Real estate investing isn’t always easy.
In fact, it can be pretty tough to stay motivated when you’re working on a particularly difficult home, having a tough time selling a property that you know is a great deal, or you’re in-between investments.
So what can you do to stay on your game, even when the game isn’t working out the way you want it to?
3 Ways to Stay On Your Game as a Real Estate Investor
While it sounds like a cliché, surrounding yourself with people who believe in you—and in your abilities—is one of the most important things you can do as a real estate investor.
This is true whether you’re brand-new to real estate investing or you’re a seasoned veteran.
Other than that, here’s what you can do.
Motivation Tip #1 for Real Estate Investors: Engage in “Dream-Building”
As a real estate investor, you have goals… but have you written them down? Have you thought about the end result of reaching those goals?
It’s always a good idea to remind yourself where you’re going to be after one more transaction, five more… even 100 more transactions. If that means cutting out a picture of that new sports car or an island getaway in the Bahamas and keeping it in your wallet, go for it.
Motivation Tip #2 for Real Estate Investors: Keep Track of Your Time
You might be surprised if you take an objective look at where you really spend most of your time. Try this: keep track of your time in 15-minute increments. Once you see how much you’re actually able to accomplish in just a quarter of an hour, you’ll be amazed at what you can do in a larger span of time.
Motivation Tip #3 for Real Estate Investors: Never Stop Learning
Make sure you’re learning something new or making a new connection every day. Every single day! Sometimes changing gears from actively solving to learning something new can make a huge difference in what you get done—and that new knowledge will sit in your vast reservoir of real estate investing know-how until you need it someday.
Do You Need a Hard Money Loan in Atlanta?
If you’re looking for a hard money loan in Atlanta, we may be able to help you.
Call us at 404-814-1644 or contact us online to find out whether you might qualify for this type of funding. In the meantime, check to ensure that you meet our loan criteria. Our loan amounts can be up to 65 percent of the after-repaired value of the collateral—and if you use the loan for renovation or construction, the loan amount can be based on the collateral’s improved value.