Dec 4th

Spiritual Tips for Attracting Prosperity

By Ms. Realty411
Antonia Martinez needed money quickly. She had only a few days to come up with back rent or risk eviction. Martinez decided to put her holistic studies to the test. "I had been training back then with a spiritual teacher. We had been working on a technique for focusing and harnessing power to help bring the object of thought into manifestation."
Instead of concentrating on the $1600 she needed, Martinez focused her energy on keeping her New York City apartment. She says she did not worry about how or when she would get the cash. Four days later, odd jobs presented themselves and she was able to accumulate enough funds to pay off the menacing landlord.
Martinez, now a doctoral student in metaphysical science, says she was not surprised by her fortunate outcome. In addition to being a scholar, she is a practicing spiritual counselor and founder of HealingSpirit.com (http://www.healingspirit.com), a website that aides people in their spiritual growth, so she knows firsthand the power individuals have in attracting prosperity.
People from many religions -- from evangelical Christians to New Age followers -- believe money is a spiritual force that can be obtained by all who properly seek it. Therefore, many believe that the road to prosperity must traveled in a spiritual manner.
"Money is a medium for the exchange or transformation of energy." Martinez says and adds, "It’s not the source of spiritual, creative power nor is it the ultimate goal." She explains this by saying that most of the time people don’t really desire money, better yet, they wish to attain a lifestyle that they think only money can buy.
Just as magnets attract steel, so too can thoughts lure riches.
In the classic self-improvement manual Think and Grow Rich, Napoleon Hill wrote: "…the subconscious mind will translate into its physical equivalent a thought impulse or a negative or destructive nature just as readily as it will act upon thought impulses of a positive constructive nature."
Essentially, what dynamic thinkers realize is that every individual has the ability to control the distribution of wealth from within. To explain this in a non-spiritual way one must only study the laws of physics: For every action there is an equal and opposite reaction. This vital law of gravity also applies to mental thoughts.
Just as the Bible states that one reaps what they sow (Galatians 6:7), a person can cultivate riches with positive thoughts and actions. The following are spiritual methods a person can use to increase their income and have a more abundant life. Use one or all of these techniques to attract prosperity.
Prayer
Want to finally pay that credit card debt off or replace that old clunker with a brand new car? There is a simple yet effective way to make financial goals materialize: Just ask! It is not selfish or wrong to ask God for monetary blessings, if the money will be used for a good purpose. "Abundance is the natural state of the universe," Martinez says and adds, "It is not wealth that is ungodly, it is selfishness."
Visualization
Imagination is the key to success. If one can imagine themselves being successful, they are already on their way to the top. Martinez advises people not to worry so much about attracting money, it’s more important to focus on creating what one hopes to experience by having money. Martinez says visualizing is important "because it helps you establish clearly in your mind the reality you are trying to create."
Positive Action ( Act As If )
Don’t wait to be a millionaire to give to a favorite charity, do it now! Positive action or acting as if is a very important process in realizing one’s financial goals. By acting as if one has already received their wishes, one is demonstrating faith. "If you act it out, even the smallest part of it, you embody it," Martinez reveals, "If you embody it, you can manifest it." So next time bills are delivered, don’t wait till the last minute to pay them. Write checks happily and confidently, know that money is in abundance.
Affirmation
Inspirational author Shakti Gawain writes that affirmations are one of the most important elements of creating the reality one desires. Most people aren’t aware of the words and ideas that run through their minds, but Gawain writes that those stream of thoughts are "the basis for which we form our experience of reality." By affirming we "make firm" what we say. It is therefore vital to declare positive words about the existence we wish to create. Concentrate on one affirmation daily and repeat it often.
Examples:
"I am being blessed with prosperity now."
"God provides me with everything I need."
"I am growing more financially prosperous daily."
"The universe is abundant, and I shall have what I need and desire."
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Aug 22nd

The Power of A Real Estate Investor Credibility Kit

By Danny Welsh, CMO of HIS, Greatest Real Estate Giveaway Director
The Power of A Real Estate Investor Credibility Kit

If you’re looking for ways to develop credibility for your real estate business, do not overlook the power of a credibility kit.  This powerful document package will make investors feel comfortable investing their money with you.  It will make sellers and buyers more comfortable dealing with you.  It will make people much more eager to form joint ventures and strategic alliances with you.  It will give people an idea of what to expect when dealing with youyou’re your business—and show the best side of what you can do for them—without you having to do all the talking or convincing personally every time.

