Most difficult challenge in your RE biz so far?

[Kyle Curtin]

What is the most difficult challenge that you have had to face in your real estate investing business to date? 👀

The biggest eye opening challenge for me after my first 9 months of ownership was definitely underestimating how much time it would take to do work to the unit myself…

I work a 40 hour job, run a REI focused podcast, am an agent, host a monthly event, & working on the systems to acquire the next deal, and time is something that I have to really structure carefully.

After working on trying to refinish cabinet doors, install inset hidden hinges, paint, and a few smaller tasks in the unit for probably around 6 months when I had “free time” with subpar success, I began to realize the importance of delegation and the roles that you want to play in your business VS what you should hire out…

I quickly read the book “Who, Not How” that I have heard so much about before, and put it into practice and hired a contractor to do some work to that unit, and it is the first thing that I think of today when work needs to be done…

Your time is extremely valuable, and definitely be mindful of your $$$/hr worth of time, vs delegating work out to someone who can most likely do it 10x better and in 1/2 of the time to make your vision happen!

What has been your biggest challenge to date?