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Great feedback Domenic! :-)
Anyone can buy and hold, but even buy and hold is a little scary the first few times you do it. How do you push past the fear? Quantify it.
If you truly want to build wealth, you need a system. You need a safe place to develop your ideas and evaluate them in a rigorous way.
Your most valuable resource is time. You can learn all this stuff yourself, but it’s not just facts. It’s mindset, patterns and the inspiration you get from others who are also facing their challenges and overcoming them. How long do you want to spend learning all that? How many times do you want to gamble without a great system and a great group of people to soundboard with?
Bootcamp is a chance to learn in five days what it takes most people years to learn, if ever.
Leaders attract people who resonate with them. Steve is generous, courageous and authentic, so you get to spend five days with 70 other people who are also generous, courageous and authentic.
You can learn from your own mistakes. Or you can learn from a master who has developed a system, applied it 50-100 times, and then moved on to develop another system – six times across three countries. You can watch as he unpacks the development of his latest new system. You can get his feedback as you attempt to develop your own system. You can develop a definite plan for financial freedom, and get his and his team’s help to achieve it.
If you buy one good property, it will easily gain you $10K in a year. If you buy a bad property, it could easily lose you 10s or 100s of thousands of dollars. A system will make the difference.
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This reply was modified 8 years, 5 months ago by
nateb. Reason: better grammar
It's not that hard. I did Tommy's course and then bought some in a Florida auction. I think my returns ranged from around 7%-16%. I also bought an OTC one at 18%. OTC is the easiest way to get a good return (at least for Florida ones). I will buy more now I have my US bank account set up. If you follow Steve/Tommy's advice is pretty easy to buy liens that are good value (= property has high value, low existing liens, etc.). I'm not sure why taxlienlady thinks you need to buy enhanced lists – I thought the lists from the county website were fine (all free). I certainly wouldn't pay $5K when Tommy's course was only $1K!
OTOH, property may return more than the liens, and quicker, so we'll see how the next few months goes
Top effort Property_Scout!
I'm just starting to invest in Florida. As I progress I'll develop a similar list and post it when its useful!
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This reply was modified 8 years, 5 months ago by
