Roadmap to Millionaire as an Investor

A Day in the Life of a Realtor Parody Episode #1

2010-07-23T18:38:00.000-07:00

How an Economy Grows and Why It Crashes

2010-06-28T18:35:00.000-07:00

Pessimistic outlook for US commercial real estate

2010-05-09T20:28:00.000-07:00

It could take a generation for the US commerical property market to return to the kinds of deals seen during the boom years of 2005 to 2007, according to analysts.

The prediction comes from real estate services company Jones Lang LaSalle whose latest analysis also shows that US commercial real estate sales fell 80% in the first half of 2009 compared with the same period a year earlier, and down an astonishing 93% from the peak in the first half of 2007.

The firm’s US Mid-Year Capital Markets bulletin shows that sales totalled $16 billion in the first half of this year compared with a peak of $231.4 billion in the first half of 2007. It also revealed that sales in the second quarter of $5.2 billion were the lowest on record.

From the peak of the market to the end of the second quarter in 2009, office asking rents fell on average 10 to 25%, office leasing was down 25 to 50% and commercial real estate prices fell 30 to 55%, according to the report.

The credit crisis, which accelerated at the end of last year, essentially shut down mortgage lending and other loans critical for real estate sales and refinancing, analysts point out. Although lending to selected borrowers has resumed somewhat, the US recession has pounded rents and occupancy rates.

‘It is unlikely that any true debt liquidity will return to the market until the middle of 2010 at the earliest,’ said Kenneth Rudy, president of Jones Lang LaSalle’s Capital Markets practice.

Prices for office buildings are not expected to begin to recover until at least 2012 because commercial real estate performance, which is based on job growth, lags the economy. The retail and lodging markets also will need additional time to recover as they depend on consumer spending and business travel.

Jones Lang LaSalle predicts that US investors will slowly begin to return to the market by the middle of 2010, though a return to the boom years of 2005 through 2007 will take a generation or longer.

Instead of $231 billion a year in deals, US commercial real estate sales are likely to hover around $100 million on average for the first several years of the next decade, the report concludes.

So even as the housing market starts to show signs of recovery, fortunes for commercial real estate are looking increasingly grim. The rate at which property owners are defaulting on loans is climbing at an unparalleled pace. Many banks are stuck with shopping malls, hotels and offices buildings they've repossessed and can’t sell.

‘The bottom line is defaults are exploding. It’s going to be worse than in the early 1990s. It’s terrible,’ said Richard Parkus, an analyst with Deutsche Bank.

The National Association of Realtors is also pessimistic and said a rebound isn’t likely until the second half of next year. And research firm Reis Inc says that defaults and late payments on commercial mortgage-backed securities may surpass 7% by the end of the year.

‘We haven’t seen the end of these delinquencies and defaults,’ said Edward Leamer, a senior economist at the University of California, Los Angeles, who added that there is about $3.5 trillion worth of commercial real estate loans held by banks, or tied up in commercial mortgage-backed securities or held by other institutions

Source: http://www.propertywire.com/news/north-america/pessimistic-outlook-for-us-commercial-real-estate-with-some-predicting-it-will-take-a-generation-to-200909043474.html

Rental Residential Rehabilitation Assistance Program — Rental RRAP

2010-04-28T11:29:00.001-07:00

Rental Residential Rehabilitation Assistance Program — Rental RRAP

The Rental Residential Rehabilitation Assistance Program (Rental RRAP) offers financial assistance to pay for mandatory repairs to self-contained units occupied by low-income tenants. This program is available in both rural and urban areas.

Who Can Apply?

You, as the owner of an affordable housing rental unit, may apply if your property is eligible. To receive a loan, you will enter into an agreement that places a ceiling on the rents that you may charge after the repairs are completed and limits rent increases during the term of the agreement. You must also agree to limit new occupancy to low-income tenants.