This is the power of a credibility kit and in this article I’ll be talking generally about credibility kits for any business but as a real estate guy you can imagine that some of my examples and advice will be slanted towards creating a real estate investor credibility kit..

A good credibility kit will have bios of you and other principal people within your company and also (and many people forget this important part) other companies and professionals you are aligned with who offer value-add services to your clients as a referral or agreement adjunct to what your company does for your clients. For instance, if you sell wholesale properties you can develop a more powerful program by incorporating “done for you” fix-up plans, bids, and referral company contractors in a package to provide to your potential buyers who are looking for properties to fix up and rent or re-sell to a retail family who wants to live there. By providing all of that you are doing some of the rehabber’s work for him/her and he/she WILL appreciate that and consider your wholesale property offerings “a cut above” all the other people slinging deals in your marketplace.

Secondly, your credibility kit should include past projects you’ve been involved with, because if you’re looking to show people that you can do what you say you can do, then you should have already done what you say you can do or similar. In a real estate investor credibility kit this might include testimonials from buyers, sellers, tenants and passive investors or private lenders. It might also include before and after pictures of rehab projects, and details on completed projects and parties involved who’ve given you permission to share their successful experience with you.

Next, a good credibility kit has a human element.  You don’t want to be too corporate. You want people to see you as a person, because more and more we’re moving away from the 1950s/1960s organizations to the 2000/2010 lifestyles of the rich and famous kinds of things. We want to connect with people on a successful level, so if you’re not a mini celebrity, by doing this process you can become one—if only in the eyes of the people who look at your credibility kit and compare apples to apples with others in your industry who present themselves much less professionally. 

Next, a good credibility kit should include your strategic alliances.  You want to let people know who you’ve allied with and why, what they bring to the table for you and for them.  

Next, be classy and professional.  When in doubt, use images because they truly can tell a story. Tell the entire story, but tell some with images, diagrams and things of that nature. 

Next, offer resources for people to learn more about you. Also, offer resources for the person whom you’re trying to build credibility with.  For one of my businesses I’ve put together a credibility kit for perspective investors in commercial real estate projects, so a lot of the resources and references have to do with that.  

If, for example, you’re putting together a package to build trust and credibility with pre-foreclosure sellers, so that if you’re sitting at the kitchen table they aren’t thinking, “I don’t know who this guy is, and I don’t know why we should sign this document.” Instead, after reviewing your real estate investor credibility kit you want them thinking, “Thank you for providing us with all these resources, showing us what our options are, and giving us a chance to make up our minds.  We feel comfortable signing this contract to sell you our house at the terms upon which you’ve given.” 

That is the power of a credibility kit. You shouldn’t have to create it each time you meet with somebody, you should have something already created that you can print and give to someone.  This tool alone will set you apart from majority of investors out there. 

Get to work on your credibility kit today!

Aug 19th

Real Estate Investing Goals

By Nick Cifonie
Any serious investor sets real estate goals on a regular basis… here’s my take on setting these real estate goals.

Effective goals are the key to being successful in the real estate business. Without goals, it’s like you are that hamster on the wheel or a ship without a rudder. Let’s face it. If you are planning a long car trip, you wouldn’t do it without either bringing a GPS with you or plotting your trip on a map. If you don’t know where you are going, how are you going to get there? Once you know where you are going, you have got to have a plan.

I went through elementary school, high school, and some college, but they never really taught me how to set goals. They told me I needed to set them, but was never taught how to.

In my opinion, in order to lead a truly full life you should have lots of money, a wonderful relationship with God, a great family life, and you should be healthy. Though note that nobody is perfect, including me.

As far as business goals are, only you can tell yourself how to set your goals.Here is how I set up my own goals. I set my business goals in two different ways. Income, (how much money I want coming in on a weekly, monthly, and yearly basis), and deals (how many deals I do). I look at my results in two different ways. I look at how many deals, and the average dollar amount per deal.

As far as personal goals, they can be relationship goals, family goals. Maybe you want to spend more time with your kids. Maybe you want to lose some weight. Whatever it might be, there are both personal and business goals to contend with.

