Epic Real Estate Investing - Creating the Strongest Partnerships for Maximum Growth | Financial Freedom Friday

Episode Date: December 12, 2014

Today Matt shares the simple 2-step process to finding growth partners who will help you achieve great results and impressive returns. -------  The free course is new and improved!  To access to the two fastest and easiest strategies to a paycheck in real estate, go to FreeRealEstateInvestingCourse.com or text “FreeCourse” to 55678. What interests you most? E ducation P roperties I ncome C oaching Learn more about your ad choices. Visit megaphone.fm/adchoices

It's time for Financial Freedom Friday with Matt Terrio. There are lots of different partnerships to be had in real estate. There are money partners, credit partners, education partners, time partners. And I'll tell you right now that if you want to go far in real estate, you're going to have to partner with people in order to get there. I mean, if you don't have the knowledge or time, you'll want to team up with someone who does. If you don't have the money, you'll need to partner with someone who does. If you want to take advantage of the bank's low interest rates but don't have the credit,

you can partner with someone who has great credit. In this last one right here, this is much easier than it sounds. But the point is, the possibilities are endless. But what I see so many people do is quit because they think they have to do everything themselves. That is small-minded and it's limited thinking. The best of the best never did anything alone. The tops of every industry had the vision, but they didn't ascend the mountain by themselves. It's impossible.

So before you run off to try and do it all by yourself, I encourage you to pause and think. You've got to know your strengths. You've got to know what you bring to the table. And then you need to find the people who will fill in the gaps that you have. And honestly, peeps, we've all got weaknesses. None of us is strong in every area. You know when I started? I didn't have money, didn't have credit or knowledge.

What I had was time and a strong desire. At first, I partnered with others who had. had the education until I got some education under my belt. But I still, to this day, partner with others who have money and credit. I don't like using my own money to do deals. I prefer to partner with those who are happy taking a backseat and receiving a solid return on their money. And I continue to create new partner structures, most recently my own hedge fund. The point is that I partner with people all the time in many different ways. And you should consider it as well. But first, you really need to know what kind of partners you'll need. So, write down what you have. Is it time? Is it

knowledge? Is it money? Credit? Connections? What do you bring to the table? Once you know that, then you'll know what gaps need to be filled and by whom. And it's a funny thing that once you know what you're looking for, how it all of a sudden seems to appear, seemingly around every corner. So step one, take inventory of your strengths and weaknesses. Step two, keep your eyes and ears open for those that compliment you and your situation, because they are there. They are everywhere. Have you ever wondered how some investors seem to get the inside scoop and snatch up all the deals? Wonder no more. The secret to finding deeply discounted properties has been exposed, and it lies within your ability to find motivated sellers. Go to find motivated sellers ASAP.com. And

and download their proven five-step checklist to find motivated sellers in any market. Find motivated sellers ASAP.com. Deeper discounts, less secrets. Find motivated sellers ASAP.com. I'm Matt Terrio, and I'll see you next week on another episode of Financial Freedom Friday. This podcast is a part of the C-Suite Radio Network. For more top business podcasts, visit c-sweetradio.com. Thank you.