Showing posts with label Advanced Investors. Show all posts
Showing posts with label Advanced Investors. Show all posts

Sunday, October 25, 2009

Working Toward Your Goal: Do Something EVERY Day

My title suggests the story. If you want to achieve something badly enough, figure a plan. Make sure that plan outlines your steps clearly. Make sure to have a little progress every day, even if it is just a little tiny spurt.

It is easier to keep momentum moving than to start (or restart) it.

It keeps your mind focused on your goal. Subconsciously, you will think about it constantly.

People will know where to find you. As in most things, real estate investing is largely about networking. You can find people, but it's great when they find you. Make it easy for them by making your presence predictable.

A marathon isn't done in the first minute--not even by those amazing Kenyan runners. Just keep working toward that finish line.

Friday, October 23, 2009

Cool Website: BiggerPockets.com

I don't have much to say, but I am suggesting that beginning and advanced real estate investors check out www.BiggerPockets.com website.

A friend of mine who invests in the Flint, MI Area (a smaller city about 60-90 minutes from Detroit) suggested this site to me.

What do I like about it?

1. It has a lot of articles. It contains articles for beginners and advanced real estate people. There was even an article about REITs in there.

2. It lists properties, but this is probably nothing all that special. It's just a nice touch while you're in there.

3. My FAVORITE part is the forums section. There are several forums, and many are probably very good. However, the one that makes me return to this site is the forum that ANALYZES DEALS. This site contains conversations of people putting out a deal (often with the key numbers attached), and other people comment why it is or is not a good deal. They also mention when they need more information, often citing what info is missing.

Overall, this is a good site.

If someone reads this and knows another similar site, let me know. Please!