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007: The Rollercoaster of a Real Estate Investor with Brian Dikeman

007: The Rollercoaster of a Real Estate Investor with Brian Dikeman

The Ugly Truth About Real Estate Investing · Scott Jelinek

February 20, 201722m 53s

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Show Notes

Real estate investing is a roller coaster. In what other business can you go from not know how to pay for gas in the morning, to pocketing an $80,000 check in the afternoon? Of course, the unpredictability is part of what keeps us hooked, but it can also take an emotional toll. Today Scott talks to fellow real estate investor Brian Dikeman about how to stay positive through the highs and lows.

Key Takeaways:

[:41] Scott landed a deal this weekend using "billboard cards."

[2:24] Real estate investing is a roller coaster.

[3:44] How did Brian get started in real estate investing?

[4:38] Brian has experienced the roller coaster first hand.

[6:50] In one day, Scott went from totally broke to pocketing an $80,000 check.

[9:25] Once you begin real estate investing, you can never go back.

[10:56] You've got to keep doing the things that you know produce results.

[12:24] What can you do to stay sane and keep going through the ups and downs?

[14:17] In his 10-year career, how many deals has Brian done?

[14:50] What mistakes has Brian made and learned from?

[19:16] Brian recommends Rich Dad Poor Dad.

[20:00] Be braver. Have a mentor.

Mentioned in This Episode:

Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki

Brian Dikeman on Facebook