The Value of Mentoring

There's never been a better time to invest in real estate, and fortunes will be made by investors with the market fluctuations we've been experiencing. House prices are, in the hardest hit areas, overshooting on the low side according to experts’ comparisons with salaries and cost of living. These figures had been fairly consistent up to the boom in the early part of this century. Using the techniques of short sales and options you can build a valuable portfolio at a discount price.

You know these things, and you can see where the deals may be found, but it is hard to get going. Some people call it "analysis paralysis". Other people talk about "pulling the trigger". It is easy to be a sponge, gathering more and more information, only to procrastinate when it comes to taking action. There will always be something wrong with every property you look at, if you are concerned to excuse yourself rather than unleash the potential. You make your primary task the analysis of deals, rather than the making of deals, which keeps you busy and poor.

What if you could link up with someone who has done it all before, and will share his confidence that the deal is satisfactory? The perfect deal has never been made, but there are many acceptable deals available, any one of which would advance you on your path to becoming financially independent. There are critical factors which you need to beware of, and an experienced real estate investor, who has been there before and knows what to watch out for can point them out to you.

Certainly, you can learn all the wrinkles of the business the hard way, by making mistakes which will sometimes be expensive, or by failing to take good deals which will certainly cost you in terms of lost profits. This is the way that a great many real estate investors started, and it is the experience of the hard knocks that has made them what they are today. The alternative is to find yourself a mentor who has been there before, and who is prepared to coach you step-by-step. This will help you fast track your investing career to success.
David Oswald (aka 'The Diamond') is a National Real Estate Short Sale and Foreclosure Expert who speaks throughout the United States on Creative Real Estate Investing Strategies. For more information, go to www.DavidOswaldOnline.com