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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: Commercial Real Estate Is Getting Too Cheap to Ignore The Wall Street Journal A snapshot of how the local commercial real estate market performed in October Baton Rouge Business Report Cleveland will be 'hot' real estate market in 2026, report says Crain's Cleveland Business Realty Income Announces $800 Million Preferred Equity Investment in CityCenter Las Vegas Real Estate Assets Realty Income Retailers Are Snatching Up Real Estate Again The Wall Street Journal Real Estate Company Edison Equity Launches New Active Adult Brand Senior Housing News Silicon Valley real estate development sinks to lowest level in more than a decade Local News Matters Underutilized Federal Real Estate: A Road Map Urban Land Magazine 'I'm Not Bullish On Real Estate & BTC, I'm Committed': Grant Cardone Emblazons Bitcoin Logo On His Private Jet Yahoo Finance How the real estate market is like an elephant Peekskill Herald Indicted Sonoma real estate mogul Ken Mattson is living in a $6 million house. His creditors want him evicted. The Press Democrat Largest residential real estate deal closes on Sea Island The Brunswick News Deep discounts are tempting commercial real estate investors Baton Rouge Business Report Three Sixty Real Estate unveils new brand identity Opelika Observer Big sales, ‘continued confidence’ mark Q3 commercial real estate report The Grand Junction Daily Sentinel Real Estate Transactions | Nov. 17-21, 2025 Republic-Times Scholastic Unlocks Significant Value Through Sale-Leasebacks of Owned Real Estate Assets PR Newswire Practical tax strategies for marketers investing in real estate: how cost segregation boosts ROI ContentGrip GRESB: Social impact matters in residential real estate Private Equity Real Estate | PERE Disposal of 9 real estate assets in Belgium GlobeNewswire New leaders at TTR Sotheby’s; IRE appoints SVP of growth RealEstateNews.com Cuts reduce Luzerne County’s proposed 2026 real estate tax increase from 1.9% to 1.5% - Times Leader Why eXp is opting for ‘consumer choice’ over ancillary revenue RealEstateNews.com Could red hot Texas real estate market cool down? FOX 26 Houston Sitzer/Burnett appeals case nears final judgment RealEstateNews.com Local real estate developer wins seat on the Idaho Falls City Council after runoff election East Idaho News Jobs, jobs, jobs at Emmer Real Estate Group – Inside Sales Agent Washington County Insider Michigan Based Real Estate Mogul Doval Bacall unlocks GlobeNewswire AI Transcription + Big Data: Creating a Smarter Learning Pipeline for Real-Estate Analytics The Singju Post Texas Senate Bill 17: Implications for Real Property and Commercial Leasing Transactions The National Law Review Real Estate Property Sales filed Nov. 17-21, 2025 Fauquier Times News | Rockefeller, MBK Real Estate start construction on new logistics park in Central Pennsylvania CoStar Where Does Jimmy Kimmel Live? Exploring His Real Estate Portfolio, Including a Property You Can Stay At Architectural Digest Job appraisal: Real estate workers are happier than ever The Boston Globe Israeli Real Estate Firm Denies Canceling New York Event Due to Anti-Zionist Group’s ‘Stolen Land’ Protest Algemeiner.com Over 70,000 real estate tax bills issued by city of Richmond WRIC ABC 8News Emerging Developers Conference advances sustainable and equitable real estate investment USGBC | U.S. Green Building Council Why did Zillow remove climate data from its home listings? RealEstateNews.com Real Estate Investor Lists $40M Wyoming Ranch With Trout Fishing, Guest Cottage, And A Heated Garage Yahoo Bloomington RDC puts off resolution on donating real estate land for host hotel The B Square Bulletin Better Living Real Estate rises to top of best small companies list The Boston Globe CRE veteran shares secrets to getting more commercial real estate deals closed Mortgage Professional America Mid-America Real Estate Corporation closes sale of 121,184-square-foot shopping center in Southgate REJournals Real Estate Lowenstein Sandler LLP Where to Buy Luxury Real Estate in 2026 Elite Traveler Dual licensing is on the rise. Is it the right move for your business? Inman Real Estate News Diaspora fear is holding back Israel’s real estate The Jerusalem Post Mahoning County Real Estate Sales: $200K+, December 2025 Business Journal Daily Children’s Publisher Scholastic Corporation Sells Real Estate Assets Weekly Real Estate News |
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