Starting Real Estate

Casey Serin of iamfacingforeclosure.com appears with Robert Kiyosaki (richdad.com) and tells his story of flipping houses, leverage, and debt. This guy bought eight houses in eight months, with no money down. While it didn’t end well yet, I have to say, this guy’s got guts… and an very interesting blog to go with it. In the clip Kiyosaki mentions Buckminster Fuller. He’s the one who said, “Mistakes are only sins when not admitted.” His name is the newest addition to my reading list (books I want to read.. not people reading my writings). I have a feeling that Casey’s book, when published, is going to bring in more income, and passive income, than all those houses could have, even if flipped without any problems.

Here’s the link to the video: iamfacingforeclosure.com/116/mistakes-are-only-sins-when-not-admitted-robert-kiyosaki/

Real Estate Finance, here I come again. After almost a year–I’m signing up again. This time, I’ll just be taking this one class. It’s the same teacher as last time.

Glengarry Glen Ross really captures what goes on inside a sales office. In this case its a real estate office, but minus the threats and robberies it really reminds me of my bullpen. Learn from the talk tracks and how these guys struggle with no leads. Also notice, the guy on top is actually working while the other guys are whining. There’s a dialogue where the Machine talks about his cold calling success. Well–why doesn’t he cold call now? I’ve been working on my cold calling more now and it is quite a challenge, but quite an adventure. Walking inside a place you’ve never been in before and starting up a conversation. Anyways, a guy at my office recommended this movie, and I loved it. I bet if I was selling properties, I’d love it even more.

Sales Lesson: Strange as it seems, but a lot of my customers don’t want choices. They come to me because I’m an expert and it’s my job to help them find what suits their needs. Complicating their lives with a million options when I know the ones best for them, would be wasting their time. A lot of people appreciate a fast, easy, and simple solution.