My Wish For You In 2009


This 2009 wish isn’t original. I received it in an email from a friend but it seemed so appropo for us real estate investor types I felt the need to pass it on. Heck, it may even be called a real estate investor’s prayer.

May peace break into your house
and may thieves come to steal your debts.
May the pockets of your jeans become a magnet of $100 bills.
May love stick to your face like Vaseline
and may laughter assault your lips!
May your clothes smell of success like smoking tires
and may happiness slap you across the face
and may your tears be that of joy.
May the problems you had forget your home address!

In simple words …………
May 2009 be the best year of your

I think it goes hand in hand with what I wrote in my last week’s post. After all, dwelling on only the negative happenings around us doesn’t help the mindset especially when we can reach out and grab the positive right out of the mix.

Putting 2009 Into Clearer Perspective

Whether we believe it or not, like it or not, 2009 will be a difficult year for most people. I say this based on all of the articles and forecasts I’ve read and heard. I would bet you’ve heard the same news and may have already decided on your course of action.

If so, congratulations. You are one of the few people who will not be in the “most people” pool. The truth is all of us will probably have to make changes in our business plan. I know I will.

I can no longer flip properties at will because in my area the number of buyers has slowed to less than a trickle. It may be the same in your area. If this is the case, you may want to become a landlord instead of a flipper. Or, you may make the decision to sit on the sidelines. The worse thing you can do is to do nothing. That always seems to be the wrong thing to do.

This may sound like more of a pep talk than a how to but think about it. Only you can put your 2009 into perspective for your locale and your cash flow. I am not saying the guru type of advice we’ve lived by won’t work. Not at all.

I’m saying we probably will have to take those same principles and readjust how we utilize them. Take loans for example. They aren’t as plentiful as they were so the ease of locating money has become more difficult. We now may have to add a step or two to locating, then using, the funds.

This is but one example. I won’t go into the myriad of examples since you probably have been in real estate for more than a day or two and already know what lies in store. But what I will say is don’t fall asleep just because this is only January. Look at your plan, adjust your plan if necessary, and move on.

Keep an open mind and clear your perspective focus. This doesn’t always guarantee success. Rather, it guarantees your option for success will be increased.

Good luck and may the force be with you.

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