HACK YOUR WAY TO HOUSE FLIPPING Success In 30 Days, Or Less

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Meet the NEW Step-by-Step Map for Getting Paid for Flipping Houses

By Sensei Gilliland, CEO of Black Belt Investors

Flipping houses can be hugely profitable and freeing. It’s a complete life-changer.At least that’s true if you get it right, and you stick it out until you start getting those checks in the door. Sadly, far too many don’t make it. Despite all the knowledge out there, the books, the training programs, and big money bootcamps, and reality TV shows, they just never follow through to success. Fortunately, it doesn’t have to be that way. It can be a lot easier and faster.

The Two Biggest Challenges to Success in Flipping Houses

#1: IT’S TOO COMPLICATED

There can be a lot to think about and look at when investing in real estate. It should be given some thought. Yet, all too often it is made far more complicated than it needs to be.

This is especially true for those trying to do it all themselves, and build their own systems from scratch. They get lost in the analysis, the contracts, the financing, and building complex marketing funnels. Sometimes they never really get started. Or they spend months trying to do a single deal, or go broke before they make a buck. That’s tragic.

#2: GETTING STUCK ON THE NEXT STEPS

Far more get lost in the process. Some start taking action, then just hit a wall, because they don’t know what to do next. They’ll run some ads, and then freak out and freeze when the phone starts ringing.

They’ll make some offers, and then panic when someone is interested. They’ll close a deal, and then just drag out a flip for months. Others try to rely on just one tactic or strategy they see others using online.

They keep banging their heads against the same wall, wondering why it isn’t working for them, even if they don’t really know if it is working for the person they borrowed it from. They are always stuck on the next step.

MAPPING OUT SOLUTIONS

As a new house flipper or wholesaler, you really don’t need to get stuck or stall out like this. You don’t need to get hung up on just one tactic, make it overly complex, or stall out.

Providing you adopt a good system, follow the success path of others, and have a good range of marketing weapons on your back, or at least a really sharp Samurai’s blade to hack your way to the money.

THE FREE 30-DAY ACTION PLAN& ROADMAP TO SUCCESS

What new house flippers and wholesalers really need is a clear roadmap, and action steps they can take, and implement on a daily basis.

That’s why we created the 30-Day Action Plan & Blueprint for Flipping Houses. It’s literally a blueprint of what to do each day for your next 30 days. A visual day-by-day map from getting from where you are to landing deals and your next paycheck.

It’s currently available free, for a limited time, on the Black Belt Investors website. You can download it and print it out, or save it to your laptop.

Print it and post it on your door, next to your desk, or by your bed, so you know what you are going to do before your feet even hit the floor in the morning.

Or make it your screensaver, so it is always present when you bootup for the day.

Then we made it even easier and more powerful. We added a 30 day mini-email series. It pops up a new prompt every morning, with a daily mission to carry you forward. It breaks it down to easy startup to-dos, and the number of offers to make on a given day, so you are making non-stop progress.

You open your email when you are about to hit that morning run or cup of coffee, get your Mission of the Day, crush it, and keep making plays that are going to put money in your pocket.

It makes getting started in real estate insanely easy. And, yes, it’s totally free, no credit card number needed.

MORE SUPPORT

Of course, if you want more support we’ve got that too. The action plan and blueprint you can just run with by yourself, no roadblocks.

Or you can choose to come out to one of our live events, join a local Black Belt Investors Meetup group, or opt for personal live coaching. Or if you just want something that just works while you get on enjoying life, we’ve got deals too. You buy them. We’ll rehab and rent them, offering investors a truly turn-key investment at rock-bottom prices.

FOR INFORMATION VISIT:

BlackBeltInvestors.com/blueprint

SCOTT MEDNICK President of OCREForum.com and Marblehead Real Estate Partners

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Scott Mednick, President of OCREForum.com and Marblehead Real Estate Partners is a seasoned real estate professional with a keen market insight and a thorough understanding of current investment opportunities. Scott has 30 years’ experience transacting residential and commercial properties. Scott has been involved in over 200 million dollars of value-add real estate and has collaborated with his investors purchasing distressed assets and repositioning for safe and consistent returns.

Scott’s experience includes rehabbing bank owned single family homes (REO’s). In the 1990’s, Scott had remodeled over 2500 homes for such clients as: World Savings, Fannie Mae, Freddie Mac, North East Savings, EMC, Berkeley Federal, Southern California Savings, Trans-America, and Home Savings.

Sought after for his talents in sales negotiation and strategic property marketing, Scott’s reputation for professionalism and deal-closing talents has earned him an impressive roster of investors. Scott is also a highly sought after speaker on how to invest here in Southern California and out of state.

At OCREForum.com, Scott runs a REIA group that has monthly meetings and all are welcome. We teach how to buy and sell single family homes, apartments and self-storage. The main theme of our group is buying value add real estate that will make safe returns for our investor partners.

Scott also mentors new investors how to buy here in Southern California. He also forms joint ventures with many investors on bigger projects. Scott looks forward to meeting new investors in the Orange County area, be sure to attend his next monthly OC Real Estate Forum meeting.

To learn more about Scott Mednick, visit http://MarbleheadREP.com ; Scott is a Real Estate Broker BRE#00913829 and a General Contractor #615087

SPECIALIZED IRA Services for MAXIMIZING OPTIONS & RETURNS

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BY TIM HOUGHTEN

In an exclusive interview, CEO of Specialized IRA Services, Edwin Kelly, reveals new insights on how individuals, business owners and real estate promoters can leverage more options to accelerate their investments, fatten their net returns and reduce risk.

