I found myself sitting among 450 real estate investors in a cold, large conference room in Edmonton, Alberta. What was I doing here? Why were so many others doing the same thing as me…..waiting…..wondering….anticipating? What was the “big” deal about listening to Ron LeGrand – the Grand Poppa of short term, “risk-free” real estate investing?
Well, to take you back a few weeks prior to the event, I found myself getting “told” that I would be attending this event with my Father-In-Law. You see, my wife, Julie (who usually maintains this blog and our website http://www.revnyou.com ) registered me while I was out on a commercial halibut fishing trip with my Dad. I was not advised, nor was I even asked if I wanted to go. Julie, as you are probably already aware, is a take-charge kind of gal. When she gets focused on an idea, strategy, objective, she goes for it!
And when the possibility of attending Ron LeGrand’s first Canadian seminar in 6 years came up, she jumped at it.
Of course, she didn’t jump into going to snowy, chilly, Edmonton, herself…..noooooo, she sent her Father and myself. Why didn’t she just go, I asked when she told me I get to ride a plane to Edmonton in mid-October? “Because you need to get creative again!” she replied. “You need to think outside the box like you did when we first started investing in real estate over 8 years ago”.
And, this coupled with the fact that we almost exclusivelybuy using the Buy And Hold strategy and conventional financing, pushed her to get me going on different strategies. So, I agreed to go (not that I had a choice! 🙂 ) and Rick (Julie’s Father) came along with me.
My “out-laws” (he he he) also are Buy N Hold peeps, they just buy commercial property whereas we buy residential. But all of us wanted to learn how to buy real estate with little to no money of our own, not have to use our credit, not have to personally guarantee a loan or mortgage, and furthermore, how to make $5k, $10k, $50k, and up in a relatively short period of time!
Sounds to good to be true, don’t it? Well, after 4 days of learning everything from finding “junkers” (low cost housing in need of some repair) to “pretty houses”, to finding motivated sellers to motivated buyers – we are very confident we can apply his Quick Turn strategies to help increase our cashflow and become even more well rounded real estate investors.
I will write more in a future blog about his strategies but for now, I thought it worth mentioning that we hope you, our readers, will hold us accountable.
Why do I ask this of you? Well, it’s like anything in life, when you set a Goal for yourself, it’s always better to let people know that you have set this Goal and that you intend to reach it. With a good support network, they will keep you on track – asking you how it’s going, have you reached your goal, what have been the obstacles along the way? This is very important because we often need a push or a hand to keep us going, keep the momentum rolling.
And with that, I ask that you keep an eye on us by checking in on our little blog here to see how our new Quick Turn business is coming along. Julie and myself will update you with our progress, give you tips and ideas of how the strategies work (or don’t work), and we encourage you to ask us questions and give your own feedback if you are applying the same strategies. We hope to make this a beneficial journey as we commence a new, and exciting real estate venture.
Until next time!