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Updated over 9 years ago,
Newbie from Fair Haven, NJ
Howdie All -
I recently attended a Flipping Formula 3-day seminar which my father signed us up for. Having not been involved directly with RE investing myself, I was quite overwhelmed and VERY turned off by the high-pressure sales tactics to entice you to sign up for their products (although I must say I was aware from the get go that their seminar would be a sales funnel pitching their "advanced training"). I was disheartened leaving the whole thing not only because of the two grand my father spent, but because there was only a modicum of nuts-and-bolts material being shared and the mentorship being promised was available for a steep price.
That being said, it has been a breath of fresh air finding BP on the web. I am hopeful once again because I can see there are thousands and thousands of people investing in real estate and they have done it without the benefit of "gurus".
I am interested in wholesaling for now because I have little disposable income to invest. While my father (early 80's) might be a good sounding board because he has swung a hammer and has been a property owner with tenants in the past, he is not familiar with the world of wholesaling.
I am looking to turn my life around - I am in my early 50's. I am married (21 years) and have two kids in college [looking to erase my kids' college loan debt is an early goal with my investing]. I have done many things in the past: film production, stock broker, headhunter, waiter, restaurant manager but have never been successful financially. Currently I am waiting tables again to make money. I see real estate as a means to quit my job and rearrange my and my wife's lives - sooner rather than later.
I look forward to the next step in this odyssey called Life.