Don’t Live In The Past
- January 26, 2023
- 10:08 am
Beating yourself up over a wrong decision is not the answer. Instead, you spend days, weeks, and even years thinking about what you would have, could have, or should have done.
There is a reasonable explanation for why your vehicle’s windshield is much larger than the rearview mirror. What happened in your past does not dictate what you can do about your future.
We can’t change the past. So instead, make the past serve you by duplicating successes and learning from what went wrong.
Watch Don’t Live In The Past by Glenn and Amber Schworm. They’ll remind you that you are the author of your life from this moment forward.
With each moment, you can start over to create your future, so why not make it a great one?
Identifying Mistakes
It’s a given that you will make a few mistakes as a beginner in the real estate investing industry. It is a learning process. However, it takes time to become an expert.
Knowledge, determination, and skill are what you need to make money in real estate. So, it is essential to have a strategy to align your purchases with your goals and eliminate as many mistakes as possible.
When you find investment properties you want to buy, make sure to avoid some of the most common mistakes, such as;
With proper planning, you can avoid many of the struggles that come from these mistakes. While real estate investing is exciting, you will incur trials and errors, but profits are guaranteed when you do it the right way.
Planning Accordingly
Your goals fuel your direction and push you forward in life. People who set goals tend to plan their futures.
You may already have a solid real estate investing career plan: that plan shapes and influences your goals for creating generational wealth and success.
Get to know your market to find out as much as you can before investing. Your plan is the framework and an essential step you will take.
Planning will help prevent potential mistakes while simultaneously placing you in that position for success. Follow the blueprint when you start to veer off course.
Stay The Course
You can lose focus and get sidetracked when investing in real estate. However, staying focused is a tricky thing because of the many different deals real estate investing has to offer.
Real estate investors work hard to stay on track with their real estate goals as they build wealth. They stick to habits that will bring successful results, such as;
Sticking to your real estate investment plan takes discipline despite all the outside noise. The key is to trust the process. Your mindset influences your success and your failures.
Implementing these habits is a great place to start because it gives you a concrete target. Your plan is your way of achieving those goals that you have set for yourself. Stick to your guns; you got this.
No Regrets
A pendulum will swing back and forth from a buyer to a seller’s market, and missed opportunities, which happen all the time, can cause regrets.
The best way to move on is to know that you can’t control the movement of the real estate market. Moving beyond mistakes is part of the learning process that teaches you to make better decisions.
Whatever is keeping you stuck on what has happened in the past needs to be analyzed so that you can move forward. Here are seven ways to stop living in the past:
2. Examine Your Situation
3. Get Focused
4. Get Rid Of Negative Thoughts
5. Keep Growing
6. Learn From The Experience
7. Let It Go
Glenn and Amber Schworm say regret in real estate investing is like a relationship that you look back on and say what you should have done. Instead, look for opportunities you can take advantage of now.
