Everything Else

Here is a simple outline for those that are trying to get in their mind the assignment process.

1. Have a good buyer's list.
2. Find a good agent or agents.
3. Find properties that have repair needs, a motivated seller and are vacant.
4. Make your offers in the name of your LLC and/or Assigns.
5. Get a house under contract.
6. Contact your buyers with the info on the house.
7. Schedule your buyers to see the properties during the due diligence
period.
8. Sign an assignment contract with a buyer.
9. Get all paperwork to the title company.
10. Pick up your check.

This list is a general outline. There are other details within the steps. However, this should help give you a better understanding.

Finding money for our deals can be difficult. It is something you are always looking for if you are an active investor. Recently, I was introduced to a great company that has helped me find lenders that are interested in making a deal instead of saying no.

This company has put together a very large pool of lenders and then has vetted those lenders. They have weeded out the bad and kept the good. There are a wide variety of lenders who will do all kinds of deals.

Try these guys. They charge $16 but the results are great. Go to www.betterhardmoney.com and enter Success81. You will geet results.

Every day I have the great opportunity to deal with many of Dean's students. It is a priviledge to get to know many of you and your stories. Many of you have overcome great obstacles on your road to success.

I would like to talk about something that keeps some from tasting the success they would like. Just today I had a guy tell me how none of his offers were being accepted. He said he wanted to do well, but that he was not getting the results he wanted. I asked him how many offers he made this month and he said "two".

After a pause I asked him if he realized that two would not get him where he wanted to be. He said that he did realize it.

Make sure the property has plenty of room between purchase price and re-sale value. You must protect your investment money, avoid risking it on a property priced at or above the market value, it is not worth the risk. True you will be paid well in interest, still if you do NOT want to manage a rental, choose properties that can easily be re-sold.

You must have a clear and concise plan of action and a good attorney!!! Put everything involved in the deal on the loan papers.

Good Morning.

I have a person we are working with that is a mortgage broker. He is bringing us deals and introducing us to people with properties. What if typical fee for someone like this?

Enter "entrepreneurial traits" into Google, and the menu of frequent searches will complete the query with "... of Steve Jobs" and "... of Bill Gates," among others. These are the forces of nature that spring to mind for most of us when we think of entrepreneurs--iconic figures who seemed to burst from the womb with enterprise in their DNA.

They inspire, but they also intimidate. What if you weren't born with Jobs' creative genius or Gates' iron will? There's good news for the rest of us: Entrepreneurs can be guided to success by harnessing crucial attributes. Scholars, business experts and venture capitalists say entrepreneurs can emerge at any stage of life and from any realm, and they come in all personality types and with any grade point average.

With the housing market improving in some regions of the country, many people are becoming new homeowners.

If you're among the new property owners, congratulations. You've just taken another step up the American-dream ladder and are a homeowner. Along with the joy of painting, plumbing and yard work, you now have some new tax considerations.

The good news is you can deduct many home-related expenses. These tax breaks are available for any abode -- mobile home, single-family residence, town house, condominium or cooperative apartment.

Post continues below

And most homeowners enjoy tax breaks even when they sell their residence.

get it? MIND-SET! You have to SET in your MIND how and what it is that will make you succeed. How do you see yourself? How do you feel? What is it that will make you feel that you've achieved success? Can you see it? Can you touch it? Can you smell it?
If not, then it's just a wish! A wish that will most likely never come true!

In order to get your MIND-SET, you have to believe in yourself with all your heart and soul. You have to keep repeating to yourself what it is that you want to accomplish. Whisper it to yourself every night before you go to sleep. Say it to yourself out loud every morning when you wake up. Think about it several times during the day. Make those thoughts part of your daily life! This will make your sub-conscious make it happen for you!

Through the years I have been a landlord, I have had the opportunity to talk to other landlords. I have come to understand that a couple of things good landlords do is maintain their property and move quickly when they have a bad renter. Often times those that are rough on a property also do not pay on time on a regular basis. This does not apply to good people who are struggling and that you can work with.

Often times a new landlord gets nervous and will not complete the eviction process. I have even heard of people paying a tenant, who has damaged a property or who has not paid, to leave.

Many of you have contacted me about this info. I hope you find it helpful.

Finding money for our deals can be difficult. It is something you are always looking for if you are an active investor. Recently, I was introduced to a great company that has helped me find lenders that are interested in making a deal instead of saying no.

This company has put together a very large pool of lenders and then has vetted those lenders. They have weeded out the bad and kept the good. There are a wide variety of lenders who will do all kinds of deals.

Contact me and I will be happy to pass this information along.