3 Ways to Master Your Mindset in Real Estate Investing with Gary Hibbert

Black Wealth Effect

If we are gripped by fear, lack of knowledge, and limiting beliefs, it is hard to find a way out. We will always end up working nine to five. This means trading time for money and sacrificing social life and family time if the work requires it.

Remaining in one's safety box will not lead to wealth creation. One must jump out, stretch oneself and make things happen. Otherwise, we can only hope for the life we've always wanted without ever achieving it unless we take action.

In this episode, guest Gary Hibbert shares how he approaches his fears as opportunities to deliver his best, network with others, and grow his business. See how changing your perspective and mindset rewards you with breakthroughs.

At the time, he never had enough money to purchase his first property when he started in real estate. Add to the fact that he didn't have all the knowledge about everything early on. And if that's not enough, he also had misses along the way.

But that didn't stop him from pursuing the dream life he wanted, which beats inflation, provides a healthy work-life balance and time freedom, and achieves not only return on investment but also return on time.

How did he do that? It was a matter of mastering his mindset.

What you'll learn from today's episode:

• Find out how to own multiple properties and scale your business even when you don't figure out everything at the start.
• Learn to face your fear; change your perspective, and you'll find yourself delivering your best and open yourself up for more opportunities.
• Discover one effective way of creating a roadmap of what you want to become and where you want to be, manifest it, and do away with shiny object syndrome.

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Gary Hibbert is a full-time Real Estate Investor, licensed and award-winning Real Estate Agent, Author, and Educator. In 2008, he made a decision that would be life-changing by purchasing his first investment property. Through hard work and dedication, Gary left the corporate world to become a full-time entrepreneur in 2014. Today, not only does he have a remarkable real estate investing portfolio, and a successful business, but Gary continually inspires the same change in others that transformed his life.

In the beginning, Gary lived pay cheque to pay cheque as many others do. He had been accustomed to the reality that at the end of the month, there was more month than money. Realizing that there must be another way to make ends meet, he became determined to educate himself and make a change. However, at that point, he hadn’t yet realized that by changing his own life, it would enable him to help 100’s of future investors to their path to finding financial freedom. In 2010, Gary launched Smart Home Choice, a company dedicated to educating new and experienced investors through a focus on SMART goals in order to allow them to make informed decisions in their investing strategies. Currently, Smart Home Choice is one of Durham Region’s largest groups of Real Estate Investors and although the company is continually growing, it offers networking, mentoring, and self-improvement opportunities to its members.

In addition to Smart Home Choice, Gary is the owner of a private investment company called Deep Pockets and most recently has joined 4 others in a partnership of ownership of a real estate brokerage; Our Neighbourhood Realty. This gave Gary the courage and platform to initiate his podcast series, Real Talk With Gary. A podcast that focuses on wealth, health and everything in between. Gary attributes his success to his focus on improving his mindset, rather than improving his skillset and most importantly discovering his “why”. He is also dedicated to helping others realize their “why”, because that is the realization that led Gary to where he is today.

Topics Covered:

01:41 - What gets Gary excited for summer

02:32 - Return on time, not just return on investment

03:58 - Childhood lessons he incorporates into his business

05:39 - Touching on financial literacy experience, saving versus investing, and controlling your financial future

11:37 - His journey to owning multiple properties - what worked and what didn't for him

16:47 - Overcoming challenges and focusing your energy on what moves the needle in your business

22:06 - What's so big a deal with writing down what you want to achieve?

24:31 - How to get started and really take action to make things happen [working on your mindset to create your dream life]

28:08 - Valuable market forecast for the rest of the year 2022

31:54 - Is there still something that keeps him up at night?

33:46 - What's keeping him busy at this time

Key Takeaways:

"You have to be careful that while you're chasing your passion, your dreams, you've also got to remember why you're doing what you're doing." - Gary Hibbert

"Winning, you obviously feel great from it, but also from losing. I think that is where you get some of your biggest victories later in life because you have to go back, learn what went wrong, and then improve." - Gary Hibbert

“If you write down what you want, you can focus on it with intent. It changes your life, it changes direction. And that's how you can design what you want and manifest these things into your world”- Gary Hibbert

"I can't outpace inflation by having a job. That was a light bulb moment for me to say, what if I just had one more property? What if I could purchase another vehicle that could outpace inflation? And that's kind of what changed my life." - Gary Hibbert

"Get into the market, learn it, understand it. You can't sit there and just talk about it from the sidelines. The game is played on the field. Get into it." - Gary Hibbert

Connect with Gary Hibbert:

• Website: https://garyhibbert.ca/
• Instagram: https://www.instagram.com/garyhibbert/
• Facebook: https://www.facebook.com/smarthomechoice/

Connect with Mario Griffiths:

• Facebook: https://www.facebook.com/marioginvest
• Instagram: https://www.instagram.com/marioginvest/
• LinkedIn: https://www.linkedin.com/in/mario-griffiths
• Website: https://www.mariogriffiths.com/

Connect with Ron Christopher:

• Instagram https://www.instagram.com/ron.investor/