I talk to way too many novice investors who have spent CRAZY money to learn real estate investing. They spend their hard earned money to go to seminars, buy tapes, and read books just to get MORE excited about, guess what, buying MORE tapes and books.
Don’t get me wrong, education is a beautiful thing. I wish I had more. But… when I see regular people spending thousands of dollars on so called Guru Mentoring, and still have yet to purchase a property, or receive a dime in cash flow it makes me wonder WHAT ARE YOU THINKING! They all know the proper terminology like Cash Flow, Cap Rate, etc, but are still in danger of making bad purchases in bad neighborhoods due to unbridled enthusiasm and unscrupulous property sellers.
What’s the Answer?
I am glad you asked! You are already taking the proper steps — belonging to our investor network. That’s most likely how you came to be reading this article. Share your thoughts, read the blogs and comment on them, hear about mistakes, pick up the phone and ask us a question. You will learn a lot.
Remember also that, unlike those “opportunities” mentioned above,  our classes typically are offered at no, or minimal, cost.  See a list of upcoming classes here.  And be sure to bookmark this link and return often as the list is often updated.   Learning the terminology is always helpful, but should not take precedence over the fundamental question to be answered:

Am I comfortable with my plan?

• Is it long term wealth building with appreciation?
• Is it a revenue stream to replace my current income?
• How much risk can I tolerate?
• Do I need a quicker cash injection with flipping? Higher risk
• How to pay for it? Cash, Credit Line, IRA or Hard Money?

Even before you’ve finalized your plan, you want to find someone you can trust with your future to help you accomplish this. This is where we come in. Behind every REInvest Group agent, is a very qualified group of resources that consists of other Realtors/experienced investors, Property Managers, Attorneys, CPA’s that will spend time consulting with you, giving you multiple references and referrals and help you to accomplish what YOU want to accomplish. More than likely, they will present you with multiple options and alternatives because they want what is best for you.
Above all,

• Take your time.
• Partner with the right people.
• Put your money into your future, not the Guru’s.