Starting Out And A Quck Rant

[Chris Nwoke]

Not sure where to really begin with this. I got introduced to the world of REI back in April of this year. I was going through some things at the time, but discovering REI seemed like a new beginning and a chance to direct things in a new path.

My main interest is wholesaling. I figured it would be the best way to generate capital to eventually get into buy and hold and possibly rehabbing. Admittedly, I was drawn in by some of the big names in wholesaling who made the lifestyle seem great. But I did my best to keep a level head and stay focused.

I tried to get started on my own by contacting FSBO I saw online, but I started to think that maybe I needed a bit more help learning the game. Coincidentally, I met a guy at my current job who was a wholesaler. So I contacted him and asked if I could be a bird dog for him and use the rest of the year to learn from him step by step ad eventually go out on my own. He instead says that it would be better for me to jump right in as a wholesaler and try and make the big bucks. That he could even teach me how to get it done and make 10K in 30 days.

It all sounded great, but here was the problem. I'm currently a college student and work a part time job. My family only really has one source of income now, so what little I have I do what I can to help them. I also have a close friend who's gone through some things this year (eviction, car accident, etc) that I've helped take care of as well. So yeah, 10K in 30 days would've been great.

Unfortunately, I didn't realize that my mentor was more concerned with getting into the guru game at this point. That in and of itself isn't the issue. The issue was that at the time when I contacted him to get help, he had only just completed his 2nd deal ever. He's now done three, yet he's already jumping into the guru field (has an advertising website and a few students already). I honestly wish him the best of luck with that, but I can't say that the experience was so great for me. He was either late with or didn't send out materials he promised to send, was hard to get a hold of at times (had a lot of stuff outside of real estate he was involved with as well). I actually went out and took pictures and video for a house he had under contract while he was out of town. Said he was going to compensate me for it, but he never did. I'm guessing it's cause he didn't find a buyer for it. After my car accident (guy hit my parked car in the parking lot, I wasn't in it), I didn't have a car to use for about a week so he promised to send me 100 leads for yellow letters. Never got one. It's been a month since I've heard from him.

I don't post the sob story to say "woe is me". The exact opposite. I say all of this to show that I have the motivation and the desire to succeed at any cost. I don't need another person to sell me the "dream". That clearly got me nowhere. I'm willing to learn anyway I can. I'm still using what little I have to get bandit signs to put out. I'll be a birddog and scout properties if need be. It might be smaller in comparison, but an extra 1-2K a month is better than what I have now. I just want to make this real. I've got way too many people relying on me to continue to fail cause another guru oversold the easiness and undersold what actually needs to be done to be successful.

Thanks.