Your mind and how you are thinking about the situation are very important when considering multifamily or apartment deals. You must believe that you are worthy of success and of the financial freedom that you desire. There is an abundance of wealth out there, plenty available for those who will work for it, and you need to keep that in mind. Just as your mindset is imporant, you need to communicate in the right way to your money sources if you want to close your deal successfully.
The labels that you attach to yourself play a major role in your ability to succeed. Investor is a word that is often misused, and this can create ambiguity, which is not good for the mind. An investor is someone who has money and is looking for an investment vehicle.
So don’t call yourself an investor, at least not when you’re talking to your money sources. Call yourself an entrepreneur.
Entrepreneurs, by definition, use the resources of others to accomplish a goal. This is what you are!
Entrepreneurs get in the marketplace and solve problems and then move onto the next challenge. They are the “movers and shakers” and make things happen. If you call yourself a real estate entrepreneur, that language alone will empower you.
You’ll be able to conquer any obstacle apartment and multifamily investing brings you.
Once you have established your role, you then need to realize that the potential money sources are limitless. You must convince yourself and beleive with all your being that there is enough money out there to fund any project. It’s up to you, the real estate entrepreneur, to find places to use that money. Whatever amount of money you think is a lot, there are others who think that same amount is nothing. Small change.
To learn more about apartment investing and how to have the right mindset, learn from Lance Edwards’. Click here.
The bottom line is, do not let your mindset get in the way. There is so much cash looking for places to be invested that finding the money is actually the easy part. The real difficulty comes in finding deals.
Convince yourself that you are an entrepreneur and money is limitless. Focus your mind on finding investor wealth to apply to your goals. You must forget your fears and project confidence if you want to win over the investors.
For more on mindset, check out to Lance Edwards’ Apartment Wealth Machine.