This is Eat, Sleep, Invest, and in this episode, Bryan Driscoll sits down with Ron LeGrand. Ron is a long-time real estate investor with over 40 years of experience. He has also been helping other investors learn the ropes for the last 33 years. He has been busy teaching investors to use automation, delegate tasks, and get out of the way to let their businesses flourish.

Ron has learned the business through many years of trial and error and wants to pass on what he’s learned. He has created courses, hosts classes to help people learn the business, and continues teaching even in retirement. He has many success stories from his students and has helped create other millionaires and teachers. Bryan and Ron discuss:

2:09 Why Ron has been holding onto properties through lease-purchase agreements to generate revenue

4:15 How you can avoid using your money to invest in real estate to protect yourself

4:50 How tough times can make more motivated sellers, and the service real estate investors can provide

7:15 Debunking the idea that real estate investing takes money, good credit, and a lot of experience

8:16 How mindset, fear, and bad advice are most likely to get in the way of people who want to start investing

11:05 How education is crucial but useless without implementation

11:33 The importance of getting someone else to do the things you don’t know how to do and delegating your team

12:21 Why investors need to generate quality leads and learn to make phone calls

16:08 Some of the 14 mistakes people make when having a conversation with potential sellers, like talking too much, talking too fast, and begging

21:08 Why you don’t need a down payment

23:40 The IRS rules that allow you to avoid paying taxes legally

31:13 The classes and learning opportunities Ron currently has for real estate investors

Learn more:

https://www.ronlegrand.com/products/terms-webinar-registration/?aid=24800

https://www.ronlegrand.com/products/quick-start-real-estate-school/

https://thementorpodcast.com/