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29: [Team Building] Actionable Tips for Beginner Real Estate Investors w/Brandon Turner

Released Monday, 11th April 2016
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Brandon is a painter, extortionist,  exorcist, and lover (not a fighter.)  He' would also like everyone to know he is not a robot, despite claims to the contrary.   Little known fact: He’s the VP of Growth and Communications here at BiggerPockets.com.

Brandon joined me on the Flipping Junkie podcast way back in episode 2 of the show.  He’s very busy and I really appreciate him taking the time to be on the show again.  I enjoy talking with Brandon and consider him a great friend.

On this episode, we cover over 22 actionable tips for beginner real estate investors.  Even though we say these are tips for beginners, I think we can all say that even experiences house flippers do not do all of these things.  If we all would work at putting these tips into action, we’d all make more money and have more free time.

The important thing to always remember is that this is a marathon, not an all out sprint.  Do not try to go out and do all of these things this next week as you will burn yourself out and half-ass all of them.  That’s just a waste of time.

Take your time.  Pick 3 and commit to do them well.

My favorite actionable tips from the show are:

1. Eliminate 2 words from your vocabulary completely: ‘I Can’t’ and replace them with ‘How Can I?’

2. Write your first “yellow letter.”  Simply get a yellow pad of paper and write, Dear Johnny Appleseed, I’m interested in buying your house at 123 Plum Orchard Rd.  If you would consider selling, please call me at 222-2222.  Very sincerely, Joe Investor.  Yes, it’s really as simple as that.  Drive for dollars and find a vacant house.  Look up the owners address from your county’s tax assessor website.  It’s very simple.