Tarek Shares Three Tips to Help You Achieve Your Goal of Becoming a Real Estate Investor

Joseph Neese
·3 min read
Photo credit: E! Entertainment - Getty Images
Photo credit: E! Entertainment - Getty Images

From House Beautiful

Sometimes the hardest part of a new venture is figuring out how to get started. The seasoned pros on HGTV make investing in real estate look easy. But as Flipping 101 star Tarek El Moussa knows, it's a skill that requires a lot of hard work and perseverance to master.

"Getting started with real estate investing can be a lot of work and sometimes overwhelming with how many thing you feel the need to start, do, or master before you can dive into your first deal," he wrote in a recent Instagram post.

Luckily, Tarek shared three tips from his own experience to help others looking to launch a career in real estate investment. Without further ado, ⁣here are Tarek's tips, in his own words:

1. Don’t try to learn it all, all at once. Like I said, there can be a lot to it! Don’t worry about mastering all types of investing… it can lead to getting distracted by every new shiny object that comes your way! ⁣

2. Find a mentor, or community of people that are working toward similar goals and connect! Collaboration is a great tool, and one to help you leverage other’s expertise as you’re getting started! ⁣

3. Practice makes perfect — inside of my course, HomeSchooled by Tarek — we talk a lot about how to analyze deals, what to look for and how to make sure that the numbers will work (quickly) so that you don’t miss out on any opportunities!⁣

Most importantly, Tarek says to keep the following motto in mind: "Practice makes progress, and progress will get you closer to our goals." So when you find yourself with some spare time this week, consider pausing to hone your chops.

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Getting Started with Real Estate Investing can be a lot of work, and sometimes overwhelming with how many thing you feel the need to start, do or master before you can dive into your first deal! ⁣ ⁣ So here are my 3 Tips for Keeping Focused and getting closer to your goals of becoming a real estate investor!⁣ ⁣ 1️⃣ Don’t try to learn it all, all at once. Like I said, there can be a lot to it! Don’t worry about mastering all types of investing… it can lead to getting distracted by every new shiny object that comes your way! ⁣ ⁣ 2️⃣ Find a mentor, or community of people that are working toward similar goals and connect! Collaboration is a great tool, and one to help you leverage other’s expertise as you’re getting started! ⁣ ⁣ 3️⃣ Practice makes perfect - inside of my course, HomeSchooled by Tarek - we talk a lot about how to analyze deals, what to look for and how to make sure that the numbers will work (quickly) so that you don’t miss out on any opportunities!⁣ ⁣ But here is the important part… you need to be practicing this more often than JUST when you’re looking for a deal!⁣ ⁣ If you find yourself with extra downtime, or not finding the properties you’re looking for at the moment, dedicate a little bit of extra time to sharpening your skills! ⁣ ⁣ If you’re licensed, hop on to the MLS and start practicing what to look for in a good deal. Spend some time writing messages to other investors in the area to see if you might be able to shadow them or help them with something in order to learn some of the ropes! ⁣ ⁣ Practice makes progress, and progress will get you closer to our goals!

A post shared by Tarek El Moussa (@therealtarekelmoussa) on Jul 3, 2020 at 12:57pm PDT

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