Get Real about Success
Ron and Angela get real about an antitrust lawsuit that’s been filed against the National Association of Realtors, the MLS and several large real estate firms. The suit is meant to dismantle the real estate broker system as it currently exists. It will also protect sellers from being required to pay the buyer-side commission. Leave your comments about this at Get Real Estate Success.com.
Using your time wisely and learning to say “no” to people and activities that take time away from being productive is hard for some many. Be honest about what you use your time for and make time for yourself to move forward. Look at your calendar and make a list of things that you don’t need to do… some meetings, some social events, etc. Embrace saying no.
The topic is that building a successful business is about helping others reach their goals. If clients are happy with the service and the financial growth they experience, they come back to invest more. Happy employees learn and earn. They feel empowered to act on the company’s behalf, thus increasing the company’s ability to grow. Plus, helping other people feels good.
Let’s get real about investing outside of your comfort zone and outside of your neighborhood. If you feel like you need to be able to drive to your properties, get over it. Find a good property manager, get out of the way and let the property generate cash flow. You want income, right? You need cash flow. A good property manager can save you money and heartache and bring in cash flow.
The subject is the social media trend of people bragging about working ridiculous numbers of hours… calling themselves lions and everyone else sheep. It makes Ron and Angela crazy. They know that success doesn’t require working 80-hour weeks. Success requires team building, working smart, focus, taking time to think, and enjoying a full life.
https://youtu.be/ZitaJBSJW9I Read the Transcript Welcome to The Get Real Podcast, your high-octane boost and in the trenches tell-it-like-it-is reality therapy […]
Ron and Angela use Other People’s Money in their business to buy rental properties. They’re experts on the subject and are now sharing their knowledge with you. They explain various methods for correctly leveraging OPM, and explain why some methods are rare or just plain wrong. Private lenders and creative types of owner financing are discussed.
Ron and Angela talk about taxes on rental income. They don’t give tax advice, just info. They urge you to find an accountant who’s knowledgeable about real estate investing. Talk to other successful real estate investors about their approach to taxes. Depend on a tax professional to know how you can keep more of your earnings.
Learn about the 4 returns real estate investors enjoy. Ron and Angela of RP Capital take you through a
case study about the returns generated by an actual rental house in the Midwest. It’s an excellent way
to better your understanding. And after listening, you can get additional information from RPC websites.
Today’s podcast is about getting the education you need to succeed… self-education to be precise. Angela and Ron get real about our education system, which teaches students to repeat facts instead of teaching the skills needed for business and life. They recommend searching out the information you need for yourself using free resources like the internet and the library.
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