The ONE Thing Your Success (Or Failure) Hinges On In Real Estate…

27 comments

S

o let me ask you: Why are you even doing this?

I mean, why are you even in real estate investing in the first place? What first sparked your interest and made you decide to choose this path versus some other one? What is it that motivates you to keep going?

Or even better question: When things get super discouraging, or frustrating, or weird, or bone-crunchingly hard, what is it that gets you back on track and keeps you focused and pressing on? What keeps you getting out of bed early with excitement and passionately awake inspired at night?

Maybe you’ve already faced something that’s sent you reeling or sucker punched you and sent you flying off the tracks entirely, like…

  Overhwlem or info overload
  Bright shiny objects yanking you all over the place
  Fear of making big, expensive, painful mistakes
  ‘Negative Nancies’ or other challenging people in your life
  Confusion about the right direction or next steps to take
  Money wasted with no results, or even deals gone bad
  Disillusionment, distraction, despair or other head junk

The fact of the matter is, this stuff is pretty typical in the life span of most investors… but it’s also a merciless dream killer… or an outright death dealer for far too many of us.

But here’s the really great news: When crap happens like this, there’s one potent thing that’ll let you tap reserves of energy, focus, determination and courage you didn’t even know you had, when you need them the most.

It’s a singular, game-changing idea that’ll keep you (or put you back) solidly on track when the proverbial feces hits the proverbial rotating blade device. –»

So what’s the big idea?

I’m so glad you asked… 😀

See, not long ago we (Patrick and JP) did this fun little experiment where we hopped on a webcast live and started answering a whole bunch of real estate questions in real-time, anything goes. And in the process we really opened up and shared some heavy stuff.

It was actually a 3-parter over three consecutive nights, and our goal was to really put it all out there and share openly from our real life experiences some of the biggest, most important lessons we’ve learned over the years, including even the painful and/or embarrassing ones from the school of hard knocks.

So in the first webcast we ended up focusing almost entirely on this one game-changing concept – and it was powerful. So, if you missed out when we did this live then I invite you – no, I urge you to take some time and ponder this with us for a few minutes. Because frankly, I’ll go out on a limb and say this is very likely the single biggest, most important hinge point in your ultimate success (or epic failure) as a real estate investor – hence the title of this blog post.  **winks slyly**

So, lookie here…

We tackled the big stuff right out of the gate in the first half, and then chased that with a sweet, free-for-all Q&A in the second half where a lot of great tactical real estate investing questions got answered. I think you’ll get a lot out of it.

So…thoughts?

Did any of this hit home with you?

Please share what resonates with you from this with a quick comment below. We’re all ears, and we love interacting with you.

And don’t forget to be awesome.

Patrick & JP

Hi, we are Patrick and JP and we are real estate nerds, older and somewhat more respectable than we typically look, and mostly pretty good friends. Patrick: Visionary, freelance ponderer, unapologetic iced coffee enthusiast, loves beach volleyball, local IPAs & flipping pillows over to get to the cold side. JP: Communicator, troublemaker, bacon evangelist, harsh critic of them who put clothes on their pets, loves Costco samples & traveling everywhere like such as. Together: They combine to form the Giant Superhero Robot that is Awesome REI.

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27 comments
Jim Wilson

OMG! After getting advise to not invest now in today’s market, you inspired me to move forward. Looking forward to the rest of the knowledge.

If you get to Phoenix, ya gotta look me up. I make beer as a hobby. Octoberfest, red ale and a smoking nice IPA.

Try Malbec as a red wine. Turned my fiancé into a corkhead with that one.

Love you guys… You beat the heck outta the slick California investors I’ve seen.

Jim

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    Johnpaul Moses

    Duuuuuude. First off, you’re so welcome. Thrilled to hear this session inspired you to action like that. LOVE it.

    Second, you had me at “beer” and I also loves me a good malbec. Next time I’m in Phoenix, I may just look you up, man! 🙂

    Reply
Cheryl Vargas

Hi Patrick and JP
It was great hearing your stories!
You both sound like genuine people who want to give back to the community by sharing all of the knowledge that you have, in addition to offering many awesome products. I’m looking forward to researching and learning more about your products!

Reply
Barry Hart

Great presentation and comments. Good luck with this program and keep your “in the trenches” reality and experience on the radar of sharing and teaching!

