{"id":5573,"date":"2017-06-02T16:00:52","date_gmt":"2017-06-02T20:00:52","guid":{"rendered":"http:\/\/camerondirect.com\/?p=5573"},"modified":"2021-02-08T18:35:26","modified_gmt":"2021-02-08T18:35:26","slug":"getting-started-in-real-estate-investing","status":"publish","type":"post","link":"https:\/\/realestatewealthnetwork.com\/blog\/getting-started-in-real-estate-investing\/","title":{"rendered":"26 Must Know Tips for Getting Started in Real Estate Investing"},"content":{"rendered":"<p>There are reasons we succeed \u2013 and reasons we fail. But knowing and applying the factors that make us successful is half the battle.<\/p>\n<p>So today, we\u2019re identifying the first half of many critical, must-know tips to getting started in real estate investing \u2013 26 tips to be exact.<\/p>\n<p>Knowing and understanding these tips for success will get you on a clear path in the right direction. So success is not only attainable but you\u2019ll get there quicker and, hopefully, with less frustration.<\/p>\n<p><a href=\"https:\/\/ideservetobehealthywealthyandhappy.com\/goal-setting-accomplishment-workshop\/?utm_ad=49196&amp;utm_placement=298&amp;utm_medium=156\"><img class=\"img-responsive aligncenter wp-image-5969\" src=\"https:\/\/dlbf54swf3l6o.cloudfront.net\/blog\/wp-content\/uploads\/2016\/10\/success.jpg\" alt=\"Success Tips for Getting Started in Real Estate Investing \" width=\"414\" height=\"276\" \/><\/a><\/p>\n<h4><strong>Let\u2019s begin\u2026<\/strong><\/h4>\n<h3><strong>1- Know Your Why<\/strong><\/h3>\n<p>If you don\u2019t know why you want to be successful, you most likely never will be. Before you take action, set goals for yourself. Your subconscious mind will ask why you do what you do, especially when times get tough. So know the answer, and keep your eyes on the prize, staying motivated and accountable every step of the way.<\/p>\n<h3><strong>2- Recognize Opportunity<\/strong><\/h3>\n<p>It\u2019s all around you, especially when those around you see little or none. For me, this one is both a curse and a blessing, simply because I see opportunity in everyone and everything. But over time, I have learned that true opportunity comes from the willingness to solve other people\u2019s problems and once you\u2019re willing and open, opportunities will reveal themselves to you.<\/p>\n<h3><strong>3- Take Action<\/strong><\/h3>\n<p>Decide - right now - to do what it is that you need to do. Time is limited, and it goes by so fast, so take advantage of the here and now. Take the jump\u2026do something\u2026 and do it big!<\/p>\n<h3><strong>4- Lean into the Headwind<\/strong><\/h3>\n<p>You\u2019re going to get push back from others. It\u2019s the name of the game\u2014especially when you are getting started in real estate investing. People will doubt you, question what you do and try to hold you back. You may even hold <em>yourself<\/em> back because of fear or money. But you\u2019re going to be <strong>ready<\/strong> for the push back\u2026You\u2019re going to lean into the headwind, and eventually \u2013 with patience, experience and knowledge \u2013 you will gain enough momentum to conquer those headwinds for good.<\/p>\n<h3><b>5- Expect Challenges<\/b><\/h3>\n<p>You\u2019re going to fail\u2026 and you\u2019ll be wise to embrace those failures. You see, success can\u2019t come without failure, and nobody (I mean nobody) is fail-proof. So when challenges come your way, dust yourself off, walk away with a lesson learned and move on stronger and smarter. That old saying: \u201cwhat doesn\u2019t kill you makes you smarter\u201d is true!<\/p>\n<h3><strong>6- Ask Yourself the Right Questions<\/strong><\/h3>\n<p>Ask questions like these:<\/p>\n<p><em>\u201cHow can I?\u201d<\/em><\/p>\n<p>or<\/p>\n<p><em>\u201cHow will I?\u201d<\/em><\/p>\n<p>And ask <em>often<\/em>.<\/p>\n<p>Engage in that internal dialogue so that you can gain razor-sharp focus. If you ask enough, the answers will begin to come to you naturally\u2014and that\u2019s a good feeling, knowing that you\u2019re that much closer to reaching success.<\/p>\n<p>The wrong questions, by the way, almost always start with the word \u201cWhy\u201d. Why can\u2019t I, why won\u2019t it, why does it, why won\u2019t they\u201d.<\/p>\n<p>Questions that start with \u201cHow\u201d empower your subconscious mind to find the answer and it will go to work on it 24\/7, even while you\u2019re asleep! Questions that start with \u201cWhy\u201d give your subconscious mind permission to find an excuse. Even though the words \u201cExcuse\u201d and \u201cFail\u201d are spelled differently, they generally mean the same thing. Every failure I know is full of excuses.<\/p>\n<h3><strong>7- Define Luck<\/strong><\/h3>\n<p>Remember that luck is reserved for those willing to work their butts off. Luck is really hard work in disguise. It doesn\u2019t just fall in your lap. So get to work, and watch how luck (meaning positive results from your hard work) comes your way.<br \/>\n<a href=\"https:\/\/ideservetobehealthywealthyandhappy.com\/goal-setting-accomplishment-workshop\/?utm_ad=49196&amp;utm_placement=298&amp;utm_medium=156\"><img class=\"aligncenter wp-image-5970\" src=\"https:\/\/dlbf54swf3l6o.cloudfront.net\/blog\/wp-content\/uploads\/2016\/10\/successcircle.jpg\" alt=\"The circle of success for getting started in real estate investing \" width=\"317\" height=\"402\" \/><\/a><\/p>\n<h3><strong>8- Overcome Procrastination<\/strong><\/h3>\n<p>Use what you WANT to do as the reward for doing what you NEED to do.