Or how is wanting properties like wanting a six-pack?
“I really want to make more money!”
This is often where conversations about investing start. Is this really the true reason why we want to invest?
Think about it this way. How many gym memberships are bought with the words: “I want a six pack for summer…” ?
Do we really want the six pack? Or are we after something else? Wouldn’t it be better to feel fit, healthy and confident when you wear that bikini or pair of board shorts to the beach?
My guess is it’s more about how we want to feel and less about the six pack itself. Maybe the six-pack is just shorthand, because we’re a bit too lazy to think about what will really make us content and confident in our skins.
Perhaps the gym membership is only part of the solution.
Why Invest in Real Estate?
Real estate investing isn’t that different.
Most of us start out thinking it’s all about the money. But what do we want more money for? When we really look at our motivations, we may find that we’re really after something else… something that will be better than a big bank balance.
To find out more, watch the first video in my five-part series on the basics of real estate investing…