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Real Estate Information |
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Stay Motivated With REI Till The Deal Comes
I know many investors step into the game of real estate investing with high hopes of landing the deal that will turn their financial situation around and yes some do and this is not for you - this is for the investors still looking for that first deal! The best way starting out in this business, staying motivated and sticking to real estate investing has to do with one big factor! Keep your JOB - Yes you may be "Just Over Broke" but real estate investing comes with no guarantees of doing a deal in 30, 90, or 120 days as a matter of fact deals come and they go. real estate investing has its good times and it's bad times! You need a source of income and without it the likely hood of failure will soon follow! Having a stable income is the number one goal to having financial well being and your mental and emotional well being also. How to stay motivated in this game of real estate investing until you succeed can be a process but in the end the benefits of a successful real estate business outweigh the time from beginning to success. So number one on my list to staying motivated is to have a stable income - you can do real estate investing part-time! We all have many demands placed on us from society, family, friends, work and our self that it can become vary confusing on the issue of priorities. With this said your number two goal to staying motivated is to get yourself organized in business and in your personal life as this helps in keeping control. Without organization, you will loose your sense of motivation and procrastination will set in to help you down the road of failure. It's all about balance. Balance in your life, balance in your job and balance with your real estate business and yes this is a challenge and the best way to get balance is cut out the clutter in life. Those wasted hours we all have in our daily life such as watching TV. Starting out in this game you will need to budget effetely and the best way to do this look for area's that you can cut expenses so that you can put the extra funds into your business. Great areas to cut are eating out, cable TV, dropping extra telephone features such as caller ID & call waiting. Look at it this way! According to the Bureau of Labor and Statistics, American households in 2003 spent an average of $3,129 on food at home and $2,211 on eating out. This amounts to $260.75, just cutting down and spend $100 a month eating out you would save $160.75 per month. The national average monthly cost of cable TV service and equipment in 2002 was $40.11 and the average for expanded basic service was $22.02 so cut back to expanded basic and save $18.09. Just with a cut back on the two items listed about you would save $189.77 per month or 2,227.24 per year for your business. It's not a home run but it can get you started. The average pre-foreclosure in the Midwest is only behind $2,700 so you save up for a year and learn how to do subject 2 investing you can acquire a property around a value of $160,000. By taking the simplest steps in life of stabilizing your current income, organization and budgeting in just a short time you can turn real estate investing into a reality. Therefore, my fellow investors decide what and how you want your life to be! Make a promise to yourself to achieve what you want real estate investing to do for you and concentrate on what's most important to you. Spend less and enjoy the simple things in life that do not cost and let real estate investing take you to the level of success you are seeking. This is just the beginning step of staying motivated as a real estate investor. Author of Getting Started in Real Estate Investing http://jmichaelrei.com/html/getting_started_.html "You will never do anything in this world without courage. It is the greatest quality of the mind next to honor." By Aristotle, Greek Philosopher John Michael
