Let’s say you’ve already started and you’re overwhelmed, and you’re like, oh my gosh, I don’t know what to do. I don’t know where to go, I feel hold one direction, another direction and wearing too many hats. Whatever it is that you’re dealing with. If you’re feeling that way, today, we’re going to tell you why. And then we’re going to create a video on how to overcome it. stay till the end of this video, I’m going to bring up my journey, and why it took me so long to get started in real estate and why I understand exactly what you’re dealing with in your journey to either get your first deal or in scaling your business. Let’s get started. Reason number one, you don’t know what you want. Okay, this is a good one. I see so many people that are brand new in this business.
Actually, you know what, to be honest, everybody goes through this. I go through this myself because there’s so many different ways to be successful in real estate. Should I fix and flip should I wholesale? Should I do multifamily? Should I do mobile home parks? Should I do creative finance? Should I do the bur strategy? I could go on and on and on. I didn’t even talk about commercial real estate or land development or apartment complexes wholesaling land, oh, my gosh, it gets so overwhelming for people when they jump into real estate because you’ll listen to me. You’ll then listen to my buddy Ryan Penedo, Brent Daniels, Jerry Norton, all of these amazing influencers who have absolutely unbelievable advice. I’m in the opinion that it’s okay to buy single family homes and duplexes and fourplexes and things smaller than 16 plexes for your first deal.
And now you’ve got a really really smart influencer saying don’t buy those types of deals, then you get Grant Cardone, who actually started out with single family homes, just one little house, I believe it was in Texas, telling people don’t waste your time on single family homes. Okay, but isn’t that how you got your start? And so the advice changes as the influencer changes. So the reason why you’re lost and overwhelmed is because you’re listening to everybody. And not only are you listening to everybody, you’re listening to them as they scale their business. So you really need to come down to the basics and understand what is it that you want specifically, do you want your first deal? Do you want your first Airbnb? Do you want your first creative finance deal? Do you want cash flow?
Download my “Guide to Avoid Being Overwhelmed” here: Pace’s Business Guide.
Do you want money today? Because what you want will determine where you should start and where you should focus your time. So for example, if I’m a kid, like 1819 year old kid, yes, you’re a man. I know you’re a man. Living in your mom’s basement. 18 years old. I know you’re a man. Let’s say that you’re a young kid, and you’re like, Yo, I don’t really have a lot of cash. Guess what I would do, I would probably go out and wholesale cash deals or I would wholesale creative finance. We just had one of our students Dante Smith, his first deal as an 18 year old kid living in his parents basement, legit get a lot of people like that. That’s why real estate’s amazing is you don’t have to go to college, you can live in your parents basement and do real estate deals. Dante Smith just did his first deal.
And it’s called wholesaling, a Novation agreement. Some of you guys don’t even know what that means. And so now what you’re going to do is you’re going to Google Novation agreement, you’re not going to find out any information about it, and it’s going to get you more lost, and it’s going to get you more overwhelmed. And this is exactly the cycle I’m talking about. So all you need to do is pull out a sheet of paper, I’m gonna give you guys a little bit of some coaching here in the section down below, we’ve got a PDF, that’s a download of some homework you can take, okay, just to kind of figure out what it is you actually want and how to take those first couple of steps. Let’s figure out what you want. First, if I’m somebody who doesn’t have cash, and I want to get started and get some momentum, wholesaling, real estate, whether it’s a cash deal, or a creative finance deal is, in my opinion, the best, fastest way to get started in real estate and to get cash in your pocket…