"The Wealth Trainer"

Several months into being employees again when an opportunity comes. My mother contacts my wife and then me about an energetic man on the radio that is having a seminar about real estate investing and calls himself "The Wealth Trainer". Often compared to Will Smith for his comedic style (although to me, he is more like a Tommy Davison) , he had a way of simplifying real estate investing in 5 networking sessions that included luncheons, field trips, and conference calls. Of course, there was a tuition involved, but it was an experience. No matter how much or how little something like this could help, to experience this at least once is not regrettable being that in business, experience is a true teacher regardless of outcome. Even though procedures he suggested be followed to attain success in start up, investing, land lording are still questionable as of now, the real lesson learned here was the overhaul a mindset has to go through in order for you to condition yourself for success. The importance of building a team to work along side. The challenge of doing something different, dismissing fear, and making your dreams a priority. At this point, I not only look for the lesson, but I also look for hidden gems. It wouldn't be until "graduation day" that I would find my hidden gem and what I think is my true eye opener.

A graduate present that claimed that the greatest book in the world is Rich Dad, Poor Dad..........

The Learning Process Begins

The most valuable lesson we had to learn is exactly how well detailed your plan has to be. The information that we were given led us to believe that we would be doing real estate deals using cash reserves from credit cards that we would have attained under our corporation. The fact that the credits for the corp was never up to par to receive those cards was a harsh blessing because at this point, we knew nothing about the process of purchasing property. We were also unfimiliar with the business and public perception of real estate investors. Our first look into perception would come from two counselors from SCORE. I had previously taken a course with score on planning for a new business, as a requirement to be seen by a SCORE counselor in a one-on-one session. Believing that real estate investing was just like any other business (i.e. brick and motar), it started with a business plan that would be used for securing start up funds. After taking the class in Springfield, and after the move ack to the Chicago area, our first move was to talk to the conselors at the SCORE office downtown. That talk was more of a soclding, non the less, as our ideas were shoved right out the window 9 floors up. In hidsight of those ideas, and that meeting, this would be the introduction to using proven methods to become successful in real estate. Also, to have a more drawn out plan for business. Our punishments were to take jobs at a local nursing home and keep them util we attained the knowledge we needed to survive and succeed in business.

Prolouge: Chapter 3

The next thing that we felt that we had to do was move back to Chicago. Everything from better resources to family were the reasons that we felt we had to go, where eally we wanted to get out of Springfield. The state's capital was really a decent place to squat when you needed a gameplan for life, or if you were really ready to give the big city life up. To the city folk in these desolate places, bigger things happen in big cities and since our dreams are pretty big, we made the big move. In hind sight, which is currently close to being 20/20, we could have stayed just a while longer to fortify the gameplan. No takesys backsys, though. Only forward movements in this game.......