Who doesn’t want a higher net worth? Whether you’re new to the investing game or you’ve been in it for years, there’s nothing quite as exciting as knowing that you’re building up your long-term investment portfolio and securing your financial future.

Sometimes our portfolio growth can just seem slow or stagnant. As real estate investors, we’re not always doing all that we can to grow our net worth efficiently and effectively. It’s important that even as passive real estate investors we’re actively pursuing our own success!

While there are a thousand different schools of thought and strategies to follow when it comes to investing in real estate, there are two things every real estate investor should be doing for the sake of growing their net worth.

When it comes to investing in real estate, it seems like there are a million and one things to do. To be truly successful in this business, however, it’s crucial that we as owners are focusing our energies on doing the right things.

If you want to really grow your net worth and reach your financial goals—whether it’s crafting the perfect million dollar portfolio, retiring early, or fueling your lifelong ambitions—you have to have focus.

Money matters can make the best of us feel anxious from time to time. We’ve all seen what happens when stocks crash. Despite the fact that the company could very well recover, many panicked investors, rather than risk losing any more of their money than they already have, sell and jump ship instead of holding on to hope.

In some way or another, we’re all searching for balance. Whether we’re trying to juggle our professional and personal lives, looking for space for both ourselves and our relationships, or even a more balanced diet, the quest for the perfect ratio of everything in each aspect of our lives is never ending.

Balance is also an integral part of the turnkey investment equation. If you want to find success as a real estate investor—growing a portfolio, seeing your net worth increase, and having your assets multiply over time—you have to understand the value of balance from the very beginning.

This is what you need to understand about balance as a turnkey real estate investor.

If someone were to ask us what the most important things were in determining the success of a real estate investor, one of the top items on our list would be asset analysis.

You would be surprised just how many investors are out-of-touch with the actual details of their portfolios. Ultimately, this leads to unchecked risks, blind spots, and big trouble.

Does the idea of investing in real estate intimidate you? If you’ve never invested or only ever invested in stocks or similar investments, something so self-directed can be a lot to handle. It’s not that you don’t want to invest in real estate. You’ve heard great things.

What does it really take for a turnkey investor to succeed? There are a lot of factors that go into one’s investment success, and while you can argue that many are beyond your control: market conditions, happenstance, even dumb luck...there are so many factors that are in your hands as owner and investor.

What’s a real estate investor to do? Here are your best steps when faced with a market that’s shifting beneath your feet.

You can order your copy of The Turnkey Revolution, the first book release from Memphis Invest chronicling the best advice on how to safely build a passive portfolio from real investor experiences!  

With 2018’s first quarter for real estate in the books, many real estate experts are starting to revisit their predictions, examine patterns, and make adjustments to their theories and projections. For real estate investors, it’s always valuable to keep abreast of market conditions, particularly for the markets you happen to be invested in.

Where finances are concerned, we have this “tried and true” mentality that often keeps us from updating age-old financial advice. We believe that if it worked in the past—for our grandparents and parents—hey, it’ll work for us and our kids, too, right?