It took me two years to learn to speak Korean.
It took me one year to learn creative financing well enough to teach it.
Ask any bilingual business person: if you’re bilingual, you’re making more money.
Speaking two languages – or even more languages – opens doors that you wouldn’t have had otherwise. In my industry especially, it’s all about talking to and listening to people.
I help people by solving their problems. So, the more people I can talk to and help, the more my business booms and I have happy home sellers with solved problems.
It doesn’t mean learning a second language is easy, though. But it’s worth it. So is learning creative finance.
Now, the point of this isn’t to tell you to go learn a second language, even though it might help you in your business endeavors. This is to tell you that anything worth doing in real estate takes as much dedication as learning a second language.
If you’re trying to find a home to buy for yourself and your family, it’s the same principle as finding a home for real estate investing.
You need to dedicate yourself to the task at hand.
My recommendation for finding the right property and becoming an expert in any kind of acquisition is to give yourself 100 days toward one tactic.
I say this all the time, but there is so many ways to work out a deal and so many different approaches that a lot of people start to find themselves overwhelmed by choices of what to do. I call this analysis paralysis.
And it’s killer. You feel like you’re drowning in choices and grinding out a lot of hard work, but you’re not getting anything done.
Pick a lane and stay in it. It’s the only way to get the experience you have to have to get what you need.
That means if you’re going to go door knocking with pass-along cards, calling sellers with properties in preforeclosure, or working dead leads you found somewhere else, no matter the success you’re having, you need to stick to it for at least 100 days.
It’s no wonder you’re not seeing the success you want before then if you don’t even know how to work the tactic. You need time to learn and work it out to get to the solution of home ownership.
There are a lot of ways to work out a deal, but the more you practice, the better you’re going to be and the better you’re going to be able to help home sellers.
This is the bread and butter of what we do in the SubTo community, and if you were a part of it, we could work the ins and outs and all the different types of deals together.