Some of the best investors I know have been avoiding the 10 deadly sins while making their real estate endeavors almost divinely profitable. In my 12-years of coaching some very successful real estate entrepreneurs it has taught me this shocking truth: most real estate investors put limits on the amount of business that there sellers want to do with them because of the investor's own ideas and thoughts. It doesn't happen by design, of course, but it might as well because the end results from operating this way is a bit devastating. Countless numbers of closings could be make and not made. Countless number of sellers denied the opportunity to receive the full satisfying service we have for these sellers. And I don't want you to miss a single opportunity to draw closer to these sellers and so business with then because you aren't ready and not trying to stop yourself any longer! Let's take a look at me 10 deadly sins in real estate investing ...
Where does money come from? Where does it go? Who makes it? In today's podcast we are going to introduce you to Edward Griffin who wrote the book 'The Creature From Jekyll Island - A Second Look At The Federal Reserve'. The book is about 600 pages, but today Edward is going to explain it all in a lecture he did for a group of interested listeners. Edward will help reveal the money magician's secrets, and provide a close look at their mirrors and smoke machine, the pulleys, cogs, and wheels that create the grand illusion called money. And if you think this is a boring subject, just wait. You will be fascinated within 5 minutes. Actually, it sounds like a detective story. Once you hear what Edward says, you will soon realize why banks act the way they do when trying to buy foreclosure properties and truly unveil some long held secrets that are definitely holding most of us down with regard to success!
The Creature From Jekyll Island Book:
The Creature From Jekyll Island CD:
Why don't we learn to negotiate in school? And why do os many people think negotiating is intimidating? When the real truth is: you don't get what you deserve in life, but instead you get what you can negotiate! The real reason we are not taught to negotiate in western world schools is because our universities are designed to create subordinate compliant workers for the industrial factories and military. Leaving the good ole USA as the home of some of the worst negotiators in history because our population is conditioned and trained to be socially polite and compliant. But in truth... as humans, in reality, negotiation is in our nature. Think about the baby who cries for milk, and mom gives it to him. Negotiation! Go to Walmart or buy groceries, do you negotiate? No, why? Because it is not part of our culture. And in real estate it's a backbone. But this podcast we are going to show you how you can use what you have already been taught in school, and gt that you want with logical negotiating.
Often I get asked: "If I had to give a close family member advice on how to successfully get into the flipping houses for income business, what would I tell them?" So because this comes up a lot, I thought we should cover what my best advice is after doing more than 200 deals of my own, and at least that many for my coaching clients and other students. In test after test with real estate investor's I have noticed (by a far margin) the folks who figure out deal hunting and g the hot, hot, hot real estate deals in their area - by far excel and make the most money when starting out. Incidentally, these people are not usually the best negotiators, good at the deal structuring, have money to fund deals, or credit to get funds. Nope! They just got good at finding amazing deals no one else found. Which means it's a "no-competition" world when making offers to these very motivated sellers. It puts even the most green investor on solid ground when turning real estate into consistent income!