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Updated 8 months ago,

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17,528
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Chris Seveney
Lender
Pro Member
  • Investor
  • Virginia
15,127
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17,528
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Can Getting Divorced Make You a Better Real Estate Investor?

Chris Seveney
Lender
Pro Member
  • Investor
  • Virginia
ModeratorPosted

I think we all can acknowledge that Divorce is one of life's most challenging experiences, but can it make you a better real estate investor? (sidenote I am not recommending in this post to get divorced as a way to be a better real estate investor). 

But here me out. Here is a situation, tell me if this happens in Divorce, Real Estate, or Both?

Emotional Baggage: We are stressed which weighs on us and clouds our judgment. Things are not going well, and our egos get in the way. We think we can fix this and make it better. After trying and trying, we are following the definition of insanity - doing the same thing over and over again expecting a different result. which leads too

Making Hard Decisions: I need to make a hard decision, its not working. I have never had to make this hard a decision but after doing the same thing over and over again, do we cut our losses. Why should we cut losses....

Financial Strain: This is not working and is going to have a significant impact on finances. This will not be pretty and is going to cost me. Do I bite the bullet now or again hope till its gets better and potential does not have as big a financial impact. But what next, lets get some expert advice...

Back to my ego, I never want to ask for advice, but lets leave my ego at the door and ask for advice - should I stick it out, how can this be resolved, should I settle with the other parties and get out of this situation for my sanity?

For those who have been divorced, have you been able to put emotions aside when making a decision in real estate and be vulnerable and not have a big ego?

**Full Disclosure - I am also not in the process of getting a divorce or even considering it :) ***

  • Chris Seveney
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