The Multifamily Real Estate Experiment Podcast

MFREE 119 Trailer # 3 with Cory Harelson: Is Your Circle Helping You Think Bigger?

Shelon Hutchinson Season 3 Episode 119

Aloha, It’s Shelon "Hutch" Hutchinson here! If you’re enjoying 'The Multifamily Real Estate Experiment' podcast, please like, comment, and share our episodes to help us reach and inspire more people. Thank you for your support!

Sometimes the best move sounds crazy... until you ask the right person

Cory Harelson didn’t go looking for a cheerleader

 He went looking for a challenge

Over one beer with the only guy he knew who owned rentals

 he asked: “Talk me out of buying a mobile home park”

Turns out—his friend told him to go for it

This episode isn’t about real estate strategies

 It’s about mindset

 It’s about who you trust to challenge your thinking

 and why most people never take that first real step

Your network won’t change your life

 How you think with your network will

🎯 Action starts when you stop waiting for permission

 

#LeadershipMindset #ThinkBigger #PassiveIncomeJourney

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hutch@hsquaredcapital.com

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Speaker 2:

And I took a, I went and took a buddy out. The only person I knew in the world who had rental properties. I took him out. He was our real estate agent. Matt, I took him out for a beer and I said, Matt, I'm thinking of doing something crazy. I'm thinking of buying a mobile home park and I need you to talk me out of it and I need you to tell me why. And he was like, no, I know guys who own those. They're cash cows. And yeah, we sent out a bunch of, we, we switched it up, we sent out a bunch of letters and found our first park that we bought in 2016. Amen.

Speaker:

That, that is so cool. And you did something really good there. He wasn't really looking for validation as to the museum that you have created for yourself. You wanted somebody to challenge that belief and it sound like you really trusted his buddy. One, he had experience and he was, I assume where it was somewhat successful in the direction that you wanted to go. And the crazy thing is that there's so many people around us that, that are doing things at the next level that we want to aspire to, but not a lot of us are taking, the necessary steps together. There's this famous quote that says that your network is your net worth, right? Tons of people know Elon Musk and they're not multi-billionaires you know what I mean? Because they're not thinking at that level. They're a lot of them just probably satisfied with getting a job and not really, thinking a lot bigger.