What Type Of Person Thrives In Real Estate, According To A Real Estate Investment Associate At Wealth Management
Success in real estate investment, according to Geoff, hinges on a strong work ethic, resourcefulness, and "getting out there" to source deals and investors—a social aspect crucial for deal-making. Basic math skills are also important, but the most crucial characteristics are the drive and creativity needed to build the necessary connections.
Resourcefulness, Work Ethic, Networking, Creativity, Math Skills
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Geoff Esmail
Real Estate Investment Assoicate
Wealth Management Company
University of Arizona
UCLA & MBA
History, Art History
Finance (Banking, Fintech, Investing)
Finance
First Generation College Student
Video Highlights
1. Strong work ethic and resourcefulness are crucial.
2. Creativity and networking are essential for sourcing deals and investors.
3. Basic math skills are necessary, but interpersonal skills are even more important for success in real estate investment.
Transcript
How would you describe people who typically thrive in your industry?
I think the most important skills go back to work ethic and being resourceful. Those are really important characteristics.
Being successful in real estate is all about sourcing deals and sourcing investors. So, getting out and finding people to invest in your deals and finding deals takes creativity.
If you have good work patterns, are willing to work hard, and do everything you can to find new deals, new investors, and make new connections, that's important. That's the social aspect, because a lot of deals are found that way.
I think most people can be successful with those characteristics. And, of course, you have to have basic math skills, but that's another layer. More importantly are those other features.
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