Apr 28

Okay, you’ve decided to take the plunge and invest in real estate, so now what?  The idea is not new, so taking that first step to making the decision is usually pretty easy, actually; moving forward is a little harder.  There is so much to learn and new investors can easily get overwhelmed by all the prospects, legalities, and strategies.
One thing to realize right from the start is you WILL make mistakes.  Too often people feel pressured to be perfect, even more so when dealing with their own money in tight economic times.  One of the best methods to learning how to handle yourself like a pro is to give yourself the permission to make mistakes, but also to give yourself the opportunity to learn as much as you can to avoid them.
Take advantage of other people’s mistakes.  You have probably heard the term OPM (other people’s money), and wouldn’t it be nice if you could use some of that to invest instead of your own?  You aren’t, though.  What you have to do instead is use OPK (other people’s knowledge).  Just like you, investors who have become successful have made mistakes along the way.  Learning what they did, how they overcame their mistakes and, more importantly, how they avoid them now will help you stay safe in your investments.
You can make real estate work for you, but you will have to work a little bit to learn how.  Study the methods used by real estate success stories and find out how those same techniques can make you a real estate millionaire.  Find out all you can about getting properties at a good price using foreclosures, short sales, and other methods—all of which are completely legal and have always been used by smart investors – and turn them into profitable ventures for your portfolio.

7 Responses to “How to Make Real Estate Work for You”

  1. Nelson Pagan Says:

    Hey Dean. If this is the real Dean i just wanted to tell you that im ready to take the next step. I want to change my life. I don’t know if you remember but not to long ago you had some cleaning people at your personal home. You gave one of the ladies your book be a real estate millionaire. That woman happens to be my cousins girlfriend. She let me borrow the book and ive read it from front to back. It has inspired me so much that im ready to take the steps i need to change my life around for me, my wife and my daughter. i just wanted to let you know that.

    Sincerly
    Nelson Pagan

  2. Dawn Quintana Says:

    I am very much ready to go, I have over 20 properties on my buyers list and I would like to share them with someone who is willing to work with me. I AM in Deans Real Estate Academy, I am reading his books and I am getting out there and meeting a lot of important people.

  3. Nelson Brown Says:

    Dean:
    I received your books about a month ago and I have slowly read both and the ‘secrets’ booklet and I am reading them again. I was recemtly contacted by Tyler Gladhill (Utah) and was interviewed for a possible place in the Success Academy. I am highly motivated and hope I qualify but one question bothered me that was ranking myself from one to ten;I responded 8.5 and Tyler responded why not 10. My feeling there is no perfection in anything but Jesus and I have to have room to grow and learn. I’m ready!

  4. Lily W. Says:

    Hello Dawn,
    I am also in Deans academy and student send me a private msg. LilyfrmLA

  5. hermanie Says:

    Dawn, where are you locate? I am also in the Dean Academy. I just started about two weeks ago and there is still a lot for me to learn and do. Stay in touch send me and email at [email protected]

  6. BOBBY DEFRANCE Says:

    DEAN,JUST WANTED YOU TO KNOW THAT I AM READING ,AGAIN YOUR BOOK BE A REAL ESTATE MILLIONAIRE.THE KEY POINTS IS TAKING ACTION AND USING YOUR STRATEGIES I CAN TRULY MAKE TO OUT OF DEBT.WITH FAITH IN GOD,AND DEAN WITH YOU AND YOUR GREAT TEAM OF COACHES I WILL BE ABLE TO WIPE OUT MY WIFE DEBT AND MY DEBT AND TRULY REACH OUT AND HELP OTHERS,ONCES I AM ON MY FEET. GOD IS GREAT!

  7. Bryan Says:

    Dean, I want to thank you for all of your inspiration
    and teaching, I know you teach people that they must take action. I have set a goal to close my 1st. deal by Nov 18th
    2009 take care. hey I just made it real:)

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