Rental Housing Boom Set to Explode

Rental households comprise 34% of the housing stock, and are growing at the incredible rate of 1.6 million per year, while owned households are actually declining in number. This is an incredible surge in demand. In our summary of the U.S. housing market, only 20% of renters live in large buildings (20+ units), and the

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Two Useful Tips

First: You can always make a less attractive property more desirable by adding cash and or other valuables to the original equity. If you have difficulty selling a property that most buyers find unattractive for various reasons, adding cash to the equation creates miracles. But, there are other “cashables” that work almost as well. Vintage

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Get Over Your Fears

“Fear always springs from ignorance.” “Do the thing you fear and death of fear is certain.” These are excerpts from the works of one of my favorite mentors, Ralph Waldo Emerson. As a personal coach and real estate mentor, I often see firsthand how fear paralyzes people. In fact, most people’s remedy to fear is

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Take Charge

Americans are losing their life's savings to big business. The only way you can reverse this course is to take charge of your own financial destiny. That means creating a residual income stream that would last for the rest of your life. What other option besides real estate could get you there the quickest? You

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The Life That's Waiting For You

We must be willing to get rid of the life we've planned so as to have the life that is waiting for us. Joseph Campbell Often people are so stuck in a rut and so concerned with the immediate survival needs that they never stop to think about their true calling in life. No wonder

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Be Real With Yourself

As you may know, one of my life mentors is Ralph Waldo Emerson. I was reading one of his essays again when I came across this awesome excerpt. "The key to every man is his thought. Sturdy and defying though he look, he has a helm which he obeys, which is the idea after which

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Is Confusion A Bad Thing?

Are you confused? Congratulations! You can find your way to clarity, but not before you work your way through the confusion. This sounds paradoxical but it’s true. In fact, when Socrates was asked how he had found the light he answered, "through darkness". As a real estate mentor and personal coach, I get to meet

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An Urgent Appeal

For those of you thinking real estate prices will be going down more, don’t hold your breaths! Socal properties are recovering slowly, but surely. The foreign investors are gobbling up our inventory at record pace and before you know it, the game will be over. Do not allow yourself to be left out from an

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Every Word Has Power

Every word has power. Words have power to direct your thoughts in any direction they choose. Look at the word mortgage. It means to pledge until death! And what do you think most people do with their mortgages? They keep refinancing until they die! Are poor and broke synonymous? Many think they are, but I

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Is Your Money Sitting in the Dust?

While your money sits in the bank gathering dust, smart investors are investing in "buy and hold", 2-4 unit properties. Values have plummeted by 40-70% depending on location. What would've been a negative cash flow nightmare a few years back is now a cash cow! Stop exchanging time for money, learn the secrets of achieving

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