What you focus on matters. If you want to be great at jiu-jitsu you need to focus your training on jiu-jitsu. How do you also build up conditioning, strength and flexibility? Do too much supplemental stuff and it will impact your jiu-jitsu training. You need to find your sweet spot.
The same is true of making deals in real estate. What kind of properties and deals will get you a good reward for a risk that you can handle? In this episode Carter and Mo talk about sweet spots in training, real estate and discuss why efficiency is better than working harder.
•The shock of training after you haven’t done it for a while (02:05)
•Finding the training sweet spot depends on your priority (03:43)
•Once you are focused on the priorities you can add in supplementary stuff (06:21)
•Mo’s lesson from boxing – don’t let the supplemental training get in the way of boxing training (07:41)
•Why you need to drill defending a punch to learn about fighting (11:22)
•How tools can make you overconfident about some aspects of fighting (16:47)
•Why Carter believes the sweet spot of buying properties is to buy below $100000 (20:55)
•Why owner financing is a powerful tool for reducing risk (27:48)
•The problem with syndication (29:16)
•Risk vs reward and finding the right intersection for you (31:06)
•What are the long term effects of people not paying mortgage or rent during covid? (33:18)
•The things you do for self-improvement need to be enjoyable and sustainable (38:24)
•How Carter structures his day (41:00)
•Working efficiently over working harder (41:53)
•Slow and steady wins the race (45:40)
Tom Mckay – Flip Anything USA
https://www.flipanythingusa.com/