The 4 M's To Financial Success In Land Investing 1202
Whether you\u2019re investing in vacant land or houses, there are four key elements of a successful real estate strategy. Here, I\u2019ll show you my mind map that I use to create my courses. The four M\u2019s of financial success in real estate investing are mindset, marketing, momentum, and mentor. The very first thing you need to do is get your mindset right because it all starts in your head. Success is 80% mental and only 20% technical so it\u2019s important to lay the right foundation. The second M is marketing, and I always tell my students that we\u2019re in the marketing business, not the real estate business. If you want to make money, you have to do deals. When you get your marketing right, you talk to more sellers and are able to make more offers.
Number three is momentum. When your head\u2019s in the right place and your marketing strategy is bringing in great leads, it\u2019s easy to keep the momentum going. It\u2019s hard at first and you have to be willing to fail before you get it right, but the longer you continue to build, it does get easier. The last M is mentorship. Sometimes, you just need someone to help remind you of why you started. A good mentor holds you accountable so you can hit your goals. Having someone in your corner who\u2019s been where you are now can help motivate you to keep going and not give up.
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\u2014The four M\u2019s of financial success in real estate