They say that money can buy you everything except love, but can it buy you real estate success? We could spend a ton of money on beautiful marketing materials and business cards, go to all types of seminars each week, and pay for coaching, but in the end, it still does not guarantee success. How do I know? In my first 8 weeks in real estate, I spend over $6,000 on marketing materials, coaching, seminars, and designations.
Money can improve the chances of success in the proper scenarios. Want an advance degree quickly to get promoted? There are many online degrees that can be completed in less than 9 months. Sure it cost lot more than the traditional schools, but as long as you sign on and keep paying the tuition, you are guaranteed to pass. If a person have lots of money to purchase a McDonald's franchise, the company will teach them step by step instructions and literally guarantee success or McDonald would buy back the franchise.
After spending a lot of money to get me going in real estate I found that success takes time and lots of effort. Sure I would still be interested to find any way that I could use money to accelerate my real estate success, but would be cautious since there are thousands of companies that are offering success in a bottle.