It is every real estate investors dream to buy a bunch of property, rent it out, and retire. Never to have to work again. Many people want to know if that is possible. The short answer is "yes". All of my friends watched me go from an insane real estate investor, working a full time job and crazy hours, to one day being retired and working very, very smart. My secret? I don't want to be the magic! It seemed to most of my friends to happen overnight, but the reality is it took about a year. Anytime I am doing something I don't like to do my goal is two-fold. 1. The first thing I do is try to figure out how to get someone else to do it for me and do it just as good if not better than how I do it. 2. The second thing is how to get that person to do it for free! Yes, I want my cake and eat it too! If those two things are what you think about most you will have a lot more of 2 things.
1. more time
2. more money
It sounds simple and it is simple because it has to be simple. Focus on those two things everyday and you will have more time and more money, I guarantee it. Now, I can hear everyone thinking "that's not possible". Let me give you one example. When I figured out that the number of low offers you put out was directly related to the number of offers accepted my world changed. The problem was it took me a lot of time to submit 25-30 offers a week. And then it was even harder to keep track of all of those offers and follow up with them a week or two later. My agent Star didn't like it very much either. I told her I wanted to start submiting all verbal or emailed verbal offers. That saved me a bunch of time not writing up every single offer but, I was still spending a lot of time on the back end doing the follow up and trying to keep track of everything. I was working way too hard. I came up with a plan. I sat down with Star one day and asked her to hire an assistant to help organize all of these offers and do follow ups. Yes I actually asked her to spend money to help me increase my business. When I showed her on paper that if she did this I would have the time to buy twice as many properties which would double her commisions she jumped on it. Still to this day she says it was the best money she ever spent. I saved my time and my money and I doubled the output of my business! Now I have more time and more money. That is just one example of many. Always be thinking about those 2 things and your business will explode. Get it done!
You've got to find your obstacles and call them out! Unsheath the sword, and do battle with whatever it is that holds you back!