Does this approach make sence?

General Real Estate Investing
1

Hi all, first post and new to this world of what looks like what I’ve been looking for for 12 years.

I’m diving in head first. Here’s my plan, can I please have your expert opinion on my strategy.

I am ready to sign up for Joe Crumps push button method, then if necessary apply what I paid to the pricey 6 month mentor program.
Then, I believe from what I’be been seeing here, I can use this to continue my education, success, and help others.

Is it a waste of time, money or should I learn the hard way. I just quit a 6 figure job and have been working on how to get my foot in the door for months. I’m ready now, I respect almost all that I read here and would like the pro’s opinion. Maybe it just dosn’t hurt, maybe it’s a total waste, that’s what i’de like to know.

Thanks in advance,
Joe Foster

2

I’m not a fan of paying a lot for a REI education. Find people in your area doing what you want to do. Ask them questions. Ask questions on here. Grab a few books related to the area of REI that interests you. You can throw your business ideas into a post here and get some constructive criticism.

3

For the life of me I con not figure out why anyone would pay a lot of money for a no money down course. It just does not make sense. If you feel you need a mentor then you are not ready to invest in real estate.

There are three ways to make a lot money in this world.

  1. Know something that very few others know and exploit that knowledge
  2. Have a lot of something that no one else has for sale
  3. Work harder than everyone else.

I choose all three with real estate.
I know my market better than anyone else. I use that knowledge to find real bargains so that I have a lot of houses for sale and rent. I work hard at knowing my market and working my exit strategy.

Yes dive in and know your market so you know what a bargain price is. and when you see it buy it. I would start small so that you can survive your mistakes. With or without a mentor program you will make mistakes, things will happen that cannot be foreseen.
Remember that the higher the knowledge the lower the risks are but not eliminated.
Redhawk