Don't Fear the Zeros: How Matt Theriault Built His Real Estate Empire From Scratch
The REtipster Podcast | Land Investing & Real Estate Strategies
Don't Be Afraid of the Zeros
The insight shared is about not being afraid of the zeros, implying that the effort to flip a house worth a hundred thousand dollars is the same as flipping a million-dollar house. The speaker reflects on how discovering cheaper houses in Memphis boosted their confidence, leading to success. They regret not realizing earlier that they could have achieved similar success in Los Angeles with the same effort, highlighting the lesson that the presence of more zeros in a deal does not make it harder. The discussion further delves into the psychological aspect of fear related to large numbers, with the speaker emphasizing a paradigm shift that removed such fears by realizing that the lack of money is not the actual barrier.
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