How to Create the Freedom Lifestyle through Real Estate Investments.

How to Create the Freedom Lifestyle through real estate investments.

Would you like to learn the secrets of creating a Freedom Lifestyle with Real Estate investments? Then listen to this weeks podcast as I interview Mike Wolf, Real Estate Investor.

• Mike Wolf has been a real estate investor for over 28 years. Over the years he’s gone from being a workaholic who would put in 15 hour days 7 days a week to being someone who works smarter not harder. He regularly travels the globe doing humanitarian projects and also seeking sun and sand while living off the passive income that he has created through real estate.

But before I share Mike’s advise with you, let me give you my tip of the week. Because I know you really want to know how to get rich!!

You can read the full article here:

7 Steps to become Rich

How To Get Rich: A 7-Step Blueprint For Success

Step #1 — Add Massive Amounts Of Value

Go out there into the world with the desire to add massive amounts of value?.

Step #2 — Be Grateful

It’s really easy to look at certain strategies and techniques in business or in life that will help you make monumental leaps forward, financially speaking. But that doesn’t take into account one of the most important ingredients for success. If you’re serious about succeeding at the highest level, be grateful. Not tomorrow. Right now. In this very moment. Why? Because it could all disappear in an instant. Appreciate what you have while striving for more.

Step #3 — Get Specific About Your Goals

Getting wealthy or attaining a certain level of income is just like achieving any other goal. To get there, you need to ensure that you set those goals the right way. Set SMART goals and be very specific about them. Don’t set them arbitrarily in your mind. Write them down and come up with powerful reasons why you absolutely must achieve them. That’s one of the biggest and most potent internal transformations that you could make in your mind.

Step #4 — Create And Follow A Plan

When an airplane leaves from one city to the next, it has a plan. Its plan is called a flight plan. It’s a massive action plan that involves speed, altitude, direction of travel and many other facets. But what happens when there’s turbulence or air-traffic congestion or it needs to change course for some other reason? The plane changes its plan. But it doesn’t change its goal of where it’s going. Create and follow a plan, and don’t be afraid to change it if you see something isn’t working.

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Step #5 — Pay Yourself First

We’ve all heard the saying. Pay yourself first. But how many people follow it? The truth is that most of the world lives with a scarcity mentality. They go paycheck to paycheck, petrified of what might occur if they get sick or lose their job or something else traumatic happens. The truth is that if you don’t pay yourself first, you’ll never be able to get rich. It’s part of having an abundant mindset and should be prioritized at all costs.

Step #6 — Mind Your Own Business

While it is possible to make a lot of money while working for someone else, the truth is that you should mind your own business. Start and grow your own business, no matter what it might be. Identify what you’re really good at, and develop the skills into a business that you can expand over time. Don’t look for instant payouts or overnight riches. The reality is that it’s going to take time, so you might as well start now.

I wrote an Ebook called “How to Mind your own Business, While working your Day Job”

Download your FREE eBook here:
http://myhelps.us/

Small Business: How to Mind your Own Business while working your day job

Step #7 — Contribute To Others

The last step resides in the concept of contribution. Even if you have no money, find a way to contribute to others. Look for opportunities where you can help those around you. Whether they’re in need or not, this mindset will drive home the point that you have more than you need, even if you physically don’t. Search for ways, every single day, where you can contribute either your time or your money to those who might be less fortunate, because that’s the true essence of success in every form.

Also click the link below to hear from Tony Robbins on how to create Wealth and Lifestyle

Learn the secrets to true wealth, abundance and financial freedom at TonyRobbins.com.

Show Notes:
1. Question 1: Can you tell our audience your journey from being a 15 hour per day 7 days a week workaholic to living off passive income and travelling the world.
2. Question 2: As an investor for 28 years, what are some things you have learned that work and some that don’t work.
3. Question 3: How does someone get started as a real estate investor?
4. Question 4: What would you say are some of the biggest myths in real estate investing?

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Question 5: How do you show potential clients that trading their time for dollars is not worth it?
What does your company do for investors around the world?