Eligible Properties

Your property is eligible if it meets the following:

It is owned by a private entrepreneur, a non-profit corporation, or housing cooperative that is not receiving government housing assistance;
It is a rental unit occupied by tenants who have income at or below established thresholds where pre and post RRAP rents are below the established levels for the your local area;
The property is at least five years old and lacks basic facilities or requires major repairs in at least one of the following areas: heating, structural, electrical, plumbing and fire safety;
A legitimate landlord and tenant relationship exists. Rents being charged can be confirmed.

Eligible Repairs

Eligible repairs include mandatory repairs required to bring properties up to minimum levels of health and safety. The quality of the repairs should extend the useful life of the dwelling for at least 15 years.

Ineligible Properties

Hospitals, motels, hotels, bed and breakfasts, residential-care facilities, or special-purpose projects.

Ineligible Repairs

Any repairs carried out before the Rental RRAP loan is approved in writing are not eligible.

Financial Assistance

Assistance is in the form of a fully forgivable loan of up to 100 per cent of the cost of eligible repairs. The amount you could receive is based on the cost of mandatory repairs and the number of eligible units in your rental property. If the cost of mandatory repairs is more than the maximum forgivable loan available, you, as the owner, will be required to cover the additional cost.

The maximum amount per unit you could receive varies according to the three geographic zones:

	Maximum Loan/Unit
Zone 1: Southern areas of Canada	$24,000
Zone 2: Northern areas	$28,000
Zone 3: Far northern areas	$36,000
Additional assistance may be available in areas defined as remote.

Other Assistance Available

Landlords and homeowners may also be eligible for assistance to improve accessibility for persons with disabilities or seniors with an age-related difficulty.

Contact Us

To find out how to apply for financial assistance or for more information about these programs please call CMHC toll free at 1-800-668-2642 begin_of_the_skype_highlighting 1-800-668-2642 end_of_the_skype_highlighting.

Replacing Your Furnace - Greatly lower Operating expenses by 10-35%

2010-04-28T09:39:00.000-07:00

Replacing Your Furnace

There are usually two major reasons why you are choosing another forced-air furnace. The first is that your furnace does not function. It has just broken down, irrevocably, or it has been “red-tagged” or condemned by gas inspectors. If it is winter, and your house is getting colder quickly, you may not have the luxury of making a reasoned choice on what to buy next. The other situation is that your furnace is getting old, or your fuel bills are becoming too excessive to tolerate. In this case, you have the time to shop around and get the best furnace and fuel for your situation.

This About Your House is written to address both situations. If you have a dead furnace and a chilly house, you will probably take some shortcuts in your selection process.

Choice of Fuels

For many years, CMHC and others could offer sound advice on what fuel choice would be the most economical. During that period, heating systems based on electricity or propane cost the most to operate. Heating oil was somewhat more economical, and natural gas (if available in your community) was the least expensive choice.

Since 2000, the prices of these commodities have been fluctuating, and it is difficult to offer reliable advice on pricing. At one point in 2001 – 2002, heating with electricity in Manitoba was as economical as heating with natural gas. Predicting these prices over the next two decades (a common life span for a furnace) is nearly impossible. The best advice is to make a calculation based on the current prices quoted to you in your locality. See the text box entitled “Calculating fuel costs”.

Calculating fuel costs

Here is a rough comparison of the relative costs of heating an older house in Ottawa. You can put in your own fuel prices and the efficiencies of the appliance that you are choosing to compare relative costs.

Note: It is often difficult to isolate the cost per unit of fuel, be it gas or electricity. Include all the costs that relate to the m³ of consumption for gas (for example, gas supply charge, gas delivery charges, gas surcharges). Electric utilities often also have a bewildering range of charges. Apply all the charges except fixed charges (for example, $10/month connection charge).

For oil appliances, use an energy content of 38.2 MJ/litre of oil. For electricity, use 3.6 MJ/kWh and 100-per-cent efficiency.

