Real Estate Investing: The One Thing You Need To Survive This Crisis
According to many consumers, we are already well into a new financial crunch or recession. It only really needs to be a ‘crisis’ if you aren’t prepared to weather it well.
For some these next few months and years will be the most prosperous they’ve ever enjoyed in real estate yet. Others are likely to be wiped out financially, and may struggle to rebuild over the next 20 years or more.
What will make the difference in which of these buckets real estate investors fall into?
It is all about having the right mindset.
It is true that there are many lessons to be gleaned from the millions of investors who failed in 2008, as well as the few who fought through it, survived, and are doing better than ever today.
It may also be true that right now, house prices and even rents are starting to go down, and sales volume is slowing. Yet, it is also the best time to be wholesaling real estate. This is when you’ll find the best deals.
However, you cannot just rely on a five year plan. Or even just focusing on the next deal, or next month. That is a dangerous trap to avoid.
This Is Not A One Round Bout
Entrepreneurship, investing, and money management has often been likened more to a marathon than a sprint.
Even that doesn’t really do it justice. It’s really much more like an endurance race, mixed martial arts tournament, or career.
If you are only focused on surviving or going all out in this one round, then you are unlikely to win the fight, the tournament, or have a very long career.
You are going to run out of gas, get hurt, and have to throw in the towel.
What It Means
You must seize on the opportunities and openings in front of you boldly, without fear.
You also have to be strategic in your growth, and think long term too. Don’t get injured, or risk a career ending defeat.
Get out there and make those offers. Though be flexible in how you reach your financial goals, and how you tackle different challenges in an ever changing market.
Consider the best moves to make to make the most difference right now. While also always keeping an eye on the best moves for ensuring you are setting up your vision for 30 years or 100 years from now.
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"I want thank you for the excellent service I received from Best Transaction Funding.The quick response I received from your company from the beginning of the transaction and to the end was unbelievable. I also want to give a special compliment to you as well. You went to great lengths to keep me informed and gave my title company all the information they needed to complete a successful closing. I cannot express how thankful I am. Such service builds great working relationships. I will definitely recommend Best Transaction Funding to all my fellow investors. Thank You."
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"....a few months back, I happened upon a video, on your site, regarding the use of transactional funding with Hud properties; and I found myself replaying the video over and over because of the value that I saw in the message...it actually explained the process, step-by-step on how to submit a Hud deal by using transactional funding. Once I completed the video, my initial response was to take immediate action by duplicating what I had learned from the video into real time. So I did some research on properties in a market where I knew I had buyers; and put together a hud deal. I then located a realtor able and willing to submit my bid online and within a couple of days, to my surprise, received a call telling me that I had won – my very 1st Hud bid."
"To you I say, ”KUDOS to Best Transactional Funding and Thank you for providing the education and services to Real Estate Entrepreneurs like me. Please keep up the good work!'"
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"You each deserve high marks for your wonderfully quick response time to each of our questions and requests! You hit home runs with us! Your application system was easy to use. Our deal met your qualifications and every time Rob Kozak or any member of Mystic Properties, LLC phoned, we received a "real" person dialing back to speak with us.
Your patience and persistence were exceptional in dealing with our business interests. Thank you for such great customer service! We look forward to working with your staff, again, in the future. We like referring people to you, as us, our team would have missed-out on an excellent earning opportunity.
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- Diane McAdams, Mystic Properties, LLC, Real Estate Investor, Pennsylvania
"Boy, you guys are impressive! I can’t thank you enough for scrambling and getting my deal done at the last minute like that. You and your team were awesome!"
- Donna Bauer, The NoteBuyer Inc., Real Estate Investor, OH
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- Ericka B., Real Estate Investor, CA