To make a goal effective, it really needs to be written down. There was a study done at The Harvard School of business that was started some time ago. They had three groups: a group that had no real goals, a group that had goals, and a group that had goals and wrote them down. The group that had goals, made 2 to 3 times more money per year than the group that had no specific goals. The group that wrote their goals down, they made 10 or 15 times more money than the group that had no goals. So, it’s critically important that you write your goals down.

I’ve even heard of stories about people that wrote down a five-year plan, stuck it in a drawer somewhere, and never looked at it again until later, and were shocked that they had hit every goal on their list. So, write those goals down. Statistically, you are much more likely to hit your goals if you write them down.

Go ahead and search online for a goal setting template, or even make your own document up for yourself. I suggest you print it out and write it out. There is something about actually writing your goals down, that ingrains it in your subconscious.

Note that there is a difference between dreams and goals. That’s really what the difference is with writing them down. If you just have dreams in which some day you want to do this and some day you want to do that, it’s not really a goal, it’s just a dream. That is why the next step is that you need to make your goals very, very specific.

You don’t want to just say, “I want to be rich”. How rich? You don’t just want to say “I want to get a new car in the next year or so”. What kind of car? Go ahead and look at the cars right now. Put it in your mind and subconscious that that car is happening. Instead of having a goal that you will get a car in the next year, make it specific, right down to the year, make, and model. Don’t just say, “I want to make a lot of money or do a lot of deals in the next 12 months”. Make your goal specific, as in how many deals you want to do a month or how much you want to bring in a month.

Goals have to be measurable. You have to be able to measure exactly where you are in conjunction with your goals. As you are tracking your goals, you need to be able to see exactly where you are.
Goals also have to be believable. It’s one thing to say, “I want to do 10 deals a month”. If you’ve only done 2 deals in the last 12 months, saying you are going to do 10 deals a month might not be doable. You might fall behind and then not be able to believe that you will ever meet those goals.

Also, remember that you can’t make your goals so easy that there is no challenge either. They have to be enough of a challenge that you have to work hard to get them, plus something that you believe. But, if they are too hard, you are going to lose faith that you can hit them and it will take the wind out of your sails. So, make sure they are believable and that you are going to stretch to reach them.

They also need to have a deadline; however you set it up, per month or per quarter. Per year, I think is too long. State a specific time line with a deadline written down. Your goals need to be measurable, believable, written down, specific, and they need to make you stretch. Every month your goals need to be a bit bigger.

And be honest with yourself. Reassess yourself as you go. I set my goals by month, but every 3 months I go and I see exactly where I am. At the end of 3 months, if I’ve hit my goals and I’m way ahead, I will adjust accordingly.

Another thing that I think is really important is that you tell others what your goals are. It’s just like writing them down. It’s going to put it into your subconscious a little more, to give you more chances, statistically, to hit your goals, by reminding yourself. You are also going to lose face. If I tell my Wife what I’m doing the next few months, and I don’t get anywhere near it, I’m going to be embarrassed. So, I feel it’s important to tell people what I’m going to do, even if they never say anything to you, or don’t care, you know that you told the world what you are going to do. You can even join a Real Estate Mastermind Group and tell them all what your goals are. Then they can hold you to it, because that’s what Mastermind Groups do for each other.

A good example of this is what happened to me the first year I joined a Mastermind Group. I went to a 3 day Mastermind Event that Summer and sat in the audience and set my goal to be a speaker at the event the next year. And not only did I set my goal to be a speaker, but I went on to the companies’ website that hosts the event and I posted that I was going to be a speaker the following year. It was actually posted on their message forum, and every other time I posted on their forum, I put under my name, “Speaker, Next Year’s Convention”. And guess what? I did speak next year at that convention.


Then what you want to do, once you have all of these processes going on, you want to do something to remind yourself of your goals. Go back once in awhile and take a look at the goals that you wrote down. Post something on the refrigerator to remind you of your goals. Several years ago, I ran a sales company and we had a goal board in my office. All of the people were paid on commission, so the better they did, the more money they made. I always encouraged them to bring in pictures of what they want. Be it a car, a vacation, a bracelet or something. I told them to bring in a picture and put it on that goal board so that every day, when you are sitting at that desk, you see that picture. I have my own goals posted at my desk. So, do something to continually remind yourself of your goals.

