Do you have what it takes?

[Mike W.]

Do you have what it takes to make your first deal happen?

What kind of deal are you hoping to do?

If you are wanting to wholesale or birddog for an investor, are you willing to contact all the investors you can find to know what kind of investments they like and what they currently have available? Are you willing to create a database of people and organize it so that when a property comes across you can target the people who buy the type of proeprty you found? Are you willing to talk to a lot of people you don't know and sound like an idiot until you start getting the lingo and understand more about the business?

If you are wanting to buy a place and rent it out, do you know how to calculate whether or not the property will create a positive cash flow? Do you have money for the down payment available to you? Are you prepared to make the payment if the property goes vacant for a couple months?

If you are working with a coach or realtor/investor, are you sure that your best interest is being served by the information you get from them? Do they make any promises or suggestions for a time frame for you to become wealthy? How do they know this?

If you have spent thousands on REI courses and bootcamps but have not done a deal yet, are you willing to take action? If you have gone into debt to buy the courses, are you willing to payoff your debt and lower your monthly obligations to become in a better position to be an investor?

If you want to do creative REI, are you willing to do the hard things that are uncomfortable for many people to do, namely force yourself to meet a lot of people, take a lot of phone calls and make a lot of phone calls to folks you don't know at all or very well?

If you don't have what it takes, don't worry, you are not alone. You can make what it takes a little at a time. If you first start with one property with the goal of just a little cash flow, over time you will gain the real experiance you need to gain confidence to have what it takes to do more deals.

The biggest thing my momma always told me all through my growing up was:
"Don't skip steps"

You will achieve your goals and aspirations if you have a plan that doesn't skip steps. Many who skip steps find fleeting happiness and success, but those that move slowly and deliberatly always have firm ground to hold onto.