I was driving around Baltimore City earlier this week. At a stoplight I got stuck behind an SUV with a sticker on its back window that read “lose 10 pounds in 10 minutes, call XXX”.
I immediately laughed and thought to myself, “yeah right.”
Why did I think this? Because it wasn’t honest and it wasn’t believable. [...]
I hate running. I pretty much hate any form of exercise. I have no problem doing my real estate work, but when it comes to working out, I’ll admit I’m very lazy and lack discipline.
If you really want to make six-figures in this business you’re going to need partners so you can leverage your time. Well, last week I wrote about 
I’m currently working on my longest deal ever. So far it’s been about eight months in the making. Let me show you how this deal evolved so you can learn how to make $70,000…with only a few hours worth of work.
It’s the beginning of a new month which means it’s time to pay all of the bills on my rental properties. This includes multiple mortgages, multiple HOA dues and payments to owners of some of my lease option properties. So, how do I keep track of all this without going crazy?
From many of the headlines and articles I’ve been reading lately, you really would think the end of the world is near. Now, I’m not that paranoid but there are certain things you need to do to protect yourself, specifically from the coming wave of inflation, thanks to the governments spending spree of trillions of dollars. If you don’t take the steps I’m about to share with you… you might find yourself with a lot less money.
Want to learn how to save time and headaches when dealing with sellers? Well, the other day I was working with an investor who mentioned to me that he just couldn’t seem to close the current deal he was working on. It was a perfect subject-to deal, and the seller seemed pretty motivated, however, whenever it came time to sign the contract the seller delayed and said he needed more time to think about it. This had been going on for a month and a half.
When choosing the area you’re going to invest in a lot of people don’t create a large enough radius around where they live. For example, one of the best ways to be successful in this business is to mail a lot of letters and postcards to highly targeted lists. And sometimes when an investor tries to order a list around their home town they might only come up with 300 names. When that happens, you need to enlarge your radius because mailing 300 names will never make you wealthy.
What’s worse than not getting any deals and struggling to buy houses? The answer is buying the wrong house. You see, many investors take an early exit from this business because they overpay for a property or because they don’t understand the correct formulas to use when evaluating a deal.
Joshua Dorkin
Charles Feldman
Ted Karsch.
Why You Need To Stop Acting Rich…
by Jason Hanson | September 30, 2009Well, you need to stop. Thomas Stanley who’s the author of “The Millionaire Mind” (which was fantastic) has a new book out called “Stop Acting Rich and Start Living Like a Millionaire.” Now, I have not read this new book yet, but I do have some advice which could save you thousands of dollars in the long run.
Why Not To Buy A BMW
I started investing in real estate in college and was able to make some decent money in my early 20’s. Then again, any money in your early 20’s is decent. And I ended up wasting a lot of it by doing immature things. For example, I had a BMW. I only had it for a short time because I realized it wasn’t me and I felt stupid driving the car around. I’ve also wasted a good amount of money on going to Atlantic City and Las Vegas.
Yes, I certainly believe in having fun, but you need to be smart and save your money–at least 10 percent of it. However, I’m not writing to you to try to get you to save your money. That’s common sense. The reason I want you to stop acting rich is to protect your assets and keep yourself from being a target of fraudsters.