You want to be a real estate investor and make your fortunes flipping properties. You see there’s more out there for you and your family—and now, you tell yourself, you’re ready to seize the moment, step into the spotlight and take charge of your destiny. Because you’re a powerhouse, and nothing is going to hold you back.
So you start. You could be wholesaling, rehabbing, lending private money—it doesn’t matter. But you start. You dive in head first with the know-how to really make something of this. And you’re doing just that—you’ve got serious momentum. This was clearly what you were meant to do. This is your thing.
Then WHAM! You stop. It’s a hurdle, a speed bump or, even, an unexpected twist or turn in your road to financial freedom. And just like that, you’re DONE. You’re completely knocked down, with no hope of getting up again.
That’s not because you can’t get up. It’s because you won’t get up. You’d rather sit on the sidelines, playing the blame game and tossing snide remarks or misplaced insults at everyone who comes into your line of vision. You’d rather whine then actually do something about the situation.
But while whining might be easier than actually rolling up your sleeves and getting down to business, I’ll let you in on a little secret: whining gets you nowhere.
You Have to Believe—But You Also Have to DO
I talk a lot about the Real Estate Investor Mindset, and for a good reason—having the right mindset is everything in this industry. If you can:
- See it
- Believe it
- Map it
- Execute it
Do that, and you can achieve it. You can make millions flipping properties and you can gain true financial freedom.
Believe it or not, so many otherwise incredible real estate investors nail the first three pieces, then completely drop off for the final step: execute it. They don’t actually DO IT. And if they do, they don’t follow through — at least not enough to get the job done.
If you only see it, believe it and map it but never actually do anything, then you’ll wind up with nothing. You certainly won’t be building a real estate business. Really, you won’t be doing much more than dreaming.
And You’re Going to Hear NO
This one’s a classic. A bright, eager, passionate new real estate investor follows all the right steps. They come to the Nick Vertucci Real Estate Academy (NVREA). They hook up with some other industry newcomers and, even, find a coach and a few potential lenders while they’re there. Things are looking good. They can really see it and, now, they believe it and have the tools to map it.
So they graduate the Academy and hit the ground running, ready to follow the map they’ve got in place. And then it happens. They pick up the phone, dial that private money lender (or agent or seller…) and hear it.
On their first call they get a big, fat NO. Maybe that’s it for them. Maybe this once steadfast investor is now completely derailed. Or maybe they keep plugging away but, still, hear NO five, 10 or even 20 more times. And that last one does them in.
Hearing NO stinks. I hate it, even now. But if you truly BELIEVE—part two of the Real Estate Investor Mindset—then NO isn’t going to knock you down. Because you believe in your vision so much that you know there’s something incredible waiting on the other side. You just need to break down these initial barriers—which you’re confident you can do.
You have to make the second, 10th, 12th, 100th call until you find the agents, lenders and buyers who are ready to dive in with you. You know how to find, fund and flip deals, because we showed you how. So don’t say you can’t, don’t say you won’t and don’t throw yourself a premature pity party. No one’s got the time for that, especially not you.
If the private money lender passes, try another—or pivot to hard money. If you can’t find an agent who buys into your vision, call another and another and another. Go to REIA meetings and ask for recommendations. Do an online search for whatever and whoever you need, and do your due diligence until you find people who are ready to see, believe, map and execute alongside of you. They’re out there—and so is the money you need to get these deals done. But if you whine and cry and carry on about it, chances are you’ll never cross that financial freedom finish line.
In Short: STOP
If I had to sum my advice up in one word it would be this: STOP. Stop feeling sorry for yourself, stop whining and stop blaming others for your missteps, shortcomings and first-time investor blunders. Don’t wait until two days before you need the money to start making calls, then whine when you don’t get the backing you need. Don’t get scared by that first no and cry that you aren’t good enough. Don’t, don’t, don’t. Take a breath and remember that you are good enough, you are smart enough and you will excel if you have and fully embrace a Real Estate Investor Mindset.
And if you ever feel like you’re veering into whiny waters, do this: look in the mirror and remind yourself that you are your business and you are responsible for your successes and your failures. And remind yourself that, above all, you are a powerhouse and this is your destiny. When things go wrong, you can look inward and muster up all of the strength, savvy and smarts you’ve got and get yourself back on track.
If you want to be a successful seven-figure real estate investor, you’re going to have to rinse and repeat on this one over and over again. Because, in this industry, the road gets bumpy, the turns get sharp and the rules can change in a minute. You have two choices: keep pushing ahead or sit down and pout about it.
If you haven’t hit NVREA, do it. It’s the best way to wrap your head around what having a Real Estate Investor Mindset really means, and how to best achieve it—especially when things go wrong. If you have attended the Academy, maybe it’s time for a tune up. I’ll be visiting cities from coast to coast this year, so check out my site and see when I’ll be in your neighborhood next. It’s incredibly what a few days or, even, a few hours with high energy, high momentum investors can do for you and your business. And, trust me, these aren’t people who will hop in on your pity party. These are the people who are standing by to yank you out.