617: Why Every Great Investor Should Ask, “What Pisses Me Off?” w/Rich Fettke

Single-family rentals are where most real estate investors start. In one way or another, a new investor realizes that there is more to life than just their job. They save up, get educated, and buy their first rental property. Those who do well repeat the process, slowly growing their portfolio to double-digit numbers. But, at a certain point, they realize they can’t go any further with the system they’ve set up for themselves. What should they do? Rich Fettke, co-founder of Real Wealth, and author of The Wise Investor, fell into real estate accidentally. Over the years he’s had to fine-tune his system, scale his team, and learn how to become not only a successful investor but a successful leader. Now, he runs one of the premier real estate investing websites on the internet, manages three syndications per year, and still individually invests in rental properties. Thanks to his track record of more than two decades, he knows what does and doesn’t work when trying to scale your real estate portfolio. Most importantly, Rich knows who to hire onto your team so you can continue to build wealth, without having to do all the work yourself. In This Episode We Cover: Where new investors should look to purchase their first investment property  How to scale from single-family rental properties to syndication deals Why most investors “trap” themselves without a scalable team Turning challenges into adventure and shutting down the “inner gremlin” Asking yourself, “what pisses me off?” when defining your company’s core values And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast David’s YouTube Channel Ask David Your Real Estate Investing Question Listen to All Your Favorite BiggerPockets Podcasts in One Place Real Wealth Network The Simplest Way to Successfully Scale Your Business Syndications—Everything You Need to Know BEFORE You Invest David’s Instagram David’s BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter Rob's BiggerPockets Profile Books Mentioned in the Show Think Again by Adam Grant The Book on Rental Property Investing by Brandon Turner The Wise Investor by Rich Fettke BE 2.0 (Beyond Entrepreneurship 2.0) by Jim Collins Connect with Rich: Follow Rich on Instagram  Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-617 Learn more about your ad choices. Visit megaphone.fm/adchoices