Real Estate Investing Made Easy For New Investors

Real estate is a business, not a profession. Real estate is sometimes inaccurately spoken of as a profession, but it is essentially a business. A profession applies science, art or learning to the use of others, the profit to the professor or person applying it being incidental; whereas a business is engaged in primarily for profit, and the profit is to the one engaging in the business.

A profession implies professed attainment in special knowledge. REAL ESTAE INVESTMENT is where a person may engage in business with or without special knowledge and no one else is concerned with the question whether he has any knowledge of the business, because no one else is affected by the result. If he is successful the rewards are his; if he fails he bears the loss. But let him attempt to practice a profession and, if he be unskillful, others are directly affected, and the fact that his reward is diminished thereby is merely incidental to the fact that others suffer.

REAL ESTAE INVESTMENT Ethics of the business.-But whether real estate be a business or a profession has no connection at all with the body of ethics governing it.

Perhaps you work at a 9 to 5 type job and perhaps you think you

don’t have the time or money to seriously pursue real estate

investing. The difference between those that want and those that do is passion. REAL ESTAE INVESTMENT You learn, you

explore and as the passion for investing builds, it becomes a part

of your life. It really doesn’t matter if it’s a seller’s market, a buyer’s market or if people have said it won’t work in your area. You, and only you, are the one whomakes it happen or not. No one can do it for you and there are no”magic” solutions or methods, it’s hard work, but can provide the

freedom and rewards almost everyone desires. This is written for

those who want to change and would like a little help to make it

happen. SUCCEEDING AS A REAL ESTATE INVESTOR All walks of life have a lot in common, such as: a positive attitude, drive, discipline, and courage. People who are financially successful know that real estate represents the best of all possible investments.

Historically, real estate values have gone up faster than the rate of inflation.

The financial benefits of investing in real estate are many-including income, growth, tax advantages, leverage, and other benefits that alternative investments don’t provide. Real estate investing provides personal benefits, too, such as pride of ownership and control of the investment.

The characteristics common to successful people.

Why investing in real estate is preferable to saving or making other kinds of investments.

The financial and personal benefits that come with real estate investing.

When you complete this lesson, you will be able to:

Identify successful people’s characteristics and take steps necessary to develop them in your own life.

List the advantages that real estate investing offers compared to your current investment strategies.

THE CHARACTERISTICS OF SUCCESS What makes a person successful? Why is it that some people seem to live lives filled with triumph and achievement, while others fail at most of the things they do or at least don’t succeed to any great degree? Have you ever asked yourself those questions? I have. And the answers are very revealing.

I don’t believe that anyone is destined by fate for success. I also don’t believe that success is reserved for those with a fortunate heritage or who grow up in an enriching environment. In short, it’s not a private club for those who just happen to be born wealthy, intelligent, or attractive. Human history speaks to the fact that success is available to anyone who can overcome his or her shortcomings.

Ideal Investor

In addition to balance and education, the ideal investor possesses a set of well-thought-out goals that are committed to paper and are firmly entrenched in his or her conscious (and perhaps even subconscious) mind. This role model is a good decision maker and knows where to turn for help or to get information to assist in decision making. He or she also has a keen grasp of the moral issues involved in life, particularly those that involve real estate investing, and is very much oriented toward a win/win philosophy.

Finally, the ideal investor is self-confident-not the defensive, superficial self-confidence that many people hide behind, but the genuine self-confidence that comes from knowledge and wisdom, and the conviction that he or she is doing the right thing morally, ethically, and spiritually.