Real Estate Coaching
Member since 2020 · 239 posts · 104 votes
Real Estate Coaching
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Investor · San Diego, CA · Member since 2016 · 1k+ posts · 975 votes
2y@V.G Jason Lots of high-performing individuals have personal coaches for many things including CEO's, professional athletes, and entrepreneurs. I'm in a mastermind group called Gobundance and I know people who have multiple coaches for different areas of their lives. And they don't hire coaches because they "can't succeed on their own". They hire coaches because they want to accelerate their success using leverage from others' experience and mentorship.
@Mario Morales isn't a fool to pursue coaching, as you insinuate. He merely wants to accelerate his investing journey so he doesn't have to listen to hundreds of hours of podcasts, read all the books, and sift through thousands of forum posts.
If one values their time, then maybe it makes a lot of sense to hire the RIGHT coach. Clearly, coaching is not right for you Mr. Jason, but that doesn't mean it isn't right for others. And it certainly doesn't mean they're lazy or "don't know how to succeed".
36 Replies
- Real Estate Broker · Minneapolis, MN · Member since 2011 · 5k+ posts · 6k+ votes2y
@Mario Morales first of all, very SMART question, and thought direction.
I understand some kid's today have this notion there born with all knowledge in the universe up there wazoo, but for us "mere-mortals" time leveraging, such as acquiring the decades of knowledge of others, is a COMMON practice of the highly successful. It's the answer to how does one get 30+yrs of knowledge in 30 minutes, ya-hire the person with 30+ yrs of knowledge.
I am curious Mario, just purely curious for self, what would such a "coach" be worth to you in monetary compensation? Also, have you thought of what qualifying factor's you'd be looking for in such a "coach"?
I know how I'd answer to this, but that's unfair because now knowing, I comprehend what value I'd have on it and what I'd look for. I got "lucky" back in my early day's, I jv'd with some that we were mutual coaches' to each other, had in spades what the other lacked. But if I had it to do again, 100% I'd hire one.
Hell, what's my CPA if not a "tax coach" and mentor, right? My attorney's, legal coaches' and mentors. Every successful person in business, we leverage human power, doing what we do best and hire the best to do the rest. Anyone who has issue with that simple long proven premise, yeah, that only speaks volumes about that person.
Sorry I can't give any guidance as to where I'd find one. I can say where I wouldn't look, and that's arguably 95%+ that are selling such programs. Gotta be very careful with those, really vet them thoroughly. Assume only 5% are decent, that should keep your head on straight to best aid in finding that 5% and avoiding the 95.
- 2yV.G JasonPro MemberInvestor · Member since 2022 · 3k+ posts · 3k+ votes
Quote from @Joe Villeneuve:
I always laugh when I read this type of answer. My comment is simple. You know what you know, and you don't know what you don't know. If someone knows more than you, and paying them to teach you will give you a return larger than what you paid for it,...and that return keeps repeating, why wouldn't you pay for it? Yes there are garbage coaches out there. Find the good one. It's not that hard. You're about to be responsible for more than a billion dollars in cash and RE, so just jumping in and learning as you go, without the benefit of someone else's experience, makes perfect sense. Trouble is, when you go into REI, the goal is to make dollars, not cents.Quote from @V.G Jason:
Quote from @Tim Ryan:
@Mario Morales definitely don't listen to @V.G Jason he doesn't know what he's talking about. I am one of those who paid for coaching and have had tremendous success due to them. Not predatory at all or in any way. I did a coaching program with Rich Dad years ago (Robert Kiyosaki) and it was amazing. They helped me in direct ways that no way this site or a casual post could do. Money well spent on my part. Then I spent money with RE Mentor (David Lindahl) and that completely changed my life forever. I own hundreds of apartment units and have a lot of positive cash due to that program. The third one I spent money on is a guy who is no longer around. His name is Marc Garrison and he did Buying Tours and this completely set me on a course to success. I've done more for personal development and health also. The key is to do what you are doing - ask for advise on where to sign up - but not if you should sign up. We all need mentors, coaches, guidance. DM for more info on those programs.
These guys got something to sell you, keep believing these types of flameouts. The most lucrative investment he has in his future is something to sell to people like you.
I am not one of those to paid for coaching. Made a great success in a W2 job, then created businesses from it and got into REI this calendar year. I am willing to bet if more people managed risk appropriately and studied their parameters within their job, took calculated risks they can do as well. If not better than me. Tim is small fry that has to prey on smaller fry.
So funny that almost every person encouraging him to get a coach is affiliated with a mastermind or of the sort?
The crux of it isn't what you don't know that gets you in tough times, it's what you know but isn't so. So "coaches" are all coming from angles that they succeeded on. That advice does not translate. If you're look merely advice, like i suggested-- this board is plentiful of it.
I don't consider a coach your CPA, PM, or real estate agent. Just to make matters clear, they are experts in their roles. Not a REI coach. And for someone that posted thinking Michael Jordan, Tiger Woods, etc., all use coaches. This is a level of physical expertise that the .00001% will never be able to attain that are polishing off their god given talent. There is absolutely zero way that translates to us as investors. They have that scarce talent, athletic ability, and an excellent work ethic. I could have the same work ethic and same coach as Tiger Woods, and I would be a complete flop. Would I improve? Sure. Enough to close the gap between Tiger & I? Never.
And the truth is when you get to a certain level, people come to you. You don't go to people. That's why coaches and people encouraging them to be coaches are nonsense. You want to be the one giving advice through your trial and error, this does not mean play blindly. Do research, study the ball game. And apply your knowledge. You'll have great confidence in your own abilities once you understand the game, the risks, and everything in between. This applies to almost anything outside of the small areas where physical/natural talent & athletic ability reign supreme and/or an incredibly high intellect.
- 2yJoe VilleneuvePro MemberPlymouth, MI · Member since 2013 · 13k+ posts · 19k+ votesThanks. Your comment above just proved my (our) point.
