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2006 Your year for success!
| | Friday, January 20, 2006 @ 08:02 AM EST
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Contributed by: John Michael
John Michael Properties
Read more archived articles about Managing
2006 Your year for success!
Do you want 2006 to be your year for success as a real estate investor?
It is my hope that you answered yes to the simple yet challenging question.
What does it take to be a success?
Let me share with you my thoughts on this and what I did to turn my financial life around from living pay day to pay day to living large and having fun in the process!
One most important factor to becoming a success in real estate is knowledge!
Many years ago I sat down and took an evaluation of my life and this is what I came up with:
I worked hard
I made money for my employers
I had nothing to show for my efforts but employer awards and a paycheck that kept me struggling to survive every week.
Taking this into account I asked myself why have I allowed myself to be in this trap and what can I do to turn this around in my favor?
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So I set out to make myself a success in real estate by taking several steps as follows:
I took a class to teach me how to read faster at a local community college
I took classes on real estate such as;
Principals and Practices
Real Estate Contracts and Law
Escrow
Finance
Real Estate Math
Principles of Real Estate Appraisal
Real Estate Financing
Contract law
I went to the public library and read everything I could find about real estate investing since I had little funds available.
I started to purchase used books and cassette tapes on real estate investing from yard sales and used bookstores on real estate investing.
I did a few deals so I took some courses on real estate investing from:
AD Kessler - Al Lowry - Bill Bowen - Bill Bronchick - Bill Gatten - Carleton H. Sheets - Charles Givens - Claude Diamond - David Finkel - Ed Beckley - Ernie Kessler - I.G. Williams - J.P. Vaughan - John Adams - John Beck - John Behle - John Burley - John Locke - John Schaub - John Ulmer - JP Vaughn - Lance Young - Larry Burkett - Larry Holder - Larry Pino - Lonnie Scruggs - Robert G. Allen - Robert Irwin - Robert Kiyosaki - Robert Shemin - Ron LeGrand - Russ Whitney -Ted Thomas - Wade Cook - Wealth Builders - Just to name a few.
Ten's of thousands of dollars later I had so much knowledge that I thought my head would burst and on top of it all I was scared to death to step out and do what I had learned so I got another job and the living paycheck to paycheck continued until a dear friend asked me how long have I been stupid.
Yes he upset me greatly but he helped me pull my head out of the lower part of my body and I started to put action into what I've learned about real estate investing.
When it was all, said and done I turned my life around from living paycheck to paycheck to being worth millions!
So ask you're self-what are you willing to do to become a success.
How much time are you willing to spend to become a success?
What are you willing to give up to become a success?
When you do become a success what are you willing to do to keep your success?
I have found out the hard way in life that the more knowledge I acquire the stupider my competitor gets!
Life as a real estate investors has been good to me!
It allows me to provide for my family
It allows me to donate time and money
It allows me to help others
And best of all I no longer live paycheck to paycheck!
Note: John Michael is the author of many guides that can help you become more successful as an investor. See http://www.thecreativeinvestor.com/ChanPart-JohnMichael.html
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