4.8 • 2.1K Ratings
🗓️ 23 August 2024
⏱️ 42 minutes
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0:00.0 | Today I'm going to give you the 10 rules that you need to know to become a successful real estate investor. |
0:05.6 | This is coming from all my years of experience having flipped over 700 homes |
0:09.4 | and we currently manage over 600 rental properties. So let's jump into it. Rule number one you cannot |
0:16.2 | time the market don't even try I mean seriously I I can't tell you how many people |
0:21.7 | ask me this question they say Ryan is now a good time to buy real estate and I'm like well the only reason you would ask that question is if you're not actively buying real estate right? I mean for most people if you're a full-time real estate |
0:35.4 | investor like myself I can't just stop buying real estate and you know all of a sudden do |
0:40.8 | nothing I mean I wouldn't have any income, I wouldn't have a job, |
0:43.9 | I wouldn't have all these things. |
0:45.5 | If you're flipping houses, if you're wholesaling, |
0:47.2 | like you can't just stop because maybe the market's |
0:50.0 | not favorable to you right this moment, got to just figure out ways to make |
0:54.2 | money in any market and so anytime I hear this it's just kind of like more of an |
0:58.5 | excuse to somebody who's maybe thinking about getting into real estate. |
1:03.2 | And they're like, well, now's not like the optimal time. |
1:05.4 | Maybe I'll just wait it out, right? |
1:07.4 | Or maybe I'll hear just a normal, let's say W-2 person |
1:11.0 | who's looking at buying a rental property, they're like well should I buy right now and |
1:15.3 | once again my question is like well if you're not a very good real estate investor right now |
1:19.6 | like you're thinking about buying your first property well clearly you know, you know, you don't really know what you're doing. |
1:23.8 | So how do you think you could time the market, right? |
1:27.7 | Like that's just very naive to think that that's possible |
1:32.2 | if you don't have experience. |
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