Quote from @V.G Jason:
Quote from @Joe Villeneuve:
I always laugh when I read this type of answer. My comment is simple. You know what you know, and you don't know what you don't know. If someone knows more than you, and paying them to teach you will give you a return larger than what you paid for it,...and that return keeps repeating, why wouldn't you pay for it? Yes there are garbage coaches out there. Find the good one. It's not that hard. You're about to be responsible for more than a billion dollars in cash and RE, so just jumping in and learning as you go, without the benefit of someone else's experience, makes perfect sense. Trouble is, when you go into REI, the goal is to make dollars, not cents.Quote from @V.G Jason:
Quote from @Tim Ryan:
@Mario Morales definitely don't listen to @V.G Jason he doesn't know what he's talking about. I am one of those who paid for coaching and have had tremendous success due to them. Not predatory at all or in any way. I did a coaching program with Rich Dad years ago (Robert Kiyosaki) and it was amazing. They helped me in direct ways that no way this site or a casual post could do. Money well spent on my part. Then I spent money with RE Mentor (David Lindahl) and that completely changed my life forever. I own hundreds of apartment units and have a lot of positive cash due to that program. The third one I spent money on is a guy who is no longer around. His name is Marc Garrison and he did Buying Tours and this completely set me on a course to success. I've done more for personal development and health also. The key is to do what you are doing - ask for advise on where to sign up - but not if you should sign up. We all need mentors, coaches, guidance. DM for more info on those programs.
These guys got something to sell you, keep believing these types of flameouts. The most lucrative investment he has in his future is something to sell to people like you.
I am not one of those to paid for coaching. Made a great success in a W2 job, then created businesses from it and got into REI this calendar year. I am willing to bet if more people managed risk appropriately and studied their parameters within their job, took calculated risks they can do as well. If not better than me. Tim is small fry that has to prey on smaller fry.
So funny that almost every person encouraging him to get a coach is affiliated with a mastermind or of the sort?
The crux of it isn't what you don't know that gets you in tough times, it's what you know but isn't so. So "coaches" are all coming from angles that they succeeded on. That advice does not translate. If you're look merely advice, like i suggested-- this board is plentiful of it.
I don't consider a coach your CPA, PM, or real estate agent. Just to make matters clear, they are experts in their roles. Not a REI coach. And for someone that posted thinking Michael Jordan, Tiger Woods, etc., all use coaches. This is a level of physical expertise that the .00001% will never be able to attain that are polishing off their god given talent. There is absolutely zero way that translates to us as investors. They have that scarce talent, athletic ability, and an excellent work ethic. I could have the same work ethic and same coach as Tiger Woods, and I would be a complete flop. Would I improve? Sure. Enough to close the gap between Tiger & I? Never.
And the truth is when you get to a certain level, people come to you. You don't go to people. That's why coaches and people encouraging them to be coaches are nonsense. You want to be the one giving advice through your trial and error, this does not mean play blindly. Do research, study the ball game. And apply your knowledge. You'll have great confidence in your own abilities once you understand the game, the risks, and everything in between. This applies to almost anything outside of the small areas where physical/natural talent & athletic ability reign supreme and/or an incredibly high intellect.
- Real Estate Broker · Minneapolis, MN · Member since 2011 · 5k+ posts · 6k+ votes2y
Quote from @Joe Villeneuve:
Thanks. Your comment above just proved my (our) point.Quote from @V.G Jason:
Quote from @Joe Villeneuve:
I always laugh when I read this type of answer. My comment is simple. You know what you know, and you don't know what you don't know. If someone knows more than you, and paying them to teach you will give you a return larger than what you paid for it,...and that return keeps repeating, why wouldn't you pay for it? Yes there are garbage coaches out there. Find the good one. It's not that hard. You're about to be responsible for more than a billion dollars in cash and RE, so just jumping in and learning as you go, without the benefit of someone else's experience, makes perfect sense. Trouble is, when you go into REI, the goal is to make dollars, not cents.Quote from @V.G Jason:
Quote from @Tim Ryan:
@Mario Morales definitely don't listen to @V.G Jason he doesn't know what he's talking about. I am one of those who paid for coaching and have had tremendous success due to them. Not predatory at all or in any way. I did a coaching program with Rich Dad years ago (Robert Kiyosaki) and it was amazing. They helped me in direct ways that no way this site or a casual post could do. Money well spent on my part. Then I spent money with RE Mentor (David Lindahl) and that completely changed my life forever. I own hundreds of apartment units and have a lot of positive cash due to that program. The third one I spent money on is a guy who is no longer around. His name is Marc Garrison and he did Buying Tours and this completely set me on a course to success. I've done more for personal development and health also. The key is to do what you are doing - ask for advise on where to sign up - but not if you should sign up. We all need mentors, coaches, guidance. DM for more info on those programs.
These guys got something to sell you, keep believing these types of flameouts. The most lucrative investment he has in his future is something to sell to people like you.
I am not one of those to paid for coaching. Made a great success in a W2 job, then created businesses from it and got into REI this calendar year. I am willing to bet if more people managed risk appropriately and studied their parameters within their job, took calculated risks they can do as well. If not better than me. Tim is small fry that has to prey on smaller fry.
So funny that almost every person encouraging him to get a coach is affiliated with a mastermind or of the sort?
The crux of it isn't what you don't know that gets you in tough times, it's what you know but isn't so. So "coaches" are all coming from angles that they succeeded on. That advice does not translate. If you're look merely advice, like i suggested-- this board is plentiful of it.
