The Top 5 Reasons Real Estate Investors Fail in this Business – Episode #400
A staggering 95% of all real estate investors that go into this business will ultimately fail. So, what do the 5% that succeed know or do that the others don’t? I think it boils down to 5 things. Get these things right and you are well on the path to success. Listen in as I do a recap of these 5 success tips.
And here's a bonus tip.
If you really want to stand out in this business or any other business, you need to be different. I always say that “different is better than better”. One of the ways you can stand out is by becoming the “go-to” expert in a particular niche and as you know, my niche is probate investing.
There is no other lead source other than probates where you have an endless stream of leads month after month, year after year. This niche puts money in your bank account.
These are some of the most profitable deals you will ever do. Another thing that is so great about working probates is that there is so much less competition when you work off-market deals.
Check it out for yourself, and make the decision today to invest in yourself. Check it out for yourself, and make the decision today to invest in yourself. Check out my course, “Probate Investing Simplified” and discover how you can create a never-ending stream of motivated seller leads yourself and change the course of your business in 2023.
[00:01 – 04:33]Opening Segment
- An overview of the main reasons 95% of real estate investors fail
- What happens when investors treat real estate investing as a hobby
- You must understand why marketing is the key to success
- The importance of follow-up systems for leads
[04:34 – 09:32] Reasons Real Estate Investors Fail in This Business
- Investors don't have their money lined up
- How mentors can help you make your business successful
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