Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 12 months ago on . Most recent reply

User Stats

6,413
Posts
3,688
Votes
Bob S.
  • Real Estate Consultant
  • Cleveland
3,688
Votes |
6,413
Posts

NEWBIES need to STOP doing this.

Bob S.
  • Real Estate Consultant
  • Cleveland
Posted

I see post after post after post, hey can I get a list of your contractors, PM'S and hey how about a call so I can learn. We all worked hard for years; we are not just going to give it away. Have a read

A good friend shared this story recently; a nice story about effort vs. skill – a good reminder that in many areas of work/life time and outcome aren’t always aligned; especially in the space…

A giant ship’s engine failed. The ship’s owners tried one ‘professional’ after another but none of them could figure out how to fix the broken engine.

Then they brought in a man who had been fixing ships since he was young.
He carried a large bag of tools with him and when he arrived immediately went to work. He inspected the engine very carefully, top to bottom.

Two of the ship’s owners were there watching this man, hoping he would know what to do. After looking things over, the old man reached into his bag and pulled out a small hammer. He gently tapped something. Instantly, the engine lurched into life. He carefully put his hammer away and the engine was fixed!!!

A week later, the owners received an invoice from the old man for $10,000.

What?! the owners exclaimed. “He hardly did anything..!!!”.

So they wrote to the man; “Please send us an itemised invoice.”

The man sent an invoice that read:

Tapping with a hammer………………….. $2.00

Knowing where to tap…………………….. $9,998.00

Effort is important but experience and knowing where to direct that effort makes all the difference.

Most Popular Reply

User Stats

28,237
Posts
41,408
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,408
Votes |
28,237
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

I've seen this story before and love it. 

  • Nathan Gesner
business profile image
The DIY Landlord Book
4.7 stars
169 Reviews

Loading replies...