Tips For Launching Your Real Estate Investing Career

January 24, 2011 by Editor
Filed under Real Estate FAQ

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Home Page > Business > Tips For Launching Your Real Estate Investing Career

Tips For Launching Your Real Estate Investing Career

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Posted: Sep 21, 2010 |Comments: 0
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Anyone can become a great Real Estate Seattle investor. Desire is defined as longing or craving, as for something that brings satisfaction or enjoyment. I have learned a ton from him. You might find that there are a couple others that are keys to your business but this is just a list of a few. The third thing is that you cannot be afraid to fail. The reason behind this is because we feel more comfortable with the areas and know the areas better. Offer your services as a bird dog. Making it even more attractive for banks that are comfortable with SBA lending is the fact that banks can get 75% of their loans guaranteed, so SBA loans become even more attractive as a means to accomplish a building purchase. Believe me when I tell you all of the low priced seminars try to sell you something. Every time I get back from one all I want to do is going out and do a deal or ten. For you to change these bad habits you have to be totally committed and follow through with a detailed plan you set for yourself. Weather is be quitting smoking, spending too much on junk, drinking too much, working too much, not spending enough time with family, too much TV, not exercising and many more. Lacey also mentioned something very interesting when we interviewed her, she said “You can currently buy a home for less than the cost to build real estate Seattle with new construction, which goes to show what a significant discount in price that homes are being sold at”. In Real Estate Seattle investing if you don’t have a desire to learn and grow as a human being and really get satisfaction out of it, then Real Estate Seattle investing is going to be hard to do. You have to push yourself past your comfort zone. There is no better learning tool out there then doing a deal. For long term goals you don’t need to be as specific right now, but you should list them and under them list a few steps or smaller goals that need to be achieved before you are able to achieve them. Apply that to your next deal. Why is Real Estate Seattle investing an amazing avenue for anyone to live out all of their dreams? Let me ask you a few questions. Nothing is right or wrong but reflects the point of view of the author. Through new real estate loans, Americans can take advantage of these low rates and increase their buying power tremendously. There is an old saying buy in a bust and sell in a boom. There are different types of markets such as appreciating markets, flat markets, and deprecating markets. I didn’t give you any strategies at this point but look for some in upcoming articles. Think about what you want, spending time with family, traveling the world, the best cars, a castle, owning a small country, running for president, having the biggest Real Estate Seattle investing business in your area or in the country. You have to be creative and always keep on learning and growing with your business. There is also Preston Ely, Larry Goins, and hundreds of speakers out there. Another reason I recommend going to a seminar is because they get you pumped up and motivated. After you have your plans in place you should start listing several things you want to achieve or do in the next year. Second they get out there and network with anyone and everyone. Finally you should take all of this information you have a write on page on what you see your life being over the next year. Making it in Real Estate Seattle takes a person who has a strong desire to change their lives for the better and think big. Some of the best books that I would recommend reading are listed below. You should not look at other investors as competition but try and work with them. You do not want to be the person doing everything in your business. Desire stresses the strength of feeling and often implies strong intention or aim. In today’s day and age most people are living pay check to pay check never really knowing if they will make enough to pay the bills that just keep piling up. Most of the best deals will be found in low to middle class neighbors hoods. I have seen the same houses just one mile apart selling for totally different prices. You also want to fill yourself with motivational and leadership books. When I go out and look at a property it brings me a lot of enjoyment. I attended one of their seminars in Billings Montana for only $500 dollars and learned a ton from it. Do you have enough money to do anything you want? Do you have everything you want? No debt? A nice house? Great Marriage? The freedom to do anything regardless of how much it costs and the time it takes? If you have all of these things then you are one of the few people in America who does. Having a mentor to help you can be your biggest learning experience. Some dream of traveling the world, spending more time with family, volunteering, golfing, laying on a beach, giving back to the community, or anything that will make them happy. This is why I do my Real Estate Seattle investing in Billings Montana. These are the Real Estate Seattle strategies that I use for the most part. There are tons more you can read but these will give you a great start. You should have hundreds of business cards made up and try to give them all out. Low mortgage rates