If you know me, then you know that when I started in real estate investing, things weren’t going my way. Actually, let me take that back—things were disastrous. I had a wife and three daughters and had launched a tech business. Things were going great. I finally had the wealth I needed to provide for my family the way I wanted to. I saw nothing but massive potential and endless success.
And then the dotcom crash happened. That hit me hard. While it was a tough time for a lot of people, I was knocked down even more than most. Why? Because I had the opposite of a wealth mindset for all those years leading up. I had a poverty mindset—I spent money as fast as it came in, never thinking about tomorrow or the day after that or the day after that. And then everything fell apart. My entire world—my finances, my business, my family’s future—came crashing down all around me. It was a pretty low point.
So what next? I found real estate investing—but just barely. My friend was attending a workshop and asked me to come along as his plus one. He’d paid thousands of dollars for a seat—I honestly thought he was crazy. But seeing his enthusiasm and the monetary value he’d placed on the workshop made me want to, at the very least, see what it was all about. Really, what did I have to lose? It wasn’t my money.
What happened next? The rest, as cliche as it sounds, is history. That was the early 2000s. Fast forward to today, and I’m here—and I’ve flipped more than $100 million in real estate deals. And things look pretty different now than they did back then.
What Changed? My Mindset.
So why was I able to make millions in this business but not others? Why was this the opportunity that really hit home for me? Why was this my ticket to financial freedom and lasting wealth?
I could talk about this for days but the long and short of it is this: I changed. Specifically, I changed my mindset. I was open to the possibilities, focused on getting ahead and so head down in my studying, training and constant reading that nothing else mattered. This was my path out. This was what was going to save me and my family.
And that mindset never wavered. I had mentors and coaches pushing me to take that next step. I was always networking, reading and trying to pick up new techniques and strategies to boost my business. Did I make mistakes? Absolutely. Lots of them. But I just picked myself up and got right back on track. Everyone stumbles. In the past, though, those slip ups completely derailed me. Now, though, I was learning and growing from each of them.
The Value of Real Estate Education
All of this led me to not just find success in real estate investing, but to launch the Nick Vertucci Real Estate Academy (NVREA). We’ve trained more than 150,000 real estate investors, from seasoned pros to total newcomers, giving them the tools, techniques and even capital they need to get ahead.
I launched NVREA because I see the value in a real estate investor education. I’m not talking about a fancy degree from an expensive university—I’m talking about real, hands-on learning that happens in the classroom and out. I’m talking about a network of real estate professionals and contacts, always available to give you a boost. And I’m talking about education that you can apply immediately—learning by doing is huge in real estate investing.
But while I believe NVREA has the most rock solid investing curriculum out there, I realize now that it’s a lot more than just signing up and coming to the Academy. While I can hand you the tools, I can’t force you to use them. I can tell you about the seven-figure potential that comes with real estate investing, but I can’t set up your business for you. I can teach you how to find, fund and flip the best deals, but then you’ve got to take the ball and run with it. I can’t do that for you.
Why YOU Need to Get (And Stay) In The Game
That’s exactly where mindset comes into play. When my friend and I went to that real estate seminar all those years ago, I didn’t have the right mindset. I was tired, defeated and more than a little depressed. I didn’t want to do anything, especially not on a weekend.
But throughout the course of day one, something changed. It was like a switch flipped and suddenly I was ON. I wanted to do this. I needed to do this. And nothing was going to stand in my way.
And that’s exactly the attitude you need to make the most of your real estate investor education. While you may not be as bad off as I was (let’s hope not…), you still need to make this your priority. It’s not enough to just enroll in the Academy. You need to be so head-down—constantly reading the trades, studying the materials, watching the videos, listening to the podcasts. You need to commit yourself to every lesson, every time, and focus on going beyond what’s happening in the workshops and seminars.
After all that? DO IT. Take a breath, pick up the phone and GO. Find that first deal. Shore up the financing. Dive in head first and don’t stop until you’ve flipped that property. Because the best education won’t make you a successful real estate investor. But putting those lessons into play and finding ways to get bigger, better, smarter and savvier will.
Mindset is a central focus at NVREA and all of the workshops and seminars I host around the country. I think it’s that important. So before you invest in your real estate education, get your head in the game. Get focused. Get ready. And be prepared to DO. Because the best time to jump into real estate investing is right now. The deals are there. There are endless opportunities. Rates are low. Buyers are hitting the market in a big way. But none of that matters if your head’s not in the game.