Are you struggling to grow your real estate investing business or real estate agent career in today's challenging market? Feeling unsure of how to navigate downturns and build long-term wealth and success? Gary Wilson, an experienced entrepreneur and real estate coach, shares insights on overcoming these obstacles through perseverance, education and helping others. Tune in to learn Gary's story of success after facing personal struggles, and get his advice on how to build a profitable business and wealth through rental properties - even starting with little money.
[01:09] Gary shares how his freshman roommate's investor father taught him to invest, buying their first property right out of college. This breakthrough experience shaped Gary's future career path.
[05:06] Gary discusses lessons learned from naively launching his first brokerage in 2008, just as the recession hit. Through hard work, the business grew sixfold in three years by working with investors and attracting many REO deals.
[10:55] Gary emphasizes the importance of daily habits, sharing that he wakes up between 4-5am to spend 1.5-2 hours in spiritual preparation through prayer and meditation before exercising and starting his day.
[14:55] Gary stresses the importance of staying grounded despite life's challenges, sharing how he overcame broken bones and breathing issues through humility and perspective.
[22:13] Gary describes building a national real estate team through EXP Realty, earning 26 times more passive income than his prior company by teaching agents to invest and work with investors.
[24:58] Gary emphasizes accessing free education resources on his websites to avoid mistakes and succeed through knowledge, mentioning free training, books and videos.
[29:02] Gary advises keeping rental properties for long-term wealth but starting small, either with rentals, wholesaling or getting licensed while working another job.
[30:14] Gary discusses starting investing with rentals if having cash, but warns against flipping without experience as it risks losses if the property doesn't sell as planned.
Mentioned in this podcast:
Agents and investors can contact Gary through his websites realestatewithgarywilson.com and globalinvestoragent.com to access free training resources and events.
Follow Gary Wilson on social media platforms:
Facebook- https://www.facebook.com/realestatewithgarywilson
YouTube- https://www.youtube.com/@RealEstateWithGaryWilson
Instagram- https://www.instagram.com/real.estate.with.gary.wilson/
LinkedIn - https://www.linkedin.com/in/thegarywilson/
If you are interested investing in real estate and make connections, shoot an email [email protected]. Read on some of our blogpost http://grabthemapllc.com/.