The Mind of the Real Estate Investor

Myself and many others are living proof that by changing your mental and physical habits, you can build your wealth. This mini-course focuses on changing or fine-tuning your mental habits and attitudes toward real estate investment so that you can profit at will. It’s about getting your mindset right.By mindset, I mean your way of looking at, and approaching your real estate investment business. This includes the way you perceive your business. It also includes what you allow to impress and intimidate you, also what challenges and excites you.Note: This article is the introductory session in a soon to be released mini-course entitled “The Mind of the Real Estate Investor” and the full course will soon be available to Rehab Real Estate Central (http://www.rehab-real-estate.com) newsletter subscribers. This course will be a free service of Rehab Real Estate Central.Why bother with “mindset?”Simple. Because the cost of NOT adjusting your mindset is outrageously expensive (in opportunity loss)! If your mind isn’t conditioned to think like a wealth-building investor, you are like a sailor paddling around in a boat with holes in it. If you bail water quickly enough, you’ll keep it afloat, but you will eventually tire…and sink!ALL money-making endeavors begin with a thought. They are all ideas born in the mind of an investor. Some have more and better ideas than others. Why is that? Are some minds better conditioned than others? I say “yes!”In our society there is often resistance to conditioning one’s mind, but nobody thinks a thing about going for a jog, or hitting the gym to condition their body. Does that make sense? If you walk the entrepreneurial path, mental conditioning is central to your business.The six concepts that I will unfold in this course are powerful weapons of the mind. If you condition your mind to these concepts will make you a lot of money, and you will KEEP making a lot of money.Simply put, if you don’t develop, and then fine tune your mindset you will either:- Never quite get around to investing in real estate (if you have not yet begun) and forfeit the wealth you want to attain for you and your family.- Never quite get where you want to go in your investing (if you are already investing), and forfeit the wealth you intended to attain for you and your family.You see, a lot of people have enough knowledge to invest in real estate. Far fewer DO it. Why is that? Because far fewer have bothered to develop the mindset that conquers fear and other hurdles to investing in real estate. Frankly, it doesn’t matter how much knowledge you possess about investing in real estate, you WON’T do it if you haven’t conditioned yourself to think like and investor.Usually I write and teach practical matters of rehab real estate investing, but for this course, I’m breaking from that in favor of talking about what you can do to adjust your thinking…change the way your mind works. Since the investing won’t be successful without a properly conditioned mind, it can be considered the most important aspect of learning to be a real estate investor!Mindset is the foundation of real estate investment. In other words, if it’s not solid, you cannot invest successfully. I don’t know how to put it any plain-er.I’ve known scores of folks who have WANTED to invest in real estate. These are usually acquaintances who find out somehow that I invest in rehab real estate. Invariable I here, “I’ve thought about doing that.” Sometimes I hear “I looked into that.” Sometimes they proceed to ask questions, but I find that most of the time the next word after the previous phrase is “…but” and then I hear an excuse.These excuses range from “I couldn’t find any property” to “the numbers scared me” to “I couldn’t get a mortgage.”What I’m thinking to myself is “these excuses have solutions, but they don’t yet have the mindset to overcome these relatively minor hurdles.” In fact, unless someone ASKS me for specific advice on overcoming these hurdles, I don’t offer advice. That’s not because I don’t want them to succeed! It’s because their mindset is not yet right.Let me tell you where I’m coming from on this topic.My mindset was screwed up for 10 years! I was a real estate guru junkie! For a decaded I consumed every book about real estate investing on the market, attended seminars, and bought courses. I had “book knowledge” running out of my ears with ZERO property.Finally, one day I realized that I was about to “retire” from the Navy, I REALLY didn’t want to get a job, and my family still liked to eat! I changed my mindset, and put thoughts into action. The rest is history. What changed? Not my knowledge! My way of thinking changed.Facing the end of my Navy career was the catalyst that got me started. If you haven’t started, there IS a catalyst in your life, you only need to find it and capitalize on it. Are you satisfied in your job? Want more time with family? Want more disposable income? Want to build your retirement savings? This list could get long!This course is aimed at helping you capitalize on your action catalyst by developing your real estate investor mindset.For those that are already investing, this course will serve to fine-tune your mindset to make you more profitable. The VERY SAME mindset ideas that make people launch successful real estate investment careers are the ones that keep investors successful over their real estate investing careers, be it 2 years or 20.Let’s get started!

Classified Advertising Builds Business

Classified advertising is both cost-efficient and EFFECTIVE! Ads in the classifieds are less expensive than display-type ads and achieve a better response because of their location in the newspaper. Classified Advertising is simply advertising in a targeted, ordered way. Classified advertising is free for RCI Members and $25 per ad per issue for non-members.Classified advertising is the cheapest way to get into Mail Order and it is often possible to raise a fortune from these small ads. Just check any large publication such as Popular Mechanics, for their classified advertising section and you can see yourself the many ads. It is usually textually based and can consist of as little as the type of item being sold and a telephone number to call for more information.It can also have much more detail, such as name to contact, address to contact or visit, a detailed description of the product or products (“pants and sweaters, size 10” as opposed to “clothing”, “red 1996 Pontiac Grand Prix” as opposed to “automobile”). Classified advertising is typically lower on holidays than it is on regular Sundays.It is also used by large volume sellers to reach users who look to such advertising for items such as homes or automobiles. Thus, classified advertising has proven very useful over the years in bringing buyers and sellers together. Classified Advertising is very easy on your budget.In fact, you an find billions of classified submission sites on the Internet for FREE – yes FREE! Classified advertising is a cost-effective way to reach a high volume of potential customers and generate significant responses from one small message. Because classified advertising is an inexpensive option, you can communicate with your prospective audience on a regular basis.Classified advertising is usually textually based and can consist of as little as the type of item being sold, (i.e., “Clothing”) and a telephone number to call for more information (“call 555-7777”). It can also have much more detail, such as name to contact, address to contact or visit, a detailed description of the product or products (“pants and sweaters, size 10” as opposed to “clothing”, “red 1996 Pontiac Grand Prix” as opposed to “automobile”). Classified advertising is just one of those mechanisms.Who knows when, where, or how your potential customer will find your site. Classified advertising is still advertising and as with any advertising, you must advertise regularly . Miracle result systems do not exist, only tools to assist in achieving good results, you must advertise on a regular basis to achieve the results you desire, test different headlines, and ad copy.Classified advertising is essential to consumers (although clearly it has found a home online as well). Retail ads carry store locations, hours and prices. Classified advertising is a form of advertising that many new business owners overlook. With today’s shift in advertising from off-line to online sales, there has never been a better time to use this valuable marketing tool.