I don't consider a coach your CPA, PM, or real estate agent. Just to make matters clear, they are experts in their roles. Not a REI coach. And for someone that posted thinking Michael Jordan, Tiger Woods, etc., all use coaches. This is a level of physical expertise that the .00001% will never be able to attain that are polishing off their god given talent. There is absolutely zero way that translates to us as investors. They have that scarce talent, athletic ability, and an excellent work ethic. I could have the same work ethic and same coach as Tiger Woods, and I would be a complete flop. Would I improve? Sure. Enough to close the gap between Tiger & I? Never.
And the truth is when you get to a certain level, people come to you. You don't go to people. That's why coaches and people encouraging them to be coaches are nonsense. You want to be the one giving advice through your trial and error, this does not mean play blindly. Do research, study the ball game. And apply your knowledge. You'll have great confidence in your own abilities once you understand the game, the risks, and everything in between. This applies to almost anything outside of the small areas where physical/natural talent & athletic ability reign supreme and/or an incredibly high intellect.
V.G
Oh I am SO GLAD you mention M.J.! It was M.J.'s "God given talent" huh, lol. Well, did-ya know, lol. What am I saying, OF COURSE you DON'T know, sport's fan's across BP busted out in laughter when you wrote that, and here now, they know EXACTLY what I am about to point out.
The "GOAT" Michael -FREAKING- Jordan: FAILED, a LOT, but for example failed to make the Varsity team. was it his talent's day off? AAAANNNDDD just by chance, as M.J. was inducted into the Basketball Hall of Fame in '09' during M.J.'s acceptance speech he mentioned his high school COACH ('Pop') for making him into the man/success M.J. was today/then...... thanks to his COACH..... Not to mention the credit he's given to the Bull's coaches', the various other coaches in life.
M.J. was NOT the "goat" always and forever. Wayne Gretzky, hell WARREN BUFFET, on and on and on the "GOAT"s credit various influences, and COACHES, for being the "how" to the great they became.
Hey, V.G, remember that acceptance speech at the Academy Awards when that, oh what's there face, got up and said "It was all ME, just ME, I did it ALONE, I'm the GREATEST, I did it all on my own, I'm AMAZING, super talented, I never needed anybody!"? Oh yeah, NEVER happened!
I don't know what put such a big chip on that shoulder V.G but feel free to stop flaunting it here via attacking Someone's CORRECT effort's at looking to BEST elevate themselves via the same thing the vast majority of great success's have; a COACH.
- 2yV.G JasonPro MemberInvestor · Member since 2022 · 3k+ posts · 3k+ votes
Quote from @James Hamling:
Quote from @Joe Villeneuve:
Thanks. Your comment above just proved my (our) point.Quote from @V.G Jason:
Quote from @Joe Villeneuve:
I always laugh when I read this type of answer. My comment is simple. You know what you know, and you don't know what you don't know. If someone knows more than you, and paying them to teach you will give you a return larger than what you paid for it,...and that return keeps repeating, why wouldn't you pay for it? Yes there are garbage coaches out there. Find the good one. It's not that hard. You're about to be responsible for more than a billion dollars in cash and RE, so just jumping in and learning as you go, without the benefit of someone else's experience, makes perfect sense. Trouble is, when you go into REI, the goal is to make dollars, not cents.Quote from @V.G Jason:
Quote from @Tim Ryan:
@Mario Morales definitely don't listen to @V.G Jason he doesn't know what he's talking about. I am one of those who paid for coaching and have had tremendous success due to them. Not predatory at all or in any way. I did a coaching program with Rich Dad years ago (Robert Kiyosaki) and it was amazing. They helped me in direct ways that no way this site or a casual post could do. Money well spent on my part. Then I spent money with RE Mentor (David Lindahl) and that completely changed my life forever. I own hundreds of apartment units and have a lot of positive cash due to that program. The third one I spent money on is a guy who is no longer around. His name is Marc Garrison and he did Buying Tours and this completely set me on a course to success. I've done more for personal development and health also. The key is to do what you are doing - ask for advise on where to sign up - but not if you should sign up. We all need mentors, coaches, guidance. DM for more info on those programs.
These guys got something to sell you, keep believing these types of flameouts. The most lucrative investment he has in his future is something to sell to people like you.
I am not one of those to paid for coaching. Made a great success in a W2 job, then created businesses from it and got into REI this calendar year. I am willing to bet if more people managed risk appropriately and studied their parameters within their job, took calculated risks they can do as well. If not better than me. Tim is small fry that has to prey on smaller fry.
So funny that almost every person encouraging him to get a coach is affiliated with a mastermind or of the sort?
The crux of it isn't what you don't know that gets you in tough times, it's what you know but isn't so. So "coaches" are all coming from angles that they succeeded on. That advice does not translate. If you're look merely advice, like i suggested-- this board is plentiful of it.
I don't consider a coach your CPA, PM, or real estate agent. Just to make matters clear, they are experts in their roles. Not a REI coach. And for someone that posted thinking Michael Jordan, Tiger Woods, etc., all use coaches. This is a level of physical expertise that the .00001% will never be able to attain that are polishing off their god given talent. There is absolutely zero way that translates to us as investors. They have that scarce talent, athletic ability, and an excellent work ethic. I could have the same work ethic and same coach as Tiger Woods, and I would be a complete flop. Would I improve? Sure. Enough to close the gap between Tiger & I? Never.
And the truth is when you get to a certain level, people come to you. You don't go to people. That's why coaches and people encouraging them to be coaches are nonsense. You want to be the one giving advice through your trial and error, this does not mean play blindly. Do research, study the ball game. And apply your knowledge. You'll have great confidence in your own abilities once you understand the game, the risks, and everything in between. This applies to almost anything outside of the small areas where physical/natural talent & athletic ability reign supreme and/or an incredibly high intellect.
V.G
Oh I am SO GLAD you mention M.J.! It was M.J.'s "God given talent" huh, lol. Well, did-ya know, lol. What am I saying, OF COURSE you DON'T know, sport's fan's across BP busted out in laughter when you wrote that, and here now, they know EXACTLY what I am about to point out.
