Some people consider commercial mezzanine loans are complex; some people over simplify mezzanine loans by describing them as a second mortgage. It is not so true for either case.

Typically, commercial first mortgages have clauses that second mortgages are not allowed on the property. Even if they don’t have a specific clause about this, they effectively accomplish it with low LTV percentages like 70%. That is the incentive that   created mezzanine loans because they are not secured by the commercial property.

A mezzanine loan is fundamentally different from a mortgage loan because its collateral is equity, not real estate. With a standard mortgage loan, the lender lends money to the owner of a real estate project. The mortgage lender’s primary security for the loan is a lien on the project. If the borrower defaults, the mortgage lender can foreclose on the mortgage. Whoever purchases the project at a mortgage foreclosure sale —most often the mortgage lender itself — becomes the new project owner.

One common way is for the lender to be secured in some way by the equity the owner has in the property. This can be done by directly partnering the property owner and the lender. Essentially the lender becomes a part owner in the corporation or LLC that owns the property. Part of the contract will entitle the lender to a portion of the cash flow from the property. Once the first mortgage is paid, the mezzanine lender takes their payment before the owner is entitled to the remaining cash.

How this can be used?

The one good example is for Value-add, or non-stabilized properties.  Those properties where cash flow is not stabilized. This could be for any number of reasons, but let’s assume it’s because the property requires significant improvements in order to attract new tenants and increase lease rates. A borrower that has identified a potential opportunity to reposition a property would look to a mezzanine lender for the capital, in excess of what the senior lender will commit, needed for them to execute their plan to create value.

Given the dependency on the borrower to successfully complete the repositioning in order for the project to work, the mezzanine lender will closely look at the borrower’s and/or the project manager’s resumes when underwriting the deal. Therefore, it is extremely important for both (if the borrower is not the project manager) to have experience and expertise in value-add investments.  Value add investments are not for everybody.  Stay away from hypes and repositioning fallacy.

This is from my one of the recent blog post@

http://realestateinvestordigest.com/

What’s the importance of blogging?  What about article marketing? If you’re a real estate investor or professional, should you do it? What happens if you're not a good writer? What's the whole point of this? I really don't see what the big deal is. There are some people that feel like just by blogging that they're somehow this nihilistic person that thinks the most of themselves and the entire world should listen in, but that’s not what blogging is about. 

Blogging is about finding people who want to connect with you in the way you're able to add value to them to the world through your business, your personality and your own personal sense of what you can accomplish or solve problems for others. It's also a way of creating credibility.  

Let's say you meet someone at a conference, they're considering doing business with you in one way or another so they want to come back and look you up. What are they going to do in today’s day and age? They're probably going to look you up on the Internet. They're going to want to find out who has worked with you, who you know, whether they're connected to you already, what you've done in the past, what your skill sets are, what you're like and what your personality is. 

We live in a very transparent world where all that information for someone that knows how to and is interested to find it can do so. You have to make sure that as much of what they find reflects what you're able to do for them as you can. 

Are you starting to see the importance of blogging and article marketing in real estate marketing yet? Let me just tell you one quick thing; I'll tell you a good 5-12% of my database for real estate investors has come from blogging and article marketing. That speaks for itself, because we have a pretty big list of people that we work with, both me personally and through the real estate network. 

These people are consistently staying engaged with us because of the valuable content that we give them. There are lots of article marketing websites out there to post your blogging content on for extra exposure, and once you post your articles, they will be on the internet for forever. That's one of the cool parts about marketing on the Internet in that it continues to work for you long after you've extended the effort to put it out there.

Don’t overlook the importance of blogging and article marketing in real estate marketing. You will be amazed at the opportunities that spring into your life. Some of them will be direct and some indirect, but all of them will add to your fun and add to your bottom line as a real estate professional or investor.

“As a Man Thinketh” by James Allen- Review by: Sean T Brown

James Allen was a philosopher most known for his poetry, inspirational books and one of the great pioneers of the self-help movement during the turn of the 20^th century. 

