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Home >> It's All About Personality - The Traits You Need to be a Successful Real Estate Investor

It's All About Personality - The Traits You Need to be a Successful Real Estate Investor

By: Carrie Reeder

   Are you intrigued by real estate investing and wondering what traits you need to be successful? As a successful real estate investor who worked her way up the system, I believe that anyone can overcome anything, but having certain characteristics and personality traits definitely helps. Here are a few character traits that will help you on your way.

    You have to want it.

    This is a pretty simple trait that's true in almost every field, but even more so in the world of real estate investing. You have to want it. You need to have the will and the attitude to succeed. Sure, sheer talent will help you out, and the more talent you have, the easier it will be, but the key is the will to succeed.
    You have to be able to close the deal.

      When I was first married, I worked as a sales person for a flooring store. I was working with homebuilders in San Diego and was managing some pretty big contracts. I had the biggest jerk in the world as a boss. He had no personality whatsoever, but as soon as a customer came in, he was nicest guy and an amazing closer. It was like he was a different person. But it was his attitude. When he had to close the deal, he had a winning attitude and the determination to get what he wanted.

   You have to be disciplined to do the work.

   If you have the will to succeed, then you need to take that desire and break the job down into parts that are easier to digest. Take the components to get what you desire and then go to work on each of those. You need to have the determination, commitment and discipline to get to work and get out there.
   You have to be open.

   You have to be ready to come into the world of real estate investing willing to learn and willing to be transformed. We come into this business with everything we've learned in the past and we have to realize that some things may need to be relearned or unlearned. You have to be open to starting at the beginning and learning those essential, basic skills that are so important, like how to determine property value, how to read reports, how to understand market trends and how to lead with questions.

   You have to operate from a place of integrity.

   One of the reasons I have been so successful is that I always operate from a place of integrity. When I'm with a client, I really care about them. I connect with them emotionally and am interested in their story. I also only buy properties that need to be sold; I don't just buy to accumulate. And because I work with integrity, and help people along the way, I sleep well at night.

   Another tip to help you succeed is to create a community of women, a support network of cooperation. Don't be afraid to ask for help. Women working together is a beautiful thing, and together we will not only thrive, but succeed beyond our wildest dreams.

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