Dean Graziosi Weekly Wisdom #219 - Being an Area Manager

thanks for the weekly wisdom,waiting for the next wisdom

I want to be an Area Manager. I too have that fear factor. I have been doing my own deals and keeping them for positive cash flow.

Still waiting for a good deal.

Thanks For the info and motivation Dean

Once again I eavesdrop on your ecstatic & earnest enthusiasm. I am always impressed by your earful of educated, eager beaver engergy, eagerly encouraging us not to ease up or ease off on our personal economic dreams. You must have some secret elixir containing the spirit of Eddie Rickenbacker that makes you launch headlong daily into helping others grow. I appreciate it.

Hello Dean,

Thanks for all the great talks.

You have a great day

Noel Powell.

Hi Dean,

Thanks for your weekly blog. Your area manager project sure is motivator for many new and current investors. Your wisdom provides confidence and motivation to me. I look forward to be part of your team.

Debora
Woodbridge, VA

Thanks Dean for your weekly wisdom. I had trouble posting my research two weeks ago, but I kept it & will post it anyway. I'm just beginning to read you online books & I am very encouraged by the potential.

1.What city are you in?
Philadelphia, PA

2.What is the current unemployment rate and what was it 12 months ago?
Philadelphia’s unemployment rate in November 2012 was 10.4 percent. The rate decreased by 0.4 percentage points compared to October 2012 and 0.5 percentage points since November 2011.

3.What’s the current average cost of 3 bedroom house in your area?
The median sales price for homes in Philadelphia PA for Oct 12 to Dec 12 was $133,000. This represents a decline of 11.3%, or $17,000, compared to the prior quarter and an increase of 12.3% compared to the prior year. Sales prices have appreciated 12.7% over the last 5 years in Philadelphia.

4.What’s the average rent for that same house?
Fair market rent for a 3-bedroom apartment is $1061 a month.

5.What are the average annual taxes for that property?
Median real estate property taxes paid for housing units with no mortgage in 2009: $1,085

6.What are the current days on market?
The average that home selling in Philadelphia is taking is just over 200 days (2010)

Dean,
Thank you for the spark of energy again. Between you and my xtreme guru's, I miss out on a lot of sleep. I have been in this for a month solid, and even after 23 years of owning many construction companies, I AM STOKED in this new line of work (which is actually fun so I don't concider it work). Got my resume ready and my team is standing by my side 24/7.
Hope to chat soon. BTW, Boise, Idaho was ranked #1 city in men's health magazine and #3 in Const. Rehab, and place to live in Woman' Health magazine. I am so glad I live here now. Tim Scheibe

Wow, what a great update and great opportunity!!! Keep up the great work you do!! Love your enthusiasm!!

I have to really thank you for all the pushing you do. It has really helped me to be a little more focused. For some reason my subconscious is just keeping me on the fence. I'm not sure what it is but I just have a hard time just getting out there and doing this. Maybe I'm just scared or feel I'm not sure what to do. I made a promise to myself to just do it and every video you make keeps me going. Hope the motivation keeps coming.
Here is to a great 2013!!!
Thanks a Million!!!!

I would love to be a area manager for my area in Bellingham, wa. Please give my area a try.

Dean, I have been at this for a little while now I am totally motivated and ready to leap right in to locating houses.I have a numbers of low prices property that are ready to be flip are buy. all I need is a sellers. I did attend workshop this pass weekend.This year i am ready to step out on faith in 2013. willing to put in the work. Dean thanks for the motivation with each week blogs look forward to reading them!!!

I am happy to see the enthusiasm from everyone and the motivation this site offers. I, too, would be honored to be an Area Manager for Dean and his team! With my many years of outside sales and business development experience managing my assigned territories, I know it truely takes diccipline, motivation and persistance to get results. Cincinnati Ohio area is showing sure signs of investment opportunity. Local investors here are eating up opportunity. Our un-employment rate is dropping. Teaming up with Dean to close deal after deal would be both rewarding to him and to me and my 5 children.

Hi Dean,

I've been watching your weekly widsom videos for a while now. I have a membership in a group involved in helping real estate investors find deals. However, it's not really moving as fast as I tought it would.

I have 3 very specific questions for you:

(1) Which one of your books you would recommend for someone that haven't done a deal yet but is very motivated to get going. I want a very practical book, not a theoretical book.

(2) I am Canadian and would like to know how easy it is to do contract assignment deals in the US to make money.

(3) Do you offer mentoring especially when you're a Canadian wanting to invest in US. So far, I got some training but you are kinf of left alone without any real mentor.

I'm looking forward to getting in touch with you soon.

Best regards,

Noël

Thank you once again, Dean for helping all of us. You are the first course I have taken that actually works like you say it does. I am so excited to become an area manager, if chosen by you. Whoever gets the job, I wish them all the best. Thank you once again.

Dean, i had the pleasure of meeting you at the buying summit this past weekend! Man was it a blast, just so much energy and great things happening at this event, i cant wait to go again! incase anybody reading does not know what the buying summit is, look into it!

