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Updated about 1 year ago on . Most recent reply
Any Thoughts On Joining Renatus?
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Originally posted by @Dawn Oree:
Real Estate is actually incredibly simple at it's core. Nothing is secret, tricky or special. Where most people run into trouble is execution. They give up when they don't immediately see results. You have to stick it out & put up with the setbacks. Another thing I see is many of the investors who try to make a go at it are drastically under capitalized. To be successful at real estate investing you need a large amount of income coming in NOW so you can live off of it & invest the excess. Spending $20k on a course isn't going to fix any of those problems.
Too many look at this business as a way to quit their jobs. It's not a way to quit your job. If you are looking into real estate investing because you want to quit your job or you don't have enough money right now you are in this for the wrong reasons. If you are investing it's a way to provide yourself a better retirement. If you are looking to run an active real estate business, then yes you can quit your job & do that. But that's very different then investing.
Myself have a decent amount of rentals & work about 80 hours per week running my businesses. I will be the 1st one to tell you I am not living off of the money I make from the cash flow on my personal rental portfolio (200+ rentals) I am living off of the money that is generated from the $50M+ in annual volume of our Sales, Property Management, Insurance, Title & Digital Media businesses.