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Mental Challenge Of Managing Real Estate

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Managing Real Estate ruined my mental health. 

On multiple occasions actually. And it’ll ruin yours if you let it.

I’ve shared tons of videos about how finding the right deals or keeping cash flow steady are some of the biggest challenges in real estate investing. 

And while those are tough, let’s get real—what truly tests you is the mental challenge of running a real estate business. 

When you’re in the game, you’re not in control. 

The market moves in its own way, and unexpected issues with properties? They happen. 

I’ve implemented extremely complex systems to make sure we are only buying grand slam deals, and STILL had;

1. Property not sell for what I thought it would.

2. Projects take longer than anticipated. 

3. Construction cost more than originally quoted.

But here’s the kicker: Implementing systems in RE isn’t about controlling the outcome.

It’s about being ready for anything.

To protect your mental health and stay grounded, it’s crucial to set the right expectations with yourself and those you work with. 

I’ve had lenders calling, partners pissed, contractors arguing, and have wanted to quit, all because I forgot the truth about real estate…

And that is that it’s still investing. There’s still risk. And the more potential reward. The higher the risk. There is NO investment without risk. 

So if you can remember this and build your business around this principle, you’ll be less likely to want to end it all every-time something doesn’t go according to plan. 

Remember, it’s not about having everything under control. 

It’s about being prepared and adaptable. 

If you can do that, you’ll thrive in this business for the long haul. 💪

Stay strong, stay smart, and let’s keep winning! 🏆

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