When entrepreneurs embark on the journey of building a real estate investing business, there really is no manual for building an exceptional business; one that will stand the test of time; one that will stand out in the crowded field of “sameness”.
A lot of investors myself included, are happy to help other folks get their own real estate investing business up and running. By taking advantage of all the knowledge that these seasoned investors are willing to share, you can shave years off of your learning curve and save you a boat load of money by preventing you from making some costly mistakes.
But once you have done a deal or two, put some much needed systems and procedures in place, how do you create a business that is different? One is built to last and will stand the test of time? One that is exceptional?
This is the tough part. The sad truth is that no matter how good you are at putting deals together, there are a whole bunch of other real estate investors out there that are just as good.
Tip #1. Don’t Follow the Breadcrumbs
It’s always easier to follow the breadcrumbs of others. Another way of putting this is it’s always easier to follow the pack; to do what everyone else is doing. Dare to be different. Read the rest of this entry →