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Learn how to make money in real estate. We cover news, trends, styles, markets, demographics, and technology that affect real estate investing. We also talk to market leaders and trend setters. Lastly, there's a bit of how-to information on nearly every show, with topics, Q&A from listeners, and presentations from our guests. Learn how to make and grow a fortune in your spare time or as a new career.

Mar 25, 2021

Money for a deal is not hard to get if you have the right deal. Today I’m going to show you just how easy it is.

Will Dyer and Wayne Corley, our friends from Bay Mountain Capital are going to talk about hard money, what it is, what it isn’t, how to get it, and what Bay Mountain offers. I’m also going to ask them about   the things they do to protect your interests. They will do their best to keep you from a bad deal. Great people, great products, and great service. 

Mindset Moment:

I think I can, I think I can. This is not enough. You can think all you want about positive outcomes but some things are out of your reach. That’s the cold hard reality. But the other side of this argument is there is a LOT more in your reach than you might initially believe. 

You can optimistically think you can go establish a colony on Titan or Mars, but for 99.99999% of us, this is not at all realistic. You may think you want to be a billionaire, but again, for most of us it isn’t realistic or even to be desired. Today I want you to take an honest look at yourself - your character, your personality, your intellectual ability and your resources. Now ask yourself, “what is possible with what I have?” Spend some time on this.

Then ask, “what if I could improve my character, my personality, my intellectual ability and my resources?” What would be possible then? The good news is you can -- if you decide to. Life is all about choices, but it’s not really about the big choices as much as it is the cumulative effect of hundreds of small choices. Those small choices ultimately determine your character, your personality, your resources, and even your intellectual ability. 

Here’s your thought exercise for today. If you have a choice in front of you that you normally don’t give much thought, think for 5 seconds about what if you made a different decision? Is there a smarter path? Use this method instead of merely reacting, floating through life as if you are on an unsteerable raft in a raging river. 

You are NOT helpless. You are NOT powerless. You are NOT a victim. Your circumstances are what they are but they need not control you. Get up. Get out from under them. Make small improvements in your life today. Then do it again tomorrow. 

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  • Lynne, San Francisco, CA, I joined the Buyers Club. Can you tell me the landlord friendly states. I’ve had some bad experiences trying to get non-payers out of my properties. 
  • Cyndy, Taos, NM, A group of us want to buy a house together and each have our own room and share the kitchen and common areas. We are all artists, but I’m the one person in the group who owned a home before and I’m thinking about things the others aren’t. There won’t be a loan on it. But what happens if someone leaves? How would we get our money out?
  • Samuel, Topeka, KS “Is it possible to ask you something you don’t know about real estate?”
  • Kristen, Boston, MA, My husband and I are going through a messy divorce. We have already sold our home and the money - about $400,000 is sitting in escrow waiting for the divorce to be final. The girls and I have a place to live and we are comfortable. I don’t plan to buy another home right away. If I were to end up with $200,000 where would you recommend I consider investing it in real estate? I don’t want to flip houses. I want to keep my job and routines. 
  • Caroline, Birmingham, AL “My husband and I have been married a little over 2 years and we are ready to buy a house and start a family. What are some things we should consider in our search?”

Motivational Quote:

“We spend a lot of time thinking about what we want to do in ten years. We don’t think much about what we need to do tomorrow.”

Peter Dinklage