including Colorado. By the time Sadat be-
gan to live in Los Angeles, he was already
experiencing phenomenal success in real
estate finance, including traditional mort-
gage and hard money lending. He was also
buying, rehabbing and flipping properties
as a sole investor and also with partners.
“Fear.” He adds: “That is really the funda-
mental reason why people don’t act, it’s be-
cause of fear. The fear of the unkown and
fear of failure are really two of the most
incredible fears that we have.”
While Sadat is thankful for the success
he has found in real estate, it hasn’t al-
creative transaction, later he found out the
seller was attempting to sell the same prop-
erties again!
“It was a learning experience for me and
for others of what not to do, not having
gone though a traditional escrow caused
me a lot of aggravation and money because
It is then that he says he felt a longing ways been smooth sailing. “I lost millions I ended up having to take legal action.”
to create his own space. “I wanted to have because of the Northridge earthquake in
During emotionally and finan-
a forum for me. I wanted to make sure I 1994,” he confides. (Most Californians do cially devastating times, Sadat turns in-
could inspire people.”
ward for strength and relies
He carved out a space in
on words of wisdom from
Van Nuys and began to
the individuals he admires
host monthly meetings in
most: Carl Yung, Wayne
Join Sam Sadat the 4th Wednesday of every
May 2003. The number
Dyer, Ralph Waldo Em-
of guests soon swelled
erson and Rumi, a Persian
month at the beautiful Beverly Hills Country
into hundreds of people.
poet.
Club. Meetings start at 7:30 p.m. and usually
Sadat prides himself in
Successful attributes in
last about 2 1/2 hours. Reserve your seat online
having a club where edu-
life, like in real estate, need
cation, not promotion, is
to be developed. “I’ve heard
for $10 per person, which includes valet parking.
the focus.
my shares of ‘no’. I’ve had
Please register for the club meeting online at:
His goal is to transform
to work on myself. It’s a life
www.SamsREClub.com
each one of his members
mission.”
from being a potential in-
For Sadat that calling
vestor into an active one.
is not merely a personal,
“My main focus has become teaching not carry earthquake coverage due to its internal goal, as much as it is an evolving
and mentoring my students because often lack of affordability.) Another tough lesson and fully dimensional manifestation. It is
you have to hold their hand and literally he learned was that no matter what type of an avocation that he says he hopes will el-
push them to act upon their knowledge.”
transaction a real estate investor does, they evate all those he reaches.
When asked why so many people sit on need to hire an independent escrow com-
the sidelines when it comes to taking ad- pany to make sure the contract is followed Be sure to visit Sam’s Real Estate Club on-
vantage of the greatest buyer’s market of accordingly. Sadat learned the importance line for a schedule of speakers:
all-time, he replies with one simple word: of this when he purchased three homes in a www.SamsREClub.com
The Scoop on Sam’s Real Estate Club
“Most people think that motivation comes
from the outside, but that is an illusion.
The fact is, motivation comes from within.”
Realty411Guide.com
PAGE 10 • 2011
reWEALTHmag.com