My company buys real estate in bulk 20 to 40 at a time for a great package price. We sell the properties that are not worth rehabbing to the Hedge Funds and then team fixes up the rest of the properties and have them ready for a turn key operation for our investors.

Question 6: What is the strategy for living Freedom Lifestyle through real estate investments?
Our strategy is to have the renters become potential home owners and give them a 3 year lease with the option to purchase. They then take care of the property as if is is their own so we have less vacancies and move outs.

1. Can you tell our audience about your webinar on how to create turn key properties?
How can our audience sign up for it?

Here is the link to sign up for Mike’s webinar

mikewolfproperties.com/webinars/turnkey-properties-in-atlanta-live/replay/

Please subscribe, rate and review if you liked this content.

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How to Invest in Real Estate with No Money

How to Invest in Real Estate with no Cash

This week on the Fund, Fix and Flip Real Estate Investment series, Trainer Trevor Evans teaches How to Invest in Real Estate with No Money.
In this segment Trevor teaches our listeners on the following:
1. What are some strategies to purchase real estate with little or no cash?

2. What does Hard money lenders look for in a good deal?

3. How do you make your deal attractive to a Hard money lender?

Strategies to use other people’s money to fund your real estate investments:

1. Using your credit cards to fund your deals. The more credit you have the better off you are!

2. Hard money Lenders. Hard money lenders look at the asset and not at your credit score.

3. Borrow money from friends and family. You convert them into Hard Money lenders and pay them a good interest rate.

4. Borrow from your Whole Life Insurance policy.

2. Take a loan from your 401K.

3. Take out an Equity line of credit on your personal house.

The commonly used strategy in real estate investing is the use of a Hard Money Lender.
So, if the Hard money lender does not look at your credit, what does he look for?

1. Your expertise. Most Hard money lenders want you to have 3 investments under your name. This does not include your personal residence.

2. The ARV or after repair value. The property must have equity before the deal is made.

3. How did the property come on the market. Eg is it a Foreclosure, short sale or probate.

4. What is your exit strategy? Are you buying to hold or buying to rehab and Flip.

5. How long you need to complete rehab work.

6. How much is the estimated cost of repairs.

Hard money Lending

Tip of the week:

Confessions of a Hard Money Lender -And Why We Hate Hearing “I Need 100% Financing”

Make no mistake, hard money lenders need borrowers to deploy their capital and get a return on investment for their capital partners. They often enjoy repeat business – real estate investors aren’t typically one-time borrowers, so asset-based lenders like hard money lenders or private money lenders value the business relationships they develop with quality borrowers.
One way to invest in real estate with no money down or little or no cash is to borrow from Hard money lenders who charge high interest for short term loans. When hard money lenders provide a loan, they want to be confident that the borrower is able to repay the loan on time. If the borrower isn’t able to pay back the loan, this creates a great deal of extra work, stress and potential financial loss for the lender. A strong borrower with a significant down payment (or equity in the property) and cash reserves has the best chance of obtaining a hard money loan and succeeding with their real estate project.

Sponsor AD : Myhelps Real Estate Investment Services
Are you looking to invest in the south Florida or Fort Myers market? The time is ripe for investors. Call Myhelps Real Estate investment Services LLC at 954-999-6125 for all your Sales, Rentals or Property Management services. We are licensed in real estate and property management and will buy or lease your house. Don’t delay, Call today 954-999-6125 or contact us @ http://myhelps.us/contact-us/

Looking for a Hard Money Lender? Here is an article from Connected Investors on how to get bids on your project.

real-estate-investing-funding-portal-

Connected Investors, the world’s largest real estate investors network and marketplace, today announced the launch of the first centralized real estate investment funding portal, CiX.com. The technology allows real estate investors to quickly and easily submit their deals to a network of asset-based lenders, ensuring the best terms for loans on their investment properties.

Subscribe to the Transform you Mind podcast with Coach Myrna to get notification of all shows, Life coaching tips as well as Real Estate Investment tips and strategies.

Real Estate Investment: Fund, Fix, Flip series – Are Rental Properties worth the Headache?

