The past two decades have not been any easier for average Americans, and things seem to be getting even worse. Economic recessions, real estate market crash, and the volatility in market trends have crumbled too many dreams. The loss to millions of Americans has become perennial, and when they lose their retirement benefits in the housing market, hopelessness becomes the order of the day. However, according to Jim Toner, the real estate market was and has always been okay; it is the misguided and poorly executed decisions that people have been making.
Entrepreneur Jim Toner is among the most accomplished entrepreneur who truly knows how to go about real estate investment. To say that he has come a long way before reaching the peak of his career in the 25 years that he has been investing in real estate is an understatement. He has gone through severe misfortune, which kept crippling his efforts every time he made a breakthrough. But as bad as it was, Jim Toner learned the hard way and was able to take control and created an emperor for himself. While at his lowest point, he thought that real estate business is too much of a risk. After learning that lack of adequate knowledge and the certain skill set were the main causes of his perpetual failures, he was up for the challenge, and it took him long to painstakingly gather all the required skills and knowledge that was necessary to capitalize in this potentially profitable industry.
Besides knowledge, Jim Toner believes that fear is a great inhibitor to making sound judgment and taking necessary steps when it comes to real estate investments. According to Jim, faint-heartedness has no place in the industry. Another important and very instrumental aspect is the attitude. Fear and attitude determine the kind of decision someone makes. They also determine the time someone takes to make up his mind, which is imperative when it comes to growing wealth and risking more money in the real estate.
While it is natural to blame the real estate for some of the financial crisis that has ever happened in the United States according to Affiliate Dork, Jim insists that poor decisions, just like the ones he used to make back then, caused the crash. The market is controlled by forces that are direct results of people’s decisions. For instance, when people copy each other on a certain decision, it creates a huge demand in the market causing prices to gallop. But at the end of the day, people will blame the market instead of themselves.
More info: https://www.score.org/mentors/jim-toner