Archive for Dean Leftus
Happy campers
Posted by: | CommentsWell I have large bunch of happy clients today after securing their investments yesterday. Another country, another economy but great cash flow is always bound to put a smile on yer face.
It’s funny when you are in a market where the bad economy creates such opportunity because as I listen to the political debates on television I can’t help but think of my mentors comments this week when he said:
“I hope the president gets back in, a bad economy is what we all need right now for real estate”.
Goes to show one mans meat is indeed another mans poison I guess!
Now I am here for another month and finding some FANTASTIC deals.
If y’all want to get in as this market heads north then contact me NOW EMAIL ME
Get er done ~ Dean
Don’t forget to check out the latest low cost list, they are great homes and heavily discounted. GET THEM HERE
PS: The next Cashflow Tour is happening in October, check it out HERE
Beginning again, again
Posted by: | CommentsIn 2004/5 I bought 13 homes in 7 months. I don’t have exact data in front of me but I spent, or rather borrowed around 4.5 million dollars to do so. I remember at the time just “doing it”, following what I had been told, and it worked.
So 8 years later and 12,000 miles away, today I bought 13 houses in one day for less than $450,000.
Here in the US I have close friends who are some of the best professionals in the nation with years and years of real world experience. They have invited me into their inner circles and given me access to their friends and contacts.
And in spite of all that I found myself shaking as I handed over my first 3 contracts to an attorney. I guess you don’t know how things affect you sometimes till you get back on the bike for real rather than in the simulator 
.
And in fact I have been investing here for 3 years so it isn’t even new really but this was my first excursion without my US mentor by my side.
Today I think I understood for the first time exactly how many of my mentoring clients must have felt when they started. You are signing this totally strange contract to spend money you don’t know if you really have to buy something that may or may not be a good idea. And no amount of assurance or advice eliminates that.
Stay tuned as the story continues , and remember to have courage……..
Y’all take care now y’hear ~ Dean.
Don’t forget to check out the latest low cost list, they are great homes and heavily discounted. GET THEM HERE
PS: The next Cashflow Tour is happening in October, check it out HERE
PPS: I have secured some outstanding packages of wholesale homes, if you are risk tolerant and this interests you please email me
Overcoming.
Posted by: | Comments
It’s interesting when you have a bad experience how much you have to fight to get back to where you were. Having been pretty fearless in the NZ real estate industry and then going through the last 4 years of hell I find I am having to really fight to not let fear consume me as I get more traction in the USA.
Of course a different market in a different country is scary which I expect, but I didn’t expect to be battling the “what the $*!#^% do you think you’re doing” voices again quite so strongly. And even though I am connected with the top people in this city t is still amazing how scary it is to sign a contract here.
Which just goes to prove that we have to maintain change. Our weaknesses will always be there, our choice is whether we learn to contain and manage them so they don’t rule us.
But like anything, unless we maintain the new man, the old one is always there happy to come out for a visit!
Dean
PS: Our super cheap pack of homes is selling fast, I even had a wholesaler wanting them .
GET THEM HERE
Homes not yet sold on that list are:
| 4051 Arrowhead Dr |
| 4306 University St |
| 4983 Appleville St |
| 1069 Poppen Dr |
| 3027 South Perkins Rd |
| 623 Frayser Dr |
| 3917 Rangeline Rd |
| 4315 Mountain Terrace |
| 2286 Corning Ave |
| 3603 Windermere Rd |
| 4231 Coventry Dr |
Time to enjoy the ride up!
Posted by: | Comments
It is amazing how quickly the Memphis market is tightening up. A number of less experienced wholesalers and smaller fund buyers have already left the city because they seem unable to find any deals anymore.
This is quite amusing because what they actually mean is that the market that had gold literally lying around now requires some effort and this is quite foreign to them .
As a kiwi I am used to the “Look at a hundred properties to buy one” and the work that involves so Memphis is just becoming my kinda town!
I am very fortunate to be able to work with several of the best experts in Memphis so am pleased to announce it is business as usual.
As I mentioned earlier we recently were able to put a package of homes together at unbelievable prices for our clients and that list is now available for you.
You will not find stock fully rehabbed in good rental locations for this sort of money again so if you have been waiting to be tempted this is it, GO LARGE .
