What are you thankful for?

On this 25th day of November in 2010, Im am truly blessed and thankful for…

• For having the people in my life that I know truly care.
• For real estate making a way for people like me to make a way. Does that make sense?
  
• Having my eyes opened and given a chance to shine when my skies grey
• My laptop because I’m such a nerd its ridiculous
• Waking up to a beautiful sun rise every single morning
• Hunny Bunches of Oats. Best cereal ever!! Mom wouldn’t let me eat the sugary stuff so now Im addicted to HB double O’s.
• For the ADHD. So when someone is talking crazy and I look like Im not listening, when they call me out, blame it on the adhd.
• For playing b-ball yesterday and nearly dying of mental asthma and nearly knocking my knee into next week. Thankful that it was my knee and not my head because it was a CLOSE one… Gotta get back in shape this 2011.
• For all the salads I devour like I’m a vegetarian and Im eating right then on the way to the mall, make a stop at Burger King. Thankful that my heart doesn’t skip a beat.
• LLC’s and Corporations. Because I’m still not making any money… (some might not understand this..LOL )

Seriously though, I’m very thankful in life period for all my loving family and friends. What are you thankful for? Leave a comment or two about what you are thankful for in life.

This road to success gets extremely hard sometimes but when you can look in the mirror and smile and know you got love coming in on all sides, its enough to make you smile and say

“Thank you Lord”

Who’s in your CIRCLE of SUCCESS?

Do you ever pay attention to the people that you hand with? Do you ever feel that they may just be rubbing off on you in a strong way?

Hopefully they are but that can be a good thing and it can also be a bad thing

Yesterday (Nov 17th) was the greatest single day of my flipping houses career. The night before, my friend and mentor and I were on the Freedomsoft webinar. It was great as usual but at the end, it got even better.

At the end, they announced the winner of the H2 Hummer giveaway and guess who they said won. Yes! My buddy Chris won. The way I was jumping for joy, you would have thought I won.

Well that same night, Chris told me on the phone like “Dennis. We gotta get up early and make some moves”. We actually went to Starbucks to get some stuff done.

Its great being surround by like minded people. You should try it sometime. Well guess who was there when we showed up?

Mr Preston Ely himself. The marketing genius behind Freedomsoft and even the brains behind the whole software, Any Proper, was there too.

There we were sitting next to these guys and they didn’t know that Chris had won. Well I leaned over to Chris and I told him “Im finna boss this” (thats how they talk. Talk about mirror neurons at work)

I leaned over to Preston and asked him if a copy of Freedomsoft came with the Hummer. He silently said yes and then asked if I won. I told him that Chris won and the rest is history.

My Point of this story

I woke up as usual, but a lot earlier (thanks to Chris), prayed to God thanking him for letting me see another sun rise, did my exercises and affirmations and out the door I went; about 3 hours earlier than I usually leave.

Long story short…

Being that Im in a circle of success, I ended up with the most powerful tool for real estate investing since the introduction of MLS and I got it 100% FREE.

We both have the same mindset; We want great acheivments in life and realize that its not easy getting to the top but well worth it.

We’ve been through ups and boy have we been through some downs but when I tell you the sun shines on a dogs FOREHEAD one day. You thought I was going to say something else didn’t you? LOL

What you should know

The company you keep play a HUGE role and where you will end up in life. That saying about the apples is not just a group of words that sound good together. Their so true.

As humans, we imitate the people that are around us because of some simple things called mirror neurons.

So I have to end with this question.

Who do you want to imitate?

PAY attention to who’s in your CIRCLE OF SUCCESS because it may COST YOU more than you think.

Tagged As: bruce, Chris, circle, dennis, ely, freedomsoft, marshall, Preston, success

Would you throw away a brand new Rolex? (REI Tip)

Time is money; remember that famous quote

If you spend too much time on a property, your losing money; plain and simple.

Men & women do but numbers dont lie

Lets say it takes you an unusual 25 days to flip a home and you net $2,000 on the deal (because the smallest amount is always the hardest).

Well divide 2000 by 25 and thats how much you made a day.  Well in REI, you only should be working from 4 – 8 hours so divide by the 8 and your back to making close to minimum wage.

Mistakes in REI

Many investors (including me) are guilty of holding a property under contract too long at some point or time in their REI career. It shouldn’t take more than 15 days to flip a property that you have an as-is contract on and are planning to just asign the contract to a cash buyer.

If you got the home at a good price in a good neighborhood, then you shouldn’t have to shoot up smoke signals to get some attention flying around your property. You’ll know that something is wrong when you either call all your buyers or blast it to your list and you dont even get a reply.

Went fishing with wrong bait
%0

Tagged As: Estate, Flipping, homes, house, investing, Real, time management, wasting time rei

Bandit Sign Saved a Life

In my beginning days of real estate investing, I was doing what ever to get the word out that I would pay cash for homes.

