How to Overcome Limiting Beliefs and Get Started in Real Estate Investing

The host of *The Apocalypse Project Podcast and nouveau-real estate investor, Rudy Valderrama takes over this week’s episode to share his real estate investment beginnings.

In this episode, we dive into the challenges, mindset, and practices of those who are new in the real estate industry and discover the key things they need to take the game far ahead.

In the interview, Rudy revealed how Matt convinced him to dip his toes in the water and out of his comfort zone. Believe it or not, what set off Rudy’s decision to get off the sidelines of real estate is not the promise of riches–it’s family.

With the encouragement and guidance of his mentor and the people close to him, Rudy continues to learn and discover fresh dynamic ways of navigating this new field. And in return, he inspires others to do the same.

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Quotes -

“Anybody can call themselves whatever they want. You know whatever the case may be. But now that I'm actually dipping my toe in the game, it [real estate] is very foreign. It’s a whole new world of language.”

“I am a visionary. I will say that. So I love seeing the bigger pictures of the things that are in front of me.”

“‘When the student is ready, the teacher will appear.’ I think that’s been referenced a few times on the show[…] But I think that’s the most important thing. I think what happened is that I find myself in a place where I’m ready to learn.”

“There is an art and science. Art, as in, the more that you do it, the better you get at it. But the science part is there are rules that apply. And if you stay true to those rules, they will play out and make a more robust just way of dealing with all these different things regardless of what it is you know.”

“I always want to remind myself that there's always more than one way to do something and oftentimes the way that everybody does something is not always the way .”

“Now, I’m stepping outside of the box and saying, ‘Hey. Though I had security in this, I’m gonna try this and see where it takes me.’ And not say that it’s a risk [or] a pie in the sky kind of dream.”

“Just understanding at that moment that I'm able to do things that I never thought possible if I just shed these these these identities.”

“I think the first thing is to shed the idea that there's a mold that everybody should fit in. Right? I think that was part of my problem–I didn't fit the traditional successful mold. So, therefore, I'm not going to be successful because I couldn't see myself fitting in that mold. The reality is we're all different with different personalities and different ways of looking at the world. “

“Your identity is found in something else. But it's not your guilt. It’s not your shame. It's not even your habits or your actions. Those are just things that are just responses to hurts and pains in your life .”

Concepts -

While capital matters when getting into business, the proper mindset will ACTUALLY be your fuel to get on that road to success.
Learning the tricks and trying to see things in an industry in a dynamic way can help you figure out how to navigate and set your path for the future
Good people see potential in you. You can use their vision and faith in you to motivate yourself.
You can learn a lot of things by observing, listening, and seeking helpful advice from veterans in your industry.
There is more than one way to do something. As long as you’re creative, you can solve any problem that comes your way.

Time Stamps

0:00 Introduction
1:27 Rudy’s state with real estate
2:40 Anyone can call themselves whatever
3:56 Matt convinces Rudy
6:00 What trigged Rudy to pursue real estate
8:11 Vision for the next 12 months
11:35 Science vs Art of real estate
14:00 Listening to seasoned investors
15:00 Elevating others
18:00 Changing your way of thinking
21:16 Benefits of having a mentor in the industry
24:00 Rudy’s real real estate journey
27:47 Real estate investing is more complex than people understand
28:32 Overcoming identity labels
31:39 Maybe I am smart
35:41 What would you say to somebody in the position as you?
37:00 Set yourself to success
41:37 The pain we experience is valuable
45:00 Investing in property is investing in people’s lives
47:29 Healing from trauma with faith and love
49:52 Making amends with others
51:54 The balance between good and bad experiences
52:57 It’s your perspective that matters
53:42 Rudy’s first home
55:18 A challenge for Rudy

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// TAGS

beliefs that hold you back, housing market