Want to be a Full Time Real Estate Investor-Don’t Give Up Your Day Job til You Follow These Steps

It simply isn’t good enough to just want to be a full time real estate investor. The most important element is knowing actually how to be a full time real estate investor. If you don’t know how to do it you will not succeed and quickly find yourself back at square one. With just more than 38,000 full time real estate investors in Australia it goes to show that it isn’t a common profession so the odds are against you if you don’t have what it takes to succeed. real estate however is the basis of every business and has the potential to provide you with the very wealth you need to make it as a full time real estate investor.As a full time real estate investor you need to have talent and be dedicated to the real estate investment market. To make it in the real estate investor’s world you firstly need to be a good student so that you know what is happening in the real estate world. This will allow to properly analyze market indicators. You need to be knowledgeable about all of the information regarding real estate investment including updated information on building trends, union activities; Reserve Bank of Australia decisions and the list goes on. You need to be a good reader and dedicate yourself to reading as much about the subject as you can.If you are considering taking the leap as a full time real estate investor it is wise to sit down and write a list of the negative and positive forces which can affect the real estate market. There are more than you think so take your time. After this you can enter the research phase of your new career. You need to be able to understand what will happen if housing purchases are down one month and the effect that this will have on interest rates and even as far fetched as the effect upon building supply prices. The real estate investment arena is a complex and interwoven labyrinth and you need to be able to speculate what is going to occur from one day to the next.Don’t think you can give up your day job just yet though you need to develop the technical skills to interpret all of this information so that you can make cash flow positive decisions. You don’t want to start your career as a full time real estate investor when all of your assets are creating a negative cash flow scenario. You need to be able to stay on top of your finances and identify cash flow trends so that you can plan your future activities.If you don’t stay on top of your finances and make wise decisions from the trends that are appearing you are nearing financial ruin. Finances is the most important aspect of a full time real estate investor because you do not have the security of a full time wage and all of your income is dependent upon market conditions and choices you have made in the past. When you come to the heart of the matter – becoming a full time real estate investor requires four key characteristics:1. Business Skills2. Management Skills3. Financial Skills4. Ethical SkillsThese four skills are the basis for your success as a full time real estate investor. And are discussed briefly so that you can identify whether or not you can gain the skills required or whether you should simply choose another career path. If you cannot adapt to these critical skills then you will not be successful in the real estate investment arena and it is better to find out now rather than later. Otherwise you will have risked everything and gained nothing.Business Skillso An understanding of real estate and investingo A historical appreciation of real estate investment trends and real estate cycles and the ability to interpret future trendso Ability to identify long term prospects of the housing marketo Ability to fiercely negotiateManagement Skillso Ability to deal with people and conflicto Ability to communicate effectively with professionals, trades people and tenantso Ability to display charisma and get people to think the way you doo Ability to manage effective recordsFinancial Skillso Ability to calculate the real return on investmento Ability to increase profits and equityo Ability to Balance your financial books and keep track of expenditureo Ability to calculate the true value of your investmentso Ability to forecast cash flow and debtEthical Skillso Ability to maintain true and correct recordso Ability to meet the needs of your tenantso Ability to openly and honestly communicate with all those who you deal with as a full time real estate investoro Ability to be honest with yourself and make honest decisionsAs you can see there is more to becoming a full time real estate investor than merely just wanting to become one. To take this on as a full time career you need to devote your life to the real estate market and also maintain basic business principles which will help you to succeed even when times get a little bit rocky. Once you gain the understanding that you need you will realize it is not a tricky business to be in, just one that requires time and devotion. People always dream of becoming a full time real estate investor but few ever do. If you meet these skill levels and have a strong desire to succeed then perhaps it is time for you to take the plunge.real estate investing is the way to true wealth. If you remain cautious and rationale there is no reason why you can’t succeed. Don’t just jump in at the deep end though take your time. Start with some investment properties while you are still in full time employment. As you see the cash flow increasing to at least the same level as your wage then start reducing your previous working activities. It is always wise to try before you buy and make sure that this is truly the life that you want to live. Remember there will be some scary times ahead wondering if you will be able to continue but if you have taken all the precautions and show the necessary skills you should be fine.