Note: 80 GJ (or 80 gigajoules) is the energy required for heating the example house over the winter (heat load). Your own house will likely be different. However, the relative costs calculated for alternative fuels and furnaces in the example house should help you make a selection for your house. For a calculation that includes a wood furnace, consult CMHC’s publication A Guide to Residential Wood Heating.

Furnace Sizing

You probably do not need a furnace with the output of your current furnace. Most furnaces in Canadian houses can provide far more heat than the house requires. A properly sized furnace will be running almost continuously during the coldest day of the winter. Having a furnace of a correct size will result in efficient operation during the whole heating season. A grossly oversized furnace will run only for a short period, never coming up to peak efficiency. Note, however, that sizing may not be a big issue with high-efficiency, condensing gas furnaces. Due to the design of condensing appliances, they are efficient even when oversized.

So, how do you size your furnace? You can have the contractor use a home heat loss calculation that is available from Canadian Standards Association (CAN/CSA F280) or a sizing procedure from the Heating, Refrigeration and Air Conditioning Institute of Canada (HRAI). Having a proper sizing will cost you $150 – $300 from a qualified contractor.

Those who keep their heating bills, and who are mathematically inclined, can try the calculation in the text box entitled “Calculating house heat loss from utility bills”.

Calculating house heat loss from utility bills

Here is a sample calculation, using a three-month meter reading for a typical house. You can use any period (but at least two weeks of winter weather is necessary). You can either read the meter yourself for the information, look at your furnace bills or phone your utility to see if they have appropriate records. The natural gas usage of other gas-fired appliances in the house is estimated from gas utility data and subtracted from the total for the period in question, so that the gas requirement for heating can be isolated. (Oil furnaces are harder to size using this method, but it may be possible using oil fill-up intervals and the number of litres delivered.)

The goal is to find a relationship between the gas consumed and the heating degree days (HDD). A heating degree day is essentially the number of degrees of heating required over the course of 24 hours, compared to a reference temperature of 18°C. For example, if the average daily outside temperature is 10°C, then the number of heating degree days for that day is 18°C - 10°C = 8 HDD. You can get the approximate HDD for your calculation period from the Environment Canada website at: http://climate.weatheroffice.ec.gc.ca/climate_normals/index_e.html.

Use the data from the “Degree Days: Below 18°C” row.

Once the relationship of the HDD and gas consumption is established, then you can calculate gas consumption for the design temperature in your area. The design temperature is the coldest temperature that can be expected in your area and is usually available from Environment Canada, a mechanical contractor or your local building officials.

The example below uses a design temperature of -35°C. At that temperature, the maximum HDD per day is equal to 53, which is the difference between 18°C and -35°C. Calculating the size of the furnace necessary on the coldest day of the year will mean that the furnace has the capacity to handle any expected local temperature. You can find a furnace’s efficiency rating on its EnerGuide label or in the product documentation.

Example

Total gas consumption from December to March = 1,320 m³

Estimated consumption for other gas appliances (data from utility) = 306 m³

Therefore, gas consumption during the period for heating = 1,320 - 306 = 1,014 m³

Heating degree days for that period (from Environment Canada data) = 2,840 HDD

Heating consumption by degree day = 1,014 m³/ 2,840 HDD = 0.3570 m³/HDD

Heating consumption at 53 HDD/day = (53 HDD/day)(0.3570 m³/HDD) = 18.9 m³/day

Where gas has an energy content of 37.5 MJ/m³, and the existing furnace has an efficiency of 72 per cent, then:

Heat loss at 53 HDD/day = (18.9 m³/day) (37.5 MJ/m³)(0.72) = 510 MJ/day or 21.3 MJ/h

According to the energy content of electricity, 3.6 MJ/h = 1 kW, then 21.3 MJ/h = 5.9 kW

This heat loss would require a furnace that produces an output of 5.9 kW or about 20,100 Btu/h (1 kW is approximately 3,412 Btu/h).

