You are working far too many hours a week!
Whether you are a full time real estate investing professional or you are still juggling a day job too, the odds are you are working too much.
It’s not healthy and sooner or later it will catch up with you. You might feel great now, love real estate and be extremely motivated but failing to force balance in your life is going to cost you big time sooner or later.
The stress and strain will take a toll on your body, you’ll end up sick and without great insurance you could lose a lot more than the extra hours put in your pocket, not to mention missing some of the best deals. Massive weight gain or stress rashes on your face aren’t going to do wonders for your real estate investing efforts. If you have family, then divorce and child custody battles can be financially devastating.
Kicking off your real estate investing business may require some short spurts of extra effort but don’t deviate from your plans, systems and real estate education or you’ll find it hard to break out of this trap.
4 or 40 hour work week, you must demand more from your time, not more time in the day.
You need to get out from in front of the screen and enjoy a little balance.
This is especially challenging for those new to real estate investing who may really need all the money they can make right now.
However, this doesn’t mean you can’t make a nice return on your time off!
Whether you are hitting the gym, taking the kids to the park, dinning out, hitting happy hour, browsing at Barnes and Nobles, taking a cooking class, taking part in a wine tasting or heading off on vacation there are endless networking opportunities. In fact, you may end up making your best and easiest real estate investing deals this way.
Going a step further why not turn up your real estate investing profits and help others to enjoy more work-life balance at the same time? Invite a group of prospective investors or private lenders out on a boating trip or for a weekend a way at your villa in the Caribbean.