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How to Breakthrough to be a First Time Investment Real Estate Investor?

Breakthrough to Become a First-Time Investment Real Estate Investor

6 Must-Have Qualities

For over 15 years I have been mentoring, advising, and coaching first-time investment real estate investors and there are six distinct qualities I have found in my most successful investment real estate investors.

Some of these must-have qualities taught and some you are born with as part of your DNA.

I continuously hear educators talk about anything can be taught given the right teacher or educator.  I admire these educators, and I give them all the credit in the world for taking on all students no matter their capacity to learn.

Over the last several years I have pledged myself not to take on any students who are not predisposed to either learn the qualities that can be acquired and have the other attributes in their DNA.  I look for 6 must-have qualities of an investment real estate investor.

“When the student is ready the teacher will appear …

This saying has many origins and variations; I hope to guide you on your investment real estate journey and help you recognize;  you have or don’t have the desire to become an investment real estate investor.

I recently finished a workbook and planning guide for an online course I have in development.  The workbook and planning guide has gone through its final edit and now in the hands of the graphic designer.

The great thing about this workbook and planning guide is I have been developing the course based on working with a client and student to have him purchase his first investment real estate property. (Here is a link to a podcast talking about my client and student’s journey; On the Move with Alex; The Journey to Investment Real Estate  Give this podcast a listen and see if you are going through the same thought process regarding investment real estate as Alex.

6 Must-Have Qualities; of an Investment Real Estate Investor

  • “Gut-Feel”;  if you feel you have not been going down the right financial foundation path, but you have a good feeling investment real estate will get you there; follow your gut.
  • It Takes Financial Purpose; you are developing a clear definition of your financial purpose, and investment real estate is part of your foundation.
  • Entrepreneurial Mindset; you recognize investment real estate is a small business, and you need to hone your small business skills.
  • Knowledge Acquisition; you know what you know and don’t know about investment real estate and have a desire to source a method and process to help you purchase your first investment real estate property.
  •  It Takes Time; not only is the success in investment real estate a “Long-Term Buy and Hold” strategy; you need to know it takes time to develop the investor skills and knowledge.  No one became a professional in their field without years of learning and practice.
  • It Takes Action.  How do you run a Marathon?  One Step at a time. Taking the first step or act is the same as becoming a first-time investment real estate investor; you need to find a process that outlines a process requiring you to act, purchase and rent an investment property in a defined period.

Remember; a Marathon is a long distance run; it does end at the 42.2 Kilometer Finish Line. 

If you have an underlying interest in building investment real estate into your financial portfolio; please send me a message or sign up through our contact page and I will ensure to keep you in the loop on the online course development.  There will be a portion of the online course opened up for a Free Trial.

All the Best in your future financial endeavours and scroll down to send me a comment.

Warmest Appreciation,

Rick

About the author, W. Rick

Dynamic entrepreneur and sales management strategist; with over 20 years of experience in his field. Rick has achieved multimillion-dollar sales growth while providing award-winning sales leadership and coaching in highly competitive markets.

An active real estate investor since 2002, Rick has developed his purchasing strategies and processes specializing in vacation and recreational properties, single-family homes and condo rentals.

In 2005, Rick re-financed his first rental property to fund the purchase of more positive cash flowing rental properties.

Rick sits on the Board of Directors for several condominium associations and is an active President and Treasurer. Sitting on these boards has given him a wealth of experience and insight into working with property management companies.

Rick has partnered with several joint venture associates and is committed to creating a positive investing experience for his associates by finding the properties, developing the investment, securing the financing and executing a proven positive cash flow system.

Why should you choose Rick as your Online Vault to Investment Real Estate Success Advisor?

An outstanding mentor and coach, Rick will work with you to build your investment real estate business starting from the foundation. From guiding you through the market research and critical drivers, building your team of trades, realtors, and lenders to attracting the investment real estate properties right for your portfolio and the joint venture partners to help you grow.

Through direction and training, Rick will help you develop your investment real estate goals and be a catalyst for you to purchase your first investment real estate property so you can build a strong financial foundation unlocking sustainable wealth and a living legacy for you and many generations to come.

Thank you for taking the only asset that gives us so much through life, but we can never get back our time.

Please join Rick on living his mantra:

” Prosperity for all aspects of your life forever.” W. Rick Harris

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