http://www.lifestylesunlimited.com/the-real-estate-investing-test/ The Education and Mentor Group for Real Estate Investing Wed, 25 Apr 2012 19:34:45 +0000 hourly 1 http://wordpress.org/?v=3.1 http://www.lifestylesunlimited.com/the-real-estate-investing-test/#comment-5741 SpeedyJeff Thu, 24 Feb 2011 20:03:38 +0000 http://www.lifestylesunlimited.com/?p=12532#comment-5741 Good Job James! Have you had a chance to share this story at a Case Study Night? Good Job James! Have you had a chance to share this story at a Case Study Night?

]]> http://www.lifestylesunlimited.com/the-real-estate-investing-test/#comment-5739 SpeedyJeff Thu, 24 Feb 2011 20:02:47 +0000 http://www.lifestylesunlimited.com/?p=12532#comment-5739 Thank you for contributing Pneuma! You are right that you should be connecting with other real estate investors around you. Try www.nationalreia.com for some groups in your area. Thank you for contributing Pneuma! You are right that you should be connecting with other real estate investors around you. Try http://www.nationalreia.com for some groups in your area.

]]> http://www.lifestylesunlimited.com/the-real-estate-investing-test/#comment-5578 pneuma65 Tue, 22 Feb 2011 10:48:50 +0000 http://www.lifestylesunlimited.com/?p=12532#comment-5578 I am aware that this article speaks to some of the questions I had recently, that is - whether or not real estate investing is right for me? I have educational training in real estate and a certificate from college for r/e salesperson plus legal r/e law. However, this plan started late 70s and my r/e investment educ. began around 2007. With all the research, meet groups, mentor session and joining investor group that should help me, I have not closed a deal or made offers that would lead to a closing. I have done the leg work w/o a car to search for motivated sellers, vacant properties, spoken to realtors and many hours on the internet, traveling to DC/MD w/lodging expenses to learn the ropes, but I have not yet succeeded in finding another investor w/experience to partner with me. I am still challenging myself to go forward on a shoe-string budget and I did the step by step to obtain the tools to work with. I need to get my marketing letters and post cards out now, and I plan to obtain potential sellers info to mail them letters/cards to assist them to sell their properties. I am also seeking cash buyers so that I can find out what their needs are and match seller and buyer to close the deal. I was more than passionate years ago to make this my retirement career, but with lots of interruption in my life that is dragging me down, it makes me wonder if I followed my "gut" feeling after paying 25K for the r/e course and the added Amex mthly large interest pymts. I am certain once I get a few properties under my belt, it won't feel so bad. Success for me with real estate investment is not only about the money. My plans include having a facility where I can teach older adults and young children fitness and nutrition, since I am also certified and have a vision to aassist seniors in their daily living activities. I am aware that this article speaks to some of the questions I had recently, that is – whether or not real estate investing is right for me? I have educational training in real estate and a certificate from college for r/e salesperson plus legal r/e law. However, this plan started late 70s and my r/e investment educ. began around 2007. With all the research, meet groups, mentor session and joining investor group that should help me, I have not closed a deal or made offers that would lead to a closing. I have done the leg work w/o a car to search for motivated sellers, vacant properties, spoken to realtors and many hours on the internet, traveling to DC/MD w/lodging expenses to learn the ropes, but I have not yet succeeded in finding another investor w/experience to partner with me. I am still challenging myself to go forward on a shoe-string budget and I did the step by step to obtain the tools to work with. I need to get my marketing letters and post cards out now, and I plan to obtain potential sellers info to mail them letters/cards to assist them to sell their properties. I am also seeking cash buyers so that I can find out what their needs are and match seller and buyer to close the deal. I was more than passionate years ago to make this my retirement career, but with lots of interruption in my life that is dragging me down, it makes me wonder if I followed my “gut” feeling after paying 25K for the r/e course and the added Amex mthly large interest pymts. I am certain once I get a few properties under my belt, it won’t feel so bad. Success for me with real estate investment is not only about the money. My plans include having a facility where I can teach older adults and young children fitness and nutrition, since I am also certified and have a vision to aassist seniors in their daily living activities.

]]> http://www.lifestylesunlimited.com/the-real-estate-investing-test/#comment-5519 James Eisenlohr Mon, 21 Feb 2011 16:39:56 +0000 http://www.lifestylesunlimited.com/?p=12532#comment-5519 This sounds exactly like how I felt prior to my first rental property purchase! I knew it could work, but I was full of fear... fear of the unknown, fear of losing my money, fear of tenants destroying my place, etc. After a year of fear, I finally made the plunge and got the first property. What a wonderful decision, too! $500 of monthly positive cash flow, about $25K in unrealized equity capture and great tenants that have taken such good care of the house for almost a year so far! This sounds exactly like how I felt prior to my first rental property purchase! I knew it could work, but I was full of fear… fear of the unknown, fear of losing my money, fear of tenants destroying my place, etc. After a year of fear, I finally made the plunge and got the first property. What a wonderful decision, too! $500 of monthly positive cash flow, about $25K in unrealized equity capture and great tenants that have taken such good care of the house for almost a year so far!

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