What To Do After Your First Deal In Real Estate Investing 2022

You just did you just wholesale the Novation agreement. Nobody else could even touch that view. You could post that on, you could post that on Dave Ramsey’s Instagram, and that old piece of shit wouldn’t even know what the hell you would be like you’re speaking a different language. I don’t even know what you just said, you know more than Dave Ramsey does about real estate. What is that? How does that make you feel? Like a badass like a badass. Okay, so here’s the thing. You too, you did some activities that got you there, you’re immediately thinking how do I not do those activities anymore? We already know that’s flawed thinking.

Right? What I would do $1,000 goes over to the tax account. And that when do you get that $1,000 You get that $1,000 When you successfully buy your first sub to or seller finance Airbnb. You don’t need to you don’t need to look at this world as I need to be pace. In year one, year two, year three, whatever. Right? Right. Just do one Airbnb this year, bro. It’ll change your whole entire life. That’s it. You got 12 months to do your first Airbnb, take your time, do the things that you were doing. Network a little bit more. Okay, network a little bit more because now you have a little bit to offer. Right? Right. Okay, don’t sidetrack your time.

What I would do give them to give you a couple pieces of advice and this is going to potentially overwhelm you, but you have to pick and choose what’s going to work for you. I can’t tell you. Your responsibility now is to step up, like step up just a notch and become a leader. But guess what? Keep doing the things that got you the contract. Wait until you have 20 grand in the bank. 25 grand in the bank, then hire somebody. Okay, okay, put some money in the bank.

Now what do I do with the other $4,000 Here’s what I do reinvest in some marketing, right, another 1000 Maybe $2,000 and the other $2,000 Here’s what I would do, I would put $1,000 into savings, like an OH CRAP Fund, and the other $1,000 I’d go blow it on yourself, whatever you want. That’s what I would do. You might even already have plans for it. Maybe you’ve already spent the money I don’t know. But that’s what I would have been.

I haven’t even touched it. Love it $1,000 into taxes that you will get back at the end of the year because you’re gonna buy an Airbnb this year. Lincoln with Mooney Lincoln was Samsung Lincoln with these people make them your friends. You’re going to get an Airbnb this year. It’s not the $5,000 What is it? What really does I want? The five grand is cool, but what is it really to you that that $5,000 In this deal represents irreparably represents like a shift for me. For me it represents like a shift in a different direction. Like something I’ve never done before.

It is this a symbol of you know, I can do this, I can really do this. You can do this. Here’s what it represents for me too is that you have now progressed to a point where it’s going to get easier and easier and easier and easier and the doubt that you had in yourself starts going away and the confidence builds and the confidence builds so do not stop doing the things that built the confidence. Got the people proud of you. Got you the $5,000 do not listen to me bro. double down on the things that made you the money get on the phone with the sellers. That is what makes you money.