What Have Been Your Greatest Frustrations In Starting Out?

[Sue In Denver]

Hi Everyone!
This is a great site!!! I have been coaching some new investors over the last year and decided to start writing down the basics for they and others that I can share with in the future.
I have addressed some of my own frustrations as I learned the ropes but my experiences are of course different than what others have experienced.
I would love to hear what you found the most frustrating or what was your biggest road block to getting started in real estate.
Thanks for your insights!

[Timothy W.]

Hi Sue,
I would have to say my greatest frustration was that I deviated from my original strategy and got sucked into a local REIA where everything was based on chasing the fast buck. I had the greatest investor I knew personally at home, my own father, and ignored what he told me for 3 years while I ran around trying to make quick deals happen. It was 3 years of wheel spinning while he increased his portfolio by about 5 million dollars and another $30,000 in monthly rental income but it was my own fault. Lesson learned. I now do what he tells me to do and my success has slowly and steadily skyrocketed.

Tim