I just wanted to tell you about an experience I had at a real estate investment club.
I decided to take some type of action and stop procrastinating. So, I went to an investment club so I would be surrounded by like-minded people and maybe learn a few things from local investors (Long Island, NY).
I picked up a brochure from an advertiser's table and started reading. It was for a mentor, but I wasn't interested and started walking away. The "mentor" walks up and welcomes me to my 1st meeting and asks me what types of techniques I might be interested in learning.
I told him I'm just starting out and would like to do assignments. He looked at me like I had two heads and told me that assignments are "very difficult because no one is going to trust you and allow you to lock up their house on contract unless you show them proof you're capable of buying it."
I told him that as far as I know, people are already doing it. He said, "You must me talking about bird dogging. It's alot easier, and it's the only way you can get started if you don't have money and have bad credit." I think bird dogging is also an excellent technique, but I had intended to make larger profits by locking up great deals and assigning them.
I believed EVERY word I read in Dean's 'Profit from Real Estate Right Now' book. And after I read it, I was 100% confident that I could do everything in it. But when I didn't take action right away, my confidence went down to about 50%. So, when the mentor told me that it was virtually impossible, my confidence dropped to ZERO. And on top of that, I was starting to feel stupid that I ever even thought I could do it.
But, when I came home I got back on this site. I read over some posts about assignments (especially from Sully) and got my motivation back. I also started speaking to other new investors from this site, and a few of us have decided to keep eachother motivated and keep eachother moving forward by checking on eachother's progress and making us accountable. Hopefully, I will be posting soon about my first offer or first completed deal.
If I decide to get a mentor I will definitely use the Success Academy because I will be speaking to people who are already experts in the techniques that I want to use.
I apologize for this long post, but I just wanted to let other new investors know what you might encounter out there and to tell you to be careful who you take advice from including so-called mentors/trainers.
Good luck everyone. Happy investing