By Randy Dalton
I spent over 30 years always wishing that I had bought real estate “back before”…Always before the last boom. In my 40’s, I saw many booms come and go, but I never realized that history is a good predictor of the future until I met Don R. Campbell and joined the Real Estate Investment Network.
After I joined, I was mentored. My mentor quickly got to know my WHY and my strategy. We spoke often but as a minimum we spoke:
- Every time I viewed a property,
- Before every offer submitted,
- Before waiving conditions,
- And after every close.
My mentor asked tough questions and made sure I stayed true to myself, my investment objectives, and my strategies for investing.
Since then, I must say we are now fully invested in real estate. Two generations worth, we are invested in single family, multi-family, and even private mortgages. Even our RRSP’s are invested in a mix of mortgages, earning a far better return then any mutual fund. And now we are investigating other alternatives, including flips and vacation rentals. In the beginning I also started a property management company, and I have always believed that running a property management company made me a better investor. And, in turn, being a real estate investor has made me a better property manager.
Now, with eight years of experience and growth, I am giving back by assisting other investors through my REIA mentoring and coaching. I assist my clients through their investment decisions and also for those who wish to self manage. However, I do believe there must be a good fit. I often learn as much from my clients as they learn from me. So, if you are interested in talking further, please look me up on myREINspace; reach out to me, and let’s chat.