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Dean Graziosi - Real Estate AND Entrepreneurialism
I saw Dean Graziosi's infomercial one fateful Saturday afternoon. At this point, I hadn't pursued my dream of being a successful entrepreneur for years. I had failed in the past and being an employee was the safe way to live. But, being an entrepreneur at heart, I just couldn't let it die. So, I ordered Dean's book. What could $20-$30 hurt?

Advice For New Real Estate Agents
The following question was submitted to "Ask Donald Trump" by Helen G.: I am really feeling at a loss as new agent in real estate. I have not been able to land one deal and am not sure if it’s me or what it is, for the most part. I don’t have the right people around, everyone claims they have already bought. Am I that late in the game?

“How to Make $700,000 Eating Shrimp, Catfish, and Southern Grits”
I love to chronicle my real estate purchases through words as it is my goal to help others achieve great success in real estate. I love to give back because I got started the same way, piggybacking on other’s successes to make it to the top.

How I took my Storage Facility From 65% to 95%occupancy in 90 days.

I finally got word of this great business and was referred to someone in my home state of Indiana to talk with about the Industry. Scott Meyers of selfstorageinvesting dot com helped introduce me to the business. He then proceeded to teach me all there was to know on how to analyze and purchase existing self storage facilities. Now here I am a year later with one storage facility under my belt and ready to close my next one.

How to be More Effective
This presentation will no doubt help out mangers become a more effective manager and people, which will add to our bottom line. We not only care about our bottom line but we also do many of our trainings on personal development because we feel the more our employees grow as people the more our business will grow.

How to Find, Hire, and Train an Amazing Self Storage Manager
If you are a fortunate business owner then I would suspect you are not doing the day-to-day tasks and delegating those to others who can likely, if trained properly, do the tasks better. Doing so frees up your time for family, friends, or fun.

People Skills

So many times throughout my life I’ve heard the phrase ‘people skills’ used. What exactly are people skills? Hitting a golf ball for distance and accuracy is a skill. Quilting is a skill. After thinking about it long enough, I think that I would define people skills as having an approachable personality, the ability to listen, knowing how to talk to people, being able to resolve conflicts, and being able to admit mistakes and take responsibility.

Real World Negotiation
I started reaching out to industry professionals, reading everything I could get my hands on, and facing real world situations head on. I also owe a special thank you to my dad for teaching me the art of negotiating at an early age. To this date, it is still one of my most favorite pastimes and it has also helped me in my career

Time Management
The world’s most precious resource is not oil, gold, or the almighty dollar; it is time. Since it is a finite resource and no one knows how much time they are guaranteed, it is important to maximize efficiency in all of your business ventures.

Real Estate Investor's Cost Effective Buyer’s List
To a new real estate investor, one of the first things you want to have is a buyer’s list. Not only a buyer’s list but a cash buyer’s list as well. That’s because when you do find houses for sale, you also want to be able to get rid of them for a profit unless your going to hold them and rent them out. This author goes into detail to building a low cost buyer's list.

How to Turn Your Lifelong Passion Into a Full-Time Publishing Gig
AWAI Staff Writer reveals how to turn your lifelong passion into a full-time publishing gig.

What if I Get Into a Deal? Where do I Turn?
The power of a network cannot be over emphasized. If you have your own real estate investing business, consider the following three networking tips that can make your chances of success far greater.

Start with an Extraordinary Foundation
If you know me, you know that I consistently emphasize building your home based real estate business on a solid foundation. In fact, the foundation will often dictate your degree of success.

Find a Need and Fill It
If you want to increase sales and grow your bottom line, find something your audience wants and serve them better than anyone else in town. The key to success? It's simple: Find a need and fill it.

The Hardest Part of Building Your Business
Fear of the unseen or unknown is paralyzing and happens to small businesses every day. Many sincere folks make the sacrifice to get educated…even borrow huge sums of money to do it. Yet, doing it all on our own is fear-inspiring. Entire armies have been faced with crushing defeats because of the fear of the unknown.

