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Updated almost 4 years ago,
Are there any math impaired RE investors here? :)
First of all, I consider myself very smart. I run a very successful company, have always excelled in everything I do (including school), and have even been pretty successful with RE investing & flipping so far (with my husband) but what holds me back is MATH. It is super frustrating because I cannot conceptualize or visualize math at all. I can't think in terms of percentages or ratios, and can't "see" what other people naturally "see" when it comes to numbers. And I don't mean mathematicians, I mean normal everyday people. THIS is what holds me back in real estate investing. I am a creative and massive problem solver. I see all the opportunities in front of me and all the different scenarios but the math part stops me short. I literally would be UNSTOPPABLE if I could conceptualize the math of these deals/situations.
I was listening to a Clubhouse chat with Grant & Elena Cordone and Elena said she doesn't do any of the math because she can't think that way. She let's Grant handle all of that. And I was like... OMG THERE'S SOMEONE LIKE ME???!! So that gives me hope. I feel like if I had a RE Math coach, who would practice with me every day, I might get better at it but I don't think such a person exists. I really need to learn one concept really really well so that I actually understand it and then move on to the next. Just like learning a language or an instrument. Ho hum.
I was talking with a lender today and he asked me some questions that I just felt... stupid answering. I definitely wasn't confident. Anytime I'm chatting with anyone in RE I just feel dumb. Just a Friday rant I guess!