I had a great investing from the “Big
conversation with a Picture” perspective. I
mentorship student hope you will gain new
yesterday who shared insight to your business
with me how he and his for your long-term
wife are selling their success.
third house (their first
two houses they still The three investor
own) and will net levels:
$45,000. It inspired me
because I had talked The end goal my partner,
with them over a year Peter Conti, and I have
ago when they had a for you is that you
tenant/buyer back out of create both the passive
a deal, and they were at streams of cash flow
an emotional low. needed each month to
live an incredible life,
Let’s face it, if you’re AND to build a
in real estate long significant net worth.
enough, you will have It is the combination of
moments of frustration these two financial
and emotional lows. But markers—cash flow and
the other side is so net worth—that guarantee
worth it. You have to you financial success
look at real estate over time.
Cash flow is the money distinct levels. See
you get each month that where you fall and, more
you can use to fund your importantly, where you
lifestyle, to invest in want to end up.
more appreciating
assets, and you can use Level One investors
to share for the greater
good. They’ve proven that real
estate doesn’t just work
Net worth gives you for other people, but
long-term financial that it works for them.
health. It’s equity you They have done this the
can use to convert into most simple way—by
lump sums of money. It’s making a significant
capital you can convert profit on their first
into cash flow. It is few deals. Level One
stability and an investors have the
important long-term certainty that real
piece of financial estate will be their
abundance. proven path to financial
success. They know they
From my perspective, I still have a lot to
see real estate learn, but they’ve seen
investors needing to that they can do it.
grow through three
Level Two investors Level Three investors
Level Two is all about Imagine having built
mastering the five core your mini-empire in such
skills of real estate a way that you earn
investing and building a massive income without
business to support a having to be involved in
real estate portfolio. the day to day direction
Level Two investors have of the business. Level
created a net cash flow Three investors earn at
of $5,000 to $50,000 per least as much as Level
MONTH and an increase in Two investors, but they
their net worth $250,000 do it passively.
or more per year.
This means Level Three
Most investors think investors work less than
Level Two investing is ten hours per MONTH.
all there is. They Their property portfolio
aren’t even aware that and business work
another level exists, without them needing to
and they stop short. But be there to run things.
there is so much more I’ll share some thoughts
that’s possible for on the key steps to
them, and the rewards progress through each of
are worth the effort. these three levels.
Key steps to moving I’m too busy.” Or, “I’m
through the investor not ready.” You can
levels either have your reasons
or your dreams, but you
Level One: Since this seldom get both.
level is about proving
that real estate works, Second, learn from the
you have three main best coaches and
hurdles to “climb." teachers. Notice that
First, to get out of this learning happens
THINKING mode and into AFTER you’ve broken
DOING mode. This means through the inertia of
going out and meeting inaction. Learn from the
with at least three best, but make sure you
sellers--this week! are really willing to DO
first.
One of the reasons we
make every mentorship Third, stop and learn
student go out and meet from your experiences on
with sellers right there a regular basis. This
at the training is it’s triangle of Do, Learn,
too easy to let fear Regroup; Do, Learn,
push you to rationalize Regroup is the key to
away your dreams: “Oh your initial success.
Level Two: Here are the here is belief systems.
five core skills you There really is no
have to master: difference in skills
other than the beliefs
How to consistently find that support you seeing
motivated sellers the opportunities that
exist all around for BIG
How to be a master deals. At a certain
negotiator point it’s actually
easier to buy a shopping
How to quickly analyze mall than it is to buy
deals to know the deals five more houses. And
from the dogs you’ll make 10-fold to
100-fold more cash flow
How to structure a from the shopping mall,
variety of deals: short potentially.
sales, lease options,
cash sales, "subject to" I hope this got you
deals, selling on a wrap thinking. I’ll revisit
mortgage… this topic over time to
share more thoughts on
How to write up the it. For now, what’s
deals and understand the important for you to do
contract part of is to identify yourself
investing on this spectrum. Where
do you fit?
Level Three: The key