Download the list HERE
If your vision doesn’t make you laugh, cry AND change, then it’s nothing ~ Dean
PS: The next Cashflow Tour is happening in October, check it out HERE
PPS: I have secured some outstanding packages of wholesale homes, if you are risk tolerant and this interests you please email me
Getting what we work for
Posted by: | CommentsI watched the mens marathon last night and the commentary was as interesting as the race. I had a UK feed where both announcers were former marathon champions. They spent the whole race saying why one of the 2 favourites would probably win or not win. Especially after the favuorite took off in the second 10K and left the field behind tales of his impending doom became common.
But the real story I guess was the Ugandan runner who won.
Ugandas first gold medal in 40 years!!
Stephen Kiprotich was out of school for 3 years with illness. HE stopped running in his early teens to concentrate on school, then at 17 told his impoverished parents he was moving to Kenya to become an athlete. And yesterday, as they say, the rest became history.
The part of the story I picked up on was that he went to where the best runners in the world were and lived and trained with them. In fact teh commentator said that maybe Kenya should shut it’s training facility to overseas athletes as they are losing too many medals now that their training secrets are being handed out to too many others.
Isn’t that an interesting attitude that as success spreads we should think about keeping it to ourselves? When I say interesting I mean terrible of course but interesting never the less.
I took 2 main lessons last night from that race. Sometimes the supposed professionals have no idea what they are talking about and to become the best it helps to hang around with the best.
And that is going to be true for every area of our lives. You may never win a medal but if you want to be the best husband/wife/investor/preacher/tinker or tailor you can be…………
read the books, attend the conferences and listen to the podcasts absolutely but then find someone who has achieved the results you want and find a way into their world.
For me this is primarily about becoming the best person I can be spiritually and relationally so I look for those men who have the marriages and relationships with God I admire and hang around them.
This was something I didn’t do enough of in my earlier investing days and I paid a big price for it. Now in the USA I have surrounded myself with top shelf people and can get top shelf results with much less of a learning curve than I experienced in New Zealand.
It simply works no matter what your goals, find someone to learn from today!
If your vision doesn’t make you laugh, cry AND change, then it’s nothing ~ Dean
PS: The next Cashflow Tour is happening in October, check it out HERE
Try harder?
Posted by: | Comments
I facebooked about Usain Bolt’s cruise to victory in todays 200 meters final and one of my mates commented on the fact that he did himself and us a dis-service by not doing his best. I found this intriguing because most of us certainly don’t apply this rule to ourselves but I guess we do to others, especially those we look up to.
I have watched Usain Bolt for example through the Olympics and other than being in awe of his ability I thought it was super wise of him to ease off every opportunity he could because this reduces his likelihood of injury. So I was surprised when someone felt cheated that he hadn’t given 110%.
I don’t know if there’s a right or wrong answer to this question because it is very subjective. For example if I was painting a wall and my painter said he was pretty good and would do a reasonable job for a fair price I would be happy. However if I needed surgery and my surgeon advised me as he was putting me under that he was 78% qualified to perform the op I would be running naked out of the theatre.
SO what do you think about Usain? Should he run flat out and keep setting new world records to show his commitment? Or are we simply asking him to do what we don’t do ourselves?? 
If your vision doesn’t make you laugh, cry AND change, then it’s nothing ~ Dean
PS: The next Cashflow Tour is happening in October, check it out HERE
Massive/Turnkey Ezine 2012
Posted by: | Comments
Well it’s hard to believe it is August 2012. It has been 7 months since I did my last real newsletter as I battled illness and financial dramas at home but I am glad to be alive I can tell you that!
It’s taken a long time to get back into the saddle as it were and my last thing to recommence was my newsletters so here we go!
Having not lived for several hundred years I don’t know if the world has fundamentally moved culturally in the last few years. But it sure feels that way coming form the early 2000s till today. I wonder what the next 12 months might bring?
PROPERTY UPDATE
It is impossible to talk about the property market as one market right now. There seem to be incredible contradictions in the media and everybody is keen to talk things up for sure but the reality is that we continue to live in a state of uncertainty and weirdness.
I have been involved in several property transactions in the last six months, mostly with Auckland clients and in the “investor” market as opposed to home buyer sales things are not good. Houses bought in average areas 5 to 7 years ago are struggling to sell for what they were bought for. The better areas are certainly doing better, white middle class Auckland especially is selling for good money and if it weren’t basically illegal now trading would be a possibility in the 450 to 750K price brackets.
A lot of my clients are buying cr*p in South Auckland for cash flow. The returns are certainly there but having owned a lot of that sort of property I wouldn’t touch it again with a barge pole. It just isn’t worth the tenant headaches and maintenance costs. I believe these people are still living in boom time mode where these homes increased in value significantly. Man I bought houses in Otara for low 100′s and had people fighting to buy them off me a year later, woo hoo!. But I believe those days are gone. It could take a generation ot forget this recession and it ain’t over yet!
