Thursday, May 28, 2009

If you're going to go, go BIG

This is the end of this blog......

Well the end of it as it is currently. I will take up my NEW adventure and try to conquer VIDEO blogging.. this is my TRIAL..Shsssh. I am not showing anyone until I get this thing right. But I WANTED to see what you thought. It is my introduction to how I want to change my life and the steps I am using to do so...IF you ask me, I do not need such a big close up. I probably will take this down and put up the one I finally settle with, but for now I am just playing with the LOOK And FEEL.

Hmmm, there you have it..in all of its glory..Funny isn't it. I will try again later on this evening..

Tuesday, May 19, 2009

Did I mention that I am on a great BIG LIFE CHALLENGE!

Just taking a break talking about commercial investing to talk about something that indirectly affects it..MY WEIGHT. In addition to working hard to get my first commercial deal..I am working extremely hard to lose weight and to lose weight. I have gotten to the point where I exercise at least 4 times per week. NOW I have to work on my weight.


I happen to believe that if you look better, you feel better, if you feel better, you do better, if you do better, you MAKE MORE MONEY.. so in order for me to make more dollars. I have to get to "look better part"..So I am taking a quick break to say what my 21 REASONS are for MAKING MONEY..indirectly of course..
Twenty-One reasons I gotta be FIT and HEALTHY because
1. Cancer runs in my family
2. I want to have a second child and be at a healthy weight
3. I want to look good when I post my video for my website
4. I want to look good for a reunion with my high school friends this summer
5. People who are fit, feel, better and look better. I want to be one of those folks
6. I like to be active, I have been all my life
7. I want to be a great example to my son
8. I want to defeat my bad eating habits
9. I want to be able to show others how to win at weight loss
10. I want to have a plan and ACTUALLY follow it through for once
11. I need the confidence of being victorious, instead of the feeling of defeat
12. I want to be able to shop in the regular segments of the stores and not go to the xl section
13. I want my legs to stop aching from weight gain
14. I need to be able to take my wedding ring off and on without my ring finger swelling
15. I am tired of being and feeling tired all the time
16. I am tired of seeing myself in mirror and shaking my head
17. I am tired of looking at my facebook picture and saying, that picture was too many years ago, if people could see me now!”
18. I want to not be embarrassed about my body with my husband
19. I want to take a belly dancing class without such a big belly
20. I want to fit into juicy couture wear (only avail in sizes small-med-large)
21. I want to be so fit I could teach a turbo class or run a marathon…Changes I need to make:
Ensuring that each week I completely prepare my meals and write THEM DOWN even snacks down to the protein, carb, fat intake to understand my caloric intake and exercise intake
To find an accountability partner that we will compete to EAT the right thingsTo ACTUALLY USE the HEALTHY MENUS in the HEALTHY BOOKS that I have purchased about 8 in all at approx 20*8=160 bucks..

Wednesday, May 13, 2009

Monday, May 11, 2009

Still waiting.

Okay, okay. I have a signed Letter of Intent according to my partner. BUT like I said before I am STILL waiting...now mind you..I am new at this...I am sure that as I make my millions, I will become WELL automated. But for now, I have to keep cranking things out by hand..

SO, I am still waiting, still waiting for us to:
1. Get a contract to the seller and have our lawyers fight it out (of course, it is not my lawyer, but my partners) this is a GENUINE JOINT VENTURE project...one where I do the LOI's, Business Plans and general set-up and he does the negotiations and provides the knowledge of buildings and such..
2.Get a site visit in, and actually SEE the property..The last one we ACTUALLY SAW..needed HELP. The property had not been managed by the owners properly, there was trash everywhere. THE janitors that should have worked there(there were supposed to be 3 of them) were NOT working..AND we found out that it had a PVC pipe problem worth about 400K to fix..

So, I am still waiting FOR ONE deal, just ONE to go all the way through..I will keep you posted..

