Ep 275 | A Candid Chronicle of Real Estate Ambitions and Adversity - podcast episode cover

Ep 275 | A Candid Chronicle of Real Estate Ambitions and Adversity

Apr 10, 20248 minEp. 275
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Caught in the whirlwind of a real estate deal at Baird Park that's been nothing short of a nocturnal nemesis, I bare it all in a heart-to-heart on the sheer intensity entrepreneurship can bring. My sleepless saga, dominated by the meticulous demands of a private inspector, echoes the familiar pangs of high-stakes business ventures. The property's potential to pivot our success hangs in the balance, and the journey has been a relentless test of my resilience.

Throughout this candid episode, I peel back the layers of not just the deal, but also the emotional and mental toll it extracts. Each inspector visit carries a weighty cost, both financially and psychologically, and the mounting setbacks have pushed me to my limits. However, the experience has ignited a transformation in perspective. The hardship is morphing into valuable lessons, and this narrative serves as a potent reminder that adversity often sets the stage for triumph. Tune in for an unfiltered glimpse into the world of deals, determination, and the delicate art of bouncing back.

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Transcript

Speaker 1

You know , when you have one of those weeks where you have serious highs and serious lows and I'm not talking about a roller coaster . I've been on that one for about 10 days , with our first property being sold on Baird Park , and we've had some challenges with the private inspector and what he is looking for in a couple items .

And can you say that I've had some sleepless nights , to say the least . And whether you're an entrepreneur , a W-2 employee , when you're on one of those projects that is going to make or break your business , it is truly , truly excruciating at times , especially when you can't sleep at night because you're worried about this .

And for me to worry about something to this extent is tough . I mean , everything else in my world stops because of it and I just don't want to ever be here again and I just don't want to ever be here again . So once we get this thing to the finish line today , squared up , everybody's happy . I've got to change a bunch of stuff from one , my mindset .

Two , my business , and three , a way to protect ourselves . Excuse me , let's say that again protect ourselves to make sure this all works , because everything is hinging on this deal . And why do we want to be in this type of position when we don't really need to be .

There are a few other things under the hood that I'm trying to work business , but then also getting this done . So it's off of everybody's plate because it's slowing down our other projects , it's slowing down other work , it's slowing down the development of the block . It's just getting crazy .

And to get all this done , guys , and off my plate , is the number one thing that I want to do . But to say that beyond push to my limits . Yes , am I so far down a rabbit hole that I can't make a shift ? No , I think from a mindset aspect , because I can't control everything that's going on in the business . From this aspect , because I can't .

Everything depends on this and this private inspector to come out and say everything is good , that's . I'm struggling because I don't get why we're not passing . We've asked the questions , we've done what he asked us to do and now he says that we need to make additional adjustments . I don't know how to describe that other than pretty crappy , to say the least .

But also , it's really disheartening that there's potentially every time he comes out . It's really disheartening that there's potentially every time he comes out it's $175 trip charge that I'm having to pay . So far he's been out three times . That's three times too many and I just I don't get why . So enough of that , guys .

I just I'm going to get off it , because if I dwell on it more , all it's going to do is just cause more trouble than it truly is worth .

The last piece , guys , I wanted to talk about today is just this when you're down and out in business , in personal life , whatever and this is just me being me , and I'm just explaining there is a higher being , it's God , whether you believe that or not .

I respect that , but also it really focuses in on you need to focus in on the positivity and the things that you're grateful for , because if you're not , how are you supposed to get any more in life ? How are you supposed to push forward ? They say the most difficult times will bring out the best of times for you , and I truly believe that . One but two .

The other thing I believe we go through these situations for a reason and we can learn from them and move forward . I have just been so worried that this deal isn't going to close and we're doing everything in our power to make it close , and it is and it just feels like that .

I can tell you that there's things pushing against us to get us over the top and we're doing whatever needs to be done asking questions , following through , doing the things that need to be , just going to call myself out I can't worry about it , and then put my head in the sand and say it's going to be okay . That doesn't work .

You can worry about it , but then you got to do something about it . If you're going to worry about it and I've been on the guys like there's no tomorrow to make sure that we're not missing anything , because we only get one more shot at this , and this is it I'm anxious right now because he's coming this afternoon to do the final check .

The borrowers already signed . We've already signed , we're ready to go and get this done , and all I want to do is turn the keys over to this borrower , give them a beautiful home and move on to the next houses . That's what I'm trying to do .

That's what I want to do , and I think I'm more disappointed in myself than anything , but the best way to describe it is I don't want other people to go through these problems and challenges alone , and the piece I can tell you is I know I'm not alone , but in a certain extent or a certain aspect , I am , because there's really nobody else that understands

everything I'm going through , because it's me and Moose . Of course I have my family , but I can only put so much on my family . I'm not going to stress them out about what's going on too . It's been somewhat of a lonely ride on this one , and making sure I keep it together , keep my head on straight , by all means . Man . I got to sleep .

I'm looking forward to sleep tonight . I really am looking forward to sleep tonight .

That's really all I had this week , guys , I know it's going to be short , sweet , and it's just me telling you guys what's going on , being transparent , but also , at the same time , I'm being real , which being real , also holds me accountable for what's going on and how I need to change things .

So , guys , I hope you have a good one , stay safe , stay healthy . I'll see you guys on the other side .

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