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Updated about 16 years ago on .

User Stats

368
Posts
42
Votes
Douglas Christian
  • Real Estate Investor
  • Charlotte, NC
42
Votes |
368
Posts

How do I prosper in a Down Economy

Douglas Christian
  • Real Estate Investor
  • Charlotte, NC
Posted

There are many ways to PROSPER in a down economy. For NEWBIES you and only you can overcome the FEARS that you have whether they be CASH, CREDIT, or BOTH it does not matter. I have been reading many blogs, websites, emails and at the END OF THE DAY. Ask yourself the number one question, what am I doing or what have I done to make my situation better. Did I network with someone who can help me? Did I find someone at my locat REIA to TRULY mentor me.

See once you have done all that you can do, then you know that there is nothing else to do. I hear everyone talking about now is the time to buy there has not been a time better than this in over 40 yrs. Well, if this is true, WHY ARE NOT MORE BUYERS, BUYING. See I want many of you to taste some of the SUCCESS that I have enjoyed and I know many of you here will only becom GOOD BLOGGERS, but that is okay to. Choose your poison carefully.

There is no excuse, but to look in the mirror and say that I can do better. Here is why I say that because for each and everyone who does not own and property and has the ANALYSIS, PARALYSIS sysdrome it is time to shake that and TAKE ACTION.

For all of you who have a full time job, you do not even know when that job is going to in and yet each and every morning you get up and go to work thinking that you have a JOB. What if you went to work like the people at SUNSHINE MORTGAGE in Atlanta did and then you get there and find that you know longer have employement. WHAT WOULD YOU DO. Oh I know what you would do. Go file unemployment or even better get on the internet and use your RESUME and your DEGREE and try and compete with 1000's of others for that one joe.

Well every morning that I am allowed by GOD to wake up I thank him and then I plan my day as if there were no plannning involved. Because see I learned many years ago in order to live the life that everyone wants, but few are willing to sacrifice for you have to be different.

This is why for all of you who are having problems going to places like Dayton, Detroit, Cleveland, Indiana, Wisconsin a other depressed economys for whatever the reason tell me if you are not going to those places where are you going? Oh I know you are going to places like Miami, Las Vegas, Phoenix, Cali, Seattle and other high rent districts and JEOPARDIZING what real estate investing is all about. Most of those places you can not even conceive CASH FLOW, but I guess what you can conceive is living on APPRECIATION. This is what you consider to be INVESTING because your data and facts show you that the area is going to be stable and jobs are going to be there. Well tell me how your computer data can PROMISE you those pipe dreams, when companies are closing there doors left and right.

If this BLOG sounds rough and tough, I hope and pray that it will HELP someone. People will loose 1000's in the Stock Market, 401's and 2's, threes and fours and never think twice about it, but when it comes to buying that little junker for 10k and putting 5k or 10k into it they have a problem. Interesting, but we will go and blow money that we don't have on things we don't need and then complain about the economy and everything therein.

ONLY IN AMERICA.

For all of the sideline players that say they are ready then the time is right for you. Stop worrying about what TOM, DICK OR HARRY is doing, because when it comes down to paying your bills if who can you depend on.

See I can depend on those little junkers in areas that no one else wants to go because it is to GRIMY or the area does not look like where you LIVE. If you are looking to prosper in Real Estate you can read and make all the GURU's wealthy and go to all the mtgs and buy all the tapes and books that you want, but I challenge you to STEP OUT AND STEP UP and purchase that junker and use is has a FLOOR PLAN to SUCCESS and you will not be sorry.

Each person that has talked about a down economy. What does that REALLY MEAN. The whole country is down right now so what do you do.

If you do what you have always done, you will get what you have always gotten. Be smarter and step out and let me hear more about those that have bought something instead of fighting with someone because you did not like there material.

SUCCESS BREEDS SUCCESS :lol: