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Posted almost 12 years ago

Is your strategy obsolete?

 Are having a tough time finding profitable deals?

Have you seen your profit margins shrink & erode?
Are you still chasing REO’s, Foreclosures or Short Sales?


You may be the equivalent of a buggy whip factory. You might make the best product, have the best systems, have an incredible staff…but you are out of sync with the market.


Time to face facts, the “VISIBLE INVENTORY” is shrinking & more and more buyers are pushing themselves & pricing out of reasonable range. Are you running with the sheep?


Banks are sidestepping the traditional channels for selling inventory through real estate brokers & they are running scared. How will they survive when they have built their business on selling bank inventory to investors & home buyers?


For the last 20 years a an investor, I have had to constantly evaluate the market, recalibrate & reinvent myself each time the market cycle shifts. 


The biggest shift that came to me was from my good friend Gary Johnston, he said, "Wealth begins in your mind." My identity at the time was that I was a "Note Guy" when in fact a higher self identity that would serve me is that "I am a smart investor". The lesson for me was that my job was to find the most profitable way to invest my time & money with the skills & resources available.  Once I shifted that thought process & identity...finding great deals consistently was never an issue again.  


What shifts in your thinking have made a tremendous impact on your success?  What can you do right now to change your results from good to great?


Happy Investing! 





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