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Updated 8 months ago,

User Stats

737
Posts
619
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Logan M.
Pro Member
  • Investor
  • Provo, UT
619
Votes |
737
Posts

In-Depth Explanation Only listen to investors who are where you want to be.

Logan M.
Pro Member
  • Investor
  • Provo, UT
Posted

Only listen to investors who are where you want to be. There is so much noise out there that is often incorrect.

Real Estate is far too often overcomplicated and confusing. New investors look for guidance only to find constant ads for courses, coaching, and get-rich-quick strategies.

Look at those where you want to be and before you ask them to be your mentor study them, learn from them, and read books about business owners. 

Growing up in a household with 6 siblings and parents working hard to survive living in California I became very observant of what others were doing to make money. I noticed some of the wealthiest people I knew owned real estate. Over the years I became more and more involved with some of those people and as an adult started taking them to lunch to "pick their brain" (Not my favorite term but you get the point).

One of these Gentlemen I have continued to meet with and give him updates on my business. Some of the best advice he gave me was to not be scared or think you are too good to learn something, he gave the example of installing a water heater. 

There are so many people who are further along in life than you who are more than willing to talk and let you ask whatever comes to mind. Some of the information they have will be difficult to learn on your own without going through that experience.

I would suggest going to investor meetings, city council meetings, rotary, church, anywhere you have a large amount of people who are involved in the community.

  • Logan M.