james90210: The Millionaire Real Estate Agent - Here comes the wind
- 04/19/09 10:23 AM
It is after the dreaded April 15th and everyone now is going to be looking at a market with low interest rates and some astounding prices, pretty carefully. Those who have sat on the fences and have waited for the storm of the century are going to start getting restless, seeing the clouds spreading thin and the sunshine coming through.
We can all expect our business to pick up during the next couple of months due to various reasons, but one thing is for certain, this is a seasonal wind and you need to be sitting on the lake with … (4 comments)
james90210: The Millionaire Real Estate Agent - Advertising
- 04/12/09 05:31 AM
Doing my 2008 Taxes, I realized one thing and one thing only, the amount of money I have wasted on conventional print advertising. For the X amount of dollars I have spent on print advertising my return in 2008 has been 0 (zero). The dominant figures of our markets print advertising LA Times and some magazines have yielded 0 (zero) leads. It is a good time to sit down and plan for 2009 and analyze new media and see what may work into our business model. The problem with Digital Media vs print is, Print cost money but less time and … (4 comments)
james90210: The Millionaire Real Estate Agent - Shifting Product Lines
- 04/12/09 05:23 AM
Having been in real estate for over 20 years now and last 12 years being exclusively commercial, it is hard trying to add on new products and new marketing tactics to my business model. However, you need to read the writing of the wall, the crisis occuring is in the residential market and the government programs to rectify the situation are all being directed to the residential and new hoe buyers market. So I have 2 choices, I can sit on the sidelines and continue as business as usual, losing the new opportunities and business being created in this market or … (1 comments)
james90210: The Millionaire Real Estate Agent - Science of Success
- 04/02/09 02:29 PM
As in all things there is a right way to do something and a wrong way. Doing things the right way can lead to positive results; finding a better way to do something leads to amazing results and finding the best way to do something leads to life changing results.
We are all born with an innate sense that spurs us to find the right way to do something. At some point we all learned to walk through trial and error. Eventually our toddler brains realized that if we shifted our weight in just such a way we could walk … (4 comments)
james90210: The Millionaire Real Estate Agent - The Harder I Work the Luckier I Get
- 03/29/09 01:31 PM
The idea of luck is very seductive. Doesn't it sound great? When you have luck you can just show up and without any work or struggle or self doubt have your wishes granted. On the flip side, if your dreams don't come true you can rail against the unfair fates and simply say that luck was not on your side. But what is luck, really?
I love the quote "Luck is when opportunity meets preparation" To me this is great working model for luck. Opportunities will come and go, for all of us, but those of us who are prepared … (8 comments)
james90210: The Millionaire Real Estate Agent - The Proper Mindset
- 03/29/09 01:29 PM
There is a popular way of thinking that espouses the phrase, "Change your mind; change your life." We could debate the validity of this idea until we are old and grey and unable to speak. I don't know about you but I have other things I would rather do with my time, like create meaningful wealth in my life. But let me just offer one example of the power of the mind to create success: top athletes. These are a group of people who train consistently both physically and mentally in order to perform at their peak. Ask any top athlete … (0 comments)
james90210: Nothing to Fear But Fear Itself
- 03/29/09 01:27 PM
Fear is the single biggest reason that people don't invest in real estate. Sometimes fear is useful and warranted, sometimes it is simply debilitating. Fear can be a powerful tool if used properly. The question is how to know when it is useful and when it is just debilitating; knowledge is the key.
If you take the time to educate yourself on what your fears are you will frequently find that the fears will dissipate. Much like taking a flashlight and shining it under a fearful child's bed, knowledge acts as a beam of light to clarify what is and … (3 comments)
james90210: The Millionaire Real Estate Investor - how to get there ?
- 03/29/09 01:25 PM
If you haven't read Gary Keller's best selling book, The Millionaire Real Estate Investor, you should. In fact, my recommendation would be to read the book and use this blog as a companion piece, as I will be discussing a great many of the topic's covered in Keller's insightful tome.
Keller and I both believe in the power of real estate investments to create life altering wealth in even the most inexperienced investor's portfolio. All that is required is willingness. Please realize that neither Keller nor myself are talking about overnight, get rich quick schemes. We are talking about real … (0 comments)
james90210: The Equation of Financial Success
- 03/29/09 01:23 PM
Wouldn't it be nice to have a clear map to success, one that came with a guarantee? No matter what field you are in there is one equation that always works. Strength over time equals power. It sounds quite simple but it is none the less effective. Having a plan and consistently doing the things that are required on the plan is as close to a guarantee of success as there is.
When you consider that the Grand Canyon was created by a relatively small, but consistent flow of water it is easy to be inspired to consistency. You may … (2 comments)
james90210: The Commercial Real Estate Investment Dialogue
- 03/29/09 01:22 PM
Life is a long series of choices. Our experience of life is shaped by the numerous decisions we make. We all understand this intellectually. Is there anyone left on the planet that doesn't at least intellectually get that if you eat right and exercise regularly it will have long term repercussions in your health and general enjoyment of your life? We all understand it, but not everyone is willing to do it.
With financing and investing I find that gap is often larger, because for some reason the realities of money in today's world are not a part of our … (1 comments)
james90210: Beverly Hills - The richest city may be in financial trouble
- 11/08/08 01:39 PM
The whole ritzy look and allure of Beverly Hills, has lately been under a microscope, especially with the 2 big development projects with Hilton and Robinson's May being the center of attention. Both projects are now having their own share of set backs, one got beat in the polls by a very slim margin and the other is trying to find an alternative to its financing. But what is important is that the city has lost 2 huge revenue streams that would have given a fresh supply of oxygen to a already burdened budget. Now the Beverly Hills needs to come … (5 comments)
Mercedes-Benz of Beverly Hills Jim Falk Lexus of Beverly Hills9230 Wilshire BlvdBeverly Hills, CA 90212(310) 274-5200 Beverly Hills Porsche8423 Wilshire BlvdBeverly Hills, CA 90211(310) 557-2472 Also please lets not forget for all those BMW fanatics out there, the ever faithful and years in business dealership of BMW Beverly Hills on Wilshire and Robertson. I remember the first time I drove by and they had the new 316 models on their window. Today they are the best German made thing after Beerfest. Good luck to all in their shopping for a new car. … (0 comments)
james90210: Tourist Attractions in Beverly Hills
- 11/03/08 08:26 PM
Beverly Hills Trolley Tours The Spadena House aka The Witch's House 516 Walden DrBeverly Hills, CA 90210 (310) 271-8174 … (2 comments)
Bar on 4 at Neiman Marcus Address: 9700 Wilshire Blvd. [ map ] Cross Street: Roxbury Dr. Phone: (310) 975-4370 Hours: Mon-Fri 11am-5:30pm; Sat 11am-6:30pm; Sun 12pm-5:30pm Type: Bars, Lounges
It is after the dreaded April 15th and everyone now is going to be looking at a market with low interest rates and some astounding prices, pretty carefully. Those who have sat on the fences and have waited for the storm of the century are going to start getting restless, seeing the clouds spreading thin and the sunshine coming through.
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