The Benefits Of Doing Things That Suck
The A Game Podcast: Real Estate Investing For Entrepreneurs
Nick Lamagna
5.0 • 101 Ratings
🗓️ 20 December 2022
⏱️ 22 minutes
🧾️ Download transcript
Summary
Join Nick Lamagna as he sits down for a short solo episode to recap 2022 and give some insights on some things he is using at the end of the year to set himself and his business up for maximum results in early 2023! Doing things daily that you DON"T want to do is a phenominal way to build discipline and gain momentum. The things you do now are the results you will see at this time next year. Are there any better days to take action? Is there a time of day that works best? Any tools, tips to hold yourself accountable? What are you doing this year to sharpen the sword and be ready to take on the new year?!
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Text Nick today to do some real estate deals together whether you are new or experienced at (516) 540-5733
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Transcript
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| 0:00.0 | Welcome to the A-Game Podcast with Nick Lemanya, digging into the minds and experiences |
| 0:19.3 | of some of today's brightest entrepreneurs in real estate and business, along with Hollywood |
| 0:24.4 | stars, UFC fighters, and your favorite rock fans. People that have figured out how to overcome obstacles, |
| 0:31.1 | take chances, live boldly, and no matter what they do, they always bring their A-Game. |
| 0:46.4 | So a couple of things for one of them. I just wanted to do a little bit of the year in the |
| 0:50.5 | year. You know, you always look back. This is a weird year coming off of a weird year, |
| 0:54.8 | and the real estate market has just been changing, and one of the things I always look at is going |
| 1:00.3 | into 2023. There were so many things that people were fearful of for the last couple of years, |
| 1:07.2 | and if they wouldn't have hesitated so much, or wouldn't have let the fear get the best of them, |
| 1:12.2 | at the beginning of the pandemic, or before I just started going up, or there's all these things |
| 1:16.7 | to look back and say, I wish I would have done it then, but I really am trying to make a |
| 1:20.5 | conscious effort of looking at myself now, and every decision I make I look at in the future, |
| 1:26.8 | at the end of next year, what kind of decisions would I wish I would have made differently, |
| 1:31.3 | instead of looking at what it feels like right now, look at what it's going to be like later, |
| 1:34.6 | and I always have to remember the essentials of real estate is that it's always forgiving. |
| 1:38.0 | It's always going to go up over time. Things are always going to be good. It's even if you have a |
| 1:42.0 | couple of bumps and bruises or ups and downs, or negative months here and there, the equity, |
| 1:46.7 | the appreciation, the right office, the cash flow, all that is just something that you can always |
| 1:50.6 | back on, especially if you buy it in the right price of the right area. So, I think in arbitrage, |
| 1:55.0 | again, I said that word a lot, but within just rates going up, and the market getting a little bit |
| 2:00.0 | soft, it just allows you to buy it at a better price. So, if interest rates are up, it means you |
| 2:03.6 | have to get a better return, which means you have to get a lower purchase price on a better deal, |
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