Most people set goals, make resolutions and dream of a better lives for themselves. Unfortunately, the vast majority will never achieve those aspirations. Although there are entire volumes of study on this subject, as it relates to real estate professionals, there are 3 simple steps that can be implemented which will Boost Your Real Estate Results and perhaps propel you to reach your biggest goals. In this training, you’ll discover these powerful steps, how to quickly apply them to your lives and instantly begin experiencing greater financial results. But make no mistake, they won’t necessarily be comfortable for you to do. You’ll have to break outside of your comfort zone but you’re comfort zone will always equal your money zone. So execute on these steps and experience a breakthrough in your financial life!
These three steps will help boost your real estate results, so whether you’re a creative real estate investor, a real estate agent, or any sort of entrepreneur trying to increase your economic productivity you’re going to find this information incredibly effective. Now, none of these steps are going to be smooth-sailing for you. This is about increasing your productivity and breaking out of your comfort zone because your comfort zone will always equal your money zone. If you’re in your comfort zone right now you’re going to stay in that same muddy zone. If you breakthrough and get into the uncomfortable zone, you can move into a higher money zone.
Step 1: Take Responsibility
Most people do not like taking responsibility but it’s a huge part of growing, of breaking boundaries at being more productive in life. You must accept that wherever you are today financially is all because of you. I know that hurts. You need to blame yourself. Don’t get down on yourself, don’t get mad at yourself, but blame yourself, put the responsibility on you. That is the only way you’re going to be able to grow.
Do not choose to blame other circumstances for your lack of success, like maybe you weren’t blessed with the intellect to go get an advanced degree or you’re not making a lot of money so you don’t have a lot of money to invest in creative real estate, or you could even choose to blame the current market conditions. You might even be going through some difficult personal circumstances and struggling in all sorts of ways, but until you take responsibility you will never grow as a real estate investor. You must take accountability for the choices you’ve made or not made, the decisions you’ve made or not made, the actions you’ve done or not done, that has gotten to where you are right now financially. You are where you are because of the decisions and the actions you’ve done.
If you aren’t as successful as you want to be, it’s your own fault. By blaming yourself, you give yourself a chance at growth. When you blame others or outside circumstances, it keeps you from improving your circumstances.
Step 2: Opportunity Perspective
Now that you’ve taken responsibility you need to establish an “Opportunity Perspective”. Rather than looking at the difficulties, adjust your perspective and look for the opportunities. Don’t look at the world from the perspective that things are hard, look at those same situations as potential opportunities.
I know that sounds cliché but let me give you some concrete examples. What if you’re in a market right now where everything is hot and there are no deals to be found. The real estate prices are going way up and people are outbidding you. When you’re selling houses there’s multiple offer situations. Is that a difficulty, or is it an opportunity?
For one of our apprentices in Austin recently it was an opportunity. He thought the property would sell for 220. It ended up selling for 255, all cash, to a buyer that didn’t even ask for an inspection and closed in eight days. He thought he was going to make 20,000, he made 55,000. Why? Because it’s a hot market. If you’re in a hot market right now that’s a great opportunity when you can get to the deals before anybody else which can be done. Now this requires you to take responsibility that you may not know how to get to them, but if you have the perspective that it’s an opportunity, you can see the world from a different light.
Another example has to do with the invention of one of the most important breakthroughs in medical history. There were two different people testing similar results in some sort of research project. One was in England and one was in the United States. Simultaneously, they put together these Petri dishes and about six month later they came up with the same exact problem, a bunch of bacteria. It was not what they were expecting. Well, one of those people looked at it from a difficult perspective, and threw everything away. Meanwhile, the other person looked at it from an opportunity perspective and said, “Well okay. Six months down the drain, what can I do with what I’ve just produced?” His outlook resulted in the invention of Penicillin; the most important medical breakthrough in history that saved millions and millions of lives. When you come across difficulties in life, look at them as potential opportunities.
Another great example is from back in 2010, 11, and 12 when we had a situation where short sales were taking forever to get accomplished and a lot of real estate investors were complaining and feeling defeated. We looked at it and said, “Well, how can this be of benefit?” What we discovered was we could rent the properties out if they were vacant. Since it was a short sale and the payments weren’t being made the banks were typically paying the taxes and insurance, all we had to do was rent it out. We collected all of the cash flow and made a fortune doing that, which was completely legal. All because we looked at it from an opportunity viewpoint.
