"The Power of One More" is Key when Overcoming Adversity

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The speaker shares a personal story about facing adversity and nearly quitting his job in sales. After six months of no sales and no paycheck, he was ready to give up. However, he saw one more opportunity and decided to make one more cold call. Despite feeling defeated, he made the call and it turned out to be successful, resulting in a $60,000 commission. This experience taught him the importance of following the process and persevering in the face of adversity. The speaker emphasizes that the power of doing one more, whether it's making one more call, having one more hard conversation, or doing one more set, can make a significant difference in achieving success. He further highlights the importance of taking action and pushing through challenges, as often the breakthrough comes just when you're about to quit. The speaker also discusses the need to reinvest in the business and make smart financial decisions, but also recognizes the importance of maintaining a balanced life and prioritizing mental and physical health. Ultimately, he shares his shift from the broker space to the owner's space, driven by the desire for more financial stability and residual income. He explains his decision to focus on multifamily properties instead of single-family homes and discusses the excitement and potential in the multifamily space.

Justin Moy has been a real estate professional his entire life. He started selling single family homes in the 3rd most competitive market in the country, and he was able to become a top producer within his 2nd year at the largest firm in the area.

Through that experience, he realized there was a difference between being rich and being wealthy, and he started to look for ways to turn his transactional income into long term wealth to buy back his time. Apartment syndication was the answer as it provided a much quicker time to large financial returns, and it provided truly passive income.

Now, Justin does everything he can to spread the word about passive investing because he truly believes that if all career driven professional understand this space, there isn't anyone would wouldn't participate.

HIGHLIGHTS IN THIS EPISODE:

00:00 - Intro

01:28 - Justin’s Background

06:19 - Overcoming Challenges

10:31 - Getting Into Multifamily

13:16 - Mindset of Multifamily

15:06 - Mentorship

15:55 - Key to success / Finding Partners

18:12 - Justin’s Portfolio

19:21 - Vetting a Deal

22:35 - The Importance of Systems

24:17 - Advice For The New Passive Investor

29:58 - Justin Recommends

30:58 - Connect with Justin

31:55 - Bucket List

CONNECT WITH OUR GUEST:

http://arealminvestor.com/

http://thedefinitiveguidebook.com/

CONNECT WITH OUR HOST:

Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor

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