Real Estate Investment: Rental properties

Episode 2: Real Estate Investment, Rental properties: Fund, Fix, Flip series – Are Rental Properties worth the Headache?

Joke of the day:
A young woman, pursuing a graduate degree in art history, was going to Italy to study the country’s greatest works of art.
Since there was no one to look after her grandmother while she was away, she took the old lady with her.
At the Sistine Chapel in the Vatican, she pointed to the painting on the ceiling. ‘Grandma, it took Michelangelo a full four years to get that ceiling painted.’
‘Oh my, ‘the grandmother says.
‘He and I must have the same landlord.’

A few weeks ago I interviewed my co host Trevor Evans on the topic “The path to Financial Freedom” We received such an overwhelming response to that topic that I decided to have a spin off on Real Estate Investing. This is episode #2 in the series: Real estate investing “Funding, Fixing and Flipping. Is Owning a Rental worth the headache?

As a realtor for over 17 years, investing in rental properties has been my space up to this point. I own several rental properties and I also manage several rental properties.

My co-host for this podcast is Trevor Evans: Speaker/Trainer for Legacy Education Alliance and Rich Dad Education. Trevor is also an Entrepreneur, Real Estate Investor. Banker and Founder of Personal Awakening Brand “Being Normal Sucks.”

I met Trevor earlier in the year when I attended a Get Motivated Seminar and signed up for a 3 day real estate investing seminar. I met my co host Trevor Evans at this program and let’s say his vast knowledge on the subject of investing in real estate opened my mind to new opportunities.

I didn’t know what I didn’t know!

Real estate blog

His knowledge base was extensive. I immediately enrolled in the Legacy Education Alliance investing in real estate training program.

This week’s tip:
What is your best choice as an investment? From the book “Your money and how to keep it by Brian Costello”

Real Estate will be a natural choice for many as an investment vehicle. Generally, real estate can be counted on to rise in value over a period of time. If you want short term investments, you can use short term investment vehicles like treasury bills. Other options are gold, commodities and the options market. Small investors are now also switching to Mutual funds because they offer a great deal of flexibility, and they can be cashed in at any time.
So, the best investment choice depends on your country laws as it relates to Capital Gains tax vs interest tax. In the USA and Canada, interest is taxable while you can make a lot of money tax free with capital gains.

Todays episode of Fund, Fix and Flip is sponsored by Myhelps Real Estate Investment Services.
Are you looking to invest in the south Florida market? The time is ripe for investors. Call Myhelps Real Estate Investment Services at 954-999-6125 for all your Wholesale or Rehab purchases, Buy and Hold Rental properties or Property Management services. We are licensed in real estate and property management services and can also buy or lease your home. Don’t delay, Call today 954-999-6125

In episode 2 of our series “Real Estate Investments: Fund, Fix, Flip” episode 2 we are answering the question “Is Owning a Rental worth the headache?”

Rental Property Headache

Show notes:
What are you doing that is causing the headache?
1. Not properly screening the tenant.
Most investors are stressed to put a tenant into a property because it costs to have a vacant property.
That is the underlying reason that they short the screening process or decide to take a risk with a tenant.

2. Not understanding the renters mindset
A renter does not have an owners mindset to take care of a property.
The environment the rental is living in determines the mindset of the tenant.

3. Know your tenant
That allows you to skip inappropriate steps.

4. Understanding the positive cash flow cycle

5. Buy only properties that need remodeling instead of renovations

6. Setting up warranty or replacement work directly with local scratch and dent shops

7. Paying a flat fee to a Property Management company

Some resources for Real Estate Investors:
BiggerPockets: The Real Estate Investing Social Network. There are many free articles and forum threads all for free on how to get started in real estate investing.

https://www.mashvisor.com Use analytics to find lucrative traditional or Airbnb properties in a matter of minutes.

https://myhelpsrealestateinvestments.com/ – list of off market properties at discounted prices in Fort Myers, Fl and West Palm beach, Florida

True Wealth: The PATH to FINANCIAL FREEDOM

What is True Wealth
The path to Financial Freedom

The path to financial freedom comes from the quality of our lives. This is true wealth.
True wealth does not depend on how much we accumulate, save, or spend our money.