In conclusion, your goals need to be written down, specific, measurable, believable, set up a deadline for yourself, reassess your goals on a regular basis, be honest with yourself, and tell other people what your goals are. You will for sure be much more likely to hit those goals!

So there is how I feel real estate investor goals should be set!

Nick Cifonie

Nick is the host of Real Estate Investor TV Online, you can get loads of articles, videos, and more from Nick at www.REI-TV.com .

Aug 16th

Learn the Real Estate Lingo and Talk the Talk with Confidence

By Danny Welsh, CMO of HIS, Greatest Real Estate Giveaway Director

 

Every profession has its distinct language, from doctors to lawyers to rocket scientists, the use of which in thought and in speech separates the insiders from everyone else-- and professional real estate investors are no exception.


Anyone can buy or sell their own home without knowing what a writ of restitution is or how to calculate the Gross Rent Multiplier, but if you want to step into the real estate investing arena as a serious investor one of the first things you need to do is grasp a firm understanding of the insider language.

When you can comfortably use the lingo familiar to others in the business, they will listen that much more closely to your ideas and proposals because they know they are dealing with a seasoned insider. Plus, those that don't know will respect you that much more that you do.

 

And bottom line, you'll put yourself in more positions to get paid.

If my company were to provide a textbook copy of the real estate investing glossary terms and definitions in the free modules on our website it would amount to well over 250 pages and growing. For some people, that'd be an overwhelming undertaking, to sit and read end-to-end, regardless of the fantastic benefits. But that wouldn't be the best way to learn in our opinion, as retention in "cramming" is little.

That's why we've broken the undertaking of learning to speak, and most importantly to think, like a real estate insider down to a manageable task you can complete over time-- or get the information you need immediately at your fingertips in one convenient place.

I advise that new investors take 15 minutes 1-2 times a week to learn a couple dozen terms and definitions and you'll be taking a pivotal step to mastery of the real estate investing game-- a step that those who are destined to remain on the sidelines watching never have the discipline to take.

Our top students "bookmark" the module links on their computer's internet browser and return to it at least once a week each week at a specific recurring time (i.e. a planned consistent 'time block'), to study for 15 minutes or so as time allows, using a calendar on their phone or computer to remind them until it becomes a habit.

 

I can’t stress how important it is to have the right lingo down. One can tell the difference from a newbie and someone who is more seasoned. My observation has been that there is a different respect and willingness of a contact to tune in when they perceive that you know what you are talking about.

 

Part of branding, especially when you are the 'brand', is how you present yourself. Within 40 seconds, how you look and the energy, pitch, tone, and rate of speech at which you speak, impacts the perception one forms about you to the greatest degree. However, what you say is still very relevant to success. First impressions are exceptionally hard to shift.

 

Dr. Robert Cialdini calls it the "halo effect". This is why I enjoy that many of our investors now first have their impression of me or our company from content marketing which is designed to portray our company and me for instance in the best light-- that of a credible authority and trusted advisor. Much better than if I had met someone initially sitting at home in my boxer shorts, and said "hey bud, got a hundred grand? Let's invest it!"  

 

I believe so much in this activity as a great catalyst for new investors, that our office has been given strict instructions to pass along for free the 4 module interactive online glossary we created for in-house training purposes to anyone who visits one of our websites and contacts us asking for the investor glossary.

Should you want it, just ask for it. Create a weekly reminder in your calendar to spend 15 minutes studying this glossary.  Take something so daunting as learning all the terms in a very large glossary and turn it into a very doable activity in bite sizes over time. 

I say all that to say this. Your mind is an amazing tool. It will serve you as you stretch it.

Learn the lingo of real estate.

It will pay off when you can “talk the talk” with confidence and multiply the effectiveness of your conversations in your real estate business with buyers, sellers, lenders, investors and tenants.

 

Aug 5th

Recommended Tools for Beginner Real Estate Investors

By Danny Welsh, CMO of HIS, Greatest Real Estate Giveaway Director

Recommended Tools for Beginner Real Estate Investors

I’m often asked for a list of recommended tools for Beginner Real Estate Investors. The list I’m about to give you works in all different industries. It doesn't matter if you're working with foreclosure sellers or whether you're working with potential private investors for a commercial real estate deal you're putting together.

