I wanted to share this personal story with you because I think it is relevant to most real estate investors.

My son recently turned 30 and has found himself at a crossroads in his life. What he thought he loved and wanted to do the rest of his life is now not as appealing.

He has realized that the crazy hours and changing schedule are just not in line with his desire to enjoy life with a wife and children.

He has also come to the conclusion that he is an entrepreneur at heart, and finds in very stifling to work for someone else.

So he came to me last week and wanted to know more about real estate investing. But his question opened my eye Here’s what he asked?

I know real estate investing has been good to you and Mom, but do you think it is still a viable way to make serious money today…and please give me an honest answer – no hype or selling the idea.

I can’t begin to tell you how happy I was to hear him express an interest in the family business. At the same time, his question made me think, this is what you must feel like too.

You must wonder if I am providing you with the “real” answer to that question.

So here it is – exactly what I told him – no hype – no selling the idea.

Be prepared to put some time and effort to get your business off the ground.

You are starting from scratch and you’re going to have to learn how to do everything – you’ll have to build up a network of people and resources to help you, and it’s going to feel like you’re doing a lot and not making any money.

Everything you do will be the first time, so it will take you longer and be harder in the beginning. If you’re looking for an instant payday, you’re going to be very disappointed.

But if you are willing to put in the work and do what I tell you then it all starts to pay off. The deals will start coming in – you’ll start making more and more money; and you’ll need less and less time to get it done.

You’ll build a good reputation in the industry. More people will bring you deals; buy your deals; loan you money.

Before too long, you’ll be able to leave your job because you’ll be earning more part time than you’re making now full time.

And it is at this point that real estate investing lives up to the hype. You can literally work part time hours and earn a high six figure income.

I loved his response…

Dad, I’ve never been afraid of hard work. I work hard now. I just want it to pay off and create a better life! Where do I start?

I told him I thought he should start like his Mom and I did, and I guarantee that within a year he’ll more than double what he is making now – starting from scratch!

In tomorrow’s email, I’ll reveal what he and I discussed as his first steps.

Until then…

Expect abundance,

Lou Castillo

 Click Here to Read Part 2 Now