Let us free you from the pit. I mean comfort zone! We will slowly and systematically give a lot of small sparks and insights to the relatively simple way ordinary people use real estate to achieve amazing results.
The story is the best spark plug. They make you observe from a safe, safe and understandable perspective. If you are reading what you are reading, I will answer most of the questions that I feel like asking.
I want to know something from the beginning of this report. And something is this. I care about you. I really mean that. I really want you to move to a new comfort zone where you are free from pleasure and fear. A place you know that you have the power to achieve bigger things than you can imagine.
It is possible to start to be a more aggressively guided objective-led individual who is well organized and headed towards higher performance. It slowly and steadily changes and grows on every page you read. Gaining all your thoughts and insights, your desires and courage will grow as well.
Napoleon Hill is always writing the best book. It is called "Think and Grow Rich". The essence of the book is the secret that makes it reveal over and over. You must demonstrate the flared desire.
Do not put this book if you think that the previous statement is obsolete and you already knew it! I will only guide you to the next point. The next point, your desire requires a starting point. So, to feed desire, my secret is that you must have a purpose. Why do you want to pursue real estate? I know that I think that I earn money, keep it safe, useful, and have succeeded. good point. I agree that it can have more than that if you want it.
There is something here that comes before what you want here. What is the purpose of all these things? Purpose, purpose, purpose ... Before you get things you need to define the purpose first. My purpose, or I moved to a better house early in my career and thought about making my first house as my first rental property. When I got up to the next one, I soon learned it and soon learned, I was responsible for creating happiness and safety in the life of other people I have nothing to do.
I quickly realized what the choice when I chose the first real estate would hurt or hurt me to succeed in real estate investment projects.
It's all cumulative and you know what you are doing and how to connect it It compiles itself and makes your life easier or harder. I will give you the experience that you can learn from making your life easier. I am going to show you how. That is my purpose.
The book with unconscious courage to take my first step in the real estate was a book that William Nickerson's "I changed my $ 1000 to $ 300 million in my leisure". He was a Master Story Teller, after reading his book by penetration, he felt gravity towards the section classified as my Sunday paper real estate.
Sometimes I leap and my life has changed. It is FHA foreclosure, built in 2 bedroom, 1 bath house, screened pool, jacuzzi, sprinkler system is built in. I bought it for $ 46,000 and used the HUD 203K rehabilitation program to fix it. I spent $ 16,000 for renewal and repair. They will tell me one loan with a total of $ 62,000. It took me three months to complete it. I did it!
My life has changed, I learned, I took a leap. Ever since, I was confident. I already had my first house, but now I have two. Well, I was in the Coast Guard, but I moved after 3 months. Uncle Sam brought me out of St. John 's. In Petersburg, Florida, I dropped me to Kodiak in Alaska for a tour of my next obligation.
Well guess what? I was armed only with ambition, courage, self confidence, knowledge which was regarded as dangerous, so I bought a double line as soon as I landed on Kodiak Island. Now I have three residences and my new contracts rely on I to provide a clean, functional and comfortable environment for myself.
It looked like this. My mother borrowed my first house and the old man's couple borrowed the second house. My duplex came with an existing tenant who was a hospital administrator. I was confident at the early stages of work, I was confident in the role of the landlord. I have two houses and double rooms in the past year for about a year now. My brothers and other family members were awfully fed up with noticing.
They could not understand how suddenly I became a wizard of real estate.
I felt it was good to make that change in a short time.
I got it from reading a book! And my friend is a way to step out the majority of what you do in real estate, reproducing the success of others with a repeatable pattern. The important thing is to understand what you can do by reading the appropriate books and applying the very basic formulas handed to you.
