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Real Estate Investing - Do You Take Your Cell Phone On Vacation?

Last week I took my family Up North for a week to a fabulous resort.    We met my other members of my family as my brothers, sisters and parents.   We had the most fabulous weather and we all returned home with wonderful suntans.

I took my cell phone with me since this is the number I have on all of my For Rent Signs in the Wisconsin area.    Out of state investments are handled with Property Management companies.

I have a difficult time handing my properties over to a Property Management company on my locally owned units so my partner and I manage them ourselves for this year.   We may pass them onto a property management in 2010.  

Anyway, my phone was ringing off the hook for rental units.   If you are not aware of it with all of the foreclosed properties all of these people are moving back into our rental properties.    What a GREAT time to own rentals.    The rental market will be strong for the next 10 years.    So go and buy yourself a nice income producing property.   You will be glad you did.

My family members all told me to turn off my cell phone.   My father even took a picture of me doing business on the phone!  LOL

This is a wonderful market for owning rentals and I love to hear my phone ring with tenants calling me to inquiry on renting them.  Needless to say, my cell phone stayed on and when I came in from boating then I would return their call immediately or the next morning. 

 As a matter of fact, I even negotiated a HUGE deal during my vacation Up North.    If I was traveling around a city then I would of turned my phone off however this was at a resort with only my family members present.

cashflow Cindy

Real Estate Investing – lost 168lbs on Biggest Loser

What does Kristen Steede have to do with Real Estate Investing?

After all she lost 168lbs in 5 months on the reality show ‘The Biggest Loser.’

I went to hear Kristen speak yesterday.  She was so moving it made me think of all the challenges in today’s real estate market or any real estate market.  Many real estate investors have stopped investing due to the challenges they have faced.

 Kristen lost 168lbs through sheer determination and will power.

Kristen talked about how she is a firm believer in the law of attraction.   She put it out into the universe stating she wanted to change her life.  Get fit and healthy.  The opportunity came and she grabbed it.  This was a not an easy task for her.  The first day on the farm she worked out like the rest of the days on the farm.   The trainers did not give her a break simply because she never exercised before.  She only had trainers two mornings for a couple of hours.   The rest of the time she worked out with her drive and determination to change her life.

Do you want to change your life with real estate investing?  Put it out into the universe and don’t stop until you succeed.

Real Estate Investing is NO different.  It takes determination to become a successful real estate investor.   We cross many adversities daily.   As Donald Trump and Robert Kiyosaki (rich dad) teach, overcoming obstacles is the key to success.   Donald and Robert both fail then fail again before coming out with a huge success.  Watch the video below and learn from the experts:

http://www.richdad.com/RichDad/trump_kiyosaki3.aspx

Kristen mentioned yesterday; she visualized herself thin every day.   She told herself she was strong, capable and can conquer the world.   She used positive affirmations to continue on her quest to lose 168lbs in five months.  She never looked back only kept moving forward toward her targeted goal.

My congratulations to Kristen Steede for the remarkable journey and her success!

I also use positive affirmations on a daily basis by listening to Marshal Sylver’s Programs.  Tape 6 is all about confidence, expectations out of life and being driven to succeed.  If you are interested in attending a seminar put on by the Millionaire Maker (Marshal Sylver) follow the link below:  Today’s special is you buy Total Prosperity and receive a FREE ticket to attend The Turning Point Seminar.  Here Marshal teachers you self confidence.   Along with this amazing program you will receive a box full of educational mind power CD’s to listen to in your vehicle while driving go work.   

IT WORKS!

http://www.prosperityalliance.com/cindyconradt

P.S.  The best part is getting up on stage and eating FIRE!

cashflow Cindy

Real Estate Investing – Bank Loans

 Real Estate Investing today brings challenges with acquiring bank loans.  My partner and I were denied twice last week by two banks.  So last Friday evening and Saturday, I ponder on how to get refinancing of our Green Bay Single Family Home?

Are you wonder how to get the money for real estate investing?  Are we giving up?

