494: The Five F-Words Every Real Estate Investor Needs to Master

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Investing, Business

4.8 • 16.6K Ratings

🗓️ 12 August 2021

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

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Summary

There’s a new three-peat on the BiggerPockets Real Estate Podcast, and no, it’s not Michael Jordan. Danny Johnson, the founder of Forefront CRM, is back with us on today’s episode to talk about the five F-words of real estate investing. Before you jump to conclusions, this is a family-friendly show, the F-words we’re talking about are fear, fundamentals, focus, funnel, and follow up. Many investors find too few deals, too few motivated sellers, or too few ways to find financing. This is all being said while other investors are closing deals, finding motivated sellers, and getting the financing they need to pursue even more deals. What separates the two from each other? Often, it comes down to the simplest things. Are you trying to be too creative or are you mastering the fundamentals? Do you know your metrics down to a tee so you can improve upon them? How is your funnel being filled and where are your leads coming through? If leads come through, are you following up or letting them fade away? And lastly, are you pushing past your fear to do any of the above things? If you feel like you’re stuck, without much of a handle on your real estate business, feel free to try Danny's Forefront CRM! In This Episode We Cover: How to create time freedom in a business largely depends on your efforts Tracking how your team performs their work and continuously improving Pushing past fear and not allowing laziness to stop your dreams Understanding the fundamentals and performing them as well as possible Tracking and reviewing metrics consistently Knowing the costs to fill your funnel and seeing every phone call as a potential deal Following up with customers (without being too salesy or pushy) And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Calculators BiggerPockets Youtube Channel BiggerPockets Podcast 018 : Flipping, Marketing, and Wholesaling with Danny Johnson BiggerPockets Podcast 144: Getting Out of Your Comfort Zone and Kicking Butt at Real Estate with Danny Johnson Trello Pipedrive ForefrontCRM Brandon's Instagram David's Instagram Check the full show notes here: https://biggerpockets.com/show494 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is a bigger pockets podcast show 494.
0:03.9	Fear doesn't really go away.
0:05.7	Right?
0:06.7	A lot of times it's not that the fear goes away.
0:08.4	You don't have the fear anymore.
0:09.7	You still have the fear.
0:11.0	But it's just that you get braver.
0:12.4	And so it's this whole idea of with looking at what it is, right?
0:16.2	Being aware of it first and foremost, accepting it and then deciding to voluntarily look at
0:21.7	it, deal with it and work through it.
0:24.3	It's like a call to adventure.
0:26.0	You're listening to bigger pockets radio, simplifying real estate for investors large and
0:31.2	small.
0:32.3	If you're here looking to learn about real estate investing, without all the hype, you're
0:36.3	in the right place.
0:38.2	Stay tuned and be sure to join the millions of others who have benefited from bigger pockets.com.
0:44.2	Your home for real estate investing online.
0:47.2	What's going on?
0:48.2	It's Brandon Turner, host of the bigger pockets podcast here with my co-host, Mr. David
0:51.6	Green.
0:52.6	What's up, David Green?
0:53.6	How you doing?
	...

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