Hi Everyone,
I hope that you are all doing well.
Today I am going to talk about what has already been talked about many times before…
Personal coaches, real estate coaches, and successful people in general have covered this topic in great depth.
What I am sharing with you in this blog post or other blog posts is no different than what you may have already been exposed to.
People who are trying to become successful at at something, for instance real estate investing will always wonder about the ‘sure path to success.’ They will wonder what the ‘secret’ is to becoming a successful real estate investor…
Aspiring real estate investors often look at successful real estate investors and wonder how they got to where they are. Often times newer real estate investors look up to the more experience real estate investors in amazement. New investors often doubt their own abilities. They worry that they may not have what it takes takes to one day become successful. They feel that their attempt at real estate investing is a struggle and that there is a chance that they will never end up making it…
Let it be known that…
…It is not difficult to become successful at investing in real estate, but then again it is very difficult. Ihope I have not confused you… Follow my train on thought here…as I will explain…
It is not hard to become successful at investing in real estate because all you have to do is copy what successful people, successful real estate investors have already done.
Pretty simple, right?!
Easier said than done!
In my experience, I have observed very few people take this advice.
Out of say for instance the last 10 people that I have talked to that are interested in investing in real estate, perhaps only one of these 10 people have followed in the footsteps of real estate investors more successful than them. As a result, 9 of these people continue to struggle and spin their wheels. Whereas the one individual who simply copied what successful real estate investors were doing has ultimately experienced success as a real estate investor.
The advice is straightforward and the advice is this…
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“Success leaves clues”
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“To become successful at investing in real estate, copy what successful investors are doing. In fact, copy what they have already done!”
I will leave you with this to ponder…
Think of the following example. In the great classic, The Wizard of Oz, Dorothy, Toto, Scarecrow, Tin Man, and The Lion were given one piece of advice.
The advice was to follow The Yellow Brick road.
If they did this, they would encounter no trouble. However, if they deviated off of the road, trouble would soon be upon them…
In the end, they finally ended up getting to their desired destination, The Emerald City.
Be like Dorothy and her crew and follow the sure path to success. Stay on the road that successful real estate investors have paved out for you. Follow this road all the way to your own Emerald City!
Best Regards,
Neil Uttamsingh
P.S. To follow my blog, enter your e-mail address on the LEFT hand side of the blog. To receive The First Rental Property Newsletter, enter your e-mail address on the RIGHT hand side of the blog. In the Newsletter, successful real estate investors will share with you how they bought their first rental property. They will also share with you some tips and tricks as to how you can get started!
Hi Neil, when I was getting started I was always worrying about stretching my seed capital as far as I could. This led me to look into a whole bunch of different strategies, but after joining REIN I started with simple buy-and-hold to emulate other successful investors to learn the ropes.
What stage do you find the other 9 out of 10 investors get stuck at? Do they take no action at all, try to flip properties, or end up chasing exotic real estate and rich quick strategies?