Friday, June 26, 2015

First Week of Action!

This past week has been a pretty good week.  I think I'm moving towards my goals.  A few "firsts" have occurred:

1. First call to a real estate agent - he is a guy from Nevada that my parents worked with before so we had some common points.  Very friendly guy and also an investor, which is important.  He knew what exactly what my family and I are looking for in a property.

2. First walk-in to a real estate brokerage firm - they're local.  I went in there on a whim because I had seen it before and always thought about what they do.  So I bucked up and went in there with no idea what to say.  I came up with stuff on the fly, like "how's this area", "what is the rate of return on local properties", etc.

3. First call with a wholesaler - these guys buy properties, repair them, and put them on the market again.  After you buy the property, they will also do the property management and finding tenants for you.  Again, totally new situation where I had no idea what to say and learned a bit about the industry from them.

What I took from these situations was a bunch of info that I had no idea about earlier.  I may have found out some of this stuff with a bit more research, but I like the people interaction part of real estate and gaining knowledge from a local guy in 5 minutes beats reading 30+ minutes online for the same thing.  All I had to do was ask.

I think that I was help back from doing these things before because I was scared.  I had that fear in me and it's completely normal.  After listening to the 10X Rule and learning that fear is a good thing, I just acted on that fear.  Having fear means that whatever you're scared of is what you should be doing.  Obviously there are limitations to that (let's not use any crazy/extreme examples here), but the idea is that we are usually held back because of fear when we should be going all out.


Thanks for reading guys and enjoy your Friday :)

George



"If you love your work, you'll be out there every day trying to do it the best you possibly can, and pretty soon everybody around will catch the passion from you - like a fever." - Sam Walton

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