My Business Dream Team

As a real estate investor I have created a business dream team to help me achieve my goals. Now I teach real estate investors and other entrepreneurs how to do the same. My new program, “, “The Ultimate Guide to Building Your Business Dream Team™”, is designed to help real estate investors and other entrepreneurs learn how to focus on the things that they do best and delegate the rest. This program will help entrepreneurs be less transactional and more transformational.

In my book, “The Book On Investing™” , I write about how I am able to buy and sell properties, sight unseen, and make handsome profits. I am able to leverage the skills and expertise of my powerful business dream team to accomplish much more that I could do on my own.
Below is the process that I used to buy and sell my first real estate investment property.

Dream Team Member #1 – Marketing Person. This real estate deal was a property that was located 300 miles from where I live. A motivated seller contacted me after receiving info from my marketing firm. I contracted out to a marketing firm. That gave me the best return and response rate.
Dream Team Member #2– Real Estate Agent. I immediately put the house under contract. The contract was generated from my automated contract writing system. I then located a local Real Estate Agent. I added this Real Estate Agent to my business dream team to get comparable sales in that neighborhood. In addition, this Real Estate Agent continues to provide me with real estate investment leads.
Dream Team Member #3- Property Inspector. From the Real Estate Agent’s contacts, I was able to add a local property inspector and handyman. The inspector reviewed the house and provided me with repair estimates. This property inspector is now a trusted partner of my business dream team. I use him frequently to inspect and repair other houses.
Dream Team Member #4– Property Buyer- Through my property inspector I was introduced to another real estate investor who buys properties with cash. I was able to sell this property to this cash buyer. The cash buyer is now an integral part of my business dream team.
Dream Team Member #5– Closing Attorney. Through my contacts with the property buyer, I was able to make contact with a local Real Estate Settlement Attorney. This Attorney handled all of legal issue associated with the purchasing and selling of this property. The attorney handled the title search, escrow management, and all of the legal paper work.
Because of the work I put into building a team, the purchase and sale of this property went forward without a hitch. I used this experience to develop a blueprint for constructing a dynamic business dream team that can be adapted to any business.
To learn more about how I can help you build your business dream team to help you achieve your goals, visit “The Ultimate Guide to Building Your Business Dream Team™”. Sign up today and get your free report!

How I Learned to Build My Business Dream Team

Rescue Impossible, Nightmare Hell!

Some of my favorite television shows are Kitchen Nightmares, Hell’s Kitchen, Bar Rescue and Hotel Impossible. These shows are so popular because people like you and I enjoy all the drama associated with these businesses on the verge of failure and how the experts like Chef Gordon Ramsay come in and save the day.

Although these shows are very entertaining, they also teach me some important lessons on business: You have to work on your business instead of in your business. Otherwise you have a job rather than a business.

Most of the business owners on these shows suffer from the typical bad business disease that other business owners have, they try to do everything themselves. On one recent episode of Kitchen Nightmares, the restaurant owner was the manager, the chef, the accountant, the cleaning person, and the host. No wonder, his business was failing; he was trying to do everything and was good at nothing.

The business owner had not learned to delegate! I had the same problem when I started my business, but quickly learned from my mistakes. Now I have the time and money to enjoy the fruits of my business. For example, I can enjoy eating lunch at Chef Gordon Ramsay’s restaurant in Las Vegas! My business continues to operate when I am not there because of “The Business Dream Team™” I have put in place.

Learning how to build a dynamic business dream team is the difference between having your business run on automatic pilot and one where you have to be there in order for it to run. When we learned the secrets of how to build “The Business Dream Team™”, our business took off like a rocket. We can now spend more time on marketing and building our business while enjoying the fruits of our business.

In an effort to help our clients achieve greater levels of success, we decided to create a program to show other business owners how to build a dynamic business dream team. The program is called, “The Ultimate Guide to Building Your Business Dream Team™.”

This program is designed to help you select, hire and manage your business dream team to help you grow your business. It includes a step by step guide, a checklist, and other modules to help you reach new levels of success.

So, don’t work in your business, get the help you need to create the life of your dreams to make your business a success. Visit us at www.mybizdreamteam.com to learn more.

Growing Wealth in 2016

To grow the wealth necessary to live the life of your dreams, you will need a mechanism to do so. It doesn’t matter if your dream is having luxuries beyond your wildest imagination or helping out family members or the local charity of your choice. You need the money and assets to help you accomplish your dreams and goals.

