Archive for March, 2011
Pat Subritzky ~ A Tribute
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Pat Subritzky
Other than my own, there is one family that has impacted my life more than any other. And that is the Subritzky Clan.
I became a Christian thanks to the ministry of Bill and Pat Subritzky and count Bills daughter and son in law as my closest friends and “spiritual parents”.
Pat passed away overnight and is a tragic loss to her family and the family of God.
I have sung at Pat’s events and often been in her home and knew her to be a passionate, Godly and “ordered” woman who cared about the lost and loved her life and her God.
Her distinctive laugh rings in my ears as I type this.
It would be inaccurate to say Pat was a “friend” of mine but I have known her and her family for exactly 30 years. I have heard her preach, eaten her cooking, watched her pray for many and heard her tell her husband off 
.
It is impossible to put into words how I feel about this incredible woman of God who has gone home. Heaven rejoices while we grieve her loss.
I can imagine the party starting as a faithful servant arrives home.
Pat came from a time when the internet hadn’t been invented and Facebook’s inventor wasn’t even born so pictures of her are hard to come by. The above era is how I remember her mostly. Stunning, beautifully groomed, confident and smiling.
Dean
Getting it right
Posted by: | CommentsEvery now and then you get a chance to see something really work. My recent experience in Memphis is one of those.
This report HERE today confirms Memphis as a Number 1 pick for growth in the USA and we are securing properties for UNDER A THIRD of the median price.
Investors are getting such good results, thanks to great buying and great management that I am actually able to help people retire with good cashflow literally overnight in some cases.
To see an actual path to retirement for under one million US dollars is like a dream, yet it is doable.
The team at Memphis Investment Properties are proving to be incredibly honest and the only company in the city who operate a cost plus model, giving the equity to the investor instead of lining their own pockets.
I’m telling you all this because I am really, really excited about this opportunity and want to twist your arm to join me on my next tour to check it out for yourself.
JOIN THE TOUR
I am not offering any big bonuses or special gifts to get you to come. I am simply saying that if you want to see a genuine cash flow solution, I mean retire for life with 100K USD income and total investment of under one million USD then you need to to come and make an independent inspection of what is on offer here.
Out first tour made the US news:
But the real news is that the people who came confirmed that what we are saying is true and they are now enjoying the benefits of taking action.
So I hope you’ll join us as we explore Phoenix and Memphis and learn from some of the top lawyers, publishers, property managers and property finders how you can create stunning cash flow for life.
More info and booking at RetireFromProperty
JOIN THE TOUR
See you at the airport
Here’s a sample of an actual property you could buy today……
Go on now, register your interest at RetireFromProperty and let’s get you retired ASAP
Get Going and Stay Safe ~ Dean Letfus
Remember US property is tax effective, still has depreciation and we have preapproved finance Best of all it is cash flow positive while you pay it off!!
Wealth Distribution
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As I spend more time in Asia I see more and more the shift in wealth distribution to the have’s and the have not’s.
Finding something to catch the “haves” wave becomes increasingly important as the world changes. We’ve all heard froma stage or read about the fact that “80% of the worlds rich make or keep their wealth in realestate”
But right now it is critical to seriously think about this and decide what we are going to do to not become literally poor.
In Singapore there are renters and there are people that own real estate. Generally they would not consider only owning one piece of real estate. There is no security in that for them. Because they understand that real estate is an inflation hedge, is an essential commodity and has leverage.
In fact most countries I visit understand this, except my own of course.
I feel like I am looking at a window into New Zealands future.
Our rich, including property investors, are going to get richer, especially as we embrace global markets.
But the middle class will become the new poor and the poor, well you don’t want to be one of them.
So my appeal to you today is to really think about what your world will look like in a high inflation environment where your salary is increasingly worthless and assets that are not inflation proofed devalue like crazy.
How will you avoid the poverty trap?? The strategies, opportunities and time are all in front of us. You can secure your children’s future even in an uncertain world. But will you?? There’s a question for a Tuesday!!
Get Going and Stay Safe ~ Dean Letfus
Culture and Results
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I had a fascinating experience in Singapore on the weekend discussing US property opportunities with a group of local friends.
My usual experience in NZ or Australia is to talk about the opportunities and risks etc. and then over time the occasional person will ask for more information or some assistance. But here in Singapore most of the room wanted to proceed on the spot.
I have just been swamped with requests to purchase investments.
