend in bodybuilding not only by doing hard work and lifting heavy things. He also constantly tested new techniques and refined his craft. He found it was the finer techniques and individual methods that worked best and really made the difference.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Get your mind right<\/h3>\n\n\n\n<p>He also had the right mindset. That included a big vision of developing mental toughness. The real estate industry isn\u2019t easy. Investors have to have that vision\u2014or at least something to keep them self-motivated when it gets tough. Arnold had the vision of the perfect body, of titles and medals, and of a big empire built on real estate. For me personally, it\u2019s my daughter who keeps me going when times are tough, as well as leaving a good legacy once I\u2019m gone. But ultimately, it\u2019s about providing for her, being able to give her things and opportunities I never had growing up. It\u2019s also about having the freedom to spend quality time with her and being there when she needs me. Everyone has to have something that drives them through those tougher days.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Become known<\/h3>\n\n\n\n<p>Of course, Arnold also clearly realized that just being in shape was not enough to hit his goals. He saw the importance of being in the spotlight and controlling the media too. That meant he had to take action and get out there and put himself in the game\u2014and competitions. He competed, ran political campaigns, became the editor of several magazines, and even starred in reality TV shows. He still has his own website and blog. Along the way, he has always been incredibly generous about sharing the results of his errors and successes with others.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Be adaptable<\/h3>\n\n\n\n<p>Finally, and perhaps most importantly, he has successfully embraced change. He had different training tactics for on and off seasons. And he has progressed through various seasons of his life and his career. He is still reinventing himself today. In real estate, you might start as a property scout for a mentor, rehab your own houses, get into landlording, then one day try your hand at crowdfunding and lending the capital you have made. Don\u2019t be afraid to evolve, grow, and diversify with time.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<div id=\"hero-block_62df1a82bfc88\" class=\"first:mt-0 hero-block py-4    has-background has-slate-200-background-color has-text-color has-theme-gold-color\">\n    <div\n        class=\" flex flex-wrap lg:flex-nowrap max-w-screen-xl mx-auto px-4 relative lg:items-center \">\n\n        <div class=\"relative z-30 w-full \">\n            <main class=\"py-4\">\n                \n\n<p class=\"has-slate-800-color has-text-color has-large-font-size\" style=\"font-style:normal;font-weight:800\">Free Real Estate Webinars<\/p>\n\n\n\n<p class=\"my-3 md:my-5 lg:my-8 has-slate-900-color has-text-color\" style=\"font-size:16px\">Shortcut the learning curve by attending a BiggerPockets webinar. Hosted by expert real estate investors, you&#8217;ll learn how to master the basics and get tips for finding your next deal. Check out what&#8217;s available and register for an upcoming session!<\/p>\n\n\n\n<div id=button-custom-event-block_6418deb7ecd3a class='button-custom-event'>\n      <a href=\"https:\/\/www.biggerpockets.com\/webinars\" x-on:click=\"window.analytics.track(&#039;Block Block | Subscriptions | Webinars&#039;, {\n      referrer: &#039;https:\/\/www.biggerpockets.com\/blog\/arnold-schwarzenegger-real-estate&#039;,\n    });\" class=\" btn-shape inline-block no-underline has-background has-theme-blue-background-color has-text-color has-white-color\" target=\"_blank\">Register for an upcoming webinar<\/a>\n  <\/div>\n\n            <\/main>\n        <\/div>\n\n                <div class=\" first:mt-0 relative h-full lg:flex lg:items-center\">\n            <img decoding=\"async\" class=\"object-cover w-full relative z-20 my-0  shadow-xl rounded-md hidden lg:block\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/08\/Untitled-design-20.png\" alt=\"register for a free webinar\" title=\"\">\n        <\/div>\n            <\/div>\n<\/div>\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">It\u2019s OK to struggle\u2014and get help<\/h2>\n\n\n\n<p>Whether you are sitting at home, at work, in an airport, or on your cell phone, I want you to feel your hunger and desire to win. The more I learned about Arnold\u2019s story, the more I felt motivated to build my own unique story of growing my business and my life through real estate. I want you to visualize your story and pull from the stories and people that inspire you.<\/p>\n\n\n\n<p>You\u2019ll need to pursue your goal with patience and persistence. Understand you will have tough days. You will fail. You will likely lose sometimes. But be humble, learn, and grow. Seek out mentors and teachers who can help you. Review your goals every day, and don\u2019t let them become just ideas, but rather a part of your very makeup. Make the choice now so that when you struggle, you will get up and remind yourself that it\u2019s a part of the journey toward the goal you made.<\/p>\n\n\n\n<p>While on set one day, Arnold argued with James Cameron, the writer and director of The Terminator, about whether to say \u201cI will be back\u201d or \u201cI\u2019ll be back\u201d in that famous line. James was persistent about the language choice, which ultimately became the most famous line of the movie, a phrase quoted for decades after. Although Arnold thought it wasn\u2019t the right line, James had written the film and knew the correct choice.<\/p>\n\n\n\n<p>Ultimately, it took the effort of both of these guys (and countless others) to make this movie. We will never know if the line ultimately would have been as famous if they had changed it, but we do know this: Even as driven, focused, and talented as Arnold was, he still had many people who helped him reach his goals. Make sure you keep your vision, understand your goals, and seek out people who have like-minded plans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Schwarzenegger has said, \u201cI made my first million in real estate, not in movies.&#8221; To be like Arnold, keep your vision intact, understand your goals, and seek out people with like-minded plans.<\/p>\n","protected":false},"author":12140,"featured_media":138867,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7119,20],"tags":[],"class_list":["post-78919","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-biggerpockets-daily","category-personal-development"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/78919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/12140"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=78919"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/78919\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/138867"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=78919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=78919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=78919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}