Tag Archives: real estate

Real Estate Outsourcing: Is This Why You're Not Successful?

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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?) Continue reading →

Don’t Forget to Look Back Up At the Mountain

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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 Continue reading →

Multiple Streams of Income

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With the recent economic crash felt ‘round the world, it’s never been more important to diversify. You need to introduce multiple streams of income… In other words, 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:

  1. Real Estate Investing;
  2. Infopreneuring;
  3. Internet Marketing; and Continue reading →

2010 Real Estate Investing Predictions

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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.

  1. 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 Continue reading →

Real Estate Blog

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Do you need a blog for real estate?

The simple answer is: 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 Continue reading →

Real Estate Training

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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…

Continue reading →

New Years Planning

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Last week, a friend of mine posed the question inside my mastermind group:

“What is the one thing you’ll do differently in next year in your business?”

And the answers have been great! People have been reflecting on what’s been working well in their businesses and people have been looking at what they want to change.

The common thread that I saw go through all of the replies back was: systematize and organize. People want to reclaim their time. Sure, the money is obvious… We all want to continue to grow our companies and the bottom line. But that’s not what people are focusing on.

For me in my business, it’s simple. It comes down to three things: Continue reading →

Are You Emotionally Ready For Financial Freedom?

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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 Continue reading →

Finding the Right People

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I just spent the last week with my “mastermind” team, or my network of people that help me grow our business. And while I was there, I lot of questions came up about referrals, partners, etc. Now, this wasn’t a “real estate” group per se, but we definitely share our resources.

On the plane home, I got to thinking about networking in real estate. There aren’t as many mastermind groups out there. Plus, the cost to enter can be out of reach for many (this one cost me $16,000). So, I thought that since we’re just getting going into 2008, now would be a great time to evaluate our businesses and who’s on our team. So, I decided to post this article..

Here’s a short list of people that you need in your real estate business:

… Accountants
… Attorneys
… Private Lenders
… Rehab Lenders Continue reading →