Tuesday, May 5, 2009

My 3rd ACCEPTED OFFER:But NOT SO FAST

All that begging and pleading must have given me FAVOR...so here I am, on the precipice of yet ANOTHER GREAT DEAL that I have found, worked with my partner and submitted an offer to be accepted, and...IT WAS ACCEPTED..YAY, but there is still so far to go...

Let me tell you a little about it: Case Study

Barton Place Apartments
Has been on the market since 8/25/08. Last week REDUCED the price. (Seller motivated) to a cap rate that is under our parameters (8% cap rate)(Cap rate=net income/asking price). But worth sending an offer on..YOU NEVER KNOW what seller MIGHT bite..we send an offer based on the getting a higher cap rate of about 11%. Knocked about 50K off their asking price.

My partner always says to me to start LOW and have them negotiate higher. So the offer was ACCEPTED right off of the bat. We are waiting for the seller to sign the LOI and fax it to my partner. So far, we only have to come up with 58+40K for closing and here is the kicker. WE HAVE NOT EVEN SEEN IT yet..

However, we STILL have about 30-60days to go before this closes, we will need:
1.A site visit
2.A property "due diligence" checklist
3.A business plan to submit for our investors
4.A signed contract-reviewed by a lawyer
5.Earnest money deposit or waived (10K)
6.1 or 2 investors(to come up w/90K) yes, truly NO MONEY DOWN
7.Closing and then 1/2 of the about 20K cash flow..if EVERY thing checks out is MINE every MONTH...(10K per month into my family's pockets..)

WITH this ONE deal, I could QUIT my jobs..STAY TUNED(we have seven more steps to go)......

Saturday, May 2, 2009

C'Mon, C'Mon

You ever been waiting in line and you are in a hurry. You scan all of the lines in the store, pick the shortest one, because, TODAY..you have someplace to go and you don't have time to waste..there is about 3 people in front of you, they do not have much, the cashier is pretty efficient, everything is going along smoothly.

One person is checked out and gone...

Person two has been checked by the cashier and gone...

One more person and it is your turn..you look at your watch...you have about ten more minutes before you need to be in the car and gone..OR ELSE YOU ARE REALLY GOING TO BE LATE..you have one last person, this should not be a problem, they have about 4 items...yes..you will make it, THEN you hear..

"PRICE CHECK on ISLE 7", "PRICE CHECK on ISLE 7"..you are dissappointed that the price check wail you hear is coming from YOUR ISLE, person number 3 in the line has let you down..EVERYONE knows..when you get an item, look at it FIRST to ensure there is a price on it, or ELSE..

You look at your watch again...7 more minutes..you scan the other isles to see if you can quickly dart into another line..you see that the other lines are just as long..You also see the back of the lady who was behind you in the store leaving with her checked items EVEN THOUGH she got in the longer line...You think...who was the smarter one, now I bet she was not even in a hurry...you look at your watch again..2 more minutes..

PRICE CHECK on ISLE 7-The manager finally comes..the price is entered by the cashier..The person in front of you gets checked it is your turn..you have 30 seconds left and just 2 items...

YES..you know you are late...and you are going to hear it...BOY,,things ALWAYS happen when you are in a hurry...

THIS IS HOW I FEEL....I know that as I submit more Letters, and talk to my partner that I am getting one more step closer to the big "payoff" that is promised.. to all RE investors if they stick with it..BUT, as I realize that I have done 12 out of 21 LOI's, only five have been submitted..My partner is researching the others one...HIS have been accepted, mine have not..I just feel that RUSH, like I gotta get this accomplished..

I KNOW.. that I can do this...JUST LET IT HAPPEN...let ME be on time for once, LET ME...be the person that is giving the testimony of my first 100k deal...LET IT BE ME..LET IT BE ME in that FIRST PLACE in line..and not ALWAYS.. too late...(if it wasn't for that..seller, advertising, partner...whatever excuse...)

C'mon...let IT BE ME...

(I just needed to get that out..Thanks..more ravings..later)