Taking Ownership with Todd Fleming

October 6, 2021 melissa Real Estate Comments Off on Taking Ownership with Todd Fleming

Taking Ownership with Todd Fleming

As much as people say it’s “easy” to start in real estate, it’s also just as hard. Some people hit home runs in the first inning but never seem to hit another strike in their later at-bats. This means that you might have gotten a swig of “beginner’s luck” (it’s real, trust us), but for most people, that’s not going to take you far.

Since luck isn’t really something you can control (unless you’re woo-woo like that), it might be good to improve on the things you can control. What are those things? Easy. It’s all in what you know and how you deal with it. In this article, we’ve got Todd Fleming, the co-founder of the Kingdom Real Estate and best-selling author of If You Can’t Wholesale After This: I’ve Got Nothing For You, to shed some light on how to get that first deal. Did we mention he’s OUR mentor? We guarantee you that he understands the problems of a new real estate investor. Don’t believe us? Todd talks about his first deal in the podcast.

The points below are from the fourteenth episode of the Real Estate JAM, where Todd Fleming talks about the common problems his students face, breaking out negative thought patterns, team dynamics, and equipping yourself with the right mindset. Tune in on the full episode on YouTube, Spotify, or Apple Podcasts.


 

“Nothing You Do Can’t Be Fixed.”

This phrase is what Todd said when asked about the first piece of advice he’d give to beginners. Results are results. You can’t control external circumstances like market conditions, the mindset of the people you deal with, or as mentioned earlier, your luck. But what you CAN control is what you do and how you do them. These things are what Todd says you can “fix.”

But what are they?

Good question, but for each person, it’s going to be different! Todd did say that one of the common issues with beginners is their fear of starting, but confidence is not necessarily THE key to a million dollars. (Otherwise, anyone can just jump on real estate, guns blazing, and get instant cash!). Other things matter as well, like finding the right people, knowing how to talk to them, building a small team, handling your funds properly, and many more!

That’s why it’s essential to become a sponge that absorbs as much information as possible! Listen to educational podcasts (like the Real Estate JAM, obviously), read books and online articles, join communities of like-minded investors, and/or find a mentor!

 

Starting, Taking the Next Step, and Not Quitting

But “knowing” is just one side of the battle. Your heart needs to be into it as well. Sure, it’s a little cheesy, but the pizza of real estate isn’t delicious without it.

You need to commit yourself to this if you want to succeed. Take that first step. Don’t be afraid of the things you don’t know about. Do that Google search. Read up about those unfamiliar words you keep hearing on real estate podcasts. Ask questions. Once you’ve learned a thing or two, try them out! Get those deals.

And, CONTINUE getting those deals. Don’t stop at one, even if you fail the first few times. And when (not “if”) you do fail, don’t be stuck in a victim mentality. It’s better to accept responsibility for your own mistakes. Don’t point at others or the environment. Look at yourself and see what you can do to make things better.

“Nothing you do can’t be fixed.” Learn why you failed. Adapt. Be ready to change. Don’t make the same mistakes again. Take the next step.

 

Want to learn more? You can hear it from Todd himself! Listen to the full episode on YouTube, Spotify, or Apple Podcasts.

 

About Todd Fleming:

Todd Fleming is the founder of The Kingdom Real Estate and Power Of Finance. Todd’s purpose in life is to end financial suffering for others by providing financial education and mindset training on creating wealth and building better habits in life. Todd is the #1 Real Estate Best selling author of “If You Can’t Wholesale After This… I’ve Got Nothing for You.” In 2013 Todd had nothing to his name and had to make the decision of making a life for himself or giving up and living within the rat race forever. He chose to make a difference and began flipping and investing in real estate until later founding a movement to help others create financial freedom. Todd has been featured on Success Profiles Magazine, Secret Entourage, Secret Academy, as well as dozens of other podcasts and media shares.

 

Outline of the Episode:

  • [00:48] An introduction to Todd Fleming – baseball, rediscovery, selling cars, door-to-door sales, day trading, and real estate.
  • [07:32] The common themes that Todd has mentees have to deal with and how he helps them get over these issues.
  • [11:34] How do you break out of a negative loop of bad thought patterns?
  • [13:37] Todd’s first “flip-flop”. From taking a year to finish a flip, he can now do it as fast as 30 days!
  • [16:48] A spectrum of perspectives is essential to a team. There’s a reason why it’s called team “chemistry”!
  • [23:04] Todd’s wholesaling adventure. What’s wholesaling in the first place?
  • [26:55] “Nothing you do can’t be fixed.” What does that mean?
  • [28:35] The difference between quitters and those who’ve persevered in real estate.
  • [31:33] Getting away from a victim mentality and starting to take responsibility for your actions.
  • [34:26] Pursue something.

 

Resources:

 

Connect with the Real Estate JAM!