2018 Lessons Learned So Far

So far, 2018 has been a challenge.  What made it even more challenging was that 2017 felt like a huge win. I did more of what I wanted and less of what I didn’t want. Then along comes 2018 and shows  me that I still have a lot of room to grow. Thank you 2018.

The first big thing was investment properties. In 2017 I went from owning one door to owning eight. I felt incredibly good about that. Then it turns out that the 3plex and 4plex that I bought had terrible tenants and a lot more problems than what showed up. It is completely my fault. I made up a system for evaluating the deals based off of random crap in my head. I pushed forward even thought Amber and Guy both cautioned me against it. Then I lost all of my tenants and had huge bills to pay to be able to rehab the properties.

I felt fear. Extreme fear. I couldn’t eat. I couldn’t sleep. I lost weight. I was weak. I remember going to a playground with Nora and Hailey and I could barely keep up with them because I was so weak. Even worse, I was just sitting in my head the whole time afraid of what could happen. I came up with stories about how I was going to lose my business, my house, my family… It was truly a horrible experience.

Things that I learned from it:

Amber is the most incredible woman in the world. I went to her with my thoughts and my fears and she never blinked. She just said lets find some ways to make it better. You always believe that the person that you love will always be there for you, and truly, I never want to feel like that again, and still it was wonderful to know that Amber has my back no matter what.  I am a very lucky man.

Follow a proven system or model. I did with my first rental property and bought a great property that never really gave me any issues. I did in my realtor business and built a good business. I did not with these two rental properties and it cost me all of my properties and hurt my realtor business as well.

Just keep going. I came up with two good solutions that I pursued (actually Amber did): I asked for help from the bank and for help from Guy. Both came through for me. The bank would have given me enough money to rehab the properties, and Guy said he was willing to buy the properties from me. I ended up selling all of my properties  to Guy just so that I would have the monkey off of my back. I don’t know if I will ever be able to repay him.

I will admit that I still feel fear. I had to move money from my realtor business to my rental business to stay afloat while solutions were  being made. I have put myself in a tenuous position. The good news is that I do know one thing: Just keep going.

~Ryan Lynch

I am grateful for Tony Robbins.

I am grateful for Amber thinking of me.

I am grateful for Hailey leading the way.

I am grateful  for Nora listening.

I am grateful for my family always being willing to help.

I am grateful for daddy/daughter day.

I am grateful for getting to teach.

I am grateful for Joe Hand helping me when I am away.

I am grateful for running again.

I am grateful for money coming to me in abundance!!!