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Updated almost 9 years ago on . Most recent reply

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6
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2
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Benjamin Miller
  • Simi Valley, CA
2
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6
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New to this

Benjamin Miller
  • Simi Valley, CA
Posted

I have been in different professions that I have chosen (home loans, insurance, customer service, sales, and plumbing sales) all in some way related to my end goal of educating me leading to being financially free through rental properties but I have never made the jump to action partially because my funds are low and credit got killed by an insurance company that I was working at which bankrupt and closed the company without paying me 85k. I have been rebuilding recently my credit is increasing pretty fast as I financed the purchase Although it's against my religion because the previous car was paid off. I had the roughest year of my life this year was diagnosed with cancer was treated with chemo, wife got totalled car accident in my paid off car, had a baby during the process, I had a major neck surgery, and a major surgery in my abdomen but now it's time to get back. Motivation is to be stay-at-home dad. Please help.

Most Popular Reply

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37
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20
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Grant Berthold
  • Rental Property Investor
  • Ames, IA
20
Votes |
37
Posts
Grant Berthold
  • Rental Property Investor
  • Ames, IA
Replied

Well the first thing I can see that you need to do, is become inspired. You've had some rough years here, and it can be easy to let life's disappointments hold you back. Don't ever let your bankruptcy, sicknesses, accident, etc... define who you are. You are destined for greatness because you are God's son, and He has great plans for you. You have to focus on your mind and heart before you focus on the action. 

Some of the things I use to get inspired is listening to Zig Ziglar and other motivational speakers (plenty on youtube), reading books (Rich Dad Poor Dad, 4 Hour Work Week, 7 Habits of Highly Effective People, The Bible, etc...), and just reading about real estate success stories on BiggerPockets. 

Once you've become inspired, then I would jump into real estate investing, devouring as much knowledge as you can from BiggerPockets and other sources, and learning the market you want to invest in. But real estate investing isn't easy, so don't just go out and buy a property and hope things will work out. PLAN to succeed by working on your mind and will first. Those are your greatest assets, not your properties/bank account. 

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