620: Ed Mylett Foresees Huge Opportunity for “Small Investors” in 2022
Ed Mylett knows the housing market. He’s participated in real estate investing for decades and has become wildly successful thanks to his tenacity, relationship-building skills, and creativity when getting deals done. But, funnily enough, Ed Mylett isn’t most well known for his real estate investor prowess—he’s known for his mindset-shifting, world-changing ideas when it comes to personal development, discipline, and entrepreneurship.
In Ed’s newest book, The Power of One More, he talks about the small tweak that anyone can make to become many multiples more successful. In essence, every extra push-up, cold call, and hug to your spouse or child is the exact thing that puts you above the rest. It’s not about putting in the effort, it’s about putting in more effort than the average person would. This not only applies heavily to real estate investing but to any goal we set.
David and Rob get the opportunity to talk to Ed about his book as well as his sentiment towards today’s housing market and what deals he’s doing in the background. You may be surprised to hear it, but Ed is incredibly bullish on real estate investing for a few good reasons. He gives a simple yet incredibly practical explanation for why this year is surprisingly the best time to get into real estate investing in a long time.
In This Episode We Cover:
How the power of “one more” can change everything about your life
Why committing to your standards is arguably more important than goal setting
How collective psychology is driving the market to new places (and how to escape its grasp!)
Why investors must start “evaluating their income streams” instead of just their properties
The “most crazy deal” Ed has ever done and why it’ll be a first of its kind
Building the confidence you need to accomplish your dreams and create a life you love
And So Much More!
Links from the Show
Ask David Your Real Estate Investing Question
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Subscribe to The “On The Market” YouTube Channel
Check Out the “On The Market” Interview with J Scott
6 Things You’ll Need When Getting Into DIY Landlording
Start Landlording Smarter with Avail
The World’s Least-Followed Investment Advice (& How it Can Make You a Millionaire)
6 Empowering Strategies to Conquer a Paralyzing Fear of Failure
Books Mentioned in the Show
The Power of One More by Ed Mylett
Nothing Down by Robert Allen
Connect with Ed:
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-620
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