Today on the Heartland Multifamily Show, I’m talking about speed limits with my special guest, Trot. We associate speed limits with driving. Those speed limits are there with the average or below-average driver in mind, and are imposed to mitigate risk, and avoid the worst-case scenario. That said, many people exceed the speed limits because they make a calculated risk based on the driving conditions and their own abilities to get to their destination faster. Multifamily investing also has speed limits. There are some that are legal limits imposed on you, but many of those limits are self-imposed. In order to be a successful multifamily investor and reach your goals more quickly, you have to be aware of those speed limits, then adjust your actions accordingly. You need to put more work in, and drive yourself faster, but have self-awareness to know what speed limit is appropriate for you. Watch this video to learn how to reach your multifamily investing goals faster.
