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Ep 186: The 3 buckets of real estate income | Gary Boomershine
04:21 – You don’t want to reinvent the will in this business, you want to find what works in the current market and follow that. Once you perfect it, then you make it better.
04:39 – Education without implementation
11:05 – This whole business is about talking to people and building relationships. You have to build a relationship and you have to create trust then come up with a solution to the seller’s problem.
13:57 – Buying real estate is the vehicle and that is the reason to give us financial freedom and a life.
12:25 – You need to actually hire a sales guy and get out the middle of it, and leverage other people’s time that should not be what you are dealing with. If you are a CEO of a business and you’re doing a 10 dollar an hour work, you’re gonna have a 10 dollar bank account.
21:57 – Focus on the passive income that will give you the lifestyle that you want.
22:16 – “Keep the best, sell the rest.”
22:50 – Real estate is a finance game. It is all about leverage but it’s not just leveraging other people’s money, it also leverages other people’s time, experience, and resources.
23:38 – Focus on your time. Your time is the most valuable commodity. It’s not about the money.
24:05 – There’s cash now, cash flow, and cash later.
32:51 – Text “FEARLESS” to 925 320 0575 to get a free book.
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