The first tool I recommend is a credibility kit. It could be a website, brochures, collateral and business cards. Whatever it is, it should be consistent. It should show people you are who you say you are, can do what you say you can do, and let them know what you do, what solutions you provide and why they should work with you. It's very simple. 

 

Next, and a lot of people disagree with this, but I think you should have a dedicated phone. I think, at the very least, you should have a dedicated phone line. It can come into your cell phone number, but it should be a dedicated phone line. 

 

Next on my list of recommended tools for beginner real estate investors is a tickler file.  This is a way to track your pinging and your follow up if not automated. For example, you talk to a seller who is interested in selling but not yet over the hump of selling at the terms that you want. Make sure you have a system of organization whether that's Outlook, one of the automated tools that I use, or a box on your desk with index cards that are put in order of date - whatever it is, low tech or high tech have something that helps you follow up and tickle people over time and keep organized. 

Next, and I think as we move more and more in today's world, this is less of an option and more of a requirement quite frankly: an autoresponder. One of Aweber. The one that I got started with and am more familiar with is GetResponse, I currently use both Get Response and InfusionSoft. 

Next are questionnaires. This is a simple tool. This is something you can have printed out in front of you on your desk. You want to have questionnaires that deal with who your perfect potential people are who are coming into your marketing funnel. For example, you should have a sheet that you fill out on the phone with someone if they're a potential lease option seller. You should have a sheet you fill out with someone on the phone if they're a potential lease option buyer. You should have a sheet in front of you if you're having calls come in from a potential private lender or investor.  

Can you later advance, put some of that stuff on the web and have it automated? Yes of course, but don't let what you don't know stop you from doing that. If you don't have a website with those fancy features where people can type all this in on the site, have these people call you. Fill out a form while you're on the phone with them and build rapport with them. 

We don't want to 21-question them, that doesn't work, everyone has seen a first date where you're just like - that guy is definitely not going to get a second chance because he's just rapid firing question after question and we all know that doesn't cook the bacon, so you want to have those sheets in front of you. 

I'll tell you a quick story about when I first started out in the real estate game. I was actually working for an investor for free and this guy was a jerk. I didn't like him at all but he had this policy about this buy sheet, this thing that had to be filled out.  

If it was blank paper it was about as worthless as toilet paper but as you started filling it in and putting in the information about the property, putting the motivation from the seller, different information pieces you'd gotten from the seller– as you started getting that filled in, and it might take more than one conversation it might be over time– as you start filling it in it becomes less and less toilet paper and more and more worth its weight or more in gold. That was something he taught me, even though he was a jerk and I didn't like him I learned the value of keeping and data-basing that information for follow-up.  

I hope that you have found this list of recommended tools for beginner real estate investors to be valuable.  They’ve helped me build my businesses, and I know that they will do the same for you.

Aug 4th

Be Aware of Your Accounting Resources!

By IPS Bookkeeping
While it's good to read and utilize good information, double check before you follow the advise of unknowns. See the full blog post: http://alturl.com/qdygg

