Rob Swanson’s Real Estate Investing Blog

Babe Ruth is known as the ‘Home Run King’. What most people don’t know, at least it’s not highlighted, is that he also had the most strike-outs of any other batter!

How is that relevant?

Look, as a real estate investor, this business is a numbers game 100%. You have to swing for the fences to be successful and you have to take chances. Babe Ruth did not become the home run king by taking it easy or by holding back. Go for it.

Get over whatever it is that is causing you to procrastinate, hold back and not succeed. Every time Babe struck out he was one at-bat closer to the next home run. It’s the same with real estate.

Each time something goes wrong (and it will for you like it does for me), you just have to bounce back. Be resilient. Go again. Don’t stop until you succeed.

This business isn’t easy, but it is simple.

I’m not in Denver right now, I’m out of town and was meeting with several investors over lunch today.

They talked about sophisticated technology and software to analyze deals and figure out if a deal is a good buy or not. They had totally over-complicated the whole evaluation and were’nt even sure of what benchmark to really evaluate against.

I moved our food out of the way and on the paper tablecloth at our outdoor patio lunch venue I scribbled out a quick and easy formula to figure out if you have a good deal or not.

They looked at me in shock and said “Is it really that simple?” For the nearly 20 deals we closed last month…it is.

Swing for the fences. Make some mistakes, correct course and go after it again. It really is that simple.