All Forum Posts by: Kevin S.
Kevin S. has started 24 posts and replied 394 times.
Post: The 5 Biggest Mistakes New Investors Are Making Here In The Forums
- Posts 398
- Votes 240
Post: The 5 Biggest Mistakes New Investors Are Making Here In The Forums
- Posts 398
- Votes 240
I am sure it is really, really hard. Not harder than understanding some people's impression of themselves. Having said that it's not entirely true. I have someone here on BP who is making it easier for me. I am thankful to him.
Laughing at these post? Probably. I couldn't disagree at this point is my honest answer. One thing I won't be doing is laugh at another newbie's post or indicating to a newbie he/she will laugh at their own post.
'If' is not the word. I will be doing it.
Post: The 5 Biggest Mistakes New Investors Are Making Here In The Forums
- Posts 398
- Votes 240
I could respond in kind to your comment but will refrain from doing that.
If you have a disagreement? There's nothing wrong.
If you have a different opinion? That's actually good.
If you want to belittle and demean? It's not ok.
Posting uncivilized comments? Show some restrain.
Post: The 5 Biggest Mistakes New Investors Are Making Here In The Forums
- Posts 398
- Votes 240
I have only been defending newbies while admitting their faults at the same time but keep getting insults. For the life of me I don't understand how some seasoned pros think it's ok to do that. Even more baffling is watching other pros joining in on that. Last one being Jim K. who took it another level! Newbies are largely wrong, I get that, but for a reason. What reason do seasoned pros has to not just be understanding of that?
Only a couple dared to chime in and break away from the 'club' which I largely appreciate.
Post: The 5 Biggest Mistakes New Investors Are Making Here In The Forums
- Posts 398
- Votes 240
Thank you for your thoughtful comments. Not everyone think like you as you can very well see on this thread.
Post: The 5 Biggest Mistakes New Investors Are Making Here In The Forums
- Posts 398
- Votes 240
I like Plaks' contributions to this forum. Brandt is the one I respect. You have posted good comments and I read yours. I read Dan's comments too. There are few others (actually not too many) I like reading, their names I cannot recall at this very moment. Informative, sometime humorous (makes it fun), non judgmental. Thanks to all these (few :)) guys.
Post: The 5 Biggest Mistakes New Investors Are Making Here In The Forums
- Posts 398
- Votes 240
You don't have to wait. I am already successful in what I do. In my world you would be lucky if you could be successful in 60 yrs. In my world we don't insult or have name calling. I wish you another successful 30 yrs in what you do.
Post: The 5 Biggest Mistakes New Investors Are Making Here In The Forums
- Posts 398
- Votes 240
Thank you, Dan. The wise one has risen and the wise one has spoken.
Post: The 5 Biggest Mistakes New Investors Are Making Here In The Forums
- Posts 398
- Votes 240
Jonathan expects others to read his long post but responding yours' with 'TLDR'.
Post: The 5 Biggest Mistakes New Investors Are Making Here In The Forums
- Posts 398
- Votes 240
Quote from @Dan H.:
Quote from @Bruce Woodruff:
Good post @Jonathan Greene!
My 2 gripes are:
No simple thank you for advice that is insanely valuable
Everyone wants shortcuts and easy nowadays.....How many times do we hear - "Is there an App for ________?"
I think sometimes the newbies do not see the value of the information or offer of help.
there was a thread on starting on storage units by @henry Clark. It had so much detail based on years of lessons learned. The person the thread was primarily dedicated to simply was not following the advice accurately enough or being too lazy. IMO the info that Henry presented in the thread could have formed the basis of a guru course worth thousands of dollars.
just as the person it was directed to would not do what was requested, he also appeared to not fully value the great guidance offered.
I recently was finishing a rehab that in terms of budget was my worst ever (not ideal at my experience level but shows even those with experience have learning opportunities) but was still feeling generous to a local newbie. I told him what day I expected to finish the rehab and to contact me at that time and I would treat him to a burrito and beer to discuss local RE. Note I have 8 digits of local RE and my net worth increases over 7 digits per year for at least the last handful of years. If I judge my hourly on net worth, my hourly value is in excess of $500/hour. He never contacted me. When I was starting out I would have loved to have someone like me treat me to a lunch to discuss RE. I would have placed the date on the calendar and on that date I would have inquired if the offer was still available and whatever date the experienced person had, I would have made sure I was available.
I do not make such offers often and am surprised when someone does not make use of the offer. At worst case, they would have gotten a free meal and beer for some time and if what we discussed had no value to them, they could ignore it. Best case is they get a free meal and walk away with a lot of valuable information.
some newbies will never not be newbies.
That is bad. Some newbie make the rest look bad. Please don't put every newbie in one basket. I hope you can look past the bad ones. Appreciate your contribution.