What emotion would you use to describe it? For us, it’s always excitement. Sure, we won’t pretend that everything is always perfect when it comes to real estate investment. This line of business comes with its fair share of frustrations and challenges. But when it comes right down to it, we never stop being excited about the opportunities that are waiting for our clients.
For real estate investors, there is always something to be excited about. Investing in real estate doesn’t have to be boring, cold, or calculated. It doesn’t have to be an emotionless process. It can be thrilling. It can be fun!
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Whenever you find the whole investment process feeling old, stale, or just too routine, remember these five things that you can always be excited about when it comes to passive real estate investment.
There’s a huge advantage that passive real estate investment has over other kinds of “hands-off” investments, be they stocks or otherwise: you’re still calling the shots. Other kinds of investments can seem like little more than a gamble. Throwing your money into the ring and hoping that it’s going to pay off eventually. With real estate investment? You’re 100% in control of where your money goes. While that can be a double-edged sword if you don’t know what you’re doing, being able to decide just how your investment is used is a great advantage.
You don’t have to wait in the dark for a check to show up, biting your nails with fingers crossed that the market doesn’t take a dive. Nope. You’re the boss. It’s up to you when to buy properties, how to renovate, where you want to invest, when you want to scale, and how you want to direct your investment future.
Watching your money grow is always exciting. There’s just no denying it! It should never get old to earn passive income. No matter how many frustrations may come your way, the idea that you're creating streams of cash flow, building up a retirement, and working towards financial independence...that’s always exciting.
Not everyone loves shopping. So maybe not everyone finds the details or aesthetics of their properties fun and exciting. Still, isn’t there something exciting about the act of bringing something new to your portfolio? Even if the details don’t matter to you so much, new properties, new opportunities, and new income-earning potential should.
The aspect of real estate investment that allows investors to customize their portfolio with properties that come from markets from all over the country not only hedges against risk, but it's fun! There’s also an element of being able to exercise your expertise. You get to truly refine your portfolio and select the properties that are going to bring you greatness.
Investing in real estate brings freedom. Freedom to pursue your ambitions: whether it’s a new career, a lifelong passion, an early retirement, or simply the financial independence that allows you to be free from worry. It’s exciting to have more options in life. There’s a lot of joy in being able to have the freedom to travel and make the financial decisions that you want to make without a lot of stress and anxiety. It’s nice to know that you’re going to be taken care of. For a lot of investors, this is the key!
Everyone likes making progress. We like knowing that we’re actually getting somewhere, in ways both big and small. Where real estate investment is concerned, that can look like a lot of different things. We see it when our bank accounts grow. We see it when we acquire new properties. We see it when we make the decision to quit our day jobs and when we reach our goal for our retirement fund.
Who doesn’t like reaching goals?
If you don’t have goals yet, this is our challenge: start setting them. With the new year, there’s no better time. Where do you want to be financially in five years? Ten? Thirty? What kind of retirement do you want to have?
Real estate investment can help transform your financial future. Only you can decide how you want to transform it. Take the first step.