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  • Users: T14
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  1. T14

    HOW DO YOU GET OVER FEARS

    EXECUTION 
    Surround yourself with people who have done or are doing what you're interested in doing. After you've spent some time with these people, you'll realize that they're human, full of emotions, insecurities, and fears just like you are. You'll begin to understand that everyone has fear. Winners...
  2. T14

    I want to create a company and sell it ASAP

    Matt, you seem like a bright individual after reading your responses to people's advice here. I think we can all agree that no amount of significant success comes from throwing a business model together in a few hours and slapping a million dollar price tag on it. This only seems to work with...
  3. T14

    Good first purchase?

    REAL ESTATE 
    @SteveO the crew that works for you, are they paid hourly? Do they work specifically for you only? FT/PT? If they're not subs, what do they do to stay busy all year? The reason I ask is I've found through flipping houses that subbing out contractors has been the best way to start. No overhead...
  4. T14

    Apartment Investing

    REAL ESTATE 
    @SteveO thanks again for following up with everyone''s questions. This thread has been a big help with showing me the future possibilities in REI especially since I started flipping SFHs this year. You mentioned Vollucci's book helped with analyzing markets and where and when to buy apartment...
  5. T14

    Which skill do you need as an entrepreneur

    Learn to become a master of your emotions. How to think logically and remain focused. In business, ESPECIALLY with startups, new things pop up every day. Every single day, if you're doing it right, you'll be faced with new fires that need to be extinguished. It can be exhausting. I think if...
  6. T14

    Older and feeling behind

    HOT! MINDSET 
    Do some research on the "availability heuristic" and then try to see how it relates to what you, personally, focus on. Everyone here generally shares similar views in that we tend to focus mainly on subjects like entrepreneurship, marketing, business, wealth creation, working hard and smart...
  7. T14

    First Solo Flip & I'm in Trouble

    REAL ESTATE 
    I see on the zillow listing that you've lowered the price to $320K from $380K. That's a HUGE reduction. I think you may have overestimated the ARV on this one. Typically when houses aren't selling, especially when they're in nice areas and in good shape, it's a price thing. My recommendation...
  8. T14

    Repairs before closing?

    REAL ESTATE 
    @CarrieW i'm loving this progress thread. Keep it up! I just set up my LLC to begin rehabbing houses o this thread has come at a great time. I was hoping an experienced REI like @SteveO could share with us why it seems some investors seem to have an "easier" time getting properties off of the...
  9. T14

    The Simplicity of it All

    NOTABLE! MINDSET 
    It's funny how these posts always seem to pop up at the right time. More importantly, the more I learn, the more relevant some posts seem to be whereas maybe just a few days prior, I would've simply overlooked them. @SteveO , your initial post is spot on. It's interesting to see how everyone...
  10. T14

    Thinking About Hiring a Coach? Think again!

    REAL ESTATE 
    "Fake it 'til you make it" though... right?!
  11. T14

    What was your breaking point?

    MINDSET 
    In the past month I've hired another employee for our handyman company, raised $200k in private money, met with an attorney to draft operational agreements for my real estate investment company, and continue to crush my goals in the gym. 1.5 years ago... I knew NOTHING about real estate...
  12. T14

    One thing I did not expect when "exiting" a job

    PEOPLE 
    I'm reminding myself and hopefully a few other new business starters here, but... Don't let the praise, compliments, amazed reactions, envy go to your head. It's a sure fire way of becoming complacent, thinking you've already succeeded, and ultimately retreating back to the 9-5 world with your...
  13. T14

    Apartment Investing

    REAL ESTATE 
    @SteveO you mentioned in a response to one of my questions that bank financing hasn't been much of a challenge for you. Was this the way you started investing in buy and holds? Have you used private money? Would you mind sharing what terms you borrowed the money at if you have? @zend***phin gave...
  14. T14

    Going to make $2,500 in one week with $0 investment

    EXECUTION 
    What happens when a stranger you hired falls off a roof and breaks his back? Or if they steal something/vandalize your customers property?
  15. T14

    Any LOW carbers around here? What kind of homemade snacks are you making?

    I agree with what you've said 100%. 100 calories from sugar does NOT have the same impact as 100 calories from fats/protein. A person could also lose body fat with a high-fat diet. Listen to your body and learn what foods work for you. All great advice. My statement was a vague explanation of...
  16. T14

    What was your "Holy Sh*t" moment?

    HOT! MINDSET 
    SteveO, if it's something you wouldn't mind sharing, could you explain this? A someone who's getting started in real estate investing, I always look forward to reading about your perspective on things.
  17. T14

    Any LOW carbers around here? What kind of homemade snacks are you making?

    @dabelge, you can never go wrong with vegetables. In my day-to-day eating habits, I load up on vegetables whenever I'm hungry but running close to hitting my caloric intake for the day. Please do not confuse low carb diets as being the ONLY way to lose weight. You may want to take a look at...
  18. T14

    Is this a bad idea?

    IDEA 
    I started a service businesses 7 months ago. It's technically a contracting business but our marketing "makes" it a "home preparation" company. Similar to real estate agents and personal trainers, the typical contractor only needs some experience and to pass an exam. There's a very low barrier...
  19. T14

    Does anybody else get depressed after seeing entrepreneurial successes?

    HOT! FTE 
    You're right. You're not there. But don't let that deter you. I'm 28 this year, and 5 years ago I thought that I was "there". I had visions of talking with investors, pitching my deals, creating a business, and surrounding myself with real go-getters. Looking back, I can laugh and admit that...
  20. T14

    How social are you with strangers?

    HOT! MINDSET 
    Just yesterday I stopped by a real estate office in my area. I was initially referred to an agent there who might be able to use my company's services and in turn recommend us to other agents that he knows. The first time I met him I sent him an email explaining how I found out about him and...

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