Taking Action - What's your excuse?

[Zach Harsin]

After hearing that my 90-year-old grandfather, who now relies on a motor scooter most days to get around, just returned from a trip to obtain continuing education in order to his civil engineering license active, I realized how silly the excuses we create for ourselves truly are...

If he still has that kind of fire at 90, how much should I have today in my 20's! His drive to stay active, his mind sharp and keep his license just-in-case a neighbor down the hall at his retirement home ever wants to invest in a new housing development! :) 

It begs the question, what's your excuse for not taking action today? Too tired? Too busy? Or just too lazy and worried you might fail? 

I know for a fact my grandfather failed along the way, but that didn't stop his former firm from being responsible for 65% of the new housing developments in his city during a housing boom in 1960's or lead him to hang up his hat and call it quits 30 years ago like others his age.

Take action, you may fail, but you failed forward and you're now ready to get back up and take more massive action. (You should read The 10X Rule if you haven't).

And maybe one day you'll be the retired real estate investor at a retirement home who has a killer development deal for the 90-year-old civil engineer who never quit taking action either.

[Ned Carey]

My theory when it comes to new investors in real estate is what holds them back is lack of knowledge of the market. They just don't know what properties are worth. 

Yes they know plenty about the strategies, they  may even know the formulas to evaluate a deal. but they just haven't gotten out into the marketplace to learn first hand what a good deal looks like. It is too easy to sit behind a computer on BP and learn more strategies.  Going out and looking at properties is work.