Here are the best business books as reported by agents throughout North America. These books are not listed in any particular order:
Rich Dad, Poor Dad By Robert Kiyosaki
Goals By Brian Tracy
Secrets of the Millionaire Mind by Harv T. Eker
Think Like A Billionaire" By Donald Trump
Rich Dad's Guide to Investing by Robert Kiyosaki
The Millionaire Real Estate Agent By Gary Keller
Swim With The Sharks Without Being Eaten Alive By Harvey MacKay
The Seven Habits Of Highly Effective People By Steven Covey
Who Moved My Cheese By Ken Blanchard
"The Richest Man Who Ever Lived," by Steven K Scott, Scott reveals Solomon's key for "winning" every race, explains how to resolve conflicts and turn enemies into allies, and discloses the five qualities essential to becoming a valued and admired person at work and in your personal life. Scott illustrates each of Solomon's insights and strategies with anecdotes about his personal successes and failures, as well as those of such extraordinary people as Benjamin Franklin, Thomas Edison, Oprah Winfrey and Steven Spielberg
The Wealthy Barber By David Chilton
The Secret By Rhonda Byrne
Winning Through Intimidation By Robert Ringer
Million Dollar Habits By Robert Ringer
Looking Out For Number 1 By Robert Ringer
The Tipping Point By Malcolm Gladwell
Are You Dumb Enough To Be Rich? By G. William Barnett
The Principles And Power Of Vision By Dr. Myles Munroe
The Richest Man in Babylon by George S. Clayson
E-Myth Revisited By Michael Gerber
The E-Myth By Michael Gerber
Gorilla Marketing By Jay Conrad Levinson
The Ultimate Sales Machine By Chet Holmes
The Magic Of Thinking Big By David Schwartz
How To Become A Power Agent In Real Estate, By Darryl Davis
Double Your Income In Real Estate By Danielle Kennedy
Ready Fire Aim By Michael Masterson
Info Marketing By Dan Kennedy
The Power Of Positive Thinking By Norman Vincent Peale
How To Get Rich By Felix Dennis
The Power To Be Free By Frank Moore
Good To Great By Jim Collins
Who Moved My Cheese By Spencer Johnson
As A Man Thinketh By James Allen
Think And Grow Rich By Napoleon Hill
The Answer By John Assaraf and Murray Smith
Man's Search For Meaning By Viktor E. Frankl
Over The Top By Ziz Ziglar
Choose To Be Rich By Robert Kiyosaki
The Bible !!!
The 4- Hour WorkWeek By Timothy Ferriss
How I Raised Myself From Failure to Success in Selling" by Frank Bettger
Principals Of Thermodynamics By Jan Hendrick Van Den Berg, J. H. Van Den Berg, Bernd Jager, and David Jager
The Billion Dollar Agent
The Kaizen Way By Robert Maurer, Ph.D
Hug Your Customers By Jack Mitchell
Raving Fans By Blanchard And Bowles
The Success Principles By Jack Canfield
Get Unstuck And Get Going By Michael Bungay Stanier
Anything By Zig Ziglar & Jim Rohn
The Power Of Focus By Canfield, Hansen And Hewitt
Purple Cow By Seth Godin
Anything by Peter Drucker. I've read them all.
The Effective Executive By Peter F. Drucker
Scientific Advertising By Claude C. Hopkins
Daytimers has the best organizer for real estate agents. It helps with keeping up with all clients whether their buyers or sellers.
Total Money Makeover By Dave Ramsey
The Millionaire Mind By Thomas J. Stanley
How To Master The Art Of Selling ByTom Hopkins
Blueprint To A Billion By David G. Thomson
The "By Referral Only" website with Brian Buffini
No B.S Time Management by Dan Kennedy
Wednesday, September 17, 2008
Read Read Read
The Top 5 Business Building Books for Real Estate Agents
Today I'm revealing the top 5 business building books obtained from my recent survey to real estate agents.
