A Salesperson's Journey to Real Estate Investment with JP Albano | Know your why #316
In this new episode of the Know Your Why Podcast, we're joined by JP Albano, a former IT professional turned Amazon bestselling author and real estate investor. JP shares his remarkable transformation from a high-paying tech sales career to finding financial independence through real estate, specifically in apartment investing.
Discover the mindset shifts that propelled him from dealing with imposter syndrome to becoming a successful investor and the strategies he employs to overcome industry challenges, including those posed by the COVID-19 pandemic and fluctuating interest rates.
Key Takeaways:
1. Leverage Your Strengths: JP stresses the importance of recognizing and doubling down on your natural talents. His own career transition highlights how embracing one's skills can lead to success in new endeavors.
2. Mindset is Key: Overcoming imposter syndrome is a common challenge for those new to real estate. JP's story illustrates the need for a supportive community and the courage to step into discomfort for growth.
3. Partnerships Matter: Finding a business partner with complementary skills can be a game-changer, allowing for tackling ambitious projects and overcoming the steep learning curve in the real estate industry.
4. The Learning Phases: JP discusses the 'pre-learning' phase, where extensive research takes place, and the 'active learning' phase, which starts with your first investment. Understanding both is crucial for success.
5. Adaptability is Crucial: JP shares his experiences with the changing real estate market and the importance of being flexible with your strategies, particularly in the face of unforeseen events like the pandemic.
6. Take Action: Emphasizing the importance of getting started, JP encourages listeners to immerse themselves in content, learn continuously, and not to be paralyzed by inaction.
Get in touch with JP:
https://www.facebook.com/significanLC
https://www.instagram.com/thejpalbano/
https://www.linkedin.com/in/jpalbano/
http://thetechsalesinvestor.com/ If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/ Artist: http://audionautix.com/