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Real Estate Investing with Coach Carson

#115: There Are No Secrets - the 7 Fundamentals of Real Estate Investing Success

Real Estate Investing with Coach Carson

Chad Carson

Investing, Business

4.9613 Ratings

🗓️ 25 May 2020

⏱️ 24 minutes

🧾️ Download transcript

Summary

Episode #115 - There are no secrets to success in real estate investing. Instead, there are core principles (aka fundamentals) that the best investors focus on. This episode shares 7 of those fundamentals that you can practice and improve in order to increase your odds of success. 

Additional resources: 

  1. Markets/Values
  2. Analyzing the Numbers
  3. Financing
  4. Finding Deals (Marketing & Negotiations)
  5. Remodeling/Construction
  6. Landlording
  7. Contracts & Laws
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Transcript

Click on a timestamp to play from that location

0:00.0

One of my favorite sports coaches is John Wooden.

0:03.0

He was a Hall of Fame basketball coach who won lots and lots of national championships in a row.

0:07.0

And every year at the beginning of his sports season, he would take his players into the locker room

0:12.0

and he'd teach them how to put on their socks and how to tie their shoes.

0:16.0

Can you believe that? Here's Kareem Abdul-Jabbar, these Hall of Fame players,

0:20.0

and they're learning to tie their shoes and put their socks on.

0:30.3

Welcome to the Real Estate and Financial Independence Podcast. My name is Chad Carson. You can also call me coach, and this show is all about investing in real

0:38.7

estate, achieving financial independence, and doing more of what matters. Thank you for being here

0:44.5

today. I'm listening to this episode. It's always great to have you. The topic for today's show is this.

0:50.4

There are no secrets, the seven fundamentals to real estate investing success. So you might remember from a

0:58.1

couple of episodes ago, I shared with you the coach Carson Cretto. And one of the seven items in the

1:04.8

credo was there are no secrets, that there are fundamentals, there are distinctions out there that you do want to learn.

1:12.6

But there are some people, particularly in the sales business, who want to tell you that

1:16.1

there are secrets or there's things that you don't know yet, that once you figure these out,

1:20.0

it'll all be taken care of.

1:21.3

Everything will be easy after that.

1:23.1

Well, what I want to talk about in today's episode are the things that aren't so secret,

1:27.9

but they're really important to being a success in real estate investing.

1:32.4

And these are probably going to be things that you've heard about.

1:35.1

Probably know some of these.

1:36.6

But one of my jobs I see as a coach, I like the role of coach because I always love sports

1:41.9

and I love the fundamentals of sports is that I like to remind

...

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