Table of Contents - #FreeFlowFriday: Dial This In and Your Unstoppable with Dave Dubeau
Hey, are you short on cash or credit to do more real estate deals than sign up for my upcoming five day capital crunch challenge happening this May? Seventeen through twenty first and you can register for free at Capital Crunch Challenge Dotcom. You're going to come away with this with a full roadmap on exactly how to raise six figures or more in six weeks or less and explode your real estate portfolio even under today's challenging circumstances. All right. So each going to be full of training and a full on training and there's going to be action assignments. There's going to be live Q and A.. There's going to be handouts. I'm going to be recording it, keeping it up for the week. So if you can't make any of the classes live, you can always check back and check out the recording. So again, go to Capital Crunch, Challenge Dotcom, get your spot today. Let your other real estate enthusiast friends know about this and we'll see you on May the 17th. Take care. Welcome to Free-Flow Friday, powered by the Property Profits Real Estate podcast. I'm Dave Dibble and I'm very excited to give you an over the shoulder learning experience around raising capital, as well as other tips, tricks and strategies to help you on your real estate investing journey. So let's start let's discover together. She really dialed in to all of that. And again, working a full time job, being a mom, doing everything that's involved with that went from zero properties to forty seven doors in a matter of a year and a half. Quit the job. Why? Because she had her wide dalvik. Hey, everyone, this is Dave Debow from The Joy of Finding Message and Raising Capital with another little video tidbit here for you today. I want to talk about another really important trait that I've noticed among the most successful real estate entrepreneurs. And it's this the most successful real estate investors that I know of have really dialed in their why. And what I mean by that, I mean, they really know why they want to be successful as real estate entrepreneurs. And it's not just because, hey, I want to be rich. That's not going to carry you over. They've really dug deep. It really found out what it is that drives them to do everything that's necessary to be successful as a real estate entrepreneur. So it brings to mind a couple of different stories. One is a client of mine from years back. And, you know, he and his wife were chugging along. They were having a good life there fairly recently married. He was making decent money as a heavy duty mechanic. I don't know what she was doing. She might have been I can't remember what she's doing. But anyhow, they were chugging along just fine. You know, he was your typical redneck kind of guy. And then his wife got pregnant with her first child and the first child was born. And this should have been a very joyous moment. But unfortunately, there were complications with the birth and their daughter was born with severe, severe mental and physical challenges. And they quickly realized that she was going to require 24 hour a day care, seven days a week. She was never going to be able to be fully independent and she was going to require assistance for for her whole life. And my friend, this was the this was the catalyst for him to really delve into the why, because up until then, he'd been having fun playing softball and drinking beer on the weekends and, you know, just living a normal kind of middle class lifestyle. This really crystallized everything for him, it was when he and his wife realized that they were probably going to outlive their daughter and if they didn't turn things around, she would be destitute once they were gone. So that was his spark. That was his wife. And when he finally when he got that, why he didn't have the faintest clue about real estate investing. But that sparked him to take action and to start learning about different opportunities, different choices. That's when he read Rich Dad, Poor Dad. That's when he figured out that real estate was a way to create some passive income. That's when we started getting some education around it and that's when he started taking massive action. Now, think about it. This was a guy who was working full time, had a wife, had a special needs child that required 24/7 care. So when he wasn't working, he was at home helping out, helping his wife out, giving her a break, helping with her child. And in spite of that, he still found the time to do multiple deals in his first year, he figured out how to raise capital and go out, buy, sell his first couple of deals. But then he dialed in how to raise capital to go out and do deals. And he did multiple deals in his first year, cleared an extra one hundred thousand dollars in net profit in his first year from a few deals and just really helped create that nest egg that his wife and he needed and wanted for their child. Now, fast forward 10, 15, 15 years and his wife are doing very, very well thanks to that initial decision. Another quick story. Jamie Alesi collared some very successful clients of mine. Same thing there. Why? Definitely very, very strong for Leslie. And that was she wanted to regain her freedom. She is clocking in at a job she really didn't like, was a go nowhere kind of position. There was no real hope for financial freedom with that job. And she wanted to have a better life for her, her husband and for her her son. And she wanted to be a good example for her son as well. So she really dialed in to all of that. And again, working a full time job, being a mom, doing everything that's involved with that, went from zero properties to forty seven doors in a matter of a year and a half. Quit the job. Why? Because she had her wife dialed Dalvik. All right. So that's the importance of really understanding why. So what does this mean to you? This means, in my opinion, if you're not as successful at what you're doing with real estate as you want to be, part of the reason might be that you haven't really crystallized your why. Or it's vague or it's not specific or it's not it doesn't really grab you by the guts and move you. Well, hey there, thanks for tuning into the property profits podcast, if you like this episode. That's great. Please go ahead and subscribe on iTunes. Give us a good review. That would be awesome. I appreciate that. And if you're looking to attract investors and raise capital for your deals, that may invite you to get a complimentary copy of my newest book right back there. There it is, the money partner formula. You get a PDF version at investor attraction book, dot com again, investor attraction book, dot com take.