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Yesterday, my cellphone rang as I was driving to the ice rink to pick up my son. It was one of my Field Guide subscribers who I have talked to from time to time about their investing strategy. Earlier this year, they embarked on a strategy I said was risky for many reasons. Their goal? [...] Read more »

Find the right people and then get them into the right position. That is a major point in the book Good to Great and I agree with it completely. Finding the right person is very important.
When you think you have found the right person to add to your organization it can be difficult to backtrack [...] Read more »

I had an interesting phone call a couple of weeks ago with someone wanting to “collaborate”. During the conversation she said, “You have to offer the whole package. Think of it as a soup to nuts business school. You could charge $50-75,000 or more if you segmented it right and it was spread over [...] Read more »

This morning I get an email from one of our people in the field trying to sell a home we have had in our inventory for a while. They wanted to know how to get in contact with former renters to get copies of the utility bills.
Huh? Are you nuts?
They said in the email they [...] Read more »

We’ve all read it in the various materials and heard them say it at seminars. Who is “them”? The gurus.
How many times have you read or heard someone say, “The best way to make money is in real estate! It is how the rich really do it! Look at Donald Trump, that is how he [...] Read more »

Dramatic huh?
But, that is what gurus are screaming about the recently announced change from Freddie Mac on refinances. A similar change is expected from Fannie Mae.
What is the change? They will not allow a refinance if the property has been in an LLC any time over the last six months.
But, not to worry, these same [...] Read more »

My name is Reese and I found Tim through the realestateinvestor.com site. I am very happy I was able to convince him to work with me.
I am 29 years old, unmarried, with a good job. I want to get married in the future, have a family and good retirement.
During my calls with Tim last week [...] Read more »

I have been lurking and posting at various forums looking for a very specific person.
The person I was looking for is…

New to investing
Average resources
Little (preferably ZERO) consumer debt
Holds a job
Does not see a job as something for losers
Not afraid of hard work
Willing to learn
Ethical beyond question
A self-starter and self-motivator
Able to complete tasks with little or [...] Read more »

I had a long conversation with a potential coaching client yesterday. We walked through the usual stuff about where they are now, how they got there, experiences, wins, losses, etc.
Then we started exploring to figure out what is holding them back.
Comfort.
Comfort?
Yep, comfort. They are very comfortable and satisfied with their life. They have no consumer [...] Read more »

Over the last couple of weeks I have learned a good bit about myself.
I learned, I like the one-to-one interaction of working with people as they start their investing journey or expand and enhance their efforts.
I guess I kind of already knew that which is one reason I was trying for several months to broaden [...] Read more »