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Top reason people fail in Real Estate investing.

By
Mortgage and Lending with Gold Financial Services

I have been in the Real Estate business for over 20 years. I have had countless conversations and looked over lots of plans and I know the number one reason people fail in Real Estate investing. It is because they never start. I am not Donald Trump but I have made money in Real Estate in several different ways. For me some were better and some were worse. Look I am not telling you to just go out there and buy the first house you drive by for full price. What I am saying is you should write down a plan for investing in Real Estate and get started. The old saying holds true "Plan your work and work your Plan" then run your plan by people who's advice you trust and understand that you are asking for people to point out problems so don't let them discourage you just plan to deal with the issues they bring up. For instance what will you do if it burns down? Add buying insurance to your plan. I know this is a simple example but the exercise is the same. Donald Trump in his first book said "protect the downside and the upside will take care of itself" that is very true. Just ask your self if the worst happened could I deal with it? If the answer is yes then do the deal if it is no then change the deal or find another deal. The point of this post is stop talking about making money in Real Estate and take action. IF you would like to check out my website just goto www.primarytexas.com