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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: Mamdani Won. South Florida Expects a Real Estate Bump. The New York Times NYC election fears drive $100M+ Florida real estate surge as 'nervous' New Yorkers flee south Fox Business Exclusive | Blackstone Is Offloading a Flopped $1.8 Billion Investment in Senior Housing - WSJ The Wall Street Journal More bad news for home buyers: Real-estate investors are seizing an opening and ramping up purchases MarketWatch Current Real Estate Roundup - November 6th, 2025 Nantucket Current Southern California real estate firm surrenders Waterford RiNo apartment complex to lender The Denver Post Real estate transfers in Adams County from Oct. 27-31, 2025 Muddy River News Real estate agents bait buyers to auction by underquoting prices Australian Broadcasting Corporation Real estate investor are flocking to this affordable Midwest city in search of best bang for buck New York Post How the Ascension Parish commercial real estate market is trending Baton Rouge Business Report Center for Demographics and Policy Moves to Argyros College and Hayden School of Real Estate Chapman Newsroom Shutdown chipping away at confidence in housing market RealEstateNews.com Real Estate Firm The Agency Opens New Office in Old Bellevue Downtown Bellevue Network RLA Global 2025 Mid-year Wellness Real Estate Report Hospitality Net Real estate news: 7 apartments in Anaheim fetch $3.2 million Orange County Register Stewart Strengthens Real Estate Services Portfolio by Announcing its Intent to Acquire Mortgage Contracting Services (MCS) Business Wire Learning in Real Time: Experts Share Their Forecasts for Real Estate in ’25, ’26, and ’27 Urban Land Magazine NAR’s C-suite grows (again); new execs at NCAR, Realtor.ca RealEstateNews.com Bria Welcomes First Residents to Vesa, Its New Luxury Apartment Community in Marlborough Boston Real Estate Times EG Real Estate: 6 New Listings in the 2M+ Range East Greenwich News Montserrat College of Art Unveils The Bower: A New Creative Hub in Downtown Beverly Boston Real Estate Times LOCAL REAL ESTATE TODAY 11.7.25 KQEN News Radio Shelter Island Reporter Real Estate Transfers: Nov. 7, 2025 Shelter Island Reporter DVM Housing Partners Celebrates BLUME on the Ave: A New Model for Community-Driven, Affordable Homeownership in Mattapan Boston Real Estate Times Dallas-Fort Worth named top real estate market to watch in ULI report The Business Journals Boston’s Young Women to Explore Union Construction Careers at 10th Annual Massachusetts Girls in Trades Conference Boston Real Estate Times Goodman estate lists for $185 million on the North End oceanfront in Palm Beach Palm Beach Daily News The Pipeline: Commercial real estate roundup for 11.7.25 Richmond BizSense 2026 Commercial Real Estate Outlook Deloitte Aston Martin Building New Florida Residences With Valor Real Estate Development | THE SHOP theshopmag.com Pittsburgh one of 10 markets to watch in ULI Emerging Trends report The Business Journals Florida Native American tribe makes Denver investment with $125.6 million purchase The Business Journals 'Mamdani migration': Real estate agents see surge of New Yorkers relocating to Florida after election Scripps News Real estate recovery in 2025 proves elusive. Political, economic uncertainty dampens market. Pensions & Investments Houston drops slightly on PwC-ULI annual list of real estate markets to watch (free to read) The Business Journals Welcome to Real Estate Friday! The Berkshire Edge Fond du Lac County property sold for $1.7M in real estate transfers for Oct. 27-31 - fdlreporter.com Real estate: What office-to-residential conversions mean for residential brokers Main Street Media of Tennessee Much-renovated 1990s-era townhouse fetches $11.7 million on Palm Beach's near North End Palm Beach Daily News Serbia passes a special bill enabling Trump's son-in-law to build luxury compound despite opposition AP News Epique Realty Wins Prestigious 2025 Inman AI Award, Honored as "Top Real Estate AI Startup" USA Today Stewart Acquires Mortgage Contracting Services National Mortgage Professional Real Partners With MAXA Designs On Agent Marketing Platform Inman Real Estate News See how much homes prices rose in Marion County recently Ocala StarBanner Berkshire region real estate sales – November 7, 2025 The Berkshire Edge See how much homes prices fell in Winnebago County recently Oshkosh Northwestern NAR Members Sound the Alarm on the Effects of the Government Shutdown National Association of REALTORS® The Real Estate Fix With Rich Szerman – Death To Zombie Mortgages– November 7, 2025 - KHTS Radio $570,000 Homes in Cape Town, South Africa The New York Times Dave Ramsey Caller Is $40,000 Upside Down On A $100,000 RV. 'It's A Terrible Investment. Real Estate Goes Up, RVs Go Down' Yahoo Finance See how much homes prices rose in Lake County recently Leesburg Daily Commercial City Council shops for properties, and more real estate news The Eastsider LA National Association of REALTORS® Appoints First-Ever Chief Data Officer to Advance Innovation and Member Value National Association of REALTORS® LandVest | Christie’s International Real Estate Achieves Record-Breaking $37.5 Million Sale on Martha’s Vineyard GlobeNewswire Queens family heartbroken after shady real estate agent scammed them out of their home — and received no jail time New York Post Retrial ends with guilty verdict for man who orchestrated real estate agent’s murder 5 EYEWITNESS NEWS |
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