“As a Man Thinketh,” as it is so marveling entitled, was indeed the epoch of his in-depth perception and mundane interpretation of Biblical Proverbs.  This book has been published throughout the world, many times over, and is a perfect reflection of “What the mind of man can conceive and believe, it can achieve.” -Napoleon Hill

 It is rare that a book of so few pages carries any weight of significance, however I assure you it should not be taken lightly.  In this read you will find it is the semblance of simplicity, not the quantity of words that sparks such introspection.  It has brilliantly caused me to be speculative of my behavior and attentive to my every thought.  I have learned that it has highlighted my habits, good and bad, as well as curtailed my doubts, fears and superstitions.  It puts emphasis on a state of awareness at some point in our lives we have all encountered, yet choose to rationalize and ignore.

 More than once in life I have found myself indulged in a self-sabotaging soliloquy, of which only prayer and faith assisted me in surmounting the circumstance.  This book has the potential to equip you with such incite, you would be well armed to overcome most anything, assuming you were willing to first conquer self. 

“Men are anxious to improve their circumstances, but are unwilling to improve themselves; they therefore remain bound.”

That quote reigns true to myself and of Human Nature, a thought I am choosing to expunge.  Long were the days when I thought I could have all that I desired without sacrifice.  Forget about always trying to get something for nothing, believe me when I say it will never work. 

“This being so, man has but to right himself to find that the universe is right.” 

This is an absolute MUST Read for those not looking to short cut success, self awareness and self improvement! 

CHECK IT OUT:  http://hisrealestatenetwork.com/James-Allen-As-A-Man-Thinketh%20Free%20Ebook.pdf


Sean T. Brown
Millionaire in Training,  MMMChallenge.com
Millionaire Mentorship Mastermind Apprentice



 

Ever since i was a kid reading Og Mandino books i wanted to make a living without actually going to a JOB...I "blame" my Dad "he was a self help junky"  for my entrepreneurial spirit awakened at an early age so this fantastic audio by Steve Pavlina just came to mind for those wanting to start an Online biz or a drink coffe and press send biz!!
By
Fabio Sekoff
Viral Marketing Networks

No, my son, do not aspire for wealth an labor not only to be rich.
Strive instead for hapinnes, to be loved and to love, and most important to acquire peace of mind and serenity! A quote from Mentor to disciple in Og Mandino's Greatest Salesman In The World book!

Pavlina-006-How-to-Make-Money-Without-a-Job.mp3

Audio from Steve Pavlina

Personal Development for Smart People

Hope everyone is having a super day!

As you know, there are a lot of really good websites out there - and when I see "best of" websites listed, I'll often pull them up and save the ones that are relevant to me.  I thought I'd share some with you.  In fact, you may already use them, but if not, hopefully, you'll find them useful also. 

1.  www.City-Data.com
If you need to research any city, zip code, or neighborhood, this site will give you more information than you want to know. Here is some of the info available: Stats about residents, geographical data, state profiles, crime data, cost of living, housing, radio and TV stations, zip codes, area codes, etc., etc., etc.

2.  www.DIYorNot.com
This site helps you compare the time and cost of doing a project yourself vs. hiring a local contractor.  It's run by Gene and Katie Hamilton, who have written 20 books on remodeling.   

And another website, www.DoItYourself.com gives step-by-step instructions on how to complete hundreds of home projects.

3.  www.GasBuddy.com
Where's the cheapest gas?  GasBuddy can tell you.  The site collects real-time prices from some 750,000 volunteer price "spotters," who send in daily updates from their local stations.  It can even send mobile updates to your phone.

4.  www.NeighborhoodScout.com 
This website helps narrow down your house hunting by clicking on the site's Find tab.  There's an interactive map that lets you compare neighborhoods by factors such as crime rates, quality schools, good place for retirees, etc.  You can even enter an address in a neighborhood you like and the site will show you similar ones in another town.  You can use many features for free or pay a monthly fee for addition services.

