So in the month of August, my company made more money than I have ever made in my entire life! We had 24 properties under contract, we sold over 15 properties, and grossed over $100,000 in just one month!
But can I be honest with you for a second?
On the surface, this may seem very impressive and amazing, but I want to be transparent and tell you that this doesn’t mean anything to me.
How I Bought, Rehabbed, Rented, Refinanced, and Repeated for 14 Rental Properties
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Money Isn’t What This Is All About
You know, normally, I’m not one who goes into our numbers — not even on our on our platform — but today, I want to share this with you because I see so many people who are motivated by money.
I want to just speak to that for a minute because guys, if you live for the amount of zeros in your bank account, you’re going to die on your deathbed, looking back at a life full of material things and nothing of true substance.
Now, I’ve written about this before, but I want to continue to emphasize that — financial success in and of itself is empty!
You’re not taking any of these material things with you in the next life. For me, it’s not about how much money I have or how big and flashy my house is; it’s about the opportunity to provide for my family. I want to be able to provide my children with a great education. I want to take my family on trips and attend camps with my children. I want to really help my family develop a love for our faith and a love for life!
So, when I say making $100,000 in a month doesn’t mean much to me, don’t get me wrong, I am super happy, but it’s more that I’m happy to see that my team is growing.
I actually had one of my team members say to me, “Dude, aren’t you super excited? You’re making so much money! You’re making $30,000 in a week! Isn’t that incredible?”
My honest response to him was, “Not really. I’m excited by the results, and I am happy we’re setting goals and we’re surpassing them, but it’s not really about the money. It’s about seeing my team successful, seeing my team excited, and seeing our investor-buyers believing in our brand and in our company.”
For me, I love seeing our motivated sellers happy and our investor buyers happy.
I don’t have selfish motives. My goal isn’t to take advantage of people. My goal is to create genuine win-wins and to ultimately serve people and teach people how to do this wholesale business successfully.
What Drives You?
Let me ask you a few questions:
- Why do you wake up every day?
- Why are you on this Earth?
- Are you in this business just to pull up to your family reunion in your new fancy car wearing a Rolex?
- Are you in this business to be perceived as something significant and worthwhile?
Here’s the thing — you’re already worthwhile!
Your job title doesn’t define who you are, and neither does the amount of money you make.
So if you’re a jerk, and you have a bunch of money. Guess what? You’re still a jerk.
But if you structure your business to where you’re adding value, changing lives, and making a difference in this world, all money will do is amplify those desires in you!
Yes, I made $100,000 last month — big whoop!
Does that make me any better than you? Does that make me a better wholesaler than you?
Not at all!
Having Purpose Trumps All
It only means that I’ve remained faithful to this thing, that I’ve gone after it, that I have a purpose, and that I have an ultimate “why” behind my business.
What about YOU?
Why are you in the real estate investing business?
Related: 6 Major Reasons to Invest in Real Estate (& How to Invest With Purpose!)
If it’s just to make money, I think you should really examine your heart because there are many ways to make money other than real estate wholesaling.
This business is super simple, but it takes action, effort, work, and dedication.
With the many ups and downs in real estate investing, if money is your only motivation, when times are tough, you’re going freak out because your security is in something that isn’t sustainable.
To conclude this post, I want to encourage you go after your dreams but don’t make money your sole motivation. On your deathbed, will you look back at your entire life and reflect on how much money you made?
Having a bunch of zeros in your bank account doesn’t mean anything in the end!
You have to make a difference in the lives of others because those are the things that really matter. Otherwise, you’re going to find yourself unfulfilled and miserable.
I hope this blog posts encourages you today to figure out your “why” and use real estate to serve it.
[Editor’s Note: We are republishing this article to help out our newer members.]
What’s the reason YOU invest in real estate — beyond just the money?
Let’s talk in the comments section below!