In this New Year, learning how to be wealthy in today’s economy is as much “art” as it is “science” – but both are learnable. It’s not a mystery, and the fact that it’s been repeated throughout history, over and over, in every culture testifies to the fact that yes, indeed, you can learn how to get rich. Sitting on your couch playing video games is probably not going to make you rich, but digging ditches for the next 50 years probably won’t either. So how can you become rich?

1.) Grow Wealth: Invest in Real Estate

This is my favorite way to get rich! Buying real estate has been one of the surest ways to get rich since before there was money. As you know everyone needs it and, as Mark Twain so eloquently stated, “they’re not making it anymore.” There are numerous paths to wealth in real estate, but it generally revolves around buying property that brings in more income than it costs to own, and holding on to that property until the prices go up.

You can start building your real estate empire right now by reading my book The Book On Investing:The Ultimate Guide for the Savvy Investor.

2.) Grow Wealth: Invest in the Stock Market

The stock market can be an incredible source of wealth for you and your family. There are a lot of different ways to invest in the stock market. From penny stocks to mutual funds to options and more – there is enough to easily make your head spin. If stocks are going to be your chosen path to getting rich – don’t simply throw your money at random companies. Take time to fully investigate the kind of investing you want to do and follow other investors within that niche to learn how they have made their fortunes.

3.) Grow Wealth: Start an Internet Business

Many internet entrepreneurs are building pretty substantial wealth through online websites and web companies. One of the most significant benefits for starting an online business is that barrier to entry is much lower, as you don’t need buildings, employees, merchandise, or other expensive items to begin – just a computer and some ingenuity. To find out more about starting or building and internet business go to My Biz Dream Team.

4.) Start a Traditional Business

Although a lot of the shopping in the world is moving online, brick and mortar businesses are still the cornerstone of our economic system. For example, you could move to an area where the economy is thriving (North Dakota) and start a business to serve the oil and gas workers in that area. Building wealth through a traditional business is built by selling either services or products to consumers or other businesses.

5.) Grow Wealth: Save Your Money

Finally, there is the good old fashion way to get rich: slowly. Save your money, each and every month, and you’ll grow wealthy just by principle. For example, if you make the average American salary, around $50,000 per year, and can live frugally to save half of your income – you could bury your cash under your mattress for 40 years and retire with a cool million bucks.

Or, if you took that money and invested in real estate, earning an average return of 12% per year, you could have $26,389,054.18 after 40 years. This is why I choose investing in real estate rather saving my way to riches.

Conclusion:

These are the top five ways that you can use to build wealth in today’s economy.

To learn how we are helping our clients achieve success by investing in real estate and in businesses, please join us at The Book On Investing. Also, if you are interested in investing in real estate, join us at RADAR Investments

Do You Want to Be Wealthy When You Grow Up?

“What do you want to be when you grow up?” is a question that you become accustomed to hearing as a child from adults. Many of us were annoyed by that question, but we admit that we have asked many children that question ourselves.

Today, let’s focus on you! Now that you are grown up, “What do you want to be?”

Do you want to be wealthy? Or are you worried about not being broke? If your focus is on not being broke, you will never be wealthy! By focusing on “not being broke” you attract “brokenness” into your life and all the negativity associated with it.

Research shows that you have over 60,000 thoughts a day and that 95% of them are the same thoughts that you had yesterday. 80% of those thoughts are negative—wealth robbing, happiness robbing thoughts. You must release those negative “brokenness” thoughts and replace them with positive “wealth building” thoughts. Then you can be what you want to be!

As you begin the New Year, think about the wealthy, abundant, and happy life that you want to live.

Conclusion
In The Savvy Investor Program™, we teach you how to create the life of your dreams. We can teach you wealth building tips that you can begin to use immediately! We help you get off the treadmill. Remember that with real estate investing as one part of your financial plan, you can create the life of your dreams by following a few time-proven wealth building strategies and techniques. Today, buy your copy of The Book on Investing.

Share this post and link with your friends so that they can begin to understand how to create a wealthy and abundant life. Let us know about other topics that you would like for us to discuss.

Do You Have the Right Financial Personality Type To Be A Successful Real Estate Investor?

Have you ever thought about your financial personality type? I hadn’t either until I read a recent article. In the article, author Casey Bond, uses the well known Myers- Briggs personality traits test and applies it to finance and investing. Her thesis is that your financial personality trait can be a determining factor for your success in money management skills and in investing. Below is the chart of financial personality types. What type are you?

Debtor (D) / Saver (S)

Debtor: If you fit this category, you tend to borrow money to make major purchases rather than saving up the necessary cash. This personality type tends to always owe money either on credit cards, student loans, or mortgages. On the other hand, if you are a debtor, you tend to also use your debt strategically; borrowing money to take advantage of high-yield opportunities that will pay off later.

