Stop putting things off. The time to buy real estate is “now”!!
Sure there’s always some excuse why now is not the right time to buy. And there are a lot of so called experts who tell you this.
The best time to buy real estate is now.
It’s cyclical … but I can always make money with real estate … no matter what the market. I have so many exit strategies … and as long as your property has a positive cash flow from the start … you will never be stuck … if you do things right.
I know a lot of people who are trying to become a Real Estate Investor because they are sick and tired of the stock market. They have read a few books, attended a lot of courses and probably have more education than most people on the subject … but they still haven’t taken the plunge. They haven’t taken that big step from “educated person” to “Real Estate Investor”.
People are afraid of taking that big step … the purchase.
They are worried they are going to make mistakes. They are worried about their financial commitment and the possibility of owning a property that may be vacant. They have heard all the horror stories about property ownership and bad tenants and everything that could go wrong.
But, what if everything works out? There is a high probability that everything will work out. You were interested in Real Estate Investing because you heard what a great investment it was … and because your stock investments suck. You heard how so many other people have made lots of money and how they are now able to earn a living from Real Estate Investing.
So what are some of the ways you can reduce your risks when getting into real estate investing?
- Find a local real estate investing group – Most larger cities have a real estate investing group where a bunch of real estate investors or want-to-be real estate investors get together once month and share information and experiences … the good and the bad … about real estate investing.
- Find a mentor – Find someone who may be interested in helping you out. Figure out what you can bring to this person in exchange for them helping you out. In fact, you can actually hire a mentor. The good ones will guarantee your success and offer a money back guarantee.
- Joint venture – You can always partner with someone on your first deal. Someone who is experienced and can show you the “ropes”. Or maybe you’re just so busy that you want to partner with an experienced person on all your deals. I have a lot of busy friends that I work with to put their money into real estate … and we share in the profits.
So don’t second guess yourself. Don’t be stupid about it either. You know it works. You have the education you need. Now all you have to do is put the information to good use and take action.
You will only regret the chances that you don’t take.
And by the way, you are going to make mistakes. The highest form of education is that which is learned through experience. And the more mistakes you make the more experienced you become and the more money you will make.
Get off your butt and buy some Real Estate?
It’s time for you to take the next step.