"True wealth gets built when your time gets uncoupled with money."
― Monick Halm.
Time is finite. We only have so much time in our day, our week, our month, and truly, our lives. When it comes to making money, some people have jobs that trade their time for money. This can be really lucrative, especially if you’re a CEO and you get paid a lot of money per hour worked. But I believe that when you’re truly wealthy, your time is completely your own. True wealth means not trading your time for money, it means making money while you do whatever you’d like to do with your time.
Real estate investing gives you the gift of time. It allows you to have enough passive income streams so that you work because you WANT to, not because you HAVE to. That is true wealth, and THAT is the kind of financial freedom I want for each and every one of you.
"The market is more important than the property."
― Ken McElroy.
They say the top three rules of real estate investing are:
Where you buy is more important than what you buy! A mediocre property in a strong market is going to do well. A beautiful property in a bad market is likely to lose money.
PS. Do you want more information on this? I have a Free Live Training that gives you the 7 Factors of a Money-Making Property Market.
“We not only dream, we do. We not only see what has been, we see what can be. We shoot for the moon and then we plant our flag on it. We are bold, fearless, and ambitious.”
― Kamala Harris.
Congratulations to our first African-American, Asian-American and female Vice President, Kamala Harris. Thanks for breaking through that glass ceiling and showing little girls and boys all over the world that anything is possible.
"Success in real estate is not like winning the lottery, it takes work."
― Monick Halm.
I have a friend whose grandmother gave her lottery tickets for every special occasion. Each birthday, Easter, and Christmas card had a lottery ticket tucked inside. She told me once of all the dreams those lottery tickets inspired - vacations she would take her grandmother on, the home she would buy, the ideas she could pursue. Too often, our businesses suffer from lottery ticket syndrome. We have ideas, inspiration, plans about what we’re going to do, and build, but we don’t set out to actually DO it.
The real estate business is a tough teacher, and there is one lesson that has been hammered home for me over and over again: Success in real estate is not like winning the lottery - it takes work. It’s so important to dream, to picture where you want your business and your life to go, but it’s also important to take action.
There’s good news, though. The...
"Doing everything 'right' does not equal happiness."
― Monick Halm.
Maybe you can relate… My parents always told me I could be ANYTHING I wanted ...so long as it was a doctor, lawyer, professor, or engineer. They meant well. That was their definition of success.
Being a “good girl”, I dutifully graduated from an Ivy League law school. But as a lawyer, the slow itch of dissatisfaction started creeping up.
Truth be told? Before long, I was full-out miserable.
But I did what I thought was “right” until one Tuesday morning, in seemingly “perfect” health - it happened:
The crippling pain.
The frantic drive to the hospital.
The panic about what was wrong with me.
And then? A 9-day stay in the hospital and 30 days at home to recover from an emergency appendix rupture.
But here’s the truly tragic part- when I was first told that I had appendicitis and would have a hospital stay plus at least 30 days at home afterward to recover, I didn't feel...
"When I dare to be powerful — to use my strength in the service of my vision, then it becomes less and less important whether I am afraid."
― Audre Lorde
YES! Dare to be powerful, dare to go after the life you’ve always wanted, dare to live financially free. Don’t let your fear get in the way of the life you’re MEANT to live! You got this, goddess!
"Everything I want is on the other side of my fear."
― Monick Halm.
When I was in middle school, I heard this quote from FDR that changed my life: “The only thing to fear is fear itself.”
I really took that to heart and decided to do things that scared me as often as I could (other than things that would kill me, of course). I didn’t want my fear to determine what I could and could not do.
So I developed a practice of really exercising my fear and courage muscles. Instead of walking away from things that scared me, I dove in.
In that journey, I've found that everything I want is on the other side of my fear. Some things scare me all the time, but I'm so comfortable with that feeling now, because of how often I exercise my courage muscles, that I'm like- "bring it!"
Launching a virtual event scared me, but I did it anyway. Starting an Investor Club scared me, but I did it anyway. Being interviewed on tv and big podcasts scares me, but I do it anyway. I have...
"Be thankful for what you have; you'll end up having more. If you concentrate on what you don't have, you will never, ever have enough."
I am so thankful for each and every one of you for being a part of this online community. REI Goddesses would not be what it is today without the love, support and dedication from each of you. So, today, I am giving thanks for you.
"Don't let anyone convince you that your dream, your vision to be an entrepreneur, is something that you shouldn't do. What often happens is that people who are well-meaning, who really care for us, are afraid for us and talk us out of it."
― Cathy Hughes.
Today’s motivational quote is from an incredible woman- Cathy Hughes. And if this quote weren’t inspiration enough, here is a little bit more about Cathy’s story:
Cathy Hughes is a dynamic, media pioneer who demonstrates the power of one – one woman, one vision, one company – Urban One, formerly known as Radio One. As Founder and Chairperson of Urban One, Inc., the largest African-American owned and operated broadcast company in the nation, Hughes’ unprecedented career has spawned a multi-media conglomerate that generates original content across the spectrum of radio, television, and digital media.
In 1999, Cathy Hughes became the first African-American woman to chair a publicly held corporation,...
"I always did something, I was a little not ready to do. I think that's how you grow. When there is that moment of 'Wow, I'm not really sure I can do this', and you push through those moments, that's when you have a breakthrough."
― Marissa Mayer.
Growth can be scary. Growth can be unpredictable. Growth can be difficult. BUT that’s what makes the growth life-changing.
Don’t be scared of taking the leap because you feel like you’re “not ready.” Sometimes taking the leap is exactly what you needed to do to GET ready!
Thank you, Marissa Mayer, for this lovely inspiration today!
The Real Estate Investing Guide from $1 to $1 Million is available for a FREE DOWNLOAD that will show you 12 strategies you can take to get invested in real estate today regardless of your schedule or budget.
“Monick Halm opened my eyes to all the different ways of investing in real estate. I am now invested passively in 2 syndications and a performing note, with $2500 a month passive income, and now I don’t have any lazy money sitting in a savings account earning 0.01%.” — Bernardette Williams