Practice talking to random people in your life. Local coffee shop person, people at your gym etc... You need to hone and sharpen your speaking skills at all times. It is essential for a business like real estate.

If you truly want to be wealthy you need to shut up and listen to others. The wealthiest people I know will listen to other people's businesses for hours rather than talking about themselves. Opportunities come from curiosity.

Learn how to do some manual labor if you are in real estate. 70% of real estate is staying on cost with construction. Learn all you can about it.

The nice thing about real estate is that you can't sell it on your phone at 10pm

When you are working for yourself you need to treat it like a real job if you want to be successful.

Extremely wealthy people move away from actually working. Instead, their main job becomes delegation and management.

Going in Cap Rate is pretty much a useless metric.

One of the worst things you can do if you are young and trying to make money is buy a pet. Not only is it really expensive it also totally wipes your ability to be flexible. Not to mention. It's not cool to have a full-size dog in a 1K sq FT apartment.

Apologies for the lack of content. We are now starting to receive deals that make sense for the first time in 2 years.

Just found out one of our tenants, young woman, is making 14k a month doing hair extensions in an office she rents from us for 600 a month. Love to see it.

The most successful people I know respond to every email they get within the day. Even if they are just saying "I will get back to you" The idea that you're too busy to be organized about your email is a lie.

Never correct others in in public situations unless the correction is extremely material. Terrible social skill is correcting someone when they are telling a story etc.... Who cares if its not 100% accurate.

Beginner real estate tip. You don't get or want to finance from national banks. Instead, go around and petition all of your local banks that's where your funding should come from.

After your first job, your GPA is irrelevant. No one cares.

If you are going to work in real estate, read a construction textbook. Construction is one of the most important aspects of real estate. It can be dry, but it is a necessary step if you want to be in this game.

Real estate is not passive at all, even with a third-party management company. Real estate is a pain in the ass.

If you are buying a condo ask for meeting minutes. These will help determine what you are getting yourself into. If you are smart you shouldn't even be looking at a condo.

There is really one thing you need to understand to make money in real estate: A direct increase in NOI has a disproportionate effect on building value. 1,000 dollar increase to NOI increases building value by $14,285.00 at a 7 cap. It really is that simple.

I highly dislike Single Family Homes as investment properties: Value is determined by neighboring properties, not by cash flow. CapEx destroys cash flow. Flipping is heavily impacted by market swings with nothing to lay back on.

Everyone on Twitter talks about how to make money in real estate. But no one talks about how you can lose all your money in real estate. One wrong move, and you're bankrupt So, let's go through the most common way real estate owners lose a lot of money!