Posted by BTI on June 17, 2006 at 12:39:58:
Frank
When I first read your post I was reminded on an incident that happened many years ago, a friend that was always asking about everything, but never doing anything to follow up all the advice you had given him, just happen to be driving by as I was cleaning out my garage. He told me he had just been laid off and the job market was dead for him and he wanted to start investing in real estate like I was doing, what should he do now.
My answer was do all the things I told you to do in the past and you didn’t. He said he was serious, he always said he was serious, what should he do because he didn’t have any money but he had lots of time. At that very same time I spotted a sandwich board sign that the school kids had worn at a fundraising carwash and I pulled it out, flipped it over to the clean sides of the sign and sprayed the sign with a can of paint, “I buy houses, let’s talk” and told him an area to go to, just go house to house asking if they want to sell I said, wear the sign everywhere I said, and snickered as he left, thinking of all the days I wasted in the past with him.
Well I started to feel really guilty so a few days later I called him, he said he had several people that were interested, so could he come over and find out what to do next, within 3 weeks he was able to put 4 deals together with my help. I often thought about that when I would hit a slow patch, maybe it would still work.
BTL