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Don’t miss your chance to save 50% off on my newest clickbank product
Learn the top real estate investing strategies to use in our current housing slump.
Also be sure to get our FREE newsletter from www.FreeInvestingNewsletter.com
This is one of many Articles published in My Free Investing Newsletter you can get my newsletter by clicking this link Real Estate Newsletters
Over the weekend my wife and I went to see one of those crazy hypnotism comedy shows. You know the shows where they get like 20 people to come up on the stage and make fools of themselves while they are hypnotized.
One of my favorite tricks of the evening was when the hypnotist convinced this 300 lb Hulk looking dude that he could not lift his left foot off ground. Here was this man, who on an average day could probably squat 600 or 700 lbs, but when hypnotized he could not life his foot no matter how hard he tried. His face was beat red, he was sweating buckets, you could clearly see that he was trying with all his mite but that foot would not move.
Why couldn’t this massive muscular dude move his foot? Experts will tell you that when you are under hypnosis the hypnotist is speaking directly with your subconscious. Without your conscious mind making all of the decisions about what you can and cannot do, your subconscious mind is much more open to suggestion. This 300 lb guy could not move his foot simply because he didn’t think that he could.
How does this relate to you? If simple thoughts could render the Hulks foot useless, how could your thoughts about investing success be affecting you? Have you convinced yourself that you can’t achieve success as an investor for one reason or another? Is the market too bad? Do you need more money first? What limiting beliefs do you have about what you can achieve? Have you hypnotized yourself into limited success without knowing it?
If your a struggling newbie your answers to the questions will move you closer to the root cause of your problem. Even if your a seasoned investor, you are likely to have some limiting beliefs about how big you can grow your business. Once you uncover your limiting beliefs, you simply need to notice when that little voice inside starts trying to convince you of your limits. Instead of getting in a pushing match with the little voice, simply ask “How do I know this is true?”. If there is no way of knowing whether or not something is true, you simply need to dismiss what the voice has to say and move on.
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This article is an excerpt from my Real Estate Investing Newsletter
Over the holidays I had the pleasure of speaking with one of my coaching students about a closing that he just finished. This was no ordinary closing, this was his first closing since he had started living his dream of becoming a real estate investor. Ever since Jay was about 15 years old, he said that he had been fascinated by real estate investing. Coming from an extremely humble beginnings Jay knew that college most likely would not be an option for him. Jay saw real estate as his only escape from the traditional 9-5 blue collar jobs that his parent had worked so desperately hard at for most of his life.
Jay did not do particularly well in school, he was more of a daydreamer. Of course our school systems don’t offer many rewards for daydreamers. Instead the daydreamers of our world are poked and prodded until they become like everyone else. Luckily for Jay he had a strong will like his mother. When the bad grades arrived Jay did not see them as reflecting on him. Instead he looked at his “Bad grades”as an indicator that he was doing something right, because from the looks of things being just like everybody else didn’t look so rewarding.
I asked Jay what advice he had for other rookie investors who are currently struggling to keep their faith about investing during these “Troubled times”. His answer was no less than perfection, “Troubled times, I guess I didn’t know we were having troubled times Eric. Maybe while I was daydreaming about what could be, I forget to pay attention to how bad the market supposedly is”.
Then this once labeled “Slow” 22 year old man said one of the greatest lines I have ever heard. He said “Eric just a minute, let me run into the dining room and grab my check, maybe my check can tell you about our troubled times”.
I cannot tell you how much I appreciated spending time on the phone with Jay. How many of you would be much better off being just a little “Slow” and decided not to listen to your friends, family and the media about how “Bad” our market is.
The problem with the “Bad market” mindset is that if you think the markets bad, then it is. Once your reality says the market is bad, then you severely limit your chances of accomplishing anything. Instead of seeing our real estate market as either good or bad, just see it as “The market”, then adjust your real estate investing strategies accordingly.
If you would like to learn more real estate investing strategies for investing in a slow real estate market please visit my site www.GreatGuruGiveaway.com
How much money Should I make per wholesaling/Flipping deal it sounds like $10k is the going rate?
I know my market wont bear too many $10,000+ wholesale deals right now. Maybe a few here or there, I have had a couple of people make $40k plus. The factor that many investors fail to look at when they want to make $10k+ per deal is how many $5k-8k deals are they passing on while they are waiting for a $10k deal. I would much rather do 4x$5k deals in a month then a $10k deal every 2 months.
One huge factor that most people forget drives price besides location, and condition of the home is the amount of investor competition in the area. Too many investors make prices artificially climb. One large investor willing to except $5k a deal could literally knock every other investor out of decent profits.
When I meet with new investors I tell them my program:
1. I will tell you how much I can sell the home for when its done and how fast I can sell it at that price.
2. You tell me how much you will have into repairs.
3. Then decide how greedy you are.
I have had investors looking for a GREAT deal for months while my other investors settle for GOOD deals and are doing a couple per month.
