February 2009
You are browsing the archive for February 2009.
Multifamily Mindset: Empowering You to Make It Happen
When you are preparing to do your multifamily deals, remember that your mindset plays a crucial role in your success. You must believe that you are worthy of success and of the financial freedom that you desire. The money that is available to you is unlimited and you need to grasp a hold of that. [...]
The Peformance Dashboard: Financial Freedom Scorecard
We live in an attention deficit age where you have many things pulling on you and demanding your time. As a result, you lose focus and things slip by the wayside and don’t get done. If you have a Performance Dashboard in place, you will have something to help you move forward with your goal [...]
Aha Moment Video: So What’s the Catch?
We’re all familiar with the saying “It’s too good to be true.” Sometimes, that’s what you encounter when presenting deals to investors. Hear one student’s comments regarding how to address the skepticism you might be faced with. “The example you gave yesterday about the deal with the investor, how they were uh, how their money, [...]
Your Road to Financial Freedom – Getting It Done!
You’ve learned how to create a real estate business. But at the same time, you want to create your net worth. The steps to getting this done are a 5-step process. Not only can you apply this process to your business, but you can apply it to your personal life. The five steps to Getting [...]
Multifamily Deals and the Importance of Credibility Kits
When you present a potential investor with a deal, probably the number one thing running through the investor’s mind is how good the deal is and how good the person running the project is. This is why you need to have a credibility kit for your deal and a credibility kit for yourself. The bottom [...]
Aha Moment Video: A Nice Tool
[kml_flashembed movie="http://www.apartmentwealthinfo.com/videos/videoaha8B_controller.swf" ?csConfigFile=http://www.apartmentwealthinfo.com/videos/videoaha8B_config.xml"height="355"width="400" fversion="9" base="http://www.apartmentwealthinfo.com/videos/" /] What do you do if the bank won’t allow you a second mortgage? Listen to what Jennifer, a student of Lance’s, has to say: “I liked the concept where if the bank is not going to allow the second mortgage, then you use your stock in your LLC as [...]
Aha Moment Video: Have your Quiver Ready
“Always be prepared” is the Boys Scouts motto. And that motto can be applied to what you are doing as well. A student of Lance Edwards’ observes: “I really like the…having this extra Master Lease concept in your quiver. Probably you won’t want to use it often but it’s there for that case, that instance [...]
Free Marketing and Your Multifamily Deal
You don’t have to spend a gold mine on your marketing strategies. In fact, there are some very effective ways to market your multifamily deals and not spend a dime doing it. Let’s take a look at these free marketing strategies. The most effective marketing strategy you have available to you is your referrals. This [...]
Multifamily Deals: Hitting Your Target Market
There are many facets to marketing. You want to be sure you target market. The more you can target market, the more precise you can get with your benefits and the more likely you will find buyers and investors. Here are some possible target markets: * People looking for retirement funding * People [...]
Aha Moment Video: Little things add up
It’s amazing how simple changes can greatly increase your cashflow. Here is one student’s “Aha Moment” on how a slight rent increase affects cashflow. “$10 per rent increase and it gave you such an incredible increase in total, you know, cashflow.”
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