If we allow the CAN/CSA F280 permissible oversizing of 40 per cent, then the proper furnace sizing would be (1.4)(20,100 Btu/h) = approximately 28,100 Btu/h.

If you are calculating for an oil furnace, heating oil has an energy content of 38.2 MJ/litre.

Furnace Efficiency

There is a wide range of furnace efficiencies, although only high-efficiency gas furnaces are sold in Canada as of 2010. The range of efficiency will vary by fuel.

Electric furnaces work on electric resistance. The full 100 per cent of the energy consumed goes towards the heating of the house. The inefficiencies with electric heating happen before the electricity reaches your house. If the electricity is created by burning fuels, there are inefficiencies in that process plus losses as the electricity moves through the lines.

Oil furnaces have become far more efficient since the height of their popularity in the mid-twentieth century. Efficiencies have risen from roughly 60 per cent to well over 80 per cent as a result of advanced technologies — first to flame retention head burners and then to high static pressure burners. The more efficient oil furnaces require a better chimney than their conventional counterparts, so you will probably need to upgrade the chimney with a stainless steel liner inside the old clay tile. Make sure this is included in the quote.

Failure to have a properly sized chimney will result in excessive chimney condensation and eventual destruction in the case of masonry chimneys. There are high-efficiency, condensing oil furnaces as well. Earlier versions had reliability problems. The new generation, launched in 2003, may have resolved these difficulties.

New gas furnaces in Canada are high-efficiency (89 – 96 per cent) condensing furnaces. The high-efficiency furnaces use a plastic vent and are most often vented out the side wall. Propane furnaces are usually modified natural gas equipment.

So… What do I Buy?

Here are the most common questions about furnace replacements to CMHC staff from Canadians, and our usual answers:

Should I switch my heating fuel?

In most parts of Canada, it will be more expensive to heat with an electric furnace than one using oil or gas. An exception would be if you heat primarily with a wood stove and use the furnace only infrequently as backup. In this case, the low cost and low maintenance requirements of an electric furnace may be a major advantage. Deciding between oil and gas furnaces is a matter of choice. Make the calculation to see if it is significantly cheaper to use one fuel or another based on current prices in your area. Oil furnaces require a tank and usually a chimney. There may be additional costs for chimney modification or oil storage tanks when purchasing an oil furnace. Some home insurance companies require periodic oil tank replacements. Check if a new gas furnace would also require relining the chimney. Consult with your contractor and make sure that these costs are included in your estimates.

Some dealers recommend a furnace of 100,000 Btu/h, and some say 80,000 Btu/h will be fine. How do I choose?

See the previous discussion on sizing. If you are buying an oil furnace, proper sizing will affect the durability and efficient operation of your appliance. Your choices are either to pay for a proper heat loss analysis, to calculate house heat loss or to accept the dealer's estimate. Sometimes government or utility programs subsidize house testing. If such a program is in effect in your vicinity, this can be an economical way to have your house heating load established.

Are there any advantages to multi-stage, multi-speed furnaces?

Multi-stage furnaces have become more popular lately, although they are more expensive than the single stage furnaces that have been sold for decades. Multi-stage furnaces have two or three levels of burner function, and an efficient, modulating circulation fan to move the heat into the house. They can provide additional heat when a quick temperature rise is required, such as in the morning when a house with a setback thermostat is being heated from 15°C to 21°C (59°F to 70°F). A traditional single speed furnace would take longer to get up to temperature. The multi-stage furnaces are no more efficient than single-stage furnaces; they offer more flexibility and perhaps more comfort.

Is Furnace "A" better than Furnace "B"? How can I find that out?

There is little or no available data to show that one manufacturer's furnace will operate longer and with less trouble than a furnace from another manufacturer. This is frustrating for consumers. We are used to being able to read ratings of one product versus another product and to make a choice based on those ratings. However, a good furnace will last 25 years. A poor one may break down prematurely at 15 years. With lifetimes of this length, and with furnace design and model changes, it is hard to predict which furnace will provide the best service.

