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Commercial Real Estate Pro Network

Commercial Real Estate Professionals who work with Investors, Buyers and Sellers of Commercial Real Estate. We discuss todays opportunities, problems & solutions in Commercial Real Estate.
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Now displaying: Page 1
Apr 6, 2021

J Darrin Gross:

If you're willing, I'd like to ask you, Joe Bell, what is the biggest risk?

 

Joe Bell  

Yeah, well, an insurance related answers sometimes a really good step. But beyond that, right? Um, you know, the some of the biggest risk is, is when you you think you know it, all right, you get to that point where you reach the pinnacle. And as soon as you start to feel like you're there is one of the biggest opportunities to actually get swept off the mountain. I think a lot of us out there, I know myself experienced that, when COVID hit, and we lost $900,000 in investment. It quite frankly, just caught a lot of people with their pants down, myself included. And I was I was to a point where I felt like, you know, I was doing pretty well. And I knew quite a bit of of what there was to know out there. But it was a humbling moment where I had to take a step back and go, No, we're not even close. Right. So, you know, the biggest risk is to get to that point and stop learning, stop progressing, stop evolving, both as an investor and as a human. You know, so that that, to me is one of the biggest risks outside of all your general pitfalls that typical new investors run into and, you know, trying to trying to do stuff before they really know what they're doing and that sense. So yeah, for me, it probably applies to a more seasoned individual that has been around the game for a little while, but there is there's no Pinnacle. It's a continual evolution and just focusing on that.

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