Staying motivated in the RE business

[Account Closed]

I have seen so many people start and stop in the Real Estate business more times than I can count. I recognize that a lack of initial success is going to result in people petering out but what about the people who found some success but then slowed down? Is it because they are contented with the success they found? Or, is it that they are afraid to take it to the next level? I imagine that there is a blend of both, but which is more prevalent? I think there are a lot of people who just want to “be their own boss” and don’t recognize that they have done a little more than create themselves a job. There seems to be a contingent as well that found a moderate level of success and are quite smitten with themselves. These people are easy to recognize and are not my favorite to spend time with. What are your thoughts?

[Tanvir Sattar]

I've seen this go both ways Scott. My first job out of college in Corporate America I knew several colleagues who were content with making passive income. They never were going to leave the perks of their 9-5 that they've invested 20 plus years in. A handful of middle managers had 5-10 properties and used it as a way to diversify their assets. I did meet a client along the way who was a mortgage broker and now owns 50 plus properties. He no longer deals with the bureaucracy of his corporate job. What I have found is it all depends on the individuals end goal. The end goal will determine their growth in investment properties.