Surviving the Holiday Season!

The Holidays are upon us. With Thanksgiving (in the U.S.) just past, and Christmas/Hanukka/Kwanzaa coming up soon, it’s going to be a busy time for everyone.

The Holidays can be a distracting time for an entrepreneur, with all the family gatherings, all the preparations for the Holidays coming up, buying gifts, etc, it can certainly distract one from working on their dreams and goals. Not to mention, the fact that many people take trips during this time, and many businesses close down for long periods of time (even if they don’t close, the people who work there are so distracted with the Holidays, that not much gets done). This is especially true with business related to real estate investing ... real estate agents, title companies, attorney’s offices, Government offices like the County Recorder’s and Tax Assessors Offices.

Essentially, in December, business slows down for real estate investors. It doesn’t come to a stop, just slows down considerably.

So how do we survive the Holiday Seasons? We adjust. One thing to keep in mind, is that sellers, are still eager to sell. Especially with the Holidays, when money is needed for gifts, heating, paying bills (credit cards especially). So you want to keep up with your deal locating regimen. The deals are still out there.

This is also a great time to redo your planning and goal setting, and to spend time educating yourself more. You see, when the Holidays are over, and all the festivities die down, and January comes .... that is the time to really kick things into gear. Everyone focuses on business again, and many people want to sell properties to raise cash from the Holiday financial drain.

So you don’t want to be idle during December, you want to plan, prepare, educate, and get ready to hit the ground running once January comes. Things will really pick up the first part of January, and you want to be ready.

I love when the beginning of the new year comes in January, it’s when things get really busy, and we all start making a lot of money.

I’m ready, are you?

Happy Investing!

Todd

Who's on Your Team?

That’s me with the Construction crew owner on one of the rehab projects.

You hear it so often, “To succeed, you have to surround yourself with the right people!”. This can include many things. Friends, mentors, support team, accountants, attorneys, agents, construction people, and so on.

Finding and working with the right people can make all the difference. But it’s not always easy to find them, and often, over time your team will change. Some people are good for a while, then they lose momentum. So you have to always be on the lookout for people who will help you get where you want to go.

I’m a highly motivated individual, with ever growing goals and aspirations. So it can be a challenge to find people who are as passionate and motivated to work with. I know what is possible and what I want to achieve, but not everyone shares that passion.

As long as you know where you are going, and continue on that path with unfailing determination, you will reach your goals. Start building your team. It can be friends who support you, work people to help with improving your properties, other investors, anyone that supports you and can help you get where you want to go. Find people that will motivate you, and keep you moving in the direction of your dreams . . .

. . . and never, never, never ever give up!

Happy Investing!

Todd