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Updated over 4 years ago on . Most recent reply

User Stats

27
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13
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Byron Bailey
  • Rental Property Investor
  • Wilmington, NC
13
Votes |
27
Posts

I had a "Think and Grow Rich" experience today

Byron Bailey
  • Rental Property Investor
  • Wilmington, NC
Posted

For those of you who have read 'Think and Grow Rich' by Napoleon Hill, you know that success is a state of mind. What you fill your mind with is what you get! As I have been getting closer to real estate investing becoming a reality, it has been all I think about. I need to build a team, and that has been at the forefront of my mind. Today I went out to look at some properties; some on the MLS, and some from a wholesaler list. As I was out kicking the foundation of property #3, a guy driving by in a van sticks his head out the window and says, "Ya, you might be able to make some money on that one". He ends up parking and we talk for a couple minutes. Turns out he's a contractor who works with investors on flips and has been in the game for 20+ years. He is kind enough to let me follow him across town to a house he's rehabbing for an investor so I can check out his work. He had done it all on this project including a room addition, a front porch addition, and turning the 2 car garage in the back into a 1 car garage with an attached porch. His work looked great. He said he would come check out deals with me and go through them with a fine tooth comb to get me accurate estimates on rehab costs.

And just like that, I found a potentially great partner to help me learn as I grow in this business.  It's a small step, but a very satisfying one, and all it took was getting out there in the mix.

Cheers!  

Most Popular Reply

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15,747
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10,946
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Will Barnard
  • Developer
  • Santa Clarita, CA
10,946
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15,747
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Will Barnard
  • Developer
  • Santa Clarita, CA
ModeratorReplied

That's lucky! Good for you. I have always said that people who are lucky didn't get lucky by accident, they created their luck. By you going out into the field and taking action, you put yourself in a position to get lucky. Keep it up and keep pushing forward, you are getting even closer to your first deal. When you get a potential option that you offer on, post it here, mention me and I will provide you a second opinion on your numbers.

Good luck.

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