Three Lessons on becoming Rich from the Little Red Hen

Be among the red hens in real estate who take the long perspective. See life for what it is…new opportunities coming every day to participate. Learn how to say “no” to the reasons, and “yes” to opportunities.

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The First Rockefeller Habit and Real Estate

I’m reading this book right now called “Mastering the Rockefeller Habits” by Verne Harnish.  He points out the three habits John D. Rockefeller felt were critical to his success in business.    I’ll talk about how I feel the first of those habits – Priorities – comes into play for real estate investors in [...]

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Part 2: If you Can’t Get ALL Your Money Back within 6 to 12 Months, Why Do the Deal?

This is the second article in a series about no money down deals.  Something that is implied by the term “investor” is that you use money to make money.  The problem with this approach in real estate investing is that most people I know have finite amounts of money.  Hello!    If you put a 20% [...]

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Part 1: Three Keys to Every Profitable No Money Down Deal

My first exposure to real estate investing came almost 15 years ago from a “No Money Down” course.  At the time, I thought it was the best thing since sliced bread.    The most important thing that course did for me was to open my mind to the possibilities of what real estate could do for [...]

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Top Traits of Successful Real Estate Investors & Christmas

I absolutely love Christmas. Love everything about it. I spend Christmas in Oklahoma with my family, and this year we actually had a MAJOR white Christmas. What I like best about Christmas is the traditions. The key aspects you always count on. Santa Clause, Christmas trees, etc. Successful real estate investors also have key [...]

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I want to buy a property – can I take over the payments?

Question: “I have a seller with a property that has a mortgage. I don’t have a way to borrow money to buy the house. Can I just take over the payments on owner’s mortgage?” Answer: “The answer is maybe. The most important thing is whether or not the seller is [...]

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Where Should I look for Cash Flow Properties?

Question: “I’m starting to feel overwhelmed about exactly where to look for houses. Should I just look all over the city so I don’t miss out on any hot neighborhoods? Is it better to focus in a particular neighborhood?” Answer: “I feel your pain. It’s not easy to decide exactly [...]

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