Frustrated

[Peter Haymond]

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.

[Stephen Moore]

Peter,try to figure out some low cost marketing strategies,also to get a lil cash,you could bird dog properties off to other investors,you could also make bandit signs out of card board boxes that you would find in dumpsters. Network with other investors and tell them what you are lacking,i knwo this sounds like a poor mans way to doing thins but someone may have sympathy and help you out somehow. You should definitely look around for whatever jobs it is that you can find since you'll need some type of cash coming in regardless if you have deals coming in or not.

You are definitely right about people always makign excuses not makign alot of money,

You seem to be quite an ambtious kind of guy,those guys that you 've made contacts with them call them up man.Hope this helps bro