Then, after making this initial commitment, make a daily time commitment to your investing. It would work something like this. Repeat out loud in front of your spouse, family member, friend, or significant other the following declaration: “I am a successful real estate investor.” There, that wasn’t so hard, was it? Obviously, just saying you are a successful real estate investor won’t make you one.
You have to do something. We are going to help you do something. You are already doing something by reading this book. Now make a daily time commitment to your real estate investing based on your prioritized goals sheet. For example, if one of your top two or three goals was to make one real estate investment a month, you can develop a timeline to make this happen.
Start with the completed deal at the end of the month and work your way backward to the beginning of the month. You have to find a good deal, negotiate contracts, close escrow, market your deal, find a buyer,negotiate a contract, and close escrow.
We recommend you do something every day in real estate. Some days you will spend 15 minutes looking at real estate ads. Other days you will spend three hours negotiating real estate contracts. Of course, in this book we are going to show you how to shorten this timeline.
More about that later. The key is doing at least something every day to get your real estate investing started. We promise you that if you will make a 30-day commitment to do something real estate investing–related every day, you will have done your first deal or be right on the verge of doing it.
Now that you have decided on your goals and have a better understanding of the real estate market and your financial position it is time to take the next step. In Chapter 2 we will show you exactly how to find a good deal and what to do about it.
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