- Joined
- Feb 15, 2019
- Messages
- 245
Rep Bank
$2,280
$2,280
User Power: 429%
Yo guys,
it's been a while since I've been on here, but have been struggling a lot recently. I have jumped into real estate full time, and in the past year, I have acquired 30 rental properties, with my latest being an apartment complex. I'm currently flipping 3 houses, and do a lot of real estate wholesaling. My issue recently has been deals are constantly falling apart, expenses running higher than expected, and quite frankly, it seems every time I turn around it's more problems. I've found myself wondering recently, "is this really the right path for me"?
Ironically enough, I've done big things in 1 year and have accomplished a lot, however I get bogged down in the micro and deals falling apart. How do you cope with multiple failures at one time? To give you an idea, over the past 24 hours, I've had 2 deals fall apart that was supposed to be $11,500 in profit, an unexpected expense at the apartments ($3,000). It's the days like these where you say what the hell am I doing?
How do you guys embrace this? How do you learn to roll with these punches and still get back up?
it's been a while since I've been on here, but have been struggling a lot recently. I have jumped into real estate full time, and in the past year, I have acquired 30 rental properties, with my latest being an apartment complex. I'm currently flipping 3 houses, and do a lot of real estate wholesaling. My issue recently has been deals are constantly falling apart, expenses running higher than expected, and quite frankly, it seems every time I turn around it's more problems. I've found myself wondering recently, "is this really the right path for me"?
Ironically enough, I've done big things in 1 year and have accomplished a lot, however I get bogged down in the micro and deals falling apart. How do you cope with multiple failures at one time? To give you an idea, over the past 24 hours, I've had 2 deals fall apart that was supposed to be $11,500 in profit, an unexpected expense at the apartments ($3,000). It's the days like these where you say what the hell am I doing?
How do you guys embrace this? How do you learn to roll with these punches and still get back up?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
