Five Great Questions That I've Been Asked on a Podcast

Here are five great questions that a show host Justin asked me on his podcast.

1.What was your biggest hurdle getting started investing in multifamily and then what'd you do to overcome it?

That was a mindset, 99.9% of the hurdles you're going to occur in life when you're looking to do something new, it's scary, it was the mindset. I've started in 2003 and I should've gotten an a multifamily in 2004, but I didn't, it was too scary and so I didn't even look at it. And the years pass and the years pass and just I'm a late, slimmer man, it took me a long time to figure out that I need to take a hard look at it. And so if I could change anything, I would have started getting more aggressive with the multifamily way earlier. 

2.Do you have a personal habit that contributes to your success?

My personal habit is to get up at five and work out every morning, I think that's huge. You've got to keep your mind and body in sync. And when I missed a week or two of working out, I start dragging and I don't know, it's kind of strange. I start second guessing myself and I just don't have that feeling of self confidence and I'm killing it. You get that workout in the morning and it just drives everything else. And I got that from a Richard Branson, where I saw a deal with him a long time and he said, workout every day. It'll make your business so much more productive. I totally bought into that and I started doing it and it makes a huge difference. 

3.Do you have an online resource you find valuable in your day to day CoStar?

CoStar is the commercial real estate brokers site and that's where they put all the big commercial properties. MLS kind of pricey, the new listings that come out, they have really good market demographics and financial tools to help you get on your honor. Any reports on any area, sub-market, data analytics, things like that. So it helps you drill down into your markets, your properties, and see who the previous owners were, how long they own it, how much they put into, what the market's doing, what the crime rate is. It does all, and it's just a really great tool. I think I spent $250 a month for my area. I don't think I could do without it.

4.What book would you recommend to the listeners and why? 

Millionaire fast lane, I'm saying that because it's the latest book I read, but I really enjoyed it. Of course, Robert Kiyosaki books are awesome, my next book's going to be that "Fake" book that just came out, that's the next on my audible list. 

5.If you were to go back and give advice to your 20 year old self to get started investing in real estate, what would you tell yourself?

So most people just want to tell themselves, hurry up and get started sooner, get started bigger, quicker. So, it's kind of a common theme. Honestly that would be going back to my 30, 35 year old self too. So I owned the clinic for when I was 27. But I kind of coasted along for a long time and I wish I had those years back. I wish I would have started real estate a lot sooner. 

Let's get you started invested in real estate now, so you won't have any regrets going further in life, contact us by texting ”Trident” to 38470
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