CLARITY, CHOICES & CONTROL

With ongoing concerns about the lack of fiduciary responsibility in the financial services industry and rising public awareness of the poor deal they may be getting from old-school investment banking houses, along with increasing pressure to catch up on savings and passive income, we’ve never before needed more clarity, choices, and control.

We need to know what we are investing in, be able to choose from a good variety of investment options, and have more clarity about what fees are and what we are really netting. Self-directed individual retirement accounts have become one of the best way to achieve this.

This is where Specialized IRA Services comes in…

OPEN UP A WHOLE MENU OF SELF-DIRECTED INVESTMENT OPTIONS

There are a number of self-directed IRA (SDIRA) custodians or administrators out there. One of the ways Edwin Kelly’s firm differentiates itself is by providing individual investors with more flexibility and options.

IRA OPTIONS

Some only do certain types of IRA structures, even though there are many to choose from. Some only service a very limited selection of investments. Not here. Kelly says, “with us you can invest in anything that the government will allow.”

Often that includes precious metals, real estate, businesses, mortgage notes, and private lending opportunities.

In addition to the ambiguous ‘self-directed IRA’, Specialized IRA Services can help with self-directed services for those with real estate IRAs, IRA LLCs, SEP IRAs, Roth IRAs, SIMPLE IRAs, and 401ks. Plus, they can even help you with leveraging funds in Education Savings Accounts (ESAs) and Health Savings Accounts (HSAs). Using a combination of these options can dramatically increase the contributions investors and families can make each year, as well as giving kids an amazing head start on investing and building up a nest egg of their own.

SERVICE OPTIONS

Specialized also offers a menu of different service levels, so that everyone finds the right fit and balance of service and fees. These are scalable depending on your planned activity level. Some investors may just make one or two investments and will hold them for decades, and can benefit from lower costs.

Others may be highly active investors and desire fast personal service on a regular basis. Here you can choose from a standard service, pay as you go menu, flat fees, expedited Specialized Black service, and a Platinum level package.

THE UNIQUE ADVANTAGES OF A SOLO(K)

One of the areas of expertise Edwin Kelly and his team stand out for self-directed Solo(k) plans. These are for those who have a business entity, professional investors, or may be self-employed with-out W2’d employees.

Some of the unique benefits of these plans include:

  • Larger contributions (up to $59Kper year)
  • Tax free or tax deductible contributions
  • No income limits
  • Flexible contributions
  • Simplified paperwork
  • Personal loan option

What’s really cool about these plans according to Kelly is the “personal loan provision,” and the ability to achieve “zero cost capital.” That comes in the form of being able to access up to 50% or $50,000 of your cash, penalty free and tax free.

Rules are applied differently to these accounts as well. They enjoy “federal level protection,” for assets, and do not get hit with UBIT or UDFI taxes when leveraging real estate.

SPECIALIZED SERVICE FOR INVESTMENT PROMOTERS

Many individuals and families find their way to self-directed investing through educators and alternative investment advisors or promoters. In the past, this has caused a fractured process and some frustration due to poor lines of communication and additional burdens on individual investors. Edwin tells us that his firm has championed this issue by creating new levels of support and services for both direct clients and referring businesses. This streamlines the investment process, making it more efficient and faster.

Professional investors and promoters will also find services like Specialized are ideal for broadening their potential customer base and increasing ROI on marketing and sales per customer, while packing in more value for their clients.

Everyone in the world with an investment or business idea is chasing that top 1% with cash to invest. That’s probably 90% plus of businesses vying for 1% of the market. And it’s a very small market.

Yet, there are some $27T in retirement accounts which can be better served with self-directed options. Edwin Kelly says he would “like to see $1T more go into self-directed accounts over the next decade.”

COMING SOON…

Specialized IRA Services’s leader has 23 years of experience in the self-directed industry. The company is headquartered in Albuquerque, NM, with local representatives around the country. Plans for the new year include opening a new office in Ohio, launching a new educational training series, live events, and a users’ conference.

EXPLORE YOUR OPTIONS

Check out all Specialized IRA Services has to offer online at www.specializediraservices.com and explore your options. Take a look at the FINRA Scam Meter for evaluating investments, and for a limited time, exclusive to Realty 411 subscribers – take advantage of a free consultation and custom investment planning session with an expert.

JUSTIN FORD – Owner at Encore Real Estate Group, Co-Founder / FOREX Trader and Educator at Team Take Profits

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Learn with Justin Ford – Real Estate Broker, FOREX Educator, Entrepreneur and Visionary

From struggle to success, Justin Ford truly lives the saying “It’s not how to start, but how you finish.” At the age of 19, with his life in disrepair, Justin made the critical decision to turn it all around. Now at the age of 34, Justin has become a successful entrepreneur, business owner, real estate broker, investor, motivational speaker, author, and mentor.

Justin is the owner and broker of Michigan-based Encore Real Estate Group. He currently oversees a team of successful agents. In 2018, Encore will branch out to Florida as well. Justin plans to take his Encore Real Estate group brand nationally. He has his eye on soon opening a third brokerage in another state he frequently travels to: California.

Raised in a rough neighborhood, Justin is not shy about his troubled past and uses it as a tool to save young adult men and steer them on a positive path. He says life’s mission is to make a valuable difference. Justin has earned numerous achievement awards, and demonstrates daily that talent, drive, and ambition really do lead to success. Justin’s passion and desire to see people rise to success leaves a lasting impact as he challenges all to become the champion they were created to be.

