Real Estate Investing Is Right For Your Future

September 19, 2008

You’d be hard-pressed to find a person in America who doesn’t want to become rich. Unfortunately, making one’s fortune requires more than the simple desire to make money – one has to take charge and put in the work necessary to achieve success.

This may sound like an intimidatingly difficult undertaking, but it really isn’t as hard as it sounds. With all of the literature and educational materials on the market for budding real estate investors, there’s no reason you shouldn’t be able to learn the ropes, provided that you put in the necessary hours of study.  In fact, simply reading this article is a great start to the learning process that will ultimately transform you into a successful investor.

With each real estate book or article you read, you come one step closer to having the tools you need to become rich. The most important lessons you’ll learn from your studies, however, aren’t about the minute details of the real estate business – that’s what you hire other people to handle.  The real lesson is that in order to become a successful investor, you’ve got to think like one.

It may sound overly simple, but how are you ever going to become a successful investor if you still have the thought process of a salaried employee?

This may seem quite simple (and it is!), but the investor perspective sets the stage for you to become rich.  From the employee’s perspective, one must do exactly what the boss instructs, and work within the established system to earn their livelihoods.  Those with this mindset always manage to get by, but if you want to do more than just get by you must obviously take a different approach.

If you want more than that- to be rich, for example- you have to start thinking like the people who control the money. Think like the people who work smart, not hard. With a little thought, you can figure out how to make your money work for you.

Now, who are the people who work like that, who actually control the flow of money in our economy? You might be tempted to say “corporations,” and you would be right to an extent. But corporations are not people: They are financial entities. Think about the people behind the entities and you are on the right track.

Businessmen who oversee large corporations, however, aren’t quite at the top of the financial ladder; one rung above, you’ll find the investors.

There’s no question- investors have more control over money than anyone else, and that is simply because instead of viewing money as something you must work to earn, they see it as something that works for them. This concept can  but put into practice by absolutely anyone, so why isn’t everyone able to get rich in this manner?  Well, most people remain “employees,” their entire lives, never learning to look at money in a different light.

All you have to do to become one of the big fish is invest. It’s that simple. Investing in real estate is a good bet because it’s a stable investment. It’s so stable, in fact, that the bank will actually lend you money to purchase it. No kidding.

That’s the long and short of what you will learn if you read every book available to you on how to start thinking rich and stop thinking secure. They will tell you how easy it is. They will tell you to change your thinking. And they will tell you to let the experts deal with the details.

Author and Realtor Alexandria P. Anderson connects people with Real estate investing throughout the U.S. – As an investor herself, Alex shares her Investment Property Tips freely with others. Get a free copy of the investor’s rental guide at GreatInvestmentProperty.com.


A wise real estate investor isn’t afraid to ask questions…

March 10, 2008

Many potential real estate investors will liken buying investment property to playing the lottery. They believe the investment game is all about luck and that makes them take one of two attitudes. These people will either leap into real estate investing without looking , or else they’ll avoid investing completely, seeing it as nothing but a hoax.

Although a certain degree of skepticism is an admirable attribute, it’s no good for someone to be so incredulous they refuse to make a move. Kiyosaki’s Rich Dad book series portrays real estate investing as easy. Too easy, in fact, if you fail to realize those Rich Dad books are only meant to prepare the newcomer to learn about investing on his own . The books themselves aren’t a complete education, but merely a primer.

After finishing just a fewof the Rich Dad books, you will understand the rudiments of real estate, and that anybody can become a prosperous investor. Skeptics who are not so skeptical they believe it’s all a crock, will realize there’s much more work to be done at this juncture.

The wise skeptic (as opposed to the cynic) knows that research plays an important part in the success of an investor. One must understand the way in which one must do that research and what details one must gain from the process, and one must proceed to put that knowledge to a practical use by actually carrying out the research.

Beginning real estate investors ought to study up on the cities in which they can see themselves investing, educating themselves about the pertinent economic factors, whether the area is luring people in or repulsing them, whether new business is entering the area or businesses are closing up shop. Those are just a couple of the things a real estate investor must know about an area in which he plans to buy property, but they are very important.

The true skeptic understands that though he may read that an area is booming, that doesn’t mean no further research is in order. The relevant facts must be verified with several sources. Cities must be visited. Officials of the city must be interviewed. Experts should be interviewed.

A wise skeptic never makes assumptions. Skeptics check things out, as do good investors. They let experts direct them to more experts. They interview politicians and businessmen in the area. They get the relevant authorities to verify their impressions rather than simply giving shining reports on their city.

It’s all about work and questions. The wise investor isn’t afraid to ask questions and lots of them. There is nothing wrong with being a skeptic.