Beavis and Butthead Fan ?? I was/AM !! Beavis is, always, bugging out, but ready to go ! He and Butthead are, always, true to their visions and goals, no matter how ridiculous AND hilarious !! They're kids - NOT afraid to chase their fantasies and dreams. Me ? Gone through the frantic, freaking out, phase through the realization that my knowledge is solid and my ambition to learn and grow is stronger than ever ! I don't make all the same, stupid, mistakes and the need for tacos for my bunghole have, mostly, passed. Yeah, I've come full circle in the realization that real estate is something I'll NEVER let go of !! Mik
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We all do it -
It teaches us "truths" and misleads us Sends us in many directions We watch everyone all the time - even if you don't think you do, you do You like Tony Robbins, Chet Holmes, Rocky Balboa, Chung Le, Bill Gates....whoever, so you watch them Listen to them and learn from them - because you model yourself after them - even if you don't think you do, you do When we watch, we learn - because it helps us to find ourselves I could drag this on, create more analogies and circumstances - but you know what I'm talking about. Hope you're living happy - Mik Live for the NOW, because nobody can tell you what will be LATER. Right now, I just pulled this article up on cnbc: http://www.nbcnews.com/business/economywatch/americans-are-tapping-home-equity-again-1B8304322 (This link will, probably, expire) What does it mean for you ? Not sure, but it's one of the many positive indicators, nonetheless. Indicators are that we're becoming more responsible. That the lessons learned, from 2007 through 2011 were, well, learned. What else ? Research it yourself - You know how to research positive news, RIGHT ? We're bombarded by the dreadful things, so we have to seek out the positive. Personally, I'd rather hear the positive AND the negative, so I can be more, easily, informed. Listen, in every real estate market, despite the economy, someone is making money. It's happening RIGHT NOW. It's easy to make money in ANY MARKET, because it comes down to 2, VERY, simple principles: Supply and Demand Fulfilling the 2 principles is the trick, but look at it this way: In any economy, someone wants to sell property and someone wants to buy property. Right ? So, the trick is to find those people who want to sell and, then, buy at a price that is **RIGHT** for your purposes/the **current** economy. It's about being proactive, plain and simple. Don't believe everything you hear on the radio, read on the internet....or newspapers - and see on TV. In most cases, the media creates the perception as a larger scale than reality. So, that said, why believe the link to the media, I included, above ? Believe it because it contributes to the, greater, good. In life, always be aware of the negative, but keep your focus on the good. Remember, RIGHT NOW, someone is laughing all the way to the bank as the masses believe it's NOT possible. Are YOU the one laughing ? I hope so - Think freely and live prosperously ~ Peace ~ Mik Keep your eyes and ears open, but your mouth shut until it matters.
You'll know when it matters. Don't let anyone tell you that you can't do something, or that it can't be done. Can't SUCKS !! If it's wrong, then it's wrong - but can't ?? F !! can't !! Find a way, unless it's wrong. How will you know if it's wrong ? Those you trust, who share that, same, passion - they'll tell you true. Remember, those who love/care about you most will destroy your dreams. They don't intend to do that, it's just a symptom of the caring AND lack of interest/understanding of what you're pursuing. Be careful, because relationships can be lost when chasing dreams. DON'T be an asshole/smug when you reach your dream/goals. Then you're an asshole and your achievement sucks too ! Don't be afraid to reach out for help. Now - you don't want to ask for help for everything, because that's weak, right ? But - we're, all, single-minded, though gregarious. So, when your mind is full and you need input, be selective of who you reach out to. Real feedback from a trusted source, who is knowledgeable, is critical to your success. Criticism !! Ever hear the term "The truth hurts" ? It does, because we're emotional beings. Deal with "the truth" by ensuring it's YOUR truth. Lots of critics and part time analysts out there - but if you take the time to learn what is right, for you, then YOUR truth will become evident. Don't believe everything you hear, or read. Knowledge is power and will, only, come through trial and error. I'm ending on this final tidbit - Don't be afraid of failure. It, totally, sucks to experience, but the lesson(s) can be priceless. Put yourself out there and live the life, cause it's all you have. Be prosperous in all ways ! Peace, Mik The, above, video demonstrates possibility. What's YOUR possibility ? Where are you, now, and where do you NEED to be ? Where do you WANT to be ?? I don't care about your NEEDS and WANTS - but I hope you do. What matters most - to you ?? Did the fact that the above video requires you to view it on youtube bother you ? Are you ....punchy ? If you're in a position where all of your NEEDS are met, then it's all about the WANTS - NEEDS are primary, WANTS are..........NOT primary. If your position is all about WANTS ??...........Your NEEDS are hooked up, RIGHT ??!! If you, ever, project a position of NEEDS, you're not likely to get your NEEDS or WANTS. Life's funny. It's this, insane, scrimmage to overcome all the shit that makes you weak - Your weakness depends on your state of mind. Too deep ? You NEED Balance !! IF you can maintain a healthy balance between your WANTS and NEEDS - your forecast is: Primarily blue (clear thinking) skies with periods of freezing temps (Chilling out) and snow (Hunkered down). Overall, your outlook is bright. Like most people, you're a work in progress. Happy 2013 - go get em !! Mik Rewards come from taking risks - You take a risk when you get behind the wheel of your vehicle. Risk being you could be in a fatal accident. Reward being making it to your destination. This is a simple, mindless, example - How about climbing a mountain ? Some people think it's a huge risk, but those climbing are in it for a multitude of rewards that, far, exceed the risk. Investments are the most common risk, realistically. Stocks, bonds, mutual funds, tax liens and the list goes on. All of these risks have associated rewards - Ultimately, you won't win the lottery if you don't purchase a ticket (Unless someone gives you a ticket !). So, my point is pretty simple: Don't be scared to take some risks. Be sure the risks you take are equal to the "potential" rewards AND that you can afford the loss, should that be the end result. Pay attention to those around you, in your daily life. You know those who are financially successful and those who want to be - Spend some time with those who you most want to be like, relating to their success levels. Also understand that success is personal to each of us. Some people feel that success is driving around in expensive automobiles, eating at the finest restaurants and having preferred seating at high demand events. Some people feel that success is internal happiness, being content with oneself and simply enjoying every moment of their life. Some people feel.......... You get the point. Ultimately, regardless of one's definition of success, it all involves some form of risk. To summarize: Identify your definition of success, find those who are living your definition of success and find a, respectful, way to spend time with them so you can learn. There's an old saying that goes something like "Maybe a little bit of that person will rub off on you." - Just remember - you don't have to be afraid of taking risk - it's NOT taking risks that you should fear. ~ Peace Mik New To You RE, LLC In most cases, our mamas want to see the best in us.