are generating more monthly cash flow for millions of families and investors across the nation; the government hopes this will spark spending and help to boost the economy. If your goals are too small you will easily achieve them and have nothing else to look forward too. Right now I am just trying to get you out of your comfort zone of thinking and let your imagination run. Learning and reading is just one step to take. First your short term goals. Most people may be working fifty hours a week and making just enough to pay their bills. The fastest way to change a habit is to act like it is true. The fourth thing is that you have to put a good team together. I will go into putting a team together in a later chapter. The best ways that I have found to set your goals is to break them up into two categories. Giving is a very important, this can be giving to charity, giving of gifts to friends and family, giving to your school or anything you can dream of. I have not gone over the types of Real Estate Seattle investing but some include rehabbing (fixing up and selling), wholesaling (finding deals and selling them to other investors), buying to rent, and there are a few others. A bird dog gets from $500 to $3000 dollars depending on the deal. The people that make it in Real Estate Seattle investing all have a few things in common. Everything in this article is tools that can be applied to helping anyone get started in Real Estate Seattle investing. To a bank, a building occupied by a business owner is about as good a risk as can be found in today’s economy. When talking with investors ask them several questions such as what neighborhoods they prefer, what type of houses they buy (3 bed 2 bath), and what they do (rehab, rent, wholesale). Next list what bad habits you have that you want to eliminate. These are simple steps you can use to get started. Billings Montana has not seen the ups and downs that other markets have experienced. The can also make sure that you are not working yourself to death. With that said prepare yourself to think a little differently and expand your mind. Make sure that you have a bird dog contract signed with the investors saying that if you find them and deal and they buy it that you get paid a certain amount of money. This is not a how to article but an article that gives you some information about things to do to get started. If you find a great book that you really enjoyed, then just simple search for that person online and see if they are speaking somewhere or offer a seminar close to you. Every market can vary by neighborhood, so make sure you know you market well. As an investor herself Lacey acknowledges that mortgage rates are now at a record low, and there is a lot of inventory of homes for sale Seattle throughout the entire area. As long as what you give brings joy to others who need it more than you. Everyone wants something different out of their life. Ask them if they would consider working with you to get their career going. There are thousands of things that make people happy. So add together an unusually large supply of buildings, and banks aggressively competing for this type of business, and a business owner has a real opportunity at this time to acquire space to grow their business. Sixth and final is the desire to do it. Everyone has failed at something but the most successful people out their learn from their failures. No one can become successful at something if they don’t want to do it and don’t get satisfaction out of what they are doing. When trying to find a mentor I would suggest network with the investors at your local Real Estate Seattle investors club meeting. Whatever your dreams and what you want out of your life, write it down. I will have to say that I have been noticing a little bit of a downward trend but not much. Once the first time home buyer credit is over with we might see a little more decline. But for businesses that might be doing well enough to qualify for financing and are currently renting their space, this is one of the best times in a very long time to buy a building. If you are starting any kind of business you need to learn the ins and outs of that business. How should you start to write down you goals? First off you should think big, and by big I mean HUGE. I have had one of the best mentors around, my father. I have learned a lot of ways you can set you goals and there is no right or wrong way. When looking at the market you need to see where other investors are buying their houses. You want to review your goals daily and read them out loud to yourself. If you read this article thank you for listening. We all have bad habits that need to be changed in order for use to grow as human beings. It is also easier to get local Real Estate Seattle information that we need. Some people might be like me and have a hard time talking to other people. Than Merrill is a great speaker to go hear. Also rich dad poor dad has seminars all over the country. Under each of these bad habits list out some steps that you can take in order to quit them. You don’t want to just have your goals up in your head you want to write them down and past what you have wrote on the wall somewhere or in the bathroom mirror. Another good exercise for long term goals is to make a collage of you goals. Well you can get a gym membership or a home work out program. If you live in a big city it will be very easy to find one. Building an effective team can make your life as a Real Estate Seattle investor a lot easier. By low I don’t mean drug infested war zones, what I mean is blue collar safe neighbor hoods that might have somewhat