The Millionaire University.com

When you are not living your life in the present moment you are living in either fear or regret. Fear of what might come in the future, regret about what happened in the past or a bit of both. Something that you might find very interesting, yet frustrating as well, is the way we use our present moments. In many cases you use your present moments fearing something in the future, but when you arrive in that future you were fearing, you live in regret of not being present in the past moment that you spent fearing the moment that you are currently in. Is your head spinning yet? To clear things up a bit I will give you a real life example.

Present Moment: A new mother is sitting at home worrying about going back to work in 6 weeks and leaving her precious child with daycare.

Body: Sitting with her new born child in the living room breast feeding.

Mind: Projecting into the future 6 weeks when she has to go back to work and needs to leave her child at daycare.

This cycle of picturing that sad day occurs daily up until the moment that the new mother needs to go back to work. Then it goes like this.

Present Moment: Sitting in her office getting ready to work on a new project.

Body: At the office, behind her desk.

Mind: Looking back over the past 6 weeks regretting that it went too quick and she doesn’t remember much of the time spent with her newborn.

Can you see the problem with not being present? By not being present the new mother spent her time with her newborn worrying going back to work. When the new mother finally had to go back to work she spent her time regretting not being mentally present with her child because she was mentally already working. Now that she is actually working she is spending her mental time back with her child. Her body and her mind were never merging into the same space.

Are you guilty of the same thing? Is your body at home with the family, while your mind is at work? Once at work is your mind back at home with the family?

One of the easiest ways to merge the body and mind is through gratitude. In order to be grateful for the things that surround you, you must be present to enjoy them. To practice gratitude simply stop for a moment and look around you, I am sure you can find something you are grateful for.

If your at home with your family look at your wife and kids, what could you love about them?

If your at the office what could you be thankful for?

If your out fishing what could you enjoy about the moment?

Notice that I don’t use the word should. The word should can lead to feelings of regret because you are saying that you don’t enjoy something, yet you know that you should. I don’t use the word are because it is way to easy to answer with nothing if you happen to be in a foul mood. The word could is a possibility word. You can’t get regret from could, you can only get the feelings of hope or choice. So the next time you find yourself not merging the mind and body together in the present simply ask, “What could I enjoy about this moment and the people or places in it?”.

______________________________________________________________

Eric Medemar is a real estate investor from Grand Rapids, MI. Be sure to get your Free Guide To Real Estate Wholesaling. You can also view Erics real estate investing guide here. Eric is also a contributing member to The Real Estate Investing Forums at www.themillionaireuniversity.com

Get your FREE Report “6 steps to wholesaling real estate” at www.TheForeclosurecollege.com

Get your FREE Report “5 Easy steps to becoming a real estate bird dog” at www.BirdDogBiz.com

Even in the slowest of markets you can still make money in real estate wholesaling. Even in “Bad locations” you can still make money wholesaling real estate. Here are a few of the deals that I have done in Bad locations:

A few of My “Bad Location Homes” have been like this:

paid 26k, repairs 5k, rented $675, sold for $62k
paid 38k, repairs 5k, rented $1000 (2 unit) sold for $62k
paid 33k, repairs 5k, rented $675, sold for $62k
paid 30k, repairs 12k, rented $675, sold for $62k
paid 30k, repairs 10k, rented $675k, sold it for $62k
Total paid $157, Repairs $37k, Sold $319k Gross Profit $125k

These are all homes that anyone could have bought, but they were in the “bad areas”.

Im beginning to think that “good areas” might be “bad areas” for the wallet.

Look at the cash on cash returns.

Good area= 15000/100000 =15% cash on cash return

Bad area= 20000/40000= 50% cash on cash return

Good area rents $800 on $100,000 home .08% return on Rent

Bad area $675 on a $40,000 home 1.6% return on rent

But wait, your thinking bad area bad tenants, good area good tenants, right?

Wrong. Bad tenants are bad tenants ANYWHERE, good tenants are good tenants ANYWHERE.

Check out the real estate investing forums at www.TheMillionaireUniversity.com

Get your FREE REPORT “6 Easy Steps To Real Estate Wholesaling Success” at www.UltimateInvestorSystem.com

Be sure to check back our our FREE real estate investing guide

I am often left perplexed at peoples ability to pass the blame of real estate investing courses not working for their failure as an investor. In reality, most of these people never used any of the ideas to see if they worked or not. To them I dedicate this story.

