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Real Estate Information |
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Stay Motivated With REI Till The Deal Comes
I know many investors step into the game of real estate investing with high hopes of landing the deal that will turn their financial situation around and yes some do and this is not for you - this is for the investors still looking for that first deal! The best way starting out in this business, staying motivated and sticking to real estate investing has to do with one big factor! Keep your JOB - Yes you may be "Just Over Broke" but real estate investing comes with no guarantees of doing a deal in 30, 90, or 120 days as a matter of fact deals come and they go. real estate investing has its good times and it's bad times! You need a source of income and without it the likely hood of failure will soon follow! Having a stable income is the number one goal to having financial well being and your mental and emotional well being also. How to stay motivated in this game of real estate investing until you succeed can be a process but in the end the benefits of a successful real estate business outweigh the time from beginning to success. So number one on my list to staying motivated is to have a stable income - you can do real estate investing part-time! We all have many demands placed on us from society, family, friends, work and our self that it can become vary confusing on the issue of priorities. With this said your number two goal to staying motivated is to get yourself organized in business and in your personal life as this helps in keeping control. Without organization, you will loose your sense of motivation and procrastination will set in to help you down the road of failure. It's all about balance. Balance in your life, balance in your job and balance with your real estate business and yes this is a challenge and the best way to get balance is cut out the clutter in life. Those wasted hours we all have in our daily life such as watching TV. Starting out in this game you will need to budget effetely and the best way to do this look for area's that you can cut expenses so that you can put the extra funds into your business. Great areas to cut are eating out, cable TV, dropping extra telephone features such as caller ID & call waiting. Look at it this way! According to the Bureau of Labor and Statistics, American households in 2003 spent an average of $3,129 on food at home and $2,211 on eating out. This amounts to $260.75, just cutting down and spend $100 a month eating out you would save $160.75 per month. The national average monthly cost of cable TV service and equipment in 2002 was $40.11 and the average for expanded basic service was $22.02 so cut back to expanded basic and save $18.09. Just with a cut back on the two items listed about you would save $189.77 per month or 2,227.24 per year for your business. It's not a home run but it can get you started. The average pre-foreclosure in the Midwest is only behind $2,700 so you save up for a year and learn how to do subject 2 investing you can acquire a property around a value of $160,000. By taking the simplest steps in life of stabilizing your current income, organization and budgeting in just a short time you can turn real estate investing into a reality. Therefore, my fellow investors decide what and how you want your life to be! Make a promise to yourself to achieve what you want real estate investing to do for you and concentrate on what's most important to you. Spend less and enjoy the simple things in life that do not cost and let real estate investing take you to the level of success you are seeking. This is just the beginning step of staying motivated as a real estate investor. Author of Getting Started in Real Estate Investing http://jmichaelrei.com/html/getting_started_.html "You will never do anything in this world without courage. It is the greatest quality of the mind next to honor." By Aristotle, Greek Philosopher John Michael
MORE RESOURCES: Dave Ramsey Rips Into 'Passive Income' Real Estate Hype: Says Landlords Are Being Sold TikTok Dreams Yahoo Finance Exclusive: Feds investigate man at center of Houston real estate bankruptcy case - Houston Chronicle How small brokerages — and a free market — could collapse Real Estate News by RealEstateNews.com University of Northern Iowa to open finance and real estate analytics lab for business Iowa Capital Dispatch NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND ANNOUNCES DECLARATION OF REGULAR MONTHLY DISTRIBUTION PR Newswire Florida SBA commits $1.57bn to real estate in Q2 Private Equity Real Estate | PERE Leaders in Construction & Real Estate and Top Projects honorees announced Rochester Business Journal A New Perspective: Bon Voyage | Real Estate Insights Piedmont Exedra Dawson County weekly real estate transactions, Aug. 29 Central Nebraska Today Commercial Real Estate Roundup for Aug. 29, 2025 Idaho Business Review Real Estate Update: Buyer-Seller Impasse Keeps Home Prices From Falling Huntsville Business Journal In DC: Drama at the Fed as official fired by Trump sues to stay Real Estate News by RealEstateNews.com The Pipeline: Commercial real estate roundup for 8.29.25 Richmond BizSense Mississippi PERS commits $75m to real estate Private Equity Real Estate | PERE Real estate agents, insurance agents, mortgage brokers gather to network, discuss industry Houma Today EG Real Estate: 5 New Listings & 4 Sold East Greenwich News Welcome to Real Estate Friday! The Berkshire Edge Colorado Fire & Police commits $95 million to real estate debt, buyout funds Pensions & Investments Real estate news: Investor Manny Khoshbin buys Orange office campus for $19 million Orange County Register News | French Prime Minister's call for vote of confidence creates real estate market uncertainty CoStar News of public record: Muskingum County real estate transfers Zanesville Times Recorder North Carolina Retirement commits $500m to US real estate funds IPE Real Assets Real estate sales in Jefferson, Bullitt and Oldham counties for Feb. 10-16, 2025 The Courier-Journal Fond du Lac County property sold for $560K in real estate transfers for Aug. 18-22 - fdlreporter.com Painting stolen by Nazis during WWII believed discovered in Argentine real estate listing - ABC News Check out the Smith Mountain Lake Life/Real Estate Showcase September digital edition! Smith Mountain Eagle Enjoy free access to wacotrib.com, courtesy of Versatile Real Estate Company Waco Tribune-Herald 3 real estate myths busted by Alabama experts Hville Blast LOCAL REAL ESTATE TODAY 8.29.25 KQEN News Radio Their beach home is a driveway The Seattle Times Kimberly Cameron steps down as executive director of N.C. A&T Real Estate Foundation The Business Journals Progressive Real Estate Arranges $1.8M Sale of Retail Property in Southern California REBusinessOnline Argentine police seek valuable portrait believed looted by Nazis and just spotted in real estate ad CBS News Cash Buyers Drive Naples Real Estate Sales Momentum Upward Gulfshore Business Mortgage Rates Predictions for the Latter Half of 2025 by Norada Real Estate Norada Real Estate Investments Table of Experts — Where Orlando commercial real estate is headed: Capital flows, costs and new development trends The Business Journals A Nazi-Looted Painting Was Missing for 85 Years—Until Someone Saw It in a Real-Estate Listing Popular Mechanics Hammes Partners Raises $445M for Health-Care Real Estate Fund CommercialSearch Today’s Mortgage Rates – August 29, 2025: 30-Year FRM Goes Down by 11 Basis Points Norada Real Estate Investments Micah Parsons Leaves Dallas Football, But His First Big Real Estate Play Still Stands Out CandysDirt.com Contractor Claims Real Estate Company, MassDOT Haven't Fully Paid for Fenway Project, Lawsuit Says Law.com News of public record: Coshocton County real estate transfers Coshocton Tribune 5 Years On, China’s Property Crisis Has No End in Sight The New York Times Realtors reveal secrets of staging that makes buyers fall in love with D.C.-area luxury homes The Business Journals Real estate giant Grant Cardone is selling his Miami mansion with 7 bedrooms for 400 Bitcoin TheStreet Andrea Jara; from airplane meals to $1 million homes IslanderNews.com Commercial real estate listings: Wingstop leases space in Short Pump Richmond Times-Dispatch REAL ESTATE | New Mister Car Wash proposed for West Bend, Wi Washington County Insider Solano Real Estate Transactions: Aug. 29, 2025 Daily Republic What's the most expensive property sold in Rhode Island? Aug. 30 real estate transactions The Providence Journal U.S. Treasury Warns of Chinese Money Laundering Networks Fueling Cartels, Fraud, and Real Estate Deals The Maine Wire |
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