The RECC Podcast

Problem solving

November 22, 2022 The Mindful Investor
Problem solving
The RECC Podcast
More Info
The RECC Podcast
Problem solving
Nov 22, 2022
The Mindful Investor

intro = at the core of any business endeavour, any role with responsibilities: you solve problems. It is no different with real estate
you buy problems, problem properties in CRE and residential: vacancy, under market rents and your business plan describes how you will be fixing them | 
I was reprimanding my contractor recently for using the word nightmare. It is not a nightmare, it is a frozen pipe, how do we fix it in a sustainable way so it doesn't ever happen again | 
 | to solve problems you need an accurate perception of reality, no negativity or negative attitude
mindset & positivity of pbs= welcome pbs as opportunities to learn and improve one's skills. Becoming an expert at something means that you have faced and overcome most problems, what LPs look for in GP | 

Show Notes

intro = at the core of any business endeavour, any role with responsibilities: you solve problems. It is no different with real estate
you buy problems, problem properties in CRE and residential: vacancy, under market rents and your business plan describes how you will be fixing them | 
I was reprimanding my contractor recently for using the word nightmare. It is not a nightmare, it is a frozen pipe, how do we fix it in a sustainable way so it doesn't ever happen again | 
 | to solve problems you need an accurate perception of reality, no negativity or negative attitude
mindset & positivity of pbs= welcome pbs as opportunities to learn and improve one's skills. Becoming an expert at something means that you have faced and overcome most problems, what LPs look for in GP |