It’s funny that if they were given the realistic choice, most people would quit their job tomorrow. You may hate your job or you may not but either way, if given the realistic financial choice, you’d probably leave your job pronto. A great consideration is getting into part time real estate investing instead. But what do you do if you’re stuck in a full time job want to invest in real estate?
Does it surprise you to know that most “big time” investors start part time? What’s more surprising is that after many of them make it big, they often stay working part time. After all, who wants to work more when you don’t have to or you don’t need to? After all, people become financially free to have the time to do what they really want, right?
So can you have a day job and get into real estate investing (click this)?
Here’s the big secret: That’s how most people start out at it. Hey you need to feed your family and you need to eat, right? You can pursue better opportunities while your full time job pays the necessary bills. Since, for now, you’re probably not capable of sustaining the possibility of not earning a large pay check right away, part time investing in real estate (click here), is the only way to go. if you spend your part time efforts to learning bettering yourself, no matter what you do during the day, your success is inevitable.
Who is really wealthy?
I know it may sound like a silly question but most people see their upper middle class friends with a big house, two or three cars and they think are “wealthy” or “rich.” The truth is that most upper middle class individuals are the same 2 or 3 pay checks away from being completely broke that most of the poorer people are.
Here’s a simple litmus test to determine who is actually financially free. Ask yourself if they bought their “stuff” on credit? If the answer is “yes,” than they are typically not much further along than you may be towards being free of having to work than you are. They don’t honestly own their possessions because that distinction belongs to the bank. Tell them to skip a couple of payments if you don’t believe what I’m saying. If you continue to buy expensive stuff on credit to impress your neighbors and to try and look successful, you’ll never achieve freedom in this lifetime.
Get ahead faster by doing it simpler. Take whatever extra money you have and learn to invest in assets that make money. Purchase more assets with the money created from the previous assets. Your situation will change in due time. You’ll be able to do whatever you want because your assets will pay for it. There’s something more valuable than expensive stuff. Do you know what that is? It’s the real freedom to do what you want when you want because your bank account grows without your involvement. After you have sufficient income producing passive assets to life off of then go ahead and buy the big house and car.
If you don’t understand how to invest in real estate yet because you don’t know how, don’t worry. Most people don’t. You can always learn. Do you know how many times you have to learn it in order to become rich? Once. In fact, there’s nothing you have to buy to get started. Do you know where you can learn how for free? Your local library has a ton of how to books on every subject that you’ll need to know from investing, to raising capital to marketing. I had just one price that my wallet could accomodate when I started even though it’s still a great resource today, the library.
Automatic Real Estate Investing – Take the smart way out
Real estate investing is a business so treat it like one. Take investing just as seriously as you are forced to take your job. You won’t succeed If you don’t treat real estate like a business. The courses you’ll inevitably take will probably leave you with various know how and techniques. Often, you’ll leave with a lot of excitement and hype. What happens wear your emotional state wears off and reality sets in? Your real business tests will begin when that emotion wears off and the day to day grind sets in. That period of time will show you if you’re really committed to sustaining a profitable living in real estate investing. Make the decision in advance to stick with it through this before it actually happens.
I couldn’t avoid the overused cliché. “Begin with the end in mind.” There are only really two reasons people fail in real estate investing. So many part time investors don’t ever quit their job to become full time investors. Do you know why? Do you know why they don’t retire early and retire rich?
1) They don’t get enough qualified leads from their business.
It’s not typically that newbie investors don’t possess the ability to comprehend the techniques and ideas. The biggest issue is that they don’t have enough qualified leads to regularly use their creative techniques with. Do you know what makes all the difference? I’ll tell you what is the key to every business. Marketing is 90% of every business. Do you what’s great about my marketing? New business continually finds me even if I don’t seek it out. My phone rings off the hook with quality leads. In all honesty, I have lazy days where I don’t even call them back because I just don’t need the business. It’s sad but true.
Focus your efforts on marketing to attract the right types of clients easily and naturally and do you what will happen for you? Cha-ching. When you don’t have to look for new business, you’ll make more money while simultaneously actually working less. If you want to be successful without depending on a job, you’re going to have to master marketing regardless of whether real estate investing isn’t for you. The good news is that the skills are transferable so I still suggest that you learn them.
Think about this. There’s not many people who think McDonald’s makes the world’s best burger, right? Who do you know that has a better marketing system of hamburgers? They have served over 99+ billion customers. Do you think it’s because they have a fast food burger or a state of the art marketing machine? Hmmm…
Treat marketing for leads like the fundamental part of your business and you’ll make the great leap from “part time investor” to “full time work when I want to.” Don’t do it and you can look forward to more of the bossman. It’s just how it really is.
