|But You Guys Have Each Other
You don't know how many times we hear people tell us that they can't do this like us
because "we have each other". I understand why many of you think that we have it made
because we have each other. Yes, that team support is important, but we both came to the table with
a "failure is not an option" mindset. Neither of us waited for the other to tell us what to
do or how to do it. We got out there and made mistakes. The only difference is that we made them
What that means, if a deal goes bad, there are two people that feel the effects. And
having said that, keep in mind that nothing is perfect. And there is a lot of caution to be taken
when you are looking at forming partnerships with people in business, especially your closest friends.
We are very lucky to have one another and we certainly don't take that for granted. Because of that,
we are working on developing our training programs to give that support to others just getting
First, let me tell you that I absolutely would not be where I am without Stacy today
because she gave me the confidence and the belief in myself and vice versa when we were getting
started out. If I was slightly nervous on a deal, she said "Let's go for it" and if she was
on the fence, I pushed her off!!!
Stacy handles the details on our deals. She makes sure the insurance is ordered, the
houses have electricity, the contractors do estimates, all those things that I forget or hate to do!
And I do things that she doesn't like or remember. On that note, we balance each other out and I agree
with you there.
Additionally, it is great to have that support when things seem like they are falling
apart or when one of us is caught up in personal things.
It is very rare that we both hit a wall at the same time. But it happens and it's not
pretty when it does. We have been friends for over eight years and have a lot at stake beyond our
buildings. We vowed never to quit or give up on each other when we started this together. When you
are working day in and day out with your friends, it can be hard to separate business and personal
relationships. It can be hard to detach yourself from external factors.
We have had our share of disagreements, and if we didn't have a solid friendship, we may
not have gotten this far together. We are able to stop, take a step back and get through the issues.
Sometimes it may take some time and a lot of venting, but we muddle through it. Each time, we end up
stronger with more focus on our goals and better equipped to solve problems that arise in the future.
We also have a lot of fun together and really enjoy building this business because of the
people. And through the people that we have met, we have learned and been exposed to a variety of
situations. Our motivation has a great deal to do with the people we are able to help, both investors
and people in trouble with their homes.
We are absolutely fortunate to have one another and never once take it for granted, but
we also put a lot of work into the partnership and individually into our business. It is not something
that just happened! It takes work and commitment to ourselves and our business. And it isn't certainly
isn't easier JUST BECAUSE WE HAVE EACH OTHER, though it is more fun that way!!!
Stacy Holder and Heather Seitz began their real estate investing career with absolutely nothing! They
learned to leverage other people's time, money and resources to purchase over $2 Million in real
estate in their first 8 months.
They have just completed two products, The
"Complete Guide to Getting
Started" and "The
Complete Guide to Organized Rehab."
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