What a great way to start a week. I received a call Monday morning from Michael. Michael is a student that has been with my program for three and a half months. Michael came to me looking to start as a newbie. He wanted to become an entrepreneur. He wanted to start living life on
One of the questions I get asked a lot is, “Ernie, what type of real estate leads is the best? Is it probate, pre-probate, inherited, reverse mortgage, or some other lead we don’t know about?” The truth is you can find amazing deals and incredible success in all of these leads. What really matters is
On Wednesday, I told you that I got screwed over by someone when they went behind my back to steal a deal from me. The Lord’s Prayer says we have to forgive others or we won’t be forgiven ourselves. That happened right about three years ago and I’m still a little angry about it. I’ve
My 13 year old daughter, Rebecca, got into soccer a few years back. When she started, she had zero experience. Back when I was a kid, that was no big deal. Nowadays, it seems like parents are grooming their kids to become pros as soon as they are able to walk. But she was excited
He was old and clueless…and I took advantage of that. I have a 65 year old student who came to me with absolutely zero experience in real estate.Have you heard the term “wet behind the ears”? This guy wasn’t just wet, he was drenching wet. Most people think this is a problem. To be fair,
Growing up, my mom didn’t have a lot of money. In fact, when my mom was pregnant with me, she was literally homeless. Over time her financial situation slowly improved, but it was never that great. For mom and I, going to McDonald’s was literally fine dining. I used to LOVE their Chicken McNuggets. If
Over the year’s I’ve discovered that there are a lot of obscure and even strange holidays that people celebrate.There’s a National Lost Penny Day (Feb 12), International Beaver Day (April 7), and even a National Hairball Awareness Day (April 30). But today is different. Today is important. Did you know that the first Monday of
Have you ever walked into an appointment and the room had a distinct negative vibe? I’m not talking about new age voodoo or anything like that. I’m talking about meeting with a seller who seems to be in a negative funk. Most investors chalk it up to bad luck and move on. There’s a way
I was on a coaching call with one of my students yesterday. Adam is a young man just getting started in real estate investing. I love working with students like Adam, because he reminds me of myself when I got started in real estate over 20 years ago. Like Adam, I was very young and
On Friday I talked about the supply and demand problems with real estate and how you can find a secret treasure trove of properties to cash in on. There’s another issue going on in the housing market, but it’s one that is not easily understood using simple economics. Why? Because the government has been heavily
Two weeks ago I was in Utah at a mastermind for real estate investors. I absolutely LOVE masterminds. It’s such an effective way to figure out how to get past personal and professional hurdles, catapult your business lightyears ahead, and make giant strides to achieve your lifestyle goals. Don’t worry, I’m not going to try
My son has grown up rehabbing houses that even his friends have gotten to jump in on the action. My kids have grown up rehabbing houses right alongside me. Kathy and I homeschool our kids so we’ve always been able to shift our schedules around so we can at time work as a family. And
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