$8,000 profit will always be $8,000 that you didn’t have before, if you see a lot of great deals then go for those, but if your 1 or 2 months in and haven’t found your $10k deal then maybe you need to lower your standards a bit.
Many rookie real estate investors use the “Waiting” game for huge profits as a crutch so they don’t have to ever step up to the plate. These rookies run around talking about being an investor, looking at homes, doing their courses, and keep getting ready to get ready. Then when people ask them how many deals they have done they can say “I’m still looking, just have not found the right house yet”.
You do need to do your homework don’t get me wrong, the last thing you need to do is buy a $200k home and make only $10k. In my market many real estate investors are waiting for some GREAT deals to come up in the nicer areas ($85k to $300k), the problem is these deals are not coming around often enough. Then when these “Super deals” do come up they are no longer “Super deals” because everyone wants them.
Meanwhile you could be buying in the “bad part of the city” where wholesaling produces less money, but higher volume availability. The investors looking in the pretty areas do not want to buy in this area because “its not a nice neighborhood”. Great for you,
So to reiterate:
Most real estate wholesalers are waiting to maybe make $10k per transaction. But, these deals come around about once or twice a month with fierce competition.
I would rather pick up 5-6 deals a month making $5-8k per deal on homes than not doing any deals at all.
I want to leave you with something to think about. “thinking about getting into real estate” for more than a month, then your no longer “thinking about getting into real estate” your just “Thinking of reasons why you can’t do it”.
To Your Success,
Eric Medemar
P.S If you want to learn how to make between $5,000-$20,000 per deal feel free to visit http://www.GreatGuruGiveaway.com (Oh, and we are giving away a FREE House)
Being in the real estate wholesaling business I have learned alot of things and this is one of them.
In order to change your life, you must first change the decisions that you make a daily basis. Poor decision making can account for up to 99% of your current position in life. In order to make better decisions we must first identify all of the decisions that we have made that have gotten us up to where we are today. Without knowing the good and bad decisions that we have made it will be nearly impossible to change our lives.
So why do you make so many bad decisions? One of the main reasons for our complete lack of decision-making ability is that our minds are preprogrammed for short term pleasure. Short term pleasure does not necessarily mean that we enjoy what we are doing. Short term pleasure can be derived simply by thinking that what we are currently doing is easier than our other alternatives. The funny part is “easier” does not always mean easier either. Short-term easy often means less effort or less immediate pain. To make things even more complicated “pain” does not always mean pain either. Pain is far too often thrown into a group with performing the unknown. It’s funny how many people would much rather have a painful “known” thing happen rather than commit to a wonderful “unknown”.
One of the tools that I have developed to get around our poor decision making skills is called the 5×5 method. Whenever you need to make a decision ask yourself 5 simple questions.
1. How will this decision impact my life 5 minutes from now.
2. How will this decision impact my life 5 hours from now.
3. If I keep making this decision, how will it affect my life 5 weeks from now.
4. If I keep making this decision, how will it affect my life 5 months from now.
5. If I keep making this decision, how will it affect my life 5 years from now.
If you can derive a positive answer to all of those questions then you can rest easy knowing that you have made a good decision.
If you are interested in Grand Rapids Foreclosures you must check out this site: www.Incomehomes.com
WE are giving away a house for FREE check out our Home Raffle site
Are you ready to try a home raffle? If you are in a negative equity position and would like to avoid foreclosure, raffling your home may be your only option. Once you decide to raffle your home there are a couple of things that you should keep in mind.
In this article I am going to help you avoid one of the biggest mistakes that I see homeowners make when they try to raffle off their homes. A vast majority of you who are attempting to raffle off your homes have not been trained in home sales. I happen to know just a little bit about selling homes so I am going to share a very valuable tip for making your raffle both timely and successful.
When you are putting together your raffle one of the keys to success is to remember you are not just selling tickets, you are selling the dream of home ownership. People who focus on selling tickets rather than dreams often end up falling short on sales. Basically, keep all of your marketing efforts focused on your customers wants and needs, rather than you own needs to sell tickets.
Best of luck with your Home Raffle

Real estate investing has been very good to me this year.
I was contemplating ways to celebrate the 1 year anniversary of my Ultimate Wholesaling System and I decided to give away a house.
Since my investing courses already set the standard for investor education, I figured I might as well set the standard for free giveaways as well.
To learn more about getting your FREE house as well as see some extremely special pricing on my investing systems click here house raffle
Here is a list of FREE Classified Websites to promote yourself.
Don’t miss your chance to win a free houses at FREE House Raffle
I decided since my investing courses have already set the standard of investor education, I might as well set the standard for FREE giveaways as well.
To claim your FREE house check out http://www.greatgurugiveaway.com
I am going to start posting weekly videos where i answer some of the online forum questions. I feel like I need to do my part to help people out, but I hate typing.
I look like I might fall asleep in this, TOO many donuts I guess.