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Frustrated with losing thousands $$$

fix & flip fix & rent mindset rahab Sep 13, 2023
I recently received a question from a frustrated follower, about losing thousands on rehabs over the years.
 
I remember being very frustrated at a time with rehab costs going over which led to some sleepless nights. I found three great solutions that now allow me to sleep through any type of rehab I am doing. Let’s discuss these three powerful solutions.
 
First, I focus on my morning routine. When I have a focused and dedicated morning routine, it helps me emotionally detach from the business. If I am emotionally detached, I then find I make better business decisions. I won’t go into detail here because I write about mindset and morning routine often.
 
Second, I spent time on education. Getting the right education has allowed me to more accurately estimate my rehab cost. I look at it as I either spend the money on education or spend the money learning the hard way with mistakes.
 
Third, I got the right calculator and learned how to use it. This allows me to estimate all my numbers ahead of time. I always leave a bit of room for mistakes and hidden items behind the walls.
 
With these three I can buy on project numbers and sleep well at night. I do not let the excitement of another deal or worse someone else’s excitement to sell me the deal push me over to buy the wrong deal.
 

 

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