Good Monday morning…

It’s good to be back, I mean don’t get me wrong, I love the weekend, it’s a time for me to recoup and spend some much needed quality time with my wife and son. It’s a time for me to reflect on the week prior and prepare for the week to come. I hope you all had a restful weekend as well and are ready to get back after it! Today I hope to finally purchase my BizPlan and get busy filling it out. And I also got caught up on my assignments, so I look forward to discussing those with Mitch. I’m excited about what this week holds in store. I feel like we’re really moving towards something bigger and I can’t wait. I understand the importance of a strong foundation and that understanding some basic principles now is essential to my future success, but a part of me says let’s do it!
I’m glad I have the guidance of my mentors to keep me from rushing into anything unprepared or ill-informed; they are doing an excellent job of keeping me well grounded. This is a business after all and not some get rich quick scheme. This takes time, effort, education and a lot of hard work. Anyone who tells you otherwise is selling something. I think it’s important to understand those notions I listed above, it will keep you in the trenches and pushing ever forward. It’s easy to get disheartened or even disenchanted when things move slowly, but the old adage “good things come to those who wait” wasn’t coined for nothing. This week should prove to be an informative one full of insider information and glimpses into the inner workings of a successful real estate investor. Mitch said he will invite me out to several of his houses so that I might see the investment process in its many different stages. I think the big three he’ll be showing me are 1) buying a property (and the preparation preceding) 2) rehabbing said property and 3) selling a property once all is completed. That I think is something that will prove to be immeasurable in value, because it’s the stuff you don’t get to see. It’s almost akin to a magician inviting you back stage to see how he performs a certain set of tricks. I know that the experience level that both Mitch and Joe possess far exceeds my understanding. Much in the way a magician wouldn’t dare show you the workings of a complex trick until you could understand the basics, Mitch and Joe will not disclose to me any deal that’s too complex for similar reasons. When I’m ready, more secrets of the craft will be revealed and not a moment sooner. It’s kind of like teaching a child calculus when he does not yet know how to add or subtract, you must have the building blocks in place before anything else makes sense. So that’s what we’re doing, laying the foundation and increasing my knowledge of the basics and when I’m ready, they’re going to turn me loose on the world! Stay with us and as always if you have questions, suggestions or criticisms, drop me a line in the discussion forum. Best of luck to you all…back to www.WealthAddress.Com.