And in talking to these investors nearly all of them already invest in 4 or 5 different countries. They all understand that you have to go where the deals are and right now the deals are in the USA.
I may not be conveying it clearly but the contrast with NZ investors is startling. I would say on average one in 20 or maybe even one in fifty kiwi investors will consider something outside of our own coastline. In Asia about one in fifty doesn’t.
And the Asian investors are far wealthier in a much shorter time as a result.
Now I’m not picking on my own, far from it. Really I am just asking the question:
How much does our culture affect our financial results? What do YOU think??
Get Going and Stay safe ~ Dean Letfus.
As the world unravels…..
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I was talking to some friends in Kuala Lumpur yesterday, one had just ought a property next door to the other. The interesting fact was that over ten years ago the first friend bought his property for $280,000.
So the other friend is buying the property next door, (in a complex so identical), this week for $250,000!!
This is a 10% decline in value over a ten year period!!
I can cite similar numbers in most countries of the world currently thanks to the GFC.
So the big question is do we take advantage of this or jump out of windows??
The more I see what is happening currently the more I believe we are seeing a massive shift in primary investing rules.
The fact is that investors with no debt and strong cash flow are completely unaffected by the current situation and able to continue their financially free lives while the world falls apart.
And I understand why people like Harry in Australia, Donald in the USA and even myself who have suffered at the hands of banks now officially “hate” them.
So the new over riding principle for successful depression proof financial freedom must be
“STRONG CASHFLOW AND NO DEBT”
So how are you going to get SCAND??
Get Going and Stay Safe ~ Dean Letfus.
PS: One solution to getting SCAND quickly is available HERE
Ideology and Reality
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I watch international money markets closely these days as many of my clients and friends are investing in the USA so currency movements are “personal” .
About 3 weeks ago I told my investors to put their NZ currency into a US currency account as there was a lot of volatility in the markets and as they were going to buy US property they should remove the cross currency risk.
So what has been fascinating to watch in recent days is that in spite of the US economy being bad and all the pessimism from US commentators about their dollar, the threat of the nuclear fallout in Japan has seen the USD gain 4 cents in 48 hours against the kiwi.
Which just goes to show that no amount of bravado or even facts regarding a substantial change in something will make any difference when the chips are down.
The world points its finger at the USA for the worlds woes but when things look really bad, whose currency does the world run to??
When our ideologies are preferences or adopted from others they will always crumble under a good dose of consequential reality.
The exciting part of course is that if you are getting funds in to the USD through real estate investment currently you will be a happy camper when the USD eventually recovers fully!!
So remember, it’s what people do when the chips are down that count, not what they think they will do when they are lying on a beach
Get Going and Stay Safe ~ Dean Letfus
Wealth Principles
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Nearly all of us have heard of Bill Gates and Warren Buffet, but do you know Carlos Slim?
He is by far the richest man on the planet yet is relatively unknown compared with his poorer cousins.
Carlos took his fathers advice and early business skills and is now worth around 74 Billion, (20 Billion up on 12 months ago).
His Business principles are worth sharing with you, they obviously work!!
“Carlos Slim Helú summarizes what he considers to be the Group’s business principles in 10 points, which have been communicated to his relatives, colleagues, employees and work force.
1. Create an organizational structure with simple, minimal hierarchies; provide personal development and in-house training for executives; maintain flexibility and a rapid decision-making capability; leverage the advantages of a small company and use these to grow and excel.
2. Maintaining austerity in good times strengthens, profits and accelerates the development of the company, and averts the bitterly drastic adjustments in times of crisis.
3. Stay focused on modernization, growth, training, quality, simplification and the continuous improvement of production processes. Increase productivity and competitiveness, reduce costs and expenses by using global benchmarks.
4. Companies should never be limited by the size of the owner or manager. Do not be a big fish in a small pond. Minimize investment in non-productive assets.
5. There is no challenge that we cannot overcome by working together with clear objectives and knowing the tools we have at our disposal.
6. Money that leaves the company evaporates; this is why we reinvest profits.
7. Corporate creativity is not only applicable to business, but also to solving many of society’s problems. This is what we do through the Group’s Foundations.
8. Firm and patient optimism always yields its rewards.
9. All times are good time for those who know how to work and have the tools to do so.
10. Our premise is and has always been that we leave with nothing; that we can only do things while we are alive and that businessmen are creators of the wealth they temporarily manage.”
Get Going and Stay Safe ~ Dean Letfus
