Great quote from Buffet

[Lance H.]

I was just watching Buffet and Gates on CNBC and Mr. Buffet said something great that I felt I should share here since he is with out a doubt a great investor. Somebody asked him if his investments strategy has changed due to the recent economy and he said no and talked about the way he invests. Then he said,

"If you look at as many things (investments) as possible, you will find some bargains, then the key is you have to ACT."

He of course was speaking about businesses, but I think it is just as applicable in RE. I realize this has been stated here many times before, but I felt like everyone should know that it was also stated by one of the greats.

Lance

[Shaun Steckler]

I would agree.

When it comes to becoming a great real estate investor, the fundamentals don't change.

You have to develop a burning desire to win by helping as many people as possible along the way.

Looking at as many deals as possible is a good thing.

But having a system that helps you see them all is even better.

When an entrepreneur focuses on taking action, he is more concerned about developing a system that will do the work rather than doing the work himself.

Focus on taking action.

But focus more on building a great business system that will take the action "for you."