True wealth comes from who we are on the inside, and not by what we do, or what we have.

We cannot measure our self-worth by our net worth!

The first step to financial freedom is to make the mental shift, that your world in here, will be reflective of your world out there.

This week on Mindset Transformation radio, I interview Trevor Evans, teacher/trainer in real estate investments.

Here is a tip of the week from coach Myrna:
There are 2 types of people in regards to wealth, one who is magnetized and full of confidence and know his potential, and the other is demagnetized and full of fear and doubt, and he tells himself I will fail, I could lose my money, people will talk about me behind my back etc. So, he does nothing. He takes no risks!

As you have probably figured out, the demagnetized man will never get very far.
I love the parable Jesus told about the man who was going on a long trip. He called his servants and entrusted his money to them while he was gone.
He gave 5 bags of silver to one, two bags of silver to another, and one bag of silver to the last.
The servant who received the five bags of silver began to invest the money and earned five more. The servant with two bags of silver also invested and earned two more; but the servant who received one bag, dug a hole in the ground and hid the master’s money.
When the master returned, he was full of praise for the two servants who invested his money and increased it; but the servant who gave him his money back with no increase he called “wicked and lazy.”
The moral of the story was to those who use well what they are given, even more will be given to them; but those who take no risks and do nothing, even what little they have will be taken away.

What is True Wealth

There are 3 honest ways in this life to get money.
1: The first is to work for it. The common consensus is that with a few exceptions you can never become wealthy working for someone else.
2: The second way is to inherit it. For most of us, inheritance is not a sure bet.
3: The third way to make money and the most powerful way, is to invest it. Let your money work for you. Compound interest is one of the most powerful tools in the accumulation of wealth. Let it work for you. Do you know if you put $2000 in your 401k at 21 years old and let it grow with an annual compound interest of 10%; at age 65 it would have grown to over $1,000,000?

I love this article from Inc.com

Financial freedom in America

Nassim Taleb said, “The three most harmful addictions are heroine, carbohydrates, and a monthly salary.” But salaries, fed through cubicle farms, are worse than addiction: salaries are slavery. While starting a company may emancipate you from salary slavery, most founders are enslaved to their startups — trading family time, personal health, and happiness for late nights, long commutes, and stress. So where’s this freedom in the Land of the Free?

This week on Mindset Transformation radio w/ coach Myrna and podcast, I interview Trevor Evans, Speaker/Trainer. Trevor is going to talk about the mindset of an investor, what you need to do to think like an investor and not an employee as well as some foundational tools of real estate investing.

Our sponsors for this episode are A&C Limousine service and Young Real Estate Investment services.
When in the greater Toronto area and ground transportation is needed, look no further. Contact A&C Limousine service for your luxury ground transportation. We will get you there safely and on time. Call 416-892-8336 and ask for Colin.

Are you looking to invest in the south Florida market? The time is ripe for investors. Call Young Real Estate Investment Services at 954-999-6125 for all your Sales, Rentals or Property Management services. We are licensed in real estate and property management and will buy or lease your house. Don’t delay, Call today 954-999-6125

Show notes:

• Topic: What is True Wealth: The Path to Financial Freedom
1. Question 1: Tell us of your path to becoming a Speaker/Trainer for Legacy Education Alliance and Rich Dad Education.
2. Question 2: Before you become an investor, what mindset shifts must you overcome?
3. What I love about the Legacy training is that it focuses on understanding the market and how to use money and not just on the brick and mortar of Real Estate investing. It covers using credit card as an asset instead of a liability. So that is the first mindset shift I think we should discuss.
4. What is the second mindset shift you think is important to acquiring wealth?
5. If someone listening to this show wants to start investing in real estate, what advice would you give them and where should they start.
6. When I took your class, you spent the first 2 hours totally letting us wait for the information you know we all wanted to hear but you spent time teaching about Abraham Hicks vortex and frequency. Why was that important?

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Namaste