Mother came home from work to find her son frantically searching the house looking for his roller blades. You see it was the first nice day of spring, and he was just dying to get out on his roller blades. The mother and son began tearing apart the house searching high and low for the elusive roller blades. They started in the garage and worked their way through all of the closets in the house eventually stopping in the attic. The roller blades seemed to have vanished into thin air.

Finally the mother looked over to her son and said “Do you remember the last place you saw your skates?”

To which the son replied “In the basement next to the furnace”.

Mom then went on to ask “Well did you try looking there?”

No said her son “The light bulbs burnt out in the basement, it was way to scary to look down there”

Mom grabbed a flashlight and headed downstairs, the roller blades were exactly where he had left them.

How many times are you looking everywhere else but the “scary place” for the answers to life’s problems? You know the scary place in your head.

If you pay close attention to the way we treat learning in our society, you will quickly realize that after our formal education is complete, many of us consider our learning to be “done”. Having said that I have a recommendation to all high school seniors and college graduates across the U.S, KEEP AWAY FROM THE CAP AND GOWN. All formal education seems to end with the cap and gown, and all learning seems to end with the formal education, therefore stay away from the cap and gown and you will stay away from the end of formal education.

Once your formal education is complete, the fun learning should begin. Now is the time to start learning about the things in life that truly interest you. Move over Pythagorean theorem, Pi, and amoeba dissection. Bring on the self discovery, new hobbies, and self improvement.

If you think learning is boring try spending an afternoon with a 2-5 year old. Listen to the questions, watch their mind working, or watch as they discover something new around every corner. Far too soon these human sponges will be well on their way to disliking learning just like you. Once our school system gets their grimy little mits on the little learning sponges that we call children, thing go down hill quick.

Once our children enter school learning becomes a forced activity and all creativity involved in the learning process is left for art class once a week. Now when our little learning sponges aren’t interested in learning about a particular subject, at a particular time, they are labeled ADD, a disruption in class, or slow. It is not long before their little learning sponge minds start creating the child logic short cuts like.

1. I used to learn without getting in trouble..

2. Now I get into trouble if I don’t learn at a particular pace.

3. When I get into trouble I don’t feel loved.

4. When I don’t feel loved it makes me sad.

5. So maybe if I stop learning, I can’t get into trouble for not learning fast enough, because after all this learning stuff seems to lead to pain every time. (Sure we get the occasional good job when we do something right, but when we do something wrong the whole world seems to end).

Having said that, is it any wonder why so many of us stop learning once our formal education ends?

_________________________________
Eric Medemar is a real estate investor from Grand Rapids, MI. Be sure to get your Free Guide To Real Estate Wholesaling. You can also view Erics real estate investing guide here. Eric is also a contributing member to The Real Estate Investing Forums at www.themillionaireuniversity.com

Get your FREE Report “6 steps to wholesaling real estate” at www.TheForeclosurecollege.com

Get your FREE Report “5 Easy steps to becoming a real estate bird dog” at www.BirdDogBiz.com

One of the biggest traps that I see newbie real estate investors fall into is mistaking investing in real estate materials for actually investing in real estate. I know that all newbies know the difference, but many times their mind does not.

How many wannabe real estate investors do you know who move from real estate courses to real estate books then onto real estate forums searching for the one answer that will make all of their real estate dreams come true?

While they are on their eternal quest for the real estate golden ticket, they get tell people that they are “Working on being a real estate investor”. This idea that being a person who is “Working on being a real estate investor” will in many cases fully satisfy the newbies ego, essentially giving them the feeling of being a real estate investor, without ever doing any investing. In many cases this can be a huge favor to the person who is solely looking for the feeling of being a real estate investor, those people really have no business investing anyway.

Your intentions for becoming a real estate investor will have alot to do with whether or not you will achieve any level of success. If you want to be an investor just for the sake of being an investor then your chances of success are minimal. If however you want to become an investor to achieve financial freedom for both you and your family your chances for success increase significantly.