I had one attached to a boat and ended up flipping an island because the owner foreclosed on it. Said he was never home.

Tagged As: Bandit, investor, Life, marketing, miracle, saver, sign

Bandit Sign Q&A

After seeing what people are searching for when it comes to bandit signs, I decided to try something new that I haven’t seen on ANY website since I’ve been in real estate.

This is an open call for ANYONE to ask ANY question, suggest ANY strategy, and point out ANY flaws when it comes to bandit signs.

This is still one of the most effective methods of marketing and it’s so easy to master even a caveman can do it.

ANY questions, tips or flaws you have pertaining to bandit signs, please feel free to leave them as comments. Questions, I’ll personally respond to and you’ll also get them answered by others.

Thanks

Tagged As: all about bandit signs, Bandit, how to, marketing, putting out bandit signs, sign, signs, what to write on bandit signs, writting bandit signs

Me Dancing in New Orleans

Dancing in New Orleans

Tagged As: dancing, dennis, dennisknows, festivities, jazz, katrina, marshall, music, new orleans, post, road, trip

Enough Said

Tagged As: Business, economy, flipping houses, positive, real estate, wealth

Something I liked and there wasnt a Facebook button to press

People are often unreasonable, illogical,
And self-centered;
Forgive them anyway.
If you are kind, people may accuse you
Of selfish, ulterior motives;
Be kind anyway.
If you are successful, you will win some
False friends and some true enemies;
Succeed anyway.
If you are honest and frank;
People may cheat you;
Be honest and frank anyway.
What you spend years building,
someone could destroy overnight;
Build anyway.
If you find serenity and happiness,
they may be jealous;
Be happy anyway.
The good you do today,
people will often forget tomorrow;
Do good anyway.
Give the world the best you have,
and it may never be enough;
Give the world the best you’ve got anyway.
You see, in the final analysis
it is between you and God
It was never between you and them anyway.

Posted with WordPress for BlackBerry

Tagged As: dennis, dennisknows, facebook, God, marshall, succeed, success, trust in god

What’s new with Mr. Dennis Knows?

Boy has this been a crazy month for me. If I told you some of the things I’ve faced, you would think I’m lying because there’s no way I could still be walking around with a smile on my face.

Truth is, I’ve been working on something a lot more important than real estate. I’ve been building my relationship with God and trying to get understanding. This is a never ending process.

Another thing I did was I read an ebook written by one of my mentors (not a guru by any means) and it opened my eyes.

Now while basically separating from myself (best way I can describe it) and having a outside view of what I’m doing, I’ve decided that I can help people a lot more than I am.

Here are a few new plans….

• New website coming soon that will explain different wholesaler strategies. Not a blog…. A website.. All info will stay the same and be very simple to find. May do all video.. not sure yet.
• new ebook coming soon with everything needed to successfully do a wholesale deal from start to finish. After reading this ebook, all you’ll need is the guts to do.. I’ve got the perfect strategy that kicks fear to the curve like the bad habit that it is
• running numbers is going to be the single greatest wholesale tool on the planet. Its going to run numbers telling you the ROI percentage, cap rate, taxes, rental rate and possibly more. Going to have a web version, Apps for iPhone, Android and blackberry, can’t wait.

These are tools and strategies that I’m using in real estate to kill it. I want to give people something I know and use. This way, if your not successful, its no ones fault but yourself.

Stay tuned for info on the website. The ebook is going to be called “Dennis Marshall presents: How to be a menace flipping houses while keeping it all good”… can’t wait to bring this to you.

To our success….. God bless

10 reason why New REI’s FAIL face first (with BONUS)

1. Not enough leads coming through. This is a knife to the heart of a real estate investor. If you dont have leads coming in, its going to be a tough road. If thats you, you might want to look into getting some bird dogs on your team.
   
2. Buy courses and programs like Freedom$oft but never put them to action and then fill up the search engines REI scam keywords.
   
3. Really believe that you can flip homes with absolutely NO MONEY at all. I’m talking open your wallet, nothing but lent with a debit card that has a balance of -$127.
   
4. DON’T put enough money into marketing.
   
5. Try to do too much in the beginning. Running before crawling is what I call it. Focus on whatever your trying to do and master that first.
   
6. Make the mistake of listening to family and friends about their plans for real estate ventures. Their usually gonna say what they heard on the news and that’s icky…
   
7. Actually believe REI is as easy as getting 2 contracts signed and dropping them off at a title office and pick up a check a week later. It takes a lot more than that and its usually 3 contracts.
   
8. Not hanging with the right people. If you want to learn how to play basketball, don’t hang with a bunch of soccer players. You need to immerse yourself into the business. Get connected. Go to REIA meetings and connect with other REI’s on Facebook, linkedin, twitter and other sites.
   
