Today is my 28th birthday, so Happy Birthday Jason. I’m in a good mood for several reasons. Most importantly, I’m alive and in good health. Also, I get to spend my time these days how I want, where I want, when I want and with whom I want. Lastly, right now is a golden opportunity for me (and you) to make so much money during this financial meltdown (I know that when things turn around I’m going to regret not buying more).
Success is so easy to predict. When I talk to my successful real estate friends they’re thrilled at the money they’re making now and all of the houses they’re scooping up at huge discounts. When I talk to my friends with J-O-B’s they’re whining and complaining that the world is ending (it’s scary how mentally fragile some people are and how the media can sway them). Anyways, not only am I picking up houses now, I’m also getting ready to dump a lot of money into the stock market. If it goes down a little more, what do I care? I’m not touching the money for another 20 years, so I’m fine.
Alright, now to tell you how I can predict your success.
Drum roll please…I can tell how successful you’re going to become by spending a week with you. And, after that week, it would be obvious you’re going to be a success because I would say “look at everything she does, of course she is going to become (or already is) a kick butt real estate investor.” Or, I would say, “no wonder he still hasn’t done a deal yet, he didn’t do a darn thing all week.” It’s that easy. Do you drive for dollars weekly? Do you make sure your letters and postcards get mailed? Do you make dozens of offers on properties? Do you spend time networking on BiggerPockets and at your local REIA’s? Or, do you sit on your butt all week watching five hours of TV every night complaining about your job and the economy?
I think it was real estate tycoon Sam Zell who purchased millions of square feet of office space in Texas during the crash of ’87 (or some time in the 80’s). He knew it would come back up, just like it always does. And, that’s why I’m not only picking up houses but also putting money in the stock market because it’s always your choice whether the glass is half full or half empty.
So, in today’s market prepare to buy and hold for a while. Trying to flip (wholesale) is not smart in this market and many wholesalers are getting killed which is why you need to be a well rounded investor. One last thing…pretend that I’m spending all next week with you. What would you do differently? I sure hope you wouldn’t watch TV and waste my time while I was there (alright, now I’m off to reflect on my 28 years, and what I need to do to become a better person and real estate investor). Oh, by the way, next week I’m going to tell you my favorite website for mailing postcards, the size of the postcards to use, the color to use and the headline of the postcard for getting awesome responses in today’s market!
Photo Credit: soylentgreen23