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  • Entrepreneurs

    12 positive things to do today to break "property investor's block" & move forwards.

    Whether you are an experienced landlord or just starting out, it can sometimes seem that there are many hurdles in the way of moving forwards.

    [Image: images?q=tbn:ANd9GcS5xRr0UyxtVDalYrZKwZL...98i2njMjrn]

    These can be lack of finance, struggling to finance deals legitimately, struggling to find deals with enough discount, etc. etc.

    If you are stuck, it might be down to one of the following reasons:

    You haven’t taken responsibility for your circumstances. – Too many people have a habit of blaming their circumstances or mistakes on bad fate or bad luck. Too few will admit that their situation is a direct outcome of the choices they’ve made. In life, this is the foundation you need to correct in order to grow. You must accept your current situation, take responsibility for it, learn from it, make the necessary changes, and move forward.

    You’ve given in to your fears. – If you’re doing big things and pushing for your dreams, you are bound to encounter situations that scare you and make you feel uncomfortable. So what. Move forward with gusto. Remember that the extent to which we sometimes allow fear to rule our lives is truly startling and unnecessary. Especially when you consider one very important fact about fear: It’s a total figment of your imagination.

    You don’t appreciate what you have. – Pause for a moment. Breathe in slowly and deeply. Exhale. Feel the miracle of your breath. And say, “Thank you.” You probably woke up with a few aches and pains this morning, but you woke up. You’ve seen better days, but you’ve also seen worse. You might not have everything you want right now, but you have everything you need to move forward. Life isn’t perfect, but it sure is good.

    You keep worrying about a time that no longer exists. – You can’t have a better today if you’re still thinking and worrying about yesterday. Whatever could have been or should have been, doesn’t matter. This moment is here and now for you to live. It’s okay to not have all the answers yet. In fact, you’ll never have ALL the answers. Just continue the journey, focus on the present, do you best, and trust the process.

    You’re still looking for the easy road. – Someday you will look back on your life and realize that everything worthwhile you’ve ever accomplished initially challenged you. And that is as it should be, because big challenges often prepare ordinary people for an extraordinary success. Every struggle arises for a reason – for experience or a lesson. A great journey is never easy, and no dose of adversity along the way is ever a waste of time if you learn and grow from it.

    Investing in property isn't easy. It requires determination, self-sacrifice, hard work, time and money. But there is always a way forwards! Remember that the "plus" symbol is made from two minus symbols. All negative things can be shaped as positive!

    Here are 12 positive things you can do to break "property investor's block":

    1. Book yourself onto a networking event:

    You can never learn less and, when you attend a property networking event (not sales event) you are learning new things and also tapping into all the knowledge, experience, and contacts of every person in the room.

    Kevin Wright's "Recycle your cash" talk is recommended as it does what it says on the tin!

    2. Review your portfolio and rents:

    Times are constantly changing in the property world. Are your rents keeping up with the market? A rental increase of £30 per property per month across ten properties could add another £300 to your monthly income.

    3. Read, read, and read some more:

    Reading is inspirational! Check out the Property Bookshop or Books that changed the property investor's world.

    4. Change some ingrained behaviours.

    The definition of insanity is doing the same thing every day and expecting a different result! Small changes to behaviour can result in a big difference --- in the same way that changing the course of an ocean liner by one degree can send it an ocean away.

    12 things that successful people do differently

    5. Go to a property auction.

    Property auctions are very exciting places and are the sharp end of property. Lots are being sold in front of your eyes at the drop of the hammer! There is a massive buzz at auctions and many people buying for cash, meaning that there are experienced people in the room.

    Pop along for a different view of property to refresh and inspire you and perhaps meet some interesting new people who are operating in property at a higher level that you.

    6. Outsource or delegate things you are not good at.

    Review your property business and recognise that you cannot be good at everything. Outsource or delegate tasks that you are not good at. This will free up more time for you to do the things you enjoy and focus on the areas you are skilled at.

    7. Buy someone lunch.

    There are so many inspirational people out there who are busy getting on with successful property businesses. Just spending time with them is like a vitamin injection. Phil Stewardson and Jonathan Clarke are two people who I find incredibly inspiring. I was lucky enough to spend time with both at Landlords United! on Saturday and these guys operate at a different level to me!

    Find someone who is doing what you want to do and offer to buy them lunch in exchange for a chat about what they do and how they are doing it.

    8. Change your self-talk.

    When we are gloomy or disheartened, we say things like:

    I don’t know what to do.
    Nothing works.”
    I feel stuck.
    Other people have this worked out, but not me.
    I’m just unlucky.
    What am I doing wrong?