There it is: Magic Bullets in Real Estate
This is a general man and woman real estate manual. William Nickerson told me "Magic Bullets! So I learned the trial of fire and I am very satisfied. There are 17 properties in Florida and Alaska, 23 tenants, 2 real estate licenses, supplementary appraisers I gathered more than 100 books on certificates and real estate.I have been studying for just 13 years, keep growing and gaining momentum.I am still in the Coast Guard but I am in a leisure I am working with Alaska One Real estate between two more years, I will retire at the age of 42 at age 42. It sounds like a fairytale I should not let you fool you. It's hard work, but I am not a billionaire yet, but I want you to have the truth, so I will be honest with all your steps.
There is a reason here for why I know that I am not a billionaire. I sold real estate that had been regularly priced and paid for itself with rent check. However, being in the Coast Guard relocates me every four years, so I discovered that I sold out to avoid being called "a landlord of absentee".
This is an important lesson for you. I am prior to becoming a billionaire until this point. The lesson is to find the area where you live even if you live on this planet and approach it. Please do not move more than 10 miles from your farm. The farm area is where all the properties are located. Long distance "Land word" is tough! You can do it, but you lose the ability to control the situation compared to when you were there. I served my own country and saved the lives of people, so it was not a waste for me. I will not regret, but please do not, unless you need to leave your field of expertise!
The network you constructed and the contact you build will be valuable in the process of "doing" the real estate and will cause you a serious disadvantage if you can no longer dispose of it freely .
Speaking when you move, you must adapt to a completely different market, build new relationships based on new trust relationships, and have to start over again. Despite being able to run right now, it is like a treadmill you run running.
I took advantage of it for my benefit. Every time I move I was forced to accelerate my ability to quickly reproduce my success, but it is still a difficult battle. My argument: Do not leave too far from your farm, bankers, appraisers, carpentry craftsmen, merchants, real estate, friends, tenants and so on. If you acquire your skills you can reproduce your success anywhere, even if you do not go ... I mentioned enough about it!
I would like to say, "Do not sell goose to get eggs." What it means is that if you need money to purchase more real estate, do it with a stock line from other real estate. You will get more than the same amount using a line of shares as if you sold it. But, you will like to keep assets and money! I am putting this in "Magic Bullets", so I am not unattended here. Just know that you do not need to sell your property to get those cash.
So I am here. You know a bit about me, you might have chosen two nuggets. Let's take a closer look.
There was a man who thought of buying a certain investment real estate, so what he did was seeing the growth pattern. You also need to do this by going to your city planning and zoning department. You can see the growth pattern and you want to purchase property to stand on the path of growth.
This is how he used it he learned. He knew that a city planner had decided that a new artery (highway) would benefit their city by creating a link to another city about 100 miles apart, Because he was a smart investor, his investment
On average now, new growth will diverge in the direction planned for about 1 mile per year from existing rich cities. So, our smart investors plan to issue cash in about 10 - 12 years.
What he did was that there was no demand at the time, so I had to believe, to buy a 10 - acre commercial zoned property very cheaply. He bought it, surrounded it, set up some lights and gates, and gave it to that little bug. A new highway came out this time, and taxes paid for good people to build it.
It took a long time for heavy equipment to be cut off towards a storage facility with fences. And as he approached close enough, I borrowed all the safe spots from the road cone to the generator, backhoe. You name it - it was saved there. This was more than paying his land.
Men and their equipment now finally descend further down the trail, but left the completed highway behind them. And what do you guess? Looking low, people began to drive it and began purchasing real estate to leave the city and build a house. Tennus was a breeze because the new highway was flying straight to the town.
Well, of course, here comes a flock, everyone just occupies the whole area. And within 10 years, investors around residences of houses, and can you guess what he has? Yeah, the main part of commercial real estate, the size of 10 acres.
So he will sell his storage facility according to the plan for 10 - 12 years, making space for the new office / business park complex more than $ 2 million. It is my friend. It is a vision. You can retire to the island soon enough that you can clearly see what you want to specialize.
