In my forty-some years of employment I've done just about everything. As a General Contractor I would build homes not just for my clients but for my wife and me. Who better to build my home? It's built right and just the way we wanted it. As a young man I was a Millwright (machine repairman) in a factory. When my auto or other machines would break down I didn't call a repairman; I simply crawled under the vehicle and got ‘er done.
In these times of slim pickings, we agents need an extra source of income that will bridge the economic gap. I've found apartment to be that bridge. It seems I've been running into agents that have been handing out advice to their clients that they themselves haven't been willing to follow. If you are going to sell real estate you need to invest in real estate. Who in the world knows the market better than you?
If you don't know a good deal when you see one, you need to get in another line of work. I hate it when I go to a Ford dealership and see a sales person driving a Toyota makes me not want to buy a Ford. Nothing wrong with a Ford but there is with the sale person.
My brother, Randy, "(Not Just Another Pretty Face" fame) and I drove down from Missouri to the NAR convention in Orlando, Florda. While we were there & I was lounging in the Jacuzzi, my tenants kept paying the rent. While I'm asleep, my tenants keep paying the rent. When I'm sick in bed, my tenants keep paying the rent.
Now not everyone is cut out to be a land lord. But if you are selling real estate as a profession, you should be able to find a nitch in the market that will keep you out of the poor house in the slim times. That old story about the tortoise and the hare comes to mind. That consistent income keeps you in the race & wolves at bay. Now if I could just figure out how to bread a tortoise and hare.
In Your Service, Russ Prothero
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