Description

In this episode, Shane reflects on the mistakes he has made in the past in real estate and highlights the challenges of constantly having to learn and adapt in different markets and verticals. He also talks about the importance of perseverance, focus, and saying no some opportunities in order to achieve success. He shares that his focus for the coming year is on multi-family and townhouses. 

[00:01 – 04:52] Mistakes in Real Estate Investing  

• The importance of understanding and learning from others before tackling multiple projects 

• It can be hard to replicate past success in real estate due to market changes 

• Perseverance, focus, and saying no to  some opportunities are important for success in real estate
   

[04:53 – 10:24] The Focus for 2023 

• Focusing all efforts and energy in 2023 on multi-family and townhouses 

• Evaluating past performance to improve future investments in real estate 

• Focusing on areas that you want to achieve in the coming year 

You can follow me on Linkedin and Twitter. If you want to go even deeper into the world of commercial real estate, head over to Shane Melanson, a roadmap to investing in commercial real estate! Get my book Club Syndication - How The Wealthy Invest Their Money. 

LEAVE A REVIEW + help someone invest in commercial real estate with confidence by sharing this episode or clicking here to listen to our previous episodes. 

Follow The Investing Podcast on all Streaming platforms. Deezer, Apple Podcasts, Google Podcasts, Spotify, or visit our YouTube Channel. 

Tweetable Quote: 

"Perseverance, focus, and saying no to a lot of things are key to achieving success in real estate investing." - Shane Melanson