The RealNumberz Blog
Far too often, we let our real estate portfolios get out of check like our waistlines or savings. We’re sold the concept of “passive investing” and think that we put in X number of dollars today and get back X plus the returns we were promised at some point in the future. So, we don’t feel the need to monitor our investments. We’re unaware of their weekly, monthly and, sometimes even, annual performance. We don’t know when something goes wrong. We have vacant rentals, missed payments, yield drag, and more making dents in portfolio and chipping away at our hard-earned money.
People hate measuring. Not because it requires time and effort (which it does), but because it exposes what’s wrong. Most people prefer to live in “blissful” ignorance rather than trying to identify their own weaknesses. Measurement means admitting what’s broken so you can fix it.
Successful investors all have one thing in common – they compulsively measure! Many investors who have yet to reach their desired level of success are afraid to even begin measuring their performance, because they’re afraid of what they might discover!
RealNumberz Financial Freedom Accelerator Lesson 5: The 4 Things You Really Need to Know About Your Real Estate Investments from 3 of the Greatest Authors in the Industry
Most real estate investors have read these “greats” many times, but they often miss the truly impactful takeaways that the three books below can provide for their real estate investments.