2) They know how to do it, they just don’t use it
If you don’t get out and do something about what you’ve learned, you leave it to the world to make plans for you. Do you know what they’ve got planned for you? Nothing. You can’t pay someone else to do your push ups for you and you can’t be successful doing nothing (at least not right away). Do you have a 90 to 180 day plan to leave the full time job? Make one but don’t half-ass it by skimping on the detail. You’ll need to know just how much money is “enough” to move on. If you’re serious about achieving your goal, then it will happen for you. Take the time to write it down your goals so you’ll program your subconcious mind with something pyschologists refer to as “major definite purpose.” Your mind will begin figuring out how to get there. If you’re not interested in being your own boss that quickly, that’s alright too. It’s all about what you want for yourself in life. How to get there and what is “successful” is really up to you. What you should at least do is take your time and gather more knowledge that will only help you create a better future. Extra skills at the job will only make you all the more valuable which can still land you more money.
Do you know causes both of these issues?
It’s only the fear of failure that holds all of us back. Consider this. If you were completely sure that you’d consistently make big time profits then you’d probably go out and see as many clients as humanly possible. You’d almost be beating down doors to cash your pay checks. The truth is that the fear that this outcome isn’t possible holds you back. Imagine this for a little bit. If you were handed a guaranteed list of high paying deals in a list of people but it vanished in 24 hours, how many people could you make time for? If the answer is “a whole lot,” then you get my drift.
Take ownership of your fears and you be amused by them
It’s necessary to grasp that what’s stopping you isn’t even the negative outcome itself. So what are you actually afraid of? You’re only afraid of the fear of the negative outcome. You’re actually more afraid of the anticipation of the negative outcome then it actually happening in reality. You’ve probably had all kinds of negative outcomes in your life. There have been loads of teachers who had no problem putting an “x” next to your test’s negative outcome. But you probably didn’t get all that worked up about it, did you? The worst feeling that you’re experiencing is caused by fearing an event that doesn’t even exist in reality. Here’s what you need to get about your fears.
Nothing has actually happened in reality yet.
The only place your fear of a negative outcome actually exists is in your own head. Don’t worry about it because the proverbial teacher hasn’t really labelled you a failure and nothing has actually really happened. Pretend that you want to ask out that member of the opposite sex. Pretend you’re seriously worried that they’ll say no but you’re also really into them. What are most people in that situation going to do? They let this anticipation persuade them into inaction and they just don’t get around to asking. Has this person in reality actually said no? Even if they gave you the dreaded teacher’s “x,” you could probably handle it anyways. Own your fear by realizing it is not anything to do with the other person that you fear. In reality, what you fear doesn’t actually exist yet because you are being consumed merely with the anticipation of a negative outcome. You have full control over your imagination and you can easily learn to anticipate successes in life. When it’s properly configured to anticipate success, you’ll easily attract positive outcomes. You’d go out and see every lead if you were absolutely certain that your financial success was waiting with them. The scary truth is that all you have ever been afraid of is your own imagination. Just how strange is that?
A Humorous Story – Do you know how much my friend hated his job?
I couldn’t make this story up if I tried. This is a true story that still gives me a giggle. Tom and I have since become good friends but we first met at the local real estate investors club. Tom was already a successful investor by the time we had met. He told me a funny story from two years early about his start in real estate investing. He took computer science in University and he was working in a job in his field for 6 months. He started hated his job quickly like a lot of people do. Just out of curiosity, do you hate your job that much yet? Well let me tell you that he sure did.
Tom had taken a $5000 weekend seminar from one of the gurus in his spare time. He was ready to invest in real estate although the course wasn’t really complete. Let’s call the course an “R. Allen” course. No wait that’s too obvious. Let’s call it a “Robert A.” course. The course wasn’t actually all that useful but it gave him his first taste in investing which was part of the spark that propelled him. He recognized the unparalleled opportunities in real estate.
The problem was simply that like everyone else, he needed his job’s pay check. Do you feel like Tom sometimes? When I started out, I know that I sure did. You just can’t get any trickier than this next part of the story. All Sunday night Tom pounded coffee after coffee. He didn’t go to sleep that night. He paid his doctor a visit the following morning. He told the doctor that he was so stressed out about his job that he was having headaches, he couldn’t sleep and a whole bunch of things about how it was ruining his health. The doctor measured his vitals and looked at his bloodshot eyes for all of 5 minutes and decided he was obviously “too stressed” to work at his job. He granted him six month’s paid stress leave. Now isn’t that something else?!
Tom read some more books and pulled off his first deal about 2 weeks later. Just how is he doing now? Tom now has purchased over $2.5 million in equity in over 100 properties and he enjoys over $15,000/month in positive cash flow every month. He used the opportunity to move from job to no job and he’s fortunate enough to travel from 6 to 9 months annually. It really doesn’t take that long with a focused mind. It’s taken less than 5 year for Tom to accomplish all this.
So, what’s the moral of the story here? Tom obviously took advantage of the system but you don’t need to do that. Just make sure you have a plan to ditch the J.O.B. You need to know how much cash flow you need and you need to know the steps involved so that in 6 month’s time you’ll be job free.
Real estate investing with a full time job is really the only way to get started. If your full time job sucks, don’t sweat it. Know where you’re going and how to get there and it will be easier than you think.
Gain vital information about Wealthy Affiliate Platinum Review – please read the site. The time has come when concise info is really within one click, use this chance.