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Real Estate Investing Newsletter
“Finally a goal I can keep”
I
t's that time of the year again, time for setting goals.This year I have decided to do things a littledifferently. I am going to bend the rules a little morein my favor. After all, only I can decide what goalsare right for me.
This year I have decided to give up crack.
Nowdon't get me wrong, I have never done crack. In fact Idon't condone drug use at all. But, by giving up sucha powerful drug as crack cocaine, I can start buildingsome powerful momentum towards my other goals.Think about it, everyday I can wake up with thatcomplete sense of victory that comes along withaccomplishing one of my goals. I might still have aspare tire, I may not run 10 miles a day, but one thingis for sure, I will not be doing crack this year....I haveswore it off.But seriously, many of us need to reconsider the waythat we set our goals. Goals do have the power tomake or break our level of achievement this year.Did you notice I said “Make or break”?Believe it or not, in many cases not setting goals is far more productive than setting goals that are too far outof reach.If we set goals that are too far out of our reach, we're basically giving failure a head start. And, once failurestarts winning, it becomes a very tough opponent todefeat.
“If you set goals too far out of our reach,we're basically giving failure a headstart”
This year let's even up the odds by setting realisticgoals that provide both immediate gratification andlong term potential.We all “Want it now”, the problem is the greataccomplishments in life never come without prolonged effort. But, prolonged effort is difficult tosustain without some level of immediate gratification.To defeat this problem we need to set our large goalsand then break those goals down into smallachievable steps. By breaking down the large goalsinto small steps we allow ourselves to get that shortterm gratification that will help us feel good whilecontinuing to build momentum.Here is an example of using my large goal into smallsteps technique. In this example our goal is towholesale 2 homes this year.
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Words of Wisdom
“Winning isn't everything, but wanting towin is”
Vince Lombardi
“If you don't know where your going, you'llend up some place else”
Yogi Berra
“Don't bunt, aim out of the ballpark”
David Ogilvy
“If at first you don't succeed, try, try again.Then quit. There's no use being a damn foolabout it.”
W.C Fields
“If you have built castles in the air, your work need not be lost; that is where they should be. Now put foundations under them”
Henry David Thoreau
 
“Where there is no vision, the people perish”
Proverbs 29:18
“Life is one big road with lots of signs. Sowhen you riding through the ruts, don'tcomplicate your mind. Flee from hate,mischief and jealousy. Don't bury your thoughts, put your vision to reality . Wake Upand Live!”
Bob Marley
“The most pathetic person in the world issomeone who has sight, but has no vision.”
Helen Keller
“Good actions give strength to ourselves andinspire good actions in others.”
Plato
“I know the Bible is inspired because itinspires me”
Dwight L Moody
If you have a quote that you would like to see published in our next issue please email us at
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Ask an Expert
The questions in this issue will be answered byEric Medemar. Eric is a full time investor,Realtor and author of several top sellinginvesting courses available atwww.GreatGuruGiveaway.comBesure to check out his site for your FREE wholesaling mini course.
I would really like to get started real estateinvesting but I have very little cash and my creditis not the best in the world, do I have a chance orshould I just give up?Desperate in Dallas
Dear Desperate,You are not alone with your frustrations while tryingto get started investing in real estate. It seems like theultimate catch 22 doesn't it? “You don't have moneyso you can't get started, but you can't have money tillyou do get started”.Don't give up hope. There are several fantasticoptions for you to get started investing without theneed for cash or credit.
“You don't have money so you can'tget started, but you can't have moneytill you do get started”
Option #1 Lease Options
- In my opinion America isright in the middle of the perfect lease option storm.We have thousands of sellers who are unable to selltheir homes and will do just about anything to make asale happen. We also have buyers who have been hithard by the mortgage meltdown we are having.Basically we have a boatload of desperate buyers anda boatload of desperate sellers. With lease options wecan help out both parties and make a generous profitfor ourselves as well.The nice thing about lease option is that you don'tneed any cash or credit to get started because you arenever buying any homes. You are essentially placingyourself in the scenario as a high paid middleman.What a nice spot to be?If you want to learn more about lease options I wouldrecommend visiting www.TheForeclosureSchool.com  they offer a very low priced system for doing leaseoptions.
Option #2 Wholesaling
- I am kind of partial towholesaling because that is what I have been teachinginvestors from all across America. Wholesaling isanother fantastic option for getting you startedinvesting when you don't have cash or credit. Justlike the lease option, wholesaling doesn't require anymoney to get
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