    Change these to:

    How else could I look at this issue?
    What’s the outcome I want and what steps could I take to move in that direction?
    I wonder what other possibilities might exist?
    What would a lucky person do?
    If I were to take one small action step towards something fun and creative, what might that be?
    I am open to new possibilities. Let me see what emerges…

    Read: Property problem solving

    9. Remember that "No" is not always bad.

    It can stop you getting caught up in the hype of spending money on expensive courses, or it could stop you getting into a deal that you know in your heart is wrong for you. See beyond No!

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    10. Make like a sponge!

    Be open to new ideas and try and learn something new every day. Share what you learned with others. We adopt the thoughts and attitudes of the people we are around, so spend time with people who are actually doing what you want to do or have achieved what you want to achieve. Pay attention to who you spend the most time with. Are they living a life you would love to live?

    If family and friends do not understand your interest in property, then don't talk to them about it. Build your own network of positive property people as this will support you going forwards.

    11. Identify the lesson.

    We can't always fix mistakes, but we can certainly see how we might make a better choice in the future. Every event provides some kind of lesson for us. We can see how we could have done something different; we learn something new about ourselves and our needs; we discover our own triggers and weaknesses. There is always something to be learned from a mistake. Regard each challenge or mistake learned from as a stepping stone to success.

    Project forwards and imagine yourself looking back and seeing how each mistake and failure actually brought you closer to your goal!

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    12. Detach from or break your daily routine

    Often you don't realize just how deeply you've got into a rut until you step outside of it, even for just a day. It is rare to be able to get perspective on life while inside your everyday existence. My greatest moments of insight have come when I've been travelling or even have just done something as simple as getting up early and going for a walk.

    Treat yourself to a good book, a weekend away, or something that you've always wanted to do.

    A very successful property investor told me not so long ago: "The more I go on holiday, the more successful I seem to be". Smile

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    Very inspiring Vanessa. I spoke to Phil Stewartson yesterday who kindly gave me 30 mins of his life. I feel he gave me the final bit of confidence to go my chosen strategy. Thank you Phil. I owe you lunch!  

    I also seriously recommend Kevin's day course too. He is truly inspiring and frustrated that I have not be able to put it into action yet. But I will.

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    Trying to provide decent homes for decent people
    Great post Vanessa!

    I would add to that list, set yourself a deadline.

    It might be for example, invest in my first/next investment property by January 1st 2014.

    Once you have a target date you can work backwards from there and list out all the things you need to do. You may want to share that date with others around you who can hold you accountable.

    Then you can tackle things like go to networking events and reading books knowing that it will move you towards your goal.
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    Find out more about me here...

    The Property Hub
    RMP Property
    Twitter

    Great post Vanessa and thanks to you and Louise for your kind comments.

    I do try to be positive, but over the past 5yrs with property the overall view has been somewhat negative.... I have noticed lately how PT seems to have taken a lot of criticism for being negative. I think thats wrong and really sad on 2 counts

    1/ Its importand to be realistic and i think the balance here is right, There have been lots of grim days for property and those will continue on and off. For us, now represents a great time to buy, but too many people spout that message encouraging others to pile in when it might not suit therir circumstances.

    2/ A lot of it seems to be generated by a small group of people, one ex member here, helped me improve what we do with our refurbs by challenging some of our standard refurb procedures and i appreciate how he made me re-think things, Its sad he goes down this route. These people should understand the difference between being negative and being realistic.Whatever anyone might try to have you believe you do need money to invest in property.

    My positive to add to the list is that I try to call in to an estate agents every day and first job every morning is log onto Zoopla and see what new listings there are in the areas where we buy.
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    Phil Stewardson.

    Stewardson Properties.

    Stewardson Developments Ltd.

    Burson Land Ltd. & Jennings & Gilchreaste Ltd.

    http://www.stewardson.co.uk

    Follow me on twitter - @philstewardson

    Good stuff! And very true.

    Example: Last Friday I went to the first (ever, I think) inspirational event in our area where there were some high profile speakers. Just being there - and taking time out from my day-to-day habit-thinking - brought fresh perspectives, possibly new opportunities and relationships too.

    Over the weekend, as it all sunk in, I had a bit of a mental "shift" and really realised one of the points above - I hadn't been appreciating what I already had. A couple of interesting things have happened since, so taking time out to reflect actually pays dividends.
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    Jayne Owen @jayneowen

    Editor and Writer: Your Property Network magazine

    Investor: Mozaique Property, South & West Wales and South West England

    Occasional reviewer at The Property Bookshop (@Property_Books)

    I liked this blog from Seth Godin in the context of this discussion:

    How long between leaps?

    Kids have to change grades every year. You hit 18 and the system says it's time to move out and go to a whole new place. Four years later, another cycle...

    And then?

