by Ken Corsini
Mark Twain once wrote: “Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Catch the trade winds in your sails. Explore. Dream. Discover.”
As 2014 comes to a close and you reflect on the year, how do your successes stack up against the goals you set at the beginning of the year? I remember years ago reading articles, forums and blogs about real estate investing… I was energized by the new information I was taking in, but coudn’t bring myself to take action. It was years of thinking about real estate investing before I actually took the plunge and started my investing business.
I wonder how many of you have filled your minds with endless articles, strategies and advice about real estate investing, but have yet to do anything with it. Some of you have likely purchased expensive home study courses promising to unlock the secrets of wealth, but haven’t implemented the program yet. While there is nothing wrong with educating yourself, at some point you simply have to take action.
I would venture to say that for most of the reasons you’ve told yourself you can’t get started, there is a good response as to why you can.
3 Reasons Investors Don’t Take Action
I Don’t Have Enough Money
While there are varying degrees of what somebody might consider “enough money,” even somebody with a few thousand dollars can implement any number of strategies to make money as a real estate investor. Here are just a few of the strategies I would suggest looking into:
- Using the seller to finance your purchase
- Using the seller to provide you with a lease purchase
- Using a private lender (or partner) to help you acquire a property with little or no money down
I Don’t Have ANY Money
Many investors start out with almost no money to invest. This should definitely not be an excuse to remain on the sidelines. There are tons of good articles on wholesaling.
Even if you don’t have the money to send postcards or flyers, you can always begin building a buyers list. Simply meeting other wholesalers and investors can be a path to a referral fee — that may eventually turn into a wholesaling business, and that may eventually turn into a flipping business. The point is, you don’t need capital to get into the game.
I Live in a Difficult Market
I would probably tell you that there ARE good buys in your market; you just don’t know how to find them. Or if your market is too expensive, find a market in another state that fits more comfortably in your desired price point. I’ve met a number of investors and wholesalers over the years who live in other markets, but still somehow find a way to wholesale and flip properties in my market. We live in an information age that has truly torn down geographical barriers. Don’t let a difficult market keep you from your dream of investing in real estate.
As 2015 approaches, what kinds of goals will you set? Will you continue to let your dream of investing in real estate slip away — or will you do as Mark Twain wrote: “Throw off the bowlines. Catch the trade winds in your sails. Explore. Dream. Discover.”?
Leave a comment below, and let’s talk!
Interested in Finding out More? Reach out below
Address: 1415 Main St. #823, Grandview, MO 64030
Ireland Investments llc
This information is intended only for the use of the intended recipient(s) and it may be privileged and confidential. Please note that any views or opinions presented in this post are solely those of the author and do not necessarily represent those of the company. This is reposted information and is not original thought of Ireland Investments or anyone associated with the business.
Popular areas we service;
Kansas city Missouri, Overland Park Kansas, Kansas city Kansas, Olathe Kansas, Independence Missouri, Shawnee Kansas, Blue Springs Missouri, Lenexa Kansas, Leavenworth, Kansas, Leawood Kansas, Liberty Missouri, Raytown Missouri, Gladstone Missouri, Grandview Missouri, Belton Missouri, Prairie Village Kansas, Gardner Kansas, Raymore Missouri, Grain Valley Missouri, Ottawa, Kansas, Lansing Kansas, Excelsior Springs Missouri, Merriam Kansas, Harrisonville Missouri, Cameron Missouri, Mission Kansas, Kearney Missouri, Smithville Missouri, Pleasant Hill Missouri, Oak Grove Missouri, Bonner Springs Kansas, Roeland Park Kansas, Parkville Missouri, De Soto Kansas, Richmond Missouri, Greenwood Missouri, Paola Kansas, Basehor Kansas, Tonganoxie Kansas, Odessa Missouri, Peculiar Missouri, Platte City, Missouri, Higginsville Missouri, Lexington Missouri, Edwardsville Kansas, North Kansas City Missouri, Osawatomie Kansas, Louisburg Kansas, Fairway Kansas, Mission Hills Kansas, Sugar Creek Missouri, Riverside Missouri, Buckner Missouri, Pleasant Valley Missouri, Lawson Missouri, Plattsburg Missouri, Lake Lotawana Missouri, Weatherby Lake Missouri, Wellsville Kansas, Edgerton Kansas, Westwood Kansas, Garden City Missouri, Gower Missouri, Claycomo Missouri, Lone Jack Missouri, Drexel Missouri, Lake Tapawingo Missouri, Glenaire Missouri, Dearborn Missouri, Avondale Missouri, Osborn Missouri, Sibley Missouri, Oaks Missouri, Unity Village Missouri, Levasy Missouri, Randolf Missouri, River Bend Missouri, Jackson County Missouri, Johnson County Kansas, Clay County Missouri, Wyandotte County Kansas, Cass County Missouri, Platte County Missouri, Leavenworth County Kansas, Miami county Kansas, Lafayette County Missouri, Ray County Missouri, Clinton County Missouri, Bates County Missouri, Linn County Kansas, Caldwell County Missouri, Crossroads Real estate, 18th and vine Real estate, Hospital Hill real estate, library district real estate, longfellow real estate, dutch hill real estate, quality hill real estate, river market real estate union hill real estate, Greater downtown KCMO real estate, East Side KCMO real estate, Midtown KCMO real estate, Westport Real estate, Hyde Park real estate, Northeast KCMO real estate, Northland real estate, Plaza Real estate, South Kansas City Real estate, Fairway Kansas real estate, Kansas city Kansas real estate, Lake Quivira Kansas real estate, Lenexa Kansas real estate, Mission hills Kansas real estate, overland park Kansas real estate, prairie village Kansas real estate, Shawnee Kansas real estate, weatherby lake Missouri real estate, westwood Kansas real estate
Leave a Reply