Hello my friends, and welcome to another episode of Ask Marco. I am recording this episode today here on the island of Maui in Hawaii. I'm out here to do a presentation on day two of a three-day event called The Wealth Summit, and that's tomorrow. So I wanted to get this done because I have been out of town and I have not had the time to actually get down and do another Ask Marco episode. But anyway, today's the day. So quick reminder, for those of you interested and who qualify, we have our next Power Room mastermind event, December 5th through seventh in Las Vegas at Caesars. If you wanna learn more, go to our website at powerroom.com make sure it's a fit for you, and also find out if really it's something you qualify for, if you're interested, just hit the application button, fill out the form, and you will be contacted by the one and only the lovely Annie Yacht.

She is amazing. You'll have a great conversation with her because she will be able to answer a lot of questions for you and get you plugged in with who we are, what we do, what you'll learn, all the great stuff we do, all that good stuff. So anyway, check that out@powerroom.com. And other than that, let's get to the first question.

FREE copy of The Ultimate Guide to Passive Real Estate Investing.

If you missed our last episode, be sure to listen to The Pros and Cons of Investing in Real Estate with an IRA or 401(k)



So the first question today comes from Diego. He says, Hi Marco. I wanted to ask you that if you could go back to when you were 23 and you started from nothing, what would you do differently to get into real estate investing or entrepreneurship in general? What steps would you take in order to ensure success? Thank you, Diego. This is a good question. I don't remember if I answered something similar to this a few weeks ago, but I love these personal questions. I think they're great to kind of just tap into other people's experiences and my mind, if not other people's minds.

But for me personally, there would be not much that I would change or do differently than what I did other than maybe do it faster and fast track it, even though I really started as a teenager diving into books and knowledge related to real estate investing and business in general. So let me answer this question for you a little differently, Diego, and for the benefit of people listening to this. So if it were someone else and you would were to go back, you know, as a teen or an 18-year-old, a young adult, or 23, I assume you're 23, that's why you're asking, what would you do differently or what would you do? So the first thing, and I've said this many, many times over the years, is to educate myself. Now, I was already doing that, so I'm basically telling you educate yourself, and that means consume as much good content as you can as it relates to real estate investing, investing in general and business because those things are very tightly interconnected.

You don't need to be an entrepreneur or start a business in order to be an investor or a successful investor at that, or to even get involved in real estate investing. In fact, a lot of people just get into real estate investing, have relatively speaking, a superficial knowledge of it, but have the right team to work with them and they become very successful. But the more you learn, the more you earn. There's just a lot of truth in that. So educate yourself, and that means listen to podcasts, read books, as many as you can consume. They're cheap. It's the cheapest form of education. You can just go to Amazon and type in investing a real estate or anything like that and find all kinds of great books with great reviews, and you can learn a lot and be one of the most well-educated people, probably within your circle of friends and family.

So educate yourself, do it early and dig in deep. Secondly is learn and observe from other people. Other people who have success and experience are already doing it.