EDUCATE YOURSELF and EXECUTE!
When I first started Wholesaling Real Estate I did everything I could to educate myself. I remember I saw a fellow investor flipping a house right across the street from where I live. The funny thing is a couple of years later I got a hold of his book which taught me some of the ins and outs of wholesaling real estate. I didn’t stop there though! I began to attend real estate investment clubs and FREE seminars where I networked with many people doing the very same thing.
There’s no better way to become successful by surrounding yourself with people who are doing exactly what you want to do or doing better than you. Eventually it’s going to rub off on you. I have created many relationships with people that helped me get to the level of success I am at today. I suggest that you do the same, read every book that you can, find a mentor and pick his or her brain and model their success.
TAKE ACTION
“The path of Success is to Take Massive Action.” – Tony Robbins
Educating yourself is essential but there’s a time where you need to put the books down and actually get down to the nitty gritty. You’ll learn the most when you’re actually performing the tasks at hand and executing your plan. If I never took the chance to put myself out there and buy my first house I wouldn’t be writing this article today.
We all have fear and fear is what paralyzes us. We need to eliminate that fear and keep pushing forward and MAKE things happen. The stars will never align perfectly and the time will never be right. Real estate entrepreneurs are successful because they feel comfortable with being uncomfortable and they create opportunity instead of waiting for it to fall in their laps.
You need to do the same and take action instead of hoping and praying you will get a deal. Put yourself out there. Cruise for cash, put up bandit signs and send out direct mail to property owners. Go to these REIA meetings at least once a month in your marketplaces. Heck, go and knock on some property owner’s doors if you really want to be successful at overcoming fears. If you don’t overcome fear you’ll never make money in this business! I believe that overcoming 3 seconds of fear is well worth a check for $5,000+ dollars. Remember that your fears go away after you take action.
I”ll See you at the closing table,
Marcel Umphery the “R.E.I. Successmaker”