I WAS SICK AS A DOG TODAY BUT THE WORK STILL DONE
Thursday, January 07
Today I had to call off from my W2. I was just not feeling well. I was coughing, muscle aches, chills, and headache. If I was running my real estate business by myself I would have to had an unproductive day for my business as well. However, since I have implemented procedures and hired/managed a...
THE HARDEST PART OF REAL ESTATE INVESTING IS SKIP TRACING
Monday, January 04
I learned that real estate investing depends heavily on the accuracy of the phone numbers and contact information you skip tracing.Keep in mind that you are cold calling apartment owners. Therefore, you can have the best scripts and best trained staff, but if your contact information is not accur...
HOW I TAPPED INTO MY POWER BASE DURING THE HOLIDAYS
Sunday, January 03
I had lunch with my aunt (who is a nurse) yesterday to make up for not seeing each other during the holidays. Naturally, the topic of real estate came up. She was telling me that she has been wanting to invest in real estate for a long time, but her husband is scared of the "risk" that comes with...
MY MENTOR MADE ME WRITE A PERSONAL MISSION STATEMENT
Saturday, January 02
My mentor made me identify the problem, vision, mission, and principles to bring more structure to my business. Here is what I wrote. PROBLEM: With most owners expecting to sell their properties at market or above market it is difficult for busy professionals to find stable real estate investme...
LEARN TO IDENTIFY A MOTIVATED SELLER
Friday, January 01
One of the biggest mistakes I made when first looking for an apartment acquire was that I was giving energy to sellers who were not really motivated. What more experienced investors have told me is that you should focus your energy on the 20% of the leads that's going to bring you 80% of your lea...
DON'T START 2ND GOAL UNTIL YOU FINISH FIRST GOAL
Thursday, December 31
Two weeks ago I was thinking about quitting my W2 and start a 2nd business. I was thinking about starting a bookkeeping business focused on small to medium real estate owners. I was frustrated that I did not close on a property in 2020. I wanted to be a full time investor. However, I had one fea...