The "GOAT" Michael -FREAKING- Jordan: FAILED, a LOT, but for example failed to make the Varsity team. was it his talent's day off? AAAANNNDDD just by chance, as M.J. was inducted into the Basketball Hall of Fame in '09' during M.J.'s acceptance speech he mentioned his high school COACH ('Pop') for making him into the man/success M.J. was today/then...... thanks to his COACH..... Not to mention the credit he's given to the Bull's coaches', the various other coaches in life.
M.J. was NOT the "goat" always and forever. Wayne Gretzky, hell WARREN BUFFET, on and on and on the "GOAT"s credit various influences, and COACHES, for being the "how" to the great they became.
Hey, V.G, remember that acceptance speech at the Academy Awards when that, oh what's there face, got up and said "It was all ME, just ME, I did it ALONE, I'm the GREATEST, I did it all on my own, I'm AMAZING, super talented, I never needed anybody!"? Oh yeah, NEVER happened!
I don't know what put such a big chip on that shoulder V.G but feel free to stop flaunting it here via attacking Someone's CORRECT effort's at looking to BEST elevate themselves via the same thing the vast majority of great success's have; a COACH.
Hmm, I already said you can't compare a coach in a level of physical expertise/extremely high intellect to coaching a REI.
And for someone that posted thinking Michael Jordan, Tiger Woods, etc., all use coaches. This is a level of physical expertise that the .00001% will never be able to attain that are polishing off their god given talent. There is absolutely zero way that translates to us as investors.
Warren to Benjamin is apples to orange to the average guy and Benjamin. Michael Jordan and Tim Grover, is not the same you and Tim Grover. That level of relationship is totally disassociated. It's a not basis for a "coach".And again, MJ succeeded for the following reasons.
1) God given talent & ability(like i suggested)
2) He wanted it/work ethic(like any great)
3) Learning from failures(trial and errors like I suggested)Take out #1, and it's all immaterial. Coach or no coach. I know you do not disagree.
- Real Estate Broker · Minneapolis, MN · Member since 2011 · 5k+ posts · 6k+ votes2y
Quote from @V.G Jason:
Quote from @James Hamling:
Quote from @Joe Villeneuve:
Thanks. Your comment above just proved my (our) point.Quote from @V.G Jason:
Quote from @Joe Villeneuve:
I always laugh when I read this type of answer. My comment is simple. You know what you know, and you don't know what you don't know. If someone knows more than you, and paying them to teach you will give you a return larger than what you paid for it,...and that return keeps repeating, why wouldn't you pay for it? Yes there are garbage coaches out there. Find the good one. It's not that hard. You're about to be responsible for more than a billion dollars in cash and RE, so just jumping in and learning as you go, without the benefit of someone else's experience, makes perfect sense. Trouble is, when you go into REI, the goal is to make dollars, not cents.Quote from @V.G Jason:
Quote from @Tim Ryan:
@Mario Morales definitely don't listen to @V.G Jason he doesn't know what he's talking about. I am one of those who paid for coaching and have had tremendous success due to them. Not predatory at all or in any way. I did a coaching program with Rich Dad years ago (Robert Kiyosaki) and it was amazing. They helped me in direct ways that no way this site or a casual post could do. Money well spent on my part. Then I spent money with RE Mentor (David Lindahl) and that completely changed my life forever. I own hundreds of apartment units and have a lot of positive cash due to that program. The third one I spent money on is a guy who is no longer around. His name is Marc Garrison and he did Buying Tours and this completely set me on a course to success. I've done more for personal development and health also. The key is to do what you are doing - ask for advise on where to sign up - but not if you should sign up. We all need mentors, coaches, guidance. DM for more info on those programs.
These guys got something to sell you, keep believing these types of flameouts. The most lucrative investment he has in his future is something to sell to people like you.
I am not one of those to paid for coaching. Made a great success in a W2 job, then created businesses from it and got into REI this calendar year. I am willing to bet if more people managed risk appropriately and studied their parameters within their job, took calculated risks they can do as well. If not better than me. Tim is small fry that has to prey on smaller fry.
So funny that almost every person encouraging him to get a coach is affiliated with a mastermind or of the sort?
The crux of it isn't what you don't know that gets you in tough times, it's what you know but isn't so. So "coaches" are all coming from angles that they succeeded on. That advice does not translate. If you're look merely advice, like i suggested-- this board is plentiful of it.
I don't consider a coach your CPA, PM, or real estate agent. Just to make matters clear, they are experts in their roles. Not a REI coach. And for someone that posted thinking Michael Jordan, Tiger Woods, etc., all use coaches. This is a level of physical expertise that the .00001% will never be able to attain that are polishing off their god given talent. There is absolutely zero way that translates to us as investors. They have that scarce talent, athletic ability, and an excellent work ethic. I could have the same work ethic and same coach as Tiger Woods, and I would be a complete flop. Would I improve? Sure. Enough to close the gap between Tiger & I? Never.
And the truth is when you get to a certain level, people come to you. You don't go to people. That's why coaches and people encouraging them to be coaches are nonsense. You want to be the one giving advice through your trial and error, this does not mean play blindly. Do research, study the ball game. And apply your knowledge. You'll have great confidence in your own abilities once you understand the game, the risks, and everything in between. This applies to almost anything outside of the small areas where physical/natural talent & athletic ability reign supreme and/or an incredibly high intellect.
V.G
Oh I am SO GLAD you mention M.J.! It was M.J.'s "God given talent" huh, lol. Well, did-ya know, lol. What am I saying, OF COURSE you DON'T know, sport's fan's across BP busted out in laughter when you wrote that, and here now, they know EXACTLY what I am about to point out.
