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BlogsFrom ZERO to FREEDOM by a newbie in LAGetting Started thoughts & timeline

Posted about 13 years ago

Getting Started thoughts & timeline

Thoughts:


I really want to spend more time with my family and need to properly plan how to do that.  How do successful people do it?  What did they do?  What mindset did they have and how can I mirror that perspective into action?


Timeline:


January 2013 

- wife gives birth

- want to spend more time at home raising kids and being with family

- stumble across Robert Kiyosaki's material on YouTube

- listen to EVERYTHING and am excited

- stumble across Sean Terry's Flip2Freedom Podcast

- even MORE pumped about getting into Real Estate

- decide that my approach in 2013 beyond will be to build & acquire assets for long term family planning

- listen to more Flip2Freedom podcast episodes daily

- talk to my Investment Advisor friend and share my desire to get involved in Creating Wealth through Real Estate


February 2013

- Find BiggerPockets website

- Talk to Lance at USLeadList

- Started contacting and networking with local Wholesale investors in LA

- talk again with Investment Advisor to share my interest in Wholeselling and he tells me he and his partner will gladly buy properties from me that fit their criteria that are good deals

- Gain a little more clarity on how the Wholesale approach works

- Realize that the LA market is ALWAYS 10X more complicated and congested than any other market in the world LOL

- Figuring out a Differentiation Plan to set me apart from all the other "real estate investors" lurking the LA market


Conclusion


I'm almost 2 months into the year and feel like I'm ready to take the plunge and start marketing or searching for deals that match the ONE solid buyer I have :)  I won't look around to see what every other Wholesale person is doing but do what I do best and let the quality lead to closed deals :)


Here's to my first check!!!!




Comments (4)

  1. Thanks Ned, you are correct, I'm running off of pure adrenaline (especially since I'm sleep deprived too lol) and my hope is to build relationships here on BP and locally that will be the nudge to the arm when the going gets tough. I'm creating some actionable goals so those things can serve as additional motivation :)

    Rob Pene, about 13 years ago


  2. You are pumped right now. However what will make you successful is to keep it up. Be patient and persistent. Despite what the Gurus say, this business can take time. I would guess on average that it takes someone who is serious about 6 months to do their first deal.

    Ned Carey, about 13 years ago


  3. Thanks Al...I'm trying to stay the course, make that first check, pay off some family bills, then keep pushing to the next deal :)

    Rob Pene, about 13 years ago


  4. Rob, you're a go getter! Stick with it and surround yourself with supporters. Best to you Sir!

    Al Williamson, about 13 years ago