Tag Archives: success

Stop Sucking Your Thumb & Flip a House

Stop Sucking Your Thumb & Flip a House

Stop Sucking Your Thumb & Flip a House

Being a professional real estate investor, we come across all kind of deals. “Stop sucking your thumb and flip a house” is a phrase that every investor should abide by. Analysis paralysis and wasting very profitable time goes on debating. Wondering if others are going to jump on this deal. Loosing focus on your target gives you mediocrity all lifelong in every aspect of your life. Twiddling thumbs and looking at a deal is not going to get you results. You need to take action, make an offer, and help the distressed panic home seller. Remain focused on the deal at hand.

Stop Sucking Your Thumb & Flip a House

As they say about when Jeff Bezos when he was a kid, the founder of Amazon. He was in a Montessori school, and they’d stick him in these little chairs, and he had to rotate around. Bezos was so focused that they couldn’t tap him and get him out of it. He was doing his coloring or whatever, so they had to pick up the chairs and move him around. The lesson here is being extremely focused at the task on hand; there’s a time and season for everything.

Split your time between being extremely focused and questioning, “What do I need to get done today?” Use modern technology to help you destroy the pending list of 30 things, and instead split it into two. In other words, focus on one real estate deal at a time. Keep your list of properties to make an offer less than two.

Stop Sucking Your Thumb & Flip a House

In Hillary Clinton’s book, Hard Choices. If you look at her routine in a day, she makes time from about 9:30 to 9:45 to record four thank-you videos for key people and she gets it off her chest – boom. However, she doesn’t do it all day; she’s carved out time so that she doesn’t interrupt her day. This is how you are going to build last long business relationships. Gratitude will open more door of opportunities for you. Remember in kindergarten they teach you five basic manners, use them to excel at your success in flipping houses.

Don’t suck your thumb & flip a house.

That’s what Warren Buffett says. If you come to him with good information, he makes a decision to buy a deal then or never, so no sucking your thumb syndrome. That’s the same as stick-ability. For all those things, if Warren Buffett the billionaire can make executive decisions very quickly, you come to him, you say, “Here’s how much money this deal is making. Here, how much? Warren Buffett will tell you immediately. He’ll let you know if it’s a, “good deal, or not.”

Stop Sucking Your Thumb & Flip a House

Is that OK that we start following a great advice? Would you think it can excel your real estate investments to lightening speed? Instant decision making is very powerful weapon for wealthy real estate investors. But they always keep the back door open for quick exit if everything does not match the acquisition criteria.

The question most of you will ask about is the risk factor involved in making instant decisions. You are right. How about what you have learned to do your Due Diligence after having a property under contract first. May be you should not waste time if you are assigning (flipping) the contract to another end buyer. Risk is always there no matter what. We all will make mistakes but most of them  will teach you the lesson worth more than the price you have to pay. Don’t suck your thumb and flip a house.

Stop Sucking Your Thumb & Flip a House

He doesn’t say, “Let me think about it for a month.” Obviously, there are some decisions that are very complex that you have to make more time for, but your ability to not let things load up on your brain is going to be directly related to your ability to have impact in life and to live the good life.

Ask any realtor about the common mistake that most home buyers make, “let me think about it” and they will miss the boat again. Now they want the same boat but unfortunately the boat has already sailed off. How many  boats we have all missed? Is it a good idea to learn from one’s own mistakes or another’s? The bottom line is only one factor. Unable to decide will keep you at the bottom of the ladder of success in real estate.

Stop Sucking Your Thumb & Flip a House

This is the secret weapon of very wealthy investors.

Making a decision instead of sucking your thumb all day long and being unable to decide anything in life. Stop Sucking Your Thumb & Flip a House.

Health, wealth, love, and happiness. You can have it all by investing time and energy. No stickability – Hot potato – No sucking your thumb on stuff – Make an executive decision. You are the commander in chief of your life. Move on to the next real estate deal.

Warren Buffett says for every good thing you put in, you got to take something out. You have to make room for it, so when you start in your day-to-day, you start having this high cognitive load because of the stickability factor, you will be less effective. Your brain won’t function as well. You won’t be able to do deep thinking. Keep your brain junk free.

Change your life today. Learn more to earn more by attending LIVE Workshops  in your city from fellow Canadian Real Estate Experts. Put a house under a contract and flip it. No need to think about tomorrow yet. Let’s solve a distressed home owner’s problem, make a fortune and conquer today.

Stop Sucking Your Thumb & Flip a House

Discover the Formulas for Success in Canadian Real Estate

1.5You might think that where you are right now is far away from where you want to be, and that isn't true. It isn't years away, not even months, but it could be right infront of you. Having an apprenticeship changes everything. The fact is, almost 99% of the Canadian real estate investors who set out to acheive their dreams don’t get them. Even if they work hard and are nice people. That missing Percent can be conquered by learning from our mistakes and our success.

2The first formula is finding Canadian Real estate deals at a deep discount. That is the most important skill any Canadian real estate investor can have. Why? Because instead of waiting 20 years to make a profit, you can make it instantly. Appreciation and inflation takes forever. Guessing and speculating always leads to being bankrupt. After each real estate bust, the gamblers are the ones who lose it all. If a real estate investor is having trouble profiting, it is most likely a problem with how they acquire. Either they don’t know how to invest in deep discounted deals or they don’t know these deals exist. Flipping4Profit.ca provides you eye witness ,real time, real deal training with your own boots on the ground.

The next formula is to have a Real Estate investment coach who has a proven track record. If you want to make massive and passive income, make sure to team up with an entourage 3of experts and coaches. No matter what anyone tells you, investing in Canadian real estate is a team effort. You team doesn't only have to include Canadian real estate investors, it can also include lenders, realtors, brokers, contractors and all of these people can be part of your entourage.  Your entourage will help you reach your dreams of success in Canadian real estate. Keep in mind that a team need to be developed early on. Real estate investors believe that once they are successful then they can build a team, but it is the opposite. Put together a team now instead of later, and you can create 4massive income.

Networking is the third most important component. At Professional Real Estate Investors Group (PREIG) Canada, networking with other investors becomes really easy. Relationships will help you acheive your goal of success, and create massive and passive income.

Systems & Strategies: You have to learn solid and reliable system and strategies in the apprenticeship so that your business can still run even without your presence.  Meaning, if you were to go away for just a few days or weeks, your business can still generate income.

6Another formula for success is accountability. If you truly want something bad enough, you have got to hold yourself accountable to your goals, or get someone else to hold you accountable. Without self-discipline, accountability is the distance between you and what you want to achieve in Canadian real estate. 

Ten Commandments of investing in Canadian real estate; That’s because one thing we learned from 5my mentors and coaches is that the glue that holds the business together, is the same thing that holds a family together. The same thing goes for a religion, a sports team, a civilization- Your success in real estate is decided by your ability to follow these commandments.