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Want to invest? First invest in yourself

Brad Sumrok headshotBy Brad Sumrok

Are you new to the idea of personal real estate investment? Your first decision will be to identify the best investment you can make in the real estate sector. Is it investing in single-family homes? Commercial properties? Or perhaps fourplexes or multifamily apartments?

I believe it’s something far more basic than deciding on the right asset class or property.

To begin with you must invest in yourself. When you’re talking about investing thousands, or hundreds of thousands, of dollars in real estate, you owe it to yourself to first invest a little time and money in educating yourself, or finding a mentor who will provide you with hands-on advice or on-the-job-training.

That simple piece of advice can save you a lot of money. It certainly can save you a lot of time and spare you a lot of headaches, as you won’t be repeating the missteps or mistakes that your teacher has already experienced.

 LEARNING FROM EXPERTS

I have been helping real estate investors since 2005, first as a mentor at a real estate investing education company and now through Brad Sumrok Multifamily Investing Events & Seminars.

I started with zero investing experience but I had a great mentor who guided me through my first deal.  This was a 32-unit apartment complex that was quickly followed by a second project. Having a mentor saved me a lot of time and prevented a lot of mistakes. I learned how to buy the right property, put the right management company in place, etc.

I now fill that educator/mentor role for investors. I began in Texas and now reach across the country to students through webinars, live events and personal mentoring.

RECALIBRATING AN “AMERICAN DREAM”

I started buying apartments in 2003, and in 2005 I was able to walk away from my job. I was able to replace a six-figure income with profits from my investments. Since then, I have been teaching and mentoring others to do what I did.

My book and seminars are called “(from) Rat Race To Retirement.”

I teach you to go from the rat race to retirement in three to eight years by investing in apartments. It’s not a get-rich-quick scheme; it takes long-term commitment, patience and process, but I can teach you strategies to replace your earned income with income from your investments.

AUTHENTIC TO THE CORE

Everything I do is me. This is a key thing you should look for as you consider your educational options in this age of self-styled Internet marketing experts choosing to license their brand, name (and credibility) to edu-tainment and telemarketing companies to raise more money with less work.

To me, a real mentor is someone who’s been in your shoes, has learned and done what you want to learn and do and is willing and available to transfer that knowledge and experience to you – personally. A mentor who has had himself, his ideas and his courage tested time over time and has returned with the results to back it up. I walk the walk, not just talk the talk.

Visit my website at Retire Me Brad.

 


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