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Interviewing Joshua Dorkin about BiggerPockets.com PDF Print E-mail
Sunday, 02 November 2008
 

NoMoneyNoCredit.netBiggerPockets.comThis month I'm interviewing BiggerPockets.com - Founder Joshua Dorkin. BiggerPockets.com is one of the premier online social networks for real estate investors. When I began my real estate investing learning journey, I came upon BiggerPockets.com and I immediately bookmarked it as one of my favorites. It's a great resource for any new investor looking to network from the comfort of your own home with other investors nationwide. There are so many FREE resources, education, and tools within this site along with many opportunities to get in on deals. I'm thankful to Joshua for doing this interview. The no-nonsense atmosphere that he has created within BiggerPockets.com is awesome and a breath of fresh air among all the "gurus" out in the real estate investing education arena. Enjoy this month's podcast! Below is a preview of the questions and answers...

Here's to Education, Wealth, and Freedom! - Flower De Raadt

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Q. What are some benefits for new investors to join BiggerPockets.com

A. I gotta say that BiggerPockets.com is just flat out the best community around! Gotta pitch it here. We have the most informed contributors. The most relevant conversation. The forum is just active. Hundreds of posts a day. We are hardcore when it comes to spam and solicitations. We don't allow it. What that does is that it creates an environment where newbies, and experienced investors, and real estate pros know that they are not going to be harassed by people just trying to hawk stuff at them. We have created such a great community where people can come to learn, to find out information, to talk about real estate, the economy, what's going on out there. Where they can make deals, you name it. We really have built this great grassroots community. We have so much information for people and so many different ways for people to come together and do their networking, their marketing, their deal making, and their learning. (expanded answer on the podcast)

Q. Does real life deal making happen within BiggerPockets.com? How can a new investor be part of it while learning?

A. Absolutely! (expanded answer on the podcast)

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REMINDER: This Saturday, Nov. 8th is the Subject-To Investing Strategy Seminar/Bus Tour in Austin, TX.

Visit NoMoneyNoCredit.net to save your seat on the bus!

Sponsored by InvestorPro.com, Dwellgo.com, FarmersAustin.com, FarmersDude.com, LandAmerica- Austin Title.

 

 

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Scared? or Getting Ready? PDF Print E-mail
Saturday, 18 October 2008
 

With all the news about an economic crisis, Black October, Oil going up and down, the stock market falling, mortgage loans slowing down.... AHHH!!! It makes you want to crawl into a little hole and don't come out until it's over! Or does it?

You know, the day that the Stock Market fell at it's lowest point about a week ago, was the day I brainstormed all day and set my goals and visualized where my business was going to be 6 months, 1 year, 5 years, and 10 years from now. It's a little known fact that more millionaires were made during The Great Depression than in any other era in U.S. history. I plan to be on that list this time around. No matter if there is a recession, depression, obsession. I'm looking at my short term options and long term goals and implementing my business plans.

What about you? Do you have a plan? On paper. Not in your head. Because on paper is where you declare that you are going to make it happen. Are you looking at your options and how you are going to prepare yourself for a possible storm? Are you forging ahead not acting scared and freezing your dreams but are you setting yourself up to achieve your dreams during this uncertain time and most importantly surrounding yourself around those that see this time as an opportunity for wealth? Here is my personal checklist that I recommend to new investors and that I am following.

  1. Keep your "Millionaire Mind" Clean. Remove all that negative "Scarcity Mentality" debree that is infiltrating our lives through the news, radio, paper, colleagues. Don't allow any of those thoughts to settle. Continue reading and listening to personal development books: The Millionaire Mind, Think and Grow Rich, The Top 10 Distinctions between Millionaires and the Middle Class, The Secret, etc..
  2. Write it Down and Daydream. Write down your goals on paper. Visualize yourself doing what it is exactly you want to be doing and where. How do you feel? How does success feel? At each step, stop to feel yourself there. Daydream every morning right when you start to wake up. Feel yourself lying in bed in your dream house surrounded by the sights, sounds, and smells of everything that comes with it.
  3. Start to implement. Once it's been written down. Put it into action. What small steps can you make towards that goal? Make it a priority to take a small step in that direction every day, every week.
  4. Make a sacrifice. This is the moment that will seperate you from the rest. Make a short term sacrifice that will yield rewards 100 fold. Is it getting that extra part time job to build your emergency fund while you launch your new venture? Is it opening up time in your busy day to go for a jog or join a gym? Is it buying that product that you know will change your future? Whatever it is for you, remember that it is only short term and this small sacrifice will change your life.
  5. Share it. Make yourself accountable by sharing what you are doing with others. Tell the world who you want to be or what you want to do. The more people you tell, the more responsible you will feel to making it happen ( ie. this blog).
  6. Celebrate! Each milestone that you reach towards your goal. Celebrate it! Whether it be jumping up and down by the scale, taking your family out to (sensible) dinner, or telling a friend, enjoy the feelings of satisfaction that success brings and don't allow yourself to take that achievement for granted.
  7. Repeat. Repeat all of the above and keep moving forward. Prepare wisely for the circumstances around you and keep moving forward. Learn to manage those unseen circumstances before they manage you.

 

Here's to Education, Wealth, & Freedom! - Flower De Raadt

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