When I was a young girl my parents were entrepreneurs. My father owned a kitchen and bathroom remodeling business that evolved into commercial bath tub resurfacing. My mom, although she worked for a bank, a repo company, and ultimately landed in mental health, knew the flexibility to be a mom that came only from being self-employed; hence she started a cleaning business and a daycare when we were young.
However, my parents, running two businesses out of the home, tried to offer a professional appearance to which I ultimately sabotaged through pure childish innocence. To this day I have not lived down the time my mother was on the phone with a client; I was two and had to poop. Apparently, let her and whoever was on the other end know about it. We do not know who that was as they lost that job. -_-
What this meant for us kids, besides learn to STFU when the phone rang, was two things. 1. My parents never missed a thing. Every play, art show, or even just sleepover….they were there. 2. Money came and went. It was feast or famine for us most of the time. So, we were taught to not ask for things. My sister took that and became completely thankful for EVERYTHING. I on the other hand….I became driven.
At 10 years old I was a frizzy headed tomboy trying to talk grown ass women into accessorizing in over-priced costume jewelry, and I was pretty dang good at it. This was not because I was so adorably fashion forward. I was going through an “ugly phase.” Big teeth, untamable curls, constant sunburn, and I was rocking my cousins’ old soccer shorts. (My cousins are John and Steven btw…yea…not the fashionista I am now) #whatwasIthinking #Iwantedtoplaysports #embarrassingfacts
It was my business model that made this work. I would door knock in my apartment community trying to sell an item or two and ultimately trying to book a “party.” I think sheer pity got me in the door but who cares. Find your thing and let it flow.
Once a party was booked, I went all out. That was in the bag. I had seen on TV or read in a magazine or dreamed up a few tricks. IDK where the info came from at this point but I friggen rocked that grown up party!!
I put silk purple display covers (aka pillow cases from Kmart) down to display my wares. Changed the lightbulbs to a soft light (ladies, we all look better in a soft light) and put scented oil rings on each of the said bulbs. No cat smell at these parties. I brought food and so on… Details covered. All snaggle-tooth smiles and compliments as if I was running for office.
Fast forward to 1999-2000. That drive of door knocking and cold calling had not evaded me. Then guess what happened? Shit got easy. Sounds good right? No so much. Markets shrink and swell, grow and decay. You have to be able to ride that out with the market.
2002-2004 (into 05) REI was EASY. My offers were getting accepted at a 30-50% rate. All we needed to do to flip a property was carpet, paint and list. Mortgages were easy to acquire and appraisers said what was needed to push a loan through.
I got lazy and forgot the hustle that I once had. When the tide turned I was caught holding the bag, and not a nice Louis Viton bag either. I am talking about the bag one may light on fire on the porch of their least favorite school teacher. (Sorry Mr. Gerald. It wasn’t me but I did laugh about it.) #confessions #itwasmiddleschool #JoeandMikedidit
Back to the 2000’s. The lesson hit me in the face like that girl the first time I tried to be a badass. Rather than keeping my hustle going and growing my business, I just floated along letting the benefits of my minimal efforts keep me afloat. Suddenly, I found myself having to reenter the workforce PLUS relearn the ever evolving market.
Don’t be a Charity. Don’t let your hustle die.
When that deal doesn’t cause you to quiver in anticipation. If your heart isn’t racing at the thought of it. If you are not so excited that you cannot stop thinking about it. If your career doesn’t make you feel like you are falling in love for the first time every day….GET OUT!!! Change what or how you are doing it. Our career is a very delicate balancing act and passion is the key from keeping it all from toppling over.
Ladies and Gents… This game of real estate investing is the realest and truest form of healthy addiction. It keeps our minds sharp and our pockets full as long as we keep the game going. It is easy to fall into the trap of comfort.
Happy Investing My Real Estate Junkies!!!
I was born an entrepreneur. I am pretty certain that I was peddling passies in the hospital when the nurses left the room.All of the other kids in the neighborhood were riding bikes and playing with dolls I was selling jewelry out of a catalogue and creating a back yard consignment shop. At 21 I became a real estate investor and fell in love. This was/is/ and always will be my passion. I have been madly in love with flipping, holding, and writing offers on real estate that seem crazy for 18 years. Ladies and gents I am willing to share the love of my life with you. Maybe its polyamory maybe its jut because I can’t shut up about it. Either way I will be sharing every mistake I ever made and the lesson that came from it. I love questions. Please ask away!!!