Barry

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EDWARD CAMPAGNA

HONEST..ONLY…&..FREE..OR..PAY..2ND..EARN..1ST..OK..TY…

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Patrick Riddle

You’re welcome Amiri. Glad you enjoyed.

– Patrick

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Gary

Two Hours? Really? I’m way too old to lose that much time listening to two guys bantering on about …. stuff hitting the fan. BTW, I just saw the beginning toast and noticed the time span, then quickly exited before I lost another few seconds of life. Sorry guys. Let me know when you get a condensed version of qualitative substance, I’ll try to watch it.

Reply
    Patrick Riddle

    Hey Gary, thanks for the feedback. If it’s not for you, just move on. However, that video is hosted through youtube and if you mouse over it, you’ll see a “gear” icon in the bottom right and you can adjust the speed at which the video plays.

    – Patrick

    Reply
      Art Link

      I’m with Gary on this one. Is there a text version that I can look through and cherry pick the points most important to me?

      Reply
        Johnpaul Moses

        Sorry Art and Gary, we don’t have a text version or anything like that to offer you. But you could use the little “gear” icon on the lower-right of the video to speed through it if you want to. That’s about the only way I watch videos anymore 🙂

        Reply
MIKE

YOU GUYS ARE AWESOME TO SPEND SO MUCH TIME WITH US. HOW DO YOU HAVE TIME TO CONTINUE INVESTING, NOW?

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    Patrick Riddle

    Thanks Mike! As we always say, real estate investing is a team sport. We definitely couldn’t provide what we do here at awesome REI without the awesome people we surround ourselves that help our businesses run smoothly.

    – Patrick

    Reply
Mario Dimacias

Hi guys, I’m an Investor in the beautiful Napa Valley in CA. Anyway, I’m so glad that you guys have put this out there, I’m so tired of empty promises just to buy a monthly product or software. I’ve stopped doing it, trying to get into Wholesaling, and really got turned off, by Kent’s product and Preston Ely, and others. I wanted to ask you, though, how do I sign up and move forward. Furthermore, are you guys doing something like Freedom Soft or Realeflow? Please, kindly advise, thank you very much.

Reply
    Patrick Riddle

    Hey Mario, we’re big proponents of investing in your education and business (be it through training programs, software, etc)… but you’ve gotta take corresponding action to get a return on your investment. We have several trainings – you can check ’em out under the “Awesome Products” area in the navigation bar. We don’t have a full CRM software like FreedomSoft or Realeflow… but we’ve just recently come out with our first software program called 1-Minute Leads. We’ll definitely be developing more software tools for our own businesses and for students in the future.

    – Patrick

    Reply
      Mario Dimacias

      Thank you Patrick! It’s a real honor being part of this group. It’s just nice finding a genuine group that’s down to earth, and enjoys some good suds. 😉
      Furthermore, that is great news! I’ve purchased the 1-minute leads, and let me tell you, that it’s awesome and easy to use. Thanks once again.

      Reply
Michele

Hi,

Thank-you for allowing me to listen in. I saw a house by owner I thought would be a great starting point. Don’t know how to approach?

Michele

Reply
    Patrick Riddle

    Hey Michele, just call the owner and ask them to tell you about the property, ask about their situation (why they’re selling), and simply gather information. That’s a good start.

    – Patrick

    Reply
Modie

Tired of worrying day to day about being able to make it.

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    Patrick Riddle

    Hey Modie, I’ve been there before and can tell you that it will get better… when you take massive action and keep getting back up every time you get knocked down. Use your current circumstances as fuel to motivated and inspire yourself into action.

    – Patrick

    Reply
Paula Singletary

What sparked my interest was needing to know how to make income anytime, anyplace & anywhere lead me looking at the real estate industry…then the easiest method to use to have a passive income coin in monthly

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Antonio

I’m in the middle of building my credit. I have no collective resources or means of attaining realestate. So my question is what’s other steps should I take in persuing my dreams? I read countless books and have attended many of seminars but I constantly run into the same dilemmas, what must I do?

Reply
    Patrick Riddle

    Antonio, one of the easiest ways to get started in real estate investing is wholesaling. It doesn’t require any of your own money or credit. Start there, get a few deals under your belt, and go from there.

    – Patrick

    Reply
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