Build a Real Estate Portfolio That Nets You $100k Per Month Using The 2-5-7 Method

Andrew Holmes is a real estate agent, investor, and coach. He has a portfolio of about two hundred homes and he is cash flowing over 100k a month in NET income. 

He started out as an embarrassed, broke, college kid who knew nothing about real estate. Now he has achieved what few people are able to in life. 

In this show we discuss what it took to become as successful as he is and the struggles that he had to overcome. We discuss all the fights with his parents who wanted him to get a normal job, how he seemed like a nerd to his friends because he was always working hard and learning, and the mental strategies and self motivation he developed to become the Rockstar he is today. 

Today Andrew is giving back to the community and teaching people how to achieve the dreams that he has. 

// DON'T FORGET TO REACH OUT TO ANDREW HOLMES 

Website: http://www.midwestresummit.com/andrew/

// QUOTES

"I tried being poor, it just didn't suit me very well."

"You go through the whole set of emotions where you're like mad, how can this happen? This is not fair, but yet, fortunately it ended on a very good note."

"I always felt I had big shoes to fill and that pressure and anxiety was the driving factor 100% for me."

"Come hell or high water, I'm going to succeed."

"Sometimes you have your own grass, and the neighbors grass. The neighbors' grass seems greener until you jump on that grass"

"Either you're going to run on a treadmill or you're going to own treadmills that other people run on."

"There's always a risk. Stepping out of the house is a risk. Right, but we all step out."

"If great is possible, good is not good enough"

// CONCEPTS

•He went to college to learn how to make money. When everybody else was out partying Andrew was in the library learning.
• Andrew ended up dropping out of college to get his real estate license.
• He always knew that he was going to be something someday. His parents didn't support him getting into real estate.
• There was a Mike Ferry conference that Andrew went to when he was younger. His card was actually declined but Mike let him in anyways. Mike said do 50 calls per day and it will work so that is what he did.
• Andrew used to spend all day at the office cold calling. People at the office used to make fun of him saying he was crazy. He was not crazy, he was desperate. And it worked
• Andrew viewed everything as a risk but also realized that everyone takes risks everyday.
• When he was broke he was desperate for money and was working a lot to make ends meet.
• He was confident that the 2,5,7 method would work and he would succeed.
• He was not on the same side as his parents. He was consistently telling them that he would be rich and he would make it to the top.

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// TIME STAMPS ⏲

00:00 - Introduction.
00:50 - Crazy Real Estate Transaction
2:39 - Expectation vs. Reality for Real Estate
5:15 - Did you always feel that it was easy?
8:09 - What mental strategies did you have to develop?
10:58 - Self motivation and confidence.
13:30 - The 2,5,7 Method
21:25 - Taking care of Real Estate
25:51 - What is the real risk?
28:39 - What is a good strategy on saving money to pay off a debt?
30:53 - Being confident in your investments.
33:36 - What was the most effective tool for your success?
44:51 - Who was your most impactful mentor?
51:17 - Being a better agent.
55:53 - Wrap

// TAGS

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