5.  www.PropertyShark.com 
As the description read when I discovered this site:  "PropertyShark.com is a free service that culls an incredible amount of data for houses in the big, coastal population centers, plus Texas.  The PropertyShark database, searchable by address, tracks price history, comparables, tax-roll information, owner names, demographic information, flood and fire maps and more.  A subscription buys even more information, including lists of foreclosure auctions and pre-foreclosure notices - even phone numbers of property owners."

6.  www.picnik.com 
"You don't need any special skills to use the free photo-editing tools at Picnik.  Aimed at the novice, it lets you crop borders, zap red-eye and add a range of special effects - like blurring, tinting and heat-mapping - to any picture you upload. While FotoFlexer, Photobucket and Photoshop Express all have similar features, only Picnik presents them with such elegant simplicity."  Disclaimer:  I haven't used this site; however, if it does everything it says it does, I will be. 

Hope the above sites will be of use to you ...

First I would like to say good luck to all the candidates applying for this life changing event that the wonderful folks of the MMM Challenge are putting together for everyone, I think it's a life changing mission to the students that are picked.

For all others that are looking for your next break to freedom, I just want to say " Never Give Up" your life is too precious to make your dreams go to waste.

Next I would like to say that the majority of people in our Society constantly make excuses or complaints why they are not successful, or wish to be a millionaires, by either winning the lottery or maybe wish somebody comes along and hand them millions or just to make millions is a quick and easy thing to do.

I've learn after being in business for myself for over a quarter of a Century and tons of on the field education is, to be a millionaire you need to be passionate to what you do and love doing it. You need to enjoy your work and your business and nurture it like a "Baby" with passion.
It's not a 123 task, working hard and putting lots of "Love" to what you do will give you a roadmap to success.

Most people want success to millions overnight, so they jump to these "Get Rich Scams" that don't work and they loose interest to become wealthy fast.
Success takes lots of planning, you need to set your "Goals" Short & Long Term and become a doer not a procrastinator, don't stop untill you reach your Goals and if you don't get there tweek then through the process to improve your achievements towards your Goals.

Success to millions or anything you do is a stedy long process, it's not easy,takes a lot of work and strong will to be able to get there.
If you really want riches, pick one thing to do that your passionate of, set Goals, have a plan and set your mind and nurture it like a "Baby", if you do that long enough your baby one day will grow up to bring you millions.

To add to your Venture of Success you need to be constantly learning, if you have been blessed in an opportunity for someone to take you by the hand and is willing to be a truthful coach and take you to a vison of millions take that to the bank. The only thing I recommend is that make sure you're learning from coaches that have been there and have done it. I would recommend to do a lot of listening not much talking and I would ask lots of questions to teach you more, because you're learning in your pat of Success until the day you die.

Finally I would like to thank the great folks of the MMM Challenge, they are doing a great service to Society to open up and teach people to better their lives and improve our Economy.

I would also like to say that what ever the outcome of this Challenge is, I'm confident that I will be a Real Estate Millionaire because what ever I do in my life I carry one most important secret to many that I have a "positive additude" and there nothing that is going to stop me to my way for success.

Thank you
Frank Sciolino

Here's why:

 We all have our very own unique explanation as to why we are here. Why we want to accept this challenge and what it means to us if we were to hit it big! (so to say). Some of us are between jobs at the moment, and figure maybe this time I can find something I truly enjoy doing everyday! Some are looking to help a family member who has possibly fallen ill; we may feel we need this in order to help financially. For others, this is something you have always dreamt of pursuing and you know if given the right tools and time, you can climb that ladder of knowledge and become successful. Or even for some, your mother told you it was time to spread your bat-wings and get your own place so she can stop washing your dirty lacrosse socks! (and it finally set in). Either way we are all here for a reason. Will that be the same reason that drives you to the finish line and propels you into a completely different wave current, and make you feel like a fish out of water?! 

 I am ready to feel uncomfortable! What!! Yikes!?!
Being thrown out of your comfort zone sometimes is the only way to find out just what you are really made of. “You never know just how strong your really are, until being STRONG is your only option”- A. Harvey. Will you sink or swim, put the pedal to the metal or blow a head gasket? Sooo not fun and quite costly! These experiences, people we meet, and those who become a serious mentor in our lives are what mold and shape us into the people we will be now and later, good or bad. It is what you do with these experiences, and encounters, and what you learn from it that boggles are minds.  What will she do next? Like spectators at a Yankees game.