How difficult is it? Do not tell me you can not do it, you can! I will help you. I will give you a secret that no one else has. Why does not people tell you a secret? Of course, you already know this, but please tell me anyway. It is because it operates based on a rare spirit as if nothing remains for them. Or if you learn something and act, you will move forward and live a wonderful life. Well, misery loves the company, silence suppression is the principle.
There is a story that we do not like low-quality realtors here, but we will tell it to you anyway. The reason why I can say is that there are big real estate agents that will never fear what I'm trying to tell you, if you are in my place, inform you of it .
There are transactions here: Some agents are like wizards of Oz. They want to create an appearance of marketing and trade real estate as a technically and legally deep dark mystery. Well, it is not so! The truth is that you can write a contract on a napkin, it is said to stand up in the courtroom. Here, I emphasize that you write that napkin with the terms of your agreement. "The clauses on this napkin require approval from my lawyer.
The lawyer will fully cover you at about $ 750.00. The price is different, but it is an average home transaction. I have a lot of outings here, but my argument is this: If you own property you can sell it anyway you want. "Magic Bullets" will tell you. Let's move.
Exposure is the key to finding buyers and sellers of real estate. If the property is fairly priced and all the users looking for properties of that type know that it is in the availability pool it is found and the transaction is processed as advertised I will. Please correctly evaluate it, advertise it appropriately, and let the attorney take care of the details. No commission, just flat fee. period.
Since I have it now from my chest, I will tell you about my 21 - year - old friend Dan and my wife and a newborn baby. He is a diligent man who works without hardship and all the other "workers" did a very hard job. Can you believe it? Others are very safe and lazy, entertaining three men, a man working three people, mainly making fun of him. Well, believe me, this is not noticed to me, I will take him under my wings. As Dan wants to buy a house, I will save him a couple of years' trial with a fire and start a process of saving $ 25,000 for free. That is because he deserves my help.
Anyway, here is a story: I started with him asking him the type and price range of the house he thought was comfortable. He has designated three bedrooms at around $ 100,000.
Knowing what he wanted and knowing that region, he was able to buy the house he was looking for. Now I always chase the house of "sell by owner". Because they know that they will not add fees to their price. So at 6% of $ 100,000 dollars he will earn an additional $ 6,000 "house" for valuable dollars.
I would also be looking for a strange discount company, in addition to the "sell by owner" house, a disagreeable seller to further aid money and property. The seller's idea of using a cheese company to help them sell their property is Penny Wise and Pound Frish. If you use professional, please obtain professional.
That's why we go. After a day or so, we found a house. Certainly, El Cheeso has an autograph. The windows are blowing on the screen door, the weeds are dancing on the grass, but this house actually has a garden surrounded by 3 bedrooms, 2 baths, 1 car garage and selling for 110,000 dollars. Well, because of the ongoing divorce, the new girlfriend that does not like the place, and the fact that El Cheeso Inc. is not acting, I negotiated for Dan and he bought it for $ 99,000 You get. The great thing about this deal is that the same floorplan of another house was sold for about $ 25,000 on the same street.
For the moral of the story, good things come to those who deserve it, it is another key to real estate. You have to work hard so that others will notice you and help you succeed.
Beauty for you here. This is to join the real estate circle, leave eyes and ears open, and often close your "Yappa". This is the story of Brian and Julie. There are two diligent souls here. They married for 20 years and they weathered the marriage storm. Julie works at the real estate office as an office manager. I do not have a real estate license, but I work in an office that sells a lot of waterfront real estate. So we are talking about where we are in the right place at the right time and she comes here in the office door that she is about to sell an old waterfront home. She is going to pay $ 180,000.
Julie told Brian, they saw it, indeed, this pearl is above the water. She is a jewel waiting for sophistication, so Brian and Julie will sell a condominium and come in. Brian finishes this jewelup as they have not made waterfront properties anymore.
