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Updated over 11 years ago on . Most recent reply

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Seth Williams
  • Specialist
  • Grand Rapids, MI
352
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What Are The Most Valuable & Important Activities Of A Successful Investor?

Seth Williams
  • Specialist
  • Grand Rapids, MI
Posted

I think any experienced investor can agree - there is a seemingly infinite number of things that can distract us from making money in real estate. The kicker is - these things almost always seem to be parading around as "valuable activities" (when they're actually the complete opposite).

For example:

  • Building up a following on Facebook or Twitter
  • Spending thousands of dollars on a company logo, business card, letter head & a pretty website
  • Buying books and courses on how to improve your business
  • Spending hours at networking events that don't lead to any tangible results, etc.

These things may have value on some level - but there isn't a direct correlation to the money we make. These things may belong somewhere on our "To Do" list, but not at the top.

At the end of the day, I think there is actually a pretty short list of things that we NEED to be spending our time on (aka - these are the things that actually make money).

Given this, I thought I'd post this question to the BP crowd:

If you only had 5 hours per week to work on your real estate business - what would you say are the most important task(s) that you should be spending these precious few hours doing?

Most Popular Reply

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Will Barnard
  • Developer
  • Santa Clarita, CA
10,947
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Will Barnard
  • Developer
  • Santa Clarita, CA
ModeratorReplied

1. making offers and locating deals.

2. Finding funding for your deals

3. building systems for your business to make you more productive and profitable.

4. Managing your team and adding/subtracting to/from it.

5. Continuing your education.

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