In this episode of Properties to Profits, I dive into one of the toughest challenges we face as real estate investors—knowing when to let go. Whether it’s a property, a deal gone bad, or just our own pride, holding on too long can cost far more than money. I break down real-life situations, including a powerful story of a friend who waited too long to sell, and how that decision impacted everything from stress to credit.
I also share the mindset shifts and decision-making frameworks I use to avoid these traps, and why relying on trusted mentors and advisors is crucial in today’s shifting market. If you’re facing a tough call or sitting on a decision, this episode might be just what you need to move forward with clarity.
Episode Timeline[0:00] - Introduction
[0:43] - Why letting go is sometimes the smartest move in real estate
[1:04] - How waiting too long to sell can cost more than just money
[1:52] - A real example of delayed decisions leading to deeper financial trouble
[3:07] - The value of mentors and advisors when facing tough calls
[3:26] - A decision-making framework to reduce emotion and increase clarity
[4:36] - The long-term impact of delaying hard choices
[5:20] - How reframing control helps your business survive downturns
[6:12] - Why solo decision-making can silently kill your business
[7:14] - It’s about momentum, not perfection—lasting is winning
Key TakeawaysDelayed decisions often cost more than quick, imperfect ones. Waiting too long can lead to unnecessary stress, missed opportunities, and long-term financial damage.
Pride and isolation are silent killers in business. Let go of the need to do everything yourself and lean on trusted experts.
Survival in real estate is about momentum, not perfection. The ones who win are those who keep moving and making smart, timely decisions—even in tough times.
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