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Epic Real Estate Investing

Epic Pro Quick Tip : Real Estate Investing's Silver Bullet

Epic Real Estate Investing

Matt Theriault

Investing, Business

4.7955 Ratings

🗓️ 7 April 2012

⏱️ 6 minutes

🧾️ Download transcript

Summary

Real estate investing has frustrated and discouraged more people to only be allured by the elusive silver bullet. There is no silver bullet, or is there?

Get your free real estate investing course at FreeRealEstateInvestingCourse.com

Transcript

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0:00.0

This episode is brought to you by Oracle.

0:03.0

AI is storming every industry, but how do you compete without costs spiraling out of control?

0:08.9

Time to upgrade to Oracle Cloud Infrastructure, or OCI.

0:13.4

OCI is one efficient platform for your infrastructure, database and application development

0:18.7

with AI built in.

0:20.4

Do more and spend less like Uber, the Premier League and Oracle Red Bull Racing.

0:25.0

Take a free test drive at oracle.com slash Spotify.

0:30.0

This episode is brought to you by Revolute.

0:32.7

Revolute is your perfect travel companion for all things money.

0:36.2

You can spend in over 150 currencies with great exchange rates

0:40.3

and withdraw from ATMs all over the world, with no charges from Revolute within your plan allowance.

0:46.0

Sign up to Revolute at Revolute.com slash podcast reward and receive 20 pounds when you make your first purchase with Revolute.

0:53.2

Until 18th of June 2024, 18 plus, T's and C supply, exchange fees and fair usage limits supply. Hey Matt here from the Epic Pro Academy with another quick tip for you.

1:12.0

In a recent survey, when 100 millionaire real estate investors were asked,

1:17.0

where do most of your deals come from?

1:20.0

86% of their deals came from just four sources. 7% came from foreclosure listings.

1:27.6

9% came from advertising, and 10% came from walking and driving neighborhoods.

1:34.0

But 60% of all their deals came from their networks.

1:40.0

And what that conveys is, real estate is indeed a people business.

1:45.2

And not only is every piece of real estate that you buy or sell,

1:49.6

that it'll be to or from another person,

1:52.4

70% of your deals will be referred to you by another person.

...

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