The concept of Wizard Investing is knowing how to handle anything that comes your way. That may even include walking away from the deal completely. Many investors come to a complete standstill because they don't know how to handle a deal that they think is complex.
Most of the so called gurus are making money from one of two ways. They are either selling theory, or they are REAL INVESTORS out in the trenches doing deals.
But if you learned about investing from a REIA, you may have taken a class and focused in on one strategy.
Well the truth of the matter is that you will let over 90% of deals go by you because you don't know what you dont' know.
Join the wizard's...learn how to create "Magic" so that you can lock down anything that comes your way. Sometimes, the best thing to do is assign the deal to someone who is more experienced than you and ask them to mentor you through the great deal.
One thing that I've learned from my late grandmother is this, You are going to pay now or pay later, but one way or another you are going to pay!
Mistakes in real estate can be expensive! Learn from other people's mistakes and you will go a long way in this game!
The Tax Lien Coach