How to be a SUCCESSFUL Real Estate Agent & Investor in 2023 | Ricky Carruth

This podcast episode features Ricky Carruth, a prominent real estate agent known for flipping over 150 homes and having a significant presence on YouTube with more than 500 million views and over a thousand videos.
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Connect with Ricky!
Instagram - https://www.instagram.com/rickycarruth/
YouTube -  @RickyCarruth  

Ricky's approach to real estate aligns with Ryan's vision of a successful realtor. 

Interestingly, a large number of real estate agents don't invest in real estate themselves. Ricky is an exception, generating over a million dollars annually as a realtor while also investing in real estate. He believes in providing advice based on personal experience.

The emotional journey of a real estate agent can be a roller coaster due to disappointments and frustrations. Success in this field demands the resilience to handle these ups and downs. Transitioning from a W-2 employee to a 1099 independent contractor brings its challenges. Ricky and Ryan advise that joining a real estate agent team offers security but limited growth, while going solo presents more income potential but higher risk. Finding a mentor is the optimal approach, but it's not the norm due to the nature of the industry.

Ryan shares his experience with a brokerage where he invested in new agents who didn't reciprocate the effort. Confidence is crucial for real estate success. Faking confidence until it's ingrained, surrounding oneself with confident individuals, and continuous education contribute to developing it.

Accountability and coaching play a vital role in achieving potential. The conversati

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