Then I thought about it; I need to contact small banks in the Green Bay area.  If one turns me down then I will call another one.  I will repeat this process until I find one.

Learn the Exact Formula to Achieve Any Financial Goal With Mathematical Certainty from the gurus featured in “the Secret” http://www.thesgrprogram.com/?m=49f85564b2e21

So Guess, what I am doing today??

You guessed it, calling Banks!!!

I set aside all day today for me to contact banks in the Green Bay area.  I will not allow any interruptions by telemarketers or family contacts until I find a bank to refinance our investment.

                My first step:

·         Google banks in Green Bay Area

·         Pick up the phone and start calling (be prepared for rejection, because the more I hear NO; YES is right around the corner)

·         Asking for 60% Loan to Value (reasonable request)

Key to successful real estate investing is persistence.  Only losers give up!  Winners keep climbing the mountain until they reach the top.

Keep your eye on your target and you will reach it!

Learn the Exact Formula to Achieve Any Financial Goal With Mathematical Certainty from the gurus featured in “the Secret” http://www.thesgrprogram.com/?m=49f85564b2e21

 cashflow Cindy

Real Estate Investing – Raising Section 8 Rents

I started in Real Estate Investing about three years ago.  The first duplex my partner and I purchased together was a foreclosed property in Green Bay, WI. 

Find Your Life’s Freedom’s! Take Action Now!!

It was in the middle of December.  Yes, it was cold here in Wisconsin.

The place needed quit a bit of work, however, the major work was in the kitchen ceiling.  The owner people thought duck tape would hold a ceiling together.  Well, he was wrong…….

 Through many counter offers we did get the offer accepted.

We did a home inspection and found out the upstairs unit had a fire.  The fire department had punched a hole in the roof in order to come in with their water hoses.   We went back and did get a lower price due to the fire that had occurred earlier.

After months, we finally had the place rent ready.  A Section 8 tenant approached me on renting the upstairs.  At this time: I know little about Section 8; who they were or there rules and regulations.

We filled out the paper work and the upstairs unit did pass the Section 8 inspection after a few minor repairs were needed.  The tenant moved into the property. 

Before long the one year lease was coming up; and Section 8 came back out to inspect the unit.  Again, a few minor repairs was needed in order to get the unit to pass again.  However, this time I requested a rent increase since the rents were low.

I found out; in order to get a rent increase to pass; the request needs to be submitted two months before the lease expires.

This year, I was prepared; the new lease with the rent increase was submitted two months prior to the lease expiration date.

A great product to purchase is John Dessauer’s Property Management course.  Without excellent property management skills you will have a difficult time building wealth with your rental units.

 Find Your Life’s Freedom’s! Take Action Now!!

Keep reading my blog on real estate investing this is free real estate education from a professional real estate investor.   Post any questions or comments.

Cashflow  Cindy

Real Estate Investing – Are You Managing Your Own Property?

This is an interesting question?  If you answered YES, then you are learning and growing as a Landlord and also a Real Estate Investor.

Managing your own rental property has many advantages and disadvantages.  The disadvantage is your wasting quit a bite of time managing vs. out making money!  However, I recommend managing properties for one year.  This year experience is more valuable than any book you can read or any seminar you attend on Managing Rental Property.

This program can be purchased for $49.00.  (This program is Worth More than $49.00) 

If your interested click on the link below to view:

Find Your Life’s Freedom’s! Take Action Now!!

I started to have all of my tenants sign a drug disclosure stating NO drugs allowed on premises.  If they do drugs or anybody on the premises is doing drugs then we have the authority to evict immediately!

I currently have an odd situation on a side by side duplex.  Both tenants are single moms on Section 8 Housing.  They both have many similarities and putting the two together we thought they would get along wonderful since they have much in common.

The one tenant is complaining about the other tenant smoking pot.  I contacted the tenant and instructed her we are getting complaints on smelling pot.  This tenant instructed me she does not do any type of drugs.  We had along discussion on drugs prior to moving into the property. 