Even if you’re not the best or the brightest, your mama wants you to succeed in whatever business you pursue. World economies have gone through tremendous changes, just over the last 5 years, and those changes are not all good, either. That does NOT change your mama’s need to see you happy and successful. My thought is, if you’re happy, then you are successful – but this blog is not about that kind of happiness and success, it’s about financial happiness and business success. So, in this challenging economy where, even, college graduates are struggling to find a JOB (Some call it a career) and are struggling with mountains of debt, as a result of their student loans, what can YOU do to lessen the odds that you’ll fail ? Be aware of some very simple opportunities that are always present AND have a laser focus when it comes to tapping into your, true, passions and/or interests. When I say “very simple opportunities”, I’m referring to those opps within your scope of passions and interests. You know what I’m sayin too ! In every economy, and many times, despite the economy – many people succeed and do VERY well, both in financial happiness and business success. You recognize them – those who look relaxed and content, they’re usually smiling and they have a sense of confidence – it’s that body language that you can read, clearly. Did you know that most successful people are not college grads, they don’t come from a financially wealthy family and they didn’t have anyone, simply, hand them the keys to success. What these people have is passion and drive. They recognize their strengths and/or interests. Some refer to them as Type “A” personalities, but they’re no different than you – other than they’ve already reached a certain level of financial happiness and business success. My interest is real estate and that’s where I’m building my financial happiness and business success, but it’s more than that. In my journey through building this business, I have endured mountains of failures – and I still fail. Those failures are lessons and I keep learning and, as a result, growing. I, also, clearly understand that I do NOT know it all, but I know enough and my open mind will always enable, NOT disable, me. Over the time I’ve been into real estate (Since February, 2006), and through all those failures AND successes I’ve had, I changed and I’ll never be the same man I was, previous to February, 2006. My eyes AND mind are wide open and I’m finding that I have other interests I’m going to pursue and, therefore, I’ll continue to learn and grow. Every success AND failure is a lesson that I’ve learned from. THAT is, in reality, true education. Go on – make your mama, AND yourself, proud. SUMMARY: ·* Identify your passions and/or interests ·* Learn to recognize the butt-loads of opportunities, w/in those passions/interests that are all around you * Identify how you can tap into those opportunities – then tap away * Keep an open mind and understand that you’ll never know it all – but you’ll know enough and that your open mind will ALWAYS enable you to learn and grow. * An ingredient to success is failure and failure will always be present in your life. Learn to accept those failures because that’s the only way you can, thoroughly, learn the lessons that will help you reach success. * Depending on what your passions and interests are, you may find that you do NOT have to go to college to reach financial happiness and business success. * Start RIGHT NOW. You have a pretty strong idea of what motivates you – task yourself to write down some steps you’re going to take, over the next 7 days, that will put you on the path to inserting yourself into an active role within those passions/interests. ·* HOLD ON !! Because once you take those first few steps, that passion of yours is going to ignite and you’re in for an exciting, crazy and fulfilling ride – and your life will never be the same. When you reach your financial happiness and business success, look around and see them. You’ll recognize the look in their eyes and you’ll remember that inquisitive look was yours, back in the day - when you recognized financial happiness and business success and began your journey. You’re an inspiration. By Mik Cohen Email: [email protected] What if everything sucked, but you remained optimistic ?
What if part of the everything sucking included the economy - heck, it included the WORLD economy - but you remained optimistic AND....slightly creative ? How about this: What if, despite the struggling world economy, you were in tune with serious opportunities all around you AND, because of your contagious optimism, certain "open-minded" individuals were willing to invest $$ in YOU, to enable them to capture those opportunities? How would that make you feel ? Knowledge IS power and, in 2012 real estate, that knowledge can make you a boatload of $$$$. Maybe you tell yourself you don't care about $$, like I used to tell myself ? Well, I've changed and decided that I'm better off with $$. LOTS and LOTS of that green stuff ! What do you care about ? Mom ?, Dad ?, Puppies ?, Starving children anywhere ? Environmental ?, Space travel ?, etc. You'd be better off making lots of $$. Why ? Because you would have an ability to assist/advance anything you care about. Feeling powerless sucks - and when something/someone you care about needs financial assistance and you can't help, that's a helpless/powerless feeling that you feel to your core. So, what if you can contribute to advancing whatever matters to you ? If you're able to respond to whatever situation you care to - financially - but even physically ? There's a real sense of self when you know you're free to contribute, in whatever way might matter, at a time when your contribution is needed most. It's the true definition of freedom, really. While some of you may have skills that enable you to respond, many of you don't and you live feeling the frustration of your limitations. Well, to those of you who struggle, financially - or even emotionally, due to your inability to "get things done", look deep inside of yourself to find what you're passionate about. It's not so hard AND it just might be enough to help you to move to that next level, or even make a drastic change in your life. When you engage in something that fulfills you, deep inside, it changes you - FOREVER. If you continue to engage in that "something", it can, dramatically alter your spiritual AND financial existence. Is it real estate, like my passion - or is it something else ? It's been said, time and time again, that if you pursue something you're passionate about - the money will come. While, I'm sure, it depends upon what your passion is, it's a great incentive to pursue those passions and live the dream, right ? Yeah.......... How do you make people own and want things while accepting everything you say is true? The key is to never say a thing, just ask questions instead. You need to ask questions so you'll know what the problem is about, and of what the person is trying to attain. It is a must that you learn what solutions are suitable to the seller, what the objectives are and of what they are trying to attain and what they are trying to get rid of. You can do a lot of things in a deal but these should be suitable to where the seller wants to go, and of what they want to get rid of so the seller becomes emotionally satisfied with the solutions you are offering them.