_____________________________________

Eric Medemar is a real estate investor from Grand Rapids, MI. Be sure to get your Free Guide To Real Estate Wholesaling. You can also view Erics real estate investing guide here. Eric is also a contributing member to The Real Estate Investing Forums at www.themillionaireuniversity.com

Get your FREE Report “6 steps to wholesaling real estate” at www.TheForeclosurecollege.com

Get your FREE Report “5 Easy steps to becoming a real estate bird dog” at www.BirdDogBiz.com

Do you feel sad, guilty, hurt, fearful, happy or any other number of emotions? Now let me ask you, does the “you” that notices those emotions feel that way? I am guessing that you may be scratching your head now. “What do you mean the me that notices, aren’t I me?”, you might be asking. Of course you are you, but has it ever occurred to you that the real “you” is the one who notices what is going on with your emotions.

Stop for a moment and look at the things that you might say to other people, things like “I feel a bit depressed today”, or “I feel great”. When you say things about yourself feeling a certain way, who is the one that notices how you are feeling? If you are depressed, is the person within you who notices the depression, depressed as well? If you stop to notice, that person within who notices these things is more like a neutral 3^rd party. Somewhat like the man who came into your 3^rd grade classroom just to observe the class. The man who sat quietly at the back of the room just taking notes.

This observer is the true you, the you that is not effected by the externalities of the world. The you that is not subject to the faulty beliefs and programming that started the moment you arrived in the doctors arms.

The you that can shine light on every event or happening in your life. The light being true joy, unbreakable joy, the joy that has no opposite. The true you is unaffected by pleasure. You see pleasure comes with a price, the yin and the yang if you will. While joy has no other side to it’s coin. When you toss the joy coin you get joy on both sides, much the opposite of the pleasure coin, that when tossed is either going to give you great pleasure or great pain.

To experience the true “you” more often, simply slow down and begin paying attention the observer sitting quietly at the back of the classroom in your mind.

_______________________________________________

Eric Medemar is a real estate investor from Grand Rapids, MI. Be sure to get your Free Guide To Real Estate Wholesaling. You can also view Erics real estate investing guide here. Eric is also a contributing member to The Real Estate Investing Forums at www.themillionaireuniversity.com

Get your FREE Report “6 steps to wholesaling real estate” at www.TheForeclosurecollege.com

Get your FREE Report “5 Easy steps to becoming a real estate bird dog” at www.BirdDogBiz.com

I have had countless people ask me why on earth I would waste my time making real estate investing courses if I was doing so well as a real estate investor. Believe me it has nothing to do with the money. I could make 10 times more money by just sticking to what I am good at, which is real estate investing. The truth is that I have always truly enjoyed teaching other people about things that I know how to do. There are truly only a couple of things in the world that I am good at and they happen to be selling real estate, investing in real estate and helping other people to get started as investors.

I would bet a vast majority of you would want to do the same thing if you saw just how awesome real estate wholesaling truly is. Real estate wholesaling has huge so many huge advantages over the traditional forms of real estate investing. I had never heard of real estate wholesaling up until a few years ago, after hearing about how easy it was I must admit I was a bit skeptical. You know the old saying “If it sounds too good to be true, it probably is”, that is exactly what I thought of real estate wholesaling at first.

How on earth could someone make that much money without the need for cash or credit? The main reasons that people are interested in real estate investing is the large profit potential. This high profit is achieved because of the large numbers that investors deal with. Think for a minute, a 10% profit on a $200,000 home is $20,000. As a real estate wholesaler you simply need to find a motivated seller who will sell at 70% of the fair market value. Then find an investor or retail buyer who will pay 80% of fair market value (which is still a great deal).

With traditional forms of investing you would have to buy the home for 70% of value, then sell the home for 80% of value. The problem with the traditional method is you need to have money to buy the the home in the first place. To get money to buy the home you need credit and usually a down payment. This leaves many people stuck dead in their tracks. Not real estate wholesalers though.

A real estate wholesaler knows that you don’t need to buy the home, you just need to put the home under contract. Once you have the home under contract (purchase agreement), you simply sell the contract to the end buyer. Instead of selling homes, wholesalers sell contracts. The great part is you do not need financing or credit to get a home under contract. Can you see how easy real estate wholesaling is? You sell contracts instead of homes, it is as simple as that.

Get your FREE guide “6 Steps to Real Estate Wholesaling Success” at www.TheForeclosureCollege.com

You have read everything thing available about real estate investing. You have spend countless hours visiting the real estate investing forums. You have invested thousands in real estate investing courses. Now what? Are you doomed to the same destiny of most information junkies? Are you going to become the divorced marriage counselor? The counselor who knows all about how to save marriages but could not save their own.

