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Wednesday, May 15, 2013

Investing in Real Estate? I don't know the first thing about it....

Let's face it.  We're all going to get older, and none of us will make it out alive.  But what we can do before we get all the way to the point of getting excited about AARP discounts, early bird dinners, or vitamin sales at Walgreens, is plan!  Not in the morbid sense of investing in a burial plot.  I mean something completely different, but still in the same lines of investing in real estate!

You can start working on your PASSIVE income.  Passive income is simply, and income you get without going to work.  In my case, it's income from rental properties and other investments.  It's truly a great feeling to wake up in the morning with the freedom of knowing that all my bills are paid, and I don't have to go to work if I don't want to.
I get that there are challenges, no matter what age you start.  But the important thing is- START!  Have very little money?  Little life experience?  Love to shop or vacation?  Loads of student debt?  Poor credit?  No like minded people around to bounce ideas off of or ask questions?  I can truly relate!  My goal with this blog is to share some of the light at the end of the tunnel, and share the knowledge that I've discovered (for free!!  This is NOT a get rich quick scheme, and you DO NOT have to send in 3 easy payments of $59.99- but you're welcome to!!)  Many people my age face the same problems, and I wasn't any different.  Instead of focusing on what we don't have, let's focus on what we do have and how we can START!
Are you motivated?  Does having a passive income sound good to you?  Can you create an attainable goal for yourself?  It seems like the older I get the more complacent I can become and easier it is to "settle" for something, rather than really work for what I actually want.  It's a different mindset to actually do it.

I'm sure you're savvy enough to navigate the internet, use spreadsheets and listen to podcasts.  There is a wealth of information on the internet and other resources as far as periodicals, books, podcasts, audio books and entire websites and forums dedicated to educating people on how to successfully invest in real estate.  Utilize it.
Time is definitely on your side.  Whether you're thirty years old or thirty years young, you have plenty of time to plan it out and crush it!  Chances are you're not facing retirement in the next 5 years, so you have plenty of time to plan and do your research to become a millionaire real estate mogul!
If you've read this far, you're interested at least in what's next, right?  Check out my next blog for some insights on investment strategies!  Give me a call to talk about investing in real estate more!  Jacksonville, North Carolina is ripe with investment opportunities and I'd love to be your resource!  


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