The Only Real Estate Investing Mistake You Can’t Ever Really Fix

The Only Real Estate Investing Mistake You Can’t Ever Really Fix

2 min read
Sterling White

Sterling White is a multifamily investor, specializing in value-add apartments in Indianapolis and other Midwestern markets. With just under a decade of experience in the real estate industry, Sterling was involved with the management of over $10MM in capital, which is deployed across a $18.9MM real estate portfolio made up of multifamily apartments. Through the company he founded, Sonder Investment Group, he owns just under 400 units.

Sterling is a seasoned real estate investor, philanthropist, speaker, host, mentor, and former world record attemptee, who was born and raised in Indianapolis. He is the author of the renowned book From Zero to 400 Units and the host of a phenomenal podcast, which hit the No. 1 spot on The Real Estate Experience Podcast‘s list of best shows in the investing category.

Living and breathing real estate since 2009, Sterling currently owns multiple businesses related to real estate, including Sterling White Enterprises, Sonder Investment Group, and other investment partnerships. Throughout the span of a decade, he has contributed to helping others become successful in the real estate industry. In addition, he has been directly involved with both buying and selling over 100 single family homes.

Sterling’s primary specialities include sales, marketing, crowdfunding, buy and hold investing, investment properties, and many more.

He was featured on the BiggerPockets Podcast episode #308 and has been contributing content to BiggerPockets since 2014, with over 200 posts on topics ranging from single family investing and apartment investing to mindset and scaling a business online. He has been featured on multiple other podcasts, too.

When he isn’t immersed in the real world, Sterling likes reading motivational books, including Maverick Mindset by Doug Hall, As a Man Thinketh by James Allen, and Sell or Be Sold by Grant Cardone.

As a thrill-seeker with an evident fear of heights, he somehow managed to jump off of a 65-foot cliff into deep water without flinching. (Okay, maybe a little bit…) Sterling is also an avid kale-eating traveller, but nothing is more important to him than family. His unusual habit is bird-watching, which he discovered he truly enjoyed during an Ornithology class from his college days.

Sterling attended the University of Indianapolis.

Instagram @sterlingwhiteofficial

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This might come across as strange, but I feel that real estate can be rather philosophical in a sense. While it might seem odd, this is actually a blessing in disguise. This is because it will allow you to see things in a range of gorgeous shades and hues instead of a boring, monochromic black and white.

There are a lot of shades that come with successful real estate investing. Similar to playing an instrument or a sport, it is a kinesthetic skill that molds the human mind and physical ability in such a way that they become flawless in the utilization of that skill.


Related: 5 Highly Actionable Steps to Make REAL Progress Towards Your Investing Goals

The Loss of Flexibility Over Time

Obviously, similar to most things in life, the earlier a person starts learning a certain skill, the higher the chance this skill will be able to fully blossom and meet a fruitful outcome. For those of you who are wondering why, the answer is actually rather simple. It is because the longer we are exposed to the world, the more our minds and bodies are jaded/conditioned. They start to lose their ability to mold, and with their elasticity decreasing by the day, it becomes far too difficult to start learning how to be flexible again.

Therefore, once your body and mind reach that highly critical moment, it is nearly impossible to start bending them in such a way that they can fully grasp the difficult concepts. So regardless of whether it is learning how to play an instrument or a sport or first dipping your toe into the world of real estate investing, the earlier you start, the more pliable you will be.


Choose Action Over Waiting

If you choose to wait to begin, despite the fact that learning this trade is going to be a bit more painful and far less natural than if you had chosen to begin earlier, so long as you have the persistence and put in the hard work, there is no doubt that you will still be able to go far.

Related: Why You Should Take Investing Action — Even if it’s Small — Right NOW

All in all, my firm belief is that most (if not all) mistakes definitely have the opportunity to be recovered — so as long as there is enough time to actually go in to fix them. In all honesty, the only mistake that we won’t be able to fix is missed time itself, and this is simply because once it flows on by, it is gone for good.

So if I were to change anything or act differently in any way, the only thing I would change would be the fact that I would have chosen to begin sooner! No excuses. Go take action and be great! 

So what’s holding YOU back from beginning — or if you’re already an investor, do you wish you’d begun earlier?

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