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Updated over 4 years ago on . Most recent reply

User Stats

20
Posts
10
Votes
Max Baker
  • Rental Property Investor
  • Tampa, FL
10
Votes |
20
Posts

The Most Important Lesson You Learned in the Trenches

Max Baker
  • Rental Property Investor
  • Tampa, FL
Posted

Question for all of the real estate veterans on here who have weathered the good, bad and ugly. 

What do you know now that you wish you knew when you were beginning your journey?

I've searched the forums, but most posts look dated or didn't gain much traction. I'm primarily focused on buy & hold small multifamily / single family properties for cash flow, but I would welcome investors from all backgrounds to chime in!

Most Popular Reply

User Stats

464
Posts
563
Votes
Ujwal Velagapudi
  • Investor/Agent/Entrepreneur
  • Dallas, TX
563
Votes |
464
Posts
Ujwal Velagapudi
  • Investor/Agent/Entrepreneur
  • Dallas, TX
Replied

It's not over till it's over...so keep persisting until you make it happen. 

So many deals fall through, either as a buyer, seller, or landlord, for so many reasons. But the key is to keep persisting to close the deal and simply make it happen, by taking each roadblock within a transaction as an opportunity to learn how to get creative and overcome it. Whether it is getting a potential tenant to rent with you, a contractor who ran off with an incomplete job, a seller who backed out of the deal, a lender who doesn't want to finance your deal, you will need to push through till you accomplish your task. 

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