You don't have to do everything

You don't have to do everything

Any time you go through a program, or try to learn from a book, there are multiple strategies given, and multiple techniques that could be employed by the average investor.

The normal response to all of this information is somewhat subliminal. In the back of your mind, you think, "In order to be a successful investor, I have to master all of these techniques, and know all of this information before I can do anything."

Although this is a normal response, it is completely incorrect. Sometimes you just need to master one simple process, and you may be wildly successful. For example, some investors focus solely on foreclosures, or probate properties, or tax liens. For me personally, I don't like to focus on any one strategy, because I get bored and like to do other types of projects. But for some investors, it works just fine, and it limits the amount of information they have to absorb.

Another example is in the lesson material. There may be 6 methods given to build your buyer's list, but you may find that your strengths and personal attributes are directed at only one or two of those methods. That's ok. If it produces results, that's all that matters. Personally, I have never put up a bandit sign. However, to compensate, I am constantly on the phone with people in the industry trying to set up deals and find money sources. It all depends on what works for you.

I just don't like seeing people stagnating in their real estate because they feel like they don't know enough, or that they don't have enough time to do everything. Just choose one or two things you might be good at, and hit that hard. It's much more important to get something going, and to start making contacts, than to worry about what you're not good at. Choose the things that accentuate your strengths, and knock it out. It may be that the only thing you ever do is talk to agents. As long as that gets you results, that's fine.

Just be prepared to change things up, and stretch your horizons as you go. And always be willing to try new things. Start with your strengths and your comforts, then move to the next hardest thing, and so on. Soon, you will master multiple strategies, but you will have been making deals and having success along the way as well!

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Great post and many valid

Great post and many valid points about looking too much into it thinking you have to know everything all at once in order to succeed with REI.

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John 14:6


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