The segment highlights the significant mistake real estate investors make by reinvesting their own capital into deals, labeling it as the worst method to accumulate wealth, and points out the issue of trillions of dollars in dead equity in land. Daniel Martinez and Anthony Gona from Hivemind flew in from San Antonio, Texas, to discuss on the "Real Estate Disruptors" show why investing in land is considered the best investment, challenging common perceptions and aiming to create millionaires through consistent action and valuable information shared on the show. Daniel shares his transition from being a truck driver to getting involved in real estate, emphasizing the role of dedication and the influence of the show on his career. Anthony's journey into real estate started from a construction background and a desire to buy land cheaply for personal use, which led him to discover wholesaling and eventually making a substantial profit from his first land deal, shifting his focus towards land investment. 0:00-0:28: The speaker describes the gravest mistake real estate investors make as reinvesting their own capital into deals and flips, highlighting this approach as inefficient for wealth accumulation. They also mention the vast amount of dead equity in land, underscoring the missed opportunities in the real estate market. 1:30-1:49: Daniel Martinez and Anthony Gona's introduction on the "Real Estate Disruptors" show, explaining their journey from San Antonio, Texas, to discuss the potential of land investment. The episode aims to challenge the traditional views on real estate investment and provide insights that could help viewers become millionaires through consistent action and the right strategies. 2:07-2:38: Daniel shares his background before entering real estate, starting from being a truck driver to meeting the show's host during a sales training event. This story emphasizes the significant changes and developments in his career, marking his transition into the real estate sector. 4:35-5:50: Anthony recounts his path into real estate, initially from a construction and roofing background to discovering wholesaling and its potential for quick profits. His story highlights an $85,000 profit from his first land deal, illustrating the lucrative opportunities in land investment and his decision to focus on this area within real estate. www.nytfire.com
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