Investing in Real Estate: It’s All About Persistence and Numbers

Investing in real estate is all about the numbers. It’s about looking at enough properties to find the ones worth making offers on. It’s about crunching the numbers to see if a deal makes sense–whether you’re doing a fix and flip or a long-term rental or rent-to-own. Finally, it’s about making enough offers to finally get the deals that you want for your portfolio.

The final point about making a lot of offers means that investing in real estate is a game of persistence. Few of us have greatly structured deals just handed to us – especially when we are first starting out. It’s only through hustling, through making lots of offers and pushing through frustrating rejections that we finally become investors.

But persistence pays – in multiple ways. Not only do you succeed by finally closing on some great investment properties and gain sweet satisfaction from achieving your goals, but you also gain momentum from your persistence. After awhile, people do start calling you with deals, because you have been making offers and you have been networking. Things start to happen… seemingly on their own – because you initially put in the time to make it happen.

But it takes time to get there and continued effort to maintain your investing momentum.

The key is persistence. Decide that you will look at 10 deals per week – or whatever you have the time and appetite for – then don’t stop until you have acquired your first investment property. You will hear “no” many times and you will see some hot deals disappear before you have the time to get your offer in, but remember, real estate is a game of persistence and numbers. Your deals are out there, you just need to persist until you find them.

Until my next post,

James

P.S. Many real estate investors find that having a consultant and coach really helps to keep them motivated and helps to push them to achieve their goals. I strongly recommend tapping into our Real Estate Investor Bronze Membership which includes access to a wide assortment of training materials plus the on-going benefit of consulting sessions and new live training that is included with your membership. Sign up today and start profiting.

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