Make it a Great Day!
Aug 2nd

The Power of Reverse Marketing for Real Estate Investors

By Danny Welsh, CMO of HIS, Greatest Real Estate Giveaway Director
 Let's say somebody is advertising in your local newspaper and they're saying they have their house for rent. Could you call them if your niche in real estate is doing lease options or sandwich lease options, in which you take the lease from the seller and you offer a lease that incentivizes you, meaning you get option consideration, you get more money per month, and tell them you’ve got a perfect tenant buyer for their house who has bruised credit and would like to buy a house like theirs on a rent to own basis? That is the power of reverse marketing for real estate investors.  If that's your niche, what would stop you from calling people who have a house for rent and offering them that value proposition? What would stop you from calling every single for rent ad you find every week?
 Maybe you might call with a reverse marketing message to phone numbers associated with “for rent” ads that goes something like this: 
“Hey, I know you have a for rent house, possibly you may have wanted to sell it and just weren't able to. If that's the case, I'd like to buy it, please call me about terms.”
 Now, that's not too difficult, but what is a little bit more advanced, what I call reverse mass marketing –this is kind of interesting stuff, this is some next level stuff that very few people do– what happens if you had somebody, you don't have to do it yourself or if you're strapped for cash you can do it yourself, I happen to like other people doing it but that's me. What would stop you from doing it as a “voice blast” after getting the phone numbers typed up and put into a spreadsheet?
   Take all the numbers in your local newspaper that are for rent, have them typed up and put into a spreadsheet, and send that exact same message that I just said to you guys over a voice blast using a service that only charges you a few cents per call.
   The people who call you back are people who would be looking to sell their house who weren't able to sell their house, are now offering it for rent, and were intrigued by your voicemail call saying “hey, I'd like to buy your house, call me if you're interested in my terms.” When they call you, your job at that point, is to take that prospect and turn them into a seller so that you can purchase their house in a lease option, resell it to a potential buyer tenant you already have lined up in the wings and make money.
   It's a very simple niche. Can you use that with a lot of different things? Yes. Is there a voice blasting tool that works better then others? Yes. Will I give it to you? Of course, I will. There are many different services available but of the ones I’ve tried I like CallFire, for price on large call blasts and VoiceShot for ease of use on quick small voice blasts. 
No matter which strategy for reverse marketing for real estate investors you use you're going to ask yourself a couple of questions: Who is my market, meaning who is the perfect person who should hear about my message? What are the mediums or media that I can use to reach them? What is the perfect message that will get me the response I'm seeking? No matter what market you’re looking to reach with your message, you can likely reach them through the medium of reverse marketing, not just by telephone or voice blast marketing.
Those of you who are real estate professionals or investors who have yet to use reverse marketing I challenge you to begin thinking now of who is advertising, to do business in a certain way or sell something in a certain way that you can grab their contact info and reverse market them because of what you offer them matches what they are actually spending money or effort to tell the world they have to offer you.
Pretty sweet, huh
Jun 24th

10 Habits Of Highly Effective Real Estate Investors

By Craig Korotko, Millionaire in Training, MMMChallenge.com

10 Habits Of Highly Effective Real Estate Investors
by Jean Folger, Investopedia

Real estate has long been regarded as a sound investment. Wholesaling and property management of commercial and residential property are just a few of the ways investors can profit from real estate, but it takes a little savvy to become successful in this competitive arena. While certain universities do offer coursework and programs that specifically benefit real estate investors, such as the Johns Hopkins Carey Business School’s Master of Science in Real Estate, a degree is not necessarily a prerequisite to profitable real estate investing. Whether an investor has a degree or not, there are certain characteristics that top real estate investors commonly possess. (From caves to condos, we look at how Homosapiens have hunted for homes over the years. For further reading, check out No Longer Nomads: The History Of Real Estate.)

Treat Investments as Businesses

It is important for real estate investors to approach their real estate activities as a business in order to establish and achieve short- and long-term goals. A business plan allows real estate investors to not only identify objectives, but also determine a viable course of action towards their attainment. A business plan also allows investors to visualize the big picture, which helps maintain focus on the goals rather than on any minor setback. Real estate investing can be complicated and demanding, and a solid plan can keep investors organized and on task.

Know Their Markets

Effective real estate investors acquire an in-depth knowledge of their selected market(s). The more an investor understands a particular market, the more qualified he or she will be to make sound business decisions. Keeping abreast of current trends, including any changes in consumer spending habits, mortgage rates and the unemployment rate, to name a few, enables savvy real estate investors to acknowledge current conditions, and plan for the future. Being familiar with specific markets allows investors to predict when trends are going to change, creating potentially beneficial opportunities for the prepared investor.

Maintain High Ethical Standards

Realtors are bound to act according to a code of ethics and standards of practice policy, and real estate agents are held to each state's real estate commission rules and standards. Real estate investors, however, unless they are associated with membership-based organizations, are not usually required to maintain a particular degree of ethics in their business practices, as long as they operate within the boundaries of the law. Even though it would be easy to take advantage of this situation, most successful real estate investors, and especially those who remain in the business for the long haul, maintain high ethical standards. Since real estate investing involves actively working with people, an investor's reputation is likely to be far reaching. In the case of an investor lacking in ethics, the consequences can be damaging. Effective real estate investors know it is better to conduct fair business, rather than seeing what they can get away with.

