All Forum Posts by: Account Closed

@Alex Capozzolo Philly boys!! Thanks for the encouragement Alex! I have cut listening to music out of my life and replaced it with BP podcasts; great way to learn tactics. Partnering seems like it will be beneficial in certain predicaments. I am driving at this wholesale game full force.

2 Votes

@Trey Brooks This is amazing!!! Trey I feel like me and you have much in common; you are where I aspire to be developing at in a few months. I am going to PM you right now!

0 Votes

@Ryan E. Ryan I think you are right! I just made some adjustments to my goal; Have 1 million in equity by age 24.

1 Vote

@Bradley Smotherman Thanks Brad, I will have to write this one down. What type of marketing strategies do you suggest I start off with?

0 Votes

Originally posted by @Jon Q.:

Originally posted by @Account Closed:

Originally posted by @Martin Z.:

Good luck and forget the Lambos, they're non producing assets that will earn you the hatred of the majority. The "high" on landing an amazing deal on a property and capitalizing on it, is much much better.

"I see kids riding around in Lambo's and it makes me HUNGRY($$$)"

I agree Martin, Lambos may not make me any money. However, if I pull up to a business meeting in a Maserati Gran Turismo I believe it will highlight the professional appeal I am trying to give off. Also, I agree that the "high" you speak of is probably an amazing feeling. I have yet to make any deals so I can not say I understand what you mean, but I am definitely in pursuit of it that is for sure.

Yes, Blake...I would suggest that you read the "Millionaire Next Door". The wealthiest people, and I would argue the wisest, often do not flash their cash. I personally know a guy who is worth over 110 million who lives here in Berkeley. He owns buildings all over Berkeley and Oakland. He shows up to look at deals with dirty jeans and a sweatshirt. You could almost mistake him for a homeless person...but he's worth $110 million. Self-confident people do not need to flaunt wealth. They are personally motived, not externally motivated (ex. internal score card to quote Warren Buffet who still drives a Lincoln Towncar, not a "Lambo").

Often those who flaunt wealth...are actually not wealthy at all, but have a life that is financed by debt.

The reality is that most of those people are the working poor. They may drive a Mercades, but have barely any savings and little to no wealth to speak of. Living below your means is the first lesson you should learn as a real estate investor.

Life is full of duality. If you don't yet see that, I'm confident that you will.

Extremely smart outlook you have here. I do not want to flaunt wealth. I want to be respected by others and acquire power so that I can execute deals with ease.

1 Vote

@Michael Merritt Thanks Michael I see what you mean by "Is this where I want to be driving." I know I certainly need to pair up with someone to show me the ropes. I feel like I am ready to dive in and get my hands dirty at the same time though. I am going to look for a solid mentor who can expedite my learning curve as you said.

1 Vote

All Forum Posts by: Account Closed

Account Closed has started 7 posts and replied 79 times.

Post: New Member from East Bay Area!

Post: sources for income approach for appraisal on 8 unit bldg

Post: Wholesale Ambitions of a 20 Yr Old College Student at UCSB (Help)

Post: Wholesale Ambitions of a 20 Yr Old College Student at UCSB (Help)

Post: Wholesale Ambitions of a 20 Yr Old College Student at UCSB (Help)

Post: Wholesale Ambitions of a 20 Yr Old College Student at UCSB (Help)

Post: Wholesale Ambitions of a 20 Yr Old College Student at UCSB (Help)

Post: Wholesale Ambitions of a 20 Yr Old College Student at UCSB (Help)

Post: Wholesale Ambitions of a 20 Yr Old College Student at UCSB (Help)

Post: Wholesale Ambitions of a 20 Yr Old College Student at UCSB (Help)