The Big Why and preparing for the future

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At an event, I had the chance to sit next to a couple of fresh investors. Like I do every time I inquired about which investments they had made and they confessed that they were brand new to investing and were unsure of how to start.

At an event, I had the chance to sit next to a couple of fresh investors. Like I do every time I inquired about which investments they had made and they confessed that they were brand new to investing and were unsure of how to start. We talked about their levels of expertise and knowledge blue world city Islamabad overseas block, and I noticed that the conversation was moving away from real estate and into the realm of lifestyle design. I began asking them questions what was the "Big Why" - why did they want to quit their jobs in the corporate world, what they would like for their spare time and what they would like to do to make them happy.

We began to assign an amount of money on that life style and level of comfort. I noticed their eyes getting slightly wide as the real-world reality of what they were facing hit them. I quickly assured them that buying a home was an excellent option to achieve the lifestyle they had imagined in the event that they are willing to be a bit more grueling and work long hours however, how do they go about it? We didn't go into too details on the spot however we discussed breaking down those goals into time frames and smaller milestones. We talked about assigning the number and what kind of deals would help them reach these milestones, and also what they most comfortable with and how their personality would aid them in reaching their goals. They took notes on the kinds of marketing they would use and how many offers they'd need to submit each month or week and even a day to get the amount of properties needed to reach their goals.

Then we went back to the "Big What" and debated if it was truly big enough. In that context, I wanted to discuss with them whether the decision to pursue real estate was big enough to motivate them to get up and up every morning? Large enough to motivate them to complete that daily list of tasks? Large enough to reach the smaller goals knowing that when each milestone is reached they will be that much closer to their life and freedom they desire? They took notes and I believe they came up with some ideas to think about as they work towards their real estate goals.

What is the "Big Reason"? What is the reason you are an investor in real estate? Does it have enough of a value to make you get out of your bed every morning with an optimistic smile and ready for the day? Do you think it's enough to keep you motivated after three months of slamming your butt and not finding the perfect deal? It's not something you can make up in a day If you've not spent any time thinking about it So let your thoughts wander. Imagine of the big picture! Make a big dream come true and then note it down. Take a look at it each day and imagine yourself living that life style. Next, you must determine the steps to reach that goal. Be specific down to the daily tasks. Now, you've written goals and milestones down on paper and have drawn out a plan of how to achieve the lifestyle and dream you want.

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