
DS163 | How He Made $1M in 12 months Wholesaling | Mike Simmons
Senate
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<p>My real estate investing fascination began in 2003. I was 33 years old, working at a very low paying job, and starting to contemplate my future. Specifically, my retirement. Needless to say, I was in a job that I did not like at all, working for someone who I did not respect, and very unhappy.</p> <p>It occurred to me after I did some very simple math, that I was never going to be to retire on my current income. I knew the only way to retire, ever, was to invest. My first thought was stocks, bonds, day-trading (day-trading was a hot topic back in the early 2000's). I bought a few books on the subject and started to read them. I also hopped on the Internet to research and try to learn everything about stocks, bonds, the stock market in general, day-trading, etc.</p> <p>After only a few short months of researching what was, in my opinion, the most boring subject I had ever researched in my life, I stumbled onto something called real estate investing. Now, if you Google investing, eventually, when you scroll down the page is you'll come across real estate investing. It wasn't what I was looking for, but I think I was looking for an excuse not to read anything more about the stock market. Anyway, once I stumbled into the world of real estate investing, I was hooked. I loved reading the success stories and hearing about people who had made tons of money investing in real estate. I'll admit, at first, I was a success story junkie. Meaning I wasn't reading how-to, I was reading about people who had already done it and basking in their glory. It's quite addicting.</p> <p>This was back in 2003. I went to a couple of local seminars and was really excited about the prospects of becoming a real estate investor. This is the part where you are expecting me to say that I went out got started and became a success. Not quite the case. Actually, I got into the "analysis paralysis" danger zone. This is where someone gets so wrapped up in listening and learning and absorbing that it becomes all they do. They never stop to use the
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DS163 | How He Made $1M in 12 months Wholesaling | Mike Simmons
Senate