Between the big paydays and the thrill of closing the deal, staying motivated isn’t something that’s difficult for most real estate investing entrepreneurs. However, in tough markets, when a few deals fall through or your personal life is weighing you down anyone can see their level of motivation dip for a minute. So what’s the cure?
If you have been involved in real estate investing for a while then one great way to stay motivated is to pin up a copy of your biggest check on your wall above your usual work space. This will remind you of your successes and just how great the profits from real estate investing can be. If you are just getting started and haven’t flipped any homes yet then take one of your bank statements and write in a few extra zeros and paste that on the wall as your goal.
Using outsourcing and cloud computing to run your real estate investing business can be a great way to enjoy more freedom and to be able to work from home. However, sitting, staring at the same 4 walls day after day can definitely sap your mojo after a while. Maybe it’s time to actually get out and enjoy your freedom? Hit the beach or the slopes or even better take a short trip to one of your most inspiring dream destinations whether it is Hawaii, Las Vegas, South Beach or LA.
While money shouldn’t be the only reason you are in real estate investing if you got in to enjoy some new toys and a better lifestyle maybe you need to go get a taste of it. Even if you don’t have enough cash to scoop up that new Maserati yet there is no reason why you can’t go take one for a test drive. Or maybe going on a walk through your dream home or splurging a little on a night out is just what you need. Taste it, feel it and then make those deals happen.