Comments on: What Does it Take to be a Successful Real Estate Investor? http://www.lifestylesunlimited.com/what_does_it_take_to_be_a_successful_real_estate_investor/ 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 By: Ian http://www.lifestylesunlimited.com/what_does_it_take_to_be_a_successful_real_estate_investor/#comment-923 Ian Thu, 29 Jul 2010 18:39:36 +0000 http://www.lifestylesunlimited.com/?p=9365#comment-923 We are Principals. We are full service Developers (www.bgigroup.ca ) with a Private banking arm. (www.bgicapital.ca ), and a US subsidiary. We are based in Toronto Canada (47 years experience) and have sourced various US distressed product through Non Performing Note or direct asset purchase valued at $5Mil – $500Mil. We are looking to JV with investors/partners on added value deals in prime US markets. We’ll look after delivering the finished product, whether it’s Rehab, stabilization, or construction completion of incomplete projects – Multi family, Condos, Hotels/Resorts, Retail, Office, Recreational. We can also act as Development Managers or Loan Monitors of your problem deals to do turnarounds or Workouts. Contact - BGI Group per: Ian Jones (MRICS) President ian@bgigroup.ca direct - 416 689 7523 www.bgigroup.ca We are Principals. We are full service Developers (www.bgigroup.ca ) with a Private banking arm. (www.bgicapital.ca ), and a US subsidiary.

We are based in Toronto Canada (47 years experience) and have sourced various US distressed product through Non Performing Note or direct asset purchase valued at
$5Mil – $500Mil.

We are looking to JV with investors/partners on added value deals in prime US markets.

We’ll look after delivering the finished product, whether it’s Rehab, stabilization, or construction completion of incomplete projects – Multi family, Condos, Hotels/Resorts, Retail, Office, Recreational.

We can also act as Development Managers or Loan Monitors of your problem deals to do turnarounds or Workouts.

Contact -
BGI Group
per: Ian Jones (MRICS) President ian@bgigroup.ca direct – 416 689 7523
http://www.bgigroup.ca

]]> By: Alfonso http://www.lifestylesunlimited.com/what_does_it_take_to_be_a_successful_real_estate_investor/#comment-922 Alfonso Wed, 16 Jun 2010 14:37:58 +0000 http://www.lifestylesunlimited.com/?p=9365#comment-922 Thanks Steve. Chris, I'm glad you mentioned that you made the mistake of worrying also. I specifically wanted to include in my article the part about how I worried SO MUCH about my first deal. Even my friend who I mention in the article, the guy who landed the $45,000 equity capture, is worried about his deal. It's still being rehabbed and he's terrified that he won't be able to rent out the place. It's natural to worry, but you're right that it isn't necessary. I appreciate your follow up guys. Thanks Steve.

Chris, I’m glad you mentioned that you made the mistake of worrying also. I specifically wanted to include in my article the part about how I worried SO MUCH about my first deal.

Even my friend who I mention in the article, the guy who landed the $45,000 equity capture, is worried about his deal. It’s still being rehabbed and he’s terrified that he won’t be able to rent out the place. It’s natural to worry, but you’re right that it isn’t necessary.

I appreciate your follow up guys.

]]> By: Shirley http://www.lifestylesunlimited.com/what_does_it_take_to_be_a_successful_real_estate_investor/#comment-921 Shirley Wed, 16 Jun 2010 13:30:36 +0000 http://www.lifestylesunlimited.com/?p=9365#comment-921 You nailed it !! The thing that hold most back is taking the chance. It seems like a HUGE thing but when you do and see how it is done you wonder - Why ? Why have I let so many opportunities pass me up from not taking a chance. If you think about it we take chances everyday just by driving and no one seems to let that inhibit them as much as they let the thought of Real Estate investment inhibit them. I am glad that we are members of Lifestyles and we took a chance !! Thanks Alfonso ! You nailed it !! The thing that hold most back is taking the chance. It seems like a HUGE thing but when you do and see how it is done you wonder – Why ? Why have I let so many opportunities pass me up from not taking a chance. If you think about it we take chances everyday just by driving and no one seems to let that inhibit them as much as they let the thought of Real Estate investment inhibit them. I am glad that we are members of Lifestyles and we took a chance !! Thanks Alfonso !