Develop a Focus or Niche

Because there are so many ways to invest in real estate, it is important for investors to develop a focus in order to gain the depth of knowledge essential to becoming successful. This involves learning everything about a certain type of investment - whether it is wholesaling or commercial real estate - and becoming confident in that arena. Taking the time to develop this level of understanding is integral to the long-term success of the investor. Once a particular market is mastered, the investor can move on to additional areas using the same in-depth approach. Savvy investors know that it is better to do one thing well than five things poorly.

Strive to be Good Customer Service Representatives

Referrals generate a sizable portion of a real estate investor's business, so it is critical that investors treat others with respect. This includes business partners, associates, clients, renters and anyone with whom the investor has a business relationship. Effective real estate investors are good customer service representatives by paying attention to detail, listening and responding to complaints and concerns, and representing their business in a positive and professional manner.

Stay Educated

As with any business, it is imperative to stay up to date with the laws, regulations, terminology and trends that form the basis of the real estate investor's business. Keeping current does require additional work, but it can be viewed as an investment in the future of the business. Investors who fall behind risk not only losing momentum in their businesses, but also legal ramifications if laws are ignored or broken. When it pertains to the law, ignorance is no excuse. Successful real estate investors take the time and make the effort to stay educated, adapting to any regulatory changes or economic trends.

Understand the Risks

Those choosing to invest in the stock or futures markets are inundated with myriad warnings regarding the inherent risks involved in investing. Numerous agencies, such as the Commodity Futures Trading Commission, require disclaimers to warn potential market participants about the possibility of loss of capital. While much of this is legalese, it has made it clear to people that investing in the stock or futures markets is risky; meaning, one can lose a lot of money. Greenhorn real estate investors, however, are more likely to be saturated with advertisements claiming just the opposite - that it is easy to make money in real estate. Prudent real estate investors understand the risks associated with the business - not only in terms of real estate deals, but also the legal implications involved - and adjust their businesses to reduce any risks.

Invest in a Reputable Accountant

Taxes comprise a significant portion of a real estate investor's yearly expenses. Understanding current tax laws can be complicated and take time away from the business at hand. Sharp real estate investors retain the services of a qualified, reputable accountant to handle the business's books. The costs associated with the accountant can be negligible when compared to the savings a professional can bring to the business.

Find Help When They Need It

Real estate investing is complicated and requires a great deal of expertise to engage profitably in the business. Learning the business and the legal procedures is challenging to someone attempting to do things on their own. Effective real estate investors often attribute part of their success to others - whether a mentor, lawyer, accountant or supportive friend. Rather than risk time and money solving a difficult problem on their own, successful real estate investors know it is worth the additional costs (in terms of money and ego) to find help when they need it and embrace other peoples’ expertise. (Don't let a slow real estate market drag you down - steer clear of these pitfalls. To learn more, see 5 Mistakes Real Estate Investors Should Avoid.)

Build a Network

A network can provide important support and create opportunities to a new or experienced real estate investor. This group of associates can be comprised of a well-chosen mentor, business partners, clients or a non-profit organization whose interest is in real estate. A network allows investors to challenge and support one another, and can aid significantly in advancing one's career through shared knowledge and new opportunities. Because much of real estate investing relies on experiential-based learning, rather than on reading a book, for instance, savvy real estate investors understand the importance of building a network.

Conclusion

Despite abundant advertisements claiming that real estate investing is an easy way to wealth, it is in fact a challenging business requiring expertise, planning and focus. In addition, because the business revolves around people, investors benefit in the long run by operating with integrity and by showing respect to associates and clients. Tough it may be relatively simple to enjoy short-lived profits, developing a viable real estate investing business that can last for the long-term requires additional skill and effort. Whether focusing on apartment buildings or commercial property, highly effective real estate investors share these 10 essential habits. (Owning property isn't always easy, but there are plenty of perks.)

Mar 27th

Tenacious and Ready The Successful Candidate

By pokypup

I have more than ten years of experience in commercial and residential construction, a member of REAPS (Real Estate Association of Puget Sound).  My responsibilities have included construction development and management.  I have studied real estate investing and development for more than five years to learn all aspects of the commercial real estate business.  I am also a founding member of a private commercial real estate investors group.  A hard working leader whose strengths are tenacity, resourcefulness, and team approach, all of which has helped me gain the trust of many high-profile investors.

