Tuesday, August 14, 2012

The 5 M's of Real Estate Investing


Hi Everybody,
In order to become a successful real estate investor there are certain skills that must be mastered. Learning what these skills and practicing them will start you on the road to success.
There are five major skills that must be mastered in this business. I call them the "5 M's of Real Estate Investing.

Mining = Mentalidad
Money = Dinero
Maintenance = Mantenimiento
Marketing = Publicidad
Managing = Manejamiento  

Mining is finding really good deals--deals that will almost guarantee an exceptional return on your investment of money and time.

Money means finding the funding to purchase your real estate investments. Unless you have an endless supply of money-it will be necessary to develop the skill of finding an endless supply.

Maintenance, the easiest to master, is getting an investment property ready to market.  Just find a good and honest maintenance contractor, train him or her to do what you want and how you want it and you are done.

Marketing is critical to the success of real estate investing. You must learn how to rent, sell or lease option the property quickly. Learn quickly and move the property quickly. A real estate investment sitting unoccupied can and will put a dagger in your chances of success.

Managing renters is probably the most difficult skill to master. Not because it is the hardest to learn but because many investors just don't spend the time and effort necessary to learn how to manage their investment properties.

By learning and becoming really good at each of the 5 M's you will increase your chances of investing success one hundred fold. You can contact us if you need help at any time. 
Se Habla Español!!!

Best of luck with your investing!

Manuel B.

(909) 235-1534 or mbhomessolutions@gmail.com  Need to sell quickly? www.mbcbuyshomes.com needs discounted deals? www.megadiscounthomes.com You can also visit: www.leaseoptions1on1.com or http://cositasycosascuriosas.blogspot.com

Thursday, March 8, 2012

The Mentor, a Story of Success #1

Taught me and your continued guidance, I will make it.
Tell me succinctly what you think you have learned, Ralph.
I have learned so much, Max. I have all the cards you and
your protégés gave me and I have studied them constantly
since we returned. Let me tell what I have learned in my
own words. Ralph stood up, looked at Max with a respectful
assertiveness and confidence that he didn’t know he
was in possession of and began to recite the principles.

Success Principle #1 If your life stinks, it’s your fault! I
am responsible for me. I am not a child, but a man. Only a
whiner, a wimp blames his or her actions on another. If it
is meant to be, it is up to me. I am allowed to make mistakes,
it’s part of the road to Success. When I do make a
mistake I learn from it and now I am a stronger person for
my failure. Success or failure is the direct result of what I
do or don’t do. No one is going to do it for me except me.
Bottom line, I am responsible for me and I accept that responsibility.

Look for Principal #2 soon!!!


Principal de éxito #1 Si tu vida está mal, es tu culpa! Yo soy responsable por mí.  Yo no soy un niño, sino un hombre.  Solo un llorón, un cobarde culpa a alguien más de sus acciones.  Si debe pasar algo, yo soy responsable de eso.  Tengo derecho a cometer errores, es parte del camino del Éxito.  Cuando cometo un error aprendo de él y  me convierto en una persona más fuerte a causa de mi fracaso.  Éxito o fracaso es directamente un resultado de lo que yo hago o dejo de hacer.  Nadie lo va a hacer por mí, solo yo.  Al fin de cuentas, yo soy responsable por mí y acepto esa responsabilidad.