Are taking risks and being open to learning essential parts of successful investing?

 

Today, Blake Selby shares his journey from snow shoveling to owning a gym and building a portfolio of 300 single-family rentals. He offers insight into the importance of taking risks, having a willingness to learn and iterate, and getting involved in real estate without risking personal capital. Learn how to gain access to transactional mechanics by providing quality leads and making money while learning. Let’s dive in!

 

Blake Selby leveraged his education to start a successful gym venture at a young age. He later sold this gym to fund a real estate startup, which has grown into a flourishing business comprising acquisitions, private lending, and asset management. With no prior experience in real estate, Selby transformed a failing strip mall into a profitable venture, later transitioning into managing a portfolio of 300 homes. 

 

[00:01 - 03:32] Opening Segment

• Blake shares his journey from owning a gym to becoming a private lender

• Blake's advice on mindset

• Start young with small goals and take consistent action toward goals

 

[03:33 - 07:16] Take the Risk and Learn

• Take risks and try new things to learn something new

• Blake's story of getting CPR and Red Cross babysitters training certificate to get babysitting jobs

• Don't risk your capital in real estate; become valuable for someone else instead

 

[07:17 - 10:42] Closing Segment

• Witness the transactional mechanics of deals while making money

 

Connect with Blake:

 

Website: https://www.selbyrentals.com 

Instagram: @selbyrentals

LinkedIn: Blake Selby

 

Key Quotes:

 

"Take the risk, try a new thing because even if you don't accomplish the goal that you had set out to accomplish, you may end up finding a nugget in there that you can take with you to your next thing."  – Blake Selby

 

“If you do nothing, you're going to get nothing. It's just a fact.” – Blake Selby

 

WANT TO LEARN MORE?

 

Connect with me through LinkedIn.

 

Or send me an email at [email protected]

 

Visit my website, www.luxe-cap.com, or my YouTube channel.

 

Thanks for tuning in!

 

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