Sunday, October 4, 2009

Why We Fail At Investing in Real Estate

By Nancy Geils

I talk to real estate investors all the time. Some are seasoned pros. Many are "wannabe" real estate investors who are just trying to get their feet wet. I can tell you from experience that there is one and only thing that separates the seasoned pros from the wannabe real estate investors. This one thing will surprise you because it's not what you think.

It's not a secret technique. It's not a special recipe. It's not a secret phone number. It's not a list of private money names. It's something else:

ACTION!

Successful real estate investors take action. They blaze ahead. They plow through. They move forward. They do something. Then they do it again. And again. And again. The wannabe real estate investors who are not successful - and who will never be successful (I'm sorry to say) are those who are waiting for something; perhaps they are still trying to get their paperwork in order or they are trying to figure out their brand or they are waiting for their business cards to be designed and printed. These are excuses! And believe me, I'm not the only one who says this! I am backed up by experience and by a chorus of other real estate investing experts who believe the same thing.

Every successful real estate investor, goes to work on a deal right away. They don't just do a bit and then stop. Start working and don't stop until you have the deal. That's it. That's the secret. If you don't have your paperwork in pristine order, that's okay. It will come. When you need it, you'll suddenly discover that you can do it quickly. (And, I'm also willing to wager that you'll be surprised to discover you don't need as much as you think you do).

So stop reading this article. And go take action right this instant!

For more information go to www.investingwiththestars.net/season3. Sign up for our FREE Webinar Series with Top Real Estate Experts sharing all their money making secrets!

About the Author:

No comments: