The Commercial Real Estate Podcast

Problem solving

November 22, 2022 The Mindful Investor
Problem solving
The Commercial Real Estate Podcast
More Info
The Commercial Real Estate 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 |