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Updated over 13 years ago,

User Stats

78
Posts
5
Votes
Peter Haymond
  • Multi-family Investor
  • San Jose, CA
5
Votes |
78
Posts

Frustrated

Peter Haymond
  • Multi-family Investor
  • San Jose, CA
Posted

I'm 22 and going to graduate college this August. I'm quite frustrated because I can't afford to do marketing yet for my future rehab/wholesaling business.

I've been laid off 4 times for full time hires and it's hard to keep a part time job in the bay area.

My parents have a business and own rental property, they want to do REI full time but make excuses; for example they tell me they are busy selling one of their smog shops and partnering with someone else, or selling a property in sacramento & buying a short sale in LA, or busy watching my little sisters softball games. But I've noticed that people who make excuses don't make a lot of money. I've learned a lot from my parents mistakes.

I've studied REI for 2 years now, joined investment clubs, heck I have Clint Coons coming to my investment club in May (if you know who he is look at his articles on BP), and I know how to wholesale properties.

But in order to run 5-6 marketing campaigns it costs much more then I can afford just working a part time job.

My parents want me to graduate so I can take over their business and do REI full time after college. I plan on creating systems, working my tail off until I can transition from technician to manager to entrepreneur in my business and build my own little empire out here in the bay area.

I'm already following the E-myth book by Michael Gerber and I have marketing campaigns ready, positions contracts done, I've researched key team players to work with (contacted a few), and I'm stuck. I have the knowledge and I can't seem to translate it to results. It's quite frustrating although I love challenges.

Thanks for your time and any feedback would be great.

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