Saver: Savers usually do not like to owe anyone money and would prefer to own things outright, even if that means living according to a strict budget. If you are this type, you tend to cut expenses to ensure that you have a positive cash flow, and go without when you run low on money. Savers ensure they have money for now and for the future, investing with the goal of remaining financially comfortable at all times.

Aggressive (A) / Conservative (C)

Aggressive: This personality type uses an aggressive investment approach to look for earned income. If you are this type, you tend to favor high risk, high-yield funds. You are also very open to new or uncommon investment opportunities, such as futures, commodities, currency trading, and real estate investing.

Conservative: This personality type includes individuals who are very risk-averse and generally manage their finances so that they can never lose money. If you are a conservative investor, you tend to place a large proportion of your income into savings accounts, a mortgage, and low-risk private investments or company pensions.

Planning (P) / Impulsive (I)

Planning: The planning personality type tends to seek out opportunities to save money and to take strategic steps to do so within their household budget. Many planners are great at looking at the future and seeing what needs to be done today to reach their financial goals. If you are a planner, you also tend to be very good at identifying and prioritizing your various short-term and long-term financial goals.

Impulsive: Impulsive types often engage in deep thinking about their financial lifestyles. If you are impulsive, you tend to have a great strength that others don’t in terms of being able to make quick decisions about spending. For example, you might buy a house before anyone else makes a bid or snap up an investment before the price goes up. Impulsive types also tend to advocate using money for pleasure, like taking vacations and enjoying the fruits of your labor.

Giving (G) / Hoarder (H)

Giving: The giving financial personality type is driven by a desire to take care of the people or causes they love. If you are this personality type, then your primary quest is to find ways that you can serve others. Regardless of the amount that you have saved, your level of income, or the opportunities presented to you, you tend to find that there is always more that you can give to those you care about most.

Hoarder: In comparison, a hoarder personality tends not to like to part with money. If you are this personality type, money is a resource to be protected, treasured and analyzed on a regular basis. If you are a hoarder you are driven by fear of financial loss, thus you avoid situations that require parting with your money. Spending and lending money to your friends and family are behaviors in which hoarders rarely engage.

In Conclusion

In case you were wondering, I took the test and it turns out that I am APIG. APIG means: Aggressive, Planning, Impulsive, Giving. I am aggressive when it comes to investing with an ever watchful eye on return on investment. I always plan my strategy for investing and try to always think about the future. I am sometimes impulsive in my decision making as I believe in the speed of implementation. I am also giving. I believe in helping others to achieve their goals. I am always giving back to others of my time, knowledge, and resources to make a better world.

Tell me your financial personality type. Do you agree or disagree with the assessment? If you want to continue this discussion, then comment on this post.

To learn how we can help you achieve success by investing in real estate and in businesses, please follow us at The Book On Investing . Also, if you are interested in investing in real estate, join us at RADAR Investments.

The Six Reasons to Invest in Real Estate Now: Will You Let This Opportunity Pass You By?

If you want to achieve the life of your dreams, you will need a mechanism to do so. It doesn’t matter if your dream is having luxuries beyond your wildest imagination or helping out family members or the local charity of your choice. You need the money and assets to help you accomplish your dreams.

An interesting article from noted real estate investor and entrepreneur, Charissa Crawley confirmed my thesis. Ms. Crawley gives six reasons why you should be investing in real estate now. Here they are:

1. Passive Monthly Income – By investing now and using your head to perform some simple calculations, you can ensure that you have more money left over at the end of the month than you need. This positive cash flow is like a gift that keeps on giving because it will show up in your mailbox every month whether you’re there to meet it or not. $200-$300 per month may not seem like a lot of money. But when you have 5, 10, or even 20 checks like that coming in that you don’t require you to do some repetitive or backbreaking job, a seemingly inconsequential amount of money can suddenly look pretty good.

2. Security – A small child may rely on a blanket, a pacifier, or a thumb for a sense of security. Recent events have demonstrated that — while we may be older — we still like to feel confident that we have options during scary financial times. Owning real estate gives you that same feeling because you know that regardless of what happens you still have options that offer you financial security.

3. Depreciation – Thanks to the generosity of the U.S. Congress, real estate allows you to take an annual tax deduction for the loss in value of your real estate. Ironically, while you are busily taking a tax deduction for the lost value, the actual worth of your property may be going up. Recently real estate has taken a temporary hit in terms of value in many places in this country right. But you get the depreciation credit even when real estate values increase (which is most of the time).

