Some people who doubt that there is a right time to start investing in real estate worry that there are too many people buying houses to find a deal. Competition is everywhere. If you can’t understand that competition is normal in business, then real estate investing is not for you. Just take a look at the market for companies like Coca-Cola and Pepsi, Nike and Reebok, McDonalds and Burger King, and a million other services and products on the market. So if you see a lot of investors competing against you, know that it is a rewarding business because you are not the only one who sees the profit potential. Plus, there are more than enough deals to make everyone rich, in due time. At any given time there are hundreds of properties for sale in their own local market niches, enough for every investor looking for them.

Some investors know that events like the 9/11 tragedy, the large number of job layoffs, and the stock market crash will kill the economy, and anything they buy will lose value. But again, this doesn’t have to be the time to fold down the tent and quit smoking before you start. To be successful in investing, learn how to make money in the “rising” and “falling” markets. Have strategies to use in both “rising” and “falling” markets to survive when the economy is bad or thrive when the economy is booming. And if everyone else is forecasting “doom and gloom”, just clear out the competition, as you have more market share to profit from, as this is a good thing!

Ask yourself: “When do I want to make money?” And the answer is usually right now!

So, get out there and get your investment business going, right now! And do not base your actions on what others say because the majority of the population is not rich, only those few who dare to take the right risks and take the necessary steps to be successful.

Stay in ‘the game’ and stay ‘the course’ (persist)

One of the main disappointments of the conventional ‘real estate rental’ approach is that there is simply no money NOW, only after a long period of ownership. There is not enough difference between the income earned from the rent and the expenses of the mortgage payments and repairs for the investor to make money today. You barely get by in the first few years of owning your property. You must have other income to maintain your lifestyle. You can’t just count on the rentals to back you up.

Most likely, at first you are supporting your properties with your other income if you bought in the traditional way. That is not very attractive. Many investors don’t have the stomach to endure the harsh financial stresses of the rental business. What’s more, people just don’t have the desire to hold out for it to work, in due time. Therefore, if you persist, you will outperform the competition because they will no longer be in business and you will have no “competition.” This business is a long-term commitment and more than 80% of real estate investors, who have been in business for so long, become millionaires. What I’m telling you is this: stay the course and you will beat most of your competitors because you will be able to overcome the ups and downs of the market in the real estate game in due time.

Opportunity is everywhere

This ‘NO’ is a common statement that I hear from new investors. It is true that it may work differently in some markets than others, but there are investors who make money in all cities (large or small, metropolitan areas or rural areas), every day of the week. You have to know your market: rents, trends, local customs, lenders, title companies, etc.

Then learn the techniques and adapt them to your market. One thing is for sure, everyone needs a roof to live under, whether renting or owning. People need to live somewhere. So, study your market carefully, because there are tons of opportunities in every market. You just have to know your market and be able to serve it accordingly. If you don’t believe this, just read the ‘Success Stories’ of all my students who achieved financial independence and made big profits using my field-tested and perfected real estate investment system.

Typically, the main argument of real estate “deniers” is to associate real estate with bathrooms, bad tenants, property damage, tenant evictions, and so on. – all the bad tasting things that can happen to an investor preparing to jump into the real estate game.

For someone who thinks the only thing to do with real estate is getting a loan and buying a run-down duplex, in a bad part of town, getting into the real estate game could certainly turn into a big nightmare very quickly. However, a person who is open to the possibilities and who is willing to learn various techniques and strategies, will discover very quickly that this methodology is not the most profitable way to carry out real estate transactions.

A true wealth builder

Well, if you cringe at the very thought of spending your nights and weekends uncapping shabby toilets, painting scarred walls, and appeasing angry / upset tenants, you’re in good company. I have no interest in dealing with time-consuming tenant issues or their negative attitudes. When you follow a systematic approach to investing, you won’t have to deal with negative results! There are other creative ways to manage properties that do not involve annoyances or headaches of any kind, such programs exist in our “Automated Management System” that eliminate those property nightmares.

There are much more profitable strategies if you are open to “non-traditional” ways of investing in real estate. For example, in our System approach, there are “Rental Credits” that are used to maximize your time, while minimizing your overall risks, while creating positive cash flow instead of living with negative cash flow and tenant issues. . There is a better way !! Your properties will be beautifully managed and maintained. Your Tenant-Buyers will be happy, you will pocket a lot of positive cash flow and spend your free time locating additional real estate investments, doing the things you love and have a passion to do, which is the goal of Becoming a Professional Real Estate Investor! first !!

If you are really serious about real estate investing and do extensive research on the real estate business, constantly learning and improving your level of knowledge, you will find that your risks are minimal compared to other business models.

If you talk to any knowledgeable real estate investor and compare the cost of starting a real estate investment business with another type of business, you will see that a real estate business has far less risk. I like to be honest with you that you will need at least a few marketing dollars to start your real estate business. You also need to have a long-term vision for this company and at least give it at least a good 6-12 months to get it up and running. Otherwise your money (marketing budget) and time will be a waste.

I know, but most people don’t know that it takes at least some money initially to make money as a real estate investor. I don’t want to scare anyone, but let’s compare a real estate investment business to a restaurant / takeout business. I know this type of business very well because relatives of mine have restaurants / take-out so even though I never owned a restaurant, my relatives have taught me the inner workings of that business and what it takes to maintain it and be profitable.

First, a regular restaurant needs $ 30,000 in gross sales just to cover expenses each month. And this does not include the 15 hour days and six days a week, and the initial investment of $ 120K of down payment with a great credit for a bank to even loan you the money necessary to open it. You must also have years of knowledge and experience before investing your life savings to start a restaurant business. Then it usually takes 1-3 years for the profits to actually come in, therefore this is only if you can survive to stay in business that long. My father-in-law currently has a takeout and has over seventeen years of experience and tells me how fed up he is with the restaurant business. That is why you are also starting out as a real estate investor and asked me to invest some of your money in our rehab properties. He sees the enormous rewards and minimal risk that real estate entails compared to his restaurant business or other businesses he’s been in. And you are seriously considering selling your business to invest in real estate full time.

When you compare the risks of real estate investing versus investing in other avenues and / or business ventures, you may come to your own conclusion: real estate investing is the ‘best game’ in town, when it comes to generating great wealth, while achieving your American Dream of financial independence.

Real estate investing has cycles like any other business

The stock market has its cycles. We experienced it after the 9/11 tragedy. Just less than two years prior, we saw a spike in the stock market with high-tech stocks skyrocketing and enriching the role of stock market investors. The stock market has its ‘ups and downs’ and its ‘downs’.

Modern real estate thrives by doing things smarter, wiser, strategically, not harder, longer, with profitable results. At the end of the day, the key to success is to focus on being a “great entrepreneur.” I asked an experienced investor (he owned about a quarter of Blacksburg, Virginia) what his specialty was in real estate investing and his answer was not that he was good at leasing, wholesaling, short selling, REO, rehab, promissory notes, residential, land development, or commercial real estate. But he said he was an “expert in making money.” We both laughed at that, but I’ll never forget that conversation. You need to know the market and the technical factors involved in a deal, but your main duty when investing is always to make money. So, at the end of the day, your job is to make money in both “bull” and “bear” markets. And if you focus on being a ‘great entrepreneur’, you can make money with many techniques, strategies and skill sets to be successful in any market.