Now they bought this house under market value in an expensive market. About a year and a half later, this property is worth over $ 350,000 and is still climbing. Well, Brian is not a dummy, so he gets to know his neighborhood. He takes a walk, taking a walk or an announcement, you guessed it, an inner double lot of sky, neglected jewelry. He tracks elderly women living with their sister to the county record office and buys a total of $ 120,000 including extra lots. Now Brian walks to a new "jewel" and starts polishing it. The neighbor begins to notice, surprised by his deal. He has an offer of $ 180,000, $ 200,000 and $ 60,000 for just plenty. You name it. Because exposure is there, everyone wants it.
Well, this was Brian. He borrowed the first house and borrowed it in the second house and built the third house in the vacant lot using the plan I gave to him. And how this will shake, his first house has $ 180,000 and its value goes up to $ 365,000. He picked up the next gem for $ 120,000 and he paid cash with shares from the first house. Now he will buy a new mortgage at the second house for $ 120,000 and build a third house. The value at the last count is 815,000 dollars and he needs to pay a total of 300 thousand dollars. You can make $ 500,000 profit in 5 years!
Now, what does this story tell us? # 1 - It says "work hard". # 2 - Open your eyes. # 3 - Use shares. # 4 - Not selling; # 5 - Learn how to become a landlord. # 6 - Being in a thankful place. # 7 - Buy items with limited availability. # 8 - Know the way to investigate owners and repair their property. # 9 - Get your partner's help (spouse); # 10 - Knowledgeable friends can be used to find potential possibilities (I will advise to save the plan and not sell anything) Did).
Can you get a little lesson from this story? I am convinced that I can do it. Think about reading it again. Write down your ideas and work them. Real estate is not that difficult, people! You can do it. Some magical bullets, some ignition plugs and good leaders show you how, you can do it too!
Let's wait a moment with you and me here, OK! Have you really been doing something really well? You know exactly how to do it and you can see the final result clearly in your mind before starting. It is predictable to you. It is almost a second nature, so you are easy to do it. You are almost bored. Your comfort zone is like you can do during your sleep.
I got the method with a certain type of real estate. And I am routinely welcoming those who are afraid of the first step of literally paralyzing. They make excuses, quit it, rationalize the life of the silence and live. They can not trust themselves and can not trust anyone else as an unknown result. This is a malicious cycle. Because waiting for a long time strengthens belief.
I just grabbed them at the collar and brought them to the bank and they told the bankers "qualify me in advance! Then show me how to get out of the door and do something that will change life forever It is to buy the first property, then their fears will disappear and they will serve all those who are ready for aid.
Let me tell you this: If you read the rest of this report and read a book of "magical bullets" your fear is suppressed, you do something and live life It will change. If I can not succeed with what I am trying to show you, something is not always right. I believe that your desire will be your big obstacle. In that case, please read "Think and Grow Rich" on the hill of Napoleon and come back to me.
Let's go back to real estate education? Who is the largest commercial real estate owner in the United States? It is McDonalds Corporation. Yeah, and on top of that, they also have the most precious places for their business types. Research on demographics and traffic volume is extraordinary!
If you plan to open a fast food shop, please put it close to McDonald's. With just the volume of those who McDonald 's already gathers in, or passes by, you meet all the important data supporting the restaurant business. If you have delicious food and service, your restaurant will flourish. Please sell a bit different from McDonald's. We use other people's expertise in evaluating the location of a specific type of real estate.
Now is the principle, the principle is like the law of nature. Natural law always operates in its own way in every situation. It seems to be gravity - it always works! Anyway on the earth.
Therefore, regardless of commercial, residential, industrial or recreational type, it is not a problem in real estate. Look for signs that a serious market survey is done by a key operator and you purchase things that can prosper if there are concerns.
Let's take the example of Home Depot as an example. If the home depot decides to build the site, all housing lots within one mile of the new center will be purchased as soon as the home depot builds! why?
A smart investor knows that Home Depot conducts market research and that the area is prosperous.
Besides that, people will provide employment, pay taxes, provide materials to actually build the neighborhood, people will shop there when the houses are built. The same is true for concerns of Wal-Mart, Lowe & other smart businesses.
