All Forum Posts by: Shaun Steckler

While at your JOB, do the honorable thing and don't work on your real estate business during those hours. You have plenty of time after 5 PM and on the weekends to build your business.

You don't want to get fired and lose that money you have coming in to pay your bills.

I believe that the main barrier to entry for each of us is right between our ears. How you talk to yourself, especially when the going gets tough will dictate how successful you are in the real estate investing business.

I welcome this downturn in the market.

Whenever something bad happens, there's always something good that comes along with it. It's all in how you see things and more importantly, how you respond to them.

Excellent post - good graphics too.

I'm in agreement with your train of thought here. Many of our external influences also affect how we set expectations, not only for our real estate business but for our lives.

In my opinion, a big reason for many beginners failing is directly related to how they feed their minds what kind of foundation they have in place.

If their house is not built on the sand, the winds and rain will crush it.

Never ever quit, no matter how hard it gets and impossible it seems. Success is a lot closer than you think. It's easy to be good when things in your business are good.

But when things go south or you find yourself in a pinch, many times you will want to take the easy way out - just remember this idea. Never, ever quit.

When you look a back on this time in your life, even if you struggled, you will be will be filled with satisfaction.

Never quit during the struggle - the struggle makes us all stronger if we allow it to.

My first question would be, why don't you have any money to invest?

If you don't have your personal finances in order, these effects will spill over into your investment business. Don't mean to be so direct, but you asked.

Get your house (no pun intended) in order first.

Start by waking up 1 hour earlier every morning. Take this time to think, plan and study.

Even if you have a job, you could easily squeeze 2 hours into this productive time slot, say from 5 AM to 7 AM.

Also, plan out everything you need to accomplish the night before. Keep a pen and pad next to your bed.

You never know when that next great idea will come calling.

Patience is a virtue - especially when it comes to the real estate investing business.

Nobody is concerned about your success. This is a fact.

Learning to develop patience when you have to wait will help curve the frustration that inevitably follows.

Be politely pushy with people. You can be very demanding of others when you are polite about it.

Smiling helps here too.

You are 100% responsible for everything in your business.

Calmness is power - remain calm and focused when the heat rises.

Do what you say you're going do (no matter what).

Outwork everybody around you and leave them in the dust.

A few thoughts here. First, why do you want to get into real estate investing? Is it just for the money?

Or do you want to build a real estate investing business. There is a very big difference.

The latter will get you through those tough times because you will be on purpose and working from your pre-determined plan.

Make sure you have the right reasons going into this business. Because real estate investing is not for the faint of heart.

If you want to become great, you have to want it badly. You have to be willing to pay the price. And there is a price to pay.

But trust me, it's worth it.

If you're a serious real estate investor and you plan on growing your property portfolio, I would recommend buying all of them.

By having positions in SFH's and multi's, you diversify your risks and also expand and develop your business knowledge and experience.

Make sure you buy right and always buy more.