All Forum Posts by: Vince Mack

Hey BP family, I’m a nob to investing. I’ve read Cash Flow Quadrant 3 months ago and was inspired. Attended a couple courses. Spoke to a couple investors doing what I would like to do. I’ve had the opportunity to buy a few properties. Then ANALYSIS PARALYSIS set in. What’s a good deal? What’s a bad deal? Everyone says “oh this is just one of those things you jump into”... So my question BP is should I start with whole selling to get my capital up? Once I’ve created some income, then should I start looking for foreclosures, passive income and more sophisticated strategies?

This is amazing!

Hey Logan, My name’s Vince. I literally just left a Legacy Education 3 day seminar. Honestly I have mixed feelings. I have no real estate investing experience and was super hyped about attending. The first day me and my wife attended was yesterday. We discussed a couple strategies like wholesaling and foreclosures, also the formulas associated with them. Nothing I haven’t hear or seen at other seminars that were free. As we wrapped up for the day, they had us go home and fill out these forms. Basically stating how much we made, assets, goals and what our credit scores looked like. Didn’t think much of it. Until today when we arrived to class to hand in our “strategy guide”(the form with our credit, goals and assets). The guy who assessed us literally glanced at it for 5 mins and didn’t really discuss any strategy. So half way through the day the speaker (who was very thorough at what he did) aggressively starts trying to sell us on spending between 20k to 60k on software and a mentor to walk you through the real estate process. Honestly I want to learn, I don’t want anyone writing deals for me. And then when they leave I can’t write my own deals. Or I have to give them half or more because I let them do the work. Idk this really turned me off. Another thing that I don’t understand is how they are using Robert Kiyosaki image to draw people in. I asked about and if I heard correctly Rich Dad Education partnered with them. Idk... I did learn a few things but it’s nothing you can’t learn from your own research. $700 lesson. I won’t be attending class tomorrow. Lol