There are two factors to help you in your choice. Pick a furnace with a long heat exchanger warranty, 20 years or more. If manufacturers are willing to back the most expensive part of their appliance for a long time, this should inspire some confidence. Also, pick a furnace manufacturer and a dealer that have been in business for a significant period of time. A furnace with a lifetime warranty offered by a company that has been in operation for only three years may not be the best deal. One would expect to pay less for this level of uncertainty. Look for contractors with memberships in trade organizations such as HRAI, which would indicate an interest in professional qualifications.

The Hot Water Heater Conundrum

There are very few high-efficiency hot water heaters available. Changing your furnace may lead to having to think about your hot water heater. Existing hot water heaters are often located vertically below the kitchen and bathrooms, where the water is used. If you are changing from an electric to a conventional gas hot water tank, and the new gas appliance has to be installed across the basement to be near the chimney, you will be waiting longer for the hot water at the tap. Consider a gas hot water tank that has side-wall venting and does not require a chimney. This way, it can stay close to the plumbing appliances that use it.

Another hot water tank issue can occur when you switch from a conventional gas furnace and hot water tank to a new, high-efficiency side-wall vented furnace. Now the hot water tank has to heat up that big chimney all by itself, and you probably will have to pay for chimney relining. It is often better, when choosing a chimneyless furnace, to switch your hot water tank to side-wall venting at the same time and seal the old chimney closed. However, side-wall vented hot water heaters are more expensive than conventional hot water heaters and can be noisier.

Instantaneous hot water heaters, which do not use a storage tank, are becoming more common. They may be more economical to operate.

Furnace Circulating Fan Choices

Most furnace circulating fans consume high amounts of electricity (300 – 700 watts). If you will be using your furnace circulating fan to move ventilation air around the house (for instance, if you have a heat recovery ventilator connected to it, or a high-efficiency air cleaner on the furnace), then look at upgrading the circulating fan to a high-efficiency DC motor. The best furnace fans now will use less than 100 W on low speed. This will result in considerable electrical savings over the life of the furnace.

Other Choices

When replacing the furnace, you may want to look at integrated systems that heat your house and your water and also provide ventilation. Devices known as “combo” units provide house and water heating. New appliances with advanced, integrated systems will provide ventilation as well as space and water heating. For some replacements, these integrated appliances will be your best choice.

Additional Resources

For further detailed information on all heating appliances, there are excellent booklets published by Natural Resources Canada in the Heating and Cooling Series.

Websites

Environment Canada — Canadian Climate Normals or Averages 1971 – 2000 (January 2010)

Heating, Refrigeration and Air Conditioning Institute of Canada — HRAI
(January 2010)

Natural Resources Canada: Office of Energy Efficiency — Energy Efficiency Rating System (January 2010)

Natural Resources Canada: Office of Energy Efficiency — Heating and Cooling Publications (January 2010)

Source: http://www.schl.ca/en/co/renoho/refash/refash_018.cfm

Analyzing a Return of Return on Cumberland Project

2010-04-19T11:07:00.001-07:00

Cap Rate Exercises

Property; 234 Cumberland street
Built: 50 years plus
Mortgage rate: 3.78%
Gross Operating Income: $46,500.00
Vacancy Expenses: $975.00
Operating Expense: $20,250.00

Formulas

Net Operating Income: $25,275.00
(Income - Expenses= Net )

Cap Rate of this building: 11.9 %
( Net Operating Income / Price )

Fair Market Value at Cap 10%: $ 252,750.00
( 1/ .01 = 10 X NOI = Fair Market Value )

Calculating Cash Flow of the Property

(Actual Rental income collected + Actual laundry + other income) minus actual operating expenses minus mortgage payment = cash flow

46,500- 20,250 -14,100 = $ 12,150

Calculating Cash-on-Cash Return

Cash Flow / (Down payment + capital improvements + closing costs) X 100 = Cash-on-Cash return%