4. Capital Gains – Whenever you purchase something and its value rises while you own it, the federal tax code requires you to pay a special tax on that item when you sell it. Fortunately, no tax is due until you sell it. While there are a couple of steps involved, you can also extend the time you have to pay that tax in the event that you do sell it, which is a major benefit to all those who are able to capitalize on this little quirk of the tax code.

5. Appreciation – Real estate appreciates – increases in value – far more frequently than it loses value. With these increases come the opportunities for you to add to your net worth. You’ll still have the monthly income your positive cash flow provides, and you also have a second way to cash in on real estate. A third way is if you bought it at a great price. You could look at the trickle of monthly income as a down payment on the flood of cash that will come your way through appreciation – value you can benefit from by selling the property or by pulling equity out to help fund future purchases or use for anything you like.

6. Pride of Ownership – Do you remember how proud you felt when you got your first car? It may have been a beat up Chevy, but it was yours. Imagine how your chest will swell with pride when you drive down the street or fly to a different city across the globe to look at your house. You realize that you own another just like it across the street, and several others that are even nicer just around the corner. There’s no better feeling in the world than knowing that you own something that so many others only dream about.

Conclusion:

There are lots of great reasons why you should want to own real estate now. These are just a few of them. If you are smart, then you will begin to build a portfolio of appreciating assets that will add to your net worth on a year to year basis.

To learn about how we can help you achieve success by investing in real estate and in businesses, please join us at either The Book on Investing or RADAR Investments.

Real Estate Entrepreneurship is the Shape of Things to Come- Why Everyone Will Have to Become an Entrepreneur

People frequently ask me why we started our real estate investing company, Radar Investments, It’s Always On! My reply is always the same. We saw a problem in the real estate industry and we believed that we could provide a solution. Our coaches always told us that the most reward comes to those who solve the biggest problems. Radar Investments was created with the goal of helping people with their distressed property issues.

A recent article by Anna Vital and Alexandr Unak entitled, “Everyone Will Have to Become an Entrepreneur”, http://fundersandfounders.com/everyone-will-have-to-become-an-entrepreneur/, suggest that the businesses and companies are replacing workers with entrepreneurs. Why are these businesses and companies hiring entrepreneurs over the traditional workers? Because entrepreneurs bring certain skill sets to companies that other workers do not. Entrepreneurs understand how to solve problems and create value.

Entrepreneurs learn how to see a problem in a business model or system and they begin to think about solutions to solve a problem. In the real estate business, we saw a problem with the number with the houses that were on the market that people wanted to sell but could not for one reason or the other. We saw the opportunity to create value for these property owners by helping sell their properties to other buyers outside of the traditional real estate sales model. In this scenario, the seller disposes the unwanted property, the buyer gets a great home to live in or fix up and resell and we get paid for bringing the two parties together.

Using this formula, entrepreneurs like myself, are partly responsible for the housing recovery that is currently taking place all across America. This is a very good thing indeed. If the American economy is to fully recover, entrepreneurs with the ability to solve problems and create value will lead the way.

At our website, www.thebookoninvesting.com, and in our book , The Book on Investing we share with you ideas on how you can use real estate entrepreneurship as a means to survive the new economy. Your plan should consist of investing in real estate, and developing or buying businesses.

Conclusion
In The Savvy Investor Program™, we teach you how to create your own economy. We help you get off the treadmill. Remember that with real estate investing as one part of your financial plan, you can create the life of your dreams by following a few time-proven strategies and techniques. Today, buy your copy of The Book on Investing.

Share this post and link with your friends so that they can buy a copy of the book also. Let us know about other topics that you would like for us to discuss.

How the Wealthy Use Real Estate Investments to Buy Luxuries: Boys (and Girls) With Their “Toys”!

One of my wealthy business coaches taught me a four part formula for creating generational wealth. He said first, you need to build a business. Second, reinvest in your business. Third, invest in real estate. Fourth, buy luxuries.

The fourth part in the formula is what I am writing about today… using your real estate investments to buy your luxuries. Luxuries or “toys,” include cars, boats, trips or any non-asset that costs a considerable amount of money. I emphasize non-asset because if it’s not making you money, it is a non-asset.

Did you know that the average term of a new car note stretches out more than five years to 65 months? This is the longest average term ever reported. Seventeen percent of all new car loans in the fourth quarter of 2012 were actually between 73 and 84 months, and some notes stretched as long as 97 months. Just four years ago, only 11 percent of loans were in the 73-to-84 month category. Experts warned that long term car loans seriously present a heightened risk for consumers because it takes so long for consumers to reach a point where they owe less on the car than it is worth. Although “underwater” cars are pretty common and generally do not come with the emotional issues that underwater houses do, they still are extremely hard to trade or sell when you can no longer afford the payments.

