Property Flipping and Invitations to Parties
A couple of nights ago I was invited to attend a gathering but the problem was I didn't know the party hosts, and to be honest, I just did not want to go.
The truth of the matter is that I have been asked to go to gatherings just like this in the past where I know basically no one at all, but at my girl friend's insistence, of course I did eventually go.
Why didn’t I want to go?
Through my own thinking I had created a sense of fear about attending the party…which, thankfully, was not at all based on reality.
I had imagined myself standing awkwardly in the corner, trying so hard to think of something to talk to someone about - of course no matter how hard I tried, I struggled to make a connection. I always had a hard time finding common ground with other people, the conversations awkward, add in some super loud music and I always managed to have a downright miserable time.
That is pretty much how I always used to picture myself at a party.
Haven’t we all been to parties like this before?
These are the parties you go to where you think to yourself you’d actually rather be at the dentist than suffering through this agonizing torture….
What if I had instead expected a much better and more enjoyable outcome?
So instead of being all by myself in the corner of the room…imagine if I had been encircled by incredible, awe inspiring people very interested in me, who I was, where I was from and what I did, engaging in lively interesting conversation, while enjoyable music played in the background, completely relaxed and calm, enjoying the life experience?
Now say I had pictured in my mind the above scenario, do you think I may have had an easier time attending the party, and possibly even wanted to attend the gathering?
The #1 Factor for House Flipping Success
Imagine for a moment being able to alter this perception not only when faced with a decision about a gathering to attend…but when you are about to make your first house flipping deal?
Imagine that you have worked very hard for over a year in an effort to start your house flipping career and finally, after years, you have found the perfect home for purchase. All signs are saying move forward, they're all telling you to go for it. Finally you have uncovered a good price, the financing is all lined up, you know how much renovations will run and you know for sure how much you can get for the final home.
But you imagine everything going wrong, with the house sitting on the market for months and years, as you watch your margins dwindle-month by month…
Now what are your chances of success with this negative mental attitude?
You really don't stand a chance at all.
Instead picture the house selling for thousands more than your worst case price, in less than 30 days, leaving you and your financial backers plenty of money to go around.
THIS is the house flipping mindset.
What this is not is just a wild assumption that all will go perfect just because you PERCEIVE it will...that is not it at all. You must have a good strategy of steps that lessens the chance of a really awful deal - so you can place yourself in a position to perceive value and wonderful feelings instead of thinking of the pain.
And even more importantly to gain this positive mindset, and once you have mentally prepared be sure to then expect success mentally and focus on all that you have to gain from the deal.
This is the house flipping mindset, the positive mental attitude, and the first critical step to house flipping success.