You may have noticed this, but please look at it the next time you are driving. Here is what you have to see. Driving from the suburbs to the city, you will notice the side of the road where people travel on the way to the city, such as donut shops, gas station with a convenient coffee center, bagel shop and others. These are business centers of activities in the morning.
On the way home, there is a restaurant where you can enjoy a meal in the evening, such as KFC, Taco Bell, subway, Pizza Hut. That's because people do not go there for breakfast. They are leaving the town on the way home, at night. Placing the restaurant in the wrong place may cause strategically large errors. I think!
Places, places, places are the three most important ones of real estate. That is a very true statement. Residential real estate is attractive in terms of safety, safety and convenience. So please buy a good neighborhood house. There is no noise, no traffic volume, no thief escape path, it is a private environment where children can play without escaping.
Security = close to hospital, police, fire protection for obvious reasons.
Convenience = Access to shops, gas stations, restaurants, small businesses, parks, recreation, major highways, circulate or evacuate as necessary.
あなたは適切な部分に大きな利益を得るかもしれませんが、パンが一杯になるまでに30分かかります。それはどんな種類の再販を提供しますか？もう一つの大きな問題は、忙しい通りに戻ったり、直面するかもしれません。それはしばしば貧しい選択でもあります。騒音、公害、プライバシーの喪失、魅力的なものはすべてここにあります。
買う財産の2つの最もよいタイプは次のとおりです：
1.誰も知らない財産です！ why?あなたには
コンペ。
誰も望んでいない財産！なぜ人々がそれを望まないのかを理解するだけです。
レモンをレモネードに変えることができれば
あなたが正しい魔法の磨きを使用したので、宝石が輝くかもしれません。
不動産では、問題を解決するときに給料を得る。それは事実です！
ここにあなたのための金色のナゲットがあります。これを行うと、あなたの不動産投資のキャリアを突破するでしょう。私はあなたがおそらくできること以外に、この1つのことを行うことによって、あなたが不動産にもっと多くの洞察を得ることを保証します。ゴールデンナゲットはこれです：不動産鑑定コースを取る。飛行機は数週間、それ以上は飛行しますが、クラスの視点や情報は貴重です。ビジョン、アイデア、理解を提供します。あなたはそれをやっていないすべての投資家に優位性があります。
私にはインストラクターがいました。インストラクターは、ストロークのストロークで、私が教えられる特権を持っていました。彼の名前はSteven V.であり、彼は本当に天才です。この男は、不動産投資に自分自身を適用すれば何百万ドルもすることができますが、彼はそのように他の人に教えたり返済したりすることを選択します。彼は人生において非常に快適であり、お金はスティーブンの副産物です。私が授業を終えると、私は仕事に行くために私を雇うことを望んでいた査定官を持っていました。今私は鑑定人として働きたくありません。私はちょうど1つのように思っているので、私はその4週末のコースを取ったのです。そのクラスは私の不動産ライセンスの両方のコースを組み合わせて教えてくれました。その理由は、州法、契約、規制、倫理を扱う不動産クラスです。評価は不動産を評価することに重点を置いており、それが投資家として学びたいものです。
不動産のライセンスは、実際には精通した投資家ではなく、理由は次のとおりです。＃1 - あなたはエージェントであることをすべての売り手に知らせる必要があります。それは倫理規定と開示法です。さて、売り手はあらゆる理由で警戒しており、貴重な時間を浪費して、否定的な反応を克服しています。 ＃2 - あなたがあなたの不動産を売りに行くとき、同じことが当てはまりますが、そのシナリオには、あなたが売っている財産で大きな利益を上げると、人々はあなたの後に来ることができます。専門知識そして彼らは勝つ！