    How often do we say, "three months from today, I will be doing something totally different than I'm doing now?" How often do we look at an asset (an organization, a source of income, a technology) and acknowledge that it's our past, not our future?

    A generation ago, you might be able to go forty years without being forced into a leap like this. In many industries, though, it might even be forty weeks (or forty days).

    Not something to be avoided. Something to initiate.

    People don't like changing their rhythm. If you adopt the rhythm of stability, then change is a threat. Adopt the rhythm of change, though, and you'll get restless right on schedule.
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    I think it's important to create space in your life for new things to flow into.

    When I feel stuck, it's often about feeling bogged down. Sometimes, even just having a tidy up is enough to make a difference. I make it a rule every Sunday to have a clear out: I clear my email inbox, my desk and post-it notes as well as making sure all the housework is up-to-date and the gardening; oh and that my mum has been phoned. Only then do I feel ready even to face a new week!!

    I love to do a bit of dejunking when I feel stuck. Nothing escapes my glare when I'm in the mood to chuck it all in a charity bag!! That feels good.

    I bought a book years ago called Dejunk Your Life, which helpfully suggests it is not only possible to dejunk your surroundings, but why not also dejunk your image, your body, your time, your finances, your work, your mind, your love life and your social life!?!

    Sometimes you have to let things go in order for new things to come into your life. Sometimes you have to give something up or stop doing something, in order to make space for something better.

    What will you stop doing today??!

    Angela
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    Author of The Complete Guide to Property Strategies and The Complete Guide to Property Investing Success
    Learn more at http://www.completepropertysuccess.co.uk

    I also post property updates on my Facebook Page

    "It is the small decisions you and I make every day that shape our destiny" Anthony Robbins

    Yes, Angela, creating "space" is a great tip.

    Having a sort out, getting rid of stuff that has been hoarded etc.

    We're just in the process of moving into a new office and I can already feel what a difference these new surroundings are going to make.

    We moved from a serviced office in a depressing block in a town centre, to an office over-looking the river in a much nicer town.

    I also think that taking time out of your busy day for a walk or a pilates class is a great way to stay focussed and creative. I believe that you will achieve more in the long run by doing so.
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    Hi Vanessa,

    The new office sounds lovely... very serene.

    I'm having a busy week this week, travelling a lot for my properties. I always have a good think in the car.

    It was nice to go and pop over to my refurb today while in MK visiting my mum. I turned up to find two fit young men digging out the garden for the driveway extension I plan. What was even better was going back four hours later to find them still digging over the garden, with the skip by now full... Blimey! I was tired just taking my mum shopping!

    I thought to myself, when I was young and poorer - and more naïve - I used to think that we could only make plans for things that we ourselves could physically have the strength and/or time for... But when I got older, richer - and wiser - I learnt that nah, I could just pay fit young men! ... Or other bods too:-)

    The lesson for overcoming 'property investor's bock' being not to allow your plans to be limited to only what you personally can do.

    On the other hand, I believe we should undertake to do the things we can ourselves.

    I guess wisdom is in having good judgement when to do one or t'other, rather like the serenity prayer which seems an appropriate note to finish on after starting this post admiring your new serene office:-)

    The Serenity Prayer

    God, grant me the serenity to accept the things I cannot change,
    [or pay others to do them, who can:-)]
    The courage to change the things I can,
    And wisdom to know the difference.


    Amen!

    I'm off tomorrow to try and change the things I can in blooming Manchester!

    Angela Smile
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    Author of The Complete Guide to Property Strategies and The Complete Guide to Property Investing Success
    Learn more at http://www.completepropertysuccess.co.uk

    I also post property updates on my Facebook Page

    "It is the small decisions you and I make every day that shape our destiny" Anthony Robbins


    I loved this thread a lot!. Thank you for posting all your thoughts here Smile




    (07-10-2013 09:35 PM)Angela Bryant Wrote:  The Serenity Prayer

    God, grant me the serenity to accept the things I cannot change,
    [or pay others to do them, who can:-)]
    The courage to change the things I can,
    And wisdom to know the difference.


    Amen!

    I'm off tomorrow to try and change the things I can in blooming Manchester!

    Angela Smile

    Are you in Manchester Angela!?!
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    Hi MNL,

    Thanks for your comment. I'm not in Manchester (are you?) but I have some properties there, one of which went to auction on Tuesday but didn't sell:-(

    I'm trying to catch up with the auctioneer though, as I've been told someone wants to view it post auction... fingers crossed!

    Cheers,

    Angela
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    Author of The Complete Guide to Property Strategies and The Complete Guide to Property Investing Success
    Learn more at http://www.completepropertysuccess.co.uk

    I also post property updates on my Facebook Page

    "It is the small decisions you and I make every day that shape our destiny" Anthony Robbins