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Investing in Real Estate with Clayton Morris | Investing for Beginners

824: 5 Benefits of Working with a Real Estate Team - Episode 824

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

Investing, How To, News, Education, Business, Business News

4.11.1K Ratings

🗓️ 10 March 2022

⏱️ 34 minutes

🧾️ Download transcript

Summary

One of the biggest mistakes new investors make is trying to do it alone. Especially if you're buying real estate out of state, you're going to need a team by your side to make your experience passive, sustainable, and headache-free.

Today I'm going to share the 5 benefits of working with a real estate team, and why this is instrumental to your success. Join me for episode 824 of Investing in Real Estate!

Transcript

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0:00.0

Hi everyone this is James Harkin and Anna Tashinsky two writers of the TV show

0:05.2

QI and two-fourths of the hit podcast no such thing as a fish.

0:09.2

We'd like to let you know that we've written a book it It is called everything to play for. The most

0:14.4

interesting things there are to know about the world of sports. It's for you

0:18.2

whether you like sports or not. Did you know that legendary cricketer Gary Sobers scored his final century while drunk?

0:25.7

Or that games of lacrosse used to involve 100,000 players.

0:31.7

Learn that and so much more by getting everything to play for, the QI Book of Sports, available

0:36.2

in all bookshops and online right now. Welcome in, welcome in, everyone, to the Investing in Real Estate Show.

0:48.9

I'm Clayton Morris, longtime real estate investor,

0:51.5

and I learned the hard way trying to do everything

0:53.8

myself over the years you know that's one thing you you can't do in life and you

0:58.0

cannot do it in real estate investing is trying to do everything yourself on

1:01.4

today's show we're gonna talk about working with a team

1:04.1

and the importance of having a real estate investing team all around you. In fact, I

1:09.6

reference this book quite a bit. Robert Kiosaki, he wrote a book called Better Than Money,

1:15.5

which is The Team. The Team is better than having money. By having the lawyers, by having

1:20.8

your accountants, by having your property management team, by having your construction team, by having any advisors around you, surrounding yourself with smart people.

1:29.0

Right, that's the key to success. Surround yourself with smart people. Steve know, Steve Jobs once famously said who, you know, he was pretty smart himself, but his goal was he wanted to hire these smartest people. He wanted the absolute smartest people around him to make the decisions for him, right?

1:44.9

Making the engineering decisions, the design decisions, having the smartest engineers.

1:51.2

That's the key. Surround yourself with those people and that's

1:54.4

how you can lead to success. One of the biggest mistakes new investors make is that

1:57.7

they try to do it all alone. They try to do it totally by themselves. So I'm going to

...

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