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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: This real estate company trapped nearly 700 Oregon families in 40-year contracts that even affected their chi OregonLive.com Exclusive | A Jackson Hole Property With a Western-Style Lodge Lists for $40 Million The Wall Street Journal Ultra-wealthy buyers are splashing out $40M-plus for homes in this NYC nabe — bringing it to new heights New York Post Compass CEO tells NY judge that his real estate agents feel 'bullied' by the 'Zillow Ban' Business Insider Real Estate Transactions, Nov. 17 edition Hopkinton Independent Real Estate Transfers: Oct. 31, 2025 The Bedford Citizen Sustainability meets investment at these Mexican real estate projects Mexico News Daily Industry still vulnerable post-settlement, researcher warns RealEstateNews.com Artisan Partners to acquire real estate firm Grandview Property Partners BizTimes - Milwaukee Business News Dean Weidner makes $10M gift to establish Weidner Business and Real Estate Center at OSU Oklahoma State University Connecticut Retirement considers boosting real estate pacing plan Private Equity Real Estate | PERE Latest real estate transfers RiverheadLOCAL In the News: Andy Babula on the Risks of Real Estate Consolidation in St. Paul Newsroom | University of St. Thomas Andy Hunt, Linda Gorens-Levey named to BizTimes Milwaukee’s Notable Leaders in Real Estate Marquette Today Top 2026 Commercial Real Estate Issues to Watch | Florida Realtors AI real estate, mortgage scams proliferate The Voice of San Francisco REX isn't giving up on a Supreme Court hearing RealEstateNews.com Is $200 Million the New $100 Million in Luxury Real Estate? The Wall Street Journal Fed Cuts Fail to Revive Commercial Real Estate Market wealthmanagement.com Massachusetts Real Estate Leaders Warn Rent Control Ballot Question Would Deepen Housing Crisis Boston Real Estate Times A ‘defining moment’ for RealReports; BeachesMLS adopts Roomvo RealEstateNews.com CPP’s van Oosterom on taking ‘the broadest view’ in real estate Private Equity Real Estate | PERE Owning versus Renting, and Other Questions Nonprofits Should Ask About Real Estate: A Conversation with Rudy Espinoza and Allison Wagstrom Nonprofit Quarterly JLL Brokers $17.85M Sale of Fully Leased Woburn Warehouse to Sagard Real Estate Boston Real Estate Times Building a brand clients trust in real estate RealEstateNews.com Weidner funds new business and real estate center at OSU with $10M donation The Journal Record CoStar hires Stephens to cover Houston residential real estate Talking Biz News William T. Ferreri Jr., local real estate broker Cape Gazette How real estate intelligence is redefining retail growth Chain Store Age Artisan Partners to acquire real estate firm Grandview Property Partners Pensions & Investments Inside the Weintraub estate at BIGHORN Golf Club The Desert Sun Marilyn Shen Joins CBT Architects as Principal and Director of Workplace Boston Real Estate Times Mid-America Real Estate Corporation brokers sale of 255,704-square-foot retail center in Batavia REJournals Learning to lead: 5 practices that help moms thrive in real estate Inman Real Estate News DH Property Holdings and DRA Advisors Acquire 133,000 SF of Industrial Logistics Space Across Norwood and Ayer for $16.5 Million Boston Real Estate Times Real Estate: November 3 to November 7 Newport This Week Radio Real Estate 11/15/25 My Bellingham Now ‘Timeless’ estate with water views for sale in western WA. See the ‘masterpiece’ Tacoma News Tribune REAL ESTATE BRIEFS NOV. 18 Las Vegas Business Press The Beverly Hills Estates Launches The Palisades Estates Division Santa Monica Daily Press Miami Real Estate with Solid Fundamentals, No Bubbles Funds Society Pa. Department of State begins offering real estate license exams in Spanish NorthcentralPA.com Real estate market defies post-Oct. 15 expectations as interest in lower-priced apartments in Seoul surges Korea JoongAng Daily Real Estate, Banking, and Bankruptcy: Q3 Hits the Three Tiers of Cannabis Capital Very Differently Business of Cannabis Sagard Real Estate Expands Industrial Portfolio with Acquisition in Charlotte, North Carolina Yahoo Finance Detroit's real estate investment potential continues to rise in national ranking Crain's Detroit Business Taking on the Trust Issue National Association of REALTORS® NAR Clarifies Disclosure Requirements Under Article 7 When REALTORS® Are Compensated by Multiple Parties National Association of REALTORS® MacDonald Highlands mansion tops October sales at $13.4M | Real Estate Millions | Business Las Vegas Review-Journal Membership Rules Are Changing for Real Estate Agents. What It Means for the Housing Industry. Barron's The Office Market’s Budding Recovery Is Leaving Most Cities Behind The Wall Street Journal The Strategy Shift Agents Need to Win More Listings Right Now National Association of REALTORS® Prince William County Real Estate Taxes Due December 5 Potomac Local News This historic Maine church's listing went viral: We took a tour newscentermaine.com Exclusive: Safeway near S.F.’s Ocean Beach faces short term closure, developer plans housing complex San Francisco Chronicle Amplify your brand with a real estate podcast Inman Real Estate News Trump Project in Maldives Opens More Doors for Cryptocurrency Investors The New York Times Gahanna's $100 million Creekside District redevelopment moving forward after council OK The Columbus Dispatch Uzbekistan Emerges as Key Market for China’s Real Estate Giants The Times Of Central Asia |
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