Why Waiting Is Costing You Your Financial Freedom

Why Waiting Is Costing You Your Financial Freedom

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Let’s get real for a second. Have you ever found yourself thinking, “Is now the right time to invest in real estate? Interest rates are up, prices have skyrocketed, maybe I should wait until things settle down...”?

I hear it all the time. And let me tell you—this kind of thinking is costing you your financial freedom.

We live in an unpredictable world. Elections come and go, interest rates rise and fall, and prices fluctuate. There’s always some looming "what if" that makes people freeze in their tracks. But here’s the kicker: while you’re sitting on the sidelines waiting for that “perfect moment,” you’re losing out. Big time.

The Myth of Perfect Timing

When I started investing in real estate back in 2005, some might have said it was a risky time. Prices were high, and the bubble was about to burst. Guess what? My property did go underwater for a while. But here’s the thing—I wasn’t planning to sell immediately. I held onto it, I cash-flowed, and now it’s worth exponentially more than what I paid for it.

After the 2008 crash, when people were too terrified to jump back in, investors like me found incredible opportunities. 2016 when I first started in multi-family? One of so-called “gurus” I knew was saying prices were too high, and he wouldn’t buy anymore until prices went down. I kept buying. I didn’t wait. And I thrived.

The Cost of Inaction

I know you’ve heard of compounding interest—Albert Einstein called it the eighth wonder of the world. Let’s break it down: would you rather have $1 million today or a penny that doubles every day for 30 days? Most people would take the million. But guess what? By day 30, that penny is worth over $10 million. That's the power of compounding.

The same principle applies to real estate. The longer you wait to get into the game, the more you miss out on that snowball effect. Every month you hold off is a month you’re not earning passive income, not building equity, and not taking advantage of tax breaks that can save you thousands.

Let’s face it—waiting is expensive. It’s not just about missing out on appreciation or cash flow. You’re delaying your financial security. Time doesn’t stop for anyone, and every moment you sit idle, you’re pushing your financial goals further away.

“But What If I’m Too Late?”

I get it. Some of you might be thinking, “Monick, I’m 50. I’ve missed my window.” No, you haven’t. In 20 years, you’re going to be 20 years older whether you start now or not. The best time to plant a tree was 20 years ago. The second-best time is today.

You can’t change the past, but you can absolutely change your future. The conditions may never feel “perfect,” but that’s a mindset trap. Don’t let it stop you from making the best decision of your life right now.

Keep Your Focus

Don’t get overwhelmed trying to do everything at once. Pick one financial goal—maybe it’s earning $500 in passive income per month or securing your first property. Once you hit that goal, the momentum will push you toward the next. Focus is the key to financial freedom.

If you’ve read The Compound Effect by Darren Hardy, you know how powerful consistent, small actions are. It’s not about grand gestures—it’s about doing the right thing, day in and day out, and letting those small steps build into something extraordinary.

Learn, Adapt, Overcome

Let’s get one thing straight: you’re going to make mistakes. It’s part of the process. Successful people aren’t the ones who never fail; they’re the ones who keep going, learning from each setback. Every mistake is feedback that helps you get better.

And here’s the real secret: you’re never stuck. If the market changes, you adapt. That’s why education and mentorship are crucial. They keep you in the game, help you pivot when necessary, and guide you toward the best opportunities—even when things seem uncertain.

Overcoming Fear

Here’s the thing about fear: it’s always going to be there. Fear is part of growth. It’s not a sign to stop; it’s a sign you’re on the right path. Whether you’re a seasoned investor or just starting, fear will pop up. The difference is in how you respond to it.

Feel the fear, and do it anyway.

Surround yourself with the right people, find mentors, join investment groups, and lean on your support system when the fear creeps in. You’re not in this alone.

How to Take Action Now

So, how do you get started when the market feels intimidating? First, get educated. Knowledge builds confidence. You don’t need to dive into a 100-unit apartment complex tomorrow, but you do need to understand the basics of real estate investing. There are ways to get started with little to no money down, and you’ll learn the strategies that work for where you are today.

Start small, but start now. You don’t have to hit a home run on your first deal. Maybe it’s buying a duplex or investing in a real estate syndication. The key is to take that first step, no matter how small. And remember, every small win compounds over time.

Ready to take action? Sign up for Invest Like a Woman 2024, a 3-day virtual event from December 5-7. You’ll learn proven real estate strategies, receive mindset shifts, and connect with a community of powerhouse female investors. This event is designed to equip you with actionable steps to build or scale your real estate investments.

Tickets are just $47 for the Super Early Bird (only for the first 25), so don’t wait!

👉 Join Invest Like a Woman 2024

Waiting for the “right time” could be costing you years of compounded growth, passive income, and financial security. Let’s stop waiting. Let’s take action together. Even if the best time to start was 20 years ago, we can’t go back to the past. We only have this moment. Let’s not waste it. Take action now, sister.