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Updated over 5 years ago on . Most recent reply

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Kathy Calderini
  • Lender
  • Atlanta, GA
31
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58
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What is one thing you wish you knew when you started in RE?

Kathy Calderini
  • Lender
  • Atlanta, GA
Posted

Please share the one thing you that you wish you knew when you got started in Real Estate investing.

Most Popular Reply

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28,204
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,309
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

Funny, my response is similar to @Greg Dickerson

I grew up just above the poverty level and most of my relatives had never owned a home. My family owned a home but it was a used double-wide. I bought my first house right before turning 30 and thought I had made it to the big leagues. I had a house and a paycheck so life was good. Five years later I read "Rich Dad, Poor Dad" and it opened my mind to greater things. I bought my first investment...and then quit because I thought I was already a Rockefeller!

It wasn't until a few years ago that I realized I had limited my potential. I didn't see myself as doing anything greater because I was already ahead of my family members and peers. I didn't care about being a "millionaire" or wearing fancy duds or driving a Tesla. I don't need $50,000 a month because I'm already living a good life.

But what I recently realized is that I have potential to use my abilities to benefit others. I can donate money to the pregnancy resource center to help women in a time of need. I can donate to help pay medical bills for kids. I can provide beds for poor children, backpacks full of schools supplies, or a water well for an African village.

I am building my investments in hopes of helping others. I wish I had thought about that 15 years ago.

  • Nathan Gesner
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