The Renegade Real Estate Investing Newsletter
"Cutting Through All That Real Estate Investing B.S."
This FREE Real Estate Investing Tips newsletter is your window into the world of real estate investing. You will never get closer to the real action than learning straight from two Canadian brothers, Tom & Nick Karadza, who are actually implementing the strategies they talk about! In this weekly publication you will get access to our real world guides, trends, tips, strategies and "how to" information that is being implemented "on the streets" with real people, right here in Canada.
To access the full list of articles visit: www.TheRealEstateRenegades.com
It is published every Thursday, if you have been forwarded
this email and would like your own copy click here to
sign up.
Thursday January 17th, 2008
In this Issue:
- Renegade Commentary: Do You Study The Wealthy? Playboy Does!
- Featured Article: The Top 10 Mistakes of Canadian Real Estate Investors
- Investing Strategy Tip of the Week: A Real Canadian Real Estate Investor Shares His First Experience
It's Just Around The Corner!
Our next real estate training class is on Saturday January 26, 2008
at 10am in our Oakville offices. In this class you will learn how to profit from Real Estate without having to rehab and renovate distressed homes and create steady monthly income for yourself.
You'll also learn about actual real life success stories of investors doing this right here in your own backyard. To get all the location details and hold your spot (because we regularly fill the class!) visit:
www.CanadianRealEstateTraining.com
Renegade Commentary: "Do You Study The Wealthy? Playboy Does!"
If you are not making a serious effort to study how others have achieved
wealth you are missing out on an important activity.
Why not learn from others? Especially others that have achieved big things.
You want to crawl into their minds, get into their thought process, think like they think.
In 1960 the editors of Playboy, think Bunnies and Hugh Hefner, approached J. Paul Getty
to document some of his thoughts on "Men, Money and Values in Today's Society".
He was one of the first people in the history of the world to amass a fortune of over $1 Billion dollars.
We could probably all learn something from this guy don't ya think?
Thanks Playboy!
In the preface of his book, How To Be Rich, first published in 1961, he makes this statement:
"Then, as I - and so many other successful businessmen of my acquaintance - have so frequently
noted, many young people today enter upon business careers without sufficient grounding
and preparation. By this, I do not mean that they lack specialized training. Rather, it is
that they fail to grasp the over-all long-range picture. They do not understand and appreciate
the universally applicable fundamentals, the basic philosophies, the endless implications and ramifications - and particularly the numberless responsibilities - which are the absolute
essentials of business in this complex age...I felt that, in our contemporary society, far
too much emphasis was being placed on getting rich, on amassing wealth. Little if
any attention was being paid to the very important question of how to be rich..."
Sound familiar?
Are you focusing on the celebrity of getting rich?
Or are you focusing on the fundamentals required to be rich, the "how to"?
Too many people have a very short sighted view and want quick success, quick riches.
Let me tell you, quick riches result in quick losses if you don't learn and study the principles of
"how to be rich".
Great words written back in 1960 that apply to us today in 2008.
If you don't have one, find a mentor and then begin taking steps along your wealth creation journey.
Focus, study, concentrate on the "how to" part.
Skip the rest. Tom & Nick Karadza
"The Real Estate Renegades"
Real Estate Investing Step-by-Step:
To learn more about our investing approach and the system we use
with our members you can request a copy of our FREE Report to be
mailed to you. In it you will learn:
- How you can turn 3 Single-Family homes into 24 homes without investing any additional money by having homes buy homes. EASY WEALTH!
- How you can create Income for Life in just ONE hour of spare time
a day! This means NO FIXING UP DISTRESSED HOMES!
To request your own complimentary copy of our investing in "Nice Homes
in Nice Areas" report go to www.LeaveWorkOneDay.com and fill out the form
at the bottom of the page.
Featured Article: "The Top 10 Mistakes Made On A Canadian Real Estate Investment"
You can't get involved with a Canadian real estate investment and not expect to at least make one mistake.
