Tami Roberts’ World @ the Beach
Feature Article: Stay focused on your wealth-building plans
Special Opportunity: The 80/20 Approach to Hassle-Free Rental
Income
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Tami Roberts’ World @ the Beach:
I spent last weekend staying at a beach condo (it’s for sale) with
my two 15 year old nephews Carter and Forest, and my 9 year old
grandson, Doug. It’s been years since I just went to the beach to
have fun and sit in the sun. I actually burnt just sitting under
the umbrella most of the time watching the boys. They boogie board
surfed and road the skim board. Doug played in the surf for a
solid 4 hours and then I forced him to get out so we could go to
the concert and fireworks at the Wharf. Captain Richard and Nita
took us out on the Gray Ghost to dolphin watch and we got a bonus
fireworks show, too! If you’re thinking about doing a dolphin
cruise ask me for Captain Richard’s number, they cruise every
evening at 6pm from Orange Beach.
You can check out our beach photos on my facebook at:
http://www.facebook.com/album.php?aid=27422&id=1490453373&ref=nf&__a=1
We’re headed to The Track right now to ride the go-karts!
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Feature Article: Stay Focused on Your Wealth-Building Plan
I heard an interview with Stan Richelson, during which he said
something that I’ll never forget. He said:
“You can have anything you want in life. You just can’t have
everything.”
What does this mean to you? For me, it means that we have a big
choice to make with our lives. Do we want toys or financial
independence? Do we want stuff, or monthly income? Because you
can’t have both. You can only have one. Which one do you want? Most
people try to have both and struggle year after year.
I happen to think that was a big part of what caused this
recession’s severity. So many people used their primary residences
to fund big lifestyles — using home equity to purchase cars and
boats and go on fancy vacations.
If you choose financial independence, you must create a wealth plan
and follow it relentlessly. You must stay completely focused on
your plan. You must eliminate distractions. Distractions to your
wealth plan include:
-? Speculative Investment Opportunities (examples include hot stock
tips, commodities deals and more)
-? Expensive Stuff (examples include new cars, ultra-expensive
vacations, boats, clothes, etc. Things that go down in value after
your purchase.)
The more I observe people, the more I realize that they live
without a wealth plan. Or, if they do have a plan for wealth, they
get easily distracted from their plan. In Income for Life, some
members buy their first investment property and have great success,
but then lose focus. They move on to other things. This is a BIG
mistake.
Consider this quote from Tony Robbins:
“One reason so few of us achieve what we truly want is that we
never direct our focus; we never concentrate our power. Most people
dabble their way through life, never deciding to master anything in
particular.”
Are you focused on your wealth-building plan? Have you been
distracted? A lot of investors have because of this tough economy.
If so, now just might be the time to focus again.
What have you done this month to work your plan? What are you going
to do next month to work your wealth-building plan?
The Income for Life Wealth-Building Plan has three stages. Here
they are:
-1. Accumulate Assets
-2. Pay Off Assets
-3. Enjoy Income for Life (Financial Independence)
Many Income for Life members are in Stage No. 1, the asset
accumulation phase. A few are in Stage No. 2. The faster you move
through Stage No. 1, the faster you’ll get to Financial
Independence (Stage No. 3). Remember, money does follow speed.
One of the keys to moving quickly through the first stage is focus.
If you lose focus on your goal, you will not make any forward
progress. For example, if you start chasing hot stock tips for the
next three or four months, you’ll end up way behind in your IFL
wealth-building plan.
You must focus upon your goal each and every day. It must be your
dominant thought. A great question to ask yourself is: “What can I
do today to move closer to my Income for Life goal?”
I’ll be willing to bet that your life will change dramatically if
you start asking yourself this question, each and every day.
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Special Opportunity: Audio Training Series – The 80/20 Approach to
Hassle-Free Rental Income
If you own rental real estate, you probably have a few “war”
stories to tell of tenants from you-know-where. Most investors have
these war stories about problem tenants, and in most cases these
stories involve the investor losing time and money.
Looking back, I can now clearly see that most rental property “war”
stories have a common theme. The common theme from every story or
problem is:
Selecting the wrong tenant.
The 80/20 Rule, also known as Paretto’s Principle, states that for
many events, roughly 80% of the effects come from 20% of the
causes. In rental real estate, this means that the majority of our
problems come from a very limited number of factors. I would
actually take this further with rental real estate and say that 95%
of our problems come from selecting the wrong tenants.
You can now download a new four-part audio training course, “The
80/20 Approach to Hassle-Free Rental Income,” which will give you a
complete system for attracting and selecting the RIGHT tenants for
your properties.
In this special six-hour audio series, you’ll learn the most
comprehensive system for attracting and selecting the best tenants
for your properties. In fact, you’ll learn:
?How to attract tenans who pay the rent on time … every time
?How to eliminate property management hassles with tenants who live
by YOUR rules
?How to have fewer vacancies because you reduce tenant turnover!-?
The 5 skills you must develop to evaluate a tenant before renting
to them.
?Criteria you should be using to evaluate prospective tenants.
?And much more.
This four-part audio training series will give you a proven,
step-by-step process you can use to automatically select quality
tenants for your rental properties. This training will help with
any residential investment property including multi-family
properties, apartment buildings and single-family homes.
Download your “The 80/20 Approach to Hassle-Free Rental Income”
audio training series right now.
http://orangebeachvalue.com/user/8020ltr.htm
P.S. This is a fantastic audio training series for every real
estate investor – from seasoned veterans to raw beginners! Go to:
http://orangebeachvalue.com/user/8020ltr.htm
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Recommendations and Resources: What You Missed in July’s IFL
Newsletter
Here’s what you missed in the July edition of Rob Minton’s Income
For Life Newsletter – Valuable ‘how to’ strategies, examples, news,
& ideas. Every page – Every issue
Rob’s World: All that Glitters is Gold and Silver
Renegade Millionaire by Dan Kennedy
Shock Absorbers
How to Take “Live” Calls to Show Your Rental Properties
An Insider’s Look at a 24-Unit Apartment Building
It’s a Buyer’s Market in the World of Remodeling Costs
On the Shortness of Life
CD Audio Series: Asset Protections Strategies for Investors Who
Have Lost Value
Still not receiving the 12-page Income for Life Monthly Newsletter?
There’s an easy fix! Apply online at www.IFLapplication.com
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Have a great weekend!
Tami Roberts
P.S. I recently wrote about Foreclosures on my blog. Check it out
here:
www.MyFavoriteAgent.com
