As real estate investors and entrepreneurs, we’re in the problem-solving business. With a recession on the way, it’s important to prepare, not panic, and come up with ways to profit from offering solutions to the new problems coming up. Focus on coming up with ways to provide people with safety and security to stay on top.
In uncertain times, it’s important to be prepared. Many people are afraid of what might be coming with a recession on the horizon, but don’t let fear cripple your business. Even with everything going on, there’s still a strong demand for housing. If you know where to look and stay focused, the opportunities are everywhere.
People might be panicking over the economy, but you’ll be able to survive and profit as long as you don’t ignore the fundamentals. Joe and I go over the six keys to profit and thrive during a recession, including why you should never buy a property you can’t wholesale and how to create appreciation.
Selling is the million-dollar skill and that’s why I’m so passionate about it. Getting good at sales is the key to closing deals and making a ton of money. Learn how to use the four pillars and pre-screen your sellers on the phone so you can focus on their problem and come up with a custom solution.
The market is definitely changing. A lot of experts say they see the same pattern as the last recession. But do we need to panic or freak out? What will that mean for our businesses? Joe and I sit down for a quick episode to share our thought on the status of the market, why we’re not panicking and how you can pivot your business along with the market change. You can recession proof your business.
Whether you’re new to real estate or you’re a seasoned pro, you’re going to need to outsource administrative duties to a virtual assistant. Hiring a solid VA helps you spend more time on the high-dollar activities in your business. Creating a high performing VA team depends on how well they’re trained and how well you treat them so they stick around.
The ability to be coachable is a game changer in real estate. Being honest with yourself about what’s not working in your business shows you where you need help so you can stop spinning your wheels. When you’re in a coachable mindset and follow the advice you’re given, you can change your life and business in a short period of time.
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