All Forum Posts by: Kelvin Tam

@Account Closed It's great to see that you are off to a good start, doing 2 jobs at the same time while having a mentor to guide you on the property investing.

The route to education is basically up to you. If you can get the degree while maintaining your work life balance, I don't see a need to let go of education as it will be a valuable foundation for your future endeavor in anything that you wish to do.

But since you have a clear path of what your goal would be, you can always stay focus on your career and continue your education on the later stage.

Heck, many great entrepreneurs stop their education halfway to proceed with their dreams, and they continue their education after achieving their goals.

Anyway, choose what you feel is right and never look back.

Good luck!

@Ashley Gish there're no early or late investment. When there's a will, there's a way. But my personal advice would be to clear those high interest debt. It helps

@Kevin Harris Consult an attorney, bro

@Nicholas Carlson as Brian mentioned, go find out what's your risk tolerance. And then spend less than $100 to invest on education (eg. books, seminars) then off you go.

I always like @Brandon Turner F.E.E.L. concept (Focus, Educate, Execute, Learn)

@Zayne Ruth I think you should 1st check your own risk profile, as how much risk that you can take financially? BP has calculator for you to justify the purchase of your investment. Make good use of the tools available and try not to re-invent the wheels. 

@Lydia R. I agree with your point. My 1st mentor is a business owner and he teaches me a lot of financial education. In return, I told him that I would be his company's energy consultant for free. And here I am as a property investor.

@Bryan Jacob Heilman Maybe you can try and ask yourself what are your skills that might be adding value to the potential mentor. You can try checking out his/her background and then approach them with a proposal. Remember everyone has 24 hours a day and you do not want to waste yours or their time. Hope it helps.

Zig Ziglar once said: "Lack of direction, not lack of time, is the problem. We all have 24-hours everyday" 

@Matthew Krickeberg It's normal to have this reaction when you are acquiring a property with tenants. What you can try to do in a simple way is by looking at the current condition of the property. It tells many background stories of the tenants.

@Drew McCrory I always ask them to bank in online and inform me through the phone. This way, I am able to track their payment.

@Gabe Cinco "Rich Dad, Poor Dad". It has impacted me and now I am reading books everyday to develop myself.

@@Julia Rockwell congratz on your 1st investment. It's always a great feeling getting your 1st step into REI. Keep it up.