An $80,000 Mistake: Pick Your Lane
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Trying to be both a contractor and an investor in real estate will significantly limit your success and potentially lead to financial losses. Successful real estate entrepreneurs clearly define their role, focusing completely on either contracting or investing before considering any expansion.
• Contractors make money trading time for dollars while investors make money trading capital for returns
• Attempting both roles means playing two games badly instead of mastering one
• One investor lost $80,000 in a year by mixing roles while his competitor flipped four houses in the same timeframe
• Doing contractor work yourself often costs more in opportunity cost than it saves in direct expenses
• Assess whether you're better at physical work or analyzing deals
• Consider if you have more time than money (start as contractor) or more money than time (focus on investing)
• Set specific financial goals for transitioning from contractor to investor if that's your path
• Contractor mindset caps your income while investor mindset multiplies it
If this helped you choose your lane, drop a comment telling me which one you picked and share this with someone who's still trying to do everything themselves.
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