$2 Billion Sales: Why Real Estate Is The Ultimate Side Hustle

The Tai Lopez Show

Tai Lopez

Business

4.8 • 6.9K Ratings

🗓️ 19 April 2019

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

For 20% off your first order, visit mackweldon.com and enter promo code: TAI at checkout!“I’m all about having mentors in your life. Successful people who push you and are positive to be around. Because there’s a lot of haters out there.” - Matt Altman(click to tweet)We all have side hustles. But are these things we do with our spare time actually making us money or just wasting our time?On today’s episode of The Tai Lopez Show, we are joined by The Altman Brothers. In 2008, after the market collapsed, they moved out of their multi-million dollar mansion into two-bedroom apartment. Now, in the past 5 years, they’ve sold over $2 billion in property. How they achieved their success was through a unique type of hustling that involved walking the hills of Hollywood and talking to the people standing in line at Starbucks. Tune in to learn their tricks and take your hustling mindset to the next level!Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“I love cold-calling because people hang up on me and I move onto the next one. It fuels the fire inside because you want to make that sale.” - Josh Altman(click to tweet)Points to Keep In MindDon’t invest too heavily in one thing; be diversified across the boardYou have to be proactive; take people out to lunchMany different avenues to make money in real estate: Commercial, lending, buy/hold, agentIn real estate, sit in at other people’s open houses; but don’t sit, get up and walk around with the visitorsYou have to pay your dues to become successfulWhen you start out, you need a ‘servant’s heart’ and to put in ‘sweat equity’Frame your candidacy as no-risk for the employerThe younger generation’s instant gratification mindset is frustrating for older employersInvest in things you can touch, and/or things you believe in Love what you do and you will work no day in your lifeReal estate is one of the few jobs where you are your own boss Learn more about your ad choices. Visit megaphone.fm/adchoices

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Transcript

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0:00.0	By the way, you just gave away a secret if you want people to come to your
0:03.2	open house, have free food. Realtors love free food.
0:08.4	The point is you can make money in 10 different ways in real estate.
0:11.8	Absolutely. There's people wholesale flipping. I got some friends of mine.
0:16.4	One kid's 20 years old. He just flipped it made $10,000. He's just wholesale in
0:21.2	real estate. He's not even owning the properties.
0:23.1	Just getting people to like.
0:24.0	Some people watch us on the show and they think, okay, these guys are agents.
0:26.4	They don't realize that half of our income comes from investing in real estate.
0:30.4	Yes.
0:31.0	We also flip properties from everything from building properties to remodeling
0:36.2	properties to flipping contracts to being part of hard money deals.
0:40.8	Yeah.
0:41.0	Whatever it is, anything real estate under the sun.
0:43.2	Yeah.
0:43.4	We like to get involved in our business model just in order to be successful in life
0:48.0	as you can't be so heavily invested in one thing.
0:50.3	So we like to spread it around.
0:51.6	We love real estate.
0:52.7	Yeah.
0:52.9	We love all different aspects of it.
0:54.6	So for us, if a market changes, we don't want to be in a position ever again,
	...

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