All Forum Posts by: Al Boettger

Congratulations, and thank you for sharing.  Best wishes in this new season for you.

Hello Jake, I went out to Gene's training in Phoenix, and am working towards going in the ALF/ALR direction, (you can purchase and also do the training at your own pace on line.) His is a quality organization, that I recommend you look into.

I am seeking to move my real estate license to an investor-friendly agency in Ocean County NJ, I only use it for obtaining access to the MLS to search for properties, and am not a retail agent. I am seeking some advice from anyone with any input or agency suggestions.

Brian I too feel as you do-that is: feeling uneasy in public while speaking, and also that it is time to go forward fulltime in real estate.  While I even agree with the need to find a partner that is strong where you wish you were, there is still the time span between now and when you find the correct person.  Accordingly let me encourage you that: a) the real estate club meeting you should go to tonight, but are uneasy about speaking at, is the only time this collection of people in this particular mindset (having a property to sell versus maybe not having it next month) will be there, so your not attending will be an opportunity that is lost forever, so let me encourage you to take your shot, b) Think on the times you did have to convey a message, and you did just fine.  I would bet it was because you were certain you KNEW what you were talking about, and you could handle any objection or situation.  Let me therefore encourage you to do your best to always be learning, and handle anything thrown at you with "I will find out and get back to you", instead of "I don't know", and how you are concerned about how that may look.  A lot of people who like to chuckle and belittle are simply doing their best to bring you down, because of their own low opinion of themselves.  c)  Lastly, don't partner with just anyone, this is almost going to be like a marriage for you, and that person has to be trustworthy of being able to work with you.  It is an interview they have to pass, and if they do not, you keep looking-and running your business by yourself.  Don't force it, you will find them, and you will get there.  Lastly just be adamant, that you are going to make it, as a famous athlete once said: I have made a lot of shots, and missed a lot of shots, but I missed 100% of every shot I did not take. 

Jonathan you are responsible for everything look at it that way you need to find out what the taxes are which should be public knowledge you can call an insurance agent to get an idea about rates don't trust the numbers of someone else

There is another Gary Keller book called "the one thing". While not specifically angles towards real estate it does deal with goalsetting, while sifting through your various to do list, giving you perspective throughout the day that will help with your real estate investing career.

Thank you all for replying. As for the 40% number that is a verbal from the host of my real estate club regarding our January 2016 meeting. I would have to ask them for documentation of their receipt of that number. I will consult wise legal counsel regarding each of the issues you raised: misuse of checkbook, as well as the intimation of mingling of funds. Lastly never considered till now incorporating in Nevada but doing business in New Jersey and how that might look thanks.

I am from NJ, and about to set up a RE investment company. Normally would have set up an LLC but heard just last week at my real estate club-as an advertisement hook for our January meeting which will deal on the subject-that 40% of the time the corporate veil is pierced, so it might be better to inc. in Nevada. I am looking for feedback on this, thanks.

Yes I have a real estate license, but I prefer to mainly use it to search the MLS, to then find, buy, fix up, and either sell or hold the homes.

Saw your post on whether or not you choose the wrong career. All I can say is I thought I would make a lot of money quickly and it is just not the case. Between taking folks out to see properties, they then aren't interested or want to go see a lot of them, then you may find out they are not as qualified as they said they were-lesson, you really need to see a pre-qual letter before imparting too much effort, as they think you are paid by the hour, not just when something closes. As for the 20% are scum and lie, you have a choice, if that is not you, then be yourself, act and dress professional, and let folks see you are there to provide a service, not just for the money. As for the "obsolete" comment, yes folks can do a lot of shopping on-line, which makes our life easier, they already know what they want to see when they contact you. You are their means to gain access, and as long as that is the case, there will be a need for agents.  Lastly, as for the 80% burnout, I don't know the numbers, but yes, you can go all-in, put in a lot of effort, have a lot of deals fall thru then say it just doesn't work.  All I can say is that everyone who finally makes it probably went thru the same, they just kept going till they made it.  Best wishes