3 Things I Wish I Had Known as a New Realtor and Investor

I’ve worked with countless clients across the country. And during that journey, I’ve learned an enormous number of strategies and approaches to attaining financial freedom. Some of them have become staples in the real estate and financial communities, but many others are still not commonly talked about.

I knew we had to talk this month about real estate investment, but I also wanted to spend a moment bringing you a few ideas I wished I had known when I started my career. While there are many good training programs out there, too many new real estate agents and investors aren’t getting the full story.

Just about anyone can attain financial freedom

In my upcoming investment books, there are a few important themes, one of which is who can make financial freedom possible. If you turned to the stock market or other investing coaches, you might hear that you need millions to make millions. But as you’ll see in my new books, nothing is further from the truth, and we look at real-life stories of how people from modest backgrounds, including myself, were able to generate wealth. The ways they can attain that freedom might look different, but the potential is almost always there.

Strike your own path with your own vision

When I started my journey into financial freedom, all the other agents I knew told me what I wanted to do was crazy. They couldn’t see the opportunities that I was seeing, and at the end of the day, all many of them wanted to do was make another real estate transaction, whether it really aligned with the client’s vision or not. And I had a completely different vision for my career. For those of you who know me well, you know that I’m big on goals.

And when you’re just starting out in real estate or investing, so many people want to sell you their goal and their vision. But most likely, the path you’ll take might look very different than theirs. After all, what might work for one person (or one market for that matter), might look completely different for another. Finding your vision is huge, which we talk about a good deal in my first book we’re releasing soon.

Find a mentor sooner rather than later

As a real estate and investing coach, I can attest to the value of having a mentor. Now, that doesn’t mean just anyone should be your mentor. When it comes to wealth creation and financial freedom, who you trust can be one of your most critical decisions. To complement what we said above, choosing a mentor doesn’t have to run contrary to striking out on your path or attaining your vision. 

In fact, your mentor should be taking your unique vision in mind when giving you advice. They should also have at least a decade of real-world experience in real estate and investing, so you’re getting true wisdom.

Terry Records