]]> By: amber http://www.lifestylesunlimited.com/what_does_it_take_to_be_a_successful_real_estate_investor/#comment-920 amber Wed, 16 Jun 2010 11:07:44 +0000 http://www.lifestylesunlimited.com/?p=9365#comment-920 "Many experienced investors come in to Lifestyles Unlimited and after attending our 2-day class they realize how differently they could have been managing their properties. They already have experience investing, but they are willing to learn things they never thought about themselves." IT IS SO IMPORTANT TO REITERATE THAT LIFESTYLES IS IN PLACE FOR THE NEWBIE AS WELL AS THE SEASONED INVESTOR! “Many experienced investors come in to Lifestyles Unlimited and after attending our 2-day class they realize how differently they could have been managing their properties. They already have experience investing, but they are willing to learn things they never thought about themselves.” IT IS SO IMPORTANT TO REITERATE THAT LIFESTYLES IS IN PLACE FOR THE NEWBIE AS WELL AS THE SEASONED INVESTOR!

]]> By: Stephen Davis, Host http://www.lifestylesunlimited.com/what_does_it_take_to_be_a_successful_real_estate_investor/#comment-919 Stephen Davis, Host Tue, 15 Jun 2010 16:17:39 +0000 http://www.lifestylesunlimited.com/?p=9365#comment-919 Great article and research Alfonso. Well done. Great article and research Alfonso. Well done.

]]> By: Chris Robinson http://www.lifestylesunlimited.com/what_does_it_take_to_be_a_successful_real_estate_investor/#comment-918 Chris Robinson Tue, 15 Jun 2010 15:24:47 +0000 http://www.lifestylesunlimited.com/?p=9365#comment-918 Well said sir! It amazes me every time I talk with a new investor how worried they are about all of the things that they need not worry about and how little they put towards the most important aspects of this business. Of course, I should not be that stunned by this since I did the exact same thing when I was new to this business. I spent hours... days... weeks... months... years... concentrating and worrying about things that I did not need to instead of just finding a mentor and following a proven plan. As I have mentioned on the radio many times, this business is not rocket science and it can be fun and rewarding if you have a solid system that you can follow and if you can keep yourself from trying to reinvent the wheel and making the same mistakes that someone has already learned from. If someone would have told me 2 years ago (before I joined Lifestyles) that I could be using other people’s time and effort to find my deals, evaluate my deals, process my deals, rehab my deals and sell/lease my deals all while making more money than doing it all myself I would have laughed in their face. Especially when they mentioned to me that I would be using other people’s private funds to do my deals and would not need to use my own money. Don't make this harder than it needs to be folks. Find someone who has done it successfully and simply do what they did. Well said sir! It amazes me every time I talk with a new investor how worried they are about all of the things that they need not worry about and how little they put towards the most important aspects of this business.

Of course, I should not be that stunned by this since I did the exact same thing when I was new to this business. I spent hours… days… weeks… months… years… concentrating and worrying about things that I did not need to instead of just finding a mentor and following a proven plan.

As I have mentioned on the radio many times, this business is not rocket science and it can be fun and rewarding if you have a solid system that you can follow and if you can keep yourself from trying to reinvent the wheel and making the same mistakes that someone has already learned from.

If someone would have told me 2 years ago (before I joined Lifestyles) that I could be using other people’s time and effort to find my deals, evaluate my deals, process my deals, rehab my deals and sell/lease my deals all while making more money than doing it all myself I would have laughed in their face. Especially when they mentioned to me that I would be using other people’s private funds to do my deals and would not need to use my own money.

Don’t make this harder than it needs to be folks. Find someone who has done it successfully and simply do what they did.

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