E58 - Information Overload with Rob Thyberg

Many people shy away from making an investment in real estate because it seems too complicated and risky. The information available on the internet has become so overwhelming that investors find it confusing rather than helpful. With the fear of making bad decisions, how can people overcome the barrier to entering the world of real estate investing?

In today’s episode of the Expert(ish) Podcast, Jay talks with Rob Thyberg about how to prevent information overload when investing in real estate for the first time. He will also offer some insight into property investment through blockchain technology and why he prefers to invest in multifamily properties.

Enjoy!

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Favorite Quotes

2:43 - Backstory of Rob Thyberg

6:53 - Why information online makes property investing overwhelming for investors

10:38 - Communication and relationships as keys to simplifying complex real estate investment concepts

17:07 - Rob's journey into multifamily investing

31:28 - Why pumped-up speeches aren't always helpful when making investment decisions

46:45 - The beauty of multifamily properties

49:12 - How Rob manages multiple properties

57:17 - The intersection between blockchain technology and real estate investing

In This Episode

"The thing that holds people back, including myself, is that aversion to risk. If you have the will to do the due diligence and you also have the will to, 'this is what I want and I'm going to make it happen', then I would say, just do it!." - Rob Thyberg

"For someone who doesn't have a big pot of money to invest with, real estate seems like the highest barrier to entry." - Rob Thyberg

"When you know you're ready, you're ready. You can poke holes in any deal and be like, 'that's the reason I'm not doing it'. But the real reason you're not doing it is probably that you're scared." - Rob Thyberg

"What's so great about using the VA loan is that you don't have to be rich. You don't even have to be wise. The most attractive part is how accessible it is, but you have to get over that barrier to entry. What gets me over that is speaking with real-life people who have done it, not a talking head of the internet." - Rob Thyberg

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