The Language of Real Estate Investing: Use the F Words to Succeed
If youre new to real estate investing, you probably havent figured it out yet. But you will. Its inevitable. Stick around long enough and youll discover that successful real estate investors have their own lingo. Yes. Their own language. And if you ever talk to these investors, most of them will quickly resort to certain F words to explain their success.
Let me share just a few of these F words.
Focus
The all-important concept that keeps you on a clear, purposeful, directed path is focus. We are all focusing on something at every moment. For example, right now you are focusing on this article. How often are we focusing on the wrong thing? The key is to be focusing on the right thing. If you carry a lighted flashlight that is focused up instead of down at your feet, what would be the odds that you would trip in the dark? The odds, I say, would be fairly good. The flashlight is pointing at something; it just might not be pointing at the right thing.
For example, successful real estate rehabbers focus on the process the rehab process – not the product. The product is a...