Wish I Had a Do Over
nation. There has never been, or will ever be, another Jack Miller.
I wish I had a do over. While I attended most of Jack’s seminars, there was more than a handful that I missed. If I could get that do over, I’d be front and center at each one of those missed seminars writing notes like crazy!
Kim just asked what I’d pay to attend just one more of Jack’s seminars. One hundred thousand dollars wouldn’t be too much. God, to hear Jack ring his big bell that let folks know that class was back in session... yep, one hundred thousand dollars would be money that was well spent!
When Jack passed, he was nearly eighty years old and at the top of his game. Here are a couple of Jack’s quotes I wrote down at his Money Matters seminar in February 2009.
“When you are the only one in the desert with water, you can command a handsome price for that water.”
“Don’t look for big chunks of money. Instead, look for lots of small deals that pay you constantly”
“As real estate investors, we must constantly be adapting to the current market. Dinosaurs failed to do this and are now extinct.”
“There are two horses in this business – houses and paper. When real estate values drop, move to paper. When paper drops, move to real estate.”
“To make it as a real estate investor, fish with a big net. You won’t make it if you’re fishing with a single line with a hook. In other words, make a lot of offers!”
“It’s one thing to pass a law. It’s another to enforce it.”
“When house values drop, it’s like the Titanic is sinking and you’re in the life boat saying, ‘Seats for sale!’”
“Keep thinking about how to pick up the penny off the pavement.”
“Raindrops turn into a river. You want a lot of people owing you money.”
“As an investor, always do more than you promise.”
“Realtors don’t learn creative deal structuring in real estate school – instead, they’re taught all the things a realtor can’t do by law.”
“Keep your contracts simple and concise: ‘You give me house. I give you whampum’.”
“Learn to say yes before you say no, and you’ll make a lot more money.”
“You’ll have to ride the bus for the rest of your life if you don’t do this deal with me.”
“Get paid for what you know, not what you do.”
Rest easy, Mr. Miller. And thank you for all you gave us!
Bill and Kim’s North Georgia Real Estate Investors Association meets on the 2nd Thursday of each month, from 7 to 9 p.m., at the beautiful Hilton Garden Inn off Main Street in Cartersville, Georgia. For more info, go to CashFlowREI.com.