There is no better phrase out there than JUST DO IT! Once you have learned all you can network with investors in Billings and learned real estate investing strategies there is nothing left to do but get your feet wet. There is no better learning tool out there than doing a deal. Once you have completed that first deal you will know what to expect and find out that it is not as hard as you thought it would be. You will have learned what you did right and what was frustrating. Take that experience and ask yourself what would have made it run smoother. Apply that to your next deal. Then the next deal will be easier and it keeps getting easier as you go. I will say that every deal is different from the last but that is what makes this business fun. You have to be creative and always keep on learning and growing with your business.
The average person never uses what they learn. Don’t be average apply your knowledge. When going out and doing your first deal act like you have done thousands of deals. The fastest way to change a habit is to act like it is true.
Five keys to success:
1. Specialized Knowledge
2. Tools of a professional
3. Have the mindset of a winner
4. Mentors
5. Money and the knowledge of leveraging it (you don’t have to have millions to invest in real estate, there are many strategies out there to use other people’s money or no money at all)
This is going to conclude this article about getting started in real estate investing. I hope this gave you some ideas about how you can get started. I didn’t give you any strategies at this point but look for some in upcoming articles. These are simple steps you can use to get started. If you read this article thank you for listening.
The RECAP:
The Eight Tips are as follows
1. Desire
2. Goal Setting
3. Learning What To Do
4. Attending a Real Estate Investing Seminar
5. The Billings Montana Market
6. Finding a Mentor
7. Your Real Estate Team
8. Just Do IT
The sidenote one more time: