Monday, January 19, 2009

I get so mad when I hear from members that someone told them “That can’t be done”, “That won't work”, or "You can't do that". I have seen this occur for no less than every week for 15 years that I have been teaching creative ways to do business nationally. It just happened again this week.

I responded to the associate with the real "message" this person is really saying and that is “They don’t know how to do it”, not that it can’t be done. And further they are implying that you are too stupid to figure out how it can be done, so you shouldn't even try. 

Many new people starting a business will listen to the “expert” tell them they CAN’T do something and believe their ego lined prophesies.

Last week I had a past client of one of my older courses call me and tell me that they had bought my course 3 years ago and was told by a mortgage broker that they wouldn't be successful using the technique due to the easy market conditions at that time. The client believed them and didn’t even try.

They told me that since the market has now changed, that it seemed that NOW would be a good time to use that course. I had to break the news that… “No, in fact, it worked great back then but now was not the time to use it. Now we are using a different method.” Once I explained the method, they replied “But this new method sounds like it should have worked back then, not now.” I said, “That’s because you are still running that mortgage broker’s logic and it was wrong. You believed the mortgage broker who simply couldn’t do something and thought you were too stupid to figure out how it could be done.”  Thousands of deals were completed by others over those same years; while you lost out because of unsound advice from a supposed expert.

Do you think this expert will pay you the profits you lost on their unsound advice? No, after all… it was your decision that cost you, not their opinion. 

If a method doesn’t work in the market place, I won’t sell it or support it. And what I do sell and support is what IS working today.

Listening to others who tell you “You can’t do that”, is the fastest way to the poor house where 95% of the supposed experts are hanging out today.

You can be particularly vulnerable to these naysayers when you are having problems or portray a lack of confidence. When they sense your weakness, their ego’s go into overdrive and beat you into submission with their own false assertions. These experts are usually failing in business themselves because they listen to supposed experts themselves and have given up their own dream.

There were a lot of experts who didn’t think a Black man could win a Caucus for President, after all, it had never happened before... and even more that didn't think B Obama could be elected as president. Barack Obama then took the Oath of Office.  Don't let experts steal your dream... Make your own decisions and your own future. When you hear someone telling you that you can't do it... think "Yes We Can".
Blogged with the Flock Browser

Saturday, January 17, 2009

The Quick Version of what HSA can do for Short Sale / REO Investors

We have two programs for investors.

1. The 1% Funds Program.  This is a "Cash for a Day" type of hardmoney loan for you to use in purchasing Short Sales and REO's from Banks. This allows you to negotiate the the lowest price with Banks/Lenders. We charge 1% plus $300.00 at closing for the use of these funds during your closing. 

2. We show you how to use a Down Payment Assistance Program that can be used with non-FHA lenders. This is not a Gift Program. It allows you to take the equity in a home and get it to the buyer at closing as their required down payment from most lenders.

We do not buy notes, or make loans.

You will use the above funds to be able to obtain a POF (Proof of Funds) so you can provide to the bank when you start your negotiation. At the same time you start to market for a "A" Credit Buyer that will buy at a discounted price (under FMV). Once you find a preapproved buyer you submit them and your Bank acceptance letter to our Investor and title company for closing. The two transactions close together, your profit will have the 1% Funds free and any closing cost take from it and you are given a check for the remainder.

The buyers are located by two main methods. 

1. Our marketing plan that you are taught. Using Bandit Signs advertising Foreclosure in the area.

2.Existing Mortgage Brokers: Including pushing some of the equity to down payment. Many buyers are approved, but they don't have the down required. These are dead files at many mortgage brokers offices waiting for your phone call.

3. The Realtor: The realtor can find wholesale buyers easily right now, it's the retail buyers that can't be found. We teach a realtor aquisition technique that will have your phone ringing off the hook with deals where agents have buyers already lined up for the shortsale, just waiting for you to jump in the middle.

