Realty411 Magazine The Best of Realty411 - Learn from Our Past Issues | Page 46
WHAT IS YOUR WHY?
B y G r a n t T r e v i t h i c k
Are you interested in becoming
a real estate investor?
Do you want to be your own
boss? Wouldn’t you rather keep all
the fruits of your labor for
yourself, instead of making some
company rich? Do you want the
freedom of owning your company,
working whenever you desire?
Most of us have watched the
TV shows of other people buying
and flipping houses. It is amazing
to see that someone can search an
entire city, find the property they
want, do the research to determine
what the offer should be, negotiate
the deal to purchase the property,
secure the financing, close on the
purchase, prepare the repair
budget, do all the repairs, market
the property, find the buyer, negotiate
with the buyer, and negotiate all
the requirements to finally get to
the closing table. It is amazing that
each of these investors do all this
in only 50 minutes, with three to
four commercial breaks, and always
seem to make a lot of money out of
each house.
Wow, if it were that easy, I would
want to jump into the game as well!
It surely would beat having to get
up each day and head into an office,
attend meeting after meeting, make
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nice with an incompetent boss, do
all my work, and then go home and
do the same thing every day for the
rest of my life. That does not sound
like fun… so perhaps we can escape
this trap by being a real estate
investor. After all, I can make as
much money as I make in a year
doing three to four houses, at least
according to the television shows.>
The reality is there
are two types of real
estate investors: the
normal real estate
investor and the
successful real
estate investor.