herbert j strather: Know What Really Matters and Find Your Passion
- 01/09/11 11:05 PM
What are the things that really matters to you at work? How do you define success at work? Majority of the working people confess to experience a disconnection between having a job and doing what they are really passionate about. Many of these people are experiencing irregular sleeping habits, stress, and left for years wondering what really matters in their life. Since work is not just an eight-hour interruption of the day and you spend most of waking hours on it, it is important to start finding your passion and incorporate it in your job. Whether you like it or not, … (2 comments)
herbert j strather: Finding Your Passion and Making Money in the Process
- 01/02/11 10:43 PM
Do you know that you can actually earn from the results of your hard work in finding your passion? And that's not the only goal that you'll likely get in the process. If you feel like you are stuck in your current job, you have to rethink your life and where you are taking it. You are the driver of your own vehicle and you decide where you will go in life. But you're only human so you must be open for mistakes and other challenges that life may bring along your journey. Living to earn is very different from earning … (0 comments)
herbert j strather: How to Find Commercial Properties Using a List Broker
- 12/27/10 01:45 AM
When you are looking for commercial real estate such as apartments, office buildings, and industrial properties another great way to find them is to use the service of what is called a “List Broker”. List brokers are companies that compile lists of property types in different cities, and states all over the US. Each list broker has different requirements, so make sure you have your target market defined before you call them. I would try staying with on commercial property type like multi-family in your home town first to see if the information from the list broker is accurate. List brokers … (1 comments)
herbert j strather: Control Millions in Commercial Real Estate with....
- 12/16/10 02:14 AM
Hey, Herb here, Tonight at 6 PM EST I'll be speaking at Wayne County Community College in the Cooper Room. Tonight's topic is Options, and I'm going to show you how I and my students have made a lot of money by using this little know real estate tool. You can control millions of dollars in commercial real estate, such as a 20 unit apartment building with an option that you paid only $10 for. That's right - $10! To Recap: Date: December 16th. 2010 Time: 6 PM Eastern Place: Wayne County Community College Eastern Campus – in the Cooper Room … (0 comments)
herbert j strather: The Mentor
- 12/15/10 02:17 AM
True wisdom from others who’ve been around for a while or have experience in the area that you are now involved in, can be a marvelous and helpful thing, particularly if you’re able to learn from others’ mistakes. Learning just one helpful hint or technique could save you hours or years of wasted time. All of us make mistakes, and you will too, but it’s certainly less expensive if you can learn from someone else’s mistakes rather than your own. If you are fortunate enough to be able to find a good mentor who will share information with you openly and … (1 comments)
herbert j strather: The Importance of A Good Laugh...
- 12/13/10 12:49 AM
I thought today that seeing that we in Michigan are snowed in, a lot of schools are off and that makes for a stressful day with the kids being home, I thought a little laughter is needed. For those not in Michigan you can enjoy as well. I want to share this 3 minute video with you about Pop Tarts. Brian Regan is a funny guy. Enjoy … (2 comments)
herbert j strather: 17 Great Sources For Finding Commercial Deals
- 11/29/10 02:25 AM
As they say, find it and they will come! Well for most people that is the hardest part of Real Estate Investing, is finding the deals. What I'd like to do here is to give you 17 great sources of leads so that you can find your deal of a "life time". These are not all inclusive but these are some of the best. 1. Commercial Brokers 2. FSBO & FOR LEASE Signs 3. Blitzing 4. Architects 5. Attorney’s 6. CPA’s 7. Foreclosures 8. Referrals 9. Distressed and Vacant Properties 10. Auction Houses 11. Banks & Credit Unions 12. Professional Associations … (0 comments)
herbert j strather: Herb Strather or Robert T. Kiyosaki – You Choose
- 11/17/10 12:28 AM
Watch the video below that was filmed at a recent live event that Herb gave at the Embassy Suites in Southfield Michigan. Herb describes the difference between his 8-week mentoring course and Robert Kiyosaki’s courses. … (0 comments)
herbert j strather: Tips on How to Use Direct Mail Effectively To Find Motivated Sellers
- 11/08/10 03:23 AM
Direct Mail is the best technique to use when trying to generate leads and find motivated sellers. Yet, most commercial property investors overlook this strategy. Here are some tips on how to use direct mail in your real estate investing business. Direct mail marketing merely involves mailing letters to the owners of commercial properties in your target area and asking them if they would like to sell their commercial property. The great thing about this technique is that you can utilize it in any city; you don't have to use it just where you live. Let’s say that you go on … (0 comments)
herbert j strather: The most important 20 seconds of your Real Estate career
- 11/05/10 05:02 AM
When you are trying to pitch potential private investors on an opportunity (deal), you have 20 seconds to catch their attention. In that 20 seconds, you need to address the investors’ “What’s in it for me” mentality. You need to address their main concern: "How are you going to get my money back to me" You need an “elevator speech” and a plan. Here’s an example: I have the perfect deal for someone with $75,000 in thier self-directed IRA looking to earn 15% APR over the next 6 months secured by real estate. You can earn 15% APR on a sustained … (2 comments)
herbert j strather: Top 5 Reasons Why You Should Buy Multifamily Properties
- 11/03/10 12:34 AM
When you sit down and examine the advantage of owning multifamily properties, you will be amazed at the multitude of benefits. While other types of commercial properties offer some attractive incentives, owning and investing in multifamily properties brings many great things to the table. Let's take a look at just a few: 1. You can buy with NONE of your own cash. This one is my favorite! You will find that apartments are easier to get financing on and that the MORE you borrow the LESS they look at the borrower’s credit. In some instances, they don’t even look at the … (3 comments)
herbert j strather: Why Look At Off-Market Deals?
- 11/01/10 03:29 AM
The commercial real estate market is currently the most competitive that it has been in a long time. To work effectively and give yourself the best opportunity to succeed, you must find unlisted, off-market deals or pocket listings, in addition to looking through listed commercial opportunities. In this article I will give you some tips on how to find those "off market" opportunities we all are looking for. To give you an example of one of my students, he has done twenty deals worth roughly $16 million over the last three years. Now, only three of the twenty deals were listed … (1 comments)
herbert j strather: Make your Fortune in Real Estate Investing in Creative ways
- 10/25/10 04:29 AM
I've always believed in learning from the best. In my real estate career that started with me being broke and ending up with millions in the bank and several thousand square feet of real estate. I have made mistakes, and learned from them, but I also made sure that I learned from those who were ahead of me and were successful. As you'd expect I get asked for a lot of advice and many questions about the best way to succeed in real estate and in many cases I point to those who attend my class, which is designed to help … (1 comments)
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