9. Not following up is one of the easiest ways to fail. A seasoned investor once told me to follow up on EVERY call. Following up on direct mail is also very very important.
   
10. Having a home under contract and putting all your time and effort into selling that ONE home. What if it doesn’t sell? As I’m writing this, I have one home under contracted, submitted 6 offers yesterday and I’m going to submit 10 today. Its all a numbers game. The more offers you submit on the right properties for the right price, the more money you make.

***BONUS***
So many people try real estate investing and give up after having a deal or 2 fall through. Had they gone a little further or pushed a little more, they might have gotten that one deal that sends them to the top.

Dont be that person that is almost to the top of the hill and gets sick of climbing.  Just know that anything worth having, your gonna have to fight for it so if you want total financial freedom, no boss and steroids for your confidence, I suggest you get in REI NOW!!

Tagged As: flipping home, freedom, marketing, real estate investing, ways to fail

Make $100k a year going after absentee owners (PT.1)

Listen; before you read any further go grab a pen and pad of paper, because this is going to be one of the most valuable articles you’ve ever read. You’re going to learn how to dominate your local niche of absentee owners and easily make six figures a year from this group.

Now, I’m sure that you know there are several niches you can target such as absentee owners, free and clear, bankruptcy and probates. Here’s why the most profitable niche to target is absentee owners:

1. There are many statistics which show the average landlord lasts only 3-5 years. This means that there’s always going to be a huge number of landlords wanting to sell their property (this large turnover means money in your pocket).
2. Most landlords are amateurs and have no idea what they’re doing. They buy their first rental property as dollar signs dance through their head. They quickly realize they needed to treat the rental as a real business. Perhaps they didn’t screen tenants very well, or perhaps they’ve had a vacant property for months. Whatever the reason, the rental property quickly turns into a nightmare and they want to quickly off load it to someone like you.
3. Since landlords don’t live in the property they have very little emotional attachment to it. They didn’t raise their children there and spend the last 25 years in the house. Because they’re not emotionally involved it’s much easier to do business with them.
4. As we know, during the boom several years ago, 25% of home purchases were second houses. Right now, there are hundreds of thousands of landlords who you could be assisting.

So, you’re probably wondering how to locate and market to these landlords so you can start making money off of them? Well, my favorite way to target landlords is through direct mail (letters and postcards).

Tagged As: absentee owners, be your own boss, cash, dennis, dennisknows, financial freedom, free, knows, make 6 figures, quit job, real estate

Tips for new real estate investors

Starting out in real estate can be very difficult for beginners. There are a lot of unknowns and comfort barriers that must be overcome not to mention the time it takes. Here are 10 tips to jump start your real estate investing career.

1. Learn – Read every book, article and forum you can. Some boot camps, seminars, webinars, etc are very informative but can be costly. Also become active in online forums.

2. Join REI Clubs and Groups – Join your local REI Club, networking groups and online groups. Network like crazy and make contacts with experienced people who Do.

3. Find a Mentor – Always always always have a mentor and other experts in the area look over your deals. They will help you avoid mistakes and if you found a home run deal, you will build a lot of credibility.

4. Pick a strategy to master - Pick one strategy and master it, do not spread yourself too thin on 5-10 different strategies and never put in the effort it takes to find the first great deal using one strategy.

5. Partner – It is never a bad idea to partner with an expert who has experience. You can avoid costly mistakes and learn a ton which you can utilize in future deals.

6. Build Systems and a Team – Find quality experts, align your goals, build efficient and effective systems and duplicate over and over.

7. Slow Down – Greed often gets the best of people and they go too fast and get in over their head. Pace yourself and do not take unnecessary risks.

8. Build reserves – Always keep some reserves on hand for each deal in case of surprises.

9. Generate Private Money Investors – Buying with cash and quick has so many advantages, Private investors allow you to be extremely creative and fund great deals that conventional financing will not allow.

10. Analyze -Critique-Improve - Look at what you know, your strategy, partners, systems, team, financing and reserves. Analyze, critique and come up with solutions to improve every aspect of your business. Continuous Improvement.

by: http://www.realreturnrealestate.com

Tagged As: dennisknows, dennisknows.com, find cash buyers in tampa, learn to flip houses, starting my own business, Tampa bay homes, tip for new real estate investors

Did you really think getting paid to tweet was a fluke? So did I…

I’m willing to bet that if I told a lot of people that I get paid to tweet, they’d hit me with a “yea right. In what universe.”  It’s crazy though how much more of a welcome responce you get when you tell them that your a part of the same tweeting service as Britney Spears, Ray J and the two internet heavy hitters, Soulja Boy and Kim Kardashian.