But here's the thing, I never look at mistakes as a bad thing. We always ask beginner investors to make as many mistakes as fast as possible. It's the only way to learn. Let me put include a little caveat here...the beginner investors we work with are working with our team, following a system, and we're assisting in the selection of the Canadian real estate investment and advising on different strategies to use with the property.
So we know they've chosen a good property and the we know the strategy they'll be using to make money on the property because we are implementing it constantly.
So...when we ask beginners to make mistakes we're usually referring to the process of filling their property with a tenant. You don't want to make too many mistakes on choosing your Canadian real estate investment or the strategy you use to profit with it - mistakes with that can have rather serious financial impacts on you quickly!
Most people are scared to make mistakes when showing their property to tenants or afraid that they'll say the wrong thing when talking to possible tenants. Or they're afraid they'll pick the wrong tenants.
You should know, that everyone feels this way.
It's 100% normal.
Don't freeze up...it's during this process that you should just go off and make as many mistakes as quickly as possible.
Here's why...
The more quickly you make the mistakes and screw up talking to possible tenants the more quickly you learn.
If you turn a tenant off because you present the property incorrectly or don't position the rent you are asking with confidence or if you don't create the property environment to rent out your property...big deal! You've just learned what not to do. Getting someone else to look at your Canadian real estate investment is not difficult. And now because you've made some mistakes you're better prepared for the next person you speak with.
Many beginners are so scared that they'll say the wrong thing when trying to rent out their Canadian real estate investment that they'll spend time on non-revenue producing activities.
This includes fixing things that don't need fixing. Or calling for quotes on a roof repair that still has 5 years life on it. Or running the numbers on their property for the 110th time.
To make money on a property you need to focus on the few activities that make you money. Read that again.
Fixing a door knob isn't one of them.
You need to get someone into your property so that you can collect cash.
With all that said let's jump into the top ten mistakes we see with investors and their Canadian real estate investment...
For the full article click here to continue reading...
New - Successful Investors Speak Out!
My son came up with the idea of having some of our real estate investing
clients "spill the beans" on a teleseminar call. He thought it would
be a great idea if you could hear from others how they are creating
wealth for themselves. Well, we couldn't agree with him more ;)
We did it and even helped him set up a website to share it with you.
If you want to eavesdrop on how people are making money in real estate right
in your own backyard visit www.MyDaddysTeleseminar.com and
you'll get instant access to a recording of the call right now!
Investing Strategy Tip of the Week:
A Real Canadian Real Estate Investor Shares His First Experience
Nick Karadza interviews Canadian real estate investor Jon Paul Hunt about his first real estate investing experience.
In this 36-minute interview you'll hear Jon Paul discuss various topics including:
- Why he started investing.
- Why he decided NOT to flip a property.
- What programs he investigated before choosing his strategy.
- His thoughts on the TV shows promoting flipping houses.
- The process he went throught to make his first investment.
- How he leveraged his education.
- How he used his coach throughout the process.
- How he spent only 30 minutes, 3 times a week to fill his Canadian investment property.
- What he was looking for when selecting a home as an investment.
To get the MP3 audio file of Nick's interview with this real estate investor click on the link below to have the audio load in your browser. OR Right click on the link and SAVE the MP3 file to your computer (that way you can listen to it on your computer or load it onto your iPOD or your personal MP3 player).
TO LISTEN TO THE INTERVIEW RIGHT NOW CLICK HERE
Until next time...be a Renegade!
About The Real Estate Renegades
Tom Karadza & Nick Karadza run the Income for Life real estate investing
system for their members throughout the Greater Toronto Area.
They have been called 'Real Estate Renegades' because they are implementing
real estate investing strategies that were once thought to be impossible by
many 'industry professionals'.
They are authors of the book "Income for Life for Canadians", to be released
in January 2008 - LATER THIS MONTH!
They also offer FREE real estate investing classes, FREE reports, coaching
and mentoring, and other resources to help both beginner and experienced real estate investors achieve ultimate success. Learn more now at:
www.TheRealEstateRenegades.com.
OR
You can meet them in person at their next FREE Real Estate Investing Class, "How to Invest in Nice Homes in Nice Areas" by signing up here: www.CanadianRealEstateTraining.com
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