Ever wondered what crazy levels of hustle and resilience it takes to go from broke and crashing on your mom’s garage floor to becoming a real estate mogul and HGTV celebrity? This is the raw, no-BS story of Tarek El Moussa. From making a measly $7k commission on his first short sale deal while the buyer flipped it for $130k…to risking it all and signing a contract to flip 13 houses for TV when he didn’t have a clue how to fund or execute it.
Ever wondered what it takes to go from crashing on your mom’s garage floor to becoming a real estate mogul and HGTV celebrity?
In this episode of the Collective Clicks Podcast, host Brandon Bateman interviews Tarek El Moussa, a successful figure in the real estate investment space. Tar shares his journey from a struggling young adult in Burbank, California, to achieving significant milestones in his career, including nearly a million dollars in monthly revenue from his wholesale business and hosting a popular HGTV show.
Tar recounts his early challenges, including a pivotal moment when he lost his sales book while selling Cutco kitchen knives, leading him to explore real estate. After obtaining his license, he struggled initially but turned his career around by focusing on cold calling expired listings. With a commitment to having 50 conversations daily, he quickly earned substantial commissions, which instilled in him the importance of networking and persistence.
As his career progressed, Tar navigated the Great Recession, transitioning from real estate agent to investor. He learned valuable lessons about negotiation and market opportunities through short sales, which marked a significant turning point in his life. Tar emphasizes the need for a strong work ethic and a mindset focused on finding deals. He discusses the evolution of his business model, highlighting how his television appearance impacted his approach to lead generation and the necessity of delegating tasks to scale his operations.
Overall, the episode provides insights into Tar’s mindset, resilience, and strategies that contributed to his success in the competitive real estate market.
https://vimeo.com/manage/videos/968133526