She instructed me her and the tenant went out to the bar last night together.  She comes over to her apartment and they drink coffee and chat.

Interesting enough, this same tenant who is complaining about the other tenant doing drugs complained about the previous tenant.  The previous tenants were a husband and wife with a high school student.  Very Nice Family who were well respected in the neighborhood!

When you own multi-units the challenge is getting tenants to get along together. 

Our job as landlords is to be private investigators to figure how who is telling the truth and who is not.

More to follow on who is telling the Truth and who is Lying……..

John Dessaurer has an excellent Management Program on cd’s.  John is a Millionaire who made his fortune buying large Multi-Units.  He is an excellent teacher who sells his information way below other real estate gurus.  He is selling this program at a ridiculous low price.  I took his Multi-Unit Class and own his programs.  His fee is extremely low compared to the other real estate programs on the market.  Don’t equate his low price with quality.  His programs are Quality at a ridiculous low price.

This program can be purchased for $49.00.  (This program is Worth More than $49.00) 

If your interested click on the link below to view:

Find Your Life’s Freedom’s! Take Action Now!!

Real Estate Investing – Its time to remove the word “CAN’T” from your vocabulary!

Or even the thought of the word “Can’t”

http://prosperityalliance.com/cindyconradt

Read this email below somebody sent to me regarding purchasing Real Estate in today’s market below:

 You have to have money to buy and I don’t have money!! And the banks wouldn’t give me any if I tried! We lost so bad on the last house that we not in a good financial situation right now. I still have my job though so that’s a good thing or I might be selling house. Might be doing it anyhow!!!

http://prosperityalliance.com/cindyconradt

How many negative thoughts do you see in this email?  In order to overcome challenges in your life you NEED to start thinking differently!  Ask yourself, the question, How can I get a loan or what other means of acquire money are available to me.

Let’s brainstorm at some of the techniques they did wrong from your own experiences.

·         Paid too much for the property on front end (biggest mistake)

·         Rehabbed the Property themselves (took over 6 months to rehab)

·         Long Holding Cost

·         Spent too Much Money on Rehab (didn’t figure rehab cost on front end)

Ask yourself the Question? 

 Instead of Quiting, ask yourself, What did you learn from this experience?

 Did you ever hear the expression fall forward quickly?  This person has fallen and refuses to get up.  This is the worst thing you can do as a Professional Real Estate Investor.

Learn from your Mistakes:   Get back up and NEVER make the same mistakes twice. (I’ve made many many mistakes and I’ve out buying real estate and I will continue to buy real estate)

Remove ‘Can’t; replace with How Can I?

Listen to Marshal Sylver’s ‘Turning Point Seminar’ for FREE.   Learn to remove ‘Can’t’ and all negative thoughts from you unconscious mind forever!

http://prosperityalliance.com/cindyconradt

Look for FREE e-book on How to Fund your Real Estate Deals within the next week!

 I enjoy the Game of Real Estate!  You should too.

First time home buyer!  Now is the time to get in the market

By JJ Childers

As we all know, over the last 18 months most of the news regarding the real estate market has been all doom and gloom. This news has been especially sour for home sellers and buyers who purchased expensive homes only to watch their equity disappear once the bubble burst. But, if you’ve been on the sidelines since the housing crisis began, now is the perfect time to get into the market, especially if you are a first time homebuyer.

Check out these Cash Flowing Deals:

 http://serene.ewimultiplestreams.com/index.php?base=featured 

There is one group of winners in the current housing market: first-time home buyers. Prior to the housing bubble bursting, many would-be buyers were envious of their friends who could afford to purchase large homes. Today, the tables have turned and these former would-be buyers are now faced with a market that is tailor-made for them.

According to recent statistics from the National Association of Realtors, first-time home buyers made up 41% of all home buyers in 2008. This figure is up from 36% in 2006.