MORE RESOURCES: Stately Massachusetts Castle Just Outside of Boston Has Price Slashed to $12.5 Million - Realtor.com The 36 Top L.A. Real Estate Agents of 2025 The Hollywood Reporter Should You Invest in the TIAA Real Estate Account (QREARX)? The White Coat Investor Real estate sales in Peoria, Tazewell and Woodford counties for September 13, 2025 Peoria Journal Star FirstTeam expands; new teams at RE/MAX, Real, The Agency, CB Real Estate News by RealEstateNews.com UA Real Estate Program Named for Birmingham-Area Developer UA News Center Agent Spotlight: Mark Bott The Grand Junction Daily Sentinel OT Real Estate Spotlight of the Week: 1913 Celebration Circle The Owensboro Times 5 Simple Ways to Invest in Real Estate Investopedia Jon Broden joins Stifel as Financial Advisor, Transitioning from Real Estate to Wealth Management Grand Forks Herald Will Mortgage Rates Drop Below 6% This Month: September 2025 Forecast Norada Real Estate Investments Anniversary lessons for real estate and life Orange County Register The Michael Houck Real Estate Guide for September 14th Oil City News Alexandria Real Estate: Why This REIT Remains A Top Pick Seeking Alpha Former San Francisco Giant Hunter Pence Lists Newly Built Malibu Mansion for $39 Million Realtor.com Mortgage Rates Predictions Next 90 Days: October to December 2025 Norada Real Estate Investments WEF: Why Real Estate Decarbonisation Needs an Energy Focus Energy Digital Magazine Dodge County Real Estate Transfers Fremont Tribune Real Estate 101: The freedom to interfere The Rome News-Tribune For value hunters to millionaires, these CT towns are on the hottest real estate run in 2025 CT Insider The best asset money can buy. Why Bitcoin beats gold, stocks and real estate: Money Talks Cleveland.com EG Real Estate: 20 New Listings & 2 Sold East Greenwich News Today’s Mortgage Rates – September 13, 2025: 30-Year FRM Drops by 6 Basis Points Norada Real Estate Investments Household Real Estate Asset Values Reach New High Eye On Housing Adams using November's ballot proposals to hand over the city's future to the real estate lords, by Phyllis Eckhaus Red Hook Star-Revue Listed for $3 million, a Raleigh ‘dual-era’ dwelling lands on Zillow Gone Wild Raleigh News & Observer Lessons From Ellen DeGeneres' $190 Million Home-Flipping Hobby-5 Key Takeaways - Beaumont Enterprise Lessons From Ellen DeGeneres' $190 Million Home-Flipping Hobby-5 Key Takeaways Beaumont Enterprise Mortgage Rates Predictions for 2025 and 2026 by Fannie Mae Norada Real Estate Investments VERSATILE REAL ESTATE COMPANY Waco Tribune-Herald Mortgage Rates Today: 30-Year Fixed Refinance Rate Goes Down by 11 Basis Points - September 13, 2025 Norada Real Estate Investments Small Florida town attracts athletes, stars but it's not Miami or Palm Beach. See where Treasure Coast News Real estate transfers: Jackson Township, Canal Fulton properties sell for more than $1M Massillon Independent Zillow challenges Compass’ request to depose co-founder Real Estate News by RealEstateNews.com Real estate group acquires Eastern Animal Hospital for $7.75M Maryland Daily Record Real Estate Transfers: Sept. 11, 2025 The Suffolk Times South Suburban College’s C3 Program Expands Offerings with New Real Estate Course and Additional Learning Opportunities GreatNews.Life Dallas’ Milestone Group Closes $1.1B Real Estate Investors Fund Dallas Innovates The Pipeline: Commercial real estate roundup for 9.12.25 Richmond BizSense Week-in-Review, Sept 8-12: Publicly Traded Companies, Real Estate, Small Businesses and More Biz New Orleans GJARA: Mesa County, a magnet for movers? The Grand Junction Daily Sentinel Hilco Real Estate Offers Two Hilton-Branded Hotels for Sale in Meridian, Mississippi: Investment Opportunity with Ongoing Renovations and Modern Amenities in the US Travel And Tour World Six Chattanooga-area real estate agents fined by state Chattanooga Times Free Press Real Estate Troutman Pepper Locke Real Estate Professionals West Newsmagazine Real Estate Notes: North Gulch hotel project plan progresses Nashville Post Compass (COMP): Assessing Valuation Following Ethan Glass’s Appointment as Chief Legal Officer simplywall.st Fond du Lac County property sold for $3.2 million in real estate transfers for Sept. 2-5 fdlreporter.com Dawson County weekly real estate transactions, Sept. 12 Central Nebraska Today Westmoreland County Real Estate Transfers The Latrobe Bulletin Best Real Estate Projects 2025: Northgate Industrial Park The Business Journals I’m a Real Estate Agent: These 5 Features Can Bump Your Home’s Value by at Least $10K GOBankingRates Real estate sales in Jefferson, Bullitt and Oldham counties for Feb. 24 to March 2, 2025 The Courier-Journal UA celebrates a major gift by Rance Sanders to Culverhouse College of Business - The Tuscaloosa News UA celebrates a major gift by Rance Sanders to Culverhouse College of Business The Tuscaloosa News |
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