したがって、4年間大学に入学する必要はなく、不動産ライセンスは必要ありません。あなたが必要としているのは、私のような男で、あなたが鑑定学校に行って、今持っているもののような本を読むように説得することです。
それから外出して、弁護士を使ってあなたのすべてのステップを守りなさい。繰り返しますが、これは良い点です。すべての契約に織り込むか、次のような声明を出してください：この契約全体は私の弁護士の承認を必要とします。私は十分にそれを強調することはできません。それは1行のテキストです。それはすべてそれをカバーします。それはあなたに取引を調査する時間を与えます。それはあなたの利益を保護し、あなたがこのビジネスで燃え尽きるのを防ぎます。
ここに私が自分を守るために使うカップルの美しさがあります。
これらは、最初の購入オファーで使用されます：
1. Xの金額または鑑定価額を支払うことを希望する。
（つまり、「私はあまりにも多くを支払うつもりですが、評価が
私が提供したものよりも、私はそれをより安い価格で得るつもりです。分からない
燃えた！ )
2.私のパートナーの承認が必要です。 （私のパートナーはいつも私の妻であり、
それが好きではなかった、契約は無効で、無効、キャンセル、終わった、kaput、finitoだった。 )
今では私の仲間が私の犬ではないと言うものは何もないので、もし消火栓がなければ、契約はうまくいくかもしれません。
これらは、「イタチ句（weasel clauses）」と呼ばれる時点まで中止されたエスケープ句の例です。イタチじゃないよ！彼らはあなたに、何か他の誰かの決定に応じて、取引を取り消す権利をもって何かを最初に購入するオプションを持つための短い期間を与えます。
私は自分自身を守り、財産に関する私の研究をするために少し時間を取るためにそれらを使います。不当に売り手の手を結ぶためにそれらを使用しないでください。公正で、あなたがそれらを雇ったときに素早く動こうとする。
あなたがやっていることは、不動産を購入するための短時間でゼロコストのオプションを作り出すことです。ここで少しトリックですが、私はそれを頻繁に使用しませんが、それは公正な方法で使用することができますので、あなたにナゲットを与えます。プロパティを購入するオファーを書くとき、契約の一番上の行には、バイヤーが誰であるかを示す行が表示されます。特定の場合にはその行に、私は自分の名前と言葉や割り当てを書くつもりです：
バイヤー：Dan Auitoまたは課題
「譲渡する」という言葉は、これは私が他の人に財産を買う権利を与えることで売ることができるということです。汚れたディーラーは、その言葉を忘れてしまった人々を利用します。
ここで私はそれを使用します。不動産では、多くのバーゲンハンターが気を散らしている物件を探します。あなたが知っているのは、フィーダーアッパー、放棄された、非難された、火災で傷ついたものです。私は一歩進んで、死、離婚、移転などの注意散漫な売り手を探しますが、私はその種の財産を専門としていません。
それは盗み、40〜50％オフにすると、そのタイプの不動産を扱い、それを割り当てることによって利益を得る人にそれを割り当てます。
私はそれが問題なのであれば、気を散らされた売り手に常に尋ねます。もしそうなら、私はそれを完全に購入し、それを裏返しにしますが、それを行うにはより多くの費用がかかります。だから私はこれを売り手に説明し、それを使用する許可を得る。私はそれらをスリップしません。あなたが欺瞞によって不動産を習うならば、あなたは惨めな存在になります。自然法はあなたを押しつぶすでしょう。フェアプレー！目的、情熱、欲望は欺瞞によって達成されたり獲得されたりすることはできません。引用符で囲まれた見積もり。あなたがそれを覚えていれば幸いです
別の話に乗りましょう。これはもう一つの素晴らしい例を示しています。この話は、不動産投資以外のビジネス上の利益を持ち、独占的なゲームのような不動産をプレーするためにかなりの金額を抱えていた他のビジネスの成功の結果としての家族に関するものです。力は間違った手で危険です！
だからここに行く。現金の家族とのこのフラッシュは、見過ごされた、または放置された市場を利用する機会を見ている。その市場は旧式のトレーラーパークであるか、モバイルホームパークと言う。
とにかく、ほとんどのモバイルホームパークが存在するようになったのはこれでした。通常、誠実で強い仕事倫理と仲間の愛とが結びついた人は、モバイルホームの設置に適した土地を購入します。人々が動いたとき、彼と彼の妻は彼らを歓迎し、隣人は彼らに挨拶し、コミュニティは確立されるだろう。
私有の所有者は、自分の下水道を掘り、自分の道を切り、公園を眺めるだろう。プール、シャッフルボード、プールテーブル、ミーティングホールを完備したクラブハウスに置いてください。行進が始まると、お互いに結ばれた住人と家族に優しいコミュニティが根付きました。まあ、この完全性の人には問題がありました。彼のテナントはすべて彼の友人であるので、彼はインフレで多くの家賃を上げないように圧力をかけられている。
だから、年間の家賃は公園で非常に低く保たれ、今この男と彼の妻は年を取っています。 Perfect timing for our investors to come knocking and offer our private aging park owner a 2 million dollar price for his 10 acres of mobile home lots. This is a once in a lifetime offer and many park owners cashed out.