Why Dont I Try to do This On My Own
Today we are going to discuss the advantages of working with a group in your own Real Estate Investment business. Isn’t it true that one person simply cannot wear all the hats in a working business? So why try? There is strength in numbers. And the best way to grow and be profitable is to work with skilled people in each area of business management.

A Lease Option May Be The Answer

Lease options are yet another reason I love real estate investing so much. It’s also part of my real estate mentoring program as a profitable exit strategy. Remember, you do not need to guarantee today’s prices for a transaction that actually closes in two years or more in the future. The agreement can be made to settle the price at “fair market value” when they actually enter escrow. Those numbers can easily be determined if your property is located in an area where there are multiple examples of “like kind” homes from which comparable values can be drawn.

A New Era of Banking
There was a time when a community bank would care for the money of its depositors and wisely lend to local businesses and families wishing to buy a local home for their family. Over the years this very simple concept has become so large and complicated that the individual small business or homeowner has been squeezed into a very uncomfortable position.

Be Careful Not to Over-Improve!
In past articles I have spoken about focusing on repairs – not remodeling. This is mostly most true in cases of the average and below-average investment properties. Even when handling a higher-end property, caution is needed so that your precious profits are not eaten up entirely.

Buy Low, Sell High
Foreclosure is still a very bad word and worth avoiding if possible. Nevertheless, is it really prudent to keep the debt by just massaging the monthly payments a little? Many Americans have seen the folly in that and have chosen to let their lenders carry the burden of the imbalanced debt against their homes.

Increase Your Chances With A Network
Imagine, though, that you were part of a network that kept your buyers interested via the internet and maintained your relationship until you do have another cheap home for sale. This is just one way that networking can maximize the effectiveness of one’s marketing budget.

Reasons For Buying Cheap Houses Now

Presently there are hundreds of real estate “wholesalers” across the United States. These businesses are often operated on a local level and often out of the wholesaler’s home. In fact, they provide a very good service to cash home buyers everywhere. They may lock up a purchase in contract and subsequently assign that contract to the first buyer that comes with all cash. They take a modest profit say, 10%, and leave the major margin for their buyer at 20-30% below market.

Recognize This Growing Market
Women own and operate 38% of all businesses in America and comprise 40% of the business school graduates. Now add to that, interest rates at history-making lows along with home prices that are making their own history. What do you have? It’s a perfect storm.

Hang on! More Foreclosures Are Coming

So what’s the bottom Line here? Although the number of delinquent properties and shadow inventory continue to rise, early indications seem to point toward a reality check sometime in the near future. Once existing inventory is purchased, expect a significant lag time to meet growing demand. In other words, supply will once again have to catch up with demand. Currently, distressed homeowners have reduced expenses, moved in with family and made other temporary arrangements in an effort to “ride out the storm.” I expect that short term solutions will eventually give rise to the need for permanent housing.

To Modify or Not To Modify

That was the hope of the U.S. government when they decided to “bailout” the banks. Some of the money that went to these troubled banks was allocated for helping approximately 750,000 troubled families to save the family home. The idea was to reduce the monthly payment to an acceptable level….maybe even some of the principle. All would work well if everyone cooperated and tried to do the right thing.

What About Private Lending?
Financial loans are financial opportunities in disguise. It can provide the private lender a great return on their money while securing their funds with a note in first position on your new home at a loan-to-value of 65-70%. In this down market property values present a terrific opportunity for securing retirement funds as well.

What If I Wait For the Market to Improve?

Whether you buy foreclosures, short sales, or any other type of investment properties, these will likely be distressed in one form or another. Otherwise, your competition will be intense. In my real estate investment mentoring program, I teach that the better a house “shows,” the quicker and higher it will sell. My students know how I feel about properties that look and smell poorly. They will tell you that it is the ‘look and smell of opportunity.’