Currently residing in metro Detroit with his wife and four children, Justin says the love and support of his family helps fuel his passion for success in all avenues. In his spare time, he loves to travel the world and donate his time to The Positive Zone Project Foundation, which empowers high school students through character education and leadership development.

Recently, Justin became involved with the financial strategy: FOREX. Trading foreign currencies is a trillion-dollar a day industry and individuals, as well as institutions and corporations are capitalizing on movement of currency. All trading can be done on your phone, 24 hours per day.

Justin and his team are actively trading on FOREX with a company that has opened up the knowledge and access to trading to average, regular people without a traditional financial background.

The SKY is the LIMIT for Former Pilot Turned Houston Property Investor & Manager

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After his job was threatened by the aftermath of 9/11, Steve Rozenberg, co-founder of Empire Industries, LLC realized that obtaining financial freedom through investing in property is a much surer way of building wealth than working for someone else.

“I’m an airline pilot by trade,” said Steve. “I fly for a commercial airline, and so after 9/11 hit, I was on the verge of being out of a job. That’s when I realized that I needed to do something else to earn money because that secure job didn’t look quite as secure as I’d thought.”

“So what I did, is I started learning everything I could about real estate. I started trying to understand it. I read a book a week on real estate and I devoured as much information as I could so I could figure out this new society…this new language that I was engulfed in.”

“Then I started buying some houses. I sold a few houses, then ended up buying an apartment complex. I sold the apartment complex and started buying a bunch of low income property, which is probably my biggest mistake.”

Steve met Pete in 2005 and the two began flipping houses together before switching to a buy and hold strategy. Then, after buying twenty low income houses within a year and a half, the two realized they’d made a mistake.

“We realized why we shouldn’t have done that. All of a sudden we had a huge waterfall of problems attacking us from all angles; so we did what any normal male would do, we turned around and bought another 15 properties to try to fix the problem, which really just ended up being like gasoline on the fire for us. It just ended up making our problems ten times worse!”

The solution they created for their problem became Empire Industries, LLC.

“So to solve the problem we’d gotten ourselves into, we had to create a management company of our own, just to manage our own properties.”

“This is how the management company got started. We started it out of necessity, from the result of making our own mistakes of buying the wrong properties, but also figuring solutions out for that.”

INVESTOR SOLUTION

Today, Empire Industries, LLC is the fastest growing single family management company in Texas. They manage about 750 properties in Houston and Dallas, and have a client base that spans the globe. Investors from California to Japan use Empire Industries for their property management needs.

“We’re the number one referred management company by REALTORS®” said Steve. “We give referral fees to our agents and we make them look good. At the end of the day, what an investor wants is a property that is going to make them money and not give them a headache.”

“Empire Industries is a full- service property management company. Our services run the gamut, from helping people find properties to managing their investments; we do it all from an investor’s perspective. Because we’re active investors ourselves, we’re looking at the market from that mindset. We are in the business of helping investors find properties that match their goals.”

“Often, beginning investors fail to see results because they don’t have policies, procedures and structures in place…they run it off of emotions, not a business model.”

“What I always tell people is that when it comes to owning a rental property, you own a business. Whether you have one or fifty properties, you run a business. Fair housing, discrimination…all of these laws that dictate what you do as a landlord say that you’re a business and the only one that does not realize they’re a business is the owner.”

Investors choose Empire Industries, LLC because they’re more than a property management company. As active investors, the founders are in “the heat of battle of owning properties.”

“We look at it from an investor’s perspective,” said Steve, “As a partner, not as just a customer/client relationship. This means our goal is to help them be successful and to reach their financial goals, whatever those goals may be.”

INVESTOR EDUCATION

From hundreds of free videos to free ebooks, investors have access to a huge resource of information…for free…from the team at Empire Industries, LLC.

Ask any savvy investor and they’ll tell you…learning as much as possible about investing in property is key to achieving success.

“Most importantly, have a plan,” said Steve. “If you don’t have a plan and you don’t have goals you need to talk to someone like myself and figure out what your goals are so that when you’re trying to find a deal you can know what that deal is, based on your goals.”

Steve Rozenberg owns a property management company based in Houston Texas. It is currently the fastest growing PM company across Texas. Because of his extensive knowledge and background being an international airline pilot flying Boeing aircraft such as the 737,757,767 and the famous Dreamliner 787 he has been able to take that knowledge of systems, structure and checklists to help create a company that while being an airline pilot went from 0 – 600 properties in under 4 years without buying a single rent roll, all through learning and mastering marketing and sale techniques. This knowledge won his company a National Award of Best Marketing in North America by ActionCOACH Business Excellence Award earning a 1435% return on their marketing dollars. Steve’s company Empire Industries has since partnered with the owner of ActionCOACH to help grow their company across the US. Steve is still currently an international airline pilot and is also stepping on stages as keynote speaking in areas such as motivation and drive, marketing, systemization and checklist mindset and methodology across the United States as well as other international cities.

OP-ED: Why Chinese Investors Are Still Buying CA Properties & Will Continue To Do So

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-EXCLUSIVE READER OPINION PIECE-

Submit Your Article or Event CLICK HERE

Foreign investors made up a large number of real estate buyers in the past few years, but is their activity diminishing in our new political climate? Discover insight from a Top Producer with direct connections and years of experience with international investors.

by Yumiko Blaschko

There has been much speculation that mainland Chinese home-buyers will pull back their California property purchases amid China’s economic slowdown as the country’s escalating trade war with the U.S. dampens growth.

