Happy Thanksgiving!!!
This holiday means something different to everyone. For me, it's more than just turkey and stuffing - it is a reminder to practice gratitude, to connect with family and to understand the "why" behind everything we do.
If your "why" is strong enough the "how" will follow. No one has it all figured out, especially not in the beginning stages of a real estate business. The path is convoluted with twists and turns, but the "why" helps to keep me centered and focused when the going gets tough.
Ignore the "noise." It's important to understand the larger trends that are going on around us and be positioned to take advantage of those trends, but the daily noise can easily distract from our purpose. What is your purpose?
When I first started getting serious around real estate, I created a vision board with all the things that made me want to go down this path and where I wanted to be over time. It's a visual reminder of the important things in my life and the goals that I am working toward. I reference it often to make sure that I am still following my dream and my purpose.
Now more than ever, it is important to evaluate your goals and the vision you have for your future to see if the path you are on still aligns with where you want to be. If there's a mismatch, now is the time to take action and start planning for your future.
For those of us that are struggling right now, it helps to take a step back and understand the importance of the long term. Many ordinary Canadians have provided much-needed rental housing in this country and gotten wealthy in the process. Canadians are getting wealthier! With the news and the media talking about how high interest rates are and the levels of debt in the system, it is easy to get down. Keep a long term view and continue on!
On a different note, I recorded a podcast with Danielle Chaisson on the "Let's Get Real Estate Podcast" several months ago and the episode will be released next week! We discussed the importance of building out multiple streams of income and the idea that hiring the right people can really set you up for success. Stoked to share this one with you... stay tuned!
Have questions about your portfolio or want an outside opinion? Please select the button provided below, and I will schedule a free half-hour call with you to go over your situation! Talking to the right people can really save you money. I really believe that this is the time to expand your network and learn from those around you. I'll be in touch!
I'd love to hear your thoughts on this! Have a great week while working past those obstacles on your climb to success. Let's Grow Together!
Jonathan Beam
Real Estate Investor and Entrepreneur
Jonathan Beam is a real estate investor in the Niagara region who is passionate about helping you achieve financial freedom through real estate. He works with new and experienced investors to formulate a plan that fits your specific situation and provides market guidance and consultation on the best places and strategies to pursue within the Niagara Region. Book a free, half hour no obligation consultation to see how he can help you to achieve your goals. His travels are available at www.realestateandrepeat.com
For a free market analysis on 2 markets within the Niagara region that we are currently investing in, please visit the home page and fill in the contact form at the bottom for your free report!