If you’ve ever read a book or even a blog post about real estate, you’ve seen the many benefits and great wealth that can be created through real estate investing.
The wealthiest people in the world invest in real estate. Many successful entrepreneurs use use the profits from their non-real estate businesses to fund real estate. Many also skip the traditional business and jump right into real estate.
That approach is smart.
I interviewed Real Estate expert J Massey on my show last year and he said that the best part about real estate is that you never have to explain it’s value. Everyone understands the value of a piece of land, or a piece of land with a building on it. Other types of products and services require you to convince the potential buyer of the actual value of the product or service.
If you’re on board and wondering how to get started in real estate investing (or just curious), keep reading. I put together a list of the three critical steps you have to take to begin successfully investing in real estate.
Here Is How to Get Started in Real Estate Investing
1. Quit Worrying About What You Don’t Have
This one drives successful real estate investors crazy. Beginning real estate investors often say:
I don’t have any money. I don’t know anything about real estate investing. I don’t have time. My credit is bad. I don’t know how to get private money. And on and on and on.
Successful real estate investors can’t stand hearing you say that. They reply (they scream, actually): “NEITHER DID I!!!”
Every one of us came out of the womb naked and helpless. Nobody is born with anything. What makes some people successful and some people not is that the successful people never use what they don’t have as an excuse.
Instead they go get it.
Real estate expert J Massey says that there are four required components to real estate investing:
He goes on to say “You only have to have one of these four to successfully invest in real estate.”
#2 (time) is the little-known back door into real estate investing that nobody tells you about. Yeah, I know you’re busy, we all are, but since we all live in the same universe and the laws of physics apply equally to all of us (I’m pretty sure), we each have the exact same 24 hours each day.
Each one of us gets to make our own decisions about how to use those 24 hours.
Watch this free training video from J Massey, where he shows you how to get the money, deals and knowledge you need to begin investing in real estate.
2. Learn About It
But I don’t know how?
Yep, nobody in the world knows how to do anything until they learn it and practice it, so you better get started.
A common refrain from aspiring real estate investors is, “I can’t invest in real estate because I don’t know how.”
The refrain of successful people is: “I don’t know how to invest in real estate, so I better go learn how.” Then you go learn how.
Think about something you DO know a lot about. Everyone has something. Video games, knitting, marriage… Every person has something they are very knowledgable about. Think back to before you knew all that; maybe it was when you were a kid, or early on in your career. There was a time when you didn’t know that thing.
But you learned it. You’ve done it. And that’s key to how to get started in real estate investing. Just have to go learn it.
You can get access to a free video from real estate expert, J Massey by clicking here. Or you can google “real estate investing” for any number of additional resources.
3. Get Out of Your Own Way
Finally, successful people know that YOU are in control of your success or lack of it. I’ve studied human behavior extensively and I’ve learned one thing that, when you understand it, shifts how you think about success.
That one thing is this: The human brain first makes a decision, then it seeks evidence to support that decision.
Let me explain.
Right now, on some level, you may be thinking — I can’t do this. It’s too hard. I’m not smart enough. I don’t have … this … that … whatever.
And it’s those very thoughts that block you from success. Because those thoughts are convincing your brain that you can’t do it. The brain then seeks evidence to support that and your actions follow right behind.
In other words, you are subconsiously programmed to believe that you can’t do it. So, every time you come across an opportunity, you say to yourself, “That will never work.” or “I can’t do that.” or “There’s no point.”
So, you have to force your brain to have a different belief, which will change your thoughts and subsequently your actions.
Imagine yourself every single day as a successful real estate investor. Imagine how you would spend your money. Imagine where you would live and what your life would look like if you were successful.
If you think it sounds silly or cheesy, get over it. It’s simple mechanics of how the brain works and if you want any level of success in your life, you have to understand how your most important real estate investing tool (your brain) works.
Beth Cody, recently discovered how to get started in real estate investing. You can listen to her story of becoming a successful real estate investor here:
If you’re ready to learn more about how to get started in real estate investing, Click below for a free video from J Massey of Cashflow Diary:
DISCLAIMER: If you visit the J Massey’s Cashflow Diary site via any of the links on this page and subsequently purchase a product from J, I may be compensated.