What you need to do to succeed in real estate

What you need to do to succeed in real estate

Investor · LOUISVILLE, KY · Member since 2013 · 299 posts · 137 votes

So, very quickly this morning, I wanted to write a post outlining exactly what you, as a newbie, need to do to succeed in real estate.

It's relatively simple, but we as humans like to make things complex.

Ready?

Buy a house.

Whatever it takes for you to make an intelligent (read: good investment) decision about purchasing a house is what you need to do.

To get to that point, you don't need to:

  • Read more, unless you don't have the correct information.  Then, read enough to get educated for the sole purpose of taking the action necessary.
  • Make business cards.
  • Make a website
  • Start a company
  • perform all the other myriad of tasks that keep you occupied and away from the main objective of purchasing a house.

You do need to:

  • Go look at houses
  • Analyze your farm area
  • Make offers on houses
  • Buy houses

I am speaking now directly to the new person now that has been here for months or years.

Why are you here?  How long more do you choose to take before you do what matters?

Do what matters.  Drop all the rest.  

It will be scary.  Your hands will shake.  You will pee your pants all the way through, metaphorically speaking.  We all go through it.

It will get easier.

But, you have to take the first action.  

What are you waiting for?  Nobody is going to reach out and grab you by the hand.  Take the action you know is necessary.  Take the action that will equal the betterment of your future.  Take the action.  Take the action.  Take the action.

Stop living on the sidelines.

...

Keep rockin'.

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  • Investor · Denver, CO · Member since 2016 · 213 posts · 57 votes
    10y

    @Account Closed I got the shakes each time .... kinda like bungee jumping.... at some point you just have to do it ..  it is scary in the beginning but focus on the year ahead of you and see your life there..  find your inner strength looking at you... a year older and wiser.  and keep saving money reading BP

  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    10y

    @Account Closed  you assume that get started in RE involves buying a house for a rental..

    Or some other direct investment into RE.. there are many many more ways to be profitable in RE .. this is just one approach.. granted the one that is the easiest to understand and the most talked about. but it far from the most profitable for most folks

  • Investor · LOUISVILLE, KY · Member since 2013 · 299 posts · 137 votes
    10y

    @Jay Hinrichs:  Granted.

    But, please expound if you're going to say something like that.

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