FIGHT OR FLIGHT?
Hi @Oyoshy S. a fighter here from Carolina-lina-lina PR. Income properties and flips in Florida and PR since 2005. Skin like a Rhino. Ready for the next deal... Welcome to the site. Ponle!
I'm surprised people aren't trying to get heat into their attics to try and melt all that snow off the roof.
Originally posted by @Brian G.:
Hi @Oyoshy S. a fighter here from Carolina-lina-lina PR. Income properties and flips in Florida and PR since 2005. Skin like a Rhino. Ready for the next deal... Welcome to the site. Ponle!
Hi Brian G.!! So sorry for the delay!! Thank you for welcoming me! All of this is still fairly new and a tad scary! Happy to hear you've been at it for ten years! I've also thought of investing in FL, but have never considered PR! I'd love to connect more with you!
Good morning!
All your fears and concerns are understandable and expected unitl you've gotten your feet good and wet. There will always be a bump or two in the road, but not enough to throw you in the ditch. With each deal you close, the easier it gets. Can't help you with the snow issue, we don't get much of that down here in Orlando. I remember my first investment. All was going well unitl the main water line burst and started flooding the front yard. Sleepless nights insued as I saw my margins get tighter. I learned to account for the unexpected for my next deals and leave a cushion for the unknown. Experience and persistance will see you through. Stay strong and keep moving forward. The rewards are well worth it. Best of Luck!
My first flip was my family home that I grew up in. Unfortunately hard times and the economy forced my parents into foreclosure. I was 18 years old and fresh out of highschool.... the people who bought it at the court house auction came to our house that rainy afternoon and said "uhhh yeah we own your house now, get out."
We found a way. We made it a win/win...We survived.
ALWAYS FIGHT
The key to overcome fear is knowledge. You won't get the fight or flight response unless you get the stress of fear. This is what I suggest about our fear, we have fear because we follow an insane truism. That is a concept that everybody knows is true but is not. That truism is that you learn from others or your own mistakes. That is the stupidest thing you have ever heard and you have never thought about it. If I tell you 1,000 mistakes you know 1,000 ways it won't work but still have no idea how to do it. That generates fear because you keep hearing about all these failures and still have no clear path. I suggest you learn from other's successes. Ask a person doing what you want to do how they do it and do that...do exactly that. You don't have all those failure reinforcement opportunities and also you have a clear path to follow that means no fear and no fight or flight needed.
"Whatever is out to get you, be out to get it"=Jim Rohn.There is nothing else like it as it lead to leaps in learning