All the feels
I've been hammering it hard at work this week, mainly building out training manuals and putting systems in place for my new hires. I didn't realize how many things fill up my days until I tried to teach someone else to do them. Yikes.
It's Friday today and about half the time my brain shuts down on Fridays. I go into work and I try and I try, but... I'm definitely not my most productive self.
I've ventured into the wholesaling arena and I'm struggling with it emotionally and psychologically. Starting in July, I spooled up a marketing machine and hired a guy to answer the phone and go make offers for me. It's nice because I basically get to run my numbers on a property, guess at the repairs, and then tell the guy to confirm my repair estimates and offer lower than I want to pay for it. If they say yes, great!
My main source of leads this year has been Auction.com, and they only seem to work out for me about 70% of the time, so I need better buys. But back to the emotional thing. When a property goes wrong, it just kills my day and I can't recover. That's what happened today. I thought I had a fantastic wholesale lined up, only to get the title work back today and find out that this $70k property has $220k in IRS tax liens tied to it. *sad face* (My days also die when I get my accounting reports back and find out my rehabs are not going to make a lot of money. Or when I get crappy feedback on a pretty property I've listed.) I need to let this stuff go. LET IT GOOOOOO! LET IT GOOOOOO!
It's Friday today and about half the time my brain shuts down on Fridays. I go into work and I try and I try, but... I'm definitely not my most productive self.
I've ventured into the wholesaling arena and I'm struggling with it emotionally and psychologically. Starting in July, I spooled up a marketing machine and hired a guy to answer the phone and go make offers for me. It's nice because I basically get to run my numbers on a property, guess at the repairs, and then tell the guy to confirm my repair estimates and offer lower than I want to pay for it. If they say yes, great!
My main source of leads this year has been Auction.com, and they only seem to work out for me about 70% of the time, so I need better buys. But back to the emotional thing. When a property goes wrong, it just kills my day and I can't recover. That's what happened today. I thought I had a fantastic wholesale lined up, only to get the title work back today and find out that this $70k property has $220k in IRS tax liens tied to it. *sad face* (My days also die when I get my accounting reports back and find out my rehabs are not going to make a lot of money. Or when I get crappy feedback on a pretty property I've listed.) I need to let this stuff go. LET IT GOOOOOO! LET IT GOOOOOO!
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