These concerns were fueled by reports from Beijing this week that China’s economic growth slowed to its weakest pace since the first quarter of 2009 with the economy growing at 6.5% year-over-year in the ’18 third quarter, missing expectations for 6.6% growth.

California home sellers, take heart! As it stands now, the facts on the ground do not support recent forecasts of a Chinese pullback from the California real estate market.

On the contrary – – At present, Chinese consumers still have ample means and appetite for California real estate.

Here’s why.

While data has shown that in recent years the Chinese economy, on paper, is slowing from previous levels, the Chinese government has been unable to detect and stop the flow of illicit money out of mainland China. Simply put, Beijing’s capital outflow controls have been ineffective in stemming the international transfer of underground money, a phenomenon that continues at a rapid clip.

In recent years money flows originating from illegal sources in China has been on the rise. In the first quarter of 2017, for example, US$58 billion of capital outflows from China came from illegal sources, demonstrating the difficulty of identifying and measuring the flows.

In some respects, this should not be much of a surprise. Due to the needs of corporations to maintain cash flow and liquidity, company executives devise ways to facilitate the illegal and undetected flow of money. This can come in the form of direct investments, sometimes as current account transactions and at other times it is the flow of plain old-fashioned underground money.

Chinese regulators continue to be outwitted and overwhelmed by consumer demand originating from their soil. Undeterred by authorities, mainland families and individuals eager to buy their piece of the California rock continue their efforts unabated.

All of this despite the slowing real estate market in the Golden State as well as recent trend of rising interest rates by the Fed.

This momentum of Chinese home buying in California has continued notwithstanding predictions that stricter policies out of Beijing and growing uncertainty surrounding U.S. immigration and trade policy would lead to a slowdown in foreign investment.

Another reason local sellers of homes will continue to find Chinese buyers is ongoing demand. The fact of the matter is that Chinese property hunters find California housing an attractive prospect.

In a 2018 study by the National Association of Realtors, California amounted to 14% of all foreign purchases of residences in the U.S., up from 12% in 2017. This likely indicates a growing confidence on the part of foreigners in California real estate.

Of the foreign purchasers of U.S. real estate, buyers from mainland China, Hong Kong and Taiwan topped the list of overseas buyers. The study found that Chinese home buyers elected to buy in California 38% of the time, a 1% increase from the prior year.

According to Jonathan Lansner of the Orange County Register, non-U.S. citizens bought approximately 41,500 homes in the Golden State in the 12 months ending in March, 2018, marking a 9% increase over the past year. Of those purchases, China-based buyers accounted for 17,000 of these transactions, a rise of 3% from the previous 12 months.

Some other numbers to consider…

•The biggest consumers of U.S. properties in 2017 were from China, accounting for $31.7 billion worth of property, an increase of over $4 billion from 2016.

•Non-U.S. citizens bought $35 billion worth of California properties in 2017, an increase of $8 billion from 2016.

•Last year property buyers from the Asia Pacific accounted for 71% of foreign buyers in the Golden State. This was a 20% increase from just a year earlier.

•Taking into account larger trends in the global economy, Asia has been the fastest growing market for wealth management since 2013, consisting of 45% of global inflows from 2013-2018. Asia-based asset managers reported US$66 billion in revenue in 2017 and this trajectory is expected to double by 2023, according to McKinsey. Currently, China alone represents 37% of assets under management in Asia, and analysts are forecasting that China-affiliated assets will grow at a per annum rate of 17% over the coming five years.

Yes, a clampdown by regulators in Beijing is in effect. Nonetheless, it’s end result has been ineffectual due to both the undetected flow of money to the U.S. and continued Chinese demand for California properties.

For the time being, Chinese homebuying in our state will continue in spite of China’s government-mandated restrictions and other factors, i.e., the current U.S. real estate market slowdown, rising interest rates and the U.S.-China trade war.

About Yumiko Blaschko

A real estate veteran based in Orange County, Yumiko services luxury home sellers and buyers throughout Southern California and the Asia Pacific. Raised in Singapore and Japan, Yumiko is multilingual in Chinese, Japanese and English. She specializes in connecting California-based home sellers with buyers in mainland China, Hong Kong, Taiwan, Southeast Asia and Japan.

Known for her dynamism and work ethic, Yumiko has a long track record of helping her Orange County-based clients sell their exclusive properties and purchase dream residences. A few of her geographical areas of expertise include Corona del Mar, Newport Beach, Newport Coast, Balboa Peninsula, Lido Island, Dana Point, Laguna Canyon & Laguna Beach, Pelican Hills, Pelican Crest, Huntington Harbour, Irvine and Beverly Hills.

Through her work, she has developed an expertise in the international transfer of funds between various Asia-based and U.S. financial institutions, and she regularly helps international buyers in transferring investments and remittances to the U.S. Yumiko has also put together extensive business relationships with numerous industries in California and high-end real estate firms in China.

Yumiko’s training in Christie’s International Real Estate and as an affiliate of Luxury Portfolio International enables her clients to benefit from a peerless range of marketing opportunities in Christie’s offices around the world. With public relations initiatives tailored to each property, these services include the placement of elegant brochures in auction house lobbies, Christie’s window displays at major salerooms, events that bring art collectors to properties in addition to joint advertising programs through Christie’s International Real Estate. Luxury Portfolio’s inventory of properties exceeds $44 billion with a global reach that extends to 50 countries, attracting website visitors from over 200 countries/territories every month to local sellers.

