Very sweet elderly lady in PENSACOLA...  

There is a REI group that meets here in GR the second Monday of every month at Buffalo Wild Wings on 44th st.  

I was born and raised in Pasadena California so I like to call myself "the little old lady from Pasadena".Currently I would like to become an investor!

I did however talk with a lady tonight at the YMCA who's having trouble.

., welcome to the crazy, wild, but fun and rewarding world of real estate investing! 

I will still continue hitting them no doubt about that and definitely looking forward to those calls in the future.Brandon I try to do that with every single contact I make, like this lady that has a house in Texas was interested in selling, there was a tiny bit of potential but really not a deal that interested me.

Let’s say #1 is to acquire 120 rental doors in 20 years, with a further stipulation that each door cash-flows at least $200/month.Ok.Work backwards.Divide the outcome by the amount of time that you have.If I want 120 units in 20 years, we have 120/20 = 6 units per year.There are 12 months in a year.We divide the 12 months by 6 units and come up with a sub-goal to acquire a unit every 2 months.Easy peasy, so far.Then, we write down a list of all of the things we can think of to get our FIRST unit.This is up to the individual and their situation, but now you have a starting point.I want you to think about something else too.You may acquire only 1 unit the first year.Objectively, and technically, that means you’re “failing” at your goal.But remember, there’s a momentum involved.You may acquire 3 more in the second year.Again, failing.But then, all of the sudden, your mindset shifts a little.As happens with a lot of things in life, all of the sudden, you go hog wild and start acquiring property like a madman or woman.You get 1 unit a month in year 3.Then, you’re at 13 units.5 behind where you "need" to be.But, you realize and understand the game now.You know in year 4 you’re going after bigger fish.You acquire a 21 unit apartment complex and 3 quad-plexes in year 4.Now, all of the sudden, you’re WAY ahead of the game.Let’s take the flip side.Your goal is to acquire 6 units a year and you’re only able to acquire 1 per year for 20 years.What happens?

This game is hard as hell, ladies and gents.

Because of the number of people who plunked down $25,000 each, and the software and LLC upsales, I'd say that these scammers made off with a minimum of $750,000.Before leaving, I found myself in the ladies room with their only female coach (whom I didn't have any interaction with prior).

Also, if the cost of cash and bonds becomes that high it could be wildly bullish for RE.