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Porter's Five Forces Analysis
If you’ve ever listened to Warren Buffett talk about investing, you’ve heard him mention the idea of a company’s moat. The moat is a simple way of describing a company's competitive advantages. Company's with a strong competitive advantage...
Real Estate Investing
Real estate investments may not be everyone’s cup of tea, but some people who have already tried investing in real estate know that it can be profitable. Real estate investment experts say there are several keys to making significant profits in...
Real Estate Investing Spy Secrets
I bet your wasting a lot of time and money on your real estate
advertising that could be better utilized. What if I told you of
a way to know exactly how to spy to see what you're competitors
are doing so you can outshine them every day of the...
Students Investing In Their Future Need To Manage Their Finances Today
With the A-level results coming out, the long wait for UK school leavers hoping to go to university will soon be over. All the hard work that has been put into achieving the grades required will now pay off and the fun and freedom that is student...
The Wages of Science
In the United States, Congress approved, last month, increases in the 2003 budgets of both the National Institutes of Health and National Science Foundation. America is not alone in - vainly - trying to compensate for imploding capital markets...
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Real Estate Investing and Goal Setting
What is the primary reason for success most people have that
seems to elude unsuccessful people? Goal setting is the primary
reason for success. Lack of proper planning is the number one
reason for failure. Proper goal setting involves setting a
business plan in place for your life. Too many people this
doesn't sound fun or sounds tedious. In practice though, goal
setters have more time freedom, more money, and more success in
all areas of their lives than those who don't. Well it's no
different with real estate investing. Real Estate Investing must
be treated as a business and it requires planning that anyone
can do. Much like an airplane pilot who goes through a
pre-flight checklist, the real estate investor must go through
many steps for every real estate deal. You must market to find
the deal, do your research on the property to establish a value,
have your contracts ready, make your offer, schedule a closing,
have title work done, prepare your financing, get property
insurance, etc. The reason the doers make money is because so
many people aren't ready to make money. Real estate investing
seems like pie in the sky until you put your plan down on paper
and it starts to crystallize. The planning process itself should
give you renewed energy. Before I daily setup my plan I didn't
want to get out of bed each day, but now I get up ready to work
on knocking out my plan every day. Set your plan up into baby
steps that you can review
and knock out every single day. Your
daily plan must include marketing to get motivated sellers to
contact you. Regardless of the deals you have in the works, if
your marketing stops, you will go through long dry spells. Even
with consistent marketing you will have periods with few leads
and periods where you are just swamped with sellers offering you
great deals.
Constant daily review of your goals is critical. This is why so
many suggest taping your goals on your bathroom mirror so you
see it when you wake up and again before you go to bed. You can
even buy giant poster sized post it notes that you can write
your goals on and stick them on your wall. Reviewing your goals
before going to sleep at night causes your brain to dream about
your goals and program them into memory. So put your goals down
on paper and start putting your real estate investing plan into
action.
David Neese is a real estate investing author who offers a free
course for real estate investors delivered by email, audio and
Tele-seminar which you can get for free at:
http://www.FreeRealEstateInvestingCourses.com You can find more
information about David at http://www.DigitalSuccessCoach.com
Keywords: Real Estate investing, goals, motivation, planning,
goal setting,
Summary: Goal setting and planning are your number one priority
for achieving your real estate investing goals.
About the author:
None
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