Archive for the ‘prosperity’ Category

Follow Schwarzenegger’s Advice to Put Fuel on the Fire

Thursday, December 13th, 2012

“Adversity causes some people to break, and other people to break records.” — Anon

The Governator

I think one of the most powerful motivations in my life is when someone tells me that I can’t do something.

In his autobiography, Total Recall, Arnold Schwarzenegger puts it this way:

Sometimes you have to appreciate the very people and circumstances that traumatized you. Today I hail the strictness of my father, and my whole upbringing, and the fact that I didn’t have anything that I wanted in Austria, because those were the very factors that made me hungry.

Every time he hit me. Every time he said my weight training was garbage, that I should do something useful and go out and chop wood. Every time he disapproved of me or embarrassed me, it put fuel on the fire in my belly. It drove me and motivated me.

What strikes me, is that it wasn’t the fact that Arnold was tormented that made him into the over-achieving force of nature that he became (warts and all), it was the the way that he used that ordeal as motivation to reach his goals.

Arnold’s motivational story:

 

My favorite blog articles for the week:


Now is the Time to Start Meandering into Fixer Upper Houses

Tuesday, February 14th, 2012

Yep, that's me painting a fixer-upper house

If your circumstances are such that it is impossible for you to start investing in real estate today, you can start by just meandering in that direction. You can program your mind to pay attention to anything related to real estate. Cut articles out of the newspaper, buy books at book sales, ask friends and co-workers how they purchased their house, watch for free classes or seminars.

If you don’t start following your dream now, you may never do it. There’s a lot more to life than just making a living by working at an uninspiring job.

Start to Prepare Yourself

You can be constantly learning and preparing for the day you will purchase your first fix-up property. Virtually anything you need to know is available to you through books, audio recordings, workshops, seminars, public education programs, consultants and training programs.

I meandered for approximately 11 years before purchasing my first investment property. Now I wish I had started sooner, but you can’t begin until you have the desire and the knowledge. Sometimes, desire and knowledge can be acquired simply by observing someone else operating a successful business.

Reason to Not Invest and Reasons to Invest

There are always reasons not to invest in real estate. The most common reason used to be that people thought house prices were too high. Now, the situation has reversed itself and housing prices are at historic lows.

The time is ripe to start meandering in the direction of Fixer Upper Houses.

See What’s Happening in Your Neighborhood

You might want to check out how low houses are selling for in your neighborhood. You might be surprised.

You can find housing prices at Zillow.com or on the multiple listing service (MLS).

New Book – Carve Out Your Niche – Coming Soon

Friday, August 12th, 2011

What happens after you have been successfully operating your fixer-upper house business for several years, and you have become a master of your own minor universe?

At that point, it’s time to move on to the next phase of your career. You need to write a book about your experiences and share your hard-earned wisdom with others.

Following closely on the heels of writing your book, you will need to find ways to reach the people that will benefit from your book, and you must (gasp! choke!) promote your book.

This is where my new book, Carve Out Your Niche: How to Live Your Passion, Write Your Book, & Help Others to Change Their World, comes to your rescue.

I have already blazed a path for you to follow. Just follow the steps laid out in my book and you too will be able to:

1. Find your niche, or mission in life, if you haven’t already;

2. Lean to write and self-publish your book;

3. Promote your message through an assortment of proven techniques, including videos, radio interviews, and that ravenous monster called “the internet.”

Carve Out Your Niche will soon be available at Amazon.com and other internet book stores.

However, if you can’t wait and would like a preview of my book, you can fill in the form on my Carve Out Your Niche website and receive a free download of the Introductory Chapter.

Joe Sabah, author of How to Get on Radio Talk Shows all Across America, has reviewed my book and commented,

Carve Out Your Niche is a true pleasure to read. Follow Sprouse’s steps and you will succeed!

 Related Posts

Remove that Garbarge Disposal Now!

The Secret to Success (video)

Friday, January 21st, 2011

The secret to success in life and business (even the fixer upper house business), according to Napoleon Hll and Ralph Waldo Emerson, is to be persistant and to follow your intuition.

 

 Related Posts

Remove that Garbarge Disposal Now!

How to Get Money to Buy Rental Houses (Video)

Thursday, September 16th, 2010

During my interview with the inimitable Dan Ramey, at WBEX 1490 1490 AM in Chillicothe, Ohio, he asked whether or not people should be concerned about refinacing their house to make a downpayment on a rental house.

Naturally, people are nervous about making financial changes during a recession. But, refinancing your existing house to take down payment money out of your equity and buy a rental house is one of the safest ways to start investing in real estate. It’s the most common way that real estate investors use to purchase investment properties.

If you have a steady job and a good credit rating, now is a rare opportunity to get a loan in the 4% interest range. And, houses are selling at fire sale prices!

It’s a good idea to refinance a house that you have owned for a few years before reinancing to take some equity out of it.

Refinancing an existing property for downpayment money is a lot better than waiting until you have enough cash to purchase a rental house withouta loan. Having a loan gives you leverage, because you don’t have to use all of your own money, which could take 20 years or more, to save.

The great benefit is, after you have purchased your rental house, is that you have a stream of income that is in addition to your regular 8:00 to 5:00 job.

You can be laid off, or fired from your regular job, but you can never lose your rental property job!

Here is my new video that shows the process of putting your lazy home equity to work for you:

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Weekly Fixer Upper Roundup of Real Estate Investing and Prosperity Blogs

Saturday, February 16th, 2008


Once again, I present my unbiased, unwarrented, unadulterated and unrelenting list of favorite blog articles from the past week, not necessarily related to the fixer upper house business, but still informative.

Managing Tenants Part Three: Written Criteria for Tenant Selection at biggerpockets.com
When Tenants Pay Late (Part 1 – The Initial Discussion) at twowiseacres.com
From Freakonomics at fsbojane.com/
Flowers and Shrubs and Dust Oh My at rentalsrus.blogspot.com/
Almost…To….The…Finish…Line at flipthyhouse.com/
Health Insurance, Medical Expenses, and Unscrupulous Doctors at moolanomy.com/
Compare Your Rent to Your Neighbors at wealthisgood.blogspot.com/
Frugality: Increasing Your Quality of Life for Less at mrsmicah.com
Suze Orman Gets it Right About Why Our Economy is Faultering at money crashers.com

The Zen of Repairing Properties

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