 I am going to be honest here; I don't know the first thing about investing. Well I take that back, I know absolutely nothing about investing to be able to roll with the big dogs! I do however have a fuzzy ideal of investing & the real estate market from what we non-investing citizens know. I am hoping this challenge will free up some of the fuzzy space and replace it with clear and concise direction/guidance that I can take with me and utilize during my small business endeavors. I am ready and willing to learn the trade, in and out. Ready to dig my Giuseppe heels in the ground and get to work! Willing to learn from my mistakes in order to better address a situation from a different angle or perspective. I have the heart, drive, determination and the will for change, to give my competition a run for their buck. The desire to be productive and profitable in today’s market and be able to provide for that family member, clean out that closet, sustain my future, finally find something that I will enjoy doing and climb my own ladder of success!

 I will be one of the few, lucky few to have a chance to participate in the MMM Challenge. Who gets a chance to learn first hand this rewarding, conceivably abundant field from those who are leading the way, and for FREE, no cost to you! No doubt about it I will be on this gravy train of knowledge. I will commit my time to learning the trade and will continue to grow and gain experience from my teachers. Keep in mind I am as fiery as they come, but you cant have a fireworks display without a good pyro technician, and a wide open location so that your show is seen across the night skies, Right? I will show up and be heard where others will quite as the stage curtain rises, the way an apprentice would during his/her apprenticeship. I am excited at the opportunity presented and look forward to running/working along side those who are as dedicated and tenacious as myself.  Thanks for reading and I cant wait to meet with everyone!

Ciao! 

Spent some time reflecting recently on the energizing and amazing 3 ½-days Rainmaker Summit and 1-day Global Ambassador Program presented a couple of weeks ago by Bill Walsh’s Powerteam International.  The days were long but well worth every minute.  The group of entrepreneurial business owners participating was of high caliber.  The presenters and coaches were tops!  This was a personal and business development educational event that also built community and great connections.  When you find yourself in the midst of excellence it is good to share a bit about the experience.  Since you couldn’t make it… I’m highlighting portions of the event for your consideration.

 

Many readers may have experienced similar events, but many may not have attended such a personal and business development coaching session.  This kind of training should be a life-long occurrence; it serves the seasoned as well as the new entrepreneur.  Just being appraised of what was presented may serve as a benchmark of your awareness of the tried and true as well as of current trends.

 

The focus was on unlocking your passion and becoming inspired about your true personal and business ‘vision’.  Clarifying your ‘vision’ and then your ‘why’ begins the process of empowerment which ignites the power to pull you to your biggest goals, living your dreams.  The ‘why’ is always what keeps you motivated when the temptation is to quit.  If you haven’t identified your vision, your core foundation for being, it is essential to do so.  Taking the time to really discern your ‘vision, why, passion’, will make such a difference in all that you do in life.  Those currently participating in the MMM Challenge application process with the Real Deal Community are being asked to look at this very issue.  If you have already built your current business with a clear vision and why, it might be a good time to take stock and see if you are really on track.  Are you congruent with what you say and believe versus what you do?

 

Another key focus of the event was on having solid business plans and systems.  Planning must include the systems that will help to keep you moving forward consistently.  Systems are critical to a thriving business.  For example, the McDonald’s system is instrumental in its international success.  Success or failure often hinges on the quality of systems that have been put into place, or lack thereof.  Systems serve to make your processes repeatable at the same level of quality time after time.  Small business owners, like so many of those in real estate investing, often have to do all aspects of the business themselves.  This solo operation may lead to inefficient systems which can make the business cumbersome and sluggish.  It really takes a team!  Real estate investing is a business and you should be looking at your venture as such.  Realizing early on that you are starting a business that requires planning, development, and the implementation of effective, supportive systems, can help you avoid serious and expensive mistakes down the road.  Many investors that I have run into don’t really view investing as a business and often think that it suffices to just go buy a house and flip it.  And, for some that works, for awhile.  Now there are lots of gurus out there that say they have the ‘magic bullet’ for a winning system.  One pops up about every other week; they take turns.  Once you know you have the need for systems, or need to update yours, be sure to do your due diligence about which system you build, use or buy.  Thinking though your business model is crucial to supporting your success.

