Is There EVER a "Sure Thing" in Real Estate Investing?

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When I think back to when I got started as a real estate investor and try to put myself in those shoes again I remember the things I was looking for at the time were very much about minimizing risk.

At the time, I desperately wanted a mentor to support me (or tell me exactly which deals to do).  I'm sure many, many newbies would love to have a Robert Kiyosaki as a friend so he could just tell them which deals are good and which ones to stay away from.  And I'm also sure I've heard Robert tell stories of problems he's had with friends that he's tried to help in this way.  But back to the issue at hand.

Why is it that so many of us want a mentor-in-a-pocket above all else when we are starting out?

I believe it's because we are looking for a "sure thing".  We want:

• guarantees
• zero risk
• the confidence to pull the trigger
• to KNOW that a deal is golden; and
• to know where such deals can be found.

And the reason we want these things is simply because we lack the confidence in our own ability.

So, what can we do about it?  What things can we do that will move us as close as possible to a "sure thing"?

If we look back to the post entitled How To Get Started in Real Estate Investing you will see that step 4 of that plan was some risk reduction techniques.

When you are ready to do your first deal, the risk reduction technique that will get you closest to a "sure thing" is thorough deal analysis.  If you do this right and use conservative numbers then any surprises should be in your favor which makes a deal as close to certain as possible.  However, before we get into that (in a later post) I want to introduce you to a technique that I classify as 100% risk free for new investors.

Bird-dogging is a fantastic way for new investors to get their feet wet with ZERO RISK.  It may not guarantee you success but it is a guarantee that you will not crash and burn.

So what is it?  Bird-dogging is a term that refers to scouting for profitable real estate deals which you then on-sell to professional investors.  It is a win-win arrangement since the investor can locate good deals fairly easily and the bird-dog can learn the ropes and start to develop some skills without risk.

For anyone who is not yet confident to step out and do a deal on their own, I highly recommend you consider bird-dogging as your first step.  As you start to work with experienced investors you will pick up invaluable skills including deal analysis that will just build your confidence.

It really is a great way to earn some money as you begin to learn the ropes of real estate investing.  And I'll say it again - RISK FREE.

But the best part is that you can fairly quickly develop your skills to the point at which you are confident to do your first deal.

So, for anyone who is still looking for that "sure thing" I have no hesitation in recommending bird-dogging as your starting point.  If you are ready to take some positive action today, here is a link to the best course I have found on this topic: The Ultimate Bird Dogging System.

If you have any questions just add a comment below.

To your success,

Scott Roemermann.

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