I think a lot, and I mean a LOT of people are now gun shy having been burned through the recession and there is a significant exodus of investors from the local market which creates opportunity for those of us who are left, as there is less competition.
I know also mortgage brokers are doing a lot of preapprovals that never turn into loans as people think about taking action and then don’t.
Even though many of the things I saw coming are now here I have become much more, what’s the word, circumspect over the last 3 years about predicting the future and much less certain about many things. So when it comes to property investment in NZ today I think it is probably about 50/50. It is probably a reasonable time to jump in with low rates and relatively subdued prices, however the risk of further global problems is very, very real and there is definitely risk of downward pressure on prices again and certainly changes in bank behaviour.
So I guess if you’ve got safe long term employment and plenty of money buy here. If you can’t tick both those boxes I would sit on my hands or join us in the US market where the risk is lower over all and your own personal situation is not put at any risk at all.
USA UPDATE
Heading into our fourth year of the USA as an investment market all I can say is God Bless America.
It has been a good solid cashflow alternative and we are just starting to see some actual signs of recovery bringing capital growth to the party as well.
Oh before I forget there is some HUGE news coming out of one city next week. Join me live on my free webinar to get the low down. IF you have been sitting on your hands DON’T MISS THIS. It is a chance to get cashflow and growth with the guess work removed!
I am staying up all night to cover all 3 main timezones,
you can register for free at http://bit.ly/N05ofk
So as I said a year ago the USA:
“is without doubt the market to consider if you just want to retire young(er). We are forever learning more about this market and adjusting our strategies and info to handle the moving landscape that is the USA.
Overall though we are very happy with the portfolios we are building there for clients and just wish we had found this solution earlier. We are working in 3 main cities and 3 years in we now know the critical factors to consider before jumping in to this market. There is lots of money to be made and cashflow to be achieved in the US market but it is also very easy to get it very wrong.”
We are very excited to now be working with John Burley in Phoenix who has solved our acquisition problems for turnkey buyers and for the “phoenix strategy” and Memphis and Atlanta continue to be outstanding markets.
We now have a significant number of clients with growing portfolios who simply keep adding homes as they are able to and increase their cashflow. As they qualify for bank lending they can recycle ALL THEIR INVESTMENT FUNDS and retire, or buy more homes, or travel the world, fill in YOUR blank
Oh and don’t forget I will be in the USA from next week if you have any special requests . And if you have been thinking of coming to the USA to have a look I am running a tour here first week of October, more info and registration details at
We are more confident than ever of the US strategy, we get good results consistently, our clients are safely set up and buying at genuine wholesale rates and our finance options get better all the time.
MINDSET SCIENCE
As I split my time between NZ, Fiji and the USA I find it a very “grounding” experience. In the USA most people are worried about who the next president will be, the price of gasoline and making sure they can still buy the new car/tv/ or whatever.
In New Zealand we have definitely become a bit more negative and depressed and we seem to be pretty obsessed with turning victimisation into an art form. Everything is about our rights and how unfair things are and we rub our hands with glee whenever any politician or business man loses a battle.
In Fiji most people have a smile on their face but live with disease, early mortality, constant sickness and corruption in business and governance.
So give me Fiji anyday in terms of mental health . I no longer worry about why people lie to me or about me when people I dearly love are dying across the street from preventable diseases.
I no longer worry about world domination (financially), when many of my friends in Fiji earn $60 to $90 a WEEK!
In other words the so called big stuff in the West is really window dressing, smoke and mirrors.
Of course we want financial freedom and we should pursue it. Of course there is nothing worng with having the toys and the bling if that is what really turns you on, but none of those things will make you a bigger person inside.
I get more joy out of seeing the look on a childs face who I delivered a $3 doll to than I ever have out of a client making 100K on a property deal.
And watching a 39 year old woman die for no good reason wracked with pain because no decent medical facilities were available far overshadows the millions of dollars I have lost in the last 3 years.
So remember in the midst of the glory to reach down to those who live in the mire and remember this:
Your day down there may come, (again)!
Life, live it for something more than glitter!!
As always Stay Inspired and Stay Safe, Dean and the Team. (EMAIL ME ANYTIME)
PS: PLEASE PLEASE don’t miss next weeks webinar, if you have even a 1% interest in a small, (or large) investment in the USA you need to join me and Elvis in Memphis for this news!!