 

And, here it was again.  Every time I turn around (not only at Rainmaker), a consistently repeated part of the product development and marketing plan that seems to be getting extra emphasis is value, value and more added value.  Value has always been part of the business proposition but ‘value’ is truly becoming a key way of distinguishing yourself from the pack, from all the clutter out there.  Sometimes the added value is a small thing but can make an impression that keeps bringing the customer back, and referring others.   What are you doing to make yourself memorable?  How do you differentiate your business? Would your customers refer you to their family and friends? Why?

 

It is important to keep your train on the track once you start the journey.  Given that you clarified the vision of where you are going and why, and developed your plan and systems, it is necessary to measure your results so that corrections can be made that further your business success.  Since there are only 86,400 seconds in a day, time organization and accountability really assist you in staying on track.  Is this aspect covered in your business plan and systems?  Staying focused and on target will make a significant difference as you build, maintain or grow your business.  Master mind groups, accountability partners, as well systems benchmarks/metrics, can all help you stay on track.  If you aren’t using a great time management system, then it is time to decide which vehicle will be one that you can work with effectively.  Then use it religiously!

 

Do you have a brand?  Once you know who you are as a business, and what you are offering, be it wholesale products, commercial JVs, short sales, notes buying, tax liens, or any range of those products/services, it is so very important to build your brand.  You guessed it, differentiate yourself from others, or join your competition and work together as affiliates who help one another grow their related businesses.  Having a brand isn’t enough.  You must advertise that brand.  Online and offline presence is essential.  Your  social media brand will need to be promoted.  Syndication is one way to connect your activity throughout the social media world and drive traffic to your website or Word Press blog.  If you are using Word Press as your interactive website, you probably won’t need an informational and/or store website. And now, Face Book is moving to the use of the ‘i-frame’ that will allow you to move your website on to your Fan Page.  Be sure you have a clear brand and a unique selling proposition.  If you aren’t sure how to do that, there are many who excel in that service who would be more than ready to serve you.  Then again, you can take the time to research and study branding and then review-copy-alter the best of the best concepts that you find online and in other publications. 

 

Offline marketing has years of proven strategies and tactics, though some of those are shifting with the move toward online marketing. Sheila Stewart, an executive business coach with a proven track record and years of experience in marketing and advertising, provided a plethora of ideas about marketing strategy, advertising and sales.  It was clear that the integration of offline, online, and mobile ways of finding, and then meeting and exceeding customer needs, should be the integrated thrust for today’s business marketing.  Have you identified your strategies in this arena?  There are many pieces to fit together but the sooner you start to understand the pieces, how they fit together, and how they serve you, the better off you will be.  Finding virtual assistants (VA) to help put some of these tactics into place can be fairly inexpensive.  However, it sure helps to have a basic understanding of what is happening with online and mobile marketing in order to hire and manage your VA’s effectively.  And, be sure to have a seamless approach that integrates the best marketing strategies and methods to serve your targeted market segment(s).

 

 Austin William Walsh, a 19 year old entrepreneur with his own business since age 16, covered the role of Face Book in social media and how one must truly understand the sales funnel, how to drive traffic, and how to utilize social media as a part of that funnel.  Social media is continually evolving as we see with Face Book out-pacing Google.  Overall, there was a substantial focus on building and using Face Book Fan Pages for business, and how to build and monetize your brand.  Probably an understatement, but doing business online will be essential in the near future, if it’s not already, especially in real estate endeavors.  If social media is an area that you aren’t utilizing or just starting to look at, it is definitely worth your time to familiarize yourself with the dynamics of this marketing medium and make it a part of your business plan. 

