On Today's episode, Ben Peters from Mission Real Estate Group will be sharing his entrepreneurial story along with his expertise in real estate and real estate investing. Ben has been in the real estate industry for 6 years and is in the top 0.5% of real estate agents in America.
Mission Real Estate Group and Ben Peters
- Website
- Facebook
- Bens Instagram
- Bens Facebook
Show Notes:
[0:00] - Giveaway contest announcement: Enter for a chance to win a $20 Amazon gift card, a physical copy of Think and Grow Rich by Napoleon Hill, and a perfect goal setting template PDF. Click here to go to the giveaway webpage.
[1:14] - Introduction
[3:10] - What is involved with being a real estate agent and his specialties
- Ben has done 5x as many transactions as the average real estate agent in Minnesota
- Smart real estate investing has the power to unlock financial freedom
[5:00] - Ben talks about what is required to become a real estate agent
[5:49] - Ben's education and how it has helped him in his journey
- The business administration degree he obtained has given him the abilitie to form a cohesive team and have an advantage over other real estate agents.
[6:48] - What the most rewarding thing for Ben about being a realtor
[8:00] - What Bens biggest fear was about becoming a realtor
- 80% of agent will not have their license in the next 24 months
- Having a job tied strongly to economic indicators
[10:57] - What Ben likes about real estate more than working a typical 9-5 Job
- He likes being able to control his success based on the amount of effort he puts in
- Have the mindset to re-frame failure
- Get to the point in 10 seconds or people will lose attention
[12:06] - How Ben continues his education
- Required continuing education for realtors
- Reading 30-60 minutes a day
- Listening to podcasts and audibles while in the car
[14:42] - How to build a business around real estate
- You have two options, be a solo agent or build a team
- Mission Real Estate Group to helps fund mission trips overseas (20% of profits)
- Differentiating yourself is key
[17:54] - Tips for college students looking to find off campus housing
[20:18] - You do not need to be a realtor to invest in real estate
[20:01] - The first step to investing in real estate is to educate yourself and find a mentor
[22:43] - Don't let yourself get analysis paralysis (using excuses to postpone taking action)
[25:28] - Real estate investing is the best way to invest because you make money 4 ways:
[28:59] - Fast five section
- Most valuable class: Advanced marketing
- Recommended book: Rich Dad Poor Dad by Robert Kiyosaki
- Recommended business tool: Social Media
- Staying on schedule by: Creating daily habits to structure your day
- Most productive time of day: Early mornings
[33:51] - Main Takeaway: Jump into real estate if your interested (Ready-Fire-Aim)
Mentioned Resources:
Note: Some of the resources below may be affiliate links, meaning I receive a commission (at no extra cost to you) if you use that link to make a purchase.
- Rich Dad Poor Dad by Robert Kiyosaki
- Student Built Startups Giveaway Contest