659: Beat the Grind: Make Millions in Real Estate by Gamifying Your Day-To-Day
BiggerPockets Real Estate Podcast
BiggerPockets
4.8 • 16.5K Ratings
🗓️ 8 September 2022
⏱️ 66 minutes
🧾️ Download transcript
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
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
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:
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-659
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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 anything |
| 0:49.5 | that is it just a plain black tee that he got out of a plastic package at Costco? Rob, tell me what |
| 0:56.4 | do I owe the honor of this privilege to? Okay. I'll give you, I'll give you the truth here. All right, |
| 1:01.4 | so look, I used to be a big graphic tee guy and then people on the channel would be like, |
| 1:05.2 | where did you get your shirts? And then I, I watched this video that was like, why I wear this, |
| 1:10.0 | why I wore the same shirt for the last two years. And I was like, man, that's a great concept. |
| 1:13.2 | I'm going to wear a black pocket tee every single day. And then I moved to Houston and everything |
| 1:19.2 | is hot and literally all my black pocket teas are like drenched in the laundry basket right now |
| 1:24.9 | 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, |
| 1:35.1 | I'm going to start reintroducing that in the wild here. So you're doing that thing where you try |
| 1:39.2 | 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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