Complete List of Recommended Books
We went through the entire list and counted the number of times a book was recommended. The following books had the most recommendations by agents completing the survey. I've listed the top 5 books for you in the order of their ranking:
1. "The Millionaire Real Estate Agent" by Gary Keller.
2. "Think and Grow Rich" by Napoleon Hill.
3. "The E-Myth" by Micheal Gerber
4. "Good to Great" by Jim Collins
5. "The 4 Hour Workweek" by Tim Ferris
For the picture above, I simply grabbed these books from my home bookshelf. It just so happened that I had previously read each of these books. In fact, after reading "The Millionaire Real Estate Agent" by Gary Keller, several years ago, I almost launched a Keller Williams franchise in Lake County, Ohio. At the last minute, I decided not to go forward with the franchise. I'll write about this decision in an upcoming blog post. My decision had nothing to do with Keller Williams. It's a great company. My decision was based upon my goals. (You can have my posts automatically emailed to you by adding your email address in the box on the top right hand side of the blog.)
I personally learned a great deal from each book above. If you're reading this blog post and haven't read a book on the list, I would strongly suggest that you start today. I would almost say these books are recommended reading for agents who are serious about building their businesses.
I'm often amazed at how little real estate agents read, study and learn. From a competition standpoint, it's actually good news. If you read more than your competitors, you'll sell more than your competitors. However, from an industry stand point, it's very scary. No wonder why consumers rank real estate agents low when surveyed.
Make a goal to read at least one book a month. Start with the top 5 list and work your way down. As you read each book, make sure you apply what your learning to your business. The books you read should turn into money.
Today I'm revealing the top 5 business building books obtained from my recent survey to real estate agents.
Complete List of Recommended Books
We went through the entire list and counted the number of times a book was recommended. The following books had the most recommendations by agents completing the survey. I've listed the top 5 books for you in the order of their ranking:
1. "The Millionaire Real Estate Agent" by Gary Keller.
2. "Think and Grow Rich" by Napoleon Hill.
3. "The E-Myth" by Micheal Gerber
4. "Good to Great" by Jim Collins
5. "The 4 Hour Workweek" by Tim Ferris
For the picture above, I simply grabbed these books from my home bookshelf. It just so happened that I had previously read each of these books. In fact, after reading "The Millionaire Real Estate Agent" by Gary Keller, several years ago, I almost launched a Keller Williams franchise in Lake County, Ohio. At the last minute, I decided not to go forward with the franchise. I'll write about this decision in an upcoming blog post. My decision had nothing to do with Keller Williams. It's a great company. My decision was based upon my goals. (You can have my posts automatically emailed to you by adding your email address in the box on the top right hand side of the blog.)
I personally learned a great deal from each book above. If you're reading this blog post and haven't read a book on the list, I would strongly suggest that you start today. I would almost say these books are recommended reading for agents who are serious about building their businesses.
I'm often amazed at how little real estate agents read, study and learn. From a competition standpoint, it's actually good news. If you read more than your competitors, you'll sell more than your competitors. However, from an industry stand point, it's very scary. No wonder why consumers rank real estate agents low when surveyed.
Make a goal to read at least one book a month. Start with the top 5 list and work your way down. As you read each book, make sure you apply what your learning to your business. The books you read should turn into money.
Monday, September 8, 2008
Friday, September 5, 2008
Monday, April 21, 2008
Sunday, April 20, 2008
Deals Revealed!
FIRST-TIME HOMEBUYERS AND INVESTORS CAN ENJOY BIG PROFITS ..... WITH A SUB-PRIME LENDING CRISIS, Balloon payments coming to term, borrowers losing equity in high-value homes, and a home market turned upside down by recent events, there are right now literally thousands of under-valued properties in Central Ohio -- ready to be purchased far below market value and sold high.
According to RealtyTrac, foreclosure filings for October zoomed 94% from one year ago, and November also surged 68% from last year as states that once enjoyed a white-hot housing market are now seeing the greatest number of loan failures.