12,150 / (65,000+6000+6000) *100 = 15.78 %

Calculating Cash-on-Cash factoring in principal pay down in mortgages

($12,150 + 5,500) / (65,000+6000+6000) * 100 = 22.9%

Canadian Real Estate Market- Coming Challenges for Investors

2010-03-31T12:53:00.001-07:00

The Roller-Coaster of Real Estate Market, with Bank of Canada calling the end to "emergency low rates" anytime soon. Real estate investors must be prepared to deal with the change in raising costings of interest. Just One percentage point hike in a 2,000,000 portfolio will mean losing 20,000 dollars per year to interest- Coming to around 1,666.66 per month. However a more realistic guess on the market is half a point per year because of our dear US Neighbors- whom is having great difficulties with their unemployment rates - above 10%. Because we are still doing most of our business with our neighbor, our currency are not encouraged to be valued higher (Above Par) by adding more interest - and Bank of Canada know that. If Canadian dollars are higher than the US dollar, we would experience poor export due to expensive dollars on buying Canadian goods, therefore leading to more job losses for Canadians.

Another Issue Investors should be aware of is the uncertain market in Vancouver, with new HST implications affecting higher rental costs. The best case for this market is a sideways movements. Rental Prices are already least affordable compare to the rest of Canada. I suggest a strategy for investor is either to Refinance their properties (3%-4%)and invest the differences on other higher yield markets (9%-13% in Thunder Bay) to offset the cash-flow risk that may hit the Vancouver market anytime. If you can't afford to refinance and ride out the market for 3 to 5 years in Vancouver, then I guess just cashing out your profits.

Those that are running a High Debt Ratio on their investments should take extra caution and keep updated on market news at these times. Surviving is key to successful investing during uncertain times. Letting go some of your Negative Cashflow properties and holding some cash or changing it to high yield properties is the solution. Review your current portfolio and start planning how to allocate for your next investment.

The Story of STUFF

2010-03-16T00:14:00.000-07:00

Check this Youtube video out!

FULL PENTHOUSE CONDO By Skytrain Station Affordable & Convenient

2010-03-03T08:50:00.000-08:00

View larger image

Date Listed	03-Mar-10
Price	Please contact
Address	55 Tenth St, New Westminster, BC, Canada View map
Bedrooms (#)	1 bedroom
Bathrooms (#)	1 bathroom
Vacation Type	City
Pet Friendly	No
Available	03-Mar-10 to 01-May-10

our own Fully Furnished Private Highrise Penthouse near Skytrain station for only $50/night.

We are only 2 minutes away from the New Westminster Skytrain station!

You'll be staying in a 542 square feet fully furnished penthouse unit with a balcony.

-fully equiped kitchen,
-full bath with tub
-master bedroom with large Queen bed
-Living room with a pull-out bed (Queen size futon), TV & DVD
-In building laundry
-Free parking stall

Enjoy the convenience of a fully equipped kitchen too! We're across the street from shopping (IGA supermarket) & restaurants.

Ask for discounted rates if you're staying longer!

Call 604 862-6873
Patrick/Doris

Ever Growing Challenging Demands of Life

2010-02-26T12:20:00.000-08:00

(Still from The Other 8 Hours- book) Data is in U.S

Working more- It's not just you. We're all working more than we used to. The federal Bureau of Labour Statistics reports that we worked five more hours a week in 2006 than we did in just 2003!

Vacationing less- It's hard to get away, and many people are giving up on it. while most other developed countries around the requires that their workers receive paid vacation time, the United States does not. Nearly a quarter of workers in this country don't receive any paid vacation time.

Commuting longer- Extreme commuters are defined by the U.S Census Bureau as those who travel more than ninety minutes to work each way. Sound crazy or impossible? The U.S. Census bureau says that 3.4 million extreme commuters are the fastest growing group of commuters in the United States. That's twice as many there were in 1990.

