Getting into REI with the odds in your favor?!

[Scotland Ray Smith]

Aloha BP community,

If you couldn't tell by my lengthy nonexistent list of deals listed on my profile I am a newbie trying to make my way into REI. All jokes aside, I am an avid podcast listener and I've been reading the forums quite often and I'm beginning to notice something. This realization becomes more apparent when I'm listening to the podcasts specifically. Like many of my fellow newbie investors I scoured the internet trying to find whatever information I could on REI and I just so happened to see a link to a BP podcast on YouTube. After watching that episode, I was hooked and subscribed so I could be notified of any new videos being uploaded. On my spare time I would sift through the uploads and time after time I watched and heard new information..

As I sat and listened to all of these savvy investors I realized that many of them had the odds in their favor. Now this may not have been the case for all of them but I felt like each of them had something going for them or something that I never had; an edge. For example they may have been an expert in marketing or negotiating, a top performer, an accountant, a broker, a professor, very analytical (which always came natural), expert flippers, I could go on and on.. To be honest this kinda messed with my psyche a bit (admittedly). Coming into this industry completely green, thinking "how the heck am I suppose to do that?" or thinking "pshh.. 400 deals in 5 years.. relax Scot lets not get ahead of yourself here". Am I wrong for having these thoughts? Is there anyone who can relate?

Now I'm not saying that I'm not capable of accomplishing some of these things, I'm just saying that going into REI with any kind of skill-set pertinent is definitely a plus! I should add that being able to kind of get into the minds of these investors had been extremely eye opening and very inspiring. I find myself setting bigger goals and creating better habits every day, trying to educate myself without overwhelming myself at the same time. Doubling back I can't omit the fact that every single one of the investors featured worked their buts off to get to where they are now and I need to do the same for the sake of my "why"! Hopefully along the journey I can develop my own so called edge, until then ALOHA!

-Scotland Ray Smith

[Matthew Baltzell]

@Scotland Ray Smith Everyone has something special to offer. You may not be great at sales, but you're great at analyzing deals. You could be a very personable guy but not know how to manage a team. Everyone is great at something. You just have to find out what that is and work to your strengths. 

Often times as individuals we look at someones success and we just see the end result. We compare ourselves and we seem so far removed from where they are. 

I'm sure that you have something unique to offer the MFH world. You just have to think what that is.

Like you said, most people had to work really hard to get where they are.

I'm a firm believer that you create your own luck.

I bet that if you really applied yourself and worked really hard in RE you would do just great my friend. The key is to just get started. 

Best of luck:)