To get #Paid2Tweet go to http://spn.tw/r3h7T

Well I am and I’m hear to share it with you and everybody. Now getting paid to tweet has been around for a while but many closed minded people have roped it off as being only for celebrities and those in high up positions. NO!!! There are everyday people like you and me getting paid hundreds of dollars to tweet messages. When I saw that people with merely 30,000 people were making in the hundreds, I knew it was time to step my twitter game up because being that I”m building a strong internet presence, I’ll be known as an “web celeb”. Yea they give you a little taste of stardom but that’ll do.

Well I advise you to jump on the train now before everybody gets wind of this and the pay per tweet prices come way down for beginners. Check out the video I just did on getting paid to tweet. Sign up. It’s 100% free with NO obligations except to make some money. Now lets get to tweeting. Here’s the link again ==> http://spn.tw/r3h7T

Hey add my Twitter fan page too. I’m trying to put a stop to Tweeting for free… http://tiny.cc/bhm1w

http://spn.tw/r3h7T

Tagged As: dennisknows, find leads, kim kardashian twitter, money tweeting, paid tweet, soulja boy tweet, twitter, twitter real estate

My $8,000 mistake and how you need to avoid it | What not to do in REI

I have a lot of important content and info to give to you but I’m going to keep this as short as I possibly can but my intentions are to show you what not to do in real estate investing.

When you start flipping houses, the one thing you think about day and night is closing your first deal. That can be both good and bad. Now why is trying to get that 1st one under your belt bad you say? Because you can want it so bad that you do the absolute worst things that every one (my mentor) tells you not to do.

What a sweet deal
I had a pretty sweet deal. A monstrous 3/2 block worth about 90k. Was trying to sell it for 28k. Had it under contract for 20k.

What not to do #1:
I didn’t do enough digging for cash buyers. I only put out bandit signs. If I would have used the Drew Downs method, I probably would have found a cash buyer the first week. It was a total rehab but I knew deep down that someone was out there for this property.

What not to do #2:
Didn’t stay in contact enough with the seller.  After a while of not finding a buyer for what I thought was the hottest property in Tampa, I sorta panicked. We were still in contact and everything was good at this point though.

After doing everything I could think of at the time, I resorted to calling every bandit sign I came across. I ended up hooking up with a realtor/agent/crook that basically told me he could definitely find a buyer for the property and would market it.

This brings me to mistake #3
Never ever tell anyone your thinking of working with that your new at wholesaling. Unless you know them personally. I guess his deceit radar overloaded and he jumped on the opportunity to swindle a noob out of a deal.

He immediately told me I should never tell anyone that and I could trust him. Lie #1.

What not to do #4
I trusted him. He told me he had a buyer and that I didn’t have to market the property anymore. So I didn’t. As my mentor said “you never ever stop marketing a property until you have a contract and deposit in hand.”

What not to do #5
After you get a property under contract, you market it and then look for another one, and another one. You should constantly be looking for properties to put under contract whether REO’s or private sellers. I looked for more properties to flip but I didn’t have the money to market for cash buyers like I wanted to and most of my buyers were tire kickers.

Well my contract was about to be up with dude and that’s when I get THE CALL. Cleveland has THE SHOT (Michael Jordan) and I have THE CALL.
At the time I was reading “Secrets of Master Negotiating” and I was a chapter away from the line that was about to be used on me.

“I got some good news and I got some bad news”

His buyer “backed out” was the bad news (lie) but he would go ahead and close on the deal himself and “rehab it” and rent it out.

Secrets of Master Negotiating teaches you how to leave the negotiating table with everyone feeling like they won.

The buyer walked but he would still buy the property. So I would still get paid but he wasn’t paying 22k like his buyer was. He would not do a penny over 21k. His words not mines.

What not to do #6
Has to be the biggest mistake I made. I completely lost control of MY deal. I trusted him to the point where I let him close with his title company, I gave him all the paperwork and I even gave him the phone number for the seller.
See I looked at this dude like a mentor so I let my guard down and I went from wholesaler to just seller.

See I needed to

• - get rid of an unwanted property
• - needed cash
• - couldn’t find buyer (50% his fault)
• - extremely motivated

Well after he basically told me that all I would get was a grand and I was cool with it because I felt like he was helping me by taking the property off my hands.  He was helping me out right? Heck No.

He did have a buyer but he just wanted to cut me out of the deal as a partner. I didn’t even want half. Since he kinda saved the deal by letting the seller know we were working together, I was cool with just 2k instead 4k.
It gets worse but let me tell you about my mistakes first so you’ll know what NOT to do.

Being that I didn’t keep contact with the seller, I made mistake #7 which is not stay in contact with the seller to see exactly what this dude was saying behind my back and also keep the seller calm cool and motivated to sell.

