10 Habits to Adopt if You Want to Become a Real Estate Investing Legend
When people start talking about greatness, there's always something a little surreal about it. Greatness is for athletes and activists and the type of people that others make documentaries about. Greatness is a characteristic that's sometimes difficult to see applied to yourself (if you're a humble type) in that larger-than-life kind of way.
Just like the legends in your field, we have role models and mentors in real estate investments as well. A great example is our very good friend Mr. Don Campbell from Real Estate Investment Network (REIN). He is a role model and a mentor to thousands of real estate investors and has tons of influence in our real estate investing business.
Here are the 10 keys to building a legendary reputation in real estate investment.
1. Be Kind
As real estate investors, our business is deeply people based. How we treat the people around us is paramount to our success
2. Master your niche
Be a master. Hone in on your niche and completely master it. Be the undisputed champion. Be the person who talks about your area of real estate investment and causes everyone to stop and listen.
3. Stay humble
Humility is one of the best qualities you can have, period - not just for public opinions sake, but because it prevents hubris, which prevents us from making stupid mistakes. Stay humble and seek to educate first. Learn to educate in your niche from a point of humility, and your legend will be on its way.
4. Never stop learning
Hand-in-hand with humility is realizing that you always have more to learn. No matter how long you have been in the real estate investment game or how old you are, keep pushing your education forward.
5. Find your own mentors
One way to keep learning is to sit at the feet of the investors and experts you trust most.The company you keep matters. If you want to learn from and emulate them, there's a reason.
6. Make genuine connections
Network, network, network! So many investors neglect this key step in their journey. Building up professional connections is key not only to generating leads, but to crafting a network that creates the support and structure your business needs in a way that's beneficial for everyone.
7. Go above and beyond
The best real estate investors have something in common: They all go above and beyond. You'll never find a legendary real estate investor who settles for a second rate. They all value excellence - in their services, in their properties, in their deals, in their effort, in everything.
8. Value the details
Another way to ensure your status as legend in real estate is to simply pay attention and value the little things-details. People pay attention to those little details that add up to a whole lot of integrity.
9. Own your mistakes
A huge part of your reputation hinges on how you deal with failure and mistakes. The way you deal with the worst of what real estate investing throws at you says a lot to your colleagues.
10. Keep pushing forward
In the face of difficulties, the best thing you can do for your reputation is to keep going. It won't be easy, but when you show perseverance and the will to carry on, it says a lot about you. Many of the best investors you will find today, those who may truly be legendary, are the ones who persevered through the toughest real estate climates any of us can remember. They put their heads down and went to work - not after the crisis, but through the crisis. They kept pushing forward; they took hard meetings, made tough phone calls, and continued to believe they would succeed. These are the true legends of real estate, and their example of finding a way should be one you seek to emulate.
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