Skip to content
×
Pro Members Get Full Access
Succeed in real estate investing with proven toolkits that have helped thousands of aspiring and existing investors achieve financial freedom.
$0 TODAY
$32.50/month, billed annually after your 7-day trial.
Cancel anytime
Find the right properties and ace your analysis
Market Finder with key investor metrics for all US markets, plus a list of recommended markets.
Deal Finder with investor-focused filters and notifications for new properties
Unlimited access to 9+ rental analysis calculators and rent estimator tools
Off-market deal finding software from Invelo ($638 value)
Supercharge your network
Pro profile badge
Pro exclusive community forums and threads
Build your landlord command center
All-in-one property management software from RentRedi ($240 value)
Portfolio monitoring and accounting from Stessa
Lawyer-approved lease agreement packages for all 50-states ($4,950 value) *annual subscribers only
Shortcut the learning curve
Live Q&A sessions with experts
Webinar replay archive
50% off investing courses ($290 value)
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x

Posted almost 10 years ago

Bad News is Good News in Real Estate

I tend to gripe and complain too much.  And I can be too negative.  I'll admit it.  It's a character trait that I am working on.  This trait was especially active in more former cubicle-world j-o-b life - and exacerbated by the fact that my personality just wasn't really a good fit for that type of career.

Anyway, I often see things differently in my Real Estate business(es).  I've learned to see difficulties as opportunities.  For example, I was recently talking with a loan officer at US Bank, and she told me that they would no longer be doing lot loans.  She was kind of down and out about it, but it actually made me smile.  The wheels started to turn, and I thought of the possibilities.  What if ........ what if it becomes harder for people (or builders) to buy lots to build new (or spec) homes on?  What if I could find a good piece of land with some road frontage, cut it up into lots, and sell those lots with owner-terms?  Hmmmmm.

Sometimes opportunity just jumps out and stares us in the face, and sometimes we have to look for it.  Either way, we have to have our eyes and ears open.


Comments