 

There is definitely a major trend toward the use of short videos in all online presence.  Get your flip-cam and start to explore how to use and edit.  Videos are already beating out ‘text’ advertising.  A new emerging company, MOJO, headed by Ira Rosen out of Scottsdale, is positioned to capture the mobile market through the use of video that can readily be dropped directly into the text message being sent out to the mobile world of i-Pads, Droids, Blackberry’s, etc.  MOJO knows that video email utilization, currently not on the market, will only grow and provide business owners the capacity to have direct access to existing and potential customers.  This mode of direct customer contact will result in a higher percentage of text messages opened due to the embedded videos.  Video has a much higher capture rate than text.  The industry is definitely moving toward mobile strategies.  Soon we’ll all be making our own 30 second spots and connecting directly with the world!

 

One other note of interest about MOJO was my conversation with the principal, Ira Goldman.  He is an older entrepreneur who told me he didn’t even know how to use the computer three years ago.  Ira connected with a young man in his twenties, Cory Sanchez, who had a technical background and a great idea.  This connection led Ira and Cory to building a primarily ‘twenty-something’ staff to support a million dollar idea.  Ira and Cory were definitely on fire about the video product they are bringing to the market.  The real point to share here is that there is a great need and value to pair skills and wisdom regardless of age.  If you think you can’t jump into the online world, then you are right.  You can’t.  If you take action, pursue ongoing education, connect with the right partners, VA’s, etc., then YOU CAN!  I am a firm believer that you can learn new things if you are open to it.  It is a right, privilege and choice to learn new things; it is a choice to stay open to possibility.  Who of you are holding the next greatest idea, invention or service?  Are you open to the realm of possibility of pursuing joint ventures that are collaborative and mutually supportive?  Can you be an old dog that can learn new tricks?  Can you be a young buck open to the wisdom and experience of those older than you?  Merge the best of both worlds and see what you can come up with that will serve the planet in new ways.

 

Speaking of blending ages in business, as a result of this Summit I now have a new master mind partner who is in middle school.  He attended the entire event, sat taking notes on his laptop and already has a business building personalized backgrounds for Face Book Fan Pages, LinkedIN, Twitter and YouTube.  Got to love the spirit!  He will definitely provide great insight into anything that I am working on, and it will be easy to support his entrepreneurial ventures.  As a former teacher, a Dean of a middle school, and a professor, I must say I was impressed.  And, as for college student and entrepreneur Austin Walsh, whom I mentioned earlier, he already makes a six-figure income and speaks internationally.  He noted that when he is goes to a party, which he loves, he is busy looking around the room to see how he might, from a positive perspective, monetize the situation.  Austin is acutely tuned into cause marketing as well and really comes from his heart in his dealings with people.  How many of you are thinking that way?  How many of you are taking action?   I absolutely love to see resourceful young people who are not totally programmed for the ‘moo-baa’ herd mentality of life.  Are you involving your children, nephews and nieces, in your business in real ways?  Do they have a sense of all that goes into your business?  Have they participated in some way?  Do they get to see you win?  Fail?  Do you encourage their entrepreneurial spirit?

 

As a side-note away from the Summit, while on the topic of role modeling for and encouraging entrepreneurial spirit in youth, I’ll share how one of my accountability partners involves his ten year old daughter. This investor does a hearty business with gut rehabs and buy and holds.  His daughter goes along when he goes to work on houses and gets to see what happens to ‘ugly houses’ that eventually transform into ‘desirable’ housing.  She has helped to sweep and knock away cobwebs, helping her dad in small ways.  She also comes along to our accountability meetings and does her homework, but still is exposed to the process of our group holding each other accountable.  She even saved her own money to buy her first laptop computer.  She’s not being rushed into overly mature ways of being, but is learning about business, work ethic, the value of money and her dad’s role as a businessman.  I daresay she will be prepared to take on life as a successful entrepreneur at an early age if that is her choice.  It is my hope that you are modeling entrepreneurial behavior for any young person in your life. 

