039: How to Take Action From the Start as a Real Estate Investor with Victor Bell

Taking action is the single surefire way to get started in any profession. It is especially true in the real estate world because, with all the available information, it’s easy to get stuck in too much analysis or research. This theme comes up over and over again on the podcast.

Some investors know you just have to jump in and learn some lessons the hard way. Learning by doing can teach some hard lessons, but they’re valuable experiences that will guide the rest of your investing career.

In this episode of Zen and the Art of Real Estate Investing, Victor Bell, founder and CEO of Bell Capital, explains to Jonathan how he discovered real estate investing and why a traditional career path would never fit him. He’s been investing since the mid-90s, and it all began with a job he hated and a trip to a bookstore.

Hear what it takes to become a successful real estate investor, why you don’t need to reinvent the wheel, and the importance of professionalism.

In this episode, you will hear:

The biggest lesson Victor learned from his long investing career
When his interest in real estate developed and how he began investing
The types of properties he initially acquired and why those appealed to him
How he got comfortable with asking people for money and why it was easier when he first started
Deploying personal capital versus money for a fund and why they’re different
Who inspired Victor as he learned the real estate investing ropes and how his wife and kids influence him
The most important personality trait for an investor to have
The importance of being straightforward, honest, and doing your due diligence
Victor’s best creative financing vehicle over the years and the one piece of advice he’d give to new real estate investors

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If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at http://www.trustgreene.com/podcast/zen/039 to download it.