The current rise in foreclosures is an incredible opportunity for you to achieve instant equity in a home purchase or the privileged life you've always dreamed about.... not years from now, but months from now. Our seminar will reveal the specific foreclosure buying and investing strategies that have been used again and again by homebuyers and investors with inside knowledge.
If your plan is “buy low, sell high,” you’d better learn how to buy right now!
WHY SHOULD I ATTEND?
Walk away from this seminar and you will be well on your way to profiting from foreclosures. Why is the profit potential so great?
Properties are sold below market value
Lower or NO down-payment, smaller mortgage, lower monthly payments
Instant Equity and fast returns
REGISTER and LEARN:
How to Find Foreclosure Opportunities in Columbus and surrounding suburbs: Take advantage of the hot investing opportunities in your area before anyone else does
Credit and Credit Card Repair: Be in good financial standing so you can make money at every stage of the investing process
The Phases of Foreclosure Following the Foreclosure Clock: When to make a move and how to capitalize at every stage of the process
How to Capitalize without Harm: Part of the Foreclosure investment process includes finding ways for sellers to move on without shame
What to Do Once You Have the Property: Do you live there, renovate, or sell immediately? Learn what's best for your specific situation
Goal Setting: How to set realistic goals and attain them every time
SEMINAR Information:
DATE: 5/29/08
TIME: 6:00PM
LOCATION:
Westerville Community Center
350 N. Cleveland Ave.
Westerville, OH 43082
According to RealtyTrac, foreclosure filings for October zoomed 94% from one year ago, and November also surged 68% from last year as states that once enjoyed a white-hot housing market are now seeing the greatest number of loan failures.
The current rise in foreclosures is an incredible opportunity for you to achieve instant equity in a home purchase or the privileged life you've always dreamed about.... not years from now, but months from now. Our seminar will reveal the specific foreclosure buying and investing strategies that have been used again and again by homebuyers and investors with inside knowledge.
If your plan is “buy low, sell high,” you’d better learn how to buy right now!
WHY SHOULD I ATTEND?
Walk away from this seminar and you will be well on your way to profiting from foreclosures. Why is the profit potential so great?
Properties are sold below market value
Lower or NO down-payment, smaller mortgage, lower monthly payments
Instant Equity and fast returns
REGISTER and LEARN:
How to Find Foreclosure Opportunities in Columbus and surrounding suburbs: Take advantage of the hot investing opportunities in your area before anyone else does
Credit and Credit Card Repair: Be in good financial standing so you can make money at every stage of the investing process
The Phases of Foreclosure Following the Foreclosure Clock: When to make a move and how to capitalize at every stage of the process
How to Capitalize without Harm: Part of the Foreclosure investment process includes finding ways for sellers to move on without shame
What to Do Once You Have the Property: Do you live there, renovate, or sell immediately? Learn what's best for your specific situation
Goal Setting: How to set realistic goals and attain them every time
SEMINAR Information:
DATE: 5/29/08
TIME: 6:00PM
LOCATION:
Westerville Community Center
350 N. Cleveland Ave.
Westerville, OH 43082
One-Stop-Investing.com
Ultimate one stop shop to everything you need in an investment. We find and negotiate the deal, find contractors in the area of the deal if needed, set up networking for you, and find renters for the cash flowing properties.What we do is network over hundreds of websites to find the best deals on investment properties. Negotiate the best deal for you.Find everything you need to have a successful investment with no worries.We can also help you along with the investment if needed at no cost with personal assisting.WHAT ARE WE OFFERING? Every Investor gets immediate 15-20% equity, cash flow, and 100% of all net profits… even on the resale.A property management company handles ALL the problems so you never have to worry about any of the headaches or hassles associated with tenants.We’re so sure this program will produce for our Investors; we even guarantee your mortgage payments for the first full year.This will be a turnkey one-stop shop for every investor involved. If you are interested in any of this please write what it is you are looking for or any questions on the wall or email me at ryan@ryansteam.com
Investment Deals
We have another wholesale deal available for the experienced rehabber. This place in in rough shape, but priced accordingly. It's located on the south side of Columbus, and needs just about everything on the inside redone. Rents in the area for a 3 bedroom run about $650\mo. http://www.facebook.com/video/video.php?v=1007795353887&oid=13736542541
Sunday, March 30, 2008
1 in 5
About one in five subprime mortgages made in the last two years are likely to go into foreclosure, according to a report released yesterday, ending the dream of homeownership for millions of Americans.
