Last year was full of mistakes. As a certified self-critic, I could list hundreds of them. But as a learner committed to keeping a growth mindset, I can’t keep my mind open while focusing only on mistakes. 2022 was my first full calendar year in the real estate development business, and I wasn’t expecting toContinue reading “Beginner’s Mind When You’re Old”
Tag Archives: newbieinvestor
The First Rule of Renovation Club
There IS a renovation club! If you have ever paid a contractor or handyperson to complete a job, you’re part of it. I recently broke the first rule of renovation club. I knew better! This isn’t my first rodeo, and I’m mildly disgusted with myself for not following the rule. But as the saying goes,Continue reading “The First Rule of Renovation Club”
How you do anything is how you do everything.
Perhaps a cliche of entrepreneurs and performance coaches, but there’s truth to this, in so many ways. If you’re trying to provide value without breaking the bank, you need to come up with creative solutions. It would be slick to replace all the cabinets, but when the budget doesn’t allow, and the rental market won’tContinue reading “How you do anything is how you do everything.”
What is it?
As part of the renovation process at our Broadway property, we had to apply for a building permit for exterior repairs. (Side note here for a mini-celebration…it took me 51 years to need to do this, and my first attempt was approved. Yay, me.) I should clarify. The permit was approved with conditions. One ofContinue reading “What is it?”
Serendipity on Broadway
People mean well when they say, “When God closes a door, he opens a window,” but I still find the phrase mildly annoying. I mean, who wants to hear about the next open window when you’re looking at a closed door? Yet, it didn’t take me long to consider the window when I was staringContinue reading “Serendipity on Broadway”
Lessons Learned Vol. 1
GO to the property before you buy it. Granted, this might sound incredibly obvious, but when you are investing from a distance and you are relying on information given to you by professionals, you might make this mistake. We did, and we are otherwise very intelligent folks. Hey, it can happen to the best ofContinue reading “Lessons Learned Vol. 1”