Tips On How To Profit In Real Estate
I'm going to tell you a quick story about something I learned when first playing tennis, a story that is also one about how to profit in real estate.
In life we tend to think that things are very linear, that they move in a straight line, and when we devise our blueprint of how to profit in real estate we inevitably use that linear, straight line thinking.
The problem with thinking like that is that it’s not really based on reality.
Learning Tennis And How To Profit In Real Estate
The baseline of the tennis court is the line at either end of the court, the one that runs parallel to the net.
Court coverage is a must-have in tennis, especially when you’re playing singles. You’ve got to be able to move from one side of the court to the other pretty quickly, before the ball gets there.
=> Learn How To Make Money In Real Estate Investing
We’ve been taught that the shortest distance between two points is a straight line (there’s that linear thinking again).
And as the crow flies, that’s true.
But that’s not true in tennis.
I’d been struggling with my baseline court coverage, and was having trouble moving quickly enough from one corner of the baseline to the other.
I was moving fast enough, but for some reason either the ball kept getting past me, or I’d get jammed by the ball, either way missing the shot and losing the point.
There Is No Such Thing As A Straight Line Profit In Real Estate Or Tennis
Then my coach pointed out the obvious.
What I was trying to do was to move in a straight line from one corner of the baseline to the other. My mistake was to neglect the angle of the ball, as if I were playing in some kind of vacuum.
You see, in tennis, when the ball is hit to the baseline it goes deeper in the middle of the baseline and more shallow at either corner.
So to get to the ball in time I actually had to move in an arc and not a straight line. If you’re not a tennis player, picture a big ‘U’ at the bottom of the court.
Just as I wasn’t stepping my way along the baseline, most people trying to make money in real estate investing do not take a step-by-step approach.
=> Learn The 5 Steps To Make Money In Property Investing
They try moving in a straight line, and to their dismay discover that the line leads to . . . nowhere.
Step By Step Profit In Real Estate
Sorry if I burst your bubble by saying this, but real estate wealth is not created out of thin air.
You need to religiously follow a strategic, well practiced step-by-step approach to making money in real estate investing. That is how to profit in real estate.
Here are the five steps to take to profit in real estate:
- Education
- Planning
- Creativity*
- Learn From Your Mistakes
- Find A Mentor Who Will Give You Trusted Advice
If you’ve been studying our real estate wealth fast articles you know that we cover the above five steps in detail on this website, so I’m not going to waste your precious time by doing it again here.
Jeffrey Roark
Learn To Make Money In Real Estate
How To Build Your Real Estate Wealth
No comments:
Post a Comment