He could have been telling him that I was a crook out to steal his house or something. Who knows

On top of that, I made mistake #8 when didn’t go to closing. So many big investors say never go to closing but some say you need to in the beginning to learn what goes on. I think if I would have went to closing, it would have shines a lot of light on the situation.

I should have been there with a flash light and a whistle…….. To investigate.

So let’s recap

1. Didn’t look for buyers like I should have
2. Didn’t stay in contact enough with seller
3. Let my guard down and told him I was new at wholesaling
4. trusted him 100%. (Read 48 laws of power)
5. didn’t shop around for more deals efficiently
6. lost control over my deal
7. lost some repour with seller
8. didn’t go to closing

After the smoke settles….
I pocketed 1 grand and what I thought would turn out to be a good quality friend/mentor relationship while he pocketed at least $7,000 after selling it for 28k. I knew a cash buyer was out there somewhere but I just didn’t do enough digging. I didn’t exhaust every option.

Negotiation Tactics
Don’t let ANYBODY tell your not knowledgeable. They can suggest something to you.That’s ok.

When I told him that I knew I had a great deal because it was worth 88k and we were only trying to get 28K, he hits me with the “I don’t mean any disrespect, but who are you to tell me about property values.”

I felt like I was kinda over stepping these non existent boundaries so I refrained from saying anything else like that. Didn’t want to make “my mentor” mad, right?

The good news, bad news is one of the oldest tricks in the book and I was 1 chapter away from learning about it.

Use it. Don’t have it used on you.

I was in a situation where I wanted to learn, wanted a mentor, needed the money and I was scared of losing the deal which brings me to my next point.

Just walk away
You can’t be scared to walk away from a deal. If YOUR deal is not going the way YOU want it to go, walk away from it.

Seller not cooperating, walk away. Your doing a service to them by bringing cash for their un-saleable home.

Without YOU, they wouldn’t get any money. Keep that in your head.

That’s where he got me telling me that he wasn’t making anything on this deal and he was just doing it to help me out of a jam.

If I didn’t want to cooperate, he’d walk and basically our friend/mentor relationship would be obsolete. He wasn’t afraid to walk but was he bluffing? What do you think?

Why did I trust him so darn much?
I feel that this is absolutely a race thing. As african americans, we don’t stick together. Most of us don’t look to help one another out but rather take advantage. I didn’t tell you everything he said. When he told me not to tell anyone I was new at wholesaling, he added

“Anybody else would try to swindle you out of a deal but see I got your back because were the same kind. We as a people have to stick together”

After hearing that, all my guard was let down. Don’t get me wrong; I love working with any and every race but knowing in the back of my mind that many of us African Americans don’t work together, I saw this as a perfect opportunity for change. For growth as a people; not just the two of us.

Guess we still have a ways to go.

Here’s the funny (deceitful) part
This is what, if you knew the guy, might make you look at him in a different light. Right before the closing date, he gives me a call saying some more liens and stuff came up on the property and that he had to put his neck on the line but after all this the seller would walk away with $97.

Now I knew the seller. I knew he wouldn’t go for this. He would say to hell with the whole deal.

Well the actual reason for this was that he was trying to tell me that it was a skinny deal and that the most he would pay was 21k and this didn’t include closing costs. “I never pay closing costs” he brags and boasts.

Well as wholesalers, we assign contracts and I assigned all the rights of my contract to him in which buyer, not seller, pays all closing costs.

He said he must have missed that but I knew it was total hog wash. Not the agent who closes multiple deals making mistakes like not reading a one page contract.

All seasoned investors read contracts and so should you.

He told me that closing cost may have to come out of my money and to save the deal I would have to walk away with only $200 or $300. After telling my original mentor this, he told me to tell this dude no. No way.

Now comes the part where he tries to make me seem unprofessional for holding a deal up because I was trying to be selfish. He supposedly had all his money tied up in other projects so he couldn’t pay a penny over 21k.

Your not going to believe this
Next morning, he gave me a call saying he had made a mistake and read the H.U.D. wrong. He actually was paying closing costs and the buyer was still only walking away with about a hundred bucks. Sounds like crap to me. This was to make me rethink it even though he was paying everything. Trying to convince me that the deal might not go through.

After it was all said and done, the deal close and I picked up my check. I was happy and still am but I feel like that deal was stolen from me.

Hopefully you’ll take heed to my words and remember what not to do when your trying to network with other wholesalers. Well on to the next one. Hears a quote you may want to keep in the back of you mind

We’re all born brave, trusting, and greedy, and most of us remain greedy.  ~Mignon McLaughlin

Tagged As: flipping homes, network with wholesalers, partner on deal, real estate investing, what not to do

Following Robert Kiyosaki

Following Robert Kiyosaki

Getting into the top of the financial ladder is just inconceivable to most people. While most people feel that working hard will get them to places where they are truly satisfied, all of them will probably think that just it is not enough. Then, we have a significant few who take finances in a different light and continue to work smart. Knowing that money can work for them represents a changing shift and lifestyle that all should consider following.

