My Journey to being a Successful Real Estate Investor

Every journey in life begins with having a destination in mind and working your way towards that destination. To ensure that you arrive at your intended destination, one must follow a particular path or route and depending on which path one takes, will determine how fast/how soon you get to your destination or whether you even get to your destination at all.

Life is full of challenges that we must overcome daily and in order to survive the daily rigors of life we must maintain a healthy state of mind and not be distracted by every thing happening around us. Why do I say this? Well starting a business on a shoe string budget is never easy and with limited capital, things can get very complicated and stressful. Secondly you as the business owner must wear many hats in order to get things done in your business. You will in the beginning have to handle bookkeeping, marketing, advertizing and be the IT specialists just to mention a few roles. Once things pick up, then you can afford to hire people who will assists you with these functions and thus free you up to concentrate on strategically growing and expanding your real estate business.

My business journey never started out with Real Estate but rather in the quick service restaurant industry. During my business career, I worked as a General manager for Yum Brands Inc, owned and operated my own Subway Franchise Restaurants and held other business positions. However, I was always  fascinated with Real Estate. One day, I came across Robert Kiyosaki's book called "Rich Dad Poor Dad" and this encounter opened my eyes to the possibilities and advantages of Real Estate Investing.

Real Estate investing has so many advantages and multiple income streams and if done right can be the real catalyst to building long term wealth. Real Estate Investing can provide cash flows, phantom cash flow through depreciation, earned income if you are involved in flips and also the benefits of appreciation of your real estate holdings. There are also tax incentives from owning and operating your own real estate business and the personal satisfaction of knowing that you are helping the community by providing a place for people to live and raise their families.

The current real estate landscape is dominated by individual investors who deal in wholesaling, fix and flips or buy and hold for long term appreciation. Recently, there has been a new player in this arena and they are Hedge Funds who are scooping up parcels of properties to had to their portfolios for future liquidation. Because of these new player i.e hedge funds, most small time investors are slowly being forced out of the real estate  market because of how much capital these hedge funds have at their disposal.

In order to survive today under this climate, small time real estate investors most reinvent themselves and come up with creative ways to acquire properties. As for now, time will tell what the landscape of real estate investing will look like.


If you would like to sell your property or know of anyone who might be interested in selling their property quickly, then feel free to contact me at  (860) 865-0999 or visit my website at www.selltowana.com. I buy houses in Hartford County Connecticut and my areas of interest are; Berlin, Bloomfield, Bristol, Burlington, East Hartford, East Windsor, Enfield, Granby, Hartford, Manchester, New Britain, Newington, Plainville, Southington, West Hartford, Wethersfield and Windsor.