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Remember how in January last year, you were psyched about 2013? Did you follow through on your plans to renovate, purchase additional properties or cash out equity, or is your financial situation pretty much the same as it was in January of this year?
If you were able to do everything you planned, congratulations, that’s a job well done!
If not, that’s fine too – I’ve seen this happen to many smart people over the years. There is so much to learn about investing in property that it can be overwhelming so as a result we often do nothing. The good thing is that it’s never too late to get started in property investing!
Begin by taking stock of why you were unable to follow through with your goals for the year. For many of us, it’s not because we’re lazy – it’s because we’re stuck, not knowing where to go or what to do first.
All of this confusion and uncertainty leads to inaction, which will obviously get you nowhere.
This is The Year
In all my time investing in property I’ve never met someone who wishes they had never begun investing in real estate. I do meet plenty of individuals who regret not purchasing 5, 10 – even 15 years sooner.
Sometimes all it takes is a little bit of encouragement from somebody to help us move closer to our goals. Once you have some education under your belt, and a great team of professionals behind you every step of the way, you’ll experience the thrill of achieving – and perhaps even exceeding – your goals for the new year.
Listen, if you didn’t get what you wanted done in 2013, don’t let 2014 be a repeat performance. Take action now. If you need more education, get it. If you need to expand your network, then do so. And then, finally, take the plunge, get out there and in the immortal words of Nike, “just do it”!