Get Rich or Die Broke

<h1>Get Rich or Die Broke</h1>Author: <a title="CTREIA" href="http://www.articlesbase.com/authors/ctreia/81886.htm">CTREIA</a>  
Get Rich or Die Broke 
 
The 21st Century Guide to Investing in Real Estate in Today’s Market 
When it comes to real estate, everyone has an opinion.  TV analysts, newspaper writers, bloggers, and individual investors are all part of a machine that often gives out misleading and inaccurate information – which could explain why some never complete their first deal or never take their game to the next level.  Real estate remains the profession in which more people than in any other have achieved their American dream and/or have become millionaires.  Some might argue that my success in real estate at the level and speed at which I accomplished it is therefore impossible to duplicate.  This could not be further from the truth.  In fact, my goal is to teach you how to become better than me, make fewer mistakes, be more efficient, and more importantly, do it all by being yourself. Remember that a wise man learns from his mistakes and genius learns from other peoples mistakes.
Who Was The First Real Estate Millionaire?
It is notable that America’s first millionaire was a real estate investor.  In the late 1700s, John Jacob Astor was a trader who made his money trading fur, silk, tea, and fine china.  But in the 1830s, Astor started investing in New York real estate, and before long he became known as Manhattan’s landlord.  He is probably one of the most dominant real estate investors of all time. In fact, when he died his estimated net worth was $20 million, which translates to approximately $450 Billion in today’s dollars.  Astor’s story is not only inspiring but reinforcement that real estate will always be the greatest investment.
Don’t reinvent the wheel – make it go faster
One of the biggest mistakes many new and active investors make is their unprecedented need to reinvent real estate.  Although I strongly believe you must do business differently than others to succeed, I do not think you need to change the way the game is played.  Just use what’s there, make the wheel go faster, and put your personal touch on it.  If you are going to succeed in the New Generation of Wealth and Success as it relates to real estate you need to abide my six principles of investing in real estate.
1)      Always buy properties below market value regardless of market conditions.
2)      Evaluate each real estate deal as if it were a business.
3)      Shoot for the long term, but evaluate and write down every exit strategy.
4)      A strong back office is more important than the property you buy.
5)      Don’t try to be anything but yourself.
6)      Keep investing in your education, no matter what the cost, as long as it relates to today’s market.  Knowledge and credibility are your keys to success.
7)      Investing in real estate with partners is the only way to go. 
The secret to making money is making your money work for you, and in my opinion, real estate is the best way to achieve that.  If the real estate can carry itself, enjoy the benefits of appreciation, and grow with partners you are well on your way to becoming a very big success.  By the age of 27, I have bought and sold more than 500 properties in a four-year span without using my own money, and without credit or experience.  That is nothing compared to what my students and I will accomplish over the next two to three years, as one of the greatest times to buy properties below market value is upon us.
Remember successful people are willing to do what unsuccessful people won’t. Success is not a matter of chance but a matter of choice, this is the time to make your move and I promise you that great wealth and success are upon you. How do I know this? Well I still spend 80% of my time buying and managing real estate in today’s market and this is one real estate wave I want to ride all the way to financial freedom.
If you want to learn more about investing in real estate I highly recommend you join us in Bristol Connecticut on October 25th - 26th at the 2008 New England Real Estate Conference & Tradeshow.  I will be doing a presentation on my "No Money Down Real Estate Business Blueprint" so be sure and join us there.  You can learn more by going to <a href="http://www.newenglandrealestateconference.com"><a target="_blank" href="http://www.newenglandrealestateconference.com">http://www.newenglandrealestateconference.com</a></a>.
Happy hunting,
J.T. Foxx
Active Real Estate Investor, 
Radio Personality, 
National Speaker & Trainer, 
Author & Entrepreneur  About the Author: The Connecticut Real Estate Investors Association is the largest real estate investors association in the Northeast. It's mission is promote the understanding and development of it's members knowledge of real estate and encourage others to invest in real estate.Article Source: <a href="http://www.articlesbase.com/">ArticlesBase.com</a> - <a href="http://www.articlesbase.com/real-estate-articles/get-rich-or-die-broke-563827.html" title="Get Rich or Die Broke">Get Rich or Die Broke</a>

The 21st Century Guide to Investing in Real Estate in Today’s Market

When it comes to real estate, everyone has an opinion. TV analysts, newspaper writers, bloggers, and individual investors are all part of a machine that often gives out misleading and inaccurate information – which could explain why some never complete their first deal or never take their game to the next level. Real estate remains the profession in which more people than in any other have achieved their American dream and/or have become millionaires. Some might argue that my success in real estate at the level and speed at which I accomplished it is therefore impossible to duplicate. This could not be further from the truth. In fact, my goal is to teach you how to become better than me, make fewer mistakes, be more efficient, and more importantly, do it all by being yourself. Remember that a wise man learns from his mistakes and genius learns from other peoples mistakes.

Who Was The First Real Estate Millionaire?

It is notable that America’s first millionaire was a real estate investor. In the late 1700s, John Jacob Astor was a trader who made his money trading fur, silk, tea, and fine china. But in the 1830s, Astor started investing in New York real estate, and before long he became known as Manhattan’s landlord. He is probably one of the most dominant real estate investors of all time. In fact, when he died his estimated net worth was $20 million, which translates to approximately $450 Billion in today’s dollars. Astor’s story is not only inspiring but reinforcement that real estate will always be the greatest investment.

Don’t reinvent the wheel – make it go faster

One of the biggest mistakes many new and active investors make is their unprecedented need to reinvent real estate. Although I strongly believe you must do business differently than others to succeed, I do not think you need to change the way the game is played. Just use what’s there, make the wheel go faster, and put your personal touch on it. If you are going to succeed in the New Generation of Wealth and Success as it relates to real estate you need to abide my six principles of investing in real estate.

1) Always buy properties below market value regardless of market conditions.

2) Evaluate each real estate deal as if it were a business.

3) Shoot for the long term, but evaluate and write down every exit strategy.

4) A strong back office is more important than the property you buy.

5) Don’t try to be anything but yourself.

6) Keep investing in your education, no matter what the cost, as long as it relates to today’s market. Knowledge and credibility are your keys to success.

7) Investing in real estate with partners is the only way to go.

The secret to making money is making your money work for you, and in my opinion, real estate is the best way to achieve that. If the real estate can carry itself, enjoy the benefits of appreciation, and grow with partners you are well on your way to becoming a very big success. By the age of 27, I have bought and sold more than 500 properties in a four-year span without using my own money, and without credit or experience. That is nothing compared to what my students and I will accomplish over the next two to three years, as one of the greatest times to buy properties below market value is upon us.

Remember successful people are willing to do what unsuccessful people won’t. Success is not a matter of chance but a matter of choice, this is the time to make your move and I promise you that great wealth and success are upon you. How do I know this? Well I still spend 80% of my time buying and managing real estate in today’s market and this is one real estate wave I want to ride all the way to financial freedom.

If you want to learn more about investing in real estate I highly recommend you join us in Bristol Connecticut on October 25th - 26th at the 2008 New England Real Estate Conference & Tradeshow. I will be doing a presentation on my "No Money Down Real Estate Business Blueprint" so be sure and join us there. You can learn more by going to http://www.newenglandrealestateconference.com.

Happy hunting,

J.T. Foxx

Active Real Estate Investor,

Radio Personality,

National Speaker & Trainer,

Author & Entrepreneur

The Connecticut Real Estate Investors Association is the largest real estate investors association in the Northeast. It's mission is promote the understanding and development of it's members knowledge of real estate and encourage others to invest in real estate.

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