Flipping Properties and Partying

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Last week I was asked to attend a party but I did not know the party hosts very well and to put it simply, I really just did not want to go at all.

The truth of the matter is that I have been asked to go to parties just like this one, in the past, where I do not know anyone, but at my wife’s insistence, I always end up going.

So why do I never want to go?

I had, in my mind, created a false sense of fear of attending…without any sort of basis within reality.

I had pictured myself alone and awkward at the party, standing there in the corner of the room, earnestly trying to find something to talk about with someone - and of course no matter how desperately hard I tried, I always had a hard time connecting with other people that I did not know. There was no common ground, the convos were always awkward, plus the music playing too loud in the background and I was just plain miserable.

That is pretty much how I always used to picture myself at a party.

Haven’t we all been to parties like this before?

These are the kinds of parties you go to where you think to yourself that you would rather be getting a tooth removed at the dentist office than suffering through this agonizing torture….

What if I had pictured a different outcome instead?

So instead of being all by myself in the corner of the room…imagine if I had pictured being surrounded by people very interested in me, who I was, where I was from and what I did, taking part in great conversation, while my favorite music played in the background, feeling wonderful, relaxed and 100% at ease?

Now say I had pictured in my mind the above scenario, do you think I may have had an easier time attending the party, and possibly even wanted to attend the gathering?

How this Relates to the House Flipping Mindset

Envision for just a moment, that you are able to change this type of perception not just with regards to parties…but also when you go into your first house flipping deal?

Lets say that you have worked extremely hard, in order to begin your career in real estate and you have finally found the perfect property to buy. Every sign is telling you to move forward with the deal. Finally you have uncovered a good price, the financing is spot on, and you have figured out your expenses and you are 90% sure of the price you will get when you finally sell the property.

But you imagine everything going wrong, the home just sitting there with no interest from buyers, every month your margins and profits slowly dwindle away…

Now what are your chances of success with this negative mental attitude?

Not unless you change the PERCEPTION of pain versus pleasure.

Instead, try picturing the house selling for more more than your worst case scenario, under one month, with you walking away with a very tidy profit for you and your joint venture partners as well as your financers.

This is the mindset you must adopt. We like to call it the House Flipping Mindset.

This is not a guarantee that all will go as planned that everything will go right simply because you think it will...far from it. You really need an awesome strategy and gameplan of steps that minimizes that odds of a really awful deal - in oder to place yourself in a position to recieve the value and wonderful feelings instead of focusing on the pain .

First and foremost to acquire this positive mindset, once you have done all that you need to then expect success in your mind as to all you have to GAIN by doing the deal.

This is the house flipping mindset and the first critical step to house flipping success.

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