 

Ross Goldberg, an SEO expert and author, also presented his perspective on creating web-based traffic.  He supported the use of content based links as a viable way to increase your website ranking despite other alleged guru’s suggesting other methods were now more effective.  Ross noted a number of tactics useful to drive traffic to your website, including:  social media marketing, Digg and other similar sites, RSS feeds, blogs/directories, videos, press releases, article and e-book marketing, squeeze pages, affiliate marketing, and web directories links. Don’t know what all of those tactics entail? Check the web and start to understand the pieces and which will work for you.  No matter what the marketing presenter’s background throughout the event, the point of commonality was their emphasis on how to achieve effective online marketing.  Do you think that you might want to pay attention to this aspect of your business?  Yes, or yes?!

 

The topic of Google AdWords was presented by Perry Marshall, Internet entrepreneur and the most quoted authority in the world on the subject of Google AdWords and pay-per-click advertising.  Perry shared information on how to increase your click through rate and reduce the cost of your advertising budget on Google.  He also offered split testing techniques.  Entrepreneur Scott Rewick, the One Hundred Million Dollar Man, continued the internet discussion sharing his many year’s of wisdom on low-cost media buying strategies that attract new customers.  All the presenters were great and filled their presentations with lots of useful content.  It is good to learn from those who have been very successfully involved in the industry for years. 

 

And, not to leave out real estate, Marco Koslowski, shared his Luxury Home Sales program.  He deals with properties $700,000 and higher.  Interestingly enough most of these homes that are currently being auctioned off are going to international buyers.  America is on sale!  Marco is such a positive and animated presenter who is the embodiment of a rags to riches story, now owning eleven different business and ready to launch a new clothing line.  Marco persisted with hard work, failing before winning, and developing systems and fine tuning them, all recurrent themes for those who eventually make it to the top.  There isn’t an overnight get rich quick elixir.  You have to get involved, get your hands dirty and your mind fired up, and just do it!          

 

No way have I touched on all the topics covered and the incredible team of presenters at the Rainmaker Summit.  Topics such as asset protection, building business credit, and more, was also covered.  The long weekend’s value for me was ‘priceless’.  The networking and connections alone were worth the time.  In order to keep your self fresh, on top of trends, aware of new methods of doing business, refreshing that which you already know, and further challenging yourself to grow, invest in yourself.  Attending such an event has the potential to open your creative juices, unwrap your potential, create new partnerships, and help you get un-stuck if that is your situation. 

 

I invite you to identify a seminar or workshop, such as the Rainmaker Summit, that you feel is worthy of your time and funding and go for it.  It’s time to enrich your self to richness!  Since you weren’t there, I hope that you have gleaned a snap shot of what I consider quality continuing education, an invitation to the ongoing process of achieving personal growth and greatness.  See your ‘vision’.  Support it with your ‘why’.  Build your plan and systems.  Be accountable.  And, passionately take action KNOWING you can do it! YOU CAN!  Now go do it!

 

 

I would like to share one of my blog post at www.realestteinvestodigest.com here in the group.

Ever have something not work out?  Even though you did EVERYTHING that you should have done (and even more so) the darn thing does not work out?

In EVERYTHING, once in a while, you are going to have your best laid plans NOT work out.  It goes that way in real estate too.  Most of the projects that you will get involved in will work very well, but there may be one here and one there that gives you problems, despite your best laid plans.  I have had such projects in the last 10 years give me heartburn and that no matter how well our "plans" were they were still causing me problems.

 

What did I do?

Dealt with them, licked my wounds (if there were any) and moved on.  Did my best to deal with any problems and moved on.  In some cases this meant dealing with tough management issues, in others it
may have meant selling the property at a price and terms that were not ideal.

What NOT to do...

Ignore a problem.  If you find yourself at some point in time in a problem property don’t ignore and
pretend it will get better.  Be proactive with it and deal with it NOW.  The longer you wait and the longer
you pretend the more problem will fester.

Bottom Line..

Expect good things to happen but do NOT be surprised if you have a problem come up every so often.  Your ability to work with the good ones AND any bad ones will give you the most money in your pocket over the long haul...Also, JUST DO NOT GIVE UP!