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What Are You Doing to be Successful?

April 30th, 2009 · 2 Comments

Take Massive action

Something my friend Pete Gardini often says is to take massive action. You are not going to be successful by sitting around doing nothing.  Goals are great, thinking and planing are important, research is necessary, and going to seminars and reading real estate books ( and my blog 🙂 ) are all valuable.  However real success is about taking action.  At some point you have to get out there and do something.

Inspecting 70 properties

As a tax lien investor, this is a busy time for me getting ready for the Baltimore City tax sale. It is important, especially in Baltimore, to check out the properties before you bid on them. There are lots of decrepit buildings and vacant lots in the city. You need to know what you are bidding on. (see this post about a bidder who paid big $ for an empty lot. )

Today I inspected 70 properties. I had stopped at 67 and counted them up and figured that was enough for the day.  I was beat. But I couldn’t resist checking a few more as I drove out of town and wound up with 70 total.  That is my idea of massive action.  What is yours?

What is your massive action?

A lot of readers come here to learn about tax lien investing. But that may not be the right strategy for you. Figure the right strategy for you and then take massive action. No you don’t have to inspect 70 properties in a day to be successful in real estate, but you do need to take action consistently.

You need to be marketing, talking to buyers and sellers.  You need to be inspecting properties, and making offers. This business doesn’t just happen – you make it happen.  If you make the effort you will be rewarded.  If you keep doing what successful people do long enough and consistently enough, you too will be successful.

My friend Steph’s idea of action

Steph is a regular on several online forums. I met her in person for the first time at a Steve Cook Seminar.  Steph is one determined lady. If you want to see what it means to take action and what real persistence means I recommend you check out her blog Flip this Wholesaler.  Read her blog and you’ll get a great idea about what I mean by taking action. Sometimes she wears her heart on her sleeve and you will see all the ups and downs of being an investor. But most importantly you will see what it takes to be successful.

Happy reading

Ned

Tags: Beginner · real estate · Tax Liens

2 responses so far ↓

  • 1 Mitch (12 comments.) // Jun 13, 2009 at 2:01 am

    Nicely written, Ned. I’m not into your area of business, but what you wrote here works for any business. It’s something I need to live up to more myself.

    Mitch´s last blog post..I’m In The Local Newspaper

  • 2 Ned // Jun 15, 2009 at 11:01 pm

    Mitch,

    Thanks for stopping by and for the compliment.

    I think we all need to live up to it more.

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