659: Beat the Grind: Make Millions in Real Estate by Gamifying Your Day-To-Day w/Luke Rotvold

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 8 September 2022

⏱️ 68 minutes

🔗️ Recording | iTunes | RSS

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Summary

Nobody likes cold calling. Even just the thought of cold calling is enough to make seasoned real estate investors start to sweat. The waiting, debating, and constant rejection can get to anyone. So why not take the stress out of a tense situation? Why not make cold calling a game? Luke Rotvold decided to do just this. As a new wholesaler, he was used to spending hours on the phone every day. He got so bored that he started playing video games while negotiating with sellers. Surprisingly, it didn’t distract him—it made finding deals far easier. Luke severely leveled up his cold calling skills during those eight-hour long Madden marathons, and eventually started making enough money to build his own team. But Luke didn’t want to start something that felt like a drag to the workers, employers, and everyone else in between. Instead, Luke built a lifestyle-first business, where everyone wins (and loses) together, and coming to work feels like an escape, not a prison sentence. The results speak for themselves as Luke and his team have been able to crush massive wholesaling, flipping, and investing goals. Luke has made hundreds of thousands on flips, tens of thousands cold calling, and now watches as his cascading cash flow rolls in from his buy and hold investments. He breaks down his four tips to gamify your real estate business so you, and your team, can build wealth together. In This Episode We Cover: Why cold calling is such a difficult skill to master and how making it fun will get your more deals Creating a company culture that outside employees will be envious of The four ways to gamify your real estate investing so you can enjoy getting more done Sharing the wins, and losses, with a team so everyone rises together Incentivizing not only your employees but yourself by building powerful goals Partnering with those you work with so you can collectively build bigger portfolios And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter 5 Cold Calling Techniques That Really Work No. 1 Most Effective Way to Master the Art of Cold Calling Which Company Culture Cultivates Competency? Books Mentioned in the Show: Top Five Regrets of the Dying by Bronnie Ware The Monk Who Sold His Ferrari by Robin Sharma Connect with Luke: Luke's Instagram Luke's YouTube Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-659 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the Bigger Pockets Podcast. Show 6.5.9.
0:04.7	Something that's big is we give our entire team so much freedom in the sense that if they ever need
0:10.0	anything, if they ever want to take a trip, they don't even, they can ask us but they really
0:13.6	don't even need to. It's done. It's done. So I mean, you know, there'll be times when, you know,
0:19.6	anyone in our team, they can say, this is coming out, this is going to do this. Perfect. You're
0:23.6	gone. Have fun. Enjoy it. Enjoy your time with the family. So we've made sure that everyone knows
0:27.9	how, how important it is to us that they get their, their time with their family.
0:32.4	What's going on everyone? This is David Green. You are host of the Bigger Pockets Real
0:36.0	State Podcast, the best real estate podcast in the world by far. I'm here joined today by my co-host
0:42.9	Rob Abbasolo wearing a John Mayher t-shirt. The first time I've seen him in a print-a-t or
0:48.7	anything that is it just a plain black tee that he got out of a plastic package at Costco? Rob,
0:55.0	tell me what do I owe the honor of this privilege to. Okay. I'll give you, I'll give you the truth
1:00.9	here. All right. So look, I used to be a big graphic tea guy and then people on the channel would
1:04.8	be like, where did you get your shirts? And then I, I watched this video that was like, why I wear
1:09.8	this, why I wore the same shirt for the last two years and I was like, man, that's a great
1:12.9	concept. I'm going to wear a black pocket tee every single day. And then I moved to Houston and
1:18.8	everything is hot and literally all my black pocket teas are like drenched in the laundry basket
1:24.8	now because I've been filming content outside. So, you know, part of it is it's laundry day,
1:30.3	but also I think it's time to bring back the pocket teas. I think I'm going to just,
1:34.8	I'm going to start reintroducing that in the wild here. So you're doing that thing where you try
1:39.3	really hard to look like you're not trying hard by wearing black pocket teas. That's right.
1:44.7	It was a game for a long time because I was really trying to find the best black,
	...

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