When Do All These Foreclosure End

I have stated for some time now in my blogs, speeches, webinars and on my website, that this thing isn’t over yet – far from it. I do not see millions of educated, well payed Americans all taking the housing value implosion sitting down! The American way has historically been to take more than you give. Most people will not accept this short fall of hundreds of thousands of dollars. They will wrestle with the moral dilemma for a while but, in the end, will do their best to sell their home short and cut their losses.

Who’s Buying Up Our Houses?

As a real estate wholesaler I am encouraged to Euros, GB Pound, Yen, Rubles and the like come into our market as it strengthens our position. We have a clear advantage. We are here! We should also have some insight into our local markets and this will help us to “bird dog” deals to wholesale to foreign cash buyers. And once the market starts a solid climb, local cash home buyers will “come out of the woodwork.”

Investors: Jump on the “Green” Bandwagon

There are a variety of rebates, tax incentives and credits for those who rehab their investment properties in this manner. While it is usually more expensive to purchase “green” materials, in the long run it will be cheaper because of the many government programs designed to attract environmentally friendly projects. In my opinion, if you don’t mind dealing with the pace of government agencies, you can effectively profit from such an approach.

Beware of “Analysis Paralysis!”
You heard the old adage about the guy who had to feel for the floor before getting out of bed? lol. Well, there are some distinct disadvantages to waiting before striking, weighing every possible scenario and crunching the numbers endlessly. To begin with: “The early bird gets the worm.” If we delay our decision to buy we may lose the real estate investment altogether.

Brace Yourself for the “Borrower’s Revolt of 2010!”

During the last decade especially, lenders had no scruples about lending more than many families could afford or, for that matter, more than the property was worth. The illustrative “loan committee” with all its superior “wisdom” consistently allowed this kind of abuse so that we are now faced with a nationwide mortgage crisis of huge proportions. Interestingly, a fast growing facet of the legal industry is that which goes after lenders for predatory practices.

Brace Yourself for the “Borrower’s Revolt of 2010!”

Should I Buy Houses For Cash at an Auction?
Purchasing a property via auction frequently entails a commitment to all outstanding debts including unexpected liens and other judgments in addition to those for which the auction is taking place. By purchasing a bank owned property you will typically have assurance of clear title or at least a complete awareness of other fees or liens due.

Red Flags To Avoid in a Mentor
In my Mentor for Life™business plan my team works hard to stay ahead of the trends so I am able to keep fresh material and training in front of my students. Many of the methods we use were not employed 12 months ago and many others will likely not be used 12 months from now. Thus, if a mentor is not willing to change with the times, they are not a good bet and a pathetic waste of money.

The “Mentor for Life”™ Concept and Why it Works

Let’s face it: When we talk about a real estate mentor we visualize someone who is 1) not a kid and perhaps 2) a multi-millionaire from his/her many successes in real estate investing. There are so many scams on the internet that it can make your head spin. That is one of the reasons I am so passionate about bringing some integrity to the profession. My “Mentor for Life”™ business plan is just that means by which I intend to provide honest value in training, coaching and mentoring to the real estate home business person.

Are You Right for “MENTOR for LIFE™”?

To begin with, nothing attracts people more than one’s ability to accentuate the positive. I am a firm believer in having the proper attitude before launching a new career. This will stem from a thorough understanding of the industry as well as general principles of business. However, regardless of background, an enrollee must have the ability to consistently see the glass as half full whenever a situation appears incomplete.

Why All The Interest in Detroit?

Is Detroit going through some very tough times? Yes. And that is precisely why there is an opportunity. For example, when the construction industry was booming, heavy equipment such as excavators, loaders and the like could only be purchased at retail prices. When the construction market collapsed, suddenly you could buy those same pieces of heavy equipment for pennies on the dollar. That was an opportunity for those who had the means to take advantage and buy while the market was down.

Well, Which Type of Person Are You?

