076: Your Reasons Why – Friday Fundamentals

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Real Estate Investing is a journey. Everyone goes through different experiences, along different paths. Any which way you take, it’s almost assuredly a road with twists and turns and dead ends. It’s never a straight and easy path.

The list of hurdles a real estate investor faces includes finding good deals, financing deals, managing properties, managing tenants, maintenance/repairs, managing personal finances, book keeping, and maintaining good relationships, just to name a few.

As a real estate investor, you’ll stumble along your way to financial freedom (and beyond). You’ll make mistakes. So long as you have a reason why, larger than yourself, you’ll be motivated to not quitting and will eventually reach your goals.

The same thing can be said about not just real estate investing, but any difficult journey in life – going to school, raising a family, starting a business, etc.

That’s why it’s so important to have a reason that keeps you going – a reason why.

It’s my belief that personal financial gain is not a big enough reason why to keep you going. I say this because at some point, you’ll have enough to provide a comfortable life for yourself. If that is the bar you set, then simply working a 9-5 job for someone else will do.

The larger your reason why, the more motivated you’ll be to achieve success, however you define it.

Set goals higher than you think you can achieve. Couple those goals with reasons why larger than yourself. You’ll surprise yourself with the levels of success you can and will achieve.

 

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