As a real estate entrepreneur, have you ever felt stuck in a cycle of unpredictable income and a shortage of homes to sell? Do you wonder how you can make a meaningful impact in people's lives while growing your business? Eric Forney's guest on the Livian Podcast, Richard Schulman, has the answer.
Join Eric and Richard as they share valuable insights on how to grow your real estate business by providing compassion and consulting to people during difficult times. Richard, a successful realtor in Los Angeles, shares his team's approach to real estate, including how they focus on farming their database rather than geographic markets and invest heavily in administrative support to leverage their team members. He emphasizes the importance of upgrading both people and systems simultaneously, seeking coaching for everyone on the team, and being people experts rather than just farm experts.
In addition to discussing the team's successful approach, the speaker provides valuable insights into the investment market space. They predict that prices will come down soon and rental properties will become attractive due to high performing risk-free investments. They also share how they manage their own rental properties using models and systems for leasing and property management. The speaker advises millennials and gen Z to prioritize cash flow when investing in real estate, starting small with a property they can occupy or rent out before moving on to bigger homes. Lastly, they suggest breaking down goals into manageable steps using modeling and system planning, as seen in their own process of training for a 50K run.
Tune in to the Livian Podcast to learn how to grow your real estate business with compassion and consulting and discover how upgrading both people and systems simultaneously can help you become a people expert in the field of real estate. Don't miss this opportunity to take your business to the next level.