What people didn't see was these investors were systematically and methodically doing this all over the place and once they cashed out as many mom and pops as they could, they lowered the boom.
Now they the investors had control of many parks in the same areas and they started raising the lot rents. You see, they didn't have any emotional ties to the residents and they didn't live there, so it was a straightforward business deal: either pay the new higher rent or move.
The residents said, "To hell with you new owner, we are moving." "Well, fine, go ahead," they said. Now the residents started calling around to find another park with low rents but guess who owned those? Yep, our investors did, and those lot rents were going up too. So the mom and pops who didn't sell were full and it would cost on average of about $7,000 to relocate to another park even if they could find a vacancy.
The old folks who had it so good for so long were faced with a new reality and that was that they had no choice but to pay up or move, and moving, in many cases, wasn't an option. These investors exploited a complete segment of the market and made millions and millions in profit and continue to do so today.
It wasn't long after this happened that you started seeing signs saying, "This is a resident owned community." People eventually got smart and started buying that little lot that their trailer was sitting on and they began paying association dues for the clubhouse and security and grounds, maintenance and road repair. The good ole days are nothing but a fond memory.
Life goes on but America did not change for the better as a result of these types of people. Their only purpose was to make money; I believe they will die alone and in misery as a result of their way of life.
So I ask you again, can you be passionate and put your heart into investing in real estate by investing the way our corporate investors did? I think not. Money is no good when you get it by deceitful ways. I encourage you to work at balancing your objectives. Lease optioning, flippers...you are walking a fine line.
Here's a flip side to communal living. This story is a happier scenario, so let's have a little joy here. I once lived in Key West and I lived off base. Well, I thought I lived next door to Noah, and it sounded as though he was building another ark. All summer long, hammers and saws seemed to be making some type of racket, so naturally being the neighbor I was, I got to know the man next door. He never went to work and I asked him one day, "Don't you have a job and he kind of grinned and put his hammer down and this is Mark's story.
Mark and his brother were from the Northeast and they had a 30-room boarding house for college kids there, at something like $300.00 a month. That was about $9,000 a month and they made the parents responsible for the rent payments. Mark would spend his time with his family in the Keys for the nine months that school was in session. His brother was a local up North and he took care of the toilets, faucets, doors and windows. Yes, they had their very own animal house going on there, but Mark factored in the abuse and would spend 2 - 3 months a year, putting the animal house back together while the animals went home for summer break.
Mark only worked three months a year and the house (ark) that he built next to us was a masterpiece; it was beautiful. He was a master craftsman and he loved his work and spent a lot of his time with his family in a wonderful climate. Makes you kind of jealous, doesn't it? Well, don't let it because you can do it, too, but you must get started. Mark was 45 when I met him. I believe he was 25 when he got started, so my advice to you is to get started now!
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