Hey Moguls, Patrick Riddle here…
I remember an awesome Mogul lesson that my good buddy and fellow investor and Mogul advisor, Trevor Mauch, shared here on Mogul. He told us about the most destructive force to your success that sits in your home… the TV. The stats he shared were pretty alarming. The average American watches about 7 (yep, 7!) hours of TV a day.
Using some conservative numbers – just 3 hours of TV per day, 5 days/week, valuing your time at $50/hour – would cost you $1,800,000 over 50 years! And most people watch a heck of a lot more than 3 hours of TV per day.
Look, if you want to build a thriving successful REI biz and live an epic life, it’s time to start spending more of your free time adding value to your life, rather than getting the life sucked out of you.
Trevor challenged you to cancel your cable TV just like he did. Whether…
Patrick Riddle
has been investing in real estate ever since he got the bug in college at Clemson University and - to his parents dismay - dropped out of college to dive full-time into real estate at the age of 22 with a couple friends/partners from school.
The first few deals were rough for them, mainly using their own cash, credit, and hard money loans. But, soon he found out that was a rough and unsustainable way to build a real estate business.
After "on the job" learning through the school of hard knocks at first, he found the key that helped their company get deals done more quickly, with higher profit, less risk, without having to go to banks or use their own cash.
Fast forward to today, their company has closed over 130 real estate transactions and has put over $6 million in private money into their own transactions.