So what will determine your success? Honestly it is pretty simple, so simple that it can be summed up in one word action. Taking action is what separates the men from the boys on the playground we call life. So what constitutes action? By my definition, action involves any movement in the direction of you goal or purpose on a visible plane. Now your thinking “Visible plane?”. By visible plane I mean doing something that can be seen, rather than simply thought. Thinking is great but without action, thinking will take you no where. A simple way to remember the power of action is to use the word ACT.

Action
Compensates
Tremendously

Action compensates tremendously, do you see the power in that? Taking action in any direction is truly the only way that you can ever get closer to reaching your goals in life. Even action that is completely wrong teaches you a lesson that could not have been learned by simply thinking. When Albert Einstein was asked about his thousands of scientific failures, he simply said that he successfully found thousands of ways not to do something. Each perceived failure moved him one step closer to success. Without action none of the failures would have happened, but neither would his success.

The only sure way to never succeed in as a real estate investor is to do nothing at all. Show me a man who went bankrupt while trying to become a real estate investor and I see potential. Show me a man who has knows it all, but has done nothing and I see a overweight dietician.

___________________________________________
Eric Medemar is a real estate investor from Grand Rapids, MI. Be sure to get your Free Guide To Real Estate Wholesaling. You can also view Erics real estate investing guide here. Eric is also a contributing member to The Real Estate Investing Forums at www.themillionaireuniversity.com

Get your FREE Report “6 steps to wholesaling real estate” at www.TheForeclosurecollege.com

Get your FREE Report “5 Easy steps to becoming a real estate bird dog” at www.BirdDogBiz.com

Every year Americans spend millions of dollars on real estate investing courses. Sadly, most people who purchase these courses never end up using any of the valuable knowledge that these courses contain. Instead of using real estate investing courses as a means to an end, with the end being becoming a successful real estate investor. Many people unknowingly use real estate investing courses as the end itself.

People who buy real estate investing courses truly believe that they want to become real estate investors. The problem is that once they purchase the investing course, they create a shortcut in their mind that essentially says “One more goal has been achieved”. By investing in the course, they fulfill the short term need to be considered a real estate investor and then quickly move onto something else.

Another problem that arises shortly after purchasing a real estate investing course, is the need to know more information. Perhaps the course left a few unanswered questions or maybe spurred on some new thoughts about the direction of their new found investing career. So then they buy another course which creates more questions and ideas that can only be answered by more courses. In a short period of time, the wannabe real estate investor becomes much like an overweight dietitian. They know all about eating right, but they just don’t do it.

__________________________________

Eric Medemar is a real estate investor from Grand Rapids, MI. Be sure to get your Free Guide To Real Estate Wholesaling. You can also view Erics real estate investing guide here. Eric is also a contributing member to The Real Estate Investing Forums at www.themillionaireuniversity.com

Get your FREE Report “6 steps to wholesaling real estate” at www.TheForeclosurecollege.com

Get your FREE Report “5 Easy steps to becoming a real estate bird dog” at www.BirdDogBiz.com

Real estate investing forums can be a great way to gain knowledge for getting a start as a real estate investor. In fact I would recommend visiting and gathering information from as many real estate investing forums as you can on your quest toward becoming a real estate investor.

I would like to offer a few tips on using real estate investing forums most effectively. Here are a few suggestions:

1. Watch out for anyone who uses absolutes. By absolutes I mean to say, watch out for people who say things like “It’s always this way”, “That never works” or “This works everytime”. Most people in the forums mean the best but they fail to mention that “This has been my experience and your experience may be different”

2. Watch out for advice that is given from people who have only read about real estate investing rather than doing any actual investing. These people can typically be spotted because they will miss many of the fine details that go into the transaction. Instead they repeat only the things that everyone else has said rather than adding their own new insights.

3. Take in as much information as you can, then draw your own conclusion. Once you have taken in enough info to come to your own conclusions then it’s time to get to work. Don’t mistake the process of gathering information as the goal, instead keep in mind that gathering information is a means to an end, rather than the end itself.

I hope these ideas about real estate investing forums will help you move along on your path to real estate investing success.

Get your FREE Guide to real estate wholesaling at www.TheForeclosureCollege.com