Showing posts with label Active Listening. Show all posts
Showing posts with label Active Listening. Show all posts

Thursday, January 22, 2015

I Buy & Sell Homes...Sort Of [How I Make Money In Real Estate]


I was on the phone with a friend a week ago who knew that I was a real estate investor but didn't really understand what it is I actually do. The simplest way for me to explain what it is that I do is that I buy and sell homes. The full picture though, is a little more nuanced.


I'm A Problem Solver

I actually don't view real estate investing as buying and selling homes. Just like any other business selling a product or service, I view my job as solving problems. In this case, the problems are property related. Sometimes the solution to the problem is me purchasing a property for cash. Sometimes, it's finding a tenant. Sometimes the solution is restructuring the mortgage for the existing owners. Sometimes, the solution is something vastly more complicated but customized to the situation.