8
Leverage: “The use of something to magnify a desired result.”
For many years, I was a focused real estate investor.
My wife and I started in 2008 with zero experience,
and quickly started buying 60-70 houses per year.
Life was good. Hectic at times, but good. Prior to
that time, we were corporate folk, and while very
happy to be self-employed, there was an aspect
that always seemed to be missing from everyday
‘investor life’.
As a full-time real estate investor, it can be a very
lonely world. No matter how you buy houses, you
likely don’t talk to the seller much, if at all, and
rarely ever talk to your end buyer. If you do any
volume, you likely use technology to minimize trips
to the title company, banks, and anyone else you
can eliminate. From our own experience, we were
busy all the time, but had little social interaction
with others. While real estate investor clubs are
great (I advise everyone reading this to belong),
meetings are infrequent, and participants are either
newbies that don’t have a lot to ‘give’ (not knocking
newbies, I was once one!), or veterans that are tight
lipped about everything as they see you as their
competition. Real Estate Investing can be a very
lonely place, especially if you value relationships
with others.
with anyone and everyone that was interested.
Very literally, I had a videographer on staff to help
me record videos at my rehab projects. It wasn’t
uncommon for us to be rehabbing 4-6+ houses at
any given time and the opportunity to share with
others lit a fire in me that had been reduced to just
‘smoke’ in recent years.
Through this experience, I realized the power of
Knowledge. Not just sharing the knowledge I had
learned from buying hundreds of houses, but this
experience forced me to always learn from others
and to improve what I was sharing. I also learned
that the more I would share, the more I would benefit
in a number of ways. Knowledge, like money, can
be leveraged to magnify your results.
At the beginning of 2014, I started, FlipNerd.com,
an expert Interview show. So far I have interviewed
210 real estate investing experts and leaders from
across the country. I didn’t know what to expect
when I started, but felt a need to help other investors
tell their stories and share their knowledge. Now,
thousands of people watch or listen to my show
every single day. In fact, the one and only Pete
Asmus joined me recently for Episode #200, where
Pete tells us all about how to, “Shatter Who You
Leverage Your Knowledge
Are For Who You Want To Become” (c X