Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Investor Mindset
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

6
Posts
0
Votes
Chris Villalobos
  • Bradenton, FL
0
Votes |
6
Posts

Is emotions the biggest threat for you?

Chris Villalobos
  • Bradenton, FL
Posted

hello :)
I have been reading as much as I can about real estate investing for the past week, and one article I came across in Reddit made me especially curious to how other investors think.
The article explained: "So you want to be a real estate investor. Congratulations! Hundreds of thousands (if not millions) of people have had this same thought. Over the last ten years the proliferation of "reality" TV has made the real estate investing, in particular flipping, "sexy". As a result, everyone believes they can do it. The reality is somewhat different.

The truth is real estate investing, when done correctly, isn't difficult from a logical point of view. The challenge, as with most wealth building paths in life, is it takes not only knowledge but significant mental and emotional adjustment. After going through the process of becoming a full time investor over the last ten years and watching hundreds if not thousands of new investors disappear during that time, often without buying even one property. My observation is the emotional adjustments are most difficult challenges to overcome."

So this got me wondering and now I want to ask you, the investors:
1) do you agree with the article?
2) If no, what makes you disagree? 
3) If yes, can you share some examples of real life experiences that you went through that proves the articles point? what adjustments did you make?

Loading replies...