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EnriqueWil

Well, it happened again. I was driving home on the freeway, and what normally takes me 45 minutes to get home took me about an hour and 15 minutes. Now, to people that live in a life where this is normal, you are thinking quit your crying. BUT, for me, I could have gone to the State next to us and began gambling in the casinos where it is legal for the length of time it took me to get home. It certainly would have been more enjoyable than me cursing my journey home. So, what took so long, of course an accident, and the site seeing people who had to slow us down to a crawl for useless reasons? I am sure you have all experienced it. It's pretty frustrating. You can't go left, you can't go right. You can't get on the off ramps to try to take a side street. You are just plain stuck. Well, a lot of times people feel just plain stuck financially in Real Estate Investment as well and this is something that I think we can give you an off ramp for.

One of the great things we see people doing, on the side, is Real Estate Investment. Some Investors do it full time, which can be exciting. They can dictate their own schedule and what they want to do. They also dictate whether they are going to get a paycheck. We also work with a lot of real estate investors that have a day job. Perhaps by profession they are a plumber, a teacher, a carpenter, or an opera singer (okay, well, I haven't PERSONALLY spoken to one that was an Opera Singer, but doesn't mean that we don't have one that does it for a profession) and they want to do something else on the side to make extra money, which is real estate investment.

A lot of times the "side" money turns into more money than their day job but you have to get started somewhere. When it comes to getting started with real estate investment we always tell our Investors, don't quit your day job at the very first stage of investment. It isn't like that sarcastic joke you used to tell as a kid when someone is singing terribly and you tell them not to quit their day job. Seriously, keep your day job, keep some income coming in. Eventually, you might get to the point where you can leave your day job but today is not the day to do it. The first time you start a property rehabbing isn't the day to quit your job. It's the time to work extra hours and get it done faster. That is one of the most important things in Real Estate Investment.



There is the story of the Vikings who end up going to a village on a new island to conquer it. When they show up, they get off the ship, and the captain goes to the ship and burns the ship into the ocean. He looks to his people and says we are going to win this war or we are going to die trying. There is no other option. It is often referred to as burning the ships, daring, but dumb indeed!

When it comes to having different avenues, keep your options open; just like being stuck on a freeway in the middle of traffic when you are going less than two miles an hour. It certainly would be nice if you can get access to an off ramp or certainly would be nice if there is fast lane you can move yourself into. We think options are important and when you get started as a new real estate investor it is important to keep those options open, keep the freeway rolling and have opportunities based upon many different levels. This is the best thing about Real Estate Investment!

So, don't crash and burn on the freeway to financial success as a Real Estate Investor. Go the speed limit and you will still get to your destination, just without the speeding ticket.








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