What is the 1 thing that has contributed most to your success?

Real Estate Deal Analysis & Advice

What is the 1 thing that has contributed most to your success?

Shiloh LundahlPro Member

Rental Property Investor · Gilbert, AZ · Member since 2016 · 3k+ posts · 4k+ votes

Last night before bed I was watching wrestling matches on YouTube. Not the fake wrestling such as WWE or anything like that, but the actual real elite wrestlers like Jordan Burroughs, Kyle Snyder, and pretty much anyone who has wrestled under the coaching of Cael Sanderson at Penn State. And even though my wrestling career was limited to only wrestling in high school, as I was watching some of these elite athletes, I thought to myself that I can contribute much of my success in real estate, with my family, and in life in general to the sport of wrestling when I was a teenager. It taught me some of the basic fundamentals of hard work and success.

What would you say has been the one thing that has most led to your success in real estate or life in general?

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Jay HinrichsBusiness Member

Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes

@Shiloh Lundahl For my 20,000 post and I wanted it to be something special.

I contribute whatever success I have had to my Father... and as we move through this business life and I am on the back side of my career it will be measured with things other than Monetary rewards.

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Matt Millard
Lewisville, TX · Member since 2015 · 344 posts · 264 votes
8y
I would say the value of hard work & wise analysis my father instilled in me. Besides that I would say a mentor, being in right place at right time & be willing to learn & try new things & do what others may not...
1 Reply
Steve Vaughan
Rental Property Investor · East Wenatchee, WA · Member since 2014 · 10k+ posts · 16k+ votes
8y
A bigger why than $x cf per month.
When my chips are down and I'm in a pile of shade, what picks me up to fight another day is visuals of all the good folks I've placed and their thank you notes and appreciation for having nice, affordable housing over the years.
Of course being different and taking action accomplish the tasks that support the why. I find myself being the only one/man/parent doing a myriad of things during my week as I think about it. It's ok to be different.
3 Reply
David Hall
Real Estate Agent · Lansing, MI · Member since 2016 · 143 posts · 78 votes
8y
Experience. Just pulling the trigger, diving in and failing (at first). You don't really know what you don't know until you get into it. For me that meant offering on homes and looking at what I thought were deals for a long time and finally buying something. Each baby step eliminates fear and adds experience.
2 Reply
Manish A.
Cupertino, CA · Member since 2014 · 59 posts · 22 votes
8y
To be successful – you need to be persistent and kind of stubborn. I have come from humble background and did not have money to study abroad, but still went ahead and persevere through thick and thin, and finally made it.
You should make your goal and then keep on working towards it. You know your capability and limitations, so target needs to be pragmatic, and you need to be prudent to yourself.
During this journey you will get a lot of rejections, people won’t believe you, you may feel like it is not possible, but never lose hope and try doubly hard after every failure to prove your naysayers wrong.
You need to believe in yourself, in your abilities and have an attitude that nothing is impossible in this world if you sincerely work towards it. The only barrier between you and your goal is you, so have self-belief and confidence, and you will achieve success.
1 Reply
Michael Lee
Columbia, SC · Member since 2015 · 88 posts · 55 votes
8y
For me, being a newer investor, the most important thing has been having a great mentor. He has taught me so much of what to do in certain situations, but maybe more importantly, what NOT to do in situations as well. I feel like this has given me a huge head start, and I am very appreciative of his support/advice. Not everyone is willing or comfortable being a mentor but for any newbies out there, go out of your way to find a great one and learn as much as you can from him/her.
2 Reply
Chris Youssi
Rental Property Investor · Caledonia, IL · Member since 2015 · 290 posts · 213 votes
8y
Great thread with some heartfelt answers. For me it would be my Lord and Savior Jesus Christ who has given me the tenacity / talent / attitude and humility knowing I am but a stumbling ball of clay in this big game called life. He put tough times in front of me shaping and molding me gave me an amazing father who taught me the value of hard work no matter what your job and of course bride of 38 years to hold me up at all times.
3 Reply
Luka Milicevic
Real Estate Agent · Nashville, TN · Member since 2015 · 2k+ posts · 2k+ votes
8y
Consistency and persistence
3 Reply
Mike Hottinga
Lake Havasu City, AZ · Member since 2017 · 58 posts · 23 votes
8y
I have to give this one to my father who always asked me for help when working around the house or on his 4-plex. It taught me to figure out how to complete a task with the supplies available. I can also do any maintenance task on a house now while my friends can barely hang pictures in their apartment.
2 Reply
Mike Nelson
Investor · Oak Park, IL · Member since 2014 · 316 posts · 150 votes
8y
Getting really pumped up about real estate in 1985, using that enthusiasm to do a lot of reading, going out and purchasing first property, learning from that experience, appreciation due to holding many years, hard work and being motivated by being to help others.
1 Reply
Grant D.
Glendale, CA · Member since 2018 · 44 posts · 18 votes
8y
I think the thing that contributed to my success the most has been the willingness to take calculated risks. Everything in life is risky, but as long as you are confident enough and take risks that won't mean the end of the world if you fail, you leave yourself open to more potential success.
4 Reply
Bob Prisco
Specialist · Cleveland, OH · Member since 2018 · 1k+ posts · 666 votes
8y
Determination
2 Reply
Dennis Vo
Long Beach , CA · Member since 2018 · 34 posts · 24 votes
8y
Be able to see and own my mistakes, correct them, and move forward
1 Reply
Ian WalshBusiness Member
Lender · Philadelphia, PA · Member since 2016 · 2k+ posts · 1k+ votes
8y
Self belief and drive are side by side.
2 Reply
Jim K.
Handyman · Pittsburgh, PA · Member since 2018 · 5k+ posts · 13k+ votes
8y
This turns out to be a really difficult question I keep coming back to. I don't think of myself as a success. I've made some money in real estate, it's true, and I believe I see a way to make a lot more, but a "success"? That conjures up images of fabulous glittering wealth, statues and buildings erected in my honor, my name engraved on the collective consciousness of humankind across the ages.

