The other day I had this eye-opening phone consulting session with a
student on "what to do" with his real estate investing business/career.
It seems that there is a fashionable trend these days of my students
roping me into a 30-minute time-wasting phone consulting session just
to have me whip out a crystal ball and act like Dionne Warwick of the
Psychic Friends Network.
You see, nobody seems to know what they want to do with their lives and
yet I'm supposed to be the one to tell them.
And I can't do that.
How am I supposed to know which type of real estate investing you have
a liking for? I'm not you!
This is a big reason as to why I have different mentorship groups. This
allows you the opportunity to "try it out" without fully committing your
entire life to it. It allows you to get "real world experience" within
that type of investing to see if it suits you...or not.
And if it doesn't? Go with another group! It's that simple.
The other ongoing trend with my students is that I'm supposed to
"guarantee" their success somehow.
Well...there's a minor problem with that. How am I supposed to
"guarantee" that you'll become successful when there is a chance that
you'll be guided through the entire process (by me) and yet nothing
will be followed through on (by you)?
The only person's success that I can guarantee is my own. That's
because I know what I'm capable of -- not just with the education I've
acquired by being in the real estate investing trenches day in and
day out -- but because I get off my ass every day and actually follow
through with my goals and commitments to myself and other investors.
And if you're anything like me (self-motivated and a self-starter) then
you can guarantee your own success by (1) gaining the education needed,
and (2) following through until you succeed.
It's really no more complicated than that, folks.
There are a multitude of different types of income real estate methods.
Most of what I teach fall into the "passive" income category. However,
there are some aggressive forms such as SFR flipping. Since my last
SFR Mentorship Group started already, there are only groups that are
geared toward passive income.
I have my most successful signature group (Apartment Building Cash Flow)
starting next Wednesday. If you haven't had the opportunity to join this
group, I strongly suggest that you give yourself the gift of becoming a
real live apartment building real estate investor for 8 weeks. This
group is 100% online and you'll be put through the entire process of
exactly how to become an apartment building investor.
But only you can know if this is something you want. I can't tell you
if this is what you should be doing with your life.
I will tell you this: investing in multi-family residential properties
is the best type of investing there is, giving you the most lucrative
cash flows. And by taking this course, you'll be more educated than
many of the doctors, dentists, and lawyers that I consult with on a
weekly basis who are in a "help me" state of mind because they bought
property, didn't do the proper cash flow analysis before they bought,
and now they're consulting with me to figure out what to do.
("Sell that bitch and cut your losses" is usually my standard reply.)
Imagine being smarter than my doctors, dentists, and lawyers who
frequently consult with me because they got involved in real estate
investing half-assed and backwards.
You can do this but only if you believe it's up your alley. And I
can't be the one to tell you if it is or isn't. Only you know that.
See you at the top!