How the deal flows:
Many shortsales are already listed or have been arranged. You locate these via MLS/Realtors and Craigslist etc. You print out the POF and the Option Offer from the back office auto fill software provide free. File the Option with the Court House once accepted. Start showing the home to new buyers.  Negotiate the payoff shortsale with the bank. Send in the buyer approval and the bank offer approval to our investor and the title company.

Wait for closing.
Blogged with the Flock Browser

Tuesday, January 06, 2009

A Millionaire Mind Program

Money today is more important than Money tomorrow.

This is one of the hardest lessons I had to learn in business. It is the most important lesson about cash you will ever learn. It won't be easy to learn and utilize because every pore of your body will want you to believe and act the opposite. Not following this principal causes entrepreneurs 98% of their failures. It is the core principal that can also cause any business to prosper immediately once learned and utilized.

There is nothing more important than understanding the fact that making $1.00 today is more valuable than making $300.00 in 90 days.

Which would you rather have; the ability to make $400 today, or work daily toward making $25,000.00 in 90 days?

Most people pick the $25,000 in 90 days. But you should pick the $400.00 today. Here's the reasoning: If you can make $400 today, then you can duplicate that for the next 90 days and would have earned $36,000.00. That means even if you missed 30 days and didn't earn $400 on those days, you would still have earned the $25,000.00. But if just one thing went wrong during the 90 days you may not earn the $25,000.00 and would have LOST $25,000 or more you could have earned day-by-day using a safer method of earning. You would have to start another 90 session in which time; had you been steadily earning the $400 daily, would have over $72,000 in the same 180 day period.

Now if you can do something that will earn yourself $400.00 a day, surly you could work out a way to double or triple that amount during the 180 day (6 mth) period. That would mean earning $200,000 - $300,000 over the next 12 months. Even if you missed earning for half the days in the year, you would still end the year with over $100,000 of steady, dependable, bill paying money. Now during the year, with steady money coming in, it will allow you to gamble on the 90 day $25,000 paydays. But if they don't work out, you're still not having to go back to a J.O.B.

Some people subconsciously use the concept of making money later as an excuse not to "work" and make money today. They don't want to feel the pressure of making money today. It becomes a way of life, they start to live in a dream of making the big payday "shortly", but not today. Others fall in love with the idea of the making "The Big Money", it's almost a bragging right to say, "I made $30,000 on that one deal". Others will say, I must earn $25,000 a month, therefore, I will go after the Big Payday and they overlook the $400.00 a day method to a greater fortune.

The bottom line is that a big check every once in a while, won't pay the bills, and won't allow you to buy anything of significant value because you can't "count" on steady income. Millionaires get to live a life without stress when money comes in on a steady basis, with very little variation to the downside.

Insure you have a base of money coming in that is automatic and steady. Then work on getting large lump sums of cash coming in.

Implement the following Mind Program. I'm earning daily cash income. I make $400.00 Everyday; 7 days a week. I don't care about cash next month, I care about cash today.

Saturday, January 03, 2009

The Future of Video Conferencing is Here...

2 minutes after seeing this new technology and video presentation system, I was sold. It replaces what I'm currently paying hundreds of dollars a month for. The video email alone is worth the small fee, but the Conference Video blew me away. I'm working with the owners of the company to add some finishing touches that will leave gotomeeting and gotowebinar in the dust. On top of that... as if that wasn't good enough, they added a way to earn money with the system as well.

I'm incorporating their conference video technology into my marketing and real estate teaching websites over the next few weeks. I hope you will also see how this can take your business to the next level.

The official startup of the company is happening Sat Jan 3, 2009 at 1:00 pm EST. Watch the Live Event link at www.watchjohntv.com to learn and see what this is all about and how you can use it to build your business online.

http://www.watchjohntv.com
Blogged with the Flock Browser

Register below for John's next Live Webcast held weekly

Contact Information
First Name *
Last Name *
Email *
We respect your email privacy.