What has Real Estate Investing Done for You?

[Danny Webber]

Below are 10 realistic things Real Estate Investing has done for me both good and bad!

1. Allowed me to spend much more time with my family (this is a big one for me)

2. Allowed me to travel/vacation anywhere from 45 days a year up to 7 months when desired

3. Made me 2nd/3rd guess all of my assumptions about determining ARV's

4. Helped me learn all facets of construction

5. Made me enough money that allows me to live the lifestyle I choose

6. Made me much better at bookkeeping (try going into a tax return unprepared after completing 30-50 transactions a year.....NO BUENO)

7. Made me distrustful of any contractors wanting money up front unless I've used them multiple times before

8. Made me realize that unless you start with a truck load of money, great credit, lots of income and decades of relative experience you will need to work your butt off to be successful as a RE Investor

9. Allowed me to acquire assets that will assist with my retirement if I ever choose to retire. The good news is that once you get good at this there is no reason you cannot do it forever.

10. Sharpened my analytical abilities and negotiating skills.

#11(freebie) It has helped bring me to a more comfortable and content point in my life (as long as I do not have multiple flips going on at one time.... LOL)

There are so many more..... What has REI done for you or what do you want it to do for you?