Adding a mastermind group to your circle of strategic partners could help you take your real estate investing to a new level…
The concept of a ‘mastermind group’ isn’t revolutionary. In fact, it is one of the core, foundational principals of success, investing and wealth building.
This continues to be one of the areas that many in real estate investing fail to devote time and effort to. Common sense dictates that if you don’t have a solid foundation, you aren’t going to hit the top, or at least your reign at the top will be extremely short lived.
Some investors have pursued the strategy of leveraging their time, expertise and influence of others to grow their real estate investing businesses. Yet, many veterans have neglected to create a basic network, allowing themselves to become distracted.
There is a reason that success and wealth come easy to a select few. That is because they continue to build on and advance this concept to grow their mastermind group. Doing so can maximize profit margins and avoid stagnation. It is a new way of doing business in this industry.
So if you already have a team of local mortgage pros, title agents, real estate attorneys, and insurance agents; who else can you add?
Six more experts to add to the fold:
- Flooring professionals
- Interior designers familiar with staging homes
- Investment bankers for structuring IPOs and tips on selling portfolios or contracts
- Real estate investment coaches
Finding and recruiting these allies shouldn’t be all that difficult. Open the Yellow Pages, do a Google search or surf social networks. Most importantly, stay actively and regularly engaged in real relationships with them.