You may not understand all of the discussions in this course or find them all relevant. That's OK. As you gain knowledge and experience, more and more pieces will begin to fit together. Again, you don't have to wait nor should you wait to become an expert, make your plans to buy your first home or your first income property. Get to work.
The real estate investing business is a perfect part-time business because real estate is a people business. The people are the sellers, agents, tenants, contractors, lawyers and others you make a part of your success program. If you can deal with people and understand their motivations, you can succeed. You can become financially independent and gain status in your community because you will be providing a valuable commodity: quality housing. To succeed in this people business, you must follow the Action Principles® philosophy built upon a commitment to self-improvement and service.
Self-improvement refers to a continual pursuit of knowledge. How does the local real estate investment market work? How can I use this knowledge to work for me? As you commit to self-improvement, that will include your real estate education. You will read books. You will look at properties. You will make and win and lose offers. You will buy and sell. You will talk with agents and owners and architects and bankers and other investors. You will learn more and more.
Wednesday, April 22, 2009
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