<\/p>\n<p>Oftentimes, we tend to feel guilty (at least I do) when we\u2019re doing what we enjoy most. But if you\u2019ve worked hard and achieved your goals, you can enjoy your wants, guilt-free\u2014and there\u2019s no better feeling than that!<\/p>\n<h3><strong>9- Just Say No<\/strong><\/h3>\n<p>Opportunity, as I mentioned, is <em>everywhere.<\/em> And that\u2019s a good thing...But when you\u2019re getting started in real estate investing, saying yes to every deal that comes your way isn\u2019t. You\u2019re a rock star for sure, but you simply can\u2019t do it all. Nobody can!<\/p>\n<p>Start embracing the word \u201cNo\u201d.<\/p>\n<p>Learn to choose quality over quantity, and say no to deals that don\u2019t make sense.<\/p>\n<h3><strong>10- Learn to Delegate<\/strong><\/h3>\n<p>You\u2019re right... No one can do the job as well as you can, but for $12-$15\/hr, someone can do it well enough. So, let go and realize that you don\u2019t and can\u2019t control everything all the time. By doing this, you can free up your time to go after more real estate deals and make more money, and let others do some of the work for you. Delegate the day-to-day tasks.<\/p>\n<p>Behind every successful investor (or anyone in any profession, for that matter) is a team of hard-working people. When you are getting started in real estate investing, one of the biggest keys to success is learning how to delegate to others. If you work more hours in your business than you did at your last job, you may have a problem delegating. Most entrepreneurs do and it\u2019s a trap.<\/p>\n<h3><strong>11- Deploy Systems<\/strong><\/h3>\n<p>Use systems and software (a.k.a. automate) to do the work for you so you can scale your business and income without scaling your effort. By embracing technology, you can increase your income without increasing your effort. So find the systems that are right for your business.<\/p>\n<p>An example of this would be <a href=\"https:\/\/realestatewealthnetwork.com\/iflip\/\" target=\"_blank\" rel=\"noopener\">using iFlip to automate and scale your business.<\/a><\/p>\n<h3><strong>12- Generate More Leads<\/strong><\/h3>\n<p>Generate so many leads that you can cherry-pick which one you want to work on. This keeps YOU in control of your business. Again, quality over quantity, friends. If you don\u2019t already have enough opportunities each month for deals check out the Vacant House Data Feed and <a href=\"https:\/\/realestatewealthnetwork.com\/vacant-house-data-feed\/\" target=\"_blank\" rel=\"noopener\">get access to every verified vacant house nationwide now!<\/a><\/p>\n<h3><strong>13- Surround Yourself with Successful People<\/strong><\/h3>\n<p>They will help you up. Did you know that you\u2019re the average of the 5 people you spend the most time with? So choose them carefully. Go out of your way to surround yourself with people who are much more successful than you, so you can learn from them.<\/p>\n<h3><strong>More to come<\/strong><\/h3>\n<p>Well, folks, we\u2019re halfway there\u2026<\/p>\n<p>Until next time, if you are just getting started in real estate investing, you can actually start applying these tips <em>today.<\/em> Practice incorporating what we covered into your business \u2013 daily \u2013 and remember that success not only comes from understanding and using these tips, but it comes from loving what you do and being passionate about helping people. And remember... You can do ANYTHING you want in this life; sometimes you just need a little reminder.<\/p>\n<p>And if you\u2019re having trouble setting goals for yourself and want to achieve more in your personal life and in your business, then you may benefit from my powerful FREE training which is full of PURE motivational content that you won\u2019t want to miss. <a href=\"https:\/\/ideservetobehealthywealthyandhappy.com\/goal-setting-accomplishment-workshop\/?utm_ad=49196&amp;utm_placement=298&amp;utm_medium=156\" target=\"_blank\" rel=\"noopener\">This training is designed to get you focused on exactly what you need to do to start crushing your goals!<\/a><\/p>\n<p>If you have any questions or comments regarding anything that we\u2019ve discussed, please feel free to leave those below. I personally monitor and respond to them.<\/p>\n<p>Best Regards,<\/p>\n<p>Cam Dunlap<\/p>\n<p>PS. Do you have any personal tips for getting started in real estate investing? Share them with me in the comments section below.<\/p>","protected":false},"excerpt":{"rendered":"<p>There are reasons we succeed \u2013 and reasons we fail. But knowing and applying the factors that make us successful is half the battle. So today, we\u2019re identifying the first half of many critical, must-know tips to getting started in real estate investing \u2013 26 tips to be exact. 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But knowing and applying the factors that make us successful is half the battle. So today, we\u2019re identifying the first half of many critical, must-know tips to getting started in real estate investing \u2013 26 tips to be exact. 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But knowing and applying the factors that make us successful is half the battle. So today, we\u2019re identifying the first half of many critical, must-know tips to getting started in real estate investing \u2013 26 tips to be exact. 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