Have you ever noticed that there’s more to “figure out” with real estate investing than you could have ever possibly imagined?
It’s easy to see why so many people “think” about getting started but don’t actually manage to.
If you feel yourself giving up on the whole idea perhaps the information here can act as a tiny guide to nudge you along your journey.
#1: All Distractions Must Be Eliminated
With real estate there is always more to learn, new spreadsheets to figure out, new cash flow numbers to analyze, net operating income analysis to do, research to complete, lawyers to call, accountants to email, projects to start, projects to finish, inspectors to follow-up with, mortgage documents to check, spouses to convince, friends to debate, media to ignore, bank accounts to set up, websites to create, blogs to update, emails to read, classes to attend, books to read, ads to place, calls to make … ah!!
And if you manage to stay on top of this for one day, it’s all back staring you in the face the next.
It’s a never-ending race that leaves you gasping for air.
The only way to silence the hissing noise of distraction is by cruelly and remorsefully cutting out the clutter.
You need to declare all-out war on it.
You only have so much attention. Attention is like a prized commodity with a twist.
Once it’s used up it’s gone forever … it can never be replaced.
You must treat your attention as if it the most valuable commodity on earth.
So the key to extracting the most value from your attention is by training it to focus on the few tasks, the few activities that make you money.
#2: Crucial Activities Must Capture Your Focus