Mike Simmons

Don’t let preparation become the business. That networking guy with all the lingo but no deals? Don’t be that guy. #ExecutionOverExcuses

@RaiDotCEO So incredibly true. When you're young you tend to value money over time. As you get older you understand that time has 10X the value of money.

Wholesaling real estate is a much better model than fix and flip real estate. Here's why: 1. Lower financial risk 2. Faster returns 3. Can minimize external factors 4. Market resilience 5. Easier to scale Check out my newsletter: Investorcheatcode.co #wholesale #realestate

@RaiDotCEO Absolutely. I think when you're young you tend to value money way more than you value time period as you get older you value time much more and understand that money is replaceable time is not.

There is no substitute for leads in your business. I think that leads are like oxygen to your company. No leads = no oxygen... ...which means your company is dying.

Winners and losers have the same goals. The difference is consistency and commitment overtime.

Your competition is working today. Are you?

If you're not using direct mail in your real estate business, you're making a huge mistake. Don't know where to start, i got you. Check this out - buff.ly/3SEAWQK

Leads are the oxygen of any business. I know that when I am not getting new leads, my company is effectively suffocating as a business.

When it comes to real estate, there are two fundamental pillars that hold up your success: 1. leads 2. money. Without a steady stream of quality leads and sufficient funds to invest, your business will struggle

For all the entrepreneurs out there, when something goes wrong in your business. Even if it goes seriously wrong. Your first reaction cannot be "why me" Or "I'm screwed" If it is, you probably are screwed.

@whoiskylemast @BiggerPockets This is 1000% right, but every good business owner and real estate investor I know doesn't crumble when things get tough. Even if they make mistakes, they know they're gonna figure it out

Real Estate Investing is a business at the end of the day. The sooner you treat it like one, the sooner you will see efficiency within your portfolio. What else would you add? 🤔

@BiggerPockets I would add that it's not for everyone. It is a business at the end of the day, and in order to build this business you really need to be an entrepreneur at heart. You need to have an "I'll figure this" out attitude

@AaronAmeen I was with you until I got to #5. Analyze 90 deals before you get started? It doesn't take 90 deals to understand how to analyze a property. Also doesn't this sort of fall under the category of #1 - learn first? I think #5 needs to be take massive action.

5. Analyze Deals Every Day for 90 Days To truly understand a market, you must immerse yourself in it. Analyze deals daily for 90 days. It's the best way to get a feel for the market and its potential. Your pick here is like the foundation of a house – it shapes your future.

Here are 5 steps I would take if I start investing in real estate again to speed up my process: 🧵

Here is the escape plan: 1. Build 2. Create systems and processes 3. Hire 4. Remove yourself

I feel like real estate is an industry where people don't take it quite as seriously as they should. They don't create a business, they just create a very active self-employment position.

Wholesaling real estate is considered an active business. It is and it isn't.