The Whole Truth About Real Estate Investing

I know you probably came here looking for a bunch of secret tips and methods that the real estate experts use to make "the big money" in real estate.  Well, while I can and will give you a bunch of good tips, the truth is that none of them are great secrets known only to the wealthy.  I've revealed a bunch of things for you to look out for in the report "7 Traps of Real Estate Investing" but in my opinion, there is one secret that trumps all the rest and needs to be exposed.

The dirty little secret of the real estate investing world is that trainers around the country are selling their courses to people, quite comfortable in the knowledge that less than 5% of them will actually do anything with the information.  In other words, 95% of people will never do a deal and will never even recover the cost of that course, let alone become a successful investor.

Full article… Real Estate Investing's Dirty Little Secret

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It's time to get real.  Let's be honest for a moment and look at the results the average person is getting with the masses of real estate investing information that's available today.  A frightfully low percentage of people that attend the typical real estate investing seminar or bootcamp go on to build a real estate business of any significance.  Why?  According to Brad Wozny, 92% of all investors fail in their first three months.  Why?

Why are people having such problems with real estate investing:

• buying lots of educational products but not having the confidence to use them
• never getting that first deal done
• replacing a practical education with a theoretical one
• hopping from one hot idea to the next
• trying to operate without a business model
• complete lack of focus
• no thought given to what skills are required
• no thought given to what resources are required

That is NO WAY to start a business!!  And that is another key issue here.  We are talking about a business, not a hobby.  And yet most people spend more time planning their annual vacation than they do planning their real estate business.

Full article… Strategic Real Estate Investing: The Missing Piece of the Puzzle?

Technorati Tags: education in real estate investing, getting started in real estate investing, investing in real estate, real estate business plan, real estate investing information, real estate investing strategy, real estate investment business plan, real estate investors, strategic real estate investing