Or Better Yet, Hanging With a Like Minded Crowd
Do your “friends” visibly start drawing back when you start talking about your rental property?
It used to happen to me all the time when I first became involved with Real Estate and the problem wasn’t them, it was me.
You see, I didn’t understand at the time that I was simply talking a different language, a language they didn’t care to learn about and that involved concepts they couldn’t wrap their heads around.
Things like good debt versus bad debt, accruing assets versus liabilities and long term goals versus working for the weekend. Yet I continued to babble on to anyone that would initially listen.
Eventually I started to see that people were looking to avoid me talking about Real Estate and I slowly became wiser about it. So rather than talk to people who’s entire goal during the week was to get to Friday so they didn’t have to work, I looked to hang around people with similar goals and aspirations.
This involved participating in Real Estate investment groups, meeting up with other like minded folks and moving forward as a group rather than being isolated and standing out from the crowd. Oh what a difference.
How Quickly We Forget
The challenge with being a full time or even part time Real Estate investor or landlord is you need to make an effort to find these people who are following a similar path.
Working from home or traveling from one property to another isn’t like going to a job and being surrounded by your coworkers. I’d seemed to forget about this as I often find myself sitting at my computer for days on end. I’m getting stuff done, but I wasn’t hanging out with people who could help inspire me.
I was reminded of this over the weekend as I was invited out for dinner by a fellow Real Estate investor I had assisted through some challenging times over the last several months and she brought along several other investors.
What I expected to be an hour long evening, possibly even 90 minutes, ended up being three and a half hours of sharing stories and tales of our experiences as landlords and investors and it was a fabulous evening.
And it was also a lesson!
That lesson for me was, it’s easy to get wrapped up in your day to day events, but make time to get together with like minded people. Just like I used too!
The lesson for you, is for you to find other investors, landlords and Real Estate folks who you can talk to, who you can bounce ideas off of and who you can grow with. I enjoy receiving all the emails with info from many of the readers telling me where they are from, how they got started and what their aspirations are, but you need to find other local folks you can also share your stories with and to help reinforce what you’re doing.
It can and will make a huge difference to you, trust me on this!
Are you a member of a Real Estate Group, Investors Group or even a mastermind group? Tell me about it in the comments below and share with us how it’s helped you or what you’ve learned!