This is the story or Robert Kiyosaki’s Rich Dad, Poor Dad. Now a financial bestseller and motivational classic, Robert Kiyosaki communicates a crucial point in finding financial success, which is, make money work for you. Robert Kiyosaki’s motivational books sold over 26 million copies with a multitude of his motivational materials still in print. Even today, he is one of the most influential self-help speakers.

Robert Kiyosaki leads a mindset shift, manifested by a trend so successful today. In his discussion of haves and have-nots, Robert Kiyosaki describes two similar “Dads” with the same talent, skills, and education. However, one dad is rich, while the other dad is poor. He stresses that the line between a Rich Dad and a Poor Dad is drawn by critical differences in perspectives.

The poor father “works hard for money.” Meanwhile the rich father “makes money work for him.” This saying almost poses a cliché, yet Robert Kiyosaki helped us grasped this ideas in an organized manner where all success-driven people can identify with. The idea of the Rich Dad revolves around education, empowerment, and the basic knowledge of how money works. Robert Kiyosaki suggests different financial strategies and key information on investments, high finance, and accounting.

However, Robert Kiyosaki also knows that knowledge and a perception shift is not enough. The Rich Dad should apply their new mindset and turn into reality. This involves a lot of courage, self-belief, and following your gut. The combination of a successful mindset and the will to act led to the most critical philosophies of Robert Kiyosaki’s message.

Cashflow 101

Robert Kiyosaki’s success is seen in his financial game named Cashflow 101. Following his critical financial outlook, Robert Kiyosaki allows you to be an active player in the game of financial investing. This educational board game presents everyday situations and allows you to develop the chance to make a high-risk investment in a game. The realistic tone of Cashflow 101 allows the player to observe the dynamics of investing in ways that he might not have seen before. In this way, players are prepared to tackle grounded and gut-wrenching investing game in the real world. As a player, you are able to learn the intricacies of the investment game and observe the different pitfalls and keys to success in investment, accounting, and high finance. Thus, Robert Kiyosaki’s Cashflow 101 teaches us to learn from our mistakes in a risk-free way.

Robert Kiyosaki’s Cashflow 101 represents the basic principles of 21st Century Education. With the power to make investments, players buy into the millionaire’s mindset and look the mind of self-made millionaires. Cashflow 101 is a board game to help mold a new way of looking in the world while sending a message that you can live the life of a Rich Dad and that it is possible to achieve financial freedom.

Cashflow 101 is a soft tool in helping you achieve financial freedom. The value of 21st Century Education believes that developing a mindset takes time. Yet with constant spinning of one’s imagination, and some rounds with this game, creating a successful vision and the having right mindset to achieve your vision is just on everyone’s fingertips.

More Robert Kiyosaki Articles

Tagged As: Following, Kiyosaki, Robert

Wanna flip houses? You must have these qualities

Work ethic

Its a must that you have this in this business or you will be left behind. You could miss out on deals or lose out on a chance to work with a super cool investor.

Getting up in the morning is just the beginning. No more sleeping til 12pm. I find myself staying up late and still will not sleep past 10am.

I know you may look at this business as being an easy way out of the rat race because I did. It’s not easy though until you really get in and get your feet wet. Do some deals, meet some people, make some people mad and some happy

The one thing you must realize is that everything is now on your shoulders. You dont have a boss to run to and say your check was short. If your check is short, look in the mirror

People Skills

Either this is the most important skill or I saw Elvis at my local Wal-Mart. Your not going to sell anything if you have the personality of a wall.

This is so important because your going to meet so many new people that its ridiculous. New sellers, new buyers, wanna be buyers, tire kickers, random people at Starbucks who wonder what why you look busy but dont have a regular job. Really it depends on how you like to work. At home or out and about.

One thing I’m learning is that your always looking to build rapport with who ever you talk to. Hopefully your likable and people just cling to your every word but if not then dont sweat it. Just do your best until you get to where you can hire someone who’s great at phone calls and talking to people.

Drive

Im not talking about getting in your car and taking a trip. Im talking about getting up and getting at it on those days when you just feel like laying in the bed wrapped up in the covers.

You have to keep going after leads no matter how many are D.O.A. You have to follow up with because just one follow up may lead to a big deal. You absolutely positively have to keep marketing. It’s a must. You just have to keep going. Just because you didnt flip this house, you may flip the next house.

Like I said, it’s all on you now. You will be praised for your success and looked down on for your failures; just as long as you dont look down on yourself.

