Russ Whitney is a real-estate magnate. He owns millions of worth of real estate properties and he is the CEO and chairman of two corporations-the Whitney Educational Group, Inc. and the Whitney Information Network, Inc. In fact, his net worth is around a hundred million dollars.

Once you learn of Russ Whitney’s modest beginnings, you will begin to wonder about how he got to become one of the nation’s millionaires and the one of the leading man in real estate business. How could a high school dropout and a slaughterhouse work boy turn into a millionaire in just a matter of months? Russ Whitney isn’t so secretive about his secrets to success. In fact he developed a program which teaches new investors on how to invest and generate cash flow.

One thing that Russ Whitney teaches is to treat each and every property as if it’s the first property you ever bought. As an investor, you’ll probably consider the first property special.

After all, the decision to buy the first property wouldn’t come easy. You’ll probably read books, listen to tapes, watch videos, and travel across the states to attend seminars, trainings, and conventions-one of them may even be Russ Whitney’s.

After finding a rundown property-probably an old duplex or apartment, you clean it up and repair the things that need fixing. After some renovations and a lot of styling, you get yourself an almost-brand new property. You find some tenants and boom! You found yourself a source of monthly income. This phase is probably one of the most exciting moments in your real estate career.

But what happens after you get yourself about ten more properties? You probably won’t get as excited about working on them as you did on your first. Not that you don’t value your other properties as much, it’s just that you don’t get the same feeling you had when you had your first one. This, of course, is normal.

Normal it is. But the problem with most investors is that along with losing the feelings of excitement, they also tend to do away with the care and attention they had given on working on their first property. And this is wrong. Investing in real estate can generate income-in fact it may even lead the way to an investor being a millionaire. These properties can make one wealthy, especially if the investor knows how and where to invest in. But the thing is real estate properties can only generate income, if all properties are treated alike.

Remember that each property is an investment, whether one might generate more income than the other, all of them are investments still. Small properties, big properties-they all play a part in one’s success.

Russ Whitney explains how important it is to keep a balance in your real estate properties. Take care of your old properties because if you don’t then these properties won’t help generate income. However, you should also invest in new properties to help your business grow. The main point is to keep everything balanced because every property matters.

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Category: Real Estate
Keywords: real estate,russ whitney,real estate properties