Business Development
REI Biz or REI Hobby Part 3: Making the Switch
Howdy, partners. Today we’re back in the saddle again for part 3 of this great series.
For today’s vide lesson, we are honored once again to hear from David Corbaley to learn how to transform your real estate investing hobby into a real estate investing business.
But first, if you missed Part 1 and 2 where we defined the differences between an investing hobby and business, you might want to catch up with those and then come back here:
Now that we’re all back on track, let’s get a refresher on who David is and then dive into what we’re going to learn in today’s lesson…
Knowing is Half the Battle
We’ll first…
David Corbaley
joined the military right out of high school and became a special forces green beret. After 10 years he exited and joined the Seattle fire department. He started his real estate investing career in 2002 and bought his very first property on a lease option. After learning multiple ways to do a deal, like most investors do, he found a serious issue: He kept going broke. He was doing everything the courses said, direct mail, signs, ads and everything else. Same results: Do a deal, get paid, then find himself with little money all over again. Do another deal, get paid, etc. Over and over. The problem was not having leads to fuel his business. No leads or sporadic leads = no/sporadic business.
Finally, he went back to his Commando roots, and approached it from an unconventional standpoint. Then it happened. After 2 years of R&D and testing, he relaunched in 2006 and ended up doing 7 figures that year. It’s cool to have become a sought after marketing master. Companies now seek him out to consult for their business and marketing strategies. He’s known as “The Marketing Commando”, and for good reason: He’s trained thousands of real estate investors and business owners how to turn on the REAL power of marketing in their business.
Finished?
+ Mark as Learned
Valuable Lesson? Share it: