Tell people what you do!!

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From 21/10/2006

I have cultivated a habit of telling people that I am a property investor. I used to find it really hard because I felt like I was either showing off or setting myself up to be shot down. I expected them to either think I was up myself or weird. Thankfully I got over that and now just naturally talk about property and what we do.

I think this is a great skill to develop because if people know what you do then they can ask for your help regarding property and this can create great win~win opportunities for you.

My latest lease option is a good example of this. I had a meeting a while ago with someone from my church who was trying to buy their own home and they had heard me talk about helping people into their own homes. This led to a meeting with a friend of his. As part of talking with them I talked about being an investor etc. Recently they mentioned kind of in passing that they were having a problem getting finance for the occupant of a property their trust had just built. I asked them the details and suggested I could lease option the property. They had no idea what a lease option was but after explaining it they thought it was a great idea. Their purchaser was about ot sing up for a 12.5% mortgage and being offered a similar deal at around 10% was doing them a real favour.

So yesterday we did the papaerwork and I now own a property delivering over $140 a week PRETAX after mortgage, rates and insurance with a $40,000 deposit. All because I talked about what I did. Even better their trust wants to do another 12 in the next year. So one conversation in a church foyer will deliver me nearly $2000 a week pretax income in the next year. Beats workin.

I guarantee that in your circle of friends/work associates/clubs will be people desperate to either buy/sell or own their own homes. You could be helping them and making money, serious money!!

I now teach on lease options and continue to use it as a strategy to build income. Last night I explained teh process to about 30 people in my Elim mentoring group and you could hear the gasps of astonishment as they considered the possibilities.

The more I talk about property, the more people get helped into their own homes, the more funds I generate for Fiji. Life is cool!!!

So tell people what you do!!

Off to Wellington in a minute to get ready for tomorrow where I’ll be telling a sold out room of over 140 people how to take massive action by trading property!! Hope to see you there.
And don’t forget you can join us in CHCH for the final hurrah!! Click on events to your left