How did you determine your WHY (& what is it)?

Question

Hi everyone, I'm very carefully hashing and re-hashing the reasons that I'm continually drawn to invest in real estate. I have always been interested in it, and in some ways I am motivated by my desire to have many more options than I have right now. Also, some years ago, my mother fell seriously ill and it helped that my new job advanced me 3 months of medical leave so that I could be with her. But I want to be able to live without that job (grateful as I am to have it), and I want to be able to live in such a way that emergencies like that aren't a financial burden. So that's another one of my whys.

I recently read that your "why should make you cry." That helped me clarify some things for myself. But I'm wondering how some of you might have determined exactly what your why is. (And, if you would like to share what it is, I'd love to read about it as well.) Thanks.

I recently read that your "why should make you cry."  That helped me clarify some things for myself.  But I'm wondering how some of you might have determined exactly what your why is.  (And, if you would like to share what it is, I'd love to read about it as well.)  Thanks.

WEN HAN · Answer

My : WHY is FIGHTING my OWN FEAR My biggest fear : fear of abandonment and fear of water 1.by doing ROI I can rebuild 100 times that "home" that fell apart in my childhood. ( I do CUTE Vacational rentals). I get to make a house someone's HOME for a bit, and that HOME is full of joy:) 2. not too many things scares this chick other than LARGE BODIES of WATER<><><> Our final goal is to set up a financially free life style on a sailing catamaran:) Fukkkkk U FEAR. Just writing this makes me smile:D

Jennifer Lee · Answer

That's a great post. I was thinking about my why today. I just really like real estate investment.  I can honestly say I have passion for it.

I like that can bring us financial freedom. I feel I was put on this earth to do this, real estate thing, so it gives me a sense of purpose.

BUT I also like that I HELP people with real estate. I don't choose it, but my clients all are distressed in one way or another. I like the challenge to help them, and I love learning new things along the way.

Michele V. · Answer

hahaaa! I love that, Wen!. I once heard a pastor preach about the fact that the scarecrow is placed where the harvest is located, and only the old or more experienced crows know that they are to look for the scarecrow and head TOWARDS it and not away from it to get their dinner.

A lot of very successful people use their fear as a fuel (the same way they use a refusal, a rejection or a failure like a vitamin). Once they perceive a fear, they attack it. In his book about the 10x Rule, Grant Cardone says that he starves fear of time by doing the thing he is most afraid of as quickly or as aggressively as possible. I like that.

I must say I'm not a fan of fear and I don't like living under the torment of it at all. I'm frequently coming against it. But there's definitely a part of me that wonders whether I'm supposed to be doing a particular thing simply because I'm NOT feeling any apprehension about doing it at all.

That said, fear is not a primary motivator for me, although I do see how it can be leveraged for our good.

I like how you are turning your fear (and perhaps some childhood trauma) on its head to make your life into something it never would have been had you not experienced those things (as terrible as they must have been). Thanks for the great post.

Thomas S. · Answer

Replacing your job should be at the bottom of your list for why. Real estate investing is normally a very long slow process for most and will not replace your job for a very long time.

Many choose real estate because it has the image of being fool proof, it is not as many investors do go bankrupt. It is high risk. If you can not risk losing everything do not invest.

I choose real estate because it is something you can work at as little or as much as you wish. I had no desire to quit my job as I had a high paying job that paid for everything I ever wanted. It was security and a pension.

I also enjoy the challenge, I was a labour contract negotiator, and applied it to real estate negotiations. I also enjoy managing tenants and I am a workaholic so in addition to rentals I also do flips in which I do all the work myself. Slow process, not high profits but very enjoyable.

Rosston Smith · Answer

I just want to quit my job And do backflips all day.

How did you determine your WHY (& what is it)?

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