More Stress- One third of Americans are living with extreme stress, and nearly half of Americans believe their stress has increased over the last five years. "persistent and excessive stress or anxiety in their daily lives"

Increased Fear- The only thing we have to fear is - everything. Anxiety disorders are the most common mental illness in the United States- affecting forty million of us (one in five adults)

Three billion-plus job applicants- There are about three billion people in developing countries who are desperate to improve their lives and hungry for work. They've entered the global workforce, resume in hand. They are willing to work longer hours for less pay and no benefits. "Job Security" has become an oxymoron for many.

Fewer close friendships- According to a recent survey, there's a good chance that you have fewer people sharing important matters with you.

Having less sex- Approximately forty million Americans have what experts call a sexless marriage- that is, they have sex less than ten times a year.

Getting Fatter- We're getting bigger and we're doing it at breakneck speed.

Happiness plateaus- Despite advancements in health care and technology, we are not any happier than we were twenty years ago.

The Living Dead and the Dead Broke

2010-02-25T12:49:00.000-08:00

Why It's So Hard to Get Ahead - ( The Other 8 Hours- Robert Pagliarini)
-Short story from the book- edited and summarized-

Josh rises early each morning. He starts each day with a nutritious breakfast.
After that he uses his time to stay up-to-date on current events and engaged in world affairs.
After a morning of engaging the mind, Josh likes to get his blood pumping.

After his exercise, he rests and get ready to eat lunch-small and nutritious.
Friends are important to Josh, so he likes to spend the afternoons socializing.
Josh is an avid reader and writer. He often spends his afternoons writing and poring over books.

After an early dinner, Josh hits the gym for an hour or so. He follows this with a high-protein snack and a shower. He spends the last few hours before bed watching a little TV, reading, and writing.

Eric also gets up early. He takes a quick shower and fills his coffee before he navigates the street making the same forty- minute for over a decade.

A 30 minute lunch break becomes an island of solitude in an otherwise stressful day. He slams a quick sandwich and more coffee. He is only half way though the day.
He mentally checks out as he clocks out at the end of the day. His drive home takes over an hour. Eric spends this time decompressing by listening to music.

He greets his wife, who also just came home from her job. She laments about a particularly tough day, and they decide to splurge a little. They talk about doing dinner and movie, but just go to McDonald's. Eric and his wife are struggling with debt. They owe more than $10,000 and the high interest rate are killing them. They had to cancel their Internet service and one of their cars was recently repossessed.

They spend the last few hours of the night watching TV before they pass out.

-------------

Josh is learning advancing and growing. He takes care of his body by eating a balanced diet and by exercising five days a week. He keeps his mind sharp by staying abreast of current events in his community and around the world. He devours information in books and invests a great deal of time writing and being involved in his favorite causes. Even when things get a little chaotic, he still makes an effort to stay connected to friends and family. He feels like there's nothing he can't do.
--

Eric has the same 24 hours in each day, but his life is very different. He spends much of it focused on work - getting ready for it, engaged in it, driving to and from it, and wishing he didn't have to do so much of it. His body suffers from his poor eating habits and lack of exercise. He feels and looks older than he is. He wants to escape his life and the mountain of debt and unpaid bills to a whole new life. He had dreams and goals, but they have been pushed aside and buried for years. He can tell you who won the big game last night, but he has no idea what's happening in his local community or in national politics. He'd like to hit the "undo" button on the last decade. He'll tell you that his days bleed together. He's not learning, advancing, or growing. He feels like a prisoner.

-----------

There are people like Josh and Eric in small towns and big cities across the country - regular people just living their lives. But what's remarkable about these two is that they are both prisoners. One bound by life and the other by chains. Josh is an inmate at a California federal prison and Eric happens to be a prison guard. (by the way, Josh and Eric are real people. Josh is a journalist who wrote about prison life after refusing to turn over videos he took during a demonstration. And Eric's story is in New York Times.

