I've Never Done a Deal...By Myself » REI In Your Car » Episode 1035

Real Estate Investing Mastery Podcast

I’m coming at you from my car today, because I had something on my mind that I couldn’t wait to share with you.

I’ve never done a deal by myself. I always partner with someone, or hire someone to do stuff for me.

It all started when I realized two important things: first, marketing is super important for real estate investing. Second, I don’t like marketing! It finally dawned on me that I couldn’t just rely on myself to get the marketing done. I needed to hire someone else to make sure that the marketing happened, whether I did it myself or not. So, I hired a Virtual Assistant, and she started doing my marketing for me.

Soon after that, I was so busy that I had to hire a realtor and take on a partner. By partnering with other people, I was able to go from one deal a month to quitting my job and getting into real estate investing full-time. The trick is to view wholesalers and realtors as potential partners and collaborators, instead of just thinking of them as your competition.

The key is to figure out what things you are good at, and outsource the things that you aren’t good at or don’t like doing. And don’t forget; real estate is not a passive business. You’re still going to have to put in the work to manage the people that are working with and for you.

If you want to partner with me on deals, check out my new program at Partnerwithjoe.net. In there, I’ll teach you how to get your first check in the simplest, fastest way possible.

What's Inside:

—Don’t do it alone.

—Why I hire Virtual Assistants.

—Other wholesalers as potential collaborators and not competition.

—Communication skills are key to managing your business.