Real Estate Investing with No Money

Real estate investing with no money

Real estate investor, Trainer Trevor Evans, teaches, how to invest in real estate with No Money. Trevor teaches, how to get funding for your deals, fix and flip,  your, investment properties, and, how to flip a house.

Watch the YouTube video to learn how to Invest in Real Estate from a, Rich Dad, real estate investor.

What you will learn about Real Estate Investing in this motivational video:

1. What are some strategies to purchase property for your,  real estate investing, business with little or no cash?

There are several way to do this. You can max out your credit cards, you can set up a lease to own deal, you can get seller financing.

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

They look for the ROI or return on investment

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

Show that the resale value is at least 40% higher that the investment.

Strategies using 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 to start your, house flipping, business.

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.

You need a, Hard money lender, for your, real estate investing, business. A money lender does not look at your credit, what does he look for?

1. Your expertise. Most, Hard money lenders, want you to have three 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? Is your, exit strategy, to, buy and hold, or, fix and flip?

5. How long you need to complete rehab work.

6. How much is the estimated cost of repairs.

 

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Hard Money Lender do not offer 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 investing, 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.

Real estate investing, 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 :

Myrna Young South Florida Realtor

Are you looking to invest in the south Florida or Fort Myers market? The time is ripe for investors. As a realtor, I have access to, off market discount properties, and, wholesale properties, for either your, buy and hold, or, fix and flip, investment strategies. Call  954-999-6125 for all your Sales, Rentals or Property Management services. We are licensed in, real estate, and, property management, and will sell or lease your house. Don’t delay, Call today 954-999-6125 or contact us @ https://www.realtor.com/realestateagents/myrna-young___3322478_080499227

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

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Connected Investors, the world’s largest, real estate investing, 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.

Additional Resources

How to Create the Freedom Lifestyle through Real Estate Investments.

How to Build Wealth with Turnkey Real Estate Investing

How to Win at the Game of Life

 

How do you win at the, game of life? Today I am going to teach on How to be a Winner!!
Most of us were glued to the television for the Olympic games to see the athletes try to win Gold.  But how do these same athletes win, the game of life.
Each and every one of these athletes came to win Gold!

Did you see the interview with Shakur Stevenson? This interview and the race where the Bahamian girl threw herself across the finish line to take the gold from Alison Felix were my most inspiring moments of the Olympics. In the interview with Shakur the NBC reporter asked him how he felt about winning a silver medal? The interview was going good until this question and then Shakur decided not to fake it anymore. He broke down crying saying

“I hate to loose, I wanted to win. The Silver medal is terrible.”

This is our first lesson on “Winning at the, Game of Life.”

Never Settle for Second Best!

In our Podcast today we are going to look::

* How to Be a Winner

* How to Think like a Winner

* How to Act like a Winner

 

We are going to look at winners like Russel Wilson of the Seattle Seahawks.
We are going to look at Mike Tyson and Buster Douglas.
We are going to look at Steve Jobs.

Show notes:
Inspiration story and tip of the week.
Winning at the, Game of Life, some examples.
Acceleration – How God and a Coach can “Accelerate” You
To become a winner you need to be self motivated and need the help of a Life Coach.
Someone to push you when you lack motivation, someone to keep you accountable, someone to help you with the game plan.

The enemy keeps you busy with trivial pursuits to keep you from achieving your goals and purpose.

Here are 3 Principles to Winning at the Game of Life:

1> Physiologically – Is your body in a peak state? Are you prepared physically?

2> Psychologically – Do you have the mental capacity to win? Do you believe you can?

3> Soulfully – Do you believe it is your purpose? Have you tapped into the wisdom of your soul?

For the next 30 days, I will give FREE copies of my book
“Out of the Snares, a story of hope and encouragement”
Just pay for shipping
Out of the Snares, a story of hope and encouragement” is jammed packed with stories of my victories and how
“I won at, the game of Life.”
*From Escaping Poverty and child abuse in my native country,
*to winning as a business person as the top female Limousine operator in Toronto, Canada,
*to winning my USA citizenship,
*to winning twin girls by adoption,
*to winning in Love and relationships!!

Lots and Lots of victories!!.

So download your copy now by clicking the Amazon link below:

https://www.amazon.com/Out-Snares-story-hope-encouragement-ebook/dp/B013C71KHE/ref=sr_1_2?ie=UTF8&qid=1472228401&sr=8-2&keywords=out+of+the+snares

Or contact me on the web for a FREE hard copy. You only pay shipping
https://myhelps.us/contact-us/
Adobe Photoshop PDF

Motivate Yourself with The Power of Positive Thinking

Positive mindset

You can motivate yourself with the 3 P’s Patience Persistence and Positivity.  Learn, how to motivate yourself, with the power of, positive thinking. 

