The Nick Huber Show Ep 172: What people fail to understand about real estate
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Dec 9, 2024 Explore how starting with a low-risk, hands-on business can build capital and operational skills for success in real estate. Discover the fragmented landscape of real estate markets and how individual investors can thrive by leveraging personal experiences and effective risk management. Delve into the challenges and strategies of investing in the self-storage sector, emphasizing the importance of community engagement and collaboration. This insightful discussion reveals how small steps can lead to significant growth and opportunities.
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Start Small, Focus on Momentum
- Start small and focus on momentum in business.
- Find one or two things you can do better than existing businesses and carve out your niche.
Small Business to Real Estate
- Many successful real estate entrepreneurs start with small businesses.
- This allows them to build capital for larger real estate investments, which can be difficult to save up through W-2 employment.
Geographical Advantage
- Real estate and local businesses offer a geographical advantage, creating a niche market.
- This is unlike internet businesses, which face broader competition.