Aug 28 (edited) in General
Making money with real estate (Beginners GUIDE!)
I know nothing about real estate.
But imagine I decided to take all my online profits and get into real estate...
I could approach this new & exciting opportunity in 2 ways.
Way #1: Max Difficulty Mode.
I could try to figure it all out on my own.
After all, how hard could it be, right?
Plus, why pay someone?
All the info is free online.
Here's how this 'Max Difficulty Mode' would probably play out:
  1. I'd be stuck for a few weeks wondering "where do I even start?"
  2. I'd spend weeks second guessing myself and doubting even IF I should even do this.
  3. I'd spend months reading blogs about best practices & overwhelming myself with all the data and info out there.
  4. I'd speak with real estate agents and get them to drive me around town.
  5. I'd spend weeks watching videos about property management tips, mortgage documentations and tenant rights.
  6. I'd experience sleepless nights stressing over market trends and property opportunities.
  7. I'd attend in person conferences with a dozen gurus all giving different advice and walk out more confused than I was when I walked in.
  8. I'd eventually get fed up and pull the trigger emotionally on a house I liked the look of.
  9. I'd probably regret my decision.
  10. I'd look back after 3 years and think: "Wow I learned a TON about what NOT to do..."
And the kicker?
There's a 100% chance I'd make 20+ completely avoidable mistakes that any seasoned real estate pro would spot from a mile away.
And these wouldn't be minor mistakes – these would be mistakes that'd cost me anywhere from $100,000 to $500,000 or more.
But what if there was a different way?
Way #2: Easy Mode.
What if I partnered with a real estate expert from day one and didn't f&ck around?
What if I sat down and paid a successful friend/mentor a few grand to teach me the ways, step by step?
Here's how Easy Mode would likely play out:
  1. I'd instantly tap into years of hard-earned knowledge and experience.
  2. I'd be guaranteed to avoid the most costly beginner mistakes that couldn't even see.
  3. I'd start making money WAY faster because I wouldn't waste any time trying to reinvent the wheel.
  4. I'd have a guide helping me navigate complex decisions & understanding big words.
  5. I'd learn the ropes while still protecting my investment.
And the price of the expert would save me from losing millions of dollars, experiencing a ton of stress, and wasting years of life on trial & error.
The Bottom Line: In the world of real estate – or any new business venture – I never want to play on Max Difficulty Mode.
I already made that mistake in business, and with crypto.
When I started in business, I went on Max Difficulty Mode...
And when I started in crypto, I went on Max Difficulty Mode...
I f7cked up so badly on both...
• MAJOR Stress.
• MAJOR Money Lost.
• MAJOR Time Wasted.
Wasn't until years later I switched to Easy Mode...
And when I finally hired help...
IT FELT LIKE CHEATING!!!!!
Having now learned my lesson in business, if I ever do get into real estate, you can bet I'll be doing it on Easy Mode.
Cheers,
Ted
P.S.
Sometimes the smartest thing you can do is admit you're dumb and be willing to learn & fast track your results from those who've already been down the path you wanna go.
P.S.S.
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Ted Carr
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Making money with real estate (Beginners GUIDE!)
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