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Updated over 2 years ago on . Most recent reply

User Stats

219
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249
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Bailey Kramer
  • Rental Property Investor
  • Durham, NC
249
Votes |
219
Posts

Lessons Learned Going From 0-30 Co-Hosting Units

Bailey Kramer
  • Rental Property Investor
  • Durham, NC
Posted

Lessons learned from scaling my co-hosting business from 0-30 Co-Hosting units in under a year:

In 2019 when I found out about the idea of real estate, I didn't know a thing about real estate, I didn't know anyone in the real estate industry, and I truly had no idea how I was going to be able to get started! 

Big shout-out to BiggerPocket's for their incredible community and such a big impact on my real estate journey. 

Fast forward to where I'm at today, I realized there are a few key things that massively propelled me and literally saved me years of time.

1. Your Network is key

Anything that you don't have or you don't know can easily be accessed by someone in your network (money, knowledge, experience). This is how I was able to buy real estate, raise capital, without having any experience, little knowledge, and barely any money.

2. Buy shortcuts!

Could I figure everything out on my own? Maybe eventually

But why spend months or years "re-inventing the wheel" when thousands of people have done it before me and I can get a huge headstart by learning the tips and tricks they learned over many years and implementing them for me on Day 1! I did this by joining a Mastermind group which put me years ahead.

3. Accountability is a MUST

Having someone to constantly hold me accountable has been the most pivotal piece of it all! Through Mastermind groups, business partners, and close friends. When you tell someone you're going to do something and you know they are going to check to make sure you followed through, you get it done.

These 3 things are some of the keys that propelled me to where I'm at today and will continue to propel me forward!

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