| Commercial real estate is like a charmed | | | | "a penny saved is a penny earned" adage |
| substance that can exponentially increase the | | | | regarding that limited resource. An hour |
| value of your utmost, very limited, resource. | | | | saved is an hour earned. You can't make |
| That resource is, of course, the hours in | | | | proper use of your time if you spend it |
| your day. No matter what you do, you can't | | | | chasing pennies. That's where commercial real |
| make more time. Wealth seems just as limited, | | | | estate comes into play. |
| but you can always make more, if you know | | | | |
| how. Much people think they know how the two | | | | When one becomes a real estate investor, he |
| are related, that they can transform their | | | | opens the door into an entirely new financial |
| time into money. | | | | world. Developing an awareness of investment |
| | | | real estate is like suddenly getting a new |
| There are times that they become frustrated | | | | pair of eyes, which allow you to see farther |
| when they ponder about their financial goals | | | | in each direction. |
| and about how many hours they would have to | | | | |
| work to make the money they need to make | | | | That is because investing is a way to make |
| their dreams come true. They become | | | | your hours represent many more dollars than |
| frustrated because they realize it isn't | | | | they would if you simply relied on the income |
| possible, that there simply aren't enough | | | | from a job. Look at it like this - if you |
| hours in the day to accomplish their | | | | make a nice salary, say $50 per hour, you are |
| financial goals. What they don't know is that | | | | limited by the number of hours in the year it |
| with a little financial physics, they can | | | | is physically possible to work. Never mind |
| increase the monetary density of an hour | | | | the fact that you are also limited by the |
| simply by investing. | | | | number of hours that actually exists in a |
| | | | given year. But what if you make only $15 an |
| Commercial real estate will help you live by | | | | hour? How in the world are you ever to make |
| that old saying, "Work smart, not hard." Your | | | | your dreams come true? |
| output on your job is limited. Even if you | | | | |
| could work 24-7, you could only make so much | | | | What you need to do in order to become a real |
| money at any rate of pay and your employer is | | | | estate investor is educate yourself. Don't |
| going to be willing to pay you only so much | | | | just grab a real estate listing and jump in |
| money for the work anyway. If you could | | | | as though you were playing at the roulette |
| somehow make those hours worth more without | | | | wheel in Vegas. Although there is a certain |
| having to put out more work per hour, then | | | | amount of luck involved, this is not a |
| perhaps you could earn enough money to | | | | gamble. You must learn about the real estate |
| accomplish your dreams and goals. With | | | | market so you can make educated guesses about |
| commercial real estate, this type of | | | | where to put your money. |
| philosophy becomes possible. | | | | |
| | | | Learning to read financial statements and |
| It's wondrous how interesting commercial real | | | | other basic accounting skills is a great |
| estate tends to become the older you get, the | | | | first step. In fact, it is necessary. You |
| more you start thinking about money, your | | | | can't win at the game unless you know the |
| future, and how the two relate. Whatsoever | | | | language of the game, and that language is |
| your dreams are, you will need two things to | | | | finance. Take a few commercial real estate |
| accomplish them - money and time. Money, you | | | | courses. You will need to know the types of |
| can make an finite supply of, as long as you | | | | real estate that is out there, as well as the |
| can figure out how. Your time, however, is | | | | types of investments. You will need to know |
| finite. | | | | the terminology and you will need to get to |
| | | | know people in the business arena. |
| However, you can, , apply Benjamin Franklin's | | | | |