My name is Suzi and I bought Dean's books this past June. My life is currently in a state of major transition due primarily to this very challenging economy.
The cliff notes version of my story is this: My husband's own engineering/land development company went belly up last summer. Luckily he found new employment, but was soon told they might be forced to lay him off due to lack of work. He was placed on reduced hours in April and that prompted him to send out resumes again, this time out-of-state.
Thankfully, he did land a contract position in North Carolina. However, this meant we would have to pack up our house and family and make the move down there from Massachusetts (where we'd lived our entire lives). My husband moved down in July and my 2 boys and I followed about one month later.
So now here it is September 2nd and my boys have now returned to school and since I left my job when I left MA, I decided to unpack Dean's book and jump in with both feet in my new career as a REI.
Am I nervous...YES. Am I afraid I won't be able to make this work...YES. But am I determined to give it 100% to see if I'm wrong...ABSOLUTELY.
Everything Dean says in his book makes sense to me and I've always had a strong belief that real estate is a great way to save/make money. The only problem is enrolling my husband on this endeavor since only last fall I convinced him to charge several thousand dollars on our last credit card that still had any "room on it" to get coaching to create money-making websites. Well, I created the websites, but I've yet to see a penny from our investment and due to all our circumstances, we are now in the process of filing bankruptcy. It's been a very tough year and the strain on our marriage has been extensive.
So...I apologize for rambling on, but I think it's important to know where I'm coming from to appreciate where I want to go. I want to create some financial freedom for us. Some breathing room, some flexibility. We haven't gone on a vacation as a family in years and I simply want to stop having to work so hard for so little in return. I've always believed in what goes around, comes around and having come from a very emotionally painful situation I know what it can do to a person, to a family to your confidence. I would LOVE to incorporate helping others that have been hit hard with today's economy into my business plan. To be able to prevent others from going down the path I just walked down would be HUGE to me and if I could regain some financial stability in the process...then AWESOME!
So, I will try and write a little something every day to stay accountable and stay focused and with the positive mentoring I've already read all over this site, I know I'm on the right track and simply need to keep doing something every single day : )
Thanks for reading...see you again soon!
Check out my journal at: http://www.deangraziosi.com/real-estate-forums/investing-journals/29155/...