Real Estate Investing — Is It for You?

Jan 05, 2010 Comments Off by

This topic may sound harsh, but it’s something that you really need to take some time to think about.  It’s important that you find this out now, rather than later so you won’t waste your efforts, time and money.  So, how do you know if Real Estate Investing is right for you? This list will help you determine if Real Estate is YOUR path to Wealth:

1. You’re the type of person that needs to know every single detail on how to do something, before you do it. (Note: You’ll NEVER know it all)

2. Others easily control you.  You can be easily convinced you’re crazy for trying something different from the pack. If you feel embarrassed for trying to become a responsible and successful investor.

3. You are a negative person and see nothing but pitfalls to Real Estate Investing. You thoughts are constantly.. “But what if.. or I don’t think I can..?

4. You are not willing to make personal sacrifices to reach your goals.  Your life is centered on your Television Schedule.

5. You are the type of person that waits for things to happen, instead of making things happen. You blame your boss for your salary and you don’t take responsibility for your income or debt.

6. You expect overnight success and you don’t like to learn from your mistakes.

7. You’re afraid of competition and unwilling to venture anything in fear of losing it.

8. You do not commit yourself to learning and you don’t apply as you learn. The price to pay is too large for you.  You refuse to give up hobbies and time-wasters in order to succeed.

9. The big numbers of real estate scare you. Buying a $300,000.00 house scares you. “But what if…?”

10. You bought the Carleton Sheets Course 4 years ago and it’s still in the shrink-wrap.

Many people are attracted to this business for the simple fact that Real Estate Investing has made more millionaires than any other business in history. Some think that just being involved in Real Estate Investing is all that it takes to make it in this business, only to find out later that they’re not willing to put in the effort that it takes to get started and become successful. What attracts you to this business? If you had to break it down to one single reason why you’re attracted to this business, what would it be? If it’s only money, then this business may not be for you.  If it’s only for the title, Real Estate Investor, then you’re in the wrong business.

These reasons are not enough that would help you make it through the hard times.  If you said you’re in it just for the money and don’t make anything after 3 or 4 months, then you’d most likely give up.  Real Estate Investing may be for you if:

1. You want a great, comfortable lifestyle for you and your family.

2. You want to benefit from your own efforts and be responsible for your income.

3. You’re tired of the RAT RACE!!

4. You want CONTROL of your destiny!!

5. You want to become a philanthropist and serve others.

6. You’re willing to ignore your negative comments from your family and friends.

7. You want to earn $500,000 a year within 5 years time.

8. You want to earn PASSIVE income and build for future generations.

9. You don’t let negative thoughts cloud your mind.

10. You’re willing to persist and NEVER give up!

There are those in this business that have set themselves up for failure because they have not taken the time to develop the mindset needed to make it through the tough times in this business.  The ability to pick yourself up if you fall, the ability to motivate yourself and the ability to focus are the abilities that will help get you through the tough times and enable you to become the Real Estate Investor that you envision.  Work on developing your mindset that will keep you positive and make you bullet proof to all the negativity and distractions that may present them along the way.

Work on yourself and your business every day and never give up on your dreams.  Decide today that Real Estate Investing IS for you and do whatever it takes to succeed and accomplish your dreams.  You MUST invest in your time and money into this business in order to become a success.  Are you willing to sacrifice and to what it takes? Are you?

List what you want right now.

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Then list what you must sacrifice to get it.

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