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There’s a certain unique energy to investors when they’re starting out for the first time. One of my favorite parts of working with so many investors or participating on real estate investing forums like BiggerPockets.com is getting to interact with new investors. The potential for positive cash flow and passive income are sweet, sweet images to consider. It’s easy to real estate investors to be excited about their opportunities in the beginning. It’s hard work, but it’s new, challenging and exciting.
There’s an irreplaceable je ne sais quoi to it all.
Over time, however, seasoned real estate investors may find themselves bored, jaded or even discontent with investing in real estate. Like all things, once the honeymoon phase is over, it’s difficult to be excited — especially when hard times and challenges come along. Even successful investors need a pick-me-up to truly get excited about investing again.