“Find an agent who returns your calls.”
My introduction to the world of real estate came from an insatiable curiosity that led me to read numerous books on the subject. I initially thought about experimenting with single-family rentals. However, as I continued to research I chose not to pursue Airbnb due to the challenges it presented. Despite the appealing claims made by Airbnb enthusiasts, I realized that it was a separate business in itself. There is a strong emphasis on attention to detail, especially in terms of cleanliness. As I continued to investigate real estate, I learned the value of owning the land where his businesses resided.
In this episode, you will:
- Explore the incredible advantages of incorporating real estate investments into your entrepreneurial journey.
- Grasp the importance of land ownership for long-term business sustainability and growth.
- Absorb practical guidance for building a productive partnership with a realtor to ensure investment success.
- Familiarize yourself with potential challenges in real estate investing and create strategies to mitigate risks.
- Develop the ability to address real estate investment hurdles with poise and skill.
Through many trials and lessons, I gained insights on working with contractors and real estate agents. There is also a significance in being willing to live in any property I invested in. These experiences have shaped my mindset and approach to real estate, emphasizing the need for patience and determination.
Connect with Will:
00:00:06 – Introduction
00:01:02 – Real Estate as a Business
00:02:21 – Own the Land
00:03:12 – Finding a Realtor
00:04:33 – Pursuing Real Estate
00:07:15 – Red Flags in a Realtor
00:11:30 – Is Real Estate Investing for Everyone?
00:14:10 – Advice for Buying Real Estate
00:16:32 – Insights for Buying Commercial Real Estate
00:18:27 – Responding to Challenges