In this episode, I share the story of the first real estate deal where I lost money - a total of $40,000. However, instead of viewing it as a loss, I reframed it as a valuable learning experience. I discuss the importance of gaining practical experience, hiring the right people, and not spreading oneself too thin. This video provides insights into the challenges I faced and the lessons I learned, emphasizing the significance of focusing on one's strengths and outsourcing tasks.
00:00 Introduction
01:21 Discovering Sewage Leak
02:53 Considering Flipping
04:42 Managing Contractors and Disaster
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