Touching Benefits: Boost Your Health Using Touch

Do you like hugs, massages and hand-holding? Well, experts say that there are benefits in touching that can boost our health and fitness.Getting a hug triggers the release of oxytocin, a hormone sometimes referred to as “love” or “bonding” hormone, in the body which lowers levels of hormone cortisol and reduces stress which boosts immune function. Oxytocin also makes people feel more secure and trusting to each other. According to the health research done at the University of North Carolina, women who receive more touching via hugs from their partners have higher level of oxytocin in their system and their blood pressure and heart rate also appear to be lower.In addition to hugs, touching like holding hands with your beloved also has great effects to the health and fitness. University of Virginia assistant professor, James Coan, PhD, discovered that hand-holding is good in calming people by administering functional MRIs to 16 married women while telling them that they might feel a mild shock. The warning triggered brain activity showing stress and anxiety. But when the women held hands with one of the experimenters, the stress response decreased and totally quieted down when they were holding hands with their husbands. When stress is lower, immune functions get more effective.But pets and good massages can also give touching health and fitness benefits for our body. According to research, people’s blood pressure drops when they pet dogs, more so, if it is a dog they know and love. Dog petting and snuggling with furry pets have also been found out to improve immune function and ease pain.And who will say no to a good touching, massage, now and again? A massage can sooth tense muscles, slow down racing heart rate, relieve high blood pressure and decrease levels of cortisol which is good for over health and fitness. Due to the relaxed state, the body has the opportunity to effectively regenerate and recharge. When cortisol levels are lessened, the body’s immune function becomes more effective.So do not hesitate to give a hug or two to those you care about because it shows that you care in more ways than one.

Making Money at Home – Start Your Online Business

Making money online with your own small business is the subject of this article. My last two articles described how you can make an extra income stream, or indeed start a small business working from home by becoming an affiliate marketer or a drop shipper.Starting your own online business means taking a step past Affiliate Marketing and Drop Shipping. It means you take responsibility for the whole thing. You find or create the product, sort out suppliers, bring it to the market, undertaken deliveries, organise finance etc etc.That is you have to:Create the concept.
Check whether there is a market for it.
Organise Products / Services.
Design the entire process.
Set up the ecommerce website, blog or other form of online selling.
Market the website and the goods or services.
And go, go, go.What are The Advantages and Disadvantages to Starting Your Online Business?What are the advantages of starting an online business rather than an Affiliate business or a Drop ship business?You control everything to do with your internet business.
You keep all the profit.
You make all the decisions.
You are in control of quality, service and customer care.
You can join an affiliate agency and sell your goods/or services that way.
You can add a range of Drop Shipping goods and Affiliate items if you want to.Disadvantages include the fact that you:Must take care of staff, stock, cash, Shipping, premises and returns.
Work alone.
Have to buy goods before you can sell them.
Have to manage cash flow.Who Might Want to Build Their Own Online Business?Anyone who wants to own their own business but has little capital.
People who know something about business (on or offline) and want to start their own e commerce site.
People who know they like to control all aspects of their business.
People who don’t yet know much about running an internet business, but are totally excited at the thought of finding out. What Should You Focus On Most?Product: find a service or product, define the market size and decide the quality levels.
Price: Decide on a price level to match quality. Don’t compete on price alone.
Place: Will you sell from a website, blog, MySpace etc? Will you have a terrestrial outlet and marketing approach?
Place continued: What delivery system will you use? How will you check your potential supplies out?
Promotion: How will you market your products and website? Some of the things you might have to manage to make sure your online business is successful are:Search Engine Optimisation (SEO). This is a vital part of Marketing if you are not to spend a fortune on advertising.
E-mail Marketing.
Audio / video Seminars.
Sales (squeeze) pages.
Using Social Media including blogs.
Building links.These are just a few of the areas you will have to work on when building your online business. Even if you can afford to outsource from the beginning, it is vital you have helped to design the Marketing plan and are able to detail it to others who may be working with you.Plan Act Review.Even this short article has enough in it to terrify all but the most determined. But DON’T PANIC!! Like everything else in life, if you plan well (and split what you have to do into small chunks), act when you need to and review what you have done so that you can change it if it is not successful, you will be OK.Good luck with starting your online businessOnwards and upwards.