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Monday, July 6, 2009

The real estate investor: What makes us tick?


What to make of the investor entrepreneur? We are a strange breed; investopreneurs. When speaking to non-investopreneurs something just does not click. They just do not seem to relate to the world in the same way as we do. Is this fact or just perception?
Well, research has shown that it is fact. In an article written for Forbes Magazine, Mathew Harper examined two of the world’s most successful entrepreneurs; John Simplot and Bill Gates.
Eighty years ago, a 14-year-old John R. Simplot ran away from home because he was sick of milking cows. Eventually he built a fortune growing potatoes; he still supplies McDonald’s with french fries.
Sixty years later, Bill Gates dropped out of Harvard to run a small startup called Microsoft. Now, of course, he's the richest man in the world.
What do these two men have in common? Or better yet what do they share that the rest of humanity does not? Until recently, the widespread belief was that entrepreneur’s are a bunch of ultimate risk takers that through caution to the wind.
A recent study by Kelly Shaver, a professor of psychology at William & Mary College found that this theory is mostly incorrect. From his data, Shaver and others have been able to draw some basic conclusions. For instance, entrepreneurs and normal people seem to worry equally about financial independence and/or a feeling of being motivated in their jobs. Neither a need for financial, nor personal independence seems to have caused any of these people to start their own business. Nor, do the entrepreneurs seem to be devil-may-care risk takers. Only a subtle difference in the way they appreciate risk emerged. Entrepreneurs are simply worse at coming up with reasons they might fail. So far there is only one other big difference between those who go into business for themselves and those who don't. Shaver found that entrepreneurs don't care what other people think about them. They just do not concern themselves with other people opinions.
Statistically speaking, then, Simplot and Gates and we investopreneur’s would seem to have two things in common: We have trouble imagining failure, and we don't care what anyone thinks.
Why is this important to understand? Well, having this understanding might help us to explore our inner motivations. Maybe here we can discover just what is holding us back or not, from taking the necessary leap to meet our goals.
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Lori Young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment
http://www.rooftopprofitmax.com/

Less mistakes makes you money


A mentor is a more experienced person who is willing to help a less experienced person learn a specific topic or skill. Using a mentor is a great way to learn a subject quickly. A mentor will give one on one attention that will allow for unfettered access to their knowledge and experience.
Picking a mentor can be tricky. There are often many mentors to choose from and not all of them are good. Be sure to research their resume’s. Ask them for references and evidence of their success’s.
I am thrilled to announce that Rooftop Investment will be opening a mentoring program soon. This program will allow investors to meet with me one on one or in small groups, to learn the real estate business in specific detail. I have enjoyed 25 years of involvement with real estate and have seen both failures and successes. This experience has given me the know-how to act as a guide to others who want to learn more. If you are an investor or a real estate agent you may want to consider taking part in this new program.
There will be two programs to choose from. Both programs will be 4 weeks long, one 2 hours per week, the other for 4. All needed materials will be provided. These sessions will be customized to your needs. A thorough needs analysis will be done upon the initial meeting where a course syllabus will be determined.
The mentoring topics will include anything and everything having to do with residential real estate including, but not limited to; financing, renting, lease option, selling, buying, flipping, construction and property management.
Knowledge in real estate can make costly mistakes avoidable and save valuable time. Profitability is goal and knowledge is the key. This program will get you there faster.
If you are interested in learning more email lorindasky@yahoo.com.

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Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment
http://www.rooftopprofitmax.com/

Hedging your bet with this economy


This economy has given us an incredible opportunity! Home prices are as low as we have seen them in 40 years. And interest rate are equally low. This is a perfect time to invest. However, some areas are better than others. Rooftop investment has done the homework. We have a specific profitability matrix that all our areas and properties must go through before we will recommend them. This matrix has proven itself time and time again and is currently providing thousands of dollars in income and equity to our members.
Rooftop is recommending buys in parts of Ohio, Michigan and Arizona. Our members get only the cream of the crop. Real estate is a numbers game, so investors must go where the deal are.
Our philosophy is that investors do not have to be millionaires to invest. We find investment homes that are affordable, have very good rents and are in solid neighborhood.
Buying homes from $10K-20K is the best way to hedge your bet on this economy. Even if prices continue to drop, a 20% decease will only amount to $2k-$4k. It is our opinion that our recommended areas have hit the bottom. In fact many of these neighborhood are seeing improvement now. Remember, this economy will pass and money invested now will produce great future return.
Our product consistently doubles the equity. That means a $35,000 a home it will appraise for at least $70,000. This together with great cash flow puts our investors in strong strategic positions until things turn around. That is the basic theory behind hedging your bet.
I have 8 properties in Phoenix and with the market turn have seen my cash flow and equity evaporate. That is why I shifted my thinking. I have now invested in 24 low cost, cash flow investment homes in the Midwest. Now when this economy turns, I will be in a position to make a very large sum of money and have great cash flow in the meantime!
They are not making any new dirt and land in cities will be at a premium again. Buying homes in these areas will help insure a balanced and strong financial future.
Do not sit on your duff and let this opportunity pass you by. Set yourself up and hedge your bet. This will allow you to get rich and have financial freedom in the future.

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Brett young
Valley Realty
Owner/ CEO Roof Top Investment
Real Estate Investment
http://www.rooftopprofitmax.com/

7505 MYSTIC RIDGE RD, CHAGRIN FALLS, OH — 4 Bedroom 5 Bathroom

This 4 bedroom, 5 bathroom Single Family for sale is located at 7505 MYSTIC RIDGE RD, CHAGRIN FALLS, OH 44023. View 31 photos, price histo...