Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

174
Posts
64
Votes
Luis Montanez
  • Contractor
  • Marietta, GA
64
Votes |
174
Posts

Staying on track.

Luis Montanez
  • Contractor
  • Marietta, GA
Posted

How do you keep from getting side tracked from business ideas outside of real estate investing? 

In my case, I started building a business, related to real estate, but it took me out of my core focus.

It all start like this: 

1. "how expensive X product or service is"

Then the following thought comes to mind:

2. "if I had a company that provided X or Y product or service I will save that money" 

It could range from getting a broker/agent license, becoming a general contractor, starting a flooring business, etc. Then as you start  dealing with nickel and dime customers, employees, lost inventory, learning curve, etc. I wake up one day to say:

3. "What the heck am I doing? I should be doing real estate investing not jumping all this extra hoops"

I know my thought process but I still fall in this trap every few years. 

What have you done to avoid this?

Loading replies...