After you get a home under contract, dont slack off thinking everything is strawberries and whip cream with a cherry on top. If that deal falls through, your back to square one so you need to have the drive to keep going. On to the next one is the attitude needed.

Get off your “BUTT” and get something done is what that voice inside of you needs to be saying if you want to be successful at real estate investing.

Tagged As: Estate, Flip, Flipping, homes, house, Houses, investor, qualities, Real, successful

It’s breast cancer awareness month

On the Road to Success and business, we tend to forget somethings whether good or bad. Well the month of October is Breast Cancer awareness month, so let’s not forget the women who lost their lives to breast cancer. To the ones with breast cancer, stay strong and believe. I watched my auntie suffer and eventually die from breast cancer and thinking back on those days, I believe that a part of making it through that sickness is mental. Stay strong and trust in God. To the women that don’t have it, let your friends and family who have suffered from this horrendous illness be a wake up call for you to go for your regular check ups because the first step is detection.

DennisKnows.com supports Breast Cancer Awareness month

Tagged As: awareness, breast, cancer, health, month, october, womens

Bandit Sign Magic…. Ring ring ring!!

Over the past couple months, I can say I’ve learned quite a bit about bandit signs. I wouldn’t say I’m an expert on bandit signs but I know enough to pass on some knowledge on so here go.

Here’s a method I’ve been using for about 2 months and I’ve seen a huge increase in amount of calls received. Even as I’m typing this, I’m getting phone call after phone call from bandit signs I put in another city and some in my own; and I only put out a total of 10 signs.

I didn’t flood the city. I just put them in great quality areas. I’ll do another video about that soon; But It works wonders and I dare you to be different and try it.

Tagged As: Bandit, Estate, investing, marketing, motivated seller, Real, sign, writing

Blogging For Cash. Money Making Techniques Through Your Blog.

Weblogs or blogs have become so popular. They’ve become the source of not only to express views but also to earn money on line. In the world of blogging for profits, blog content and blog traffic are the two reigning kings. If you put good content on your blog and get people visiting it you’ll make money, guaranteed.

So when you go about making your blog, you should first think about what your going to sale and what content you should put on your blog to entice people who might be interested in it to pay your blog a visit. Without traffic you won’t make any money so it’s very important that you have good content on your blog to bring people to it.

After you’ve decided on the content of your blog, the next step is to start making blog post to fill your blog up with quality content. Once a day, you should make a new post to your blog. And every time you submit a new blog post to your blog, submit that article to article directories with a link back to your blog.

When it comes to producing good quality blogs this is where WordPress shines. Yes there are various different types of blogging platforms available for you to use, but WordPress is the easiest of them all to use and understand. Although, it must be said that Blogger follows a very close second behind it. But the author of WordPress Goldmine as the name recommended has used the one that is rated first of all blogging platforms.

When it comes to setting up a blog using WordPress you will find that whole process very simple and easy to complete. But first you must register with the site and once this is done then you can start building your first ever blog with them. In fact building the blogs will cost you nothing and will only take a few minutes for you to complete and then all you need to do is start adding more information to it once it is up and running.

Tips to Create Money through your Blog

1. You need to decide on what niche topic your blog empire should go for. It has to be a more general subject where you can use sub categories for your blogs. And of course, it has to be a hot niche topic that everybody is interested in. Go to ClickBank for this kind of information. And by the way, Internet Marketing is always a profitable main category to go for.

2. Start with about 5 blogs at Blogspost and WordPress. Search engines love this ones.

3. Post some great, useful information about your topics on your blogs at least every second day. This is important for the search engines to be able to notice your blogs. Google for ideas by typing in keywords related to your topics and use the results for your articles.

4. Place affiliate links into each of your posts and at the end of your articles. These links should be related to your blog theme. Also place links at the side of your blogs. Go to ClickBank and find yourself some great affiliate programs that relate to your topics and sign up as an affiliate. It’s easy. Just go by the step-by-step instructions.

These affiliate links will enable you to blog your way to riches.

Tips for Getting Internet Traffic to Your Blog

Free RSS Feed

Rich Site Summary also known as Really Simple Syndication is the process of delivering constantly updated content to your

blog by pacing a block of code (known as a feed) on your webpages. In our fast paced information age, RSS fits absolutely. It allows your visitors to stay up to date on any new information you’ve added to your blog without necessarily having to visit every page on your blog. Instead they view a window that list the headlines followed by a quick summary of what each article is about.

Having a free RSS feed accomplishes two things besides getting more site traffic. First since the content is updated frequently it keeps the search engines coming back to your site and crawling for the new information. Second it can increase your visibility among your blog visitors. This is important because while they may not visit your blog everyday, providing a feed to your subscribers is a good way to for them to stay in touch.

