MANY PEOPLE ASK ME HOW ONE BECOMES GREAT AT WHAT THEY DO. IT’S AN AGE OLD QUESTION AND IT HAS A VERY SIMPLE ANSWER.

FIND SOMEONE WHO IS GREAT AT WHAT YOU WANT TO BE GREAT AT, AND EMULATE EVERYTHING THAT IS GOOD ABOUT THEM.

I LEARNED THIS LESSON VERY EARLY IN LIFE AND IT HAS ALWAYS PROVED TRUE. I’VE HAD MANY MENTORS IN MY LIFE AND WANT TO SHARE A FEW THINGS I’VE LEARNED FROM THEM WITH YOU. MY FATHER WOULD ALWAYS REINFORCE THIS TO ME WHAT I WOULD BE STRUGGLING TO ACHIEVE ANY GOAL THAT I HAD PUT OUT FOR MYSELF.

I HAS ANOTHER MENTOR IN MY LIFE WHEN I WAS IN COLLEGE. HE BECAME A VERY GOOD FRIEND OF MINE AND WE STILL KEEP IN TOUCH ON A REGULAR BASIS. HE ALWAYS HAD A KNACK FOR MAKING THE RIGHT DECISION AT THE RIGHT TIME. THIS IS A VALUABLE SKILL. I WANT TO SHARE WITH YOU HIS SECRET.

ALWAYS PRESENT YOUR IDEAS TO PEOPLE THAT CAN KNOCK IT DOWN.

YAH, THAT’S RIGHT. THE NAY SAYERS. MOST PEOPLE WOULD NATURALLY TELL YOU TO RUN FROM THESE PEOPLE, DON’T LISTEN TO THEM, ETC. HE HAD A VERY INTERESTING TWIST ON THIS CONCEPT. HIS JUSTIFICATION WAS THAT THESE PEOPLE WILL GIVE YOU AN INSIGHT INTO ALL THE THINGS THAT MAY BE WRONG WITH YOUR IDEA. IF YOU CAN ANSWER THESE QUESTIONS, YOUR CHANCES OF SUCCESS DOUBLE EACH TIME YOU SOLVE ONE OF THESE “PROBLEMS”. TALK ABOUT TURNING A BAD INTO A GOOD.

HE ALSO TAUGHT ME THAT FRIENDS DON’T SUPPORT THEIR FRIEND’S BY ALWAYS AGREEING WITH THEM. THEY GIVE TRUE AND HONEST OPINIONS REGARDLESS OF WETHER IT IS WHAT THEIR FRIEND WANTS TO HERE. THIS IS THE MEASURE OF A TRUE FRIEND. IT IS A QUALITY YOU WANT IN A SPOUSE.

IT IS ALSO THE QUALITY THAT YOU WANT IN YOUR REAL ESTATE MENTOR.

LET’S FACE IT. WE ARE NOT ALWAYS PERFECT. EVEN I MAKE A MISTAKE 2-3 TIMES A YEAR (IAMA SUPER HERO... LOL). THE FLIP IS THAT EVEN A BROKEN CLOCK IS RIGHT TWICE A DAY. IF YOU DISREGARD WHAT PEOPLE SAY, YOU’LL MISS OUT ON VALUABLE LESSONS. THAT BROKEN CLOCK MAY SAVE YOU $30,000 ONE DAY.

THE POINT I’M GETTING AT IT THAT YOU WANT PEOPLE IN YOUR LIFE, WHO ARE WILLING TO PRESENT TO YOU THE DOWN SIDE IN A WAY THAT IS NOT PERSONALLY UPSETTING, AND COMING FROM A POSITION OF WISDOM. KNOWLEDGE AND EXPERIENCE CREATE WISDOM.

ILEASE-A-HOUSE.COM HAS TWO MENTORING PROGRAMS PROVIDED BY SOMEONE WHO ENCOMPASSES EVERYTHING I’VE SPOKEN OF TODAY. 26 YEARS OF EXPERIENCE, AND THE KNOWLEDGE OF $100,000 OF TRAINING.

TAP INTO YOUR SUCCESS WITH MENTORING PROGRAMS in our store

THE FLIP LEASE IS A STRATEGY THAT LEVERAGES A MORE “MARKETED” REAL ESTATE INVESTMENT STRATEGY OF FLIPPING HOUSE (WE’ve ALL SEEN FLIP THIS HOUSE ON TLC) WITH THE LEASE TO OWN STRATEGY TO PROVIDE MAXIMUM RETURN ON INVESTMENT.

THE OBJECTIVE IN A FLIP IS TO FIND UNKEPT PROPERTIES IN GOOD AREAS, AND PURCHASE THE HOUSE AT A LARGELY DISCOUNTED PRICE. THE INVESTOR THEN INVESTS TIME AND MONEY IN RESTORING THE PROPERTY IN AN EFFORT TO IMMEDIATELY SELL THE HOME AT MARKET VALUE.

MONEY IS EARNED ON THE SPREAD BETWEEN THE PURCHASE PRICE + REPAIRS, AND THE SELLING PRICE.

FLIPPING HAS BECOME A FAD IN THE US AND ALL AROUND THE WORLD BUT LOST ITS SAILS (PUN INTENDED) WITH THE COLLAPSE OF THE ECONOMY. IT OFFERS GREAT OPPORTUNITY TO GAIN MARKET VALUE. I’VE SEEN PROFITS UPWARDS OF $75,000 IN A SINGLE DEAL.

THE FLIP LEASE MARRIES A REAL ESTATE APPRECIATION STRATEGY WITH A MID-TERM CASH FLOW STRATEGY INCREASING THE RETURN ON INVESTMENT. THE STRATEGY ASSUMES YOU HAVE THE REQUIRED MONEY TO PURCHASE THE PROPERTY AND THE KNOW HOW TO REPAIR FOR VALUE (THIS IS A WHOLE OTHER TOPIC).

THE DIFFERENCE WITH THE FAILED “FLIPS” IS THE EXIT STRATEGY.

ALL GOOD INVESTMENTS HAVE A PREDEFINED EXIT STRATEGY. IN THE FLIP LEASE, THE EXIT STRATEGY IS TO LEASE PURCHASE (AKA RENT TO OWN) THE PROPERTY INSTEAD OF SELLING THE PROPERTY IMMEDIATELY

THIS PROVIDES

1. 1)THE OPPORTUNITY FOR HIGHER THAN CURRENT MARKET SELLING PRICE. (2-5% INCREASE PER YEAR OF TERM)
   

2. 2)MONEY UP FRONT (NON-REFUNDABLE OPTION CONSIDERATION)
   

3. 3)CASH FLOW THROUGHOUT THE TERM (HIGHER THAN AVERAGE RENT TO PAY YOUR PITI)
   

4. 4)ACCESS TO 25% MORE AUDIENCE THAN WITH A TRADITIONAL SALE.
   

5. 5)NO REAL ESTATE COMMISSIONSTO DIG INTO YOUR SWEAT EQUITY PROFITS. (UP TO $12,000 ON A $200,000 PROPERTY)
   

#5 ALONE IS WORTH THE COST OF THE MENTORING PROGRAMSin our store.

even if you only do it ONE TIME!!