“The difference between the impossible and the possible lies in a person’s determination.” — Tommy Lasorda
Investing in commercial investment real estate can be one of those things that gets you out of your comfort zone.
The main reason is most of us have not had a lot of practical experience with investing in commercial real estate. Especially over a long period of time.
I remember when I was a little kid the piggy bank. I went from the piggy bank the the Savings and Loan (Remember those?) and then to a CD, and then to a money market account and then to a mutual fund, etc.
Out of your comfort zone investing.
It was a number of years before I considered commercial investment real estate. Or was even exposed to the possibilities of building my wealth through commercial investment real estate.
It all starts with your first commercial property – whether it be an apartment building, mini-storage, office building, strip mall…as long as the net income and property type fits your goals, it doesn’t matter. But you’ve got to get started with number one, then focus on the next steps.
This will involve getting out of your comfort zone, and you 100% need to get out of your comfort zone to be successful. To be a successful commercial real estate investor especially.
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