It's 100% possible to make some real wealth, even get rich in real estate investing. Whatever your definition of "get rich" may be, you can accomplish it with real estate. There's an opportunity to earn both monthly passive income and large chunks of cash months after closing on a property.


 

But you need to know what you're doing.  Beginners tend to make lots of mistakes.  There are four important differences between an amateur real estate investor and a real professional.  So far, we have discussed about having a constant presence, yard signs and massive action - today we will finally discuss taking responsibility.  These four actions could mean the difference between selling a property at a loss to rid yourself of it or making very healthy returns.

Taking Responsibility

Professional investors ask questions about all situations and then adjust their approach immediately based on their learnings.  Amateurs point fingers.  Professionals take responsibility.

 

The amateur investor focuses on everything but themselves.  The pros will always be asking themselves questions:  am I getting the proper number of leads from my advertising in the paper?  Can I word my ads better?  Is my yard sign visible?  Can I improve the street appeal?  What is the feedback from the tenants who have been through the house?  Am I pushing people away with a hard pitch to rent out the home? Are my price points set properly?  Am I doing a good enough job explaining the price and the value?  Where are people coming from to view the property?  Can I advertise more in that area specifically?  And they will take these answers and turn them into the massive action required to complete the job.

 

Remember, anyone can do anything up to 90%.  It's the pro who takes it all the way.


 

To get rich in real estate investing you have to become a pro.  Will you?


 

If you feel that these lessons were helpful and you would like to put them into action, I would love to help you on your real estate investment journey.  I have years of experience helping people who are looking to increase their personal wealth.  

If you are a novice investor and want to avoid the mistakes that beginners tend to make, then I can help you.  

Thanks For Reading Today’s BLOG!

Brian Kondo
Sales Representative / Team Leader
The Brian Kondo Real Estate Team
Re/Max Hallmark First Group Realty Ltd.
905-683-7800 office
905-426-7484 direct
brian@briankondo.com
www.BrianKondo.com
www.BrianKondoTeam.com

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