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How To's Videos

Secret to Success – Worthwhile Video

I just came across this video from the blog called A Student of the Real Estate Game.

It’s a really good video on the secret to success and what it takes to be successful. The gentleman speaking is Eric Thomas, I think they call him the “hip hop preacher.” I know we all read and watch this kind of stuff from time to time but this one really struck a couple of chords with me. Enjoy and let me know your thoughts!

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Atm Deals How To's Passive Income Videos

ATM Passive Income Course coming soon…..

Hi Everyone….

I just made a quick video announcing the launch date of my ATM Passive Income course (which, btw, does not have a name yet lol)

Anyway, I don’t know if my computer just sucks or what, but it appears to me that my voice is not matching up with the video about 1/2 way to 3/4 of the way through. Can you kind folks let me know if it’s just my sucky computer or if I really need to re-do my video on my flip (this video was taking with my Palm Pixi Plus cell phone.) Thanks!

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Direct Marketing Campaign Finding Apartment Buildings How To's Multi-Units/Apartment Buildings

Idea to find Motivated Apartment Building Owners



I’m off today from BMW and Kathy and I are getting ready to check out some bank-owned apartment buildings but something occurred to me while I was looking for these bank-owned properties on the MLS………..

expired apartment building listing

Yeah folks…..EXPIRED LISTINGS for apartment buildings. Can you say duh? As I’ve been having discussions with myself, and yes I really do lol I have to remind myself to get back to the basics! Look at EVERYTHING you did with single family homes and mobile homes to find motivated sellers and of all things I forgot about expired listings (and I’m going to add withdrawn listings in there too!)



With that said, I found some expired apartment buildings on the MLS and they will now be a new part of my “finding deals” system. I will immediately add them to my direct mail campaign. Actually, now that I’m typing this I think I’ll send them separately so I can track them better. Can’t believe I didn’t think of this sooner? Do you ever find that when you decide to take on something new that you over-think things? That’s definitely me for sure.

Good thing I’m back on track with my thinking. Working a 40 hour work week for someone else for 2 weeks now sure has a way of bringing out your thinking cap!

Guys and gals I have to tell you that I am more psyched than ever before now. I think I got this “work” pattern down at BMW, my body is now accustomed to getting up early even on my days off and I totally feel better “emotionally” knowing that the bills will get paid. Add to all of that that I do not like working a “normal” job and I’ve got huge motivation written all over me.

I haven’t been this excited since I wrote my freedom post. It’s on like donkey kong now!

it's on like donkey kong

Who’s got anymore ideas that I’ve been missing? The last post I made a few days ago Esi and Al made some great comments…..does anyone else have any more thoughts on finding motivated apartment building owners?

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Direct Marketing Campaign Finding Apartment Buildings Finding REO Deals How To's Multi-Units/Apartment Buildings

Finding Motivated Apartment Building Owners



I’ve decided to spend my apartment hunting time finding motivated apartment building owners. Why not? I ask myself. I mean seriously I’ve been involved in real estate for 11 years now and every deal that I’ve ever done whether it was a mobile home deal, a rehab deal, a wholesale deal, sub2 deal or what have you was from a motivated seller!

Why try to reinvent the wheel right? I mean seriously all of the commercial folks are saying that a wave of commercial foreclosures are going to be coming………..how about getting to them before they reach foreclosure?




Also, I’m going to find a way to reach apartment building owners that are going through evictions. I’ve been trying to figure out how to do it in Delaware but they haven’t been making it easy thus far. I’ll figure something out though.

I think the 2 ways I mentioned above are good as well as probate deals, but the big time consuming problem that I’m thinking will arise is the fact that I’ll probably have to sift through 99.9% of single family deals to find the apartment building owner deals. Wouldn’t you agree?

I wonder if there is a way to get by that? Are there any other techniques that you commercial guys and gals use to find motivated apartment building owners?

I’ve been doing direct mail, but I’m really just sending out a mass mailing to apartment owners…I’m sure my results would sky rocket if I was sending out a mass mailing to MOTIVATED APARTMENT BUILDING OWNERS!

Soooooo fess up (please) how are YOU finding motivated apartment building owners? (Btw, going to check out some reo’s this weekend that I found on the MLS…there’s another technique. An oldie, but always a goodie!)

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Goals and Planning How To's Videos

You Vs. Goals



Ever have a problem keeping the goals that you write down? Ever wonder why you don’t want to complete all of your daily tasks that you give to yourself? Why do we sabotage our own successes when we know what we need to do?

Please give your tips and ideas after watching the video. The video is about some tips I gave to a friend who was having problems with her goals (I took the tips as well lol)

What do you think? How do you ensure that you complete your goals? This goes for folks that are self-employed but definitely want to hear from folks that have a “comfortable” J-O-B but are trying to reach a different GOAL for their lives in the future…….

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Atm Deals How To's Passive Income Videos

How to Get Your ATM’s Placed Using Profit Sharing



Learn several ATM profit sharing techniques that will help you entice more small business owners so you can secure their locations as a place for your ATM. If you have any questions or comments please feel free to post them below or shoot me an email.

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Free/Low Cost Marketing Methods How To's

Huge FREE Internet Marketing Traffic Expo



I know a good majority of you that read my blog are internet marketers yourself. Well I just learned about this Internet Marketing Expo that is coming up and I think it’s gonna be awesome.

It’s all about getting Traffic to your websites and there will be over 20 speakers and the best part…it’s FREE! And we’re not talking lame, no-name speakers here. You’ll hear Yanik Silver, Mike Filsaime, Amit Mehta, Brad Fallon and many, many more!