I am also very aware of the very human failing of self-congratulation. We love to pat ourselves on the back and think of ourselves as good people, when from other people's perspective, we're often not. I've met an immense number of contemptible people who will say the most amazing things about themselves in order not to think, at any cost, about who they really are and what they do in the world.
So, a success? No, that's not me, not at all. Someone who's made some money in real estate? OK.
What's helped me most so far, I would like to believe, is a tendency not to take myself or the world too seriously. Call it questioning received wisdom or a simple cynical willingness to believe everyone in the world is full of s***, it seems to have helped.
2 Reply
Guy Gimenez
Investor · Corpus Christi, TX · Member since 2012 · 2k+ posts · 1k+ votes
8y
Relationships. With the right relationships, I found everything I needed....money, time, knowledge.
2 Reply
Thomas S.
Member since 2016 · 13k+ posts · 12k+ votes
8y
Being professional in all aspects of life and business. Realising that success or failure is entirely within your control. There is no magic, mystery or external powers controlling that success.
It sounds basic but the reality is that allowing any emotions to control or impact your business decisions will Ultimatly have a negative impact. Trust and rely only on yourself.
Associate with others that have alreday achieved success.
1 Reply
Kenny Dahill
Investor · Tempe, AZ · Member since 2018 · 1k+ posts · 731 votes
8y
For me, always having a goal and willing to do whatever to accomplish that.
I am very lucky to have amazing parents and my dad always throughout 'cashflow' ever since I was little, so I grew up with cash is king. However I was using those sayings even before I knew what they actually entailed, and luckily it matched what I actually wanted!
0 Reply
Paul Thompson
Investor · Little Rock, AR · Member since 2015 · 130 posts · 119 votes
8y
The single greatest lesson I've learned is when I realized I need to invest in myself so that I may serve others and help them solve their problems. Applying that rule over and over in life, business and real estate has been a profound realization for me.
5 Reply
Justin H.
Investor · Toronto, Ontario · Member since 2014 · 148 posts · 34 votes
8y
My dad - manager of a large company brought me in on Saturdays from age 9 onwards to work in the back with the 'grunts' and haul *** and load containers and unload containers all day. I didn't want to spend my life doing that and wanted to be the one calling the shots instead which only would have started through hard work.
thanks dad.
1 Reply
Michael N.
Investor · Arlington, VA · Member since 2016 · 67 posts · 65 votes
8y
Seeing coworkers in their 60s/70s in the office working.
3 Reply
Larry Turowski
Flipper/Rehabber · Rochester, NY · Member since 2014 · 1k+ posts · 1k+ votes
8y
Failure.
Failure means I was willing to try. Failure means I was winning to fail. Failure means I took action--in so many ways and with education, but without a crystal ball.
Failure means I tried to succeed.
1 Reply
Steve K.
Honolulu, HI · Member since 2017 · 247 posts · 315 votes
8y
the fruity company in Cupertino...
0 Reply
Fradel Schaechter
lakewood, NJ · Member since 2017 · 282 posts · 156 votes
8y
@Shiloh Lundahl nice thread here!
I would say the one thing that I believe will contribute to my success is my struggle with chronic illness. the strength of character I was forced to develop as well as my drive to get better despite the setbacks can help me avoid being derailed in my real estate journey. I am not giving up until I feel better, and I'm not giving up until I have reached success in real estate.
I hope I get both the health and wealth I seek very soon :)
0 Reply
James Wise
Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes
8y
I've always wanted to run my own business from as young as I can remember. As a kid i'd have lemonade stands, grass cutting routes etc...... Never wanted to work for someone else. Always had the eat what you kill mentality.
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