I've been involved with DG for about three months now, and am so excited to have started at age 21. So Dean, i'd like to thank you for opening my eyes to the world of real estate, and i can only hope to personally work with you in the future.

Andrew Shepard, you will be hearing from me again!

Dean, thanks again for another exciting weekly wisdom.. you are an inspiration to all of us. I can't wait until you pick your area managers, I hope I'm the one to help you in the Cleveland, Ohio area. Good luck to everyone.. Dean and Matt, thanks again for this great opportunity.. hear from you soon.. Steve Scotch

Thanks Dean and Matt for the inspiration,
This was eye opening for me in doing research on my area.San Pablo, Ca; SF Bay Area;population 29,609.Unemployment rate 16.7%; 1 year ago unemployment rate 19.1%;average cost of 3 Bdrm house 177,940;average rent $1,600;average property tax $2,730;DOM I`m still trying to find;
Anyway,
Thanks guys for the inspiration,
Ira

Hi Dean&Matt: I am so excited about the update,on area managers. I would love to be 0ne. I am so anxious, about all the information you shared with us in this blog. today. I am really excited about wholesailing. I want too learn more. Take care, Carol in Texas.

Awesome blog and opportunity! Whether it be for you or anyone else- just keep on going!! As always you are wonderfully motivating. Thanks!!!

That's right Dean, no matter what - we are all here in the right place at the right time. Love it.
Pat

it's me again . i'm not sure which areas you're most interested in, however as i have 2 and in my normal business duties i'm constantly driving neighborhoods it gives me a perfect chance to multi task and also "drive for dollars". if i had to choose i'd prefer n.c., but i plan on doing at least 10 deals per month with you so i can afford to be anywhere.
as for the tickets for the i.e. members, i'm talking to my kids about going with us and why should they get to hang out by the pool while we're learning how to make our millions?
keep moving forward, rob

I have a couple more deals to post here too! WOOT WOOT! Also have 6 going in ANOTHER area you'd love. God is good, all the time! Thank you for being YOU!

~Tammy

Dear Dean!
It was a good experience to meet you & other staff in Las Vagus buy summit.
My hubby & I came back to KS/MO, and started again to make deals. I'm offereing deals consistently in my areas. Thus, I'd love to work w/ you in my areas as an area manager because KS/MO areas are hit the 3rd most in the US housing market. A lot of investors from out of states & foreginers come to the Greater KC areas to invest due to inexpansive & a great deals of inventories in these areas. Therefore, let's work together and invest in my areas. Looking forward to working w/ you & your staff.
Sincerely,
Roy & Rebecca Flaig

Hello Dean, as a area manager,I would need the polishing to your education. Five and a half years I've watched your students Matt, Carol,Joe and all the others from the Edge and blogs. So I feel to say anything why I haven't jump out of the rut would only be excuses,which I do not use in my present job.
I am a generl Foreman for a large north america co. now expanding into Canada, and Australia.
My duties inculed form designs for concrete placement. Work over carpenters, concrete finishers, and labors. Manpower deanlines and cost are factors in bussiness. They keep me out of town 350 days a year and my cumputer skills are or should say aren't I've told Dean he isn't the worst speller either. For all said and much not said I would like you to entertain the thouht of me fitting into your area manger/DG family.We met acouple of times but you mentioned one of them that you really loved my excitiment. Lets put it to work.
Enjoy & Until Lets start that wave even bigger

Love when you give us exercises to do like running those numbers! I learned so much about my local market and realized that were at the bottom and can just feel the 140 DOM getting less as I'm a part of 4 rehabs right now. One is under rental contract, one sold in less than a month after we got it and before rehab was done. I just did my first assignment last week and have another one in the works. Living in Lincoln, ne when Warren Buffet comes out and says how great of an investment real estate is right now it sure helps to! 2013 is going to be big!

Thanks for all the weekly wisdoms and keep coming up with those great assignments and book referrals! Currently reading the Power of Now for the second time! Dave

We are so excited. We are just doing exactly what Dean has been telling us on the weekly blogs. We put in offers and in 2 days one was accepted. We have so many CASH BUYERS just waiting for us to get deals to them. We bid on the house for $28,000 and got it. Now who will be our lucky Cash Buyer to get this amazing deal;-} We started doing this business for our son, Heston who just got out of the Air Force after 7 years. He is having a blast learning something new and being able to work with Mom & Dad;-} Thank you Dean for all your trainings. We are NOT sitting around waiting, or hoping it works. we are MAKING it work. Dan, Kendra & Heston Olson the Tenacity 3 REI team.

Thanks to you Dean I am headed straight to the top!! You inspire me to be the best thst I can be, you spark new ideas to grow my business, and consistently show that everyone can do this if you just take action!!

You are the Best!! Thank you!!

Courtney

It's a wonderful life! We can be anyone we want to be!

I have just become a wholesale deal locater for a funder. It is fun shopping for a buyer

Thanks again for your inspiration!

ginni