Working tirelessly on behalf of her clients, Yumiko achieves high sales prices for property sellers. Her years of experience have honed her skills in negotiating real estate transactions and mastering diverse aspects of real estate. She believes strongly in connecting people to achieve her clients’ goals, promoting sellers through her networks and in a variety of Asia-based publications as well as the Fox Business Network, Wall Street Journal and Forbes.

Yumiko is devoted to volunteer initiatives with the Saddleback Church, the Dana Point U.S. Marines 5th Regiment Support Group, the Segerstrom Center For The Arts and to programs that foster entrepreneurship. She enjoys theater, classical music and supporting educational projects that improve understanding between East and West.

我們擁有超過30年專經南加州房地產的最佳口碑和經驗. 張裕美以她值得信賴的和豐沛的政界, 商界人脈, 以及和當地社區的緊密聯係幫助您擁有最好的位置, 最佳的價位, 先人 一步的房源. 我可以幫助您:
•買賣自住或為您產生出租收入的獨立房屋
•買賣和管理多單位公寓產業
•買賣和經營商場, 辦公樓, 餐館, 醫院, 熟地及未開發土 地, 洗車店,加油站,飯店等商業資產
•協助諮詢外國居民不查收入購屋貸款方案
• 協助諮詢期滿本金返還投資移民項目

•30年の豊富な経験と実績そして信頼をもつユミコ・アンド・ミックモニゴル・チーム
•オレンジ郡の商業・住宅物件の投資・売買
•私たちの知識と経験を生かし、あなたの不動産投資をお手伝いさせていただきます。
•ローン・アシスタント
•55歳以上の方、固定資産税の節税か可能です。
•外国人投資家のアメリカ不動産購入のサポートの経験あり

•投資永住権プログラム(EB-5)の審査を満たす不動産投資の準備手配をします。
•ご予約とご質問は949-838-6899電話番号か[email protected]のemailにお気軽にご連絡下さい。

Goal Setting – Did You Write Down Your Resolutions for 2019? Do It! Here’s why…

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Realty411 is re-publishing this previously-written post so that our new readers can benefit from these timeless tips. As the upcoming market slows down across the country, investors need to be especially cautious and become educated like never before. It is for this reason that Realty411 will increase its frequency in publishing and produce more events in 2019 than in previous years. Stay tuned for more fantastic strategies, quality content, and premiere networking opportunities.

Happy New Year! May 2019 bring you and your family prosperity and health.

by Linda Pliagas, Founder/Publisher

There is something special about the beginning of a new year. It’s a time to reflect on the last twelve months and examine our accomplishments, and failures. It’s a wonderful season to focus on our mission and figure out a strategy for the future.

With this in mind, I cannot stress how important it is to write down your goals for the upcoming year. When you join pen to paper and have an honest self-talk about what it is you need, and want from life, it truly changes EVERYTHING.

Successful people always plan and prepare. You cannot chart your path without knowing where you want your final destination to be. Every year, I write down my goals.

This New Year’s homework was first introduced to me by a successful real estate broker/investor who spent an entire afternoon writing down his goals. He actually didn’t just write them down as one, two, three; instead, he would write the goals down and then go into specific details for each one.

His New Year’s Resolution list was actually many pages long!

As you can imagine this broker was very successful. He was a multimillionaire by age 29 with multiple investments around the nation and a thriving agency business.

Now you certainly don’t have to write a thesis for your goal-setting to take root. Simply write down some goals of what it is you wish to accomplish for the upcoming year. Some people make one goal; a typical one is to lose weight – everyone seems to have that one on the list!

I say why limit yourself to one goal, when the sky is the limit…

I normally write down 10 goals and anticipate six or seven of them to materialize by year’s end. I also like to mix it up and not only focus on business goals, like buying real estate or expanding our media business or antique clock/watch shop, but also throw in personal ones as well… like being more patient with my family and exercising more regularly.

This year, I am urging everyone around me to write down their goals. Please take at least a few minutes out your busy day TODAY to write down some things you wish to accomplish for 2019. I am reaching out to everyone in our social network today as well (nearly 75,000) to remind them to write down their goals for they year, in case they have not yet done so.

As you can see, I’m feel very strongly about this exercise because I know we ALL desire to be more successful, to have better relationships, and to be heather and happier people.

We all want a better life, and your improved life can begin today if you’ll just carve out a little time to write down your goals for 2019.

Following are some tips to get you started on your way to an unbelievable year.

  1. Figure out what it is you want to accomplish for 2019. Ask yourself why do you want it? Is it for my highest good and for the good of my loved ones?
  2. Mix up a few business and personal goals: Remember, all work and no play makes Jack a dull boy.
  3. Write your goals on something so that you can review them often. This year, I wrote them down on my phone and backed them up on a notepad.
  4. Share your goals with loved ones. Having a partner on the same page can double your momentum. Sharing your individual goals as a couple can be a wonderful way to bond and share a united dream. If you also want to keep a few goals private, allow yourself the space to do so.
  5. Get ready to see action! By setting forth to the universe what it is you need and desire, the law of attraction begins to work its magic. But don’t forget that you have to do your part and be ready to take action when opportunities are presented.

