As I travel the country teaching real estate investor seminars and training investors, one thing is becoming clear: The secret to being a successful real estate investor is not secret at all.
Yesterday, I taught another Ugly House Seminar in Richmond, VA. This was the fifth one this year. As I reflect on the audience they attract, it is actually helping me learn even more about my success, and how to help others obtain the success they desire. These events attract investors of all types. Yesterday, I was honored to have Karen Rittenhouse at the event. I had read Karen’s blogs on BiggerPockets and am even “friends” with her on Facebook. We had never met. When she bought a ticket, I saw the email confirmation. I was surprised.
As I taught yesterday, and got to meet her, it was a bit of a light bulb moment for me. Karen has bought over 500 houses, and has a sizable portfolio. Why would someone like that come to Richmond to sit in a real estate investor seminar all day on a Saturday?
The answer isn’t because I am a celebrity, because I am not. It isn’t because I am a genius, nope I am not that either. The answer is simple!
Successful Real Estate Investors like to be around other successful real estate investors!
The truth is, most of us obtain our success by networking with those that are where we want to be, or have been there before. You see, it is easier to be successful (or more successful in Karen’s case) when you learn from other’s successes and failures. This thirst for knowledge is something I have always had. It is the reason I started the REI Expo. Why not find a way to gather with hundreds (soon to be thousands) of investors that you can learn from, network with, and do business with.
So, you want to know how to be a successful real estate investor? GO MEET SUCCESSFUL INVESTORS!
You can start doing this online now:
- Go to Meetup.com and type in real estate investor and your city.
- Join BiggerPockets
- Join my email list on the right hand side of your screen
- Like my Facebook page
- Sign up for the next REI Expo.
- Find a real estate investor association (REIA) near you
Is there anything else you can think of?