A website visitor recently asked on the popular MrLandlord.com Q & A forum, “Is landlording and real estate investing a slow way to wealth? The average landlord has less than 20 rentals. By the time your properties are paid off, you are old with many health problems. How many real millionaires under 60 do you know that made it self-made by being a landlord?”
My response is that it does NOT have to be a slow process, if you treat it as a business, get and stay educated, and take action. I know hundreds of landlords under 60 who are real millionaires. In fact, I will be reuniting with several dozen of them in two weeks on the annual Mr. Landlord Getaway Cruise Conference.
Your right, landlording is small-scale for most landlords. However, please DON’T let that limit your vision of what’s possible for you. The truth of the matter, whatever business you pick, limited success is the case for the majority of people. But again, don’t let that limit your vision, especially during these times. Right now there are probably more landlords becoming new millionaires than in any other time.
I challenge you in 2012 to enlarge your vision and most importantly start hanging around people who ARE becoming millionaires. There are actually many millionaire landlords. You will not hear them boasting about it, but trust me they are here.
Over the years, the landlords who I have watched become self-made millionaires, take action, get educated, buy real estate courses, attend workshops, conference and bootcamps. While I know, many people are cynical of courses and bootcamps (and for good reason), that cynicism also has stopped many landlords from reaching higher goals.
Instead of taking action and calculated risks by attending trainings, they scoff at the idea of spending even a few hundred bucks or dare I say a thousand to educate themselves. Mind you, they want to become millionaires, yet the majority of people, think this can happen by reading a couple of $20 books and gathering all the free information they can on the internet. It’s no wonder it’s a slow go for most.
YES there are thousands of landlords becoming self-made millionaires. And with the right mentors, actions, training, associates/associations and, knowledge, it does NOT have to take you until you are 60 to reach financial freedom.
That’s why I’m hoping that many of you will consider joining me this year for the MrLandlord.com National Convention in St. Louis. Especially for those of you who want to enlarge your vision and treat landlording and real estate as a business. This year’s convention will be held on May 24, 25, 26, 2012.
Call 1-800-950-2250 to register for the Convention.
You can also go the following page and click here to register online now for the Convention.
“What’s Holding You Back?”
Another MrLandlord.com Q & A visitor asked, “Is the lack of cash/financing or knowledge holding them back from buying more real estate?”
My response is that so many allow the lack of cash/financing to hold them back when it does not need to. Sure, financing may stop a particular deal or two from happenning. But there are SO MANY DEALS that can be found or “uncovered” where typical financing is not needed, that it’s not even funny. And not to say it is the case with you but the problem with most landlords/investors is that they are looking for the traditional methods to buy and manage real estate, when what is needed, is for them to expand their vision beyond the traditional methods and limitations.
I think that the person who asked this question already knows the answer. With knowledge, you can learn ways to own and control more real estate. Trust me, I am a personal example of that. If I had waited on financing or money to be right, I would still be in the first house my wife and I bought 30 years ago.
It was because I continually exposed myself to numerous real estate instructors (and still do) over the years who have literally opened my eyes and shared knowledge that has enabled me to learn various ways to invest in real estate and buy hundreds of rentals over the years. I’ll say it again, money does NOT need to be your bottleneck. Join us at the Convention this year and learn how others have not let the lack of personal money slow down their growth.
Call 1-800-950-2250 to register for the Convention.
You can also go the following page and click here to register online now for the Convention.
Here’s where Jeffrey Taylor, founder of MrLandlord.com along with landlords nationwide, top MrLandlord.com advisors, top real estate instructors, top website contributors and top suppliers come together all in one place for three full days of brainstorming, learning and networking.
Our 10th Annual MrLandlord.com Convention will take place May 24, 25, 26, 2012 in St. Louis, MO. The host hotel will be the Renaissance St. Louis Airport Hotel, (located at 9801 Natural Bridge Road · St. Louis, Missouri 63134), set within minutes of the famous Saint Louis Arch and popular attractions in the downtown area. Hotel rooms are now available at the prevailing rate. Call toll-free 1-800-468-3571 now, and say you are attending the MrLandlord Convention.
If you want to ENLARGE YOUR VISION, this event will be well worth making plans in your schedule to attend. If you want to merely complain about how making profits from real estate and rental properties is getting tough, stop reading now, because our convention is not for those who want to make excuses. Our convention is for landlords and real estate investors who want to learn more and who are looking to discover and take advantage of effective and successful investing and management methods that are being implemented by other successful rental owners and investors in the middle of economic challenges. You can make excuses or you can make money, but as the saying goes, you can’t make both. If you are ready to manage your rentals like a business, we invite you to join us in St. Louis, MO. in May.
PLUS, as we’ve done the last few years a FREE 7 DAY CRUISEwill be given to one of this year’s convention attendees! In addition, we will be giving the first one hundred all attendees who register a free collection of audio CDs from previous Convention instructors (a $200 free bonus).
This will be an event with tons of profit-building information you do not want to miss!
Call 1-800-950-2250 to register for the Convention.
You can also go the following page and click here to register online now for the Convention.
