The Key to Successful Real Estate Investing
Investing is a great addition to any real estate business. It offers an incredible amount of opportunities and opens the door to building wealth.
A lot of agents are hesitant to break into the space because they’re just not sure how to get started.
The truth is, there’s no one formula to being successful in real estate investing. It all comes down to our individual goals but there are some patterns we can learn from.
How can new investors enter the space successfully, and is there any way to avoid failure? Where should we be finding investment properties in the first place?
In this episode, co-owner of Dynamic Properties, Clint Bartlett joins an ERS coaching call where we dive into how we started a successful real estate investing business.
Takeaways + Tactics
How to get into investing when we’re new to the space Listening to podcasts and reading books is a great way to build knowledge on investing, and it can also give us the confidence to move forward. However, be mindful that each state has its own laws and check local regulations before putting anything into practice.
How to get deals without competition We wouldn’t go looking for leads in the same place as every other agent, and the same should apply to investment deals. Hunt for off-market deals to avoid competition and to see a larger return.
How to get over the fear of failure The fear of losing money is what holds most would-be investors back, but it shouldn’t be a barrier. Once we’ve lost money once, we’re unlikely to lose it the same way again. Go into deals with the intention of failing to learn important lessons for future deals.
Clint Bartlett is the co-owner of Dynamic Properties. After working in the food industry, Clint first entered the real estate investment space to build passive wealth. Clint went full-time with Dynamic Properties in 2016, and given the astronomical growth of the company over the past few years, it’s unsurprising that he hasn’t looked back since.
To find out more about Dynamic Properties, head to:
Books mentioned on this episode:
Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple by David M. Greene.
Links mentioned on this episode:
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