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Updated almost 6 years ago on . Most recent reply

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Jacquelyn Dockery
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Investing no experience

Posted

I would love to complete my first deal within the next two months, I really would like to try after this 3 day workshop. I am new to the real estate world and truly excited. There is so much information and I am trying not overload myself.

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Jeff Cichocki
  • Lender
  • All 50 States
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Jeff Cichocki
  • Lender
  • All 50 States
Replied

@Jacquelyn Dockery,

I'm sorry, but I half disagree with all the nay-sayers above. Boot camps and mentors can be invaluable. Yes, you will be sold to during the event. Yes, I understand that everyone hates to be sold to. I do to. But, there is always great information and great networking opportunities at these events. There will be lots of people there that are in the same boat as you. You may very well find someone that you will become good friends with and help hold each other accountable. I can't tell you how much going to events has helped me over the years (yes I've been sold to more times than I can count, but I left my credit card in the room so I wouldn't be tempted in the moment).

I have bought coaching and mentoring packages throughout my career. Some sucked and some were life changing. All were valuable. The ones that sucked helped to show me what to look for. Some people will say that that is an extremely expensive way to learn. I would argue that it's a lot cheaper than losing my backside in a couple of deals.

There is a lots of advice that is freely given here on BP. Some good; some bad. But all of it is from well intentioned people who want to help. Unfortunately, none of us truly know the position you are in. The best we can do is to think we understand; our perception based on our own experience and what others have told us. However, you are the only person who can make the choice as to whether or not mentoring is for you. You are the only one that can decide whether or not to go to a boot camp. You are the only one that will benefit or not from your choices. No one else here will be harmed by whatever you decide; good or bad.

Don't take the decision lightly, but also don't just listen to the negative comments either. If you make your decisions based solely on the negativity, you will miss out on a ton of opportunity in your real estate investing career. You may even end up walking away because you end believing it's too hard.

I wish more people would give out advice from both sides of the aisle. But, that's not how the human mind works. For some reason, we are attracted to the negative. If you think about it at all, you will realize that more good has come from the things you've done than bad. And so it is with attending seminars, boot camps and having mentors.

Anyway, just my two cents worth. I hope it helps to shed at least little clarity on how to make the best choice for you.

Good luck!

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