Performance Strategies - Are Rats Smarter Than People?

I've trained wealth principles to thousands of students over the years and am constantly reminded of what stops the average person from achieving success. They simply get in there own way and care too much about what others think. By contrast, put a rat in a maze (their "world"), give them a goal (find a piece of cheese), and they will simply go after it regardless of the obstacles or consequences. That instinctive behaviour gives them the ability to succeed. Even when they head down a path and find a dead-end, they backtrack and take another. They continue in that manner till they reach their goal. All too often, people faced with their mazes, simply give up, either because they encountered too many "dead-ends" or because they couldn't figure out another path or because they were embarrased when they noticed people paying attention to their failures. According to the Chinese Zodiac, "Most rats get more accomplished in 24 hours than the rest of us do in as many days." Be bold, be a rate today!

Performance Strategies: Make money in any market...

With the real estate market receding, the credit market in crisis, the stock market plummeting, record job losses, and an overall feeling of despair, it's no wonder people have lost confidence and don't know how they can get money flowing.

As an expert in the real estate market I can tell you the great news. Anyone can make money in this market if they know how and get the experienced help they need to succeed.

What has actually happened? Simple, people bought more home than they could afford and the lenders facilitated that illusion. Many are either in or facing financial ruin with no help in sight.

They could have avoided the drama and trauma by educating themselves and aligning themselves with trusted advisers.

The process is really rather simple. Here it is:

1. Find a distressed property or seller (easy these days)
2. Determine the current value (tip: you must know how to do this for yourself)
3. Determine the costs (acquisition, repair, holding, sales, debt service)
4. Establish your offer (don't forget to deduct your profit)
5. Make and negotiate your offer (make sure it's escapable and assignable, no big deposits)
   
6. Establish multiple funding sources (create a professional presentation to a lender or private investor)
   
7. Determine primary and backup exit strategies (buy/hold, buy/flip, buy/fix/hold or flip, options, etc.)
   
8. Perform due diligence (verify everything)
9. Remove contingencies and close the deal
10. Execute action plan and exit strategies

If you want to make money NOW in real estate and need help, we are here. We have an amazing, personal coaching program for you. We've done it all before. In good markets and not-so-good markets. E-mail us for details. Yes, you make money in this market. Are you brave enough to find out how?

Performance Strategies: Ethical Investing

A number of people have asked where they can find my interview titled Why Ethics Matter in Real Estate Investing and the sister piece titled Ethical Behavior 101: A Five-Step Guide to High Ethical Standards. Bother are covered in Growing Wealth Magazine. You can review them by clicking the links.

Growing Wealth provides knowledge and support concerning a broad range of interests shared by entrepreneurs and investors in all markets. Whether you are a novice or seasoned invested you should check it out.

Performance Strategies: Need Cash? Ask a Private Investor

In the November 2007 edition of Growing Wealth Magazine you can review my article about finding private money to fund real estate deals. Click here for access.

Growing Wealth provides knowledge and support concerning a broad range of interests shared by entrepreneurs and investors in all markets. Whether you are a novice or seasoned invested you should check it out.