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Big Fat Real Estate Checks

Ep13: Biggest Fears And Mistakes In Real Estate You Should Avoid - Marco Kozlowski

Big Fat Real Estate Checks

Marco Kozlowski

How To, Education, Realestate, Business, Investing

5957 Ratings

🗓️ 13 October 2020

⏱️ 17 minutes

🧾️ Download transcript

Summary

In the real estate industry, everything you do comes with a risk. But because of the super high rate of returns and steady passive income, a lot of investors are still willing to take that risk and jump on it!

They say every mistake that you make should be a learning experience. In this episode, Marco, Gabriel and Frank talk about their mistakes in real estate investing and how to overcome it.

WHAT YOU'LL LEARN FROM THIS EPISODE

  • Sample mistakes you can make in real estate investing
    • a. Not following process
    • b. Being too analytical
    • c. Not going through many leads as possible
    • d. Not marketing properly
    • e. Not using the right tools
    • f. Using your own money
    • g. Trying to get a yes too fast, not building an impasse
    • h. Not having enough lead in your pipeline
    • i. Believing what the sellers is telling you
  • Why is due diligence important?
  • Understanding how to create deal
  • Use the right paper works
  • What happens if you do analysis paralysis
  • What's the biggest stopper of wealth?
  • Mistakes are part of the journey

RESOURCES FROM THIS EPISODE

Click here for the free quick start course "Get Deals By Tuesday" Masterclass.

CONNECT WITH US

Transcript

Click on a timestamp to play from that location

0:00.0

If you're doing something and it's not working, it's not the thing that doesn't work.

0:05.2

Everyone's in the real estate business. If you live somewhere, you're in the real estate business.

0:08.9

You're either being paid or paying to stay there. Which side of the coin do you want to be on? Do you want to get paid or do you want to pay?

0:18.2

Welcome to the big fat real estate checks podcast with Marco Kislowski where we help investors like you get the knowledge

0:26.0

and skills you need to replace your J-O-B with passive cash flow for life.

0:31.5

Hey everyone, welcome back.

0:34.0

This is of course, Marco Kauslowski, your fearless leader in this series.

0:38.0

We're going to be discussing all sorts of amazing things regarding to exploding your wealth using real estate as the vehicle,

0:46.2

to make cash flow, to have equity, to build wealth, pay less taxes and a whole lot of other

0:51.6

goodies. And today I'm joined in the studio with Gabriel and Frank

0:56.9

to amazing humans that have been helping me help others

1:01.1

and be more efficient, be better, and hold myself accountable, I hold them accountable

1:08.1

to not only buy as many cash flowing assets as possible, but also help other people that want to learn these processes

1:15.2

and be as efficient as possible in that process. So, pretty excited for this episode. We're going to be talking

1:20.8

about very common mistakes that people do make.

1:25.0

There are so many that can be made.

1:27.0

A, not following process.

1:29.0

B, being too analytical and not going through as many leads as possible, not marketing properly,

1:39.4

not using the right tools, using your own money, and man, there's so many mistakes that you could be making.

1:45.9

It's ridiculous.

1:47.4

Trying to get to a yes too fast, not building an impasse, and not having enough leads in your pipeline and also believing whatever the seller is telling you.

1:56.0

I've seen too many times someone comes and sends me a message,

...

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