Did you enjoy reading this motivational post? Realty411 magazine has been writing original articles, op-ed pieces, white papers, market reports and more since 2007. Our complimentary network has been the leader in complimentary, non-biased education for many years, be sure to join our free VIP NETWORKtoday to be the FIRST TO KNOW about our live events, special blog posts, magazines and more. We have zero corporate ties that may influence our editorial. Our only goal is sharing vital knowledge to keep our readers informed and safe.

Own Your Kid’s College Home: ONE PARENT’S STORY – $4,000 for 3 Years of Housing

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By Kathy Fettke

If you’re challenged by the high cost of college housing, there are ways to offset your expenses. One California parent says her method is not only cutting college housing costs down to the bone, it’s also providing a valuable “life lesson” for her son.

Saving for education

Kaaren Hall of Irvine, California, is a single mom with two kids in college. Her business, uDirect IRA Services, helps people self-direct their IRA’s to invest in alternative assets, like real estate.

She’s seen many investors get creative with their investing, so she decided she would too.

Hall, who has 20 plus years of experience in mortgage banking, real estate and property management has two children: Lauren and Mitchell.

Her daughter Lauren is going to UC Berkeley outside of San Francisco, and her son Mitchell is going to Kansas State in Manhattan, Kansas.

While she couldn’t find a solution to the high cost of living in the San Francisco area where starter homes cost about a million dollars, she was able to help her son buy a home in Kansas for $144,000.

And because Kaaren was a former mortgage broker, she also knew how to get creative with loans. She and Mitchell only had to come $4,000 out-of-pocket.

Financial Solution to College Housing Expenses

The low home price is only a small part of this financially-elegant solution to her son’s housing needs. Their story begins two years ago in 2015. They bought the house with 3.5% down on an FHA owner-occupied loan. Mitchell was the primary borrower and Hall was the non-occupant co-borrower. They offered $147,000 on the home, got accepted, and put down $1,000 in earnest money. The additional $3,000 was used for closing costs. The total upfront cost was just $4,000.

Hall says this solution might not work for everyone, but it’s a good opportunity for some parents. She says: “It might be easier than people think. I don’t know if FHA still offers that program where you can be the co-borrower. But two years ago it did. Lending rules are always changing, but at that time you could do it, and we did.”

Their next strategic move was to turn the 3-bedroom home into a 4-bedroom home, with permits. Mitchell is now living in one room rent free and getting $500 for each of the other three rooms. That’s enough to pay the mortgage, and his truck payment! They also increased the equity on the home by increasing the number of bedrooms.

Basically, the home is now paying for itself, and they will benefit over the long-run from the equity, and appreciation. When you compare the situation to the one in Berkeley, Hall says: “It’s the tale of two cities. The amount it costs for my son’s mortgage payment, all in, principal, interest, taxes, and insurance, in a house that four people live in… is the same as my daughter renting a room with two other girls in Berkeley.”

Real Life Lesson for a Son in College

Kaaren’s son is also gaining some very important experience. By making good on the loan, she says her son will get out of college with “an incredibly decent credit rating.” He’s also learning how to be a landlord and how to deal with issues like an overflowing toilet that turns into a mold problem. She says it’s all fixed now, but he had to put on his “responsibility cap” and get it resolved.

Kaaren said, “It’s a big change from his former days when she had a hard time getting him to take out the garbage. Now he does it out of “pride of ownership.”

She doesn’t know what they will do yet when he graduates. They will probably continue to rent it out but it will be a whole different ball game. Her son is the on-site “landlord” right now, and he’s bringing in personally-screened tenants. When he graduates, they will have to hire a property manager and accept tenants they don’t know.

Kaaren says: “It’s a great option for a kid. Mitchell’s had to learn some things. He’s not just a roommate. He’s the boss of the house. So he’s learning how to be an authority figure.”

Finding the Right Deal on a College Home

Location matters in any real estate deal, so you will have to run the numbers on potential college districts. If there’s more than one college or university on a list of candidates, you might want to factor in the savings or revenue from home ownership as opposed to dorm or rental expenses before the choice is made. It could help sway a decision about where to go.

Mitchell received an athletic scholarship, which landed him in Kansas. With real estate in his Mom’s background, they checked out homes in the area, and found one three miles away.

Here’s some of Kaaren’s advice for parents: Find a home that’s as close as possible to the school. The closest ones may be more expensive, even if they are older and in need of more maintenance. She says her son’s home is further out, but close enough to campus, and is only about ten years old and in good shape.

Tax rules are also an important consideration. If the parent is the primary owner, it might be possible to designate the home as a second family home and deduct 100% of the mortgage interest and property taxes. You can also buy the home as an investment property and “rent” it back to your child. Tax deductions are even better on investment property, as repairs, taxes, insurance – and most expenses can be deducted. (This is not tax advice! Always speak with your CPA or tax advisor for your specific situation.)

Another option: A parent may be able to give a child up to $14,000 a year to pay that rent. Two parents can give a total of $28,000. As always, there are always rules on top of rules, and they change, so check with your tax accountant.

Other benefits of owning your child’s college digs include fixed housing expenses and housing stability. The child won’t have to go through the summer move-out and the rush to find a new place in the fall, and there will be no “surprises” about how much the next rental will cost – especially if the loan is on a fixed rate.

Hopefully, the ownership scenario will also provide a more productive environment for, let’s say, doing something like… homework. But with 4 roommates in the house, you shouldn’t count on that.

Author Kathy Fettke is the founder and co-CEO of Real Wealth Network. You can reach her at [email protected].

