Andy Dane Carter on Building Wealth with Real Estate Investing | Episode 4

Andy Dane Carter on Building Wealth with Real Estate Investing | Episode 4 photo

Show Notes:

Being raised by a single mother, Andy Dane Carter realized at a young age he needed to become the man of the house. His entrepreneurial streak eventually led him into real estate investing, which is how I got to know him.

On today’s show, he shares his fascinating life’s story as well as his insights into the investor space – including a belief I share that far too many agents are missing out on investment opportunities they should be purchasing themselves instead of being content with earning a commission on a sale.

He also discusses his personal journey of growing tired with corporate America, deciding to get healthy and creating the life he always desired – even if his introduction to real estate took place at the worst time possible.

In this episode, we talk about…

0:45 – Introduction to Andy and  his background

4:30 – Start of Real Estate Investing

6:51 – Transition from Flipping to Real Estate Development

13:00 – How a growth mindset plays a role in growing up

19:09 – The importance of mentors and finding someone’s potential

19:41 – Morning routine and doing the work

22:57 – Dwayne Johnson’s “t greatest thing I never did”

25:29 – The negative narrative about the real estate market

28:21 – The impact of getting educated and informing people on real estate

30:08 – NAR comments and real estate agents stats in the USA

32:01 – Digital farming with social media and establishing trust online

36:26 – Save money and spend money wisely

38:39 – Parenting tips

43:07 – The role that suffering and hard work play for for growth

43:39 – Comments on “Participation trophies”

45:12 – The education system in America

51:22 – Being a Sommelier and drinking alcohol

53:09 – Andy’s book “100 Doors”

57:02 – “But I can’t buy real estate” objections

58:07 – Andy’s buy box recommendation

59:21 – What is a gross rent multiplier?

1:00:23 – Real estate investing for realtors

1:04:05 – Final piece of advice

 

Relevant Links:

Andy’s website

El Pollo Loco

Baskin Robbins

First Team Real Estate

Mindset by Carol Dweck

Tom Bilyeu

Level Ten Health

Ed Mylett

Dwayne Johnson’s Best Thing That Never Happened

REAL Trends The Thousand & America’s Best Real Estate Professionals

Gary Vaynerchuk

The Slight Edge by Jeff Olson

Breast Cancer Research Foundation

Wounded Warrior Project

Strengths Finder

Walt’s Wharf

Andy’s book 100 Doors on Amazon

Gross Rent Multiplier on YouTube

Berkshire Hathaway Home Services

 

 

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