The Person With The Most Money Wins!

More money can mean better:

- Health Care
- Relaxing Vacations and Adventures
- Education for your children or yourself
- Better home than you have now

Best of all it can reduce stress from not having to worry about money!

Many of us have problems in life that additional cash will help solve the situation. Did you know that 80% of problems in life could be simply resolved with additional cash.

Your first step to becoming financially secure is getting involved in real estate as an investor. Now you must take the next step "Stop chasing money".

John Michael, the founder of Stealth Educational Services has a vary simple but phrase he loves to use.

Money has twelve legs and you have two - It will always out run you when you chase it.

Fundamentally, there are two areas to focus on to build wealth and generate cash.

1. You must develop skills and strategies to reduce your expenses along with maximizing your life style.

2. You must develop skills and strategies of generating additional revenues.

You will need to learn how to use:

OPM - Other Peoples Money
OPT - Other Peoples Time

We all have life expenses such as:

- Food - Meals
- Auto Insurance
- Auto gas and oil
- Rent or Mortgage payments
- Along with other purchases

You easily spend $2,000, $5,000, $10,000, or even more every year on these expenses.

Did you know that for every dollar that you make tax deductible you can receive approximately 15¢ to even 50¢ back from the government and yes it all depends upon your tax bracket and tax rate. The easiest and fastest way to get tax breaks you will need is to simply start a small business.

As a real estate investor, you have a small business!

This should be your goal for your financial strategy as a real estate investor over the next 12 months:

- $50,000 to $100,000 income from real estate investing
- Cut your tax bill in half
- Reduce your auto insurance by 1/3
- Save $1,000's on your next purchase of a car
- Reduce your food cost by 10%
- Decrease your health cost up to 20%
- Open your KEOG retirement plan
- Improve your credit
- Protect and shield your assets

Just to name a few.

You may have to work full time and do real estate investing part-time for several months until you get the ball rolling. You will need multiple sources of income to become successful as you grow and start your carrier as a real estate investor.

Let me give you another set of goals that you should shoot for as well:

- Build wealth in real estate
- Develop multiple sources of income and residual income
- Make money while you sleep
- Develop a profitable real estate investing business
- Earn at least 15% on your investments
- Use your real estate investing business for tax deductions
- Use compounding of money and time to build wealth slowly
- Become worth more to an employer until you are able to fire them

Stop chasing money, it is not how much money you "earn", it is what you "learn" to do with the money that matters.

You must have a good plan for building wealth!

More wealth and cash can make life more exciting, dynamic, and fun.

"Daring ideas are like chessmen moved forward. They may be beaten, but they may start a winning game." By Johann Wolfgang von Goethe

John Michael is the author of "Getting Started In Real Estate Investing"

In addition, you can review his book at: http://jmichaelrei.com

---

Buying a Newly-Built Home? Ten Benefits of Using a Real Estate Professional

It might not seem necessary to involve a real estate... Read More

Property Types A, B, C And D

One of the biggest problems individuals just starting out have... Read More

Getting Raw Land, Not a Raw Deal!

There is more to buying raw land than meets the... Read More

Should I Invest in Real Estate While Running an Internet Business?

Of course you should. I practice this for quite a... Read More

Looking into Buying Mobile Homes?

To own a home is one of the dreams every... Read More

Investing in Real Estate Vehicle for Wealth Building

Real estate is one of the best vehicles of building... Read More

Prepare Your Rental Property for Occupancy

Among your many responsibilities as a landlord, the law provides... Read More

Real Estate Appraisal - Do It Yourself

For single family homes, there are two basic methods used... Read More

Real Estate Bubble: Fact or Fiction?

The real estate market buzz across the country these days... Read More

New Homes in Ridgefield

Location:Frequent travelers will absolutely delight in this town! As part... Read More

Just Give Me Eleven Reasons to Buy in Dubai

Buying overseas property is not always for the fainthearted but... Read More

Investing in Residential Real Estate: Achieving Positive Cash Flow

When investing in real estate, it is highly desirable to... Read More

Real Estate Investing - Protect Your Privacy

An irate tenant or disgruntled home-buyer, with the help of... Read More

Buying Property in Bulgaria : How to Avoid Making A Bad Investment

Where is it possible to buy a property on your... Read More

Real Estate Investing - Books,TV Infomercials, and Seminars

Real estate investing has become popularized today because of real... Read More

Home Staging Strategies

Who are you preparing your home to sell to?You, as... Read More

Selling by Owner Escrow or Closing Checklist

Home sellers should keep on top of their pending sale;... Read More

An Estate Planning Primer

An estate plan can be designed by clients and their... Read More

Escrow Accounts ? Are You Paying Too Much?

Money in escrow is "dead money". It doesn't earn interest... Read More

Real Estate Investing - House Problems

Houses can have lots of problemsReal estate investing requires expertise... Read More

Raising Money For Property Development

In addition to finding the right property, one of the... Read More

Lease Purchasing Is The Perfect Home-Based Business

Some call it the 30 second commute. We call it... Read More

When is the Best Time to Move?

As Realtors, we are often asked, "When is the best... Read More

10 Top Considerations For Those Buying Property Abroad

Are you one of a growing number of people considering... Read More

Real Estate News

Happy New Year, Make it a better world. "Pay it... Read More

Why Canadian Real Estate is Such Good Value

Real estate agents, Canadian citizens and foreign investors interested in... Read More

Basic Tips for First Time Home Buyers

Choosing a first home can be a daunting task, but... Read More

A Possible Bargain: Foreclosed Properties

In the superheated San Francisco Bay Area property market, foreclosed... Read More

An Overview of Easements

Title insurance is generally associated with insuring a purchaser's or... Read More

Home Buying ? School District Issues

A good school district is a key factor in home... Read More

Working With Your Real Estate Attorney

Purchasing or selling a home will probably be one of... Read More

Conversation & The Real Estate Investor

One key that makes investors is conversation or should I... Read More

Do You Know What Design/Construct (or Design/Build ) Means? I Think You Should!

These real questions on 'How To' build are answered by... Read More