Introduction to Positive Thinking

Synopsis of, Patience, Let’s  say you are stranded in the woods. It is dark and it is cold. You need to make a fire to stay warm and to cook anything you can catch. You find a dry stick and a hollow branch and you set about rubbing the stick and the branch together feverishly. You keep this up, rubbing and blowing patiently hoping to create a spark that could be nursed into a fire. You keep rubbing, and blowing. You have all day and all night….. you have, positive thinking, because if you don’t you will surely freeze to death.

Persistence, – When you get tired you take a short break and then you get back to work. You tell yourself, “The fire will start”.

Soundcloud Transform your mind podcast
Transform your Mind Soundcloud podcast

 

Positivity,  You believe the fire will start. You keep your, positivity, by telling  yourself “I will have fire, I will stay warm, I will have food to cook and eat”. You let none of the negative thoughts that pop into your head linger, you send them back immediately. Negative thoughts such as, you don’t know how to a make fire, you are not a cave man, maybe the bush is wet and it will not light, you will die of hunger and cold because no one will find you.

No.. as soon as any of these thoughts come into your mind, you reject them and send them back!. You keep rubbing and blowing with increased vigor. You tell yourself “I shall live and not die”.

I use this vision to encourage myself when I am working hard and not seeing results. I need, patience, to keep on working hard knowing that one day I will succeed. I need, persistence,  to do it every day and, positivity, to believe that I will succeed one day.

You can do the same. Find an inspirational story and use it as your map. Some real life examples are Arnold Schwarzenegger and Sylvester Stallone. Arnold built his empire and muscles,

One bicep at a time.

Arnold had the, patience, and the, persistence, to stick with his dream of becoming a world champion and playing the part of Hercules in the United States of America. His, Patience, Persistence, and, Positivity, assured him success.

Sylvester Stallone had to sell his dog for $50.00 because he was starving; but he had, patience, to wait until someone offered him the starring role for the script for Rocky, Persistence,  to keep pedaling it to over 1500 studios in New York and the belief and, positivity,  that he will succeed…… and he did.

How to Motivate yourself

You make goals… but then you procrastinate.

You write a to-do list… but then you don’t follow through.

And this happens again and again and again. Seriously, what’s the problem?

You are not, motivated, So how do you, motivate, yourself?

Why are we so good at thinking of what to do; but so terrible at actually, motivate yourself, to actually doing those things?

Procrastination is a mood-management technique, albeit (like eating or taking drugs) a shortsighted one. But we’re most prone to it when we think it will actually help… Well, far and away the most procrastination occurred among the bad-mood students who believed their mood could be changed and who had access to fun distractions. Motivate, yourself so you can leave procrastination in the dust.

How to use, Patience, to, Motivate, Yourself

Meryl Streep on, Patience:

I no longer have, patience, for certain things, not because I’ve become arrogant, but simply because I reached a point in my life where I do not want to waste more time with what displeases me or hurts me.  I, motivate, myself by have a low threshold for time wasters. I have no, patience, for cynicism, excessive criticism and demands of any nature. I lost the will to please those who do not like me, to love those who do not love me and to smile at those who do not want to smile at me. I no longer spend a single minute on those who lie or want to manipulate.

I decided not to coexist anymore with pretense, hypocrisy, dishonesty and cheap praise. I do not tolerate selective erudition nor academic arrogance. I do not adjust either to popular gossiping. I hate conflict and comparisons. I believe in a world of opposites and that’s why I avoid people with rigid and inflexible personalities. In friendship I dislike the lack of loyalty and betrayal. I do not get along with those who do not know how to give a compliment or a word of encouragement. Exaggerations bore me and I have difficulty accepting those who do not like animals. And on top of everything I have no, patience, for anyone who does not deserve my, patience.”

The Power of Positive Thinking

The most famous work of Dr. Emoto was published in 1999 and is called ‘Messages from Water,’ which has sold millions of copies all over the world. In the book, Dr. Emoto explains in detail that what we say, feel, and what we listen to has an effect on water. The research clearly shows how the power of, positivity, can transform anything in our physical reality. He uses water as an example. Since human beings are made up primarily of water (60-75% depending on the source), water has a direct effect on us.

Dr. Emoto placed rice into three glass beakers and then fills the beakers with enough water to submerge the rice. To the first beaker, he states the phrase (in Japanese): “Thank you,” “You’re an idiot” to the second, and ignores the third.

A month later, the rice that was thanked fermented and gave a pleasant smell. The rice that was affronted turned black. Finally, the rice that was ignored began to rot. These depictions of the rice are clear in the video of the experiment.

In the end, Dr. Emoto is pictured explaining that how we treat children is especially important. According to Emoto, we should take special care in how we interact with them and ensure that attention is given. He explained that indifference does the greatest amount of harm, as demonstrated by the third beaker of rice in the video. It’s amazing how the jar with positive words was still white and fresh, when in our reality we would at least believe that it would definitely start to go bad. Amazing! That’s the power of, positivity, at work.

Additional Resources

https://blog.myhelps.us/principle-4-have-a-positive-mind-set/

https://blog.myhelps.us/program-positive-change/