I’ve seen it time and time again. I give one investor all of the tools he or she needs to succeed, but failure ensues. Another investor receives the same tools and proceeds to secure tremendous wealth and financial freedom in a very short time. The difference? Their mindset. Having a positive mindset is critical for your success as a real estate investor. It’s the attitude that you WILL prevail in any given situation. It is Read More
Some investors have trouble asking for help when they need it. I wonder how bad they’ll need help before they can get over that. Do they have to be on fire, or losing their own home, or about to miss out on the real estate deal of a lifetime because they don’t have a lender? Shyness certainly has its place, but it will make your investment business perform more like a hobby than a business. I Read More
If you follow the news, it’s likely that you’ve become concerned about the state of today’s housing market. And it’s no wonder. Just open up the real estate section of any paper, and you’ll see nothing but negative headlines. To prove my point, here are some recent headlines: “Foreclosure Crisis Continues”, “Home Prices Tumble”, “Housing Woes Won’t End Soon.” I could go on. I’m not saying that these headlines and articles provide false information. For Read More
As you prepare to invest in real estate, I encourage you to follow these 8 real estate success tips. They have helped me greatly as I have navigated my way through the world of real estate, and life in general. It’s my wish these tips will have as positive impact on your life as they’ve had on mine. Real Estate Success Tips You Can’t Live Without Create a Game Plan – Decide what you want Read More
What gets you out of the bed each day? Do you have goals and plans, both short and long term, or is the fact that you will be out on the streets if you don’t make next months rent or mortgage payment what motivates you? I say this to prove a point. Some people are pleasure motivated and some people are pain motivated. I think it’s important to find out which you are. If you Read More
I wanted to share a few ideas about asset protection to help you on your way to success in your investing career. You don’t have to be rich to start thinking about and implementing asset protection strategies. It is better to start and get in the habit while the amounts are small. This is similar to tithing. Tithing is much easier if you start while the amounts are small. Example: It is much easier to Read More
There is a lot of information and even courses, seminars and boot camps out there on private money and I’m sure it’s because private money is one of the few sources where you can generate funds for your deals without having any previous credit, cash, income, job, debt ratio or anything like that. Private funds are very similar to hard money or rehab loans. The only difference is, instead of going through an institution or Read More
Newspaper Classified Ads In the bookmarks of my Ultimate Buying & Selling Machine home study course, there is a section called “newspapers” where you can go to the sources I have provided for you and find any local newspaper in the United States that has a web presence. That way you don’t have to buy the newspapers. With these bookmarks you can find any local newspaper and you’ll be able to save them right to Read More
There are many ways to fund your real estate deals. In this article, I’ll discuss just a few but I have included all of the ways in my Ultimate Buying & Selling Machine Home study course. Let’s take a look at a few of the ways. Business Partnerships: One of the creative ways to fund your real estate deals until you can actually qualify for financing is through partnerships. Just remember, if you’re partnering with Read More
There are many ways to close a deal. You probably won’t use all of these but it’s good to know the ways so you don’t miss a deal when it comes along. Assignment of Contract: The first and easiest way is an assignment. You won’t be able to do an assignment on every deal. Some sellers, especially banks or lenders and most realtors, won’t allow you to put an assignment clause in the contract. An Read More