Yellow Letter Mentoring
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The first person you need on your team is a Real Estate Investor that mentors. That is vital. They will help you structure a successful business and learn what it takes to make money as a real estate investor. The second person you need is a real estate agent or realtor. Not any real estate agent but one that is Real Estate Investor friendly.
https://wendylovejoy.blogspot.com/2019/03/real-estate-investors-need-power-team.html
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Yellow Letter Mentoring
posted a blog.
When I first started my real estate investing career over 25 years ago we focused on the mindset with long term goals like 3, 5 10 years or longer. Now people look at a couple of weeks to a couple of years as long term commitment The students want faster results, As an investor, we have to stay abreast of the industry changes. Then you want to adapt to those changes so your goals can be achieved You won't have fast results if you don't know what to focus on.Read more - https://wendylovejoy.blogspot.com/2019/02/registration-for-real-estate-investor.html
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Yellow Letter Mentoring
posted a blog.
If you would like a career in real estate here are something’s to consider Some feel they can learn on their own and make huge profits but don’t realize those that go that route end up failing and quitting Out of 100 who get started 87 fail and quit and 13% succeed Less than that become Top Producers and they are the ones who invest in their trainings and mentorship.
https://wendlylovejoy.wordpress.com/2019/01/30/if-you-want-a-career-in-real-estate-consider-the-following/
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Yellow Letter Mentoring
posted a blog.
A. Real Estate investor that wants to succeed needs to focus on these 3 things
1-Mentorship. You need someone who is doing what you want to do in arms reach. The easier way is to choose a mentor. Then complete their trainings Mentors cut your learning curve and save you money by helping you learn from their mistakes. Successful investors model a mentor. A mentor is someone who has been through the same roadblocks you will face. They know how to help you keep going on your journey toward becoming and remaining a top producer.
2-Motivated Sellers. You want to focus on working with motivated sellers. People who have a real estate issue that needs to be solved right away. You want a funnel or process that keeps the leads coming in. The funnel also needs to have follow up system and get them to a closing with you in the middle of the transaction.
Most newbies don’t know how to keep consistency in their process of connecting with motivated sellers. YouTube alone is not going to give you the complete recipe for success, having a mentor and a community will.
3-Motivation. In the business of building your real estate business an investor needs to stay motivated. To stay focused on the finish line. The WHY in why they were attracted to the vehicle called Real Estate Investing. What solution were they looking to solve by becoming a real estate investor. Money is not a motivator. Something you no longer want in your lifestyle is. Something you want in your lifestyle is a motivator. Your WHY is critical to your money at the end of the month changing. It’s critical if you want more zeros in your bank balances.
When closings don’t happen on the scheduled date or the seller says not right now your WHY will be the only thing that will keep you in the game. You won’t give up.
Real Estate Investing is a great lifestyle. But it takes Investing in working more on your own self improvement over anything else. I just invested a lot of money and 3 days with my business coach and it changed my mindset and a few things in my business I found it extremely valuable. I also met a few people I think will be great in building a friendship with or mastermind group with because they had positive energy and have already done some epic stuff in their own businesses.
If you would like to learn more about real estate investing or working with me visit https://yellowlettermentoring.com/ You can also like yellowlettermentoring on Facebook. We have uploaded a lot of videos and tools that could make your real estate Investing business run a lot smoother. Our tribe is very warm , giving & welcoming
Stay Focused,
Wendy
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