Re: where are all the sheets course graduates? - Posted by Tim Conde
Posted by Tim Conde on October 16, 2000 at 18:47:16:
Peryaps I was luckier than most in that I had a business that I could put on autopilot (a strong supervisor) and turn my attentions to real estate. When I got started, and for the next few years, I had NO LIFE outside of real estate. Every, and I do mean EVERY, free moment I had was spent looking at properties. I did NOTHING outside of real estate for several years. That was the committment I was willing to make. Many people are seduced by the Sheets ad where people are spending a few hours a week and making hundreds of thousands of $$$. Such people exist, I’m sure, but I was not one of them. Most of the people in the ads that spend a few hours a week live a very short distance from their holdings. Again, that ain’t me. I doubt if there is a house under $500K within 5 miles of me, and that’s the radius that Sheets wants you to operate within.
It really is possible, but don’t be misled by people saying they are doing it practically in their sleep. I did one deal like that, and brother, it was an eye opener. Just stay at it and don’t be afraid to follow your gut. I’ve developed a pretty good gut feel for my purchases and it’s paid off very well.