113: The 6 Traits Every New Real Estate Investor Needs to Succeed

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.8 • 1.7K Ratings

🗓️ 15 September 2021

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

When you get started in real estate investing, you often don’t know what you’re doing. Is this deal going to work out? Am I choosing the right materials for my flip or BRRRR? Will this appraise at what I need it to? All these types of questions can flow through a rookie investor’s mind in the first months or even years of investing. But, if you’re making the right progress and doing what needs to be done, you’re probably miles ahead of the competition. Today we talk to Brian Davila, a real estate investor and coach who helps his students answer the same questions like the ones above. Brian has identified the six key traits of a successful real estate investor. You may have been born with some of these, but almost every real estate investor needs to make a conscious effort to become a master of all six. If you’re able to capitalize on the advice from Brian, you’ll score more deals, connect with more investors, raise more money, and maybe make an extra few hundred thousand dollars a year! In This Episode We Cover Why every investor needs to take calculated risks frequently Becoming a problem solver so you can get deals others will pass up Using resources like BiggerPockets and Facebook Groups to find deals Choosing the activities that will set you closer to your goal Having faith even when you’re low on energy (or money) Building relationships and developing basic sales skills And So Much More! Links from the Show Real Estate Rookie Podcast Real Estate Rookie Youtube Channel Ashley's Instagram Tony's Instagram Real Estate Rookie FaceBook Group BPCON2021 BiggerPockets Podcast 407: Buying 100+ Houses/Year in 4 Hours/Week Using Teams, Traction, and (Get this…) TikTok with Ryan Pineda BiggerPockets Google Yelp BiggerPockets Forums BiggerPockets Calculator Podio Rookie Podcast 91: 8 Units, 10 Wholesale Deals, and $0 Spent on Marketing w/ @Liliinvests MLS Check the full show notes here: https://biggerpockets.com/rookie113 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Real Estate Rookie, episode 113.
0:05.6	These little uncomfortable moments that they're so scared of, this is why people give up.
0:14.0	And that really pushed me to really start taking more action, because now I understand,
0:18.8	if I could break through these little limits, I'm going to be successful, because most people
0:22.8	won't even get that far.
0:25.2	My name is Ashley Care, and I'm here with my co-host, Tony Robinson.
0:30.4	And today we have Brian on the show, and I'm so excited for you guys to hear about the six
0:37.4	traits that every investor should have and what they should bring to the table.
0:41.6	Yeah, Brian's got a really incredible story. He's not a rookie, but he works with a lot of
0:46.3	rickies. He's talked to a lot of rickies, and he's got this really cool framework that I think
0:51.0	all of you guys are going to benefit from. But he's also got a really cool backstory,
0:54.7	and I think the way that he got started should hopefully be inspiring to a lot of people that
0:59.6	are listening. I think it's easy to see those real estate investors that are maybe five,
1:03.8	10 steps ahead of you, and you forget that they, at one point, were also rickies. So,
1:08.8	Brian does a really good job of painting that picture of what rookie Brian looked like.
1:13.2	Yeah, so before we get started on today's show, we can't wait to see everybody at the bigger
1:20.0	pockets conference. Make sure you guys come up and say hi to Tony and I. We'll be wandering around.
1:25.5	We're also going to be the MCs at the conference. So you'll see us up on the main stage.
1:32.6	Have a couple fun dance routines planned. Lots of stuff during intermission.
1:39.0	Tony's been practicing his moves, but yes, and then also make sure you guys join us in the real
1:44.1	estate rookie Facebook group and subscribe to our YouTube channel real estate rookie. Let's get
1:50.6	in to today's show. You guys know the drill before we get to the episode. Let's hear a word from
	...

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