Everyone Has a Different RE Strategy, Who Can You Trust? | Saturday Edition E114

The Rich Somers Report

Rich Somers

Investing, Business

5.0 • 1K Ratings

🗓️ 25 November 2023

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

Everyone Has a Different RE Strategy, Who Can You Trust? | Saturday Edition E114On today's "Saturday Edition" episode, Rich answers the top question of the week that was sent in by our listeners. Rich and Alex reflect on the thanksgiving break and everything happening with Somers Capital this last week. They then analyze an Instagram post made by Richard Garcia that states every entrepreneur has their own opinions and personal strategy and share their own thoughts. If you have a quest...

Transcript

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0:00.0	I think at the end of the day there are literally 150 ways to make money in real estate investing and they all work that's the truth
0:06.7	They all work if you do it long enough and you get around the right folks
0:10.2	And you just keep going you're gonna find a way to become good at that one thing
0:15.2	And so there's no right or wrong. However, I will say this and this is really important for anyone out there to realize
0:20.8	when you were deciding which avenue you want to go down. The
0:24.8	avenues that have the higher barrier to entry, those avenues they're more challenging
0:30.9	to get into a deal. It requires maybe more legal, more regulatory stuff,
0:37.2	more bureaucracy, more capital, harder to find a deal, all that stuff. Those deals that have the higher better entry have the biggest opportunity at the end.
0:47.0	They have the highest reward.
0:49.0	Welcome to the Rich Drummers Report where we talk real estate, business, and wealth building all while keeping it real.
0:54.7	No fluff, no BS.
0:56.2	I hope that you enjoy the show.
0:59.7	All right guys, welcome to another episode of the report Saturday edition and I got my
1:07.4	co-host miss Alex Johnson Alex welcome to the show thank you how's it going it's
1:12.2	going really good we got Thanksgiving in Welcome to the show. Thank you. How's it going?
1:13.0	It's going really good.
1:14.0	We got Thanksgiving in two days.
1:15.0	We have our friends giving tonight.
1:18.0	And there's a lot to be thankful for this year.
1:21.0	It's been a fun year.
1:22.0	How's everything going with you?
1:23.4	It's good, yeah. But it's just sinking. Like it doesn't really feel like Thanksgiving
	...

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