• Tweet
• Email

PROPERTY UPDATE BY DEAN LETFUS

Well my 12 month programme is over subscribed and I received 2 more applications today!  (I’m considering a second group so let me know urgently if you would be keen to join the year of unprecedented success )  The feedback from our first webinar has been most humbling.  I only teach what I do but it seems to be revelatory to many.

One of my new students rung me just to say he feels like a drug addict as he starts looking at property he is so excited.

It’s funny, when it comes to property there is no secret bullet, as Yoda would say “There is just do or not do”.  I rely on Trademe for my main source of leads and this week I showed my students how easy it can be to uncover deals when I emailed an agent about a property I had identified as potential through keyword searches on Trademe.  After emailing the agent he replied back to arrange viewing and in his email offered long term settlement and vendor finance from the owner.  I didn’t know this agent at all and I hadn’t even met him yet or seen the property.

I see this sort of thing happen every week because I keep doing the same things, simple things well. If I spent all my time trying to find some secret system I would never develop the skills to execute simple things effectively.  I see people spending big money on fancy search software and I always wonder what they need it for. I find more deals on Trademe than I can ever follow up, for FREE!!. What would I want more information for??

I suspect that this year you will see the looney idea brigade out in force again so remember to engage brain before opening wallet and if it doesn’t have a genuine 100% money back guarantee don’t do it.

THIS year is the year to make money out of good old fashioned smart real estate investment and trading.

And in a similar vein I met a man today who is doing something simple but very effectively.  I am going to offer his services to my mentoring clients in 2 weeks. It makes selling at valuation easy and buying with no money down as simple as tying your shoe laces.

My new friend simply took a concept and refined it till he produced a magnificent opportunity that will enable people to buy much more property than they could without his company.  What is it?? Well I feel terrible doing this but it is only being offered to my mentoring students so if I told you I’d have to kill you and then you couldn’t read my newsletters

FINANCE UPDATE BY KRIS PEDERSEN

Kris Pedersen Finance Strategist

Happy New Year!!

I hope everyone has had a good break and is raring for a productive and positive 2010. Property cycles generally are tied in quite closely with finance cycles meaning that as finance criteria gets more relaxed the market activity tends to increase and the opposite occurs when credit is tightened. While there isn’t any major signs of investment finance criteria relaxing at the moment one positive is that finance for owner occupied properties is definitely freeing up.

If you are wanting to get into the property market and have a smallish deposit in some occasions it may be better to look at getting your own home first as you will be more likely to obtain the funding for it. Give me a bell if you wish to discuss this in relation to your position in greater detail.

MINDSET SCIENCE BY DEAN LETFUS

It was refreshing to meet a like minded individual today who shared my passion for personal development and who admitted his faults so easily.

He has been very rich and very poor more than once and unlike many was able to identify his core issues, which is essential to any long term change.

I asked him what had happened and he simply said:

“Dean, the problem was the money just came too easy.  Suddenly I was loaded and I didn’t know how to behave or to appreciate what a gift it was.

I would say that he discovered that his character couldn’t keep up with his circumstances and that is a huge lesson to learn. The fact is that we only develop personally through adversity.  Now I can hear the Law Of Attraction and The Secret advocates getting their hackles up already but I have seen too many people screw themselves over through a lack of character and invariably they have had a lack of problems in their lives.  The Secret is that we can’t attract good things to ourselves unless have the personal capacity to receive it and contain it. And THAT comes through fun stuff like pain, self control, perseverance, honesty when it costs us and integrity no matter what!!

I remember meeting a young man about 3 years ago at a dinner who “had it all” and a month later he was dead. This guy was seriously loaded, dating models, driving Lambo’s.  When we spent an evening together it was obvious that he was a gifted businessman and entrepreneur but also very shallow.  His money had come too easy and when something went wrong, nobody knows what, he ended his life.  Tragic but too common.

I’m sharing this with you to encourage you to look at the adversity in your life as an opportunity to dig deeper into who you really are and grow.  I have a song I love that talks about this. The lyrics say:

I knew all the answers
The way my life should go
And when I used to say my prayers
I would tell God so
It seemed He wasn’t listening
I thought He didn’t care
But lookin’ back
It’s plain to see
He was always there

‘Cause I prayed for strength
And I got pain that made me strong
I prayed for courage
And got fear to overcome
When I prayed for faith
My empty heart brought me to my knees
I don’t always get what I want
I get what I need

I’m not sayin’ that it’s easy
Or that it doesn’t hurt
When nothing seems to go my way
Nothing seems to work
These days I’m getting better
At goin’ with the flow
Accepting that sometimes the answer
To a prayer is no

‘Cause I prayed for strength
And I got pain that made me strong
I prayed for courage
And got fear to overcome
When I prayed for faith
My empty heart brought me to my knees
I don’t always get what I want
I get what I need

Every time I’ve had a door slammed in my face
In time a better one was opened in its place

I prayed for strength
And I got pain that made me strong
I prayed for courage
And got fear to overcome
When I prayed for faith
My empty heart brought me to my knees
I don’t always get what I want
I get what I need

Oh I don’t always get what I want
I get what I need.

I pray for you this year that you get what you need so you can contain what you want!!