Shownotes
Frank Iglesias: Lessons in Real Estate and the Power of Action
Summary
- 🎙️ Introduction to Frank Iglesias: Jerome Lewis hosts Frank Iglesias, a seasoned real estate entrepreneur with experience spanning wholesaling, fix-and-flip, rentals, and new construction across multiple states. Frank’s journey began in IT before transitioning into real estate in 2008.
- 🏢 The Shift to Real Estate: Frank shares how an email invitation to a Rich Dad, Poor Dad seminar in 2008 ignited his interest in real estate. He highlights his journey from skepticism to action-taking, buying his first property in early 2009.
- 💼 Coaching and Accountability: Frank emphasizes the importance of coaching in real estate, recounting how not having a coach in his early years led to mistakes. He credits coaching with guiding him to success and helping him mitigate risks.
- 🌟 Lessons from Experience: Frank provides insights into navigating unpredictable markets, focusing on the importance of controlling emotions, taking calculated risks, and avoiding analysis paralysis. His advice: action is crucial, even amidst uncertainties.
- 🛠️ Specialized Strategies: Frank discusses his experience with new construction, outlining the differences from flipping and the challenges of entering a niche market. He highlights the value of adaptability and learning from past successes and failures.
- 🎧 Podcast and Outreach: Frank hosts the podcast What Worked for You, where he interviews entrepreneurs to uncover their unique paths to success, sharing lessons and inspiring others.
Insights Based on Numbers
- 2008 Market Entry: Frank’s career began amidst the foreclosure crisis, providing him unique insights into market dynamics.
- 15 Years in Real Estate: His career has spanned over a decade, allowing him to witness and adapt to multiple market changes.
- 100+ Deals: Frank’s extensive experience across different strategies equips him with deep expertise in real estate investing.
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