In real estate circles, "no money down" is a buzzword.
It's appealing, especially to beginners, because it suggests you can start investing without having much (or any) cash. But here’s the reality: the wealthiest people I know don’t talk about “no money down.”
Does that make “no money down” strategies wrong?
Not necessarily.
But just because you can buy real estate with no money down doesn’t automatically make it a good deal.
The truly wealthy focus on business fundamentals and financial metrics like:
They’re running well-oiled machines.
Why?
Because a well-run business will always outperform a well-run investment in terms of monthly cash flow.
It took me years to understand this (I’m a slow learner), but it’s a...
Your best friend calls you with an exciting invitation:
“We’re leaving in 2 days to go to your favorite city to have a little fun…wanna go?”
You’re tempted, but your schedule is jam-packed.
Five full days of work loom ahead, and you only have two days to finish it all if you decide to go.
Yet, you say, “I’m in!”
In this moment, you switch your internal “work throttle” to “get efficient and make it happen” mode.
Surprisingly, you complete all five days of work in just two days, with time to spare.
How did this happen?
Enter Parkinson’s Law. This principle states that “work expands to fill the time available for its completion.”
Essentially, whether you have one hour or eight, the same task will take the same amount of time if you allow it.
So, how can you harness this concept to achieve remarkable efficiency?
Here’s a roadmap to make it happen:
Battery technology is advancing at an unprecedented rate, and the latest innovations could bring major opportunities for savvy investors.
One of the most exciting developments in this space comes from Samsung, which has recently unveiled groundbreaking progress in the field of solid-state batteries.
This could revolutionize the electric vehicle (EV) industry and open up some lucrative doors, particularly for those with a keen eye on precious metals like silver.
A little over six years ago, I bought my first Tesla, and it’s been hands down the best vehicle I’ve ever owned.
However, despite all its benefits, there are a few challenges that electric vehicles still face today:
Let me explain...
This is a powerful lesson that made total sense to me the first time I heard it.
When a crab fisherman sets a trap, they put a little bait in the bottom of the trap.
Then, crabs flock to the trap and eat the bait.
Here’s the crazy part...
Crab traps don’t have a top.
So, when the bait is all gone, do the crabs just crawl back up to the top and leave?
Well, they try.
But they are unsuccessful.
Here’s why...
As soon as another crab sees a crab trying to leave the trap, they reach up and pull the escaping crab back down.
The other crabs will not allow them to leave.
It can even get violent enough that the crabs will tear the legs off the crabs trying to escape if they need to.
It’s an easy catch for the fisherman.
As long as you have two or more crabs in a crab trap, they will never escape.
What does this have to do with you? A lot...
Anytime you try to accomplish anything “out of the ordinary” and leave the “crab...
Most people underestimate themselves.
And not by a little... but by a lot.
They don’t realize what they're truly capable of.
Let me give you an example.
Think about something you’ve been wanting to accomplish for a while but haven’t.
It doesn’t matter what it is.
It could be something big or small.
Either way, you haven’t done it yet.
Why?
Probably because there are one or two parts of that you don’t know how to do or you’re afraid it might not work out.
When I talk to people about their goals, it’s always the same things tripping them up:
Let’s break it down.
Make a list (write it down) of everything bad that will happen if you fail:
Was death one of them? 99.9% of the time, it’s not.
I used to ride motorcycles.
Mainly because I liked doing wheelies...
In 2009, I decided to escape the harsh Illinois winter and moved into a hotel in Tampa, Florida, for 3 1/2 months.
What I anticipated would be an enjoyable retreat from the cold turned into a much quieter experience than expected.
I quickly found myself with plenty of free time on my hands and a burgeoning curiosity about the hotel industry.
The hotel’s owner, a kind and approachable man, became my impromptu mentor.
We spent countless hours at the front desk discussing the ins and outs of running a hotel, especially during a recession.
The economy was in free fall, and the insights I gained during these conversations were invaluable.
The owner had purchased the hotel at the peak of the market in 2004.
His purchase price was based on an optimistic projection of 90% occupancy at $200 per night.
Fast forward to 2009, and the reality was starkly different: occupancy had plummeted to 30%, and room rates had dropped to $70 per night.
The financial impact was devastating.
It...
That's a question I ask myself on a regular basis.
In business, I discovered that as long as I was the "magic" in every deal, I would always have to be involved in every deal.
This realization led me to a pivotal decision that transformed my approach and, ultimately, my life.
I clearly defined "simple deals" that I could teach my team of virtual assistants (VAs) to handle without my involvement.
That was the domino I knocked over that pushed the rest of them down.
By empowering my team to manage these straightforward transactions, I freed myself from the constant need to be hands-on in every aspect of my business.
This shift allowed me to focus on higher-level strategies and personal growth, rather than being bogged down by daily operations.
Some might argue against my approach, saying, "But you're passing up on novation deals, creative financing...
Want to elevate your financial status to an entirely new level?
There’s just one crucial element you need to grasp and master: your personal creativity in transforming liabilities into assets.
No, this isn’t about cash-flowing a house or any typical investment strategies.
It’s about a revolutionary mindset shift that can set you free forever once you understand and apply it.
The Power of Creativity
The key to financial freedom lies in how you perceive and utilize what you already have.
Most people view liabilities as burdens, but what if you could flip that narrative?
What if you could turn those liabilities into assets?
Imagine the possibilities when you start to see every liability as a potential asset.
This shift in thinking can open up a world of financial opportunities.
"THERE IS NO WAY POSSIBLE YOU CAN WATCH THE TRAINING AND NOT HAVE YOUR WHOLE WAY OF THINKING CHANGED."
That’s a bold statement, but it’s true. The concepts I shared have the...
You've done everything right.
You’ve invested heavily in marketing to generate leads, paid for the best skip tracing and data, employed virtual assistants to aid with lead generation, and meticulously sorted through your leads.
Yet, despite all this effort, your offers aren’t being accepted.
It’s frustrating, to say the least.
It's Not Your Leads - It's the Market
First things first: understand that the issue isn’t with your leads.
You’re in a highly competitive market.
If you’re not excelling in negotiation and sales, you’re going to struggle.
Here’s why.
The Importance of Knowing Your Seller’s Personality
One critical mistake many make is treating every seller the same.
Within the first few seconds of interaction, you need to identify the personality type of the seller.
This is crucial because speaking to a High D (Dominant) personality like you would a High I (Influential) or a High I like a High C (Conscientious) can be...
I talk to a LOT of investors each week...
Many of them say the following:
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