Rough Day? 12 Ways Real Estate Investors Can Reduce Stress

Posted by Chris Clothier on Wed, Mar 9, 2016

Working in real estate can get stressful. Whether you’re dealing with the aftermath of a bad tenant or working out the kinks of a frustrating deal, the ins-and-outs of investing, no matter how passive, can take their toll.  When you feel stressed out, you can so easily lose sight of your goals and what drew you to investing in the first place! It can impair your ability to make good decisions and cause you to do things based on impulses and emotions rather than logic and sound rationale.

For the your best health and the health of your investments, stress management is important!

If you’re a real estate investor who’s found yourself feeling worn down by the grind, these tips might help you step back, get reinvigorated, and back in the saddle:

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Topics: stress management

5 Keys to Keeping Your Cool When Real Estate Gets Frustrating

Posted by Chris Clothier on Fri, Nov 6, 2015

 

Investing in real estate is not always a primrose path. Yes, it’s one of the best avenues to financial freedom. Yes, it’s about as passive as passive income gets. We really believe that there’s no better investment!...but that doesn’t mean it’s not challenging work. There will be times when your investments, your managers, your tenants...well, they just make you mad.

Maybe your tenant damaged the property in an easily avoidable incident. Maybe your manager didn’t listen to instructions, or your maintenance guys did a slipshod job that ended up costing you far more in the long run. From small frustrations to downright disasters, the frustration and anger you may feel in the moment can lead to drastic, emotionally-charged decisions that end up doing more harm than good.

For real estate investors, it’s best to guide your business with logical decisions, not emotional ones. As anger is one of the strongest and most seemingly uncontrollable feelings we can experience, so it’s essential to have strategies in place to deal with those moments that just get your blood boiling.

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Topics: business strategies, stress management

Hey Real Estate Investors-Stop Stressing! 5 Steps To Eliminate Stress

Posted by Chris Clothier on Fri, Mar 6, 2015

Sinking stomach. Swimming head. Anxieties galore. Stress can be taxing on us mentally in ways that really hinder productivity and contentment. Stress can also have long term physical repercussions. Blood pressure and other heart problems can stem from stress, along without diseases and bodily ails.

For our health and our sanity, it’s important to practice effective stress management in our lives — both personally and in the workplace. Life will always come with a little stress — deadlines, arguments, big decisions, and plenty else are simply unavoidable sources of stress.  When you add in the fact that we are real estate investing, well, the stress level can go up a bit!

We can’t eliminate it, but it’s well within our power to takes steps towards reducing stress.

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Topics: stress management