All Forum Posts by: Tim Hollingshead Jr

    I know this post is a bit older but I thought I'd share anyway.  SO unfortunately My significant other and I could not see EYE to EYE on our financial future. Especially when it pertained to Real estate investing of any kind.  I tried to encourage/ educate and asked her to read books.  I initially asked her to read "RICH dad Poor Dad".  I asked for that first because I thought it would help the overall concept of financial future without to much detailed real estate involvement.     I tried every way I could to show her this is a dream and not a fad. However I am only responsible for my part and that is giving/ delivering/ sharing the information I am passionate about. What the other individual ( whoever it maybe) decides to do with that information is completely out of your control.  Can lead a horse to water, but you cannot make them drink.  

 SO I Decided that despite the opposition and how much time I was spending trying to get her to understand/ share my vision that I was going to follow my dream no matter what.  Ill say this  " You are responsible for you" If you Do not follow your dreams no one else will do it for you.    

With that WE ended up separating. ( Financial Freedom was not our only issue) but for this post we will stay on the real estate subject.)  It been over a year now and I am finally getting back on the horse and I can say, I learned a lot from that life experience but Zero regrets over a year later. 

Why - Sometimes relationships can be more toxic then good. I am talking any relationship not just significant others, wives, husbands. ETC ETC.  

   My point to this story is this,   YOU DO YOU FOR YOU.  BE the REAL VERSION OF YOURSELF ALWAYS. You should not have to walk through this life on egg shells because your not sure what the people closet to you might think , or worried about how they will react.  Good and BAD relationships will come and go. BE PURE and TRUE to yourself and you will know which ones will help you grow and which ones will drag you down.   God Bless and GOOD LUCK to all INVESTORS!!

Saving money is more of a life style then a goal in terms of an amount to begin real estate investing.  I currently live on 75 to 80 percent of my net income. Point I'm trying to make is, it takes discipline.  First thing I do when that paycheck comes in is pay myself.  I put money in savings and then pay my bills.   I did not start at 20-25 percent in savings. It took time and persistence. Even if it's 10 dollars a pay. Pay yourself first every pay.  The key in the beginning is to create a habit.  Then once it's routine you can focus on the amount.  GOOD LUCK.

Hello, I am in my own mental game right now.  I have a decent amount of cash saved up. I have been reading all types of real estate and motivational books. I have a plan of action on paper. I just need to put the plan to action. My goal in 2019 is to get over that mental hump and purchase my first deal.  I run 3-5 property analysis a week. Still looking for that right deal.  I'm going to start with a duplex , would perfer more units,  but for the first purchase I am going to take it slow.  I also do not want to take on a home that needs a lot of work.  Although I am fairly handy there is going to be enough new things to learn about becoming a landlord without taking on major repairs.   

  Good luck to all investors, especially the new ones like me who need that push to get over the mental hump.