What’s it Really Like to be a Savvy Real Estate Investor?

When it comes to investing, you might have wondered once or twice about the possibilities. You might have also wondered what it takes to become successful and what it might be like once you attain that success. And these are perfectly natural things to think about!

Here is the  sense of what it’s really like—not the sugar-coated version everyone else gives you, but the very real aspects. 

You meet challenges head on

I’ve said it once and I’ll say it again: anyone can attain financial freedom. But there’s a caveat. I do have a story of overcoming the challenges and enjoying the rewards. And from my story, one also discovers how important it is to meet your challenges head on with your allies and partners. It’s a critical skill I’ve honed through the decades of real estate investment.

You’re always assessing and reviewing

Once upon a time, I carried my calculator with me everywhere. While we talk about why, I’ve gotten so good at running numbers in my head that I don’t even need that calculator anymore. I’ve developed the habit of regularly reviewing the data and the other information I like to collect during my research and home touring.

You’re regularly fielding investment questions

What’s the possible ramifications on real estate from a strengthening US dollar? Is the house next to mine really worth as much as they say it is? When should I upgrade my kitchen if I plan to sell my house in the next few years? These are just a few of the questions that you can ask yourself.

You learn to step back and take time for yourself

When you get a taste for success in investment, it’s hard to make it go away. And that’s because it’s an incredibly exciting profession. Still, as much as you enjoy it, you have to step back occasionally. This way, you can gain perspective and regroup for your next investment decision. Now, that doesn’t mean you have to do so every day, but I recommend doing what works for you.

Terry Records