older houses and houses that are not on the higher end price side. If you are going to be successful at anything in life including Real Estate Seattle investing you have to have the desire to do it. Next you want to list how much you are going to give. For year one I like to first make a list of what I want to achieve this year and I will give you an example of how to do that. There are a few that I would recommend. There is no better phrase out there then JUST DO IT! Once you have learned all you can networked with investors in Billings and learned Real Estate Seattle investing strategies there is nothing left to do but get your feet wet. Another reason to attend a seminar is to network with other investors and build relationships with them. Knowledge builds confidence and destroys fear. And for the potential business owner-borrower, the fact that SBA allows a 25-year amortization on commercial Real Estate Seattle usually means lower monthly payments on loans that also cannot be called. Real Estate Seattle investing may not be for everyone but Real Estate Seattle investing can offer anyone the financial freedom we all crave for. You will have learned what you did right and what was frustrating. In depreciating markets you can pick up several deals, while in appreciating the house prices are going to be much higher and harder to find great deals. Don’t be average apply your knowledge. Learning your market is another key to becoming successful. Take that experience and ask yourself what would have made it run smoother. The average person never uses what they learn. This causes house prices to start going down. As bad as the economy is and even though the slow climb out of the recession is probably going to cause more small businesses to fail, one particular item that banks are still willing to finance is owner-occupied commercial Real Estate Seattle. When someone knows that working with you is going to make them money they will put you as a higher priority on their list. When you go to the meetings ask around who the biggest investors are. But once you know it you have to apply what you have learned. When looking where others are buying ask local realtors, other investors or appraisers. You never know how much one business card you hand out can make you. Most Real Estate Seattle investors start their career off my investing around where they live. If you do not have the desire for Real Estate Seattle investing that is ok, it can still help you to live your dreams and help you to get where you want to go in the future. You have to put together good people who you can trust and rely on. Then add to that the fact that even though there may be a little more downside left in prices, there is much more upside potential as the economy continues to pull out of the recession. There will be grammar mistakes and errors, so don’t be too critical of the grammar but focus your energy on what is being said. Doing this is a great exercise to really see what you want out of life. Now you can find deals in the higher priced neighbor hoods but most will be in the low to middle income neighborhoods. When going out and doing your first deal act like you have done 1000’s of deals. Depreciating markets are where there is a lot more houses than people to fill those house. The deal will still be out there you just have to know where to find them. This means that there is not a lot of demand; buy just enough to fill every ones needs. The second is your long term goals these goals are you think big goals and what you see for your future. If you bad habit is being lazy and not exercising enough what can you do to change that. But a lot of times what they are trying to sell is some really good stuff. Then ask if you could get together with them sometime and discuss Real Estate Seattle investing. Real Estate Seattle is proven to be one of the fastest ways to get your out of the rat race of the nine to five and begin living the life you deserve to live. If you are that is ok, anyone can learn how to become a people person, it just takes hard daily work. You don’t just want to read Real Estate Seattle investing books though. This can be determined by what kind of Real Estate Seattle investing you choose to do. This article is just the basics for getting started in Real Estate Seattle investing. First they run their Real Estate Seattle investing business like any other business out there. The reason there is a high demand for housing can be because of job growth, a very appealing area, or several reason. Every successful person that I know if a reader and they all spend at least thirty minutes a day reading something that will teach them about improving their business or helping themselves to become a better person. He is teaching me something new every day and pushing me to become successful. Some range from five hundred dollars for three days and some can be up to $20,000. The fifth thing is that you need a mentor. Bird dogs are people who go out find deals or leads about deals and give them to other investors. Before we get in to the bolts and nails of Real Estate Seattle investing in I want to talk to you about desire. Commit yourself you following through with a plan to work out 3-5 days a week.

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Melvin Whitehead –
About the Author:Seattle Real Estate agent who has many real estate resources. Visit www. newhousematch. com

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Real Estate Seattle Investing Tips, Seattle Real Estate Tips, Seattle Foreclosed Homes Investment Tips

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