{"id":78866,"date":"2019-10-12T11:00:12","date_gmt":"2019-10-12T17:00:12","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=78866"},"modified":"2021-03-16T12:00:54","modified_gmt":"2021-03-16T18:00:54","slug":"2016-07-13-6-strategies-elite-investor","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/2016-07-13-6-strategies-elite-investor","title":{"rendered":"The 6 Non-Negotiable Habits of Elite Real Estate Investors"},"content":{"rendered":"

What does it really take to become a successful real estate investor?<\/span><\/p>\n

Unfortunately, there aren\u2019t any magic pills for lasting overnight success. There aren\u2019t too many shortcut hacks that you can replicate again and again to (legally) make a significant amount of money. But on the bright side, it really doesn\u2019t have to be that outrageously difficult either. The reason that so many self-help, motivational, and real estate books fail to truly\u00a0deliver new secrets or fresh information is that the real keys to success in real estate are small, often daily actions and habits. <\/span><\/p>\n

\u201cLose 600 lbs in 6 minutes a day for 6 weeks\u201d sounds like a far more exciting type of claim than 10,000 hours to achieve mastery in a field. But what\u2019s the reality of getting and staying in shape? Consistent positive daily actions. That\u2019s what makes world class athletes. The same applies to real estate investing. So, what are some of the daily habits you can adapt to level up as an investor?<\/span><\/p>\n

The 6 Non-Negotiable Habits of Elite Real Estate Investors<\/h2>\n

1. Read.<\/h3>\n

One famous trainer said that the only thing that will make a difference between where you are now and where you will be in five years is the books you read and the people you meet. Look at the habits of any notable person throughout history, and you\u2019ll find books are a big part of their lives. <\/span><\/p>\n

Related:<\/strong> The Habit-Forming App That\u2019s Changing My Approach to Business & Life<\/a><\/em><\/p>\n

Leaders read. It is said that the top CEOs in America read on average 60 books a year. Reading goes a long way. Just think, someone put their whole life\u2019s experiences into a book for you to read. There is so much you can pull from their knowledge and so much to read if you want to keep up with the leaders.<\/span><\/p>\n

\"books-for-entrepreneurs\"<\/p>\n

2. Sleep.<\/h3>\n

Science shows that getting sufficient sleep is critical to great performance. I know that I still struggle with this one, but it\u2019s true. Bodybuilders know that your muscle gains only actually happen on rest day. Without enough sleep, your brain automatically switches to survival mode and sees things more negatively. Get your sleep, and you\u2019ll be more productive and happy\u2014and you’ll make bigger leaps.<\/span><\/p>\n

3. Provide a lot of value.<\/h3>\n

Give, give, give. But most importantly, give without any expectation of getting anything in return. Don\u2019t expect it. In fact, if you expect not to get anything, you\u2019ll enjoy giving even more. Share your knowledge, time, and resources.<\/span><\/p>\n

4. Take time to think.<\/h3>\n

It\u2019s really tempting just to rush into action and stay busy all the time. Action is necessary. Yet sometimes we get so much into the grind of things that we have to take a step back and think big picture. The big advances come by thinking better, asking better questions, and identifying the solutions\u2014not just slogging away. That\u2019s why CEOs get the big paychecks, not the brick layers. \u00a0<\/span><\/p>\n

Related:<\/strong> The Simple Everyday Habit That\u2019s Changing My Business, Relationships & Life<\/a><\/em><\/p>\n

Sometimes we all need a time usage checkup. Have we been using our time to its maximum potential? Or have we been acting out of fear and refusing to delegate tasks? Don\u2019t forget the 80\/20 rule. Eighty percent of the results are created by 20 percent of your activities. Every year, take time to identify that top 20 percent of tasks\u2014and delegate the rest. Among the 20 percent retained should be taking time out to think and strategize every day.<\/span><\/p>\n

\"real-estate-networking\"<\/p>\n

5. Connect with 10 new people.<\/h3>\n

If you simply connect with 10 new people each week, you\u2019ll have more than enough leads to fulfill all of your real estate goals. Ten a week is 520 a year. Eventually, some of those contacts are going to need to buy, sell, rent, or invest in real estate. Keep this up, and you may never need to do any other marketing.<\/span><\/p>\n

6. Keep your goals handy.<\/h3>\n

Keep your goals handy. I wake up and write my goals down, I carry them in my wallet and look at them through the day, and I rewrite my goals before I go to sleep. Everyone is a little different. For some, it is just reading their goals. For others, it is using vision boards. Find your best way and lock it in every day.<\/span><\/p>\n

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Which of these habits do you already practice in your everyday life? Anything you’d add to this list?<\/em><\/p>\n

Let me know with a comment!<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Leaders are made not from grand gestures but from small actions performed day in and day out. Adopt these habits\u2014and watch your business improve.<\/p>\n","protected":false},"author":12140,"featured_media":114213,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20],"tags":[],"class_list":["post-78866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-personal-development"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/78866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/12140"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=78866"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/78866\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/114213"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=78866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=78866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=78866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}