Whether you invest in long term rentals, rehab homes, buy real estate notes, or use some other strategy, it is important to know why you do what you do in your real estate business. Now, I suspect that there are some who wonder why I am writing about this and why they are even reading this They think that it is obvious because they see only on the surface of the bills at the end of the month or the balance in their bank accounts. When you get right to it , I believe that there is a “why” behind what you do in your real estate investment business. You do it for more than just to pay the bills or to see more money grow in your accounts.
Perhaps your “why” is a goal or dream you or your family have. Perhaps it is the hope to retire by a certain age as you create passive income… to take a dream vacation to a place far away… or to purchase a second home in a beautiful place. Perhaps your “why” for your real estate business can be captured in a picture of family members- your children who aspire to go to college… or a family member who you are caring for… or grandkids who you hope to create a legacy.
Remember your “why”. Let it be your motivation and the cause you work for. When your business gets difficult or you get weary, find strength in remembering your “why”. Best wishes in your real estate pursuits.- RLW
