Sudeira Real Estate Investing

Real Estate Investing, Consulting and Education

Posts Tagged Motivation

To achieve your real estate investing goals you must first take action!

Dec 30

Posted by Cliff in Real Estate Investing | No Comments

In this second of three videos, Zig Ziglar talks about the importance of taking action NOW! Too often we take goals like investing in real estate and put them on the back burner, waiting until ‘someday’ to start on them. Common excuses are “I’m too busy” or “the market is horrible right now, next year will be better”. No matter what the situation, if you don’t start today you never will reach your destination!

Take your goals that you should have written down after watching the first video in this series and decide to take action today! There are no excuses why you can’t take that first step now, and it is vital that you do. No matter how small it is, that first step towards your real estate investing goals is critical. If you need help, ask for it! But whatever you do take action this very minute!

Tags: , , ,

The Way to Wealth – Old Words for New Times

Dec 1

Posted by Cliff in Uncategorized | No Comments

There is a lot of talk about how bad things are with the stock markets melting down, real estate markets in turmoil, war all over the place and our government apparently not even listening to us in the least.  To that end I want to bring you some words of wisdom from someone that pretty much everyone can respect.  Read on, and if you have time, take a look at the full text of the book this is from.

I have heard that nothing gives an author so great a pleasure as to find his work respectfully quoted by others.  Judge, then, how much I must have been gratified by and incident I am going to relate to you.  I stopped my horse, lately, where a great number of people were gathered at an auction of merchants’ goods.  The hour of the sale not being come, they were conversing on the badness of the times; and one of the company called to a plain, clean old man, with white locks, “Pray, Father Abraham, what think  you of these times?  Will they not be quite ruin the country?  How shall we be ever able to bear them?  What would you advise us to do?”  Father Abraham stood up, and replied, “If you would have my advice, I will give it you in short; for ‘a word to the wise is enough,’ as poor Richard says.”  They joined in desiring him to speak his mind, and gathering around him, he proceeded as follows:

“Friends,” says he, “it may be the times are bad, but let us see whether the fault is our own.  Our expenses are doubled by idleness, and trebled by pride and folly;, and these can only be abated by our own exertions.  If we hearken to good advice, we may gain something.  ‘God helps them that help themselves,’ as poor Richard says.

…

“So what signify wishing and hoping for better times?  We may make these times better, if we bestir ourselves.  ‘Industry need not wish: and he that lives upon home will die fasting.  There are no gains without pains; then help hands, for I have no lands;’ or, if I have they are smartly taxed.  ‘He that hath a trade hath and estate; and he that hath a calling, hath and office in profit and honor,’ as poor Richard says; but then; the trade must be worked at, and the calling well followed, or neither the estate nor the office will enable us to pay our taxes.  If we are industrious, we shall never starve, for ‘at the working man’s house hunger looks in, but dares not enter.’  Nor will the bailiff or constable enter; for ‘industry pays debts, while despair increases them.’

If you haven’t guessed, this is an excerpt from Benjamin Franklin’s famous work The Way to Wealth.  I encourage you to download the full PDF of this book and read through it.  There are some amazing insights into life and prosperity that still hold true today.

The Way to Wealth – Full PDF

Tags: , ,

What is your motivation for investing in real estate?

Nov 1

Posted by JacquieCliff in Real Estate Investing | No Comments

It is no secret that Chris and I are actively looking for real estate investments.  In doing so, we are working with a great group of real estate investors and recently someone posed the question, ‘why is it you are investing in real estate?’

This is a great question!  Many times our first answer is that we want more money, stable income, retirement money or so on.  That is more of the nuts and bolts of what it is we truly want.  For example, you might tell me that you want to buy enough rental units to generate $1,500 a month in positive cash flow.  But the real question is WHY?

What is it that that $1,500 in cash flow will do for you?  You need to drill down and get to the core of why you want that money.  What will that money change in your life?  Who will it help, what will it allow you to do?  It can be a tough question to answer sometimes.  Your true motivation will almost always have an emotional reaction in your core.

Why is it important to know this?  Because there will come a time when you need motivation.  There will come a time when things will get hard.  You may have just had a seller kick you out for making a tough offer.  You may be needing to go talk to a seller that you know is about to lose their home and are nervous.  There may come a day when you are burned out and want to quit.  That is when you need to have your true motivation clear in your mind.

Do your digging and write down your true motivation for investing in real estate on a card.  Put a copy on your mirror in the bathroom, one on your desk, and one in your car.  You could even put one in your wallet or purse.  When you are wavering and wondering what you are doing, look at that card.  It will give you the push you need to keep going.

This will keep you up and going when other people would have given up. That is often times the difference between those of us that succeed and those who fail.  Write down your true motivation for investing in real estate and use that to keep you driving forward!

So, what is your motivation for investing in real estate?

Tags: ,