Learn from Others Mistakes and Victories
You need to look at your current situation, where you’re located, and start asking yourself questions like, “How can my problems be an opportunity?” Sometimes, they may not be an opportunity; your difficulties may be full blown difficulties. Then you look and say, “Well, where are other people in my area making money? What are they doing?”
There’s one thing I can guarantee you. Real estate is going to make money. Now, there are so many different angles and different niches but real estate is money in the bank if you know what you’re doing. You can study what other people are doing and you can figure out based on what they’re doing what’s successful or not successful. Think about it. We can look at public records, see what someone paid for the house and what they sold the house for. You can look at what potential repairs were done, looking at pictures. There’s so many ways you can reverse engineer other people’s success.
You can look at the world from an opportunity perspective and begin to open your mind to where money could be made. Now sure, if you’re working with a mentor that’s a little bit easier but most reading this will never get to work with me or my team. I’m trying to give you some mentoring tips here even though you and I might never work together personally. Opportunity in real estate is all around you, no matter where you live. Regardless of what you may think, there are at least a few people making a fortune in real estate right in your own backyard.
Step 3: Massive Action
The more action you take the more you’re going to learn. The more you learn the more distinctions you’ll make to make better decisions in the future. So many people are scared to take action so they calculate and plan and then they see something that may not work perfect so they pull back. You MUST take action. Have you ever wondered why there’s so many billionaires that never went to college? What is so special about those people? Well, one of the things they did is take big risks. While other people were in a classroom thinking about it they were out in the real world doing something about it.
When you’re out in the real world going after real estate opportunities, you’re going to see things that other people simply do not see. It’s been one of our huge distinctions as a Freedom Mentor organization. We go out and take massive action. You know what? We make mistakes. There’s egg on our face sometimes and we’re okay with that. Making mistakes and being wrong is okay with us because we’re one step closer to a breakthrough. If something is difficult for a lot of people we look at it as an opportunity and take massive action in order to figure it out. We have made huge creative real estate breakthroughs that no one has discovered before.
We have proprietary techniques that nobody has ever come up with before. We figured it out, not because we’re genius but because we took massive action. We made mistakes and we looked like idiots but I’m okay with looking like a fool, because I know I’m taking massive action. Taking massive action puts you into the game, you’re no longer a spectator. When you’re in the game you will see things that other people don’t see. If you see some potential opportunities act on them. It’s okay to screw up, that’s fine, just don’t do anything Illegal or dishonest. Your biggest fear needs to be inaction and you want to avoid it at all cost. Avoid inaction.
Action Equals Better Real Estate Results
Go out there and do more things, try more things, and get out of your comfort zone. What that will do is break through and increase your real estate results. Again, if you have a mentor showing you what to do that’s obviously a safer and faster route. It shortcuts your learning curve tremendously but not everyone can be a part of our team or get help from another high-level mentor. If that is the case, the way you’re going to supercharge your results is by getting out there and acting on opportunities because you have a different perspective, and because you’ve taken the responsibility that where you are financially right now is your own fault, but you’re going to make changes.
Be Your Own Biggest Cheerleader
Don’t beat yourself up. First you must take responsibility but then you need to be a cheerleader for yourself and say, “All right. I’m going to figure this out.” When friends and family are giving you grief about how you have yet to become a huge real estate success, just keep charging forward, keep on taking massive action. While they’re busy sitting on the couch complaining about how unsuccessful you’ve been, you’re in the investing game, you’re making moves, and you’re going to be more successful you’re going to achieve positive results, because you’ve been out there.
These are the necessary steps in order to achieve top quality real estate results. None of them are comfortable, none of them are desirable, but once you get to the other side you will feel the difference.
Please make comments and questions, if you’ve got them, down below. I’ll carve out time out of my schedule to answer those. If you want to take your real estate investing life to a whole new level and completely supercharge it, consider my apprentice program where I work hand-in-hand with individuals and transform them into money making machines. We shortcut these items here, the opportunities and what actions to take, so that our students can be far more productive, make a lot more money, and enjoy the process as well.