Last week, I was on a coaching call with one of our students… and the light bulb went off in my head. It was that “ah ha” moment. I finally really understood one of the 3 main reasons people are not successful in real estate: Not Taking Action. Truth is, it’s a huge cause for failure in lots of ‘biz opp’ strategies.
It’s what I’ve since defined as the “outsourcing virus”.
This student wanted to know what he could do to get money coming in NOW.
Here’s what got me thinking… and why so many people are struggling in their businesses.
The student I was talking to had invested tens of thousands of dollars in real estate courses, seminars, and systems. Yet, he was still struggling. (Do you know anyone like that?) Keep Reading
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Posted in Mindset, Outsourcing, Success
Is there any wonder that there are so many tired landlords out there? Dealing with tenants can be frustrating, time consuming, and costly…
Certainly, the majority of tenants are relatively “good” (but remember… they ARE renting and don’t have the same pride of ownership that owners have). Even so, there are a few really bad apples that can cause substantial damage to your properties and cause you a lot of unnecessary frustration.
The only real landlord protection is being proactive and not giving ANY wiggle room at any time. You will hear sob stories. You will be called names. Your tenants may even threaten to sue you (yes, they usually don’t have a single leg to stand on, but they will still threaten!).
When you’re a landlord, you’re ALWAYS the “defendant”!
However, there are a few CRITICAL THINGS that you can do to protect yourself as a landlord. [Click to Read the Full Article…]
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Posted in Commercial, Landlording, Real Estate Training
I remember a conversation I had a student and very dear friend of mine. He was someone that I met as a result of real estate and is a constant reminder as to why I continue to build my businesses. (To this day, 99% of my closest friends are people that I’ve met at seminars and events).
But before I take a moment to tell you what the title of this audio newsletter means, I want to take a minute and reflect on some of the people that have been important people in my life as I got up and running and while I continue to run the course with frequent dips and turns!
In a special report I wrote several years ago entitled “7 Critical Success Tips for the New Real Estate Investor,” I talk about some of the key principles from Think & Grow Rich by Napoleon Hill.
Right now, I want to talk very specifically about one of the most important principles of success [Click to Read the Full Article…]
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Posted in General, Mindset, Success
With the recent economic crash felt ‘round the world, it’s never been more important to diversify. You need to diversify your income streams… your investments… your businesses… It’s just how business is going to operate in the new decade.
You’ve got to have a number of ways to bring in money or you’re going to be left holding the bag one of these days.
Several years ago, the phrase “Multiple Streams of Income” gained significant popularity through seminars, events, and tele-trainings. The company essentially taught that there were 4 ways to make money:
- Real Estate Investing;
- Infopreneuring;
- Internet Marketing; and [Click to Read the Full Article…]
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tagged as Multiple Streams of Income Posted in General, Mindset
It’s been a year of mixed reviews for many people! Certainly, there were highlights, but many folks are happy to see 2009 ushered out and welcome 2010!
With the New Year – and new decade – there are going to be lots of changes to come in real estate investing, online marketing, information marketing, and business in general.
I know that lots of people are posting their thoughts, predictions, and opinions for the coming year! Here are just a few of my predictions for real estate industry – specifically for investors.
- Property Values Will Stabilize.
We’re not going to see a huge change in property values this year. Many of the markets have bottomed out, or are close thereto. However, there is a lot of inventory that has yet to hit the market before we can start to see an increase in value. This will make it easier to evaluate properties and determine the after repair values as there’s less decline to calculate. However, there are still [Click to Read the Full Article…]
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Posted in General, Real Estate Trends
Yes!
It’s not often that an answer in real estate is a definitive YES! But in this case… it’s cut and dry… it’s simple.
When I got started marketing properties online, there was no such “tool”. It was cumbersome, time consuming and mildly effective at best. But, with blogs, it’s become so simple to get up and running FAST.
Here are a few pointers to get you going with your own RE blog fast:
- Buy a domain name (www.YourDomainName.com)
You can do this at GoDaddy.com and or 1and1.com.
- Set up a hosting account that has “cpanel with fantastico”
Any hosting company should know what you’re talking a [Click to Read the Full Article…]
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Posted in Internet marketing, Marketing
Thanksgiving has always been one of my favorite holidays!
I remember back to when I was a child and we’d spend the day at my grandparents house. When we’d walk in the front door, the aroma of turkey and stuffing and pumpkin pie filled the air. I was always SO excited to get there.
Then, I would help my grandma in the kitchen. Usually she’d give me a task like preparing the salad (or something equally as “kid-friendly”). I’d help set the table with the fine china and I’d always sit in the same spot – right in front of the fireplace.
While the adults had their favorite cocktails, I had my orange juice with grenadine cherries inside my mom’s Shirley Temple glass or a German Beer stein! [Click to Read the Full Article…]
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Posted in General
Back when I started investing in real estate, there were limited resources for training available. There were high end bootcamps that you could attend for upwards of $4000. There were $20,000+ mentorship programs out there. And there were a handful of “homestudy courses” if you knew where to find them.
It was before the Internet was a primary marketing and communications vehicle. It was before every investor that had done a single deal was a self-proclaimed “guru”. In some ways, it was quite simple. In many ways, it was more complicated to find the information.
Fast forward to now…
[Click to Read the Full Article…]
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Posted in Real Estate Training
This may sound like a funny title for an article, but think about it for a moment! How many people have you met that are just as broke at $90,000 as they were at $20,000?
You see, we tend to always try to "keep up with the Jones’" and buy the latest and greatest gadget or trinket. So, even though we live in a nicer home and drive a nicer car, at the end of the month, we’re left with little more than a few dollars at the end of the month – if we’re lucky! So what does all this mean?
It simply means that in order for you to achieve true financial freedom, you’ve got to get to the bottom of why you’re not where you want to be. Because without it, you’ll have a hard battle to fight for financial freedom.
Back in 2003, I was in a rather difficult situation. I’d just lost my home and moved in with my boyfriend’s sister and brother-in-law. I’d spent Christmas in Spain with my boyfriend and managed to max out the rest of my credit cards and spent all but $239.00.
I was working odd jobs and had been severely affected by 9-1-1 and some major mistakes on my very first real estate investment. I was nearly paralyzed by fear and stress. I didn’t know what I was going to do next. [Click to Read the Full Article…]
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Posted in General
If tomorrow all the things were gone,
I’d worked for all my life.
And I had to start again,
with just my children and my wife.
I’d thank my lucky stars,
to be livin here today.
‘ Cause the flag still stands for freedom,
and they can’t take that away.
And I’m proud to be an American,
where at least I know I’m free.
And I wont forget the men who died,
who gave that right to me.
And I gladly stand up,
next to you and defend her still today.
‘ Cause there ain’t no doubt I love this land,
God bless the USA.
From the lakes of Minnesota,
to the hills of Tennessee.
Across the plains of Texas,
From sea to shining sea.
From Detroit down to Houston,
and New York to L.A.
Well there’s pride in every American heart,
and its time we stand and say.
That I’m proud to be an American,
where at least I know I’m free.
And I wont forget the men who died,
who gave that right to me.
And I gladly stand up,
next to you and defend her still today.
‘Cause there ain’t no doubt I love this land,
God bless the USA.
And I’m proud to be and American,
where at least I know I’m free.
And I wont forget the men who died,
who gave that right to me.
And I gladly stand up,
next to you and defend her still today.
‘ Cause there ain’t no doubt I love this land,
God bless the USA.
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Posted in General, Mindset
