Excuses, Excuses, Excuses…
The theme for this month’s newsletter is obviously “Excuses”. I hear about so many wannabe and even seasoned real estate Investors who make excuses about why they can never get started investing in Real Estate, or why that just gave up because of the market. Those type of Investors will never make it big in Real Estate unless, they do whatever it takes to make it happen! There are so many excuses you can give about why you haven’t accomplished this or why you haven’t accomplished that, but what are those excuses doing for you….besides holding you back. No one is making excuses for you, unless your still hanging around that crowd that tells you…” Yeah, you’re right, that stuff doesn’t work any more…You can’t buy houses in this market..It’s too risky” All that crap their filling your head with.
I’m here to tell all you Excuse Makers (if the shoe fits, wear it) that the longer you keep making excuses, the longer it will take for you to reach your goals. I promise you that. I used to be an Excuse Maker too. lol Well, I still slip up ever now and then, but that’s only because….Nevermind…
Common excuses that I hear in the Real Estate Industry all the time are:
“I don’t have enough money to invest in Real Estate” – You can truly invest in Real Estate, with little or No money down. FYI (it’s not a gimmick!)
“I don’t have any experience to invest in Real Estate” – With all the free information floating around the net (Google), not only that, there are local rei clubs where you can meet other investor, there are mentors, coaches, and all types of individuals that will be more than happy to assist you. If you don’t have experience, then you have to “Leverage OPE” (Other People’s Experience).
“I’ve read all the courses, heard it all, and tried it all….it doesn’t work”- Ok, stop lying to yourself, because if you look at your fellow investors, you’ll see that they’re making it work. That’s proof enough that you haven’t done it all, right?
“My credit stinks….Nobody will give me a loan.”- Whenever I invested in Real Estate, nobody ever asked me if they could check my credit. On top of that, I know if I needed a loan, I could easily talk to Hard Money Lenders or Private Investors. If the income potential is there, you’ll get the money you need, no questions asked. They don’t care about credit, they care about ROI.
“Have you seen the Market! Sub Prime. Ahhhhh!…I’m going to wait until it turns around.”- Give me a break. This is just as good as anytime to invest in Real Estate. The prices are low and that means lots of Equity Growth for you! There are so many strategies you can use. Wholesaling, Lease options, Sub 2 investing, Shortsales, etc. You just have to be a little more creative, but you can still make $$. Or you could just sit around making excuses and let me make all the $$. (just kidding…)
“My partner screwed me over….I don’t want to mess around with that REI stuff.” – Ok, I’m sorry to hear about your partner, but then again….Isn’t it time you stop feeling sorry for yourself? Your partner screwed you over….Ok, get over it! Now it’s time to grit your teeth, get into the trenches, and make something happen! Do whatever it takes. Just be careful this go around and don’t give up!
“I don’t have a big Investor List”- I have 4 words for you…. Consistent Marketing & Consistent Networking. We’ll touch on this subject more in the upcoming weeks. I have some plans in the pipeline we’re I might be implementing a free resource page that you can use to assist you with your list building, networking, and marketing. I’m not sure when though.
Anyway, I could go on all day listing common excuses that people make in todays Real Estate Industy. But, I’m not going to do that. I don’t put money in my pocket by making excuses. I put money in my pocket by obtaining the specialized knowledge to do deals and make it happen!
Every time you make an excuse, think of the following quotes, and try a little harder:
Benjamin Franklin:
He that is good for making excuses is seldom good for anything else.
Gabriel Meurier: Quotes:
He who excuses himself, accuses himself.
Henry Ward Beecher:
Hold yourself responsible for a higher standard than anybody else expects of you, never excuse yourself.
Francois De La Rochefoucauld: Quotes:
Nothing is impossible; there are ways that lead to everything, and if we had sufficient will we should always have sufficient means.
Sincerely,
J.Lamar Ferren
New Breed Real Estate Investor
Ps: Don’t forget to provide me with some feedback. Let me know what you think. Positive and negative about this Newsletter. I’m always looking to improve. Hope you enjoyed it!
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