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Updated over 7 years ago on . Most recent reply
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What's Stopping You From Investing In Multifamily Properties?
I have posed this question to help me serve my students better. I know most answers will focus around lack of money, but I think the answer is more complex. My three biggest reasons for taking action: FEAR, family members dissuading me, and failing at first.
I want to know what is stopping you from jumping into Multifamily Properties!
Thanks everyone!
Gino
Most Popular Reply
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@Gino Barbaro I believe that too many people don't develop right mindset... our brain and the way we think is what controls everything in our lives (what you think you become)...what also plays a huge role in becoming successful is who we choose to surround ourselves with....this is a choice. (you are the average of the 5 people you hang around the most) think about it. Whoever says otherwise is lying to themselves. What we choose to do with our time, is also very important. We all have the same 24 hours in a day. It's up to each person to use this time wisely... I have been realizing this more and more... so now I rarely watch TV...go to clubs and bars that whole nonsense waste of time. I spend my time on real estate taking the first actionable steps by reading books, blogs, watching youtube videos, listening to podcasts to educate myself, which builds confidence and the vocabulary to be able to have conversations with other investors who are already successful, think out side of the box, create opportunities, make deals and know what I'm doing and talking about...this is a key part of your arsenal, and the more weapons you have at your disposal the better off you will be. (this includes how you build yourself up personally and the network of people you take care of and appreciate) Getting rid of limiting beliefs can be difficult (I'm trying everyday) because we become so accustomed to it... I'm not saying we have to be perfect, we as humans are flawed, but we also have to strive to be the best version of ourselves to allow for the right people and opportunities to come into our lives....So we open up ourselves and have a free flowing energy that lets the universe give us all that we want and be able to manifest and become the person we always knew we could be. This all starts and end with you, work on yourself. I've only been learning about real estate investing for about 2 weeks now. Figuring out my niche, which seems to have gravitated towards apartment complexes, there's just so many benefits and endless possibilities. I really get excited learning more and more...when I wake up in the morning, it is different now... there's a shift...and I know that nothing can stop me, I am unstoppable...I know it won't be always rainbows and butterflies, honestly life's a real B... at times...trust me, I've been knocked down over and over again, as I'm sure you have too...but it's still up to me and it's completely up to you to make it happen! With that said... when I'm ready I will be locked, I will be loaded and I will pull that trigger! 😊
FYI: when I say "you" I mean other new BP members like myself