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Category: Business Strategies Current Grade: A Total Views: 993 Member Comments: 7 |
Posted on: 03/20/2008 Posted by: RealEstateInvestor Blog Points: 503 View all blogs >> |
We are in the Real Estate Investing business. No matter what methods we utilize to make our profits we are running a business. Some of us are small and new, some of us are quite seasoned in the business with many successes and likely a few mis-steps along the way, but we must be business minded to succeed. It's fine to enjoy and have fun with the business, however we must also keep in mind we are not investing in real estate as a hobby. If a Hobby is what you want, I don't recommend this business. Please consider stamp collecting, baseball cards, model railroading, or come up with your own. But don't invest in Real Estate with a hobby mentality.
Be Smart, Learn all you can, Remain humble, Share your knowledge with others, and run your real estate business like a business. I believe the people who say real estate investing is too risky or isn't one of the greatest businesses available yesterday, today, or tomorrow are those who are either uneducated, ignorant to the opportunities, prejudiced by a previously poor real estate investment decision, or just plain too lazy to take the time and energy to learn the business, the real estate investing business.
So the next time someone walks up to you and asks what type of business are you in, you should confidently say, "I am a real estate investor, I am in the business of investing in real estate. It's a great business. I love what I do!" Remember to be polite, smile with sincerity, say thank you for asking, and offer your business or contact card.
Best of success,
Joel
(This is my first blog here so please be gentle on the grading.
, just kidding. It's ok, grade away to your liking.)

The Key to knowing of it's a hobby or Business is if and how well it pays You. Of course Learning curve aside. However Nobody should ever stop reaching for there Goal because that is the only way you'll get there. I can't see where to grade here but I would have given you an A. Thanks for the great Read:)
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Take care,
Joel