Test How to Unlock Your Vault to Investment Real Estate Success
Before I reveal the nine test questions to your vault to investment real estate success, we need to discuss why testing is a critical component to creating success.
Success is achieved through testing.
Testing is a step most folks skip when they implement a plan.
What is Testing:
Testing definition, the means by which the presence, quality, or genuineness of anything is determined; a means of trial. See more
My goal to help you test your investment real estate interest and commitment.
Nine Foundational Questions to Guage Your Interest In Investment Real Estate
- Do I know the meaning of investment real estate?
- Is investment real estate part of my financial portfolio vision?
- How would investment real estate fit into my overall financial portfolio?
- Can I implement the idea of purchasing investment real estate successfully?
- Will the idea of investing in real estate get me closer to my financial goal?
- What is the payoff of investment real estate?
- Do I know several people who have implemented a strategy of purchasing and supporting investment real estate creating excellent results?
- How can I afford investment real estate?
- Best for Last ( Keep reading)
Several “Yeses“to these questions show you have interest in investment real estate.
The more “Maybes,” the better; it shows you are prepared to spend time testing your knowledge in the area of investment real estate.
A combination of test questions opens an investment real estate trial and your answers will show you have the determination to put a plan into action.
Education is critical in any area of finance.
Take time to read my blog posts and articles under the Media Tab or listening to my podcasts and guest podcasts to understand the role of investment in real estate in your financial portfolio. http://www.vaulttoinvestmentrealestatesuccess.com
By testing your area of expertise in real investment estate, you will appreciate the payoff and return.
Don’t sell yourself short on what you may already know; if you own a primary residence, you have a certain level of skill set regarding investment real estate.
You are purchasing a home for someone to rent; remember there are millions of renters in this world and most of us started out renting our first home.
My Dad was in the armed forces and one day on a long road trip together we discussed how many homes as a family we rented before my Dad and Mom bought their first house. We lived in 21 different residences in the first twenty-one years of my life before my folks got their own home.
My folks were great tenants and always treated each rental home as if it was their own.
Remember my Dad’s story from an earlier blog; enjoy this great story if you need not get a chance to read. There was No Life Like It. Dad’’s Double Duties; Payback of Investment Real Estate
Getting someone to rent and then afford you the revenue through their rent cheques to cover all your costs as an owner including principle paydown; what an incredible investment vehicle.
The Final Test Question – The Decision Investment Real Estate Test Question
Can you name any other investment in your financial portfolio that someone else covers the entire cost of your contribution?
I didn’t think so.