Inner Game and Goal Setting for Real Estate Entrepreneurs

James Orr — Tue, 29 Jun 2010 15:22:31 +0000

Motivational Mondays have never been better. In this episode you will find:

James starts the show by telling listeners that they can find the audios of other episodes on the Learn To Be Rich Website, as well as on iTunes as a podcast. He also tells new listeners that they can find resources to help their business on the Learn To Be Rich Website.
After the reminders, James reveals a new Affirmation for the Day, along with a discussion about how real estate entrepreneurs add value to the market.
Then, James talks a little about programs like Map Point and how they affect Real Estate Entrepreneurs’ Businesses.
In addition, James talks about some inner game and his goal-reward system. He also goes over a listener’s goal as an example, to see if it is realistic. The goal was to buy three houses in 45 days.
James talks about a lesson he learned from a movie relating to the real estate business.
To close the show James says the Affirmation for the Day one more time as well as reminds listeners that they can attend The James Orr Show live if they sign up.

Want more of The James Orr Show? You can find additional episodes on the Learn To Be Rich Website or on iTunes available as a podcast.

Real Estate Investors are Problem Solvers

James Orr — Sat, 02 Jan 2010 18:42:12 +0000

Why is it that investors can find and profit from good deals? Are we just lucky? Or do our profits come from a service that we provide, that no one else is offering? In most situations, we get paid because we solve problems.

Investors solve many types of problems. We can help families or individuals liquidate their properties immediately in situations like divorce, death, financial crisis, or job relocation.

One of the most obvious problems that investors solve is rehabilitating trashed properties.

I was recently looking over some local properties available in my market and I encountered a very interesting deal: A multi-unit property that has been on the market for almost six months and has dropped in price $73,000 during that time.

Why has it languished for so long at an increasingly appealing asking price?

Because it has problems. That’s what makes this deal particularly well suited for an investor.

This particular property needs some repairs and some pretty massive clean-up. Its condition is so intimidating, that most people, even some investors, aren’t interested in dealing with its problems.

The investor knows though, that this is what he gets paid for. He takes an ugly house, a neighborhood blight, and fixes it. He makes it pretty and livable again. He does the seller a service by rescuing his property and relieving him of the burden of restoring it, paying for it, worrying about it, etc. He also does the community a service by removing an eyesore and making the property inhabitable.

Remember, if you are an investor, you are looking for problems to solve. And none are so obvious than the dilapidated property no one else is willing to take on.

Until my next post,

James

P.S. A common thread in much of our training included for Real Estate Investor Bronze Members is that you are paid for bringing value to the marketplace. You are compensated as a real estate investor for solving problems and helping on the buy side, the sell side and when you rent properties.

Learn To Be Rich » adding value

Inner Game and Goal Setting for Real Estate Entrepreneurs

Real Estate Investors are Problem Solvers