The "GOAT" Michael -FREAKING- Jordan: FAILED, a LOT, but for example failed to make the Varsity team. was it his talent's day off? AAAANNNDDD just by chance, as M.J. was inducted into the Basketball Hall of Fame in '09' during M.J.'s acceptance speech he mentioned his high school COACH ('Pop') for making him into the man/success M.J. was today/then...... thanks to his COACH..... Not to mention the credit he's given to the Bull's coaches', the various other coaches in life.
M.J. was NOT the "goat" always and forever. Wayne Gretzky, hell WARREN BUFFET, on and on and on the "GOAT"s credit various influences, and COACHES, for being the "how" to the great they became.
Hey, V.G, remember that acceptance speech at the Academy Awards when that, oh what's there face, got up and said "It was all ME, just ME, I did it ALONE, I'm the GREATEST, I did it all on my own, I'm AMAZING, super talented, I never needed anybody!"? Oh yeah, NEVER happened!
I don't know what put such a big chip on that shoulder V.G but feel free to stop flaunting it here via attacking Someone's CORRECT effort's at looking to BEST elevate themselves via the same thing the vast majority of great success's have; a COACH.
Hmm, I already said you can't compare a coach in a level of physical expertise/extremely high intellect to coaching a REI.
And for someone that posted thinking Michael Jordan, Tiger Woods, etc., all use coaches. This is a level of physical expertise that the .00001% will never be able to attain that are polishing off their god given talent. There is absolutely zero way that translates to us as investors.
Warren to Benjamin is apples to orange to the average guy and Benjamin. Michael Jordan and Tim Grover, is not the same you and Tim Grover. That level of relationship is totally disassociated. It's a not basis for a "coach".And again, MJ succeeded for the following reasons.
1) God given talent & ability(like i suggested)
2) He wanted it/work ethic(like any great)
3) Learning from failures(trial and errors like I suggested)Take out #1, and it's all immaterial. Coach or no coach. I know you do not disagree.
Look, V.G, big-time stretching myself here to give a whole lot of bennefit of doubt.
I agree 1,000% that the vast majority of those promoting there "Guru"/"REI Coach" program are 1,000% snake-oil salesman, complete scamming BS giving dribbles of knowledge at maximum price as there focus is profiting off those seeking a REI Coach. No argument there, hold a protest I will be at front of it, I am there with ya.
But.... those dirt-bag's don't mean ALL business's coaches are dirt-bag's. Yes, business coaching is very much a thing, long has, and it's arguable MORE important than sport's coaches'.
You maybe have not had opportunity to come across a legit one but they do exist. Anthony Robbin's, there is 1 right there. I know MANY persons in business who have wildly profited as a direct result of his coaching, many. I know multi-millionaires who profess to there coaches. Actually, I don't know 1 who says they did it alone, all site various coaches' at various facet's.
It is true V.G, business coaches are a legitimate, positive, beneficial thing. There is also an army of dirt-bag's selling false dreams pretending to be that but are anything but.
- 2yV.G JasonPro MemberInvestor · Member since 2022 · 3k+ posts · 3k+ votes
Quote from @James Hamling:
Quote from @V.G Jason:
Quote from @James Hamling:
Quote from @Joe Villeneuve:
Thanks. Your comment above just proved my (our) point.Quote from @V.G Jason:
Quote from @Joe Villeneuve:
I always laugh when I read this type of answer. My comment is simple. You know what you know, and you don't know what you don't know. If someone knows more than you, and paying them to teach you will give you a return larger than what you paid for it,...and that return keeps repeating, why wouldn't you pay for it? Yes there are garbage coaches out there. Find the good one. It's not that hard. You're about to be responsible for more than a billion dollars in cash and RE, so just jumping in and learning as you go, without the benefit of someone else's experience, makes perfect sense. Trouble is, when you go into REI, the goal is to make dollars, not cents.Quote from @V.G Jason:
Quote from @Tim Ryan:
@Mario Morales definitely don't listen to @V.G Jason he doesn't know what he's talking about. I am one of those who paid for coaching and have had tremendous success due to them. Not predatory at all or in any way. I did a coaching program with Rich Dad years ago (Robert Kiyosaki) and it was amazing. They helped me in direct ways that no way this site or a casual post could do. Money well spent on my part. Then I spent money with RE Mentor (David Lindahl) and that completely changed my life forever. I own hundreds of apartment units and have a lot of positive cash due to that program. The third one I spent money on is a guy who is no longer around. His name is Marc Garrison and he did Buying Tours and this completely set me on a course to success. I've done more for personal development and health also. The key is to do what you are doing - ask for advise on where to sign up - but not if you should sign up. We all need mentors, coaches, guidance. DM for more info on those programs.
These guys got something to sell you, keep believing these types of flameouts. The most lucrative investment he has in his future is something to sell to people like you.
I am not one of those to paid for coaching. Made a great success in a W2 job, then created businesses from it and got into REI this calendar year. I am willing to bet if more people managed risk appropriately and studied their parameters within their job, took calculated risks they can do as well. If not better than me. Tim is small fry that has to prey on smaller fry.
So funny that almost every person encouraging him to get a coach is affiliated with a mastermind or of the sort?
The crux of it isn't what you don't know that gets you in tough times, it's what you know but isn't so. So "coaches" are all coming from angles that they succeeded on. That advice does not translate. If you're look merely advice, like i suggested-- this board is plentiful of it.
I don't consider a coach your CPA, PM, or real estate agent. Just to make matters clear, they are experts in their roles. Not a REI coach. And for someone that posted thinking Michael Jordan, Tiger Woods, etc., all use coaches. This is a level of physical expertise that the .00001% will never be able to attain that are polishing off their god given talent. There is absolutely zero way that translates to us as investors. They have that scarce talent, athletic ability, and an excellent work ethic. I could have the same work ethic and same coach as Tiger Woods, and I would be a complete flop. Would I improve? Sure. Enough to close the gap between Tiger & I? Never.
