Real estate is about asset and
cashflow management. Put more simply, it’s about managing what you have. The
right purchase exchanges your resources, in the form of cash, into a property,
contract, tax lien, note or some other real estate asset. Once you have
obtained a property, decisions have to be made regarding its repair, management
and sale, if that is your plan. No matter where you are in the
process—purchasing, managing, or selling, discipline is key.
One of the most controllable aspects of our lives is our behavior. How we act and respond to the world shapes our present and our future. Our ability to act in a way that brings about our desired outcomes is uniquely ours and belongs to no one else. In that way, discipline is our superpower.
