Hello to my fellow military members, both active and retired. As a veteran myself, I realize how challenging it is for us to transition from the military and into civilian life, especially when our dream is real estate investing. But how do you get started? Where do you go to learn more; how to scale? My friends, I know how it feels, because I felt the same way when I first got started. I then found that with a little more knowledge, time invested, and mentorship, everything became more clear. I landed my first deal three months later.
Six years later, I have transitioned to multi-family apartments, as well as coaching multiple beginning real estate investors. I am honored to share with you a few tips on how to grow your real estate investing business. Start with Scaling in these three areas, and you are guaranteed to see results!
Leverage Your Network
As a real estate investor, you already know the importance of having a strong and solid network. To leverage your network means to keep your network aware that you are looking for deals and great connections. By growing and maintaining great relationships within your network, you will have more opportunity for deals to get sent your way. As well as professionals who you can become great resources, investors, or partners on future projects. Every day you must be leveraging your network, especially by genuinely helping them scale as well. Leveraging your network must be a win-win.
Leverage Your Time
Being a real estate investor, you must use your time even more wisely if you plan to scale your business fast. You must leverage your time by learning more through self-education. You must leverage your time finding deals. Most importantly, you must leverage time by strategically networking with the RIGHT people who can help to scale your investing business. Every day you must be consciously leveraging your time to continue scaling either socially, financially, or knowledge-wise. Your time is your most valuable asset.
Leverage Your Money
I would say this is going to be the most crucial. Many times real estate investors, try to save money on the little things that have been proven to bring in results. We try to be our own marketers, lawyers, CPAs, producers, editors, writers, and our own teacher. However, don’t you feel that if you hired experts, your results would shift? Leverage your money by investing in yourself and your business by getting help. You MUST be willing to leverage and invest your money to truly scale your knowledge, which will, in turn, scale your results.
With that being said…
My friend, scaling your real estate investing business can be very simple if you master leverage. The good thing is that you can leverage all three just by investing in ONE solid mentor who has proven results.