It seems that, despite the economy, there are a lot of happy entrepreneurs out there. Recently Citibank surveyed small-business owners across California. Would you believe 81% of these say they enjoy running their own business, and 78% said they would start their own business again even if they knew what they know now about the challenges they would face. In fact, 60% say they recommend entrepreneurship as a career to their children.

Will Real Estate Investing ever be the same again?
One of the ways my team has fought back is by making things happen with private money. This is, in fact, a productive way of profitably operating our REI business while boycotting the Godzilla-like banks who leave a wake of devastation everywhere they go. Private money has helped many of my students and clients to make things happen quickly and without sterling credit.

Where Do We Get Our Deals?

Where do we get our deals? Actually, we find them in a variety of places. Several of which are proprietary and I only share them with my students who are my joint venture partners. Consider the fact that anytime a property comes available on the MLS, everyone knows about it within minutes. If it is really a good real estate investing opportunity, it is often snatched up by the agent entering the listing into the computer….or one of their friends.

If You’re Afraid of Hard Work Don’t Start a Business! Here’s why…..
The key is not to let the advertising world force us into their mold; one in which reality and logic do not exist. Everything takes effort and the greatest achievements take a whole lot of effort! I am glad that we have the screening process in place that we have. Unless an enrollee possesses the right frame of mind: the mind of an entrepreneur, he/she is not invited to enter.

Where Do You Get The Most Bang For Your Buck
This gives you 10 good tips to use when planning the painting of your next investment property. As a leading real estate Mentor I advocate the intelligent use of materials, like paint, on most rehab work. In my years in the industry I have seen far too many mistakes made by professionals. Don’t do what they did.

How To Make The Best First Impression
As a leading real estate mentor I teach my students certain techniques that have proven useful for decades. The truth is, when it comes to the prospective owner-occupant, the emotions are often the same in each and every case. Let’s, now, discuss some of the expectations a buyer may have.

What Are You Waiting For?
This is exactly why the best real estate investing opportunities are right now. Most people aren’t even interested in real estate investment. They have watched the market plummet for a very long time and are convinced that there are no opportunities for the entrepreneur wishing to start his/her own home business. Just the opposite is true.

What if I Get Stuck in the Middle of a Deal?

Wholesaling in general, is a great way to break into real estate investing as it doesn’t require a lot of money or personal credit. That’s why my mentorship program starts with wholesaling so that my students have an opportunity to earn some money, get out of debt and start saving for their own transaction in which they will actually take title. The key here is volume. I call it “stuffing the pipeline” and that level of volume will likely only be reached with the aid of a team.

What if I Get Into a Deal? Where do I Turn?
I am so grateful that my company, which I formed in late 2008, was centered around the premise that there’s strength in numbers. Basically, our strength comes from the large network of fellow entrepreneurs who operate their own businesses under my label. We currently have national coverage and are soon branching out to a few other countries whose economies are similar to the U.S. market.

So You Think You’re Ready to Start

I have observed the many, many would-be REI home businesses go after bank REOs with a passion, only to have the Lender “rain on their parade” by completely changing the rules of the game. More recently we have seen these same types of people spend good money on another short sale program, just to have the Lenders “pull the rug out from under” their next deal. The reality of it is that there are many ways to prospect a variety of sellers for real estate investment deals. The key is getting a real education, hook up with a network, build a buyers list and hire a quality real estate mentor. Without the foregoing, it is much too formidable a road to travel.

How To Achieve Massive Profits From Real Estate
You can achieve massive profits from real estate in two ways. You can get involved in the physical real estate, in which you can buy and sell real estate properties, or simply become an agent and sell estate properties. You can also become an online agent and sell virtual real estate properties.

Self Storage: Second Class Investment? Not Anymore!
Investments are investments, especially in real estate. The rules haven’t changed and the name of the game is still “Return.” Then, perhaps, it should not be so surprising that a niche in the broad spectrum of real estate investing that was once considered to be an alternative, is fast becoming the new trend-setter.

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