At that rate, about 1.1 million homeowners who took out subprime loans in the last two years will lose their houses in the next few years, the report said. The foreclosures will cost those homeowners an estimated $74.6 billion, primarily in equity.
The report, written by the Center for Responsible Lending, a research group in Durham, N.C., was based on data supplied by Moody’s Economy.com. Researchers examined more than six million mortgages made from 1998 until the third quarter of 2006; the report is the first nationwide study on the performance of subprime mortgages. It includes projected foreclosure data for all major metropolitan statistical areas. The highest default rates are expected to be in cities in California, Nevada, Michigan and New Jersey as well as Washington, D.C.
The report offers a somber assessment of loans that had helped millions of Americans with blemished credit attain homeownership. About 2.2 million borrowers who took subprime loans from 1998 to 2006 are likely to lose their homes.
At that rate, about 1.1 million homeowners who took out subprime loans in the last two years will lose their houses in the next few years, the report said. The foreclosures will cost those homeowners an estimated $74.6 billion, primarily in equity.
The report, written by the Center for Responsible Lending, a research group in Durham, N.C., was based on data supplied by Moody’s Economy.com. Researchers examined more than six million mortgages made from 1998 until the third quarter of 2006; the report is the first nationwide study on the performance of subprime mortgages. It includes projected foreclosure data for all major metropolitan statistical areas. The highest default rates are expected to be in cities in California, Nevada, Michigan and New Jersey as well as Washington, D.C.
The report offers a somber assessment of loans that had helped millions of Americans with blemished credit attain homeownership. About 2.2 million borrowers who took subprime loans from 1998 to 2006 are likely to lose their homes.
Tuesday, March 25, 2008
Rates
NATIONAL OVERNIGHT AVERAGES
TODAY
+/-
LAST WEEK
30 yr fixed mtg
5.73%
5.74%
15 yr fixed mtg
5.22%
5.09%
5/1 ARM
5.79%
5.65%
30 yr fixed jumbo mtg
7.26%
7.02%
5/1 jumbo ARM
6.54%
6.13%
TODAY
+/-
LAST WEEK
30 yr fixed mtg
5.73%
5.74%
15 yr fixed mtg
5.22%
5.09%
5/1 ARM
5.79%
5.65%
30 yr fixed jumbo mtg
7.26%
7.02%
5/1 jumbo ARM
6.54%
6.13%
Monday, March 24, 2008
Can I Flip Properties?
The million dollar question that everyone asks me is "can I still flip real estate". The answer I give really depends on who is asking. For the novice investor I would simply say no, the market conditions are not suited for this exit strategy. For a seasoned investor I would ask a few questions. What did you buy the property for? What are your comparable sales? How much do you plan on improving the property? How long are you able to carry the property before you "must" sell. These questions are key to whether it makes sense to use a flip as the exit strategy. If you are able to over improve the property based on the neighborhood and still be at or under market value and are able to carry the property for 2 to 4 months then it would be possible to still flip the subject property. In all other cases I would recommend a buy and hold strategy. I will discuss these in later posts.
Investing 101
The reason I am starting this blog is because I am tired of all of the "pie in the sky" ideas out there about real estate investing. We will share "real world" investing relating to today's market. This blog will be about networking and trying to make some real money for both new and seasoned investors. I will share deals that my company has done as well as potential deals currently available. I hope this will be a place to come to get answers and information that is relevant and not just "theory".
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