Tuesday, September 14, 2010

The Most Important Step in Real Estate Investing is Taking Action


Create a definite plan for carrying out your desire and begin at once, whether you are ready or not, to put this plan into action

Napoleon Hill could not have said it better especially when it comes to investing in real estate.  Having a strategic plan in business is essential in any economy, but I find a great deal of real estate investors have a desire to succeed and love to learn about investing—BUT they lack taking action.  So I encourage you to map out your plan of action.  Starting today, I challenge you to set your goals and assign daily tasks to complete in order to reach that goal.  For instance, if your goal is to buy your first investment property by December 1st, your to do list may look like this:
·      Get pre-approved for permanent financing
·      Find hard money lenders
·      Look at 5 properties a month
·      Make offers and secure a contract
·      Find a property manager
I encourage you to continue to learn, but most importantly, take action.

To find out more about creating wealth in real estate, visit us as www.memphiscashflow.com.

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