Tuesday, December 11, 2007


So I'm gonna be honest. I've been really slacking with my business ever since I read that article talking about how all these people are doing it better then me. I probably would still be more enthusiastic about it now, but I haven't had any luck reaching my latest investor. The prospect of paying $20 a week in parking and trying to get up to a farther away county every Friday just to get 5-10 leads isn't very inviting either. At this point I think I just need to regroup and find a better approach.

The best idea for now would probably be to attend some REI meetings, not as a "Jobber" trying to find investors to work with, but just as someone who wants to learn more about the industry. I think just taking some time to do market research and learn about the purchasing process while I look for my own house would be extremely helpful. Not only would it save me money but after going through it, I'll have experience to look back on and compare with, rather than just playing with the ideas I've read in various books.

Also, I might be able to just volunteer to work with an investor on the weekends who is already doing these deals. That way I see what they do and get some advice, since usually having a mentor to learn from is a great shortcut and extremely valuable. I've noticed that at my day job, whenever I work with a more experienced member of the staff I pick up different tips and tricks that save me time in the future. Plus, by working with an investor, I can get a better idea of the information they want and where they would go to get it.

So for now I'll keep working on trying to find a car, building up my stock portfolio and putting money into my house fund. While I do that, I can start attending REI meetings and see how things go from there. Also, I'm planning on going to a Toastmaster's club meeting this Monday, so we'll see how that goes as well.

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