Real Estate Money School

The first year of real estate investing comes with numerous challenges, adjustments and variables that you won’t encounter in the 9 to 5 world. What are some of the obstacles investors face in their first year? What are the variables we need to be prepared for? How do we use these lessons to become better leaders? In this episode of the Real Estate Money School, investor Robert Heyder shares his personal journey and how he built up his business to owning and managing 110,000 sq/ft of commercial property.    Three Things We Learned Don’t leave the 9-5 too quickly Many of us want to leave the 9-5 world as soon as possible to invest full-time, but there are advantages to holding onto a steady income source. It helps you get bank financing, and can supplement your income in that first year.  Bad deals provide necessary learningBad deals happen, and even though they create a lot of stress and strain on our businesses and finances, we can learn a lot from them. The challenges that come with bad deals will teach us