Today I want to talk about the various modes of real estate investing. Over the last few years, I’ve realized something I really didn’t understand in the beginning. I would read or hear real estate success stories online and on podcasts, and each time I would think that that investor had the answer, or understood the definitive way to work in real estate. We call this the shiny object syndrome. Eventually, I realized that there are countless ways of doing this business well.
There’s no right way to do real estate. Being successful in real estate is usually a means to an end–maybe you don’t want to have a 9 to 5 job, or you want financial stability. Every technique you hear about is valid in terms of helping you reach that goal. That’s exciting! There are a million ways to do this and you don’t have to do it somebody else’s way. There’s value in finding someone who’s successful and modeling your path after them, but don’t think that the success story you happened to hear about today is the only way to do it.
It’s all about persistence. You don’t have to discover the one right way to do it; any way will work, as long as you stick with it!