Last Thursday night, I met with four of my closest friends. Instead of the usual night of drinking and talking about football, I thought we could do something different, based on some of the self-development and goal-setting exercises I've done in the past.
I was reviewing the last email I sent everyone, and I wanted to apologize. I realize that I might have gone a little overboard and come off as being a little bit "overhyped."
One big mindset shift I went through as I tried to get various projects going was this: Instead of trying to succeed at one particular (or several) project, focus on implementing habits of success. In other words, build a system which leads to success. Create routines that not only involve getting work done, but also mindset, networking, & learning.
We had a great time at Southside Parlor - we had the whole roof to ourselves until well after 8pm. The weather was beautiful, and we had a lot of interesting real estate conversations and one unexpected conversation about 50 Shades of Grey - don't ask!
Imagine this: You're over 40 years old. You're living in Korea, and you decide you want to invest in US Real estate. Only you don't have any experience in real estate investing, you don't have any networks, and you have no idea where to invest. In fact, you're so new to investing that you actually send over $20,000 via wire transfer to a person's LLC without a contract in place. Sounds like the beginning of another "newbie real estate horror story," right?
Succeeding in real estate is a lot simpler than you may think. In fact, I'm going to share a tip with you in this email that will put you ahead of 90% of the people out there. One of the first books on real estate investing that I read was written by Bryan Chavez, a former athlete who wrote a very detailed book with a very cheesy title: Buy It. Rent It. Profit.
"You don't know what you don't know." You hear that a lot from experienced investors. Last week, I got to experience firsthand what that means.
I love hearing that my post helped, R***! For me, I would actually sometimes write comments and then erase them before I hit submit. And now I help run the Seoul Real Estate Investing Meetup where I regularly have to address a room full of people and discuss investing! So, I've been able to come a long way and BiggerPockets was the biggest part of making all that happen.
I was thinking about an important topic - how to view success. Often times, how we perceive something will go a long ways toward determining whether we achieve our goals or not. So when it comes to success (and you can define it anyway you want to - success financially, success in relationships, success in your health, success in your relationship with God), how do you view it?
Today I was at my computer in the home office, looking at flips done by an investor in Tennessee, when in walks my seven-year-old daughter, still half asleep.
She takes a seat on my lap, without asking of course. She's still of the age where she sees my lap as her rightful place whenever it's available.
She looks groggily at the screen for a second and then says to me:
"Daddy... I have an idea."