If ever the solution does not offer any emotional satisfaction towards the seller, then what you're saying is pointless. If you have not understood the primary concerns of the sellers, they will often tell you, "We need to think about the deal". In short, what they are really trying to say is NO. It is because they feel that you have enforced a deal that they don't want to take part of and they feel that it's not identifiable with them. Actually, the buyer or the seller can not psychologically give in to the deal you're offering and so they politely say, "I need some time to think about it" - which is a refined way of saying no. So, that's why it's highly essential to avoid saying too much and just ask questions instead. This way, you can find out about the people's different concerns and wants. When you are entering into a negotiation with someone, you have to be the one asking the questions. These questions will help you discover how important a certain solution is to them. So, ask questions like, "What is it that you are doing now?", "What is it you want to move away from?" and "What is it we want to move towards and why?" One possible answer could be the seller to earn money out of the property and so it's good that you learn of what they want to attain while making use of that money - that way, you can offer them the best possible solutions. But people are not doing things for money. Instead, it's what the money will be doing for them and of how it makes them feel. Money is logical and so people feel nothing towards it. But money does something to them - either it makes them feel good or bad. That is why when someone says they want money, it's important for you to know the reason why they want the money. Knowing what they want to achieve will lead you to knowing their emotion and so you'll understand how it makes them feel. It's never about the money; it's the feeling that it gives you! Have you ever wanted to know how to invest in real estate? It can be a challenge to learn. There are hundreds of books that talk about different investing strategies. Sometimes it is too much information and you are not sure how to get started. This article will give you 3 steps that you can follow to get started investing in real estate.
Step 1: Specialize in a single investing strategy Birddog, flip house, long term rental, tax liens, subject-to, lease purchase. These are all different strategies that you can use to invest in investment property. The worst mistake would be to try your hand at more than one strategy. It is better to become an expert at one method and have a depth of knowledge on this one strategy than it would be to have a limited knowledge on multiple methods. Consider each strategy and pick the one that best fits with your talents, skills and motivation. You should spend some considerable time in picking the right strategy. Step 2: Build a Winning Team Nobody can build a winning company by themselves. The only way to succeed is to surround yourself with specialists that will enhance your business with their specialized knowledge. If you want to have a successful investing business you need to have specialists on your team. Successful teams will consist of an agent, mortgage broker, closing attorney or title company, house inspector, insurance agent, contractor, accountant and general attorney. These people will help you in finding good properties and providing legal and financial advice. Do not attempt to do this yourself. Make sure you have a winning team surrounding you. Step 3: Create a Game Plan Now that you have selected a single strategy and created a winning team, you need to create game plan. This game plan will outline your investment strategy and how you plan on acquiring properties. It should also include information on how you are going to arrange financing for the properties. The most important part should be your exit strategy. This will tell you what you are ultimately going to do with the property. The exit strategy should explain how you are going to profit from your chosen strategy. Once you have completed all 3 steps, you are ready to invest in real estate. If you implement all 3 steps correctly then you should have a very profitable and rewarding investing business. More millionaires made their fortune investing in real estate than in any other form of investment. There are many methods of making a fortune in real estate investing. Regardless of the method that you use to build your fortune in real estate, you need a solid business plan to use as your road map to success. |
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