Know other people's stories. It is Scot Poirier's striking advice for investors on their first deal.

In this episode of the Profit First for REI podcast, Scot, a successful real estate investor and coach, gives you practical advice on investing in real estate and how to get a seller to open up.

He also shares his story of his first deal and the challenges he overcame in his journey. Listen to have the right motivation and hope to pursue your real estate investing journey. Enjoy the show!

Key Takeaways:

[00:39 ] Introducing Scot Poirier
[02:55 ] Life before real estate investing
[06:17 ] His very first deal
[09:57 ] After repair value
[10:49 ] The wake-up call
[16:51 ] Learning about people
[25:28 ] How can you make people open up to you?
[30:22 ] Remove 'permission language'
[33:10 ] Connect with Scot Poirier

Quotes:

[05:13 ] "People are people. They have crises, and they need to have a sense of trust to work with you."
[10:51 ] "When you don't know that you don't know, you might get lucky on a deal, but when the other shoot drops, it hurts."
[29:12 ] "Don't give up. Surround yourself with good people. People that have your interest in mind."

Connect with Scot:

Website: https://www.facebook.com/scot.poirier

Tired of living deal to deal? 

If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David