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Updated over 5 years ago on . Most recent reply

User Stats

25
Posts
16
Votes
Mujahidul Huq
  • Real Estate Broker
  • Orange County, CA
16
Votes |
25
Posts

What were your struggle starting out Investing?

Mujahidul Huq
  • Real Estate Broker
  • Orange County, CA
Posted

What were your struggles doing your first fix and flip or other investment projects? 

Most Popular Reply

User Stats

131
Posts
129
Votes
Timothy VanWingerden
  • Real Estate Broker
  • Lexington, KY
129
Votes |
131
Posts
Timothy VanWingerden
  • Real Estate Broker
  • Lexington, KY
Replied

I underestimated the time and money it would take. This applies to my first fixer-upper, as well as investment property. I thought I could take everything and convert it to a cost, but didn't account for the mental fatigue.

What I mean by mental fatigue is that with each step in the process, I was dealing with challenges that I have never before faced, and that was more stressful than I thought. 

Biggest struggle I would say the mental energy it takes to get the ball rolling and keep it rolling. Even though my first 2 deals have not been grand slams, it is great to look back at the past year to see how much I have learned along the way. 

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