Wondering why you are not a successful real estate investor yet?

When you know the cause you can course correct and direct your energy and attention into the right direction and recognise the opportunities in front of you and grab them with both hands. Have a look at these reasons why you aren’t a successful real estate investor, there might be some points that could help you. 

Most hugely successful people in the world attribute their success to their continuous self-improvement. This is largely through reading between 20 and 50 books in a year. If you want to be successful, focus on improving yourself through reading, listening to podcasts or even watching YouTube videos

“Action expresses priority”, what are you prioritising? 

Successful people have taught themselves the discipline it takes to control their money and not let it control them. These people know where every single cent of their money is spent, whether it be on coffee, restaurant meals or unused gym memberships. Having and building savings reduces your anxiety and fear about the future. 

This discipline comes down to separating what you need from what you want and sticking to it. 

With your finances there are two paths, the active path where you actively work to make money and the passive path where the money that you have works for you to make more money. This comes through investing. There are a lot of resources that you can use to teach you how to invest. 

Everyone’s decision making process works differently, but there are very many people who suffer from analysis paralysis. Don’t get overwhelmed by your decision and don’t get paralysed while you analyse. Most of all, don’t use this as a crutch.

Passive income, where your money works for you. Plainly explained, you invest $1000 a month and you earn $100 interest on that investment a month. That interest is passive income, money you got from not lifting a finger. 10% return on your money for doing nothing. 

But, you don’t just get to that kind of passive income by doing nothing. You need to invest time into studying, personal development and learning about financial success to be able to grow your investments. Once you have acquired all this knowledge you are all set.

When you have put in the work and learned the skills to grow your passive income you are well on your way to financial freedom.

All people have habits, like waking up and the first thing you do is check your social media. You might not have the discipline now but you can teach yourself by forming healthy habits. You can form these healthy habits by doing something every day that moves and improves you, such as reading a few pages or listening to a financial podcast or even watching a YouTube video about finances. 

It is very easy to get frustrated when things do not progress as quickly as we would like. We tend to want it, and want it now. Patience and persistence is the way forward, the persistence to push forward and the patience to trust the process and not give up. These things will move you toward success!

A great way to stay the course, especially when your patience is running thin and you can’t persist anymore is to find a mentor or a surround yourself with people`.