Insurance and Credit

Have you noticed how anytime you walk in to a book store and find your way to the business or financial books all the views that are expressed in the titles are very similar??? In one way or another they all call out for a monetary version of bloodshed. I mean the titles are about “how you can crush the other guy”or “it’s not personal its business”, “How to come out on top” etc etc. Years ago when I got into the real estate investment game I spent hours looking thru the book titles. Trying to find the one book that would teach me how to become that REAL ESTATE INVESTING GOD I knew I could become. After reading many of the most popular books of the time I actually would feel beat up over the content. I mean did I have to be a “take no prisoners” type of investor? Did I have to prey on some one else’s misfortune?? The answer was no. However I did need to learn to take somethings to heart,and NEVER let go of them. I liken it to building my investment suit of armor so to say. So I set out to build a list of my investment rules. We each should have our own set of investment rules. It will help you keep the animal investor inside of you in check. In my case,being that I am a VERY competitive aggressive alpha male type personality I need rules that would keep me “Human”. My own set of personal laws that would keep me on the “non predatory” path. Doc’s Rules for investing:

1) Set up personal guidelines: Define and follow your personal guidelines. This is the most important rule I have. My guidelines define the investments I will go after as well as the amount of investment I’m willing to part with to get it. It outlines my investment strategy as well as how I want to conduct my investment business. Things to include, but not limit you to, are: Top dollar amount and lowest dollar amount. Type of investment you want to deal with. Period of term for investment.. Etc etc. (Between you and me I even have a guideline about the amount of time I will work per-day)

2) Remember some ones family is behind the deal you?re working on. Simply put,whoever you are dealing with has mouths to feed. Don’t forget this. Just because you can get a great deal on a house because the current owner is in a facing some sort of adversity that is causing them to sell below market value, doesn’t give you license to kick them when they are down. Treat everyone with dignity and respect. If the price they are offering still falls within the personal investing guidelines you have set for yourself don’t use your position to abuse the seller. If you are getting the house for .40 cents on the dollar,don’t be a jerk and push for .38 cents. Always remember…it could be you in the sellers postion. (This rule DOES NOT come in to play when dealing with a bank owned property)

3) Always ask for what you want. No where does it say you can’t ask for something in an investment deal you like, I.E. if you’re looking at a piece of real estate with a pool,ask the seller if they would be willing to throw in new carpet to the sale. I once met a investor who was looking at a house that had been on the market for more than 6 months. When he went to talk to the seller he happen to see a 1954 Merc Coupe in the garage, so he asked if it was included in the deal. The deal eventually closed for the house AND the car. 4) Offer everyone the chance to make money as a bird dog for you. I always give several of my business cards to anyone I do business with and offer them a portion of any profit I make from any investments they help me locate. You would be amazed at how many people are willing to help you make money when they get a small part of it for doing very little work. (And if you follow rule #2 you will be amazed at how many of those bird dogs will sing your praises from the highest mountains)

Just some ideas of things to keep in mind when you’re working on your investment mindset. I have used these rules over the years,and in many cases they, have gotten me more return and repeat networking opportunities then I can count.

We hear the hype everywhere about how people can begin making money off of real estate short sales; however is it really for a newbie to jump in and begin making money?

While people make money off the real estate market on a daily basis; it does not necessarily mean that you will. Have you been wondering can I survive as a real estate short sales investor?

On Hand Cash: You may be searching the internet for no money down techniques; however you should always have some cash on hand. Will you be able to make the payments if you have to hold onto the home longer than you anticipated; this is where so many new investors fail.

Regardless of all the hype that you see on television or anywhere else; the truth is that you should always have money for your projects.

Goals: What are your goals and why do you want to become involved with real estate short sales? The truth is that if you do not know what you would like to accomplish then it will be very difficult to find a great method that actually puts money in your pocket.

Hire A Team: It is important to have a team who knows what they are doing when it comes to real estate. You will never be able to do it all by yourself.

Educate Yourself: Anyone who wants to become involved with real estate investing must understand the importance of education; it the only way that you are going to become a success.

Visit our site below and get all the details to actually making money with real estate and do not forget to sign up for our FREE ecourse that will give you some great tips on investing.

Recently I came across a program called Real Estate Business Wealth (previously called Turnkey Real Estate System) and it looks to be a real game changer for the entrepreneurial real estate investors out there. If you have spent any time thinking of how to free up your time and create a passive income stream from your real estate business, then you realize how difficult this can be. Now, the website for Real Estate Business Wealth claims that it’s so frickin’ simple a monkey could follow these steps and create passive income. Now I’m not so sure you should go out and hire ten monkeys to work for you, but you get the idea. Ok, enough monkeying around. He doesn’t claim this to be magic. In fact, he admits on his website that in order to get the passive income stream flowing in, then it’s going to require some effort on your part. First though, let’s examine the claims made.

The creator, Otto, states his Real Estate Business Wealth system makes it totally feasible to establish thousands of dollars of passive income each and every month just by following the steps of the program. This will give you:

* Passive Income being deposited into your banking account every month.

* Vacations with Your Family where you please when you please.

* More Deals – You’ll have the systems in place to double or even triple the number of deals you do.

* 20+ Hours Extra/Week – You will recover at least 20 hours/week with these steps, guaranteed.

* No More Stress – No more constant second-guessing and worrying how things are going to go.

Well, I love the sound of that, but what precisely will I get from the system to help me achieve all this? Good question. Here is a list of the major components you will receive with Otto’s Real Estate Business Wealth home study.

* Quick Start Guide – “How to Get Started and Have Your Business Create Passive Income for You”.

* 10 Step by Step Instructional Audios – Develop passive income from any real estate investing business. These audios will tell you how.

* 3-Step Detailed Process that covers 230+ pages of manuals – Addresses subjects such as how to create systems, hire the best people that will run your business for you, monitor you success, etc.

* 10 Audio Interview Training Series – Tutorials and training interviews with leading investors, business growth experts, and strategists.

* Passive Income Generation Templates – Simply use the systems and templates already developed!

* Blueprints – Like a house blueprint, this provides you with a visual understanding and tells you precisely how to automate your real estate business. Just plug in your business.

* Bonus Information and Materials in addition to a personal phone call consultation with Otto.

One more point that is definitely worth mentioning is the convincing 2-part “Dummy-Proof” guarantee he provides. The first part states that you have three months “to examine everything, use what you wish, and, if for any reason or even no reason, you want a refund, just return everything and Ill put your money back in your bank account”. The second part states “At Least Automate Your Business So You’re Able to Enjoy Passive Income, or return it for a full refund plus a $500.00 gift!”. That pretty much says it all.

As I understand it, there will be a product launch that will happen around mid-May. And Otto has already stated that only a specific number of clients are going to be accepted into the program and then he will stop accepting orders.

Currently we are working to obtain a private discussion with Otto on his Real Estate Business Wealth system and then we will upload that interview to our review blog at RealEstateBusinessWealthReview.com. Come visit us and see what additional review information is available.

But let me say this to you. If this product provides the real estate business wealth it claims, then you have got to really think about this versus your present business model. Just one deal is worth thousands of dollars and luckily many real estate investors haven’t even heard of this opportunity yet!