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Updated over 4 years ago on . Most recent reply

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Patrick Thornton
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7
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In need of a mentor

Patrick Thornton
Posted

I have an established LLC in need of mentor. to help my business grow with experience in out of state rentals,land trust,pre-foreclosure. I already have one rental in niagara falls ny but looking to add 10 rentals by the end of 2022. area and cities do not matter.experieced honest investor or investors I need your help trying to avoid major mistakes creating systems to encourage cash flow and generational wealth. Thanks in advance

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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
19,879
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13,741
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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
Replied

First, and at this point, the 2 most important pieces of advice I would give to you is this.

1 - Change your goals.  NEVER set a goal based on a number of properties over a specific time period.  The goal is financial...always...and that doesn't mean you base the number properties on an average per property.

2 - Never buy properties.  Only buy deals.  There's a huge difference.

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