For all of you who are planning to become licensed real estate brokers to get started with real estate investing, this is for you.
It’s been a long time since I last posted here, and with good reason. I have been busy with what I believe are what matters most, and everything else just had to be set aside for now. Let me explain with a bag of Cheetos below.
While I have often said that being a licensed real estate broker has huge advantages when it comes to investing in real estate, it can also be a burden, especially when it kind’a takes over everything else. Which is why I felt I got my life back when I stopped being a broker since early 2015.
So what does this have to do with real estate investing?
For real estate, aspiring investors are often advised to get their feet wet by first becoming a broker. I also believe this is a good way to get started, and I give the same advice.
However, I truly believe that you should never be content with just being a real estate broker for deals.
Don’t get me wrong, I am not putting down real estate brokers or real estate brokerage in any way.
In Richard Montanez’ story above, he took to heart the message from the president, and from being a janitor, he is now a top company executive.
The president’s message
“He told us to act like an owner, I looked around and didn’t see a lot of reaction from my co-workers, but for me it was the opportunity to do something different. There’s no such thing as ‘just a janitor’…if you act like an owner.”
In real estate, I believe you should also “act like an owner”, and that would mean you should always strive to work on getting your own real estate deals.
After all, the goal of every real estate investor is to have their OWN real estate investments, right?
I also believe that owning your deals is the best way to avoid problems a lot of real estate brokers face… like getting bypassed. With you as the owner of the property, no one can bypass you.
Think about it.
And now, please excuse me as I will have to get a bag of Cheetos… and munch on it while analyzing a list of prospective real estate deals. 🙂