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Success And Happiness In Real Estate Investing

Welcome back,

This article is for anyone that is busting-their-butt to chase the dollar and is still unhappy in their lives. If you are a returning fan and/or comment-er than I thank you. If you're new then Welcome.

Almost every fan of this website agrees that passive cash-flow is crucial to supporting your business's long-term health. I too agree. I mention this because being lazy for many of us is a luxury we do not choose to take because we would rather be working on our side businesses. Donald Trump once said, "I am not ambitious, I just love what I do." I'm paraphrasing from the video below.

Most folks would agree that an individual should be happy if they have: 

  1. A healthy business and
  2. A large portfolio of properties

These are 2 signs to many Americans that an individual is achieving success and therefore happy, assuming all tenant-buyers are paying as agreed and cash-flow is very positive.

Have you ever worked really hard for something to then only be disappointed by your high expectations?

Success And Happiness In Real Estate Investing

Most of you know my story. Before I begin investing in real estate and mobile homes I worked at 2 remedial jobs that I strongly disliked. Not only did I dislike my jobs I felt like a zombie on auto-pilot. Everyday was the same. The problem was not with my life or my jobs, the problem was with ME.

Luckily I had the clarity to search for a profession that would make me happy. Real estate investing is it. I wanted to work hard for a few years so that I could retire early and young. I'm not sure I'll actually ever retire from what I love doing.

Happiness is Right Now!

Please take a moment to remember the people, pets, and simple pleasures that make you truly happy. Keep this "happy list" in your mind to help control your own happiness. Happiness does not come from shiny objects, toys, status, or money. It comes from being fulfilled and growing.

Success And Happiness In Real Estate Investing

Video 1: 8 Traits of Successful People

The TED video below reveals 8 determining Traits of some of the World's most successful individuals. These individuals were almost all in situations where you are today, with thoughts just like your own.

Great News: Many other positive traits will easily come to you when you find a true passion.

Video 2: The Power of Passion

Now for this article to tie together. Passion is a leading cause for my sudden burst in mobile home investing and explains how I came to own 12 mobiles within the next 12 months. I am seeing this passion and subsequent results daily from the investor-clients I work with. Passion is your Master Trait. Watch the video below to hear why.

Make sure you are following a passion of your own and NOT just chasing money. There is no doubt in my mind that you can achieve any real estate goal you want. What are your Real Estate Investing goals? Do these Goals really excite you?? If not then perhaps it's time for a change?

Will you really find happiness in creating passive income and helping to serve as middleman for sellers and buyers of real estate or manufactured housing?? Think about your answer and really put yourself in your shoes in 5 years after getting started or continuing on any road map.

Learn the Master Trait in yourself and give your business a huge advantage. When you know you have found your passion do not let anything stand in your path to success and happiness, including yourself.

Love what you do daily,
John Fedro
support@mobilehomeinvesting.net

 

Related Success And Happiness In Real Estate Investing videos:

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7 Comments

  • Sydney

    Reply Reply August 19, 2013

    Hey John,

    Great article. This hits home for me. I am currently in a career that I do not enjoy that makes me plenty of money. I am grateful of my job but I now want to build that big portfolio of properties you mentioned. :)

    The best part is that this idea totally gets be burning excited inside like design never did before.

    Thanks for posting this. It means I am on the right path.

    Sydney

    • John Fedro

      Reply Reply August 19, 2013

      Hi Sydney,

      Thanks for commenting and your kind words. I am so happy that this article was well received as it is a little different than my normal tutorial-type articles however this site is dedicated to everything which investing takes to succeed. Knowledge is the one of the first steps of the journey.

      With the sound of your passion I have very little doubt you will succeed. I am so excited for you. Let me know if you have any mobile home buying/selling related questions while moving forward.

      Best,
      John Fedro

  • Sydney

    Reply Reply August 19, 2013

    Thanks for the quick response back John. I am going to be starting with your Mobile Home formula later this week. I plan to not let anything get in my way with your help. :)

    Sydney

  • Rob F.

    Reply Reply August 21, 2013

    Great article, John! And the videos make some very good points too. Thanks again for the encouragement.
    Rob

    • John Fedro

      Reply Reply August 21, 2013

      Hi Rob,

      Thanks for commenting. You're doing great! I am glad you found as much value in these videos as I did.

      Best,
      John Fedro

  • Drew

    Reply Reply August 23, 2013

    Hi John,

    Just found your site after doing a search on Lonnie... so sorry to hear about his passing!

    Although I don't own any MH homes or notes right now, I have had many of both after learning from Lonnie about 10 years ago. However, after a couple of years of buying, fixing, and selling MHs in parks, I got tired of paying lot rent, utilities while fixing it up and then showing homes and talking with buyers that couldn't qualify with the park, etc.

    After a while I altered my plan a bit by just buying MH notes at closing instead of ever taking ownership. After all, that's how most deals ended up anyway, was with me owning a note so why mess with all the other stuff? The yeilds were generally lower, but my time invested and risk were far far lower too.

    Just thought I'd throw that out to you and see if you've done the same or similar. Also, do you have any thoughts on the new CFPB financing rules... have they altered your business approach or forms?

    Thanks for an interesting MH investing site!
    -Drew

    • John Fedro

      Reply Reply August 24, 2013

      Hi Drew,

      Thanks for the kind words and commenting. Glad to have you here.

      My first 2-3 years I was having almost every buyer default on payments to me. This was because I knew nothing about properly screening and selling to only low-risk buyers. Once I made a few changes to my business I have kept a 90%+ occupancy rate.

      Notes are great though. There are so many creative and excellent strategies that can be applied to notes. Great business you moved into.

      Yes, the new financing rules have drastically changed the way I operate my business and teach others. Still happily investing though!

      Best,
      John Fedro

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