1. Takes Action
Yes, it is important to invest in your real estate education. You want to know what you are doing before you go out and put money on the line. However, if you don’t pull the trigger and take action you are going to miss incredible opportunities and will never realize the amazing financial rewards to be had from real estate investing. So, get a get foundation of real estate education and get out there and do deals on a daily basis!
2. Sales Skills
If you are cringing at this one and starting to worry you may never cut it in real estate investing because you really don’t see yourself as a natural born sales person or a great communicator, relax. Yes, sales skills are essential as a real estate investor, however great sales people are made everyday. A good real estate education course can give you the systems you need in order to develop better sales skills for real estate investing. If you are already an experienced sales person you should find real estate investing easy. If you do not feel that you are, that’s OK. Go and hire someone that is great at face to face or phone sales. However, these days you will also find that a lot of the sales skills you need are more about strategy and can be communicated through email and fax.
3. Work Ethic
Yes, you may have gotten into real estate investing because of the promise of quick and easy money (which there is plenty of). However, when you are starting out it does take a good amount or work and hours. You cannot be successful at real estate investing and be a procrastinator. You will lose deals and you will lose money. Be ready to put in some serious hours to make real estate investing work for you at the start. Though don’t worry, as you grow you can hire others and create a system that runs itself.