I want to share something that you “old-timers” might remember. Remember the old Timex watches? When we were kids, the big campaign was “Takes A Lickin, But Keeps on Tickin”.
It’s a good time to be in real estate, as long as you change your tactics. There are a lot of investors getting out of investing right now because they are trying to invest using old methods. They are doing what was taught 5 years ago, in the heyday when it was so easy to sell a house, find a buyer, and get people financed. It’s not like that anymore!
Sometimes you see successful people and they are so successful and you wonder, “What makes me different from him? Why is he doing 6 deals a month? Why is he making the big money, when I’ve been out here struggling?” It took me a year before I got my first deal closed. There is only a little teeny tiny difference between successful and non-successful people. The difference is that the successful people don’t quit and they keep on going. Think about it. If you put a successful and non-successful guy right next to each other, they look pretty much the same. We have the same amount of hours in a week. We have brown hair or we are bald, we’re short or we’re tall, we’re fat or we’re thin. There’s really not much difference between successful people and unsuccessful people, except successful people have oodles of money, they have the big bucks!
You wonder why not to quit in real estate investing? Watch the below to know more..