House flipping and real estate investing are ways to build generational wealth.
You can buy and flip a house, then roll over the profits into the next one and the next. Take a lesson from Corum’s playbook: Once you get your first big paycheck, think of how you can enhance and grow your business with it, creating lasting wealth.
At just 23 years old, Corum saw how he could turn his NIL earnings into something bigger with real estate. On “The 33rd Team” podcast, Corum credited his parents, who built a successful business out of nothing, for where he got his entrepreneurial spirit.
He’s followed his dream and skill of playing football and used his earnings to pursue his other passion: real estate.
Since you’re reading this email, you probably already know something about or are interested in growing your REI business...
One of my favorite parts of Corum’s story is how he used the resources and alumni network at the U. of Michigan to level up his business and inspire others to do the same.
This got me thinking...
Are you using your network to grow your REI business?
If you’ve been putting your real estate investment goals on hold, let’s sit down for some real talk.
What’s holding you back?
High rates and high prices?
Well, that’s fair, but definitely not reasons to stop you. Sure, it’s been a rocky couple of years, and many investors have pressed pause on their goals due to the challenging market. But! You can use this time to connect and learn more about your local real estate industry.
Obviously, Awesomely is a great resource for real estate investing, but what about your own community?
You can attend local events such as home shows or tours to meet people in the industry and expand your network. This is especially important when you’re just starting out in the business.
Use this time to learn, grow, and get your finances in order so that you can act fast when the perfect property comes along.
Plus, in more difficult market environments, that means less REI competition, so it’s actually an ideal time for you to hop in and scoop up some deals.
I hope the team you’re rooting for wins this weekend — but my money is on you!
Game on,
Max