So, why is now a great time for first-time homebuyers? There are three reasons, the first of which is obvious: lower home prices. Since 2006 home prices across the country are down about 25% according to the S&P/Case-Schiller Index. In some markets such as Phoenix, Miami, and especially Las Vegas, prices have dropped as much as 40%.

Secondly, with so many foreclosures and many banks desperately trying to get rid of properties they now own, many lenders have offered lower mortgage rates. This also makes homes more affordable for first-time buyers.

And finally, the tax credit for first-time home buyers as drastically improved in the new year. In 2008, first-time buyers were entitled to a $7,500 tax credit, but there was a catch: The tax credit was really a 15-year-zero-percent loan. Even worse, if the homeowner moved out of the home prior to 15 years the entire tax credit was due to be paid back immediately. In 2009, however, the tax credit has been increased to $8,000, and it no longer has to be paid back. In closing, Brent, I’d listen to your parents and start looking for your first home today!

Real Estate Investing - In order to achieve we must first Believe!

http://prosperityalliance.com/cindyconradt  (FREE Seminar on video)  Enjoy!

Last weekend my sister and I attended Marshal Sylver’s “Turning Point” Seminar in Chicago, Illinois.  What an amazing experience.  Everybody ate Fire!

Yes, Everybody in the audience went up on stage and ate Fire!  My sister didn’t tell me until after it was over with how fearful it was to her in her mind.   

One lady was so scared she ran off stage.  After everybody was done eating fire.  Marshal brought her back up on stage and walked her through the process.  She was extremely emotional afterwards and broke down in tears.

We were a small family cheering everybody on.  An 11 year old boy attended the seminar and had no fear when he went up on stage.

Marshal is called the Millionaire Maker.  After attending the seminar I understand.  He understands how we think and teaches us to think clearly  about our paths to success.  Concentrate on our goals/paths and keep all negative thoughts out.

Click on the link to hear the seminar for FREE!  Excellent Opportunity!  Enjoy!

http://prosperityalliance.com/cindyconradt

To be a successful real estate investor you must keep all negative thought out of your mind and only think positive thoughts.  My family thought I was crazy and wondered what does this have to do with Real Estate Investing.  The answer is, CONFIDENCE.  Real Estate Investing is all about Confidence.

Real Estate Investing – Section 8 (part 2)

My brother asked me last week how he can get Section 8 families into his units.  The answer is you can contact your local housing authority and submit your name on their list.  Whenever, they have applicants they provide a printed sheet of landlords who do accept housing.  Is this a guarantee you will get a call from a Section 8 family?  The answer is No.  The families choose where they want to live.  Otherwise, the Section 8 families will find you through your signs and advertising.

Tip:   Education is critical to your Real Estate Investing Success!  Join your local Real Estate Investors Group

Housing will not inspect your property unless you have a prospective tenant!  Once the leases are signed and housing agrees the monetary rent amount fits their guidelines.  They will mail you a letter in the mail on an inspection date.  Brown County takes around 4-6 weeks to schedule an appointment.

I had a single family house inspected last Monday and a unit in a side by side duplex inspected yesterday.  I am waiting to receive the paper work on my inspection from last week.  Brown County mails all inspections reports to the landlords.  They will no longer tell us during the inspection if the unit passes or fails.  Brown County is swamped with applicants as Outagamie County.

Remember to order Zig Ziglar’s Goal Setting audio.  Its a small investment for you to learn how to write your GOALS for 2009 on Real Estate Investing.  If you don’t have a path or direction for yourself then you will help someone else achieve their dreams and goals.  If this what you want?  Listen to 3 FREE audio’s

Without clearly defined goals, you simply can’t achieve the success you want! In Goals, world-renowned motivator Zig Ziglar guides you through a clear, beautifully organized ’success trip.’ Along the way, you’ll learn how to recognize and set your goals. You’ll learn techniques for finding extra time you didn’t think you had and for cutting down big goals to easy-to-handle size. Now you can take advantage of this all-important opportunity to write your ‘business plan for life.’