What do you think it takes to succeed in real estate investment? When the rubber meets the road, success in real estate investment isn’t about the newest technology, the flashiest marketing, or the newest investment platform. No, if you want to find financial security and build your wealth through passive real estate investment, you have to rely on proven strategies. 

Have you ever been given advice that just seemed backward at the time? Maybe it didn’t make sense until you put it into practice. Then maybe, just maybe, it all clicked. It can be tough to follow advice that seems counterintuitive, especially when it comes to our finances. If something doesn’t make immediate sense to us, taking that leap of faith can be tough.

There’s one thing at Memphis Invest that we believe stands between an investor and their success: their purpose.

Before you begin your journey as a real estate investor or as any kind of investor for that matter, you have to ask yourself why you’re investing in the first place.

As we give 2016 the boot, we can tackle the new year with renewed vigor! Enthusiasm! Spirit!.

There are plenty of virtues that make for a successful, well-rounded real estate investor. We’d argue the one of the most important is patience. In a world that teaches us to crave instant gratification, it’s practically a lost art!

For many, real estate investment is seen as a quick fix: maybe they’re not so naive as to call it a get-quick-rich scheme, but they expect things to work out quick and easy.

Any successful real estate investor will tell you that that’s far from the truth! Any type of real estate investment—even passive real estate investment—takes time and effort before the fruits of your labor really build and begin to multiply.

Fear can be a powerful motivator. It can also hold us back from being all that we can be. Achieving anything when we’re afraid of moving forward is no easy feat: but making decisions and moving ahead in spite of our fears is often necessary for success!

When it comes to investing in real estate, you will have moments where you’ll be afraid. Whether it’s risk or uncertainty, fear can make it incredibly difficult for you to know when to take the plunge and when to hold back.

Overcoming fear is harder for some than others—especially if you’re prone to anxiety or worry. But when it comes to your investments, you can’t afford to be fearful. You can only afford to be smart. Here’s how you can begin to overcome the fears that are holding you back from financial freedom.