FF57 – Dealing with Shiny Object Syndrome as a Real Estate Investor

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Show Notes

On this episode of Friday Focus, we are going back to our usual format where we answer questions we receive from our community that we think will be beneficial for all our listeners. In today’s episode, our host Mike DeHaan has chosen to answer two questions in a hybrid format. One question is from Jim Martin in Chattanooga where he asked: how do you deal with shiny object syndrome as a real estate investor? The other question is from Otto Kahn in North Dakota who asked: how do you balance the act of generating massive income while you are trying to generate massive wealth?

These are all things that any entrepreneur struggles with and it really comes down to focusing your vision to make the right moves. Moves that Mike wants to share with you on today’s episode! You will hear how to avoid shiny object syndrome, why you should focus on making massive income first and the importance of choosing one way to do it, and how to set yourself up for success by creating a nest egg to raise your investment power.
No matter where you are in your real estate investment journey, this episode is sure to provide some insight on how to stay focused and how to make massive amounts of wealth in a secure way.You don’t want to miss this one!

 

Topics discussed in this episode:

  • What is shiny object syndrome in real estate and how to deal with it
  • Options to choose from to focus on to make the most money possible
  • Why you shouldn’t hold on to all the property you own
  • The importance of focusing on developing a skill set in real estate first
  • Creating a nest egg of cash so you can escalate your wealth growth
  • What Altra Mosey means by “The best investment you can make is in the S&ME-500”

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Links from the Episode

Check out the FREE Collecting Keys “Sub To Transactions” Master Class!

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Check out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/

Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeys.com

If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!

 

Collecting Keys Podcast Resources:

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https://www.instagram.com/collectingkeyspodcast/

https://www.instantinvestorprogram.com/

https://www.instagram.com/mike_invests/

https://www.instagram.com/investormandan/

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