Mistakes Most Real Estate Investors Make During A Shifting Market - FFT
Millionaire Mindcast
Matt Aitchison
4.8 • 721 Ratings
🗓️ 13 May 2022
⏱️ 27 minutes
🧾️ Download transcript
Summary
In this episode of Millionaire Mindcast, Matty shares the mistakes most Real Estate Investors make during a shifting market. This and more on today's Food for Thought Friday episode. Tune-in. Enjoy.
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Transcript
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| 0:00.0 | Welcome to the Millionaire Mindcast, where we broadcast weekly interviews with millionaire |
| 0:10.4 | minds from across the globe to empower you on your journey of unlocking a rich and fulfilling |
| 0:16.0 | life. |
| 0:17.0 | It's time to unleash your millionaire within. |
| 0:20.0 | Now here's your host, Mad mattie a what's going on guys |
| 0:24.9 | welcome into today's show the market is shifting not only is it shifting it is already |
| 0:32.7 | shifted quite significantly and i'm talking specifically about, of course, real estate investing. |
| 0:40.7 | As many of you know, my roots and tree trunk of my core focus in business and wealth building |
| 0:46.9 | is in real estate. And so I'm a big believer in the best, nobody has a crystal ball, |
| 0:51.9 | but the best crystal ball is always using the data, |
| 0:55.5 | right? The data that's out there to help drive your next decision, because at the end of the |
| 1:00.1 | day, when it comes to investing, you know, why I stopped being a realtor in my early 20s, |
| 1:05.4 | why I really transitioned over to being a full-time real estate investor was the decisions that are driven by emotion |
| 1:13.3 | from most people often lead to things that aren't the most logical. They aren't rooted in, |
| 1:22.0 | you know, making the most sense. And emotion, oftentimes, especially when we're talking about |
| 1:27.2 | wealth building, increasing your |
| 1:29.4 | income, elevating your finances, and taking your life to that next level, it's got to be |
| 1:36.1 | rooted in making dollars and cents, right? It has to be something that you can hang your hat on |
| 1:42.8 | knowing that the data helps you make the best |
| 1:46.1 | decision to serve and achieve and align with your goals. So one of the things that I always love |
| 1:52.2 | to do is it's boring as shit. I'm not going to lie. I mean, it's not something that I absolutely |
| 1:57.6 | love doing, especially in the beginning. But as I've gotten more and more into the |
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