And the truth is when you get to a certain level, people come to you. You don't go to people. That's why coaches and people encouraging them to be coaches are nonsense. You want to be the one giving advice through your trial and error, this does not mean play blindly. Do research, study the ball game. And apply your knowledge. You'll have great confidence in your own abilities once you understand the game, the risks, and everything in between. This applies to almost anything outside of the small areas where physical/natural talent & athletic ability reign supreme and/or an incredibly high intellect.
V.G
Oh I am SO GLAD you mention M.J.! It was M.J.'s "God given talent" huh, lol. Well, did-ya know, lol. What am I saying, OF COURSE you DON'T know, sport's fan's across BP busted out in laughter when you wrote that, and here now, they know EXACTLY what I am about to point out.
The "GOAT" Michael -FREAKING- Jordan: FAILED, a LOT, but for example failed to make the Varsity team. was it his talent's day off? AAAANNNDDD just by chance, as M.J. was inducted into the Basketball Hall of Fame in '09' during M.J.'s acceptance speech he mentioned his high school COACH ('Pop') for making him into the man/success M.J. was today/then...... thanks to his COACH..... Not to mention the credit he's given to the Bull's coaches', the various other coaches in life.
M.J. was NOT the "goat" always and forever. Wayne Gretzky, hell WARREN BUFFET, on and on and on the "GOAT"s credit various influences, and COACHES, for being the "how" to the great they became.
Hey, V.G, remember that acceptance speech at the Academy Awards when that, oh what's there face, got up and said "It was all ME, just ME, I did it ALONE, I'm the GREATEST, I did it all on my own, I'm AMAZING, super talented, I never needed anybody!"? Oh yeah, NEVER happened!
I don't know what put such a big chip on that shoulder V.G but feel free to stop flaunting it here via attacking Someone's CORRECT effort's at looking to BEST elevate themselves via the same thing the vast majority of great success's have; a COACH.
Hmm, I already said you can't compare a coach in a level of physical expertise/extremely high intellect to coaching a REI.
And for someone that posted thinking Michael Jordan, Tiger Woods, etc., all use coaches. This is a level of physical expertise that the .00001% will never be able to attain that are polishing off their god given talent. There is absolutely zero way that translates to us as investors.
Warren to Benjamin is apples to orange to the average guy and Benjamin. Michael Jordan and Tim Grover, is not the same you and Tim Grover. That level of relationship is totally disassociated. It's a not basis for a "coach".And again, MJ succeeded for the following reasons.
1) God given talent & ability(like i suggested)
2) He wanted it/work ethic(like any great)
3) Learning from failures(trial and errors like I suggested)Take out #1, and it's all immaterial. Coach or no coach. I know you do not disagree.
Look, V.G, big-time stretching myself here to give a whole lot of bennefit of doubt.
I agree 1,000% that the vast majority of those promoting there "Guru"/"REI Coach" program are 1,000% snake-oil salesman, complete scamming BS giving dribbles of knowledge at maximum price as there focus is profiting off those seeking a REI Coach. No argument there, hold a protest I will be at front of it, I am there with ya.
But.... those dirt-bag's don't mean ALL business's coaches are dirt-bag's. Yes, business coaching is very much a thing, long has, and it's arguable MORE important than sport's coaches'.
You maybe have not had opportunity to come across a legit one but they do exist. Anthony Robbin's, there is 1 right there. I know MANY persons in business who have wildly profited as a direct result of his coaching, many. I know multi-millionaires who profess to there coaches. Actually, I don't know 1 who says they did it alone, all site various coaches' at various facet's.
It is true V.G, business coaches are a legitimate, positive, beneficial thing. There is also an army of dirt-bag's selling false dreams pretending to be that but are anything but.
You are probably right, but yeah I get triggered when i hear influencers/promoters. I assume all are bad, until proven wise. But I also really wish more people would have confidence in their own abilities, develop the skills, learn and adjust from failure. They do not give themselves enough credit, and I believe Mario should try that first. From folks on here. To get back on topic, that was my underlying point.
- 2yJoe VilleneuvePro MemberPlymouth, MI · Member since 2013 · 13k+ posts · 19k+ votesLearning that way is so limited due to what you're exposed to and what you understand. Most of the time you learn what not to do, but never what could have been.
Quote from @V.G Jason:
Quote from @James Hamling:
Quote from @V.G Jason:
Quote from @James Hamling:
Quote from @Joe Villeneuve:
Thanks. Your comment above just proved my (our) point.Quote from @V.G Jason:
Quote from @Joe Villeneuve:
I always laugh when I read this type of answer. My comment is simple. You know what you know, and you don't know what you don't know. If someone knows more than you, and paying them to teach you will give you a return larger than what you paid for it,...and that return keeps repeating, why wouldn't you pay for it? Yes there are garbage coaches out there. Find the good one. It's not that hard. You're about to be responsible for more than a billion dollars in cash and RE, so just jumping in and learning as you go, without the benefit of someone else's experience, makes perfect sense. Trouble is, when you go into REI, the goal is to make dollars, not cents.Quote from @V.G Jason:
Quote from @Tim Ryan:
@Mario Morales definitely don't listen to @V.G Jason he doesn't know what he's talking about. I am one of those who paid for coaching and have had tremendous success due to them. Not predatory at all or in any way. I did a coaching program with Rich Dad years ago (Robert Kiyosaki) and it was amazing. They helped me in direct ways that no way this site or a casual post could do. Money well spent on my part. Then I spent money with RE Mentor (David Lindahl) and that completely changed my life forever. I own hundreds of apartment units and have a lot of positive cash due to that program. The third one I spent money on is a guy who is no longer around. His name is Marc Garrison and he did Buying Tours and this completely set me on a course to success. I've done more for personal development and health also. The key is to do what you are doing - ask for advise on where to sign up - but not if you should sign up. We all need mentors, coaches, guidance. DM for more info on those programs.
