How to Handle Adversity in Real Estate Investing

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Have you ever allowed a setback to get you down? We all deal with adversity, but in order to succeed, it’s important to not give up. As real estate investors, hardships are inevitable, so we have to commit to not quitting when things don’t go exactly as planned.

Recently, a friend recommended I read the book, The Subtle Art of Not Giving a F*ck by Mark Manson. Yes, it’s vulgar, but the overarching theme has been invaluable to me! If you can look past the language, this book is filled with incredible pearls of wisdom about facing adversity.

To me, one of the key takeaways from the book was that for many of us, unhappiness stems from the pursuit of happiness. This idea blew me away—what a paradigm shift! We hold these ideas that we’ll be happy when we meet a certain goal, but that’s just not true. You have to dissolve that idea in order to succeed! It’s about changing your mindset.

For example, I once worked with an investor who had a goal of acquiring 100 properties. That was his main purpose, and it seemed that nothing else could bother him. When he had a bad experience with one property, he didn’t let it completely derail him. He continued ahead, focusing on his goal.

That’s exactly what you have to do—accept disappointment as part of the process. When you understand that things aren’t always going to go according to plan, you’ll be happier. And when you get in that mindset, you’ll be more successful.

Have you ever allowed a setback to get you down in real estate investing? We all deal with adversity, but in order to succeed, it’s important to not give up.