All Forum Posts by: Shawn Parsh

When you market your real estate business, whether books seminars or properties, do you target a specific market or is it a blanket campaign? Is there one group of people who are more likely to be interested? A certain age group, income level, area of the country? Thank you in advance for you input.

I would like some input on what the right length of an initial real estate training seminar is. Is it 2hrs - 2 days or somewhere in between? Is it better to do a 2 hr free event and then a longer paid event or should there just be one? Also do you make the people register to attend, or do you just advertise and market the seminar and see who shows up? I look forward to your input.

I'm fairly new to the site and was wondering if there are any live BP networking events? I see the tab that list meetings for different investment clubs around the country, but I haven't been able to find any for BP itself. Please let me know if there are. Thanks

Charles,
Hey I agree that Desire does seem to play a role. I would be interested to hear any views on how a persons perception of their life plays a role in Action. It has been my experience that it is easier for me to get someone to Act when they are not happy with their current situation. Those that are pretty comfortable with their life seem to be more difficult to motivate. At least that has been my experience. I think there has to be a Big Reason to Act. For me I was broke when I started, was working two jobs to get by, and had no time to spend with my oldest son who I was raising myself. We all know that there will always be obstacles to being successful, but having a strong enough reason to keep moving forward may be at least one key to Action. I look forward to your comments.

Monica,
I told you I thought you would get something out of the site. I'm still trying to figure things out myself. The important thing is that you get some benefit from the site and the contacts you make here not that I receive credit for it. After saying that I just want to make sure that the people who run this site understand that I understand the benefits of it and I'm trying to do my part to increase participation.

I appreciate the feedback. I am more than willing to help others who have the desire and motivation to help themselves, but my time is valuable so I don't like to waste it. As I type this I'm waiting for my four child to come out....my wife is 4 days over due. As I'm sure those of you with kids understand my time is limited. On the flip side I am so greatfull for those that helped me get to where I am today. I get to spend a lot of time with my family because of my real estate investments. I just want to make sure I return the favor. Thanks again.

Jeffrey,
Thanks for the input. I'm not a realtor I'm just an investor, but I often get asked to mentor or coach people so it gets frustrating when people don't follow through. I guess I have to try and balance the amount of time I spend trying to help new investors until I see if they are going to take the Action required. I do agree with your comment that you can't make people get off their butts. I just wonder if there is a way to show new investors that the work in building a real estate business is well worth it. Thanks again.

Quick question when you do refer someone to BP who creates an account how do you get credit for the referral in your influence points? Thanks

I can't even count the number of people who have approached me claiming they want to be real estate investors, but then never take Action. I'm interested in hearing if you have found anything that helps people move from the talking about investing stage to the actual investing stage. I look forward to your input.

Great topic. Of course everyone has their own view on the current economy and what is in our future, but I don't believe we have seen the bottom of the real estate market yet. It is my opinion that the dollar is going to tank, inflation is going to shoot up, and unemployment will easily hit double digits. If your purpose for holding real estate is appreciation I think you would be better off to sell now. You can then re-enter the market when we hit the bottom. If you hold the real estate for cash flow the decision is more difficult. If the amount you collect in rent drops, and your property and income taxes go up, will you still cash flow? If not, you may want to sell now. If so you may want to hold on to it.
As far as buying ammo and other emergency situation supplies...it may sound crazy to some but I don't think its a bad idea. Few people have the resources put away for a minor emergency. Look what happen with Katrina. It physically only affected a small portion of the country and yet their were still people who couldn't even get water. Not to mention the level of violence that took place. Can you imagine an economic situation that affected the whole country at once? I am currently holding a large amount of real estate, but I am in the process of selling off some of the lower cash flow producing properties and moving that money into gold and silver. I don't think we have come close to hitting the top of the gold market. As the dollar looses value more people will shift to gold and the price will rise. As far as I'm concerned I will prepare for the worst and hope for the best. I enjoyed all your comments.