These guys got something to sell you, keep believing these types of flameouts. The most lucrative investment he has in his future is something to sell to people like you.
I am not one of those to paid for coaching. Made a great success in a W2 job, then created businesses from it and got into REI this calendar year. I am willing to bet if more people managed risk appropriately and studied their parameters within their job, took calculated risks they can do as well. If not better than me. Tim is small fry that has to prey on smaller fry.
So funny that almost every person encouraging him to get a coach is affiliated with a mastermind or of the sort?
The crux of it isn't what you don't know that gets you in tough times, it's what you know but isn't so. So "coaches" are all coming from angles that they succeeded on. That advice does not translate. If you're look merely advice, like i suggested-- this board is plentiful of it.
I don't consider a coach your CPA, PM, or real estate agent. Just to make matters clear, they are experts in their roles. Not a REI coach. And for someone that posted thinking Michael Jordan, Tiger Woods, etc., all use coaches. This is a level of physical expertise that the .00001% will never be able to attain that are polishing off their god given talent. There is absolutely zero way that translates to us as investors. They have that scarce talent, athletic ability, and an excellent work ethic. I could have the same work ethic and same coach as Tiger Woods, and I would be a complete flop. Would I improve? Sure. Enough to close the gap between Tiger & I? Never.
And the truth is when you get to a certain level, people come to you. You don't go to people. That's why coaches and people encouraging them to be coaches are nonsense. You want to be the one giving advice through your trial and error, this does not mean play blindly. Do research, study the ball game. And apply your knowledge. You'll have great confidence in your own abilities once you understand the game, the risks, and everything in between. This applies to almost anything outside of the small areas where physical/natural talent & athletic ability reign supreme and/or an incredibly high intellect.
V.G
Oh I am SO GLAD you mention M.J.! It was M.J.'s "God given talent" huh, lol. Well, did-ya know, lol. What am I saying, OF COURSE you DON'T know, sport's fan's across BP busted out in laughter when you wrote that, and here now, they know EXACTLY what I am about to point out.
The "GOAT" Michael -FREAKING- Jordan: FAILED, a LOT, but for example failed to make the Varsity team. was it his talent's day off? AAAANNNDDD just by chance, as M.J. was inducted into the Basketball Hall of Fame in '09' during M.J.'s acceptance speech he mentioned his high school COACH ('Pop') for making him into the man/success M.J. was today/then...... thanks to his COACH..... Not to mention the credit he's given to the Bull's coaches', the various other coaches in life.
M.J. was NOT the "goat" always and forever. Wayne Gretzky, hell WARREN BUFFET, on and on and on the "GOAT"s credit various influences, and COACHES, for being the "how" to the great they became.
Hey, V.G, remember that acceptance speech at the Academy Awards when that, oh what's there face, got up and said "It was all ME, just ME, I did it ALONE, I'm the GREATEST, I did it all on my own, I'm AMAZING, super talented, I never needed anybody!"? Oh yeah, NEVER happened!
I don't know what put such a big chip on that shoulder V.G but feel free to stop flaunting it here via attacking Someone's CORRECT effort's at looking to BEST elevate themselves via the same thing the vast majority of great success's have; a COACH.
Hmm, I already said you can't compare a coach in a level of physical expertise/extremely high intellect to coaching a REI.
And for someone that posted thinking Michael Jordan, Tiger Woods, etc., all use coaches. This is a level of physical expertise that the .00001% will never be able to attain that are polishing off their god given talent. There is absolutely zero way that translates to us as investors.
Warren to Benjamin is apples to orange to the average guy and Benjamin. Michael Jordan and Tim Grover, is not the same you and Tim Grover. That level of relationship is totally disassociated. It's a not basis for a "coach".And again, MJ succeeded for the following reasons.
1) God given talent & ability(like i suggested)
2) He wanted it/work ethic(like any great)
3) Learning from failures(trial and errors like I suggested)Take out #1, and it's all immaterial. Coach or no coach. I know you do not disagree.
Look, V.G, big-time stretching myself here to give a whole lot of bennefit of doubt.
I agree 1,000% that the vast majority of those promoting there "Guru"/"REI Coach" program are 1,000% snake-oil salesman, complete scamming BS giving dribbles of knowledge at maximum price as there focus is profiting off those seeking a REI Coach. No argument there, hold a protest I will be at front of it, I am there with ya.
But.... those dirt-bag's don't mean ALL business's coaches are dirt-bag's. Yes, business coaching is very much a thing, long has, and it's arguable MORE important than sport's coaches'.
You maybe have not had opportunity to come across a legit one but they do exist. Anthony Robbin's, there is 1 right there. I know MANY persons in business who have wildly profited as a direct result of his coaching, many. I know multi-millionaires who profess to there coaches. Actually, I don't know 1 who says they did it alone, all site various coaches' at various facet's.
It is true V.G, business coaches are a legitimate, positive, beneficial thing. There is also an army of dirt-bag's selling false dreams pretending to be that but are anything but.
You are probably right, but yeah I get triggered when i hear influencers/promoters. I assume all are bad, until proven wise. But I also really wish more people would have confidence in their own abilities, develop the skills, learn and adjust from failure. They do not give themselves enough credit, and I believe Mario should try that first. From folks on here. To get back on topic, that was my underlying point.
- 2yChris ClothierBusiness MemberRental Property Investor · memphis, TN · Member since 2009 · 2k+ posts · 3k+ votes
My take on this is pretty simple. A good mentor, coach, guide - whatever you want to call them - will flatten and straighten the road for you. They will allow you to get to your final destination with fewer mountains to climb and fewer curves to navigate. Of course, you still have to do the work and be able to be coached and led, but ultimately that is the role they play.
You will find many people here on the site who have hired mentors and coaches and even purchased programs. I may not be in this industry if not for Carlton Sheets and his late night infomercials which I watched and responded to nearly 25 years ago.
