What are the top skill sets of a successful RE investor?

[Richard Salazar]

What should I practice every day to become competent in?

[Dave Van Horn]

- Read. Read. and Read. BP has a book recommendation forum, I would start with suggestions there. And on the podcasts you can see what all the experts are reading.

- If you're in growth mode, I would prospect everyday. So I would check the MLS like you check Facebook. Check craigslists, the BP marketplace. And not just prospecting for deals but also prospecting for financing. Always be meeting with bankers, lenders, etc.

- Maybe not every day but I would also suggest reviewing your net worth. And along with that: review rents, cashflow, cost of capital, condition of your properties, costs of insurance, things like that. At least once a month.

- Network. Sounds simple but it really is a game changer. I would go to 8 Real Estate meetings a month at a minimum. Everyone knew me. I still get deals sent to me almost everyday, deals that I don't even want or are looking for haha. But they call me first, just from my reputation back then. BiggerPockets is a good thing to do between meetings.