I am currently in the process of putting together a deal to purchase a flag hotel in Florida.  My company has submitted an LOI and I am now working on raising the capitol to purchase the property.  I am looking at debt equity partners as well as straight investors. The property is currently in receivership and is still turning a hefty profit.  I am currently looking at a 12 CAP on the property.

I am a professional person that gets the job done.

Please contact me between at 7PM or 9PM, PDT, on Monday 3/28 or Tuesday 3/29.

Thank You

Mar 20th

What can Jeanette Pangilinan offer?

By Jeanette Pangilinan, Millionaire in Training, MMMChallenge.com

Jeanette graduated from college with a BS degree in Computer Engineering. She was a working student, who found a job training company employees to learn Microsoft Office (MSWord, MS Excel, MS PowerPoint, MSAccess, MS Project, MS Outlook, MS Publisher, Dreamweaver, Adobe Reader, Adobe Professional, Adobe Photoshop). There she learned to love Excel the most. After graduation she worked 3.5 years on software programming as a Junior Consultant for a utility company in the Philippines while working part-time as an instructor in the university. When she migrated to the US, Jeanette used her professional skills and experience to help business owners and communities in their administrative tasks in organizing, coordinating, analyzing, and evaluating company performance. She continuously strive to learn and use the internet/web based systems and social networks that will help her in her current business ventures. She has recently partnered with Jomar Hilario and internet marketing consultant in the Philippines to expand her knowledge in internet marketing.

Jeanette offers the expertise of an Information Technology professional focusing on INTERNET based technologies and INTERNET MARKETING strategies.

Jeanette knew in her heart that she was called to something greater... After some time, with much courage in her heart, Jeanette resigned from her full-time job as a consultant. She ventured full-time with a networking company where she believes most of her strength and skills in marketing, selling and leadership flourished. She became a Manager for the company after some time. She hates saying the word, but it was hard and challenging. She knew she needed that experience to strengthen her for upcoming battles as an entrepreneur.

Jeanette offers the skills and persistence in NETWORK MARKETING and understands the value of MASSIVE ACTION.

As of the moment, Jeanette resides in the warm and luscious city of Tampa, Florida where she has been actively building her real estate empire since September 2010. Yes, she is new. But since then, she has been attending trainings after trainings, weekly networking meetings with local groups in Tampa and have been working together with other experienced investors to be her guide in her real estate investing journey. She also connects with virtual investors networks in the US and in the Philippines. She focuses on wholesaling and holding SFRs in the Tampa bay area. Mostly REO properties for wholesaling and lease option properties for holding and renting. One of her goals within 2011 and 2012 is to venture into the commercial real estate by owning an apartment complex.

During a short period of time, Jeanette has MASSIVELY connected.  Jeanette offers her CONNECTIONS and RESOURCES through virtual and local real estate social networks like Buy your first deal, Monday Night Group, Friday Night Group, SREIA, Real Deal Community, Cash Flow Depot, Tuesday Night Mastermind Group, Freedomsoft community by Preston Ely and more.

Jeanette knows the value of giving and receiving. She knows that the only way she'll be able to get help is to offer help first. With her technical skills and training she has offered help to investors who have not used or maximized the power of Internet Marketing in their business. She offered to do a presentation to local landlords, rehabbers, and investors on why use Facebook and other social networks to market their properties.

Jeanette has the attitude of SERVICE, of GIVING, of SOWING, knowing that in the end all her efforts will reap rewards in the right time.

And lastly, as a child she has learned to take care of her family especially her younger brother. She learned to save money from her allowance for things she like and want. At a young age she learned to look after herself and her brother. She is happily married to a loving and caring husband whom she wants to spend more time with. She wants to prepare their family for the coming of their children. She wants to give a comfortable life for her Moms in the Philippines. She wants to see them more often than once every 2 years. She wants to be reunited with her family back home. She wants to be relieved of the pain of not being able to give and help those in need. She wants to receive more because she wants to give more.

Jeanette offers a caring heart for WHAT MATTERS MOST in her life, FAMILY, her Friends, and her community.

With the RIGHT reasons to become successful the HOW should come naturally and with ease.