cover of episode 319: Avoid These Common Newbie Mistakes! Hard-Earned Lessons from Nathan Brooks

319: Avoid These Common Newbie Mistakes! Hard-Earned Lessons from Nathan Brooks

Publish Date: 2019/2/28
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BiggerPockets Real Estate Podcast

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Shownotes Transcript

    <p>How does finding and closing 15 deals a month sound? Today’s guest shares exactly how his team does just that!</p><p>Returning guest Nathan Brooks goes into detail about how he built a <a href="https://www.biggerpockets.com/renewsblog/2015/12/15/turnkey-real-estate/">turnkey business that consistently finds and closes deals</a> on a large scale. He also shares great info regarding how he uses the DISC profile to understand himself and his team members, his three-step process for rehabbing homes, and why he always has at least two sets of eyes on <a href="https://www.biggerpockets.com/renewsblog/2010/06/30/introduction-to-real-estate-analysis-investing/">every deal</a>.</p><p>Plus, he reveals what he wishes he had done differently in the beginning and how to alternate between a “10,000-foot view” of your business and being on the front line. You also won’t want to miss his discussion about mistakes newbies should avoid.</p><p>Nathan is a long-time investor with a heart-felt <a href="https://www.biggerpockets.com/renewsblog/2015/06/20/ultimate-guide-finding-incredible-mentors/">passion for helping others succeed</a>. If you want to grow your real estate business, be sure to check out the incredible advice and encouragement he shares in today’s episode!</p><p>In This Episode We Cover:</p><ul>
  • How Nathan uses the DISC profile to understand himself
  • What he would have done different if starting his business again
  • His three-step process for rehabbing homes
  • Why he always uses two sets of eyes on every deal
  • How he utilized meetups to grow his business
  • How his team is buying 12-15 deals a month
  • His rule for replacing anything that doesn’t have a 10-year life span
  • Mistakes for newbies to avoid
  • How to alternate between a big picture view and daily activities to lead to success
  • How he handled his nightmare flip
  • And SO much more!
  • Links from the Show

    Books Mentioned in this Show

    Fire Round Questions

    Tweetable Topics:

    • “As soon as you can afford it, hire your weaknesses.” (Tweet This!)
    • “The direction of your business is your responsibility.” (Tweet This!)
    • “If you’re not taking professional pictures of your rental property, stop and start doing that now.” (Tweet This!)
    • “Your business is only as good as you are.” (Tweet This!)

    Connect with Nathan

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