Episode 3: One Thing After Another

Episode 3 One Thing After Another In real estate investing sometimes one thing happens after another Sometimes you can t find a deal You talk to sellers and agents thinking you have a deal and it falls through Maybe the title is bad the seller wasn t serious about selling the house has severe issues not worth correcting at the price you re buying the property for It can seem like one after another you can make a deal work Then you find a deal but you need insurance HUD statement escrow an attorney keep the seller informed and find the money to get the deal done You close on the property you need to do work to create equity you have contractors who are late or don t finish the job An investor changes their mind Something happens with your credit Maybe multiple buyers want the same pieces of property Maybe you are dealing with city regulations 04 30 When it feels like one thing after another — I have to focus on the fact that it is absolutely true One bad tenant after another one missed payment after another one bad contractor after another In between those are amazing opportunities to increase your family s wealth That s why I invest in rental real estate I get one rental check after another one rental payment after another and it continues increasing I build one relationship after another If you re unhappy with the contractors you re hiring examine your process Are you picking up just anyone off Craigslist with no references 06 30 Readjust your mindset to focus on the positive in your real estate business Think about the great people you meet along the way funders bankers insurance folks tenants contractors One after another You don t know how much you can benefit or give until you meet them There s always an opportunity One thing after another also looks like the tax depreciation I get every year 09 00 I look at one thing after another that is growing my property and myself If I look at the bad and want to quit I also have to look at the great things that make me say I want to grow even further Click here to visit this podcast episode

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