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Hamza Maames is a successful real estate investor. He shares a variety of information products to help people create and run their own business in Real Estates. If you want him to be your partner then he will definitely satisfy you. He is highly talented and has a golden heart. Hamza Maames has always been a man of public service.<br>
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Hamza Maames is the best real estate investor. He is a great business investor with lots of experience. Hamza Maames
Hamza Maames shares 5 Characteristics of an Amazing Real Estate Investor • Know Your LimitationsFocus On The NumbersQuality Over QuantityLearn To Say “No” • Never Stop Working
Know Your Limitations: • You are your biggest asset regardless of where you are in the business. That is especially true when you are just starting. It is important to remember your skillset and focus on what you do best. If you are qualified to do some of the rehab work or manage a rental property, it doesn’t mean you should. Successful investorsthink about where their time is best spent. Trying to do everything is often a recipe for disaster. Take an honest evaluation of what you are good at and where your time is used best.
Focus On The Numbers: Successful investors don’t make decisions based on their gut. They realize that emotions aren’t always the best predictor of future results. While nothing is a guarantee, looking at numbers is a good start. Numbers make up most everything you do in business from marketing to analyzing deals. It can be easy to get attached to a property that you have watched for months. As hard as it may be at times, if the numbers don’t make sense, you need to walk away and move on. Getting involved in a bad deal leads to lost opportunity on future deals. It is important not to confuse intuition with emotion. You may hear about fellow investors who purchase property based on a good feeling. I
Quality Over Quantity: Learn To Say “No”: • You do not get any bonus points for the number of deals you close. Successful investors realize that it is better to close quality deals over a handful of average ones. With every new deal you entertain, you need to look at the bottom line: what you are losing to acquire this property? By dedicating your time and energy to a new property, you lose a chance at future ones. The other problem with average deals is that you need things to run perfectly if you want to ensure a profit. This slim margin for error is stressful to work under and filled with risk. • You can’t do everything, be everywhere, and work with everyone you meet. Successful investorsknow how to say no. There may be times when your real estate agent shows you a property and pushes you to make an offer. If you don’t like it, you need to put your foot down and say no. The same is the case if your contractor suggests you make a change on your rehab or if your attorney wants to waive a contingency. There is a difference between listening to the advice of your team and saying yes to everything.
Never Stop Working: TIt is no surprise that the most successful investors are typically the hardest workers. You don’t need to drive yourself into the ground but you do need to understand the amount of hard work it takes to be successful in real estate. Every person you meet and property you look at is a potential opportunity. The next time you are in your car, keep your eyes open for distressed properties or properties for sale by owner. Attend networking meetings and go to real estate investment clubs. Real estate is not a career where you can wait for deals to find you.