Today, most mid-size sedans cost in the range of $20,000 to $30,000. The higher end luxury cars cost $40,000 and up to $80,000 or more. Now I know that there is nothing like driving a brand new car. The automobile is embedded into the American culture. Like most men my age, I like high end luxury sports automobiles. However, using the formula taught to me by my coach, I have learned to use my assets to purchase the “toys” that I want.

Instead of paying cash or financing a car like most people, just imagine taking your money and buying a house or commercial property either with cash or using the money as a down payment. You can then rent the house or lease the property and use the positive cash flow from the rent to finance your dream car. This way, you use the asset to pay for your “toy” while preserving your capital in the property. In addition, you get all the benefits of depreciation, appreciation, and tax savings on your real estate investment.

This is how wealthy people create and maintain wealth while living a life filled with luxurious “toys.” You too can let your business or your asset pay for your “toys”.

Share this post and link with your friends so that they can buy a copy of the book also. Let us know about other topics that you would like for us to discuss.

Real Estate Investing for The Savvy Investor™

Knowing Your Numbers – The Rule Of 72

Do you know your numbers? If you plan to do any type of investing you must know your numbers. Your numbers tells the story of (1) where you have been; (2) where you are; and (3) where you are going. Your numbers represent the scorecard of how well you are doing with your investment. In real estate investing, knowing your numbers can mean the difference between profit and loss.

One of the most important numerical concepts for any investor is the Rule of 72. The Rule of 72 is a simple way to determine how long it will take for an an investment to double in value, given a fixed annual rate of interest. It is useful when trying to determine how hard your money has to work in order to duplicate itself.

No one really knows how this rule developed but historians say that the oldest known reference to it is in the “Summa de Arithmetica” by Luca Pacioli dated to 1494 AD. The formula for the Rule of 72 works like this, take the rate of growth and divide it as a whole number into the number 72.

For example, you purchase a piece of property for $50,000 in an area where the property value has grown for 4% annually. If this growth rate continues, it would take 18 years for that property to double in value (72/4=18).

This is important information for real estate investors because you want to invest in an area that you know will have a reasonable appreciation or growth rate. This will help you minimize your risk and maximize your return.

Conclusion
You have a choice to make. Do you stay on the treadmill of life hoping for wages to increase or by finding another job? Or, do you decide to take the steps to make life better for you and your family and never look back?

In The Savvy Investor Program™, we teach you how to create your own economy. We help you get off the treadmill. Remember that with real estate investing as one part of your financial plan, you can create the life of your dreams by following a few time-proven strategies and techniques. Today, take the first step in creating the life of your dreams and buy your copy of The Book on Investing.

Share this post with your friends if you think they are interested in creating the life of their of dreams.

Leave a comment and let us know about other topics that you would like for us to discuss.

Personal Finances: Are You Taking One Step Forward and Two Steps Backward?

Do you feel like you are losing ground financially? Do you feel like you just can’t get ahead? You work hard and try to be wise with your spending and savings, but your standard of living seems to keep going down. You just can’t seem to put your finger (or in this case foot) on the problem. Well, if you are in the middle class there are economic forces working against your interest that are keeping you from living the kind of life that you have worked so hard to build. And the bad news is that it may be getting worse.

You see, the price of everything is going up. We have all seen the increases in the prices of gas, housing, food, health care and the other basics that you need to survive. The prices are increasing faster than wages are growing. A recent story in the news indicates that “America’s median household income has dropped by more than $4,000 since 2000, after adjusting for inflation. The typical trappings of middle-class life are slipping out of financial reach for many families”.

On the other hand (again foot), what’s really interesting in all of this, is that the top 1% earners are getting wealthier. It’s estimated that between 1993 and 2011, the top 1% of America’s earners saw their income soar by 58%, while everyone else only got a 6% bump. This means that the top 1% earners are doing something that middle income earners need to follow just to keep up.

The wealthy follow a simple formula that keeps them in the higher income categories. They understand the value of building businesses, investing in real estate, and in educating themselves through coaching and mentoring.

Conclusion

You have a choice to make. Do you stay on the treadmill of life hoping for wages to increase or by finding another job? Or, do you decide to take the steps to make life better for you and your family to never look back?

In The Savvy Investor Program™, we teach you how to create your own economy. We help you get off the treadmill. Remember that with real estate investing as one part of your financial plan, you can create the life of your dreams by following a few time-proven strategies and techniques. Today, buy your copy of The Book On Investing.

Share this post and link with your friends so that they can buy a copy of the book also.

Let us know about other topics that you would like for us to discuss.