Apparently, they are doing this never before done thang where for 3 days they are having a webinar kind of thing so you don’t have to travel anywhere, etc. I think if you are serious about getting traffic to your site and about internet marketing that even a good nugget or 2 from this event will be worth it. (How can it not me? It’s friggin free!)

Anyway, here is the link to check it out: Traffic Rockstars! (Btw, that is an affiliate link. While the event is completely, 100% free, they offer a backstage upgrade for a fee, so that’s what the affiliate link is for. You do NOT have to upgrade at all…..I promise.)

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Commercial Real Estate Brokers Educational Seminars Finding Apartment Buildings Free/Low Cost Marketing Methods How To's Multi-Units/Apartment Buildings Networking Private Lenders Videos

Private Money Pitch – Short

Ok so you remember the longer private money pitch that you saw on video, right? Well this is my shorter private money pitch. And I know the video says I’ll be using it tomorrow at the convention, but I actually recorded that video a few days ago….so I used the pitch all day yesterday at the convention.

I think I even shortened it and went into detail if folks asked questions. At first, I have to admit that it was a little intimidating being in a huge convention center with soooo many people and not knowing how to approach folks or what to say, etc. Because of course, I just wanted the opportunity to try my pitch. After a while I started to get the hang of it and felt more comfortable talking to folks. After a bit I would randomly sit down next to folks just to ask what they do for a living lol

I got 1 guy who told me he thinks he’d be interested and to definitely email him. Another couple seemed interested but they didn’t have any contact info, so I gave them my biz card (probably never hear from them.) About 1 or 2 other folks seemed like they may know folks that may be interested. I got biz cards and I put EVERYONE into an excel spreadsheet today, along with some notes on the back of their biz cards. I’m going to stay in touch with everyone, but definitely with the potential private money folks.

Met a couple of new mortgage brokers and commercial real estate brokers. Had a free lunch, free dinner and an open bar (I don’t drink so I just had 2 sodas.) Also attended a free seminar on financing in today’s market. All in all it was a pretty good day.

So….what are your thoughts on this private money pitch vs. the longer private money pitch?

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Atm Deals Goals and Planning How To's Joint Ventures Passive Income

Planning Your Retirement with Your Atm Machine Business



planning your retirement

Are you planning your retirement? Seriously. How many of us self-employed real estate investors or just self-employed in any type of business are REALLY planning for retirement? Are you being truly effective at planning your retirement? Could you be doing more to plan your retirement? I know I could be doing more to plan for my retirement.

So I was in the shower today (remember! I do my best thinking there) and a thought occured to me: “You know I’m trying to get folks to use self-directed ira’s to invest in my commercial real estate deals, so why couldn’t I use my own self-directed ira to invest in my atm machine business?”

Now, I have to run this by the self-directed IRA company that I plan on using (Equity Trust) but if the guy I’ve been dealing with, who has been amazing by the way (Matt) says it’s an ok investment for my ira then it’s something I am seriously going to do (and I just told Kathy about it too!)

Do you guys have any idea how huge this is…IF in fact I can invest my ira into my atm machine business?? Planning YOUR retirement just got easier too; if this is in fact an acceptable investment strategy for your self-directed IRA.




Just an example how planning your retirement with your atm machine business would work:

– You have 10k in a self-directed ROTH IRA (I love the ROTH IRA.)

– You find a business that you think would be an awesome spot for your atm machine.

– You have your ROTH IRA pay for the machine, pay for the modem, pay for any stickers, extenstion cords, etc. ($2500 max)

– You have your ROTH IRA put let’s just say $1,000 into your atm machine to start (that’s how we start most of our new atm’s that we place.)

– You begin to collect the surcharges from the machine every month and that gets deposited into your ROTH IRA (after you pay your bills which most likely will just be a $15 modem charge.)

Rinse and keep repeating because the entire time you’re actually planning your retirement. Over and over and over again.

Now with our atm machines we’ve been averaging about $200 a machine per month. So that’s 20% a month per machine. Imagine you put that $200 back into your self-directed ROTH IRA every month; year in and year out for as long as you have your atm machine. That’s 20% of your $1000 going back into your TAX FREE roth Ira. Is that not an awesome plan to consider when planning your retirement?

If you then decided that you wanted to get out of the atm machine business then you would sell your atm machine to someone else who wants to potentially use the atm machine business to plan their retirement. Of course, 100% of those profits must go right back into that TAX FREE ROTH IRA! hehehe I like saying that….TAX FREE!

Planning for retirement I think just got a wee bit easier folks. For me anyway 🙂

Just a note: If you were interested in converting your traditional ira to a self-directed Roth Ira then you will have 2 years to pay the conversion taxes. So you can pay 1/2 in 2011 and 1/2 in 2012. Btw, I am NOT an accountant nor am I giving you finanical advice. Please consult with your accountant to verify all of this information 🙂 (This also applies, I believe if you are converting your self-directed traditional ira to a self-directed roth ira. You have the 2 years to split up the conversion fee.)

If you have any questions about how you can use your atm machine business when planning your retirement please post them below!

Soooo what do you think? Are you excited as I am about this method when planning your retirement? Also, I’m thinking that this would be a good way to go when partnering in atm deals.

What do you folks think?

planning your retirement with your atm machine business

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Educational Seminars How To's Private Lenders Videos

Attracting Private Money with my Elevator Pitch

I hope you liked my private money elevator pitch video. Please leave some comments in regards to what you thought of it. Do you think it will create interest? Do you think it’s too long? Is it good, bad, or what? Thoughts or ideas to make it better?

Thanks!

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