How to Have a Major Breakthrough in Real Estate Investing

Are you waiting for a breakthrough in the world of real estate investing? If so, I have a simple formula to help you today.

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What’s stopping you from getting involved in real estate and investing?

You may be waiting for a major breakthrough. I have a simple formula for you to achieve it called TFAR: thoughts, feelings, actions, and results.
If you have good thoughts about investing, you are more likely to move forward. Bad thoughts can stop you in your tracks.

If you feel good about something, you’ll want to do it more often.

If you feel really good about something, you will want to do it more often. If you feel bad, then you’ll want to hit the brakes and not do it anymore.

If you feel good, your feelings will create action, moving you forward to invest in real estate or start a fix-and-flip project.

When you’re thoughts and feelings are good, they guide you to take the right actions. When you take the right actions, you naturally get results you’ve been looking for.

I hope this simple formula helps you. If you have any other questions about investing in real estate, just give me a call or send me an email. I would be happy to help you!

What Are the 7 Keys to Investing in Rental Property?

If you’re thinking about buying a rental property, there are a few questions you need to ask yourself and tips to keep in mind first.

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Want to buy a home? Search all homes for sale.

There are seven things to keep in mind if you’re thinking about investing in rental property:

1. Determine what type of property you will invest in. Whether it be a single-family home, a multi-unit property, a storage space, etc., it’s important to decide which property to invest in.

2. Are you going to stay local or move out from your area?

3. Are you investing for appreciation or a steady cash flow?

4. Location, location, location. Is your investment property next to a restaurant or beach? What demographic are you marketing toward for potential tenants?

Location is key when buying a rental property.

5. How will you pay for the property? Are you paying all cash or are you getting financing? I believe in leverage, so my advice is to leverage as much as you can so you can buy other properties and increase your net worth and cash flow.

6. Will there be any maintenance and/or repairs? If so, will you be able to handle them?

7. What’s your exit plan? Will you trade it up for a larger property and do a 1030 exchange, or give it to your children when the time comes? Or perhaps you want to cash out when the time comes?

If you have any questions about investing in rental property or you’re thinking about buying or selling a home in our San Diego market, don’t hesitate to reach out to me. I’d be happy to help.