Nov 13, 2019
Challenges can make or break you. You can choose to be crippled
by your circumstances in life or learn from them and rise better
than before. In today’s episode, Daniel Skelton shares his journey
from being homeless when he was 15 to becoming the successful real
estate entrepreneur that he is today.
Daniel started his first real estate deal when he was 15 years
old. After selling his car for a good amount, he bought a house
which he flipped and sold for around $22,000.00. He has always
known that he was wired for business and this first sale boosted
his self-confidence to pursue real estate investing. Daniel works
hard every day to do well, bring value to the marketplace and just
grow as a professional and as an individual.
Today, Daniel provides us very useful tips on leveraging the use
of Facebook to network, negotiating deals with investors to earn
private capital and how to nurture relationships with contractors.
We hope that his story inspires you just as much it had inspired
“You’re making your own journey, you’re making your own story.
Be you. You’re the best at being yourself. That’s the best place to
On today’s episode of FlipTalk:
- Find a good mentor. It took 2 years after his
first sale for Daniel to finally start his own business. He was
able to accomplish this by finding a good mentor who was able to
guide him through his journey.
- Don’t underestimate the power of networking.
When he started his business in Alabama, he did not have much
information about the market. He connected with real estate agents
through Facebook and consistently attended events where he could
meet people who could help him, and who he could help, with his
- Check your Investors. He advises starting
entrepreneurs to ask potential investors what exactly they are
looking for. By doing this, you will have a set of criteria that
will tell you if the deal is doable and at the same time, gauge if
the investor is credible with their knowledge in real estate
- Be Creative. You need to provide your
investors (and clients) with options based on their needs and
expectations. Being creative also means being able to come up with
solutions for unexpected situations.
- Nurture Relationships with Contractors. Since
he owns he has his own contracting business, Daniel shares the
benefits of showing appreciation and dealing in faith with
contractors to deliver results.
- The Power of Social Media. Daniel uses Social
Media as his main platform for all traffic for his business. He
grew a $500,000.00 business in under 2 years primarily through
- Find out the real “Why”. He talks to his
investors and clients to find out what their true motivations are
for doing business to help them come up with a solution that is
beneficial for all parties.
Daniel’s Tips for Real Estate Entrepreneurs:
- Educate Yourself. Daniel always knew that he
wanted to be in business, but he didn’t have the skills to pursue
it when he was younger. He worked hard to educate himself and
develop the skills needed to be successful in the real estate
- Develop the right mindset. Quit blaming
everything else and other people. Figure out where you went wrong
and get yourself to a mindset wherein failure doesn’t matter.
- Stay persistent and don’t give up. Nothing
happens overnight, so you need to keep yourself motivated through
your journey to success. No matter how hard something gets, just
Connect with Daniel:
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