Network

A blog network is a compilation of blogs under a sole domain or company name. Some web visitors take comfort in clicking a link that takes them to different bloggers who cover the same topic. This is also an excellent way to get free advertisement and free web traffic to your site since people who visit the network will invariably be exposed to your blog.

Email Marketing List

In a recent survey, 100% of online users say they communicate using email. This is a good way to send messages to your opt in email list with links going back to your blog web site. Let them know you’ve posted a new article or video on your blog. Use snippets or summaries to entice people to click on the link and get further information. The more times people on your list see your blog the more they will get to know you and give a second look to some products or services you maybe offering. If you can drive good amount of traffic to your blog, you’re a good blogger and you can make money out of it. Besides that, if advertisers find your blog right for their marketing campaign, they will immediately contact you and request to advertise on your blogs. That way you’ll be earning regular amount of money.

It’s not that difficult. Just make use of the resources you can find on the Internet and you can begin your business blogging career the soonest.

Tagged As: cash, dennis, dennisknows, free, knows, make cash online, make money with blog, money, starting a blog, work at home

Have you heard Florida is up for sale…. Literally

Governor-elect Rick Scott reportedly spent over $60 million of his own money to win a job that pays $165k/year.  He could have bought over 600 REOs for 100k each all-cash, easily yielding over $6 mil/year of cash flow, but Rick apparently knew where he’d get a bigger bang for his buck.   Makes us proud to know that Florida has the best state government that money can buy…………

HATS OFF TO BIG BEN.

Let’s hear it for Fed Chairman Ben Bernanke, for dumping the dollar on the global market.  After China built a roaring economy based on an artificially low exchange rate for its currency, Ben’s giving them a dose of their own medicine—just as their inflation is spiraling out of control, and Ireland has run out of cabbage.

At first, we thought this guy was mentally challenged, but the more we see, the more we think he’s dumb like a fox.  First, the GM bailout worked.

Now a cheap dollar should increase exports, decrease imports and thereby increase jobs in American factories, while bringing US currency back home to Big Ben’s vault.  And it makes real estate that much cheaper for the foreign investor to buy in Florida, where nearly 1 in 4 homes are still over 30 days delinquent on mortgage payments—or already in foreclosure.  Don’t be surprised if your next landlord speaks Mandarin.

Time to look for foreign investors to partner up with, on a 2-5 year play.  The dollar always rebounds when there’s a crisis elsewhere in the world, and when it does, the foreign investor has a nice double-play on both the real estate and the currency exchange.

Meanwhile, Ben, if you want to bring dollars back home, stabilize the housing market , and get the US banks out of the foreclosure fantango, think about selling big bundles of these non-performing mortgages to the international market.  Oh, wait a second, Wall Street already tried that, didn’t they…………..

TURKEY OF THE YEAR.

In the great tradition of John Madden, it’s time for us to pick the biggest Turkey of the Year in the real estate industry.  This year, our “Gilt-Edge Gobbler” award, aka the “Fee Simpleton Absolute”, was a real challenge, as there were so many worthy contenders.  Due to our inability to find one recipient more sponge-worthy than the others, we’ve declared a tie between the following:  Bank of America (Larry), Citicorp (Moe), Wells Fargo (Curly), and Chase (Shemp).

After making billions while cornering the national mortgage market, totally screwing up the US real estate markets and economy, they now look to the Federal government to bail them out (again) from the monumental class-action fraud litigation brewing against them, both from the foreclosed property owners and from the mortgage backed bondholders.  Doubt the Feds will bail them out this time.

GM set the model for success, and our award winners will most likely find a pre-packaged Chapter 11 in their crystal balls.  So enjoy the award boys, and prepare to get carved up.  You deserve it…………..

In Florida and elsewhere, we’re seeing increasing evidence of a growing “spread” between the “sold” prices of regular listings vs short-sale/REO listings.

Simply put, end-buyers today are sick and tired of the delays, uncertainty and fix-up costs inherent in short sales, and won’t risk the unknown consequences of a botched foreclosure on an REO.  So the entire market for “distressed properties” is increasingly left to investors and rehabbers.

We’re also seeing an increasing number of bank REOs being targeted for Year-End Clearance sales.  In our opinion, now’s the time for the investor to buy.

The end-buyer market is typically slow to non-existent between Thanksgiving and New Years, while the banks are compelled to “get em off the books” and move them out.  The end-buyer will be back in early 2011, and there’s a growing pent-up demand, but the house has to be in top-notch move-in-ready condition, listed at an attractive price, and ready to close as soon as an FHA mortgage can be finalized.

Time for bottom-feeder investors to get out the checkbook and get in the game……

Written by John Howell

Tagged As: buyer market, cash sales florida, dennis knows, dennis marshall, end buyer, tampa real estate market