As for BP being the only resource you need...no way. I've said it since I joined in the beginning. It is a great site and I am a huge proponent of BP and a bit of a geeky fan. But it lacks the personal touch needed to truly be influenced and guided. Plus, you have no idea if the advice you are getting for free is from someone with real experience or less than a year and just completing their first deal. In this space, everyone has the same voice and the loud talker (heavy poster) may or may not know what the heck they are talking about.
As for all the talk about athletes and coaches. It is true that no professional athlete has reached the pinnacle of their profession without coaches, mentors, mentalists, and dozens of programs and thousands of dollars spent. The argument that none of us are going to reach their level if we spent the same dollars misses the entire point. On any given day there are dozens if not more golfers at the local golf clubs and ranges getting coached on how to swing golf clubs better. Why? Because they recognize the shortest route to improvement is to learn from someone who knows. Most likely none of those golfers thinks they will be the next Tiger Woods, but they all desire to lower their handicap.
In real estate, the analogy applies. I've had people reach out to me asking for mentorship that I am not equipped to provide mostly because I am a business owner now. I still invest in real estate but I am managing a $2B portfolio of other single family investors. My advice is different today and anyone wanting to do what I do has a long learning curve. Not impossible by any stretch but it takes times. However, I give advice based on my experience, but encourage everyone to find a mentor who is accomplishing the next step you want to accomplish. Invite them for a cup of coffee ask what they did to get started and what advice they give today. I agree with @Joe Villeneuve that investing in yourself makes perfect sense, regardless of cost, if you can earn a return and then continue to apply what you learned. Every investor on here, regardless of where they are on their journey, should be looking to get better, smarter, faster, wiser and be looking for any advantage they can find.
I have been an entrepreneur for a lot of years now and by my definition of success have been very successful. And yet, this year I will have spent a significant amount of money on a coach even though I have not had one for almost a decade. It was time. I wanted to sharpen my skills and get a new perspective and voice because I for see a period of opportunity and growth in the next 12-36 months. I needed to invest in making myself better right now.
It is very smart to seek out the advice and knowledge that you need and do it before you need it. Any advantage you can get to straighten the road for yourself is one you should take.
- 2yJoe S.Pro MemberInvestor · San Antonio · Member since 2020 · 3k+ posts · 3k+ votes
Quote from @Chris Clothier:
My take on this is pretty simple. A good mentor, coach, guide - whatever you want to call them - will flatten and straighten the road for you. They will allow you to get to your final destination with fewer mountains to climb and fewer curves to navigate. Of course, you still have to do the work and be able to be coached and led, but ultimately that is the role they play.
You will find many people here on the site who have hired mentors and coaches and even purchased programs. I may not be in this industry if not for Carlton Sheets and his late night infomercials which I watched and responded to nearly 25 years ago.
As for BP being the only resource you need...no way. I've said it since I joined in the beginning. It is a great site and I am a huge proponent of BP and a bit of a geeky fan. But it lacks the personal touch needed to truly be influenced and guided. Plus, you have no idea if the advice you are getting for free is from someone with real experience or less than a year and just completing their first deal. In this space, everyone has the same voice and the loud talker (heavy poster) may or may not know what the heck they are talking about.
As for all the talk about athletes and coaches. It is true that no professional athlete has reached the pinnacle of their profession without coaches, mentors, mentalists, and dozens of programs and thousands of dollars spent. The argument that none of us are going to reach their level if we spent the same dollars misses the entire point. On any given day there are dozens if not more golfers at the local golf clubs and ranges getting coached on how to swing golf clubs better. Why? Because they recognize the shortest route to improvement is to learn from someone who knows. Most likely none of those golfers thinks they will be the next Tiger Woods, but they all desire to lower their handicap.
In real estate, the analogy applies. I've had people reach out to me asking for mentorship that I am not equipped to provide mostly because I am a business owner now. I still invest in real estate but I am managing a $2B portfolio of other single family investors. My advice is different today and anyone wanting to do what I do has a long learning curve. Not impossible by any stretch but it takes times. However, I give advice based on my experience, but encourage everyone to find a mentor who is accomplishing the next step you want to accomplish. Invite them for a cup of coffee ask what they did to get started and what advice they give today. I agree with @Joe Villeneuve that investing in yourself makes perfect sense, regardless of cost, if you can earn a return and then continue to apply what you learned. Every investor on here, regardless of where they are on their journey, should be looking to get better, smarter, faster, wiser and be looking for any advantage they can find.
I have been an entrepreneur for a lot of years now and by my definition of success have been very successful. And yet, this year I will have spent a significant amount of money on a coach even though I have not had one for almost a decade. It was time. I wanted to sharpen my skills and get a new perspective and voice because I for see a period of opportunity and growth in the next 12-36 months. I needed to invest in making myself better right now.
It is very smart to seek out the advice and knowledge that you need and do it before you need it. Any advantage you can get to straighten the road for yourself is one you should take.
How does someone like yourself find a coach that is further along than you?
If a person knows next to nothing finding a coach that can take you to the next level is not as difficult. Once a person has been doing it for a while then finding someone that can take you to the next level that is not simply a pretender is a bit of a challenge. There have been a couple of people that we jump on a quick phone call and after a few minutes, I realize that I know as much or more about the subject than they do and we politely go our separate ways after a few pleasantries. Now, if this was one of the coaching programs that most people are selling these days, I would not have even had a chance to gauge who I was working with with a phone call.
I stand by my original comment that finding the right person is going to be the challenge. Congratulations on finding someone to take you to the next level which I know is no small feat, considering how far you are already at. - Member since 2023 · 35 posts · 50 votes2y
Personally I have, it’s not a bad idea to invest in yourself and learn from experienced, but it doesn’t always mean you will get value from them, i have learned great things but I have also been through bad experiences as well.
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