Co-author Donna Behrens is podcast producer and writer for Real Wealth Network.

 

A Q-&-A with KENT CLOTHIER

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CEO | REAL ESTATE WORLDWIDE

In this Exclusive Interview, the Real Estate Mogul & Serial Entrepreneur Discusses Markets, Goals, Family, and his REI career.

Interview by Linda Pliagas

Recently our team had the opportunity to interview one of the most well-known and respected real estate entrepreneurs in the industry, Kent Clothier. We discussed everything from his most recent Find and Flip Summit to discovering who some of his greatest mentors are.

In this memorable interview, Kent also shares some touching personal photos and discussed how real estate investing can give individual investors the freedom needed to fully enjoy family life.

Realty411: Kent, you recently wrapped up the Find and Flip Summit with Grant Cardone. What was that all about?

KENT: The Find & Flip Summit was all about showing investors how to take the “next step” towards financial freedom. We had an amazing group of speakers and trainers from around the country coming – myself, Grant Cardone, Sean Terry, Pat Precourt, Justin Colby, Elena Cardone, Chris Clothier, Brett Tanner, and Frank McKinney are just a few of the big names joining us this year.

In fact, at last count, this outstanding lineup has bought and sold over 8,000 properties, sold over $1 Billion in 2017 alone, and manages or owns rental portfolios valued at over $1.3 Billion.

It truly was an incredible event showcasing the best-of-the-best, and it created massive impact to the hundreds of attendees who attended.

Realty411: What are some markets that your team is most interested in acquiring properties in?

KENT:Memphis, Phoenix, San Diego, Oklahoma City, Dallas/Ft. Worth, Houston, Las Vegas, and Little Rock are just a few of the markets that we are currently really focused on.

Realty411: Can you give our readers some advice on how they can get their investment career to the next level?

KENT: Pay close attention to who you are learning from. Do they have the scars? Do they have the experience and wisdom you desire? Are they living the life that you desire or are they just really good at marketing?

Your mentors should have bullet-proof systems, processes, online trainings, and lead-generation systems. We have worked really hard over the years at REWW and Memphis Invest to truly demonstrate what it takes at every level of the game and to be leaders in the market for anyone to follow.

Realty411: Who are some of your mentors or people who have impacted your way of thinking?

KENT:I have had mentors my entire life that have helped guide my career. My father played a critical role in early business and leadership development. He pushed my brothers and me harder than most people would think is normal, but it paid off. Outside of him, there have been a ton. Specifically, Sal Ricciardi, Roland Frasier, Frank Kern, my uncle – John Bloodworth.

Realty411: As a real estate entrepreneur, you are diversified by having an array of products such as 1-800-SELLNOW, Find Motivated Sellers Now, Find Cash Buyers NOW and Find Private Lenders NOW. Do you believe in diversifying in different markets as well for your real estate portfolio?

KENT:I do. I own properties or notes in Florida, Tennessee, Texas, Arizona, and California. To your point, I have business interests in many facets of real estate, digital marketing, online training, software as a service, an investment fund.

My partners and I are always looking for ways to expand our reach and add to our portfolio of companies and properties.

Realty411: Kent, what are some of your goals for 2018 and beyond?

Kent: I am very excited about 2018 and our road map. We have great outlook and game plan to continue to expand our reach through our Boardroom Mastermind program and our REWW Academy program.

We feel there is a real void in the market right now and an area that is undeserved.

That area is the “tweener” investor or agent. What I mean is: There is a huge swath of people that know how to do the transactions and are making some money, but it’s not even close to being a business. Equally, there are a lot of people out there that have a great circle of influence – like a Meetup group or REIA – but have no idea how to turn it into a business.

No one is talking to these people and certainly not providing them with real leverage points to help them turn the corner and FINALLY get what they want….financial freedom. We can do that for them.

We have a highly-acclaimed online training academy (REWW Academy) that we have spent an enormous amount of money to develop over the last two years with a team of Ph.Ds. We used a proven learning ISD format (just like they do with college courses) and brought in the best experts to teach these classes.

So now, here we are with this massive asset that literally anyone in the country can leverage and point their team members, new hires, local network, local meetup, or local REIA club right to it to get trained by the best in the business.

They can buy it for their own purposes or sell it as a service to their group and get paid a commission by us. Bottom line, it’s “plug and play” and is a complete “white glove” business in a box for them.

The same is true of our Boardroom Mastermind This has quickly become the premier real estate investing mastermind in the country with almost 200 members from around the country.

Again, it’s an easy place for people to get their teams trained by the best, rub shoulders with the brightest and most successful investor network in the country, and help to grow and monetize their own network if they desire.

In closing, I’d like to point out that we have invested in a lot of infrastructure, so others won’t have to. They simply need to step into our world and let us show them how to make it their own.

Realty411: How did you and your family turn your real estate passion into an empire? When did you decide to leave your previous occupations and focus only on real estate?

KENT:We all came into the business in the early 2000s in different cities and for different reasons. I was in South Florida, Chris was in Denver, and my father was in Memphis. It wasn’t until the mid 2000s that we really began to understand that we were doing something unique with our business model, our marketing, and our customer service. At that point, we turned the corner and went all in and decided we are going to become leaders in this industry because, quite frankly, there was just a sea of mediocrity out there, and we couldn’t stand it.

Realty411: What are some of your favorite ways to unwind and rejuvenate?

KENT:I love to hang with my wife and kids. Love to go to the beach here in San Diego, go paddle boarding, or just travel the world.

