15 October 2021 | 3 replies
So even though I've gotten out of what I consider to be my longtime victim mindset which is a huge step forward, I'm not yet who I'm trying to become if that makes sense and that takes time.I just thought it might be interesting to hear from others about how you dealt with these issues in your own careers and what practices helped you in separating emotionally and keeping separate from naysayers and people who feel you should be a specific type of person.

16 October 2021 | 4 replies
Investors don't have emotion when buying property.

7 November 2021 | 7 replies
You would need either an emotional reason to sell (like me- I decided I don't have time to be running Airbnbs), or you have a strong negative view of your market and want to cash out, or you would need to be in a market with very low cash flow (where you would eventually hit your Debt to Income limit, capping the amount of total real estate debt you can have).

28 October 2021 | 3 replies
It made me a little sick to know that the seller picked this thing up for 100K less only about 6 months before i bought it but I purchased anyway because if Ive learned anything as an investor it is to run by numbers and not emotions.

25 October 2021 | 0 replies
NO emotions here, strictly math.By pure happenstance, we ran into a different property that seems to make sense financially, but is a little more scary then we thought we were ready for.Local to us, a commercial/residential building is for sale. 4 store fronts street level, 2 apartments upstairs, and 1 large unit upstairs that needs a little rehab to be leased out, as it was occupied on and off by the owners kids for many years.The 4 retail units, and the 2 residentials are all spoken for with good leasing history.

1 November 2021 | 12 replies
Its fair to say the house was in distress so we basically made an emotional decision as we wanted the land thinking a house you can Always fix.

10 November 2021 | 1 reply
The reason I was given, is that they (the sellers) saw me as less of a flight risk being as that I was less emotionally involved given the fact that the home was going to become a rental property.

10 November 2021 | 4 replies
I believe it is wrong for you to personally try to contact your ex-tenant because doing so will make you emotional and put you in a bad state-of-mind.

14 November 2021 | 8 replies
Most small landlords end up with these difficulties because emotion gets in the way.

16 November 2021 | 2 replies
The benefit of an agent is that they have experience, they can negotiate on your behalf without getting emotionally involved in the transaction, they provide a second set of eyes, etc.