We’ve come across our fair share of real estate investors who have a scarcity mindset and are so intimidated by competition. It creates negativity in your business and takes your focus off of your real goals.
Real estate investing has lots of different niches and everyone has their different expertise, but when it comes down to the foundations of real estate investing, there aren’t any secrets. We all know that you have to have leads coming in to get deals and how it makes sense to use OPM or “other people’s money” so that you aren’t limited to the amount of capital your business personally has. We know how to talk to sellers and figure out the best exit strategy.
It’s the small details within our systems and processes that set us apart from other real estate investors. It’s taking things a step further and going deeper when no one else will. It’s stepping outside of the box and trying out new tools and strategies.
These are the golden nuggets that others can learn from you.
So you have to decide.
Are you a giver or taker?
If you decide to not tell anyone your strategy, it might get you a few more deals each year. It gives you a slight edge, but you’re still limited by your own creativity and hard work.
Now imagine if you had a real estate investing mastermind, where everyone shared their golden nuggets freely with the group, knowing that by giving their best tips and strategies, they’d be receiving dozens and dozens of other tips and strategies you had never dreamed of.
Let that sink in for a moment.
The fact is that even if you and another investor in your market start using a new tool or strategy, our businesses are all very unique because of the systems and processes involved.
Stop having a scarcity mindset. You’re only holding yourself back.