Realty411: Real estate is a relationship-based business, what are some ways investors can create rapport to enhance their careers?

KENT: Decide what your core values really are and only communicate from that place. What do you stand for? What do you stand against? Why are you doing what you’re doing? Why does your business matter? What impact are you trying to create in the market?

You see, people want to belong. We are all looking for our tribe and want to surround ourselves with people that inspire us or make us feel better about life. So, being clear on who you are first and then being very “out there’ with that information, allows people to quickly connect with you.

It also allows you to cut through all the noise and confusion and just surround yourself with people that are going to build you up, make you better, and make this business more successful. It will also allow you to easily run off the naysayers and time vampires. They won’t want anything to do with you. Best part, either way – you win.

Realty411: You’ve stepped back from speaking at many events, how can our readers learn from you if they cannot attend a live event?

Kent: We are not hard to find. We have hundreds of YouTube videos, Facebook posts, blog posts, articles, and a big social media presence. Go look up “Kent Clothier” or “Real Estate Worldwide” and you’ll find a ton of stuff out there.

But in the end, there’s nothing like one of our live events and getting that “raw-and-uncut” information straight from the horse’s mouth. Do whatever it takes to get there, but I’ll make it worth your time. Guaranteed. 🙂

 

Photographs courtesy of Kent Clothier. For Kent one of the best parts of being a real estate investor is the freedom to spend time with family. In these photos Seema, his wife, along with their daughters enjoy quality time with Kent.

The ONLY BAY AREA Connection You’ll Ever Need – BAMF

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Interview by Anita Cooper

Ms. Holly Lynn’s Bay Area Multifamily Meetup Group attracts networking mavens for hungry investors to connect, invest, and retire rich.

For most investors, it starts with the dream. You know the one… financial (and time) independence through investing in property?

While real estate is a fantastic wealth-creation vehicle, you’ll be spinning your wheels a lot if you don’t have the right connections in place to get things done.

Yes, in real estate, success often depends on who…not just what…you know!

Everyone tells you that it’s important to build a team when investing in property, and that’s true, definitely.

But wouldn’t it be easier if you simply had a single contact instead? Someone who could “connect the dots” between what you need and who can help meet that need?

Meet Holly Lynn of Bay Area Multi-Family Meetup. She’s that “someone” who can help you make the connections you need to build your wealth.

“My database is global. I know 20 people for every one subject, so when people contact me, I can connect them with the right person for their needs.”

Holly works with a variety of investors, everyone from individuals to groups of investors, helping them obtain the finance they need to get the results they want.

Specifically, investors can look to Holly for their private lending needs, and for opportunities to build their team by attending networking events such as at her famous mixers.

“The feedback I’ve been getting from investors is amazing,” says Holly. “We offer loads of information that helps investors grow their knowledge. I’ve also been able to connect investors with people who help them get fantastic results!”

YOUR NETWORK BEGINS HERE

Often, you’ll meet someone who is amazing in the real estate industry but is an average, or sometimes even less than average networker.

Holly, however, is one of those rare individuals who is a rockstar at networking, and a whiz at real estate…a powerful combination for any investor looking to grow their portfolio.

Why does she do what she does?

“I am passionate about helping people take back their time. Look, I haven’t worked a retail job since I was 19 — I want others to have the same opportunity.”

FACE TO FACE CONNECTIONS

Holly Lynn is all about making connections. But it’s not just what she does…it’s who she is, and when someone has that level of passion they love to share it with others every chance they get.

One of the most popular, and effective network-ing avenues is to face to face…even in this modern, social media age.

So to help investors, each month Holly offers a mixer where she serves as a bridge, helping investors connect with people they need for their investments and deals.

SOCIAL MEDIA CONNECTIONS

Holly’s social media accounts are ablaze with activity too; people share what they’ve been able to do, the goals they’ve reached and the connections they’ve made.

“Social influence is definitely me. That’s how I connect people. I make calls constantly to get to know people, then I connect the dots. I know who is looking for what, so I make the connection, get them together and enjoy watching the results!”

Her reputation is seen in the lives changed…

“Holly Lynn is a personable and well connected real estate investor and professional that brings deals together for a win/win outcome.” – B. Sharma, Investor

“If you’ve been waiting for an opportunity, maybe this is it. As “The Real Estate Investor’s Lawyer” I have spoken in front of many real estate investor clubs. Holly’s investor club had some of the highest quality attendees I have ever seen.

They are engaged, experienced and actually doing deals and/or seriously interested in doing deals. I give her a lot of credit for attracting that high quality of real estate professional.

I have also had the privilege and pleasure of representing Holly and have been very impressed with her and her real estate investing activities.

They say that opportunity never knocks twice. There’s even a parable of how opportunity is a bald man with a long beard. You can only grab him when he’s in front of you and you can’t get him back once he passes you. If you’ve been waiting for an opportunity, maybe this is it.”

– J. Lerman, Litigator

‘As “The Real Estate Investor’s Lawyer” I have spoken in front of many real estate investor clubs. Holly’s investor club had some of the highest quality attendees I have ever seen. They are engaged, experienced and actually doing deals and/or seriously interested in doing deals. I give her a lot of credit for attracting that high quality of real estate professional.’ ~Jeffrey Lehrman, Esq.

JOIN THE CLUB

Find out more about Holly Lynn and her Meetup Group, BAMF, by connecting online at: https://www.meetup.com/MFinvestingMeetup/