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All Forum Posts by: Dustin Weissman

Dustin Weissman has started 1 posts and replied 3 times.

Post: Becoming A Millionaire Is A Letdown

Dustin WeissmanPosted
  • Real Estate Investor
  • Agoura Hills, CA
  • Posts 7
  • Votes 0

@Charles Worth

 I live in CA and agree that it is very easy to find millionaires, but most of the population of the US seem to have their wealth tied up in expenses. They may be worth a million or more dead, but do not have access to liquid money. I think this is a good article and that you make a good point of setting your bar higher. The anti-climatic point title of this article combined with what you're saying can suggest a simple re-raising of the bar. When listening to Wendy Patton, she would stress the importance of celebrating each win, typically in reference to closing a deal with a handsome payout. I think reaching a net worth of seven figures is something to celebrate for a moment. Then aim for the next million, or 5 million, or eight figure net worth. 

  This article also reminded me a little of a Warren Buffet mentality. Live with the minimum and invest rather than live extravagant. Also the age set goals of hitting a million (however inflation has taken its course and 1 million for Buffet is many more millions today; maybe @Jeff G. can help us with the math).

  On a personal note, I have been investing my whole life, but not financially. I have been investing in my education, and will always continue to do so. I wish that I had more of a financial mindset throughout, but do not regret it. It has made me hungry for wealth and financial freedom. I have yet to have a six figure amount in my bank account and will celebrate the day it happens. Then I will move on and aim for the seven figures. In the meantime, I will also strive for a strong cash flow. 

    Good article for information, motivation, and though provocation.

Post: New from Agoura Hills, CA (Los Angeles)

Dustin WeissmanPosted
  • Real Estate Investor
  • Agoura Hills, CA
  • Posts 7
  • Votes 0

Hi Jason,

  I too am a newbie both to this site and to Real Estate Investing. More importantly, I am also in Agoura Hills. Just wanted to say hi!

Post: New Investor from Agoura Hills, CA

Dustin WeissmanPosted
  • Real Estate Investor
  • Agoura Hills, CA
  • Posts 7
  • Votes 0

Hello Everyone,

  My name is Dustin Weissman. I've been learning about investing over the last two years. I am finally scheduled to take my RE Salesperson Exam next month! I'm very excited to have this credential and potential source of income under my belt. I am a very busy and ambitious young professional. I am 2 years shy of earning my Psychology Doctorate (PsyD). I own and operate a local tutoring business. I am an Adjunct Professor of Psychology and Sociology at DeVry University. I spend the majority of my time with my lovely wife and beautiful 1 and 3 year old daughters. I am also working on a practicum at the Department of Rehabilitation doing psychological assessments. 

   I love playing soccer on my free time. That is the one time where all the other responsibilities of my life are left behind. I am also very hungry to start building wealth and passive income for myself and family. 

   With regards to real estate, I have studied Wendy Patton's course on Lease Options, but did not have the best timing or location for trying to get one to work. So, I have yet to do my first deal. I am greatly intrigued by fix and flip deals, but am too green with too little financial resources for the risk. I am inspired by Ron Legrand's methods on seller financing. Proper documentation has held me back in the past, so now I am seeking to build my resource base. What better place than this? I learned about Bigger Pockets from one of the Real Estate Investor meetings that I have attended in my area. I am also interested in learning more about commercial real estate. 

    I look forward to networking with many of you and hopefully making money with you as well. I am optimistic and excited about this next venture in my life.