You think you're free, but are you really? Eric has all the freedom in the world but no time to invest it or enjoy it. On the other hand, Josh has nothing but time to read, exercise and develop. Maybe this isn't a fair comparison, but if things have gotten so crazy that the only way you can get time is to "do time" then something is definitely wrong.

You are faced with the same choice every single day. You can choose to just" do time" or you can choose instead to use and invest it. Unfortunately, most of us have chosen to turn on autopilot and cringe through another day. The good news is you don't have to commit a felony to get some time for yourself. As you'll learn in coming chapters, it only takes a little time, focus, and desire. But before you can get more time, get a life, and get more money, you need to snap yourself out of this coma you're stuck in...

Class Day Lecture 2009: The Uniqueness of Humans

2010-02-06T16:18:00.000-08:00

Interesting insight about human psychology

http://www.ted.com/talks/robert_sapolsky_the_uniqueness_of_humans.html

Vacation Rental Suite Availiable !

2010-01-30T15:40:00.001-08:00

Warm welcome Letter from my Mentor Tony

2010-01-27T22:44:00.001-08:00

Tony Maygoli January 24 at 12:29pm

hi patrick,

glad to hear from you too, how is everything with you?
how is real estate going for you?

i hope you are doing great as usual, i always talk about you when i want to inspire new people and tell them about your story. they get very inspired and they see that everything is possible.

so you are one of my best friend and student that made me proud and the more successful you get the more happy and proud i get.

keep up the great work, and you can always count on my friendship.

i am still traveling, last year more than 8 months and this year i might even make it more than that:)

i see that there are a lot of possibilities around the world.

as you might know i have changed my line of work and i do a lot of workshops, game design!!!!! who could have thought of that!!! :)

anyway this gives me a chance to travel and help a lot of kids for their educations.

when i come back we should get together and go for a chat.

take care,

your always friend and mentor,

tony

Condo Hunting

2009-12-17T18:44:00.000-08:00

Condo hunting Condo expert Jai Wadhwani reveals six key things investors should research before purchasing a condo unit

Dec 16, 2009 - Buying a condo unit as an investment property can be tricky, but if you consider several key fundamentals, you are more likely to end up with a winner. As always, each of these areas should be carefully examined and the more information you can gather, the better.

1. LOCATION

With location comes all factors that define an area, including amenities that are close to the development. For example, investors should check out the local neighbourhood's transit, retail stores and restaurants, entertainment centres and offices or places of employment. You will be able to sell or rent your unit based on a potential buyer's and renter's desire to be close to work or shopping facilities. You will then have an advantage over another property, which may be a safe location, but doesn't offer anything extra or meet the specific needs of a client.

2. LAYOUT

The layout of a condo can allow you to increase the selling price between $20,000 and $50,000. You can do this by paying close attention to the details of a project. For example, if there is a one-bedroom plus den and the den is large enough to convert to another bedroom, this increases revenue because now your unit is in the two-bedroom price range. Before buying, always look for ways to make improvements on any given unit.

3. POTENTIAL PROFIT MARGIN

Look at several similar units and determine an average price per square foot. Once you have this figure, you can look at what the current market value is and compare it to nearby developments. If yours is higher or lower in value than others with the same projected occupancy dates, then you may want to compare such factors as what finishes or features are being offered in your project. This is also where your agents' expertise comes in handy. For example, project one has granite counters and offers stainless-steel appliances with hardwood floors. Project two does not come with granite, has white appliances and carpet versus hardwood floors. Some buyers may pay between $8,000 and $10,000 more on the purchase price for project one. You may even be able to increase the rent based on a market that would pay extra for these features.

4. FUTURE DEVELOPMENTS

It is important to know about future developments like what residential and commercial buildings will be coming up near your investment. For example, if you are aware of a future condominium being built within proximity to your investment, find out what they may have to offer compared to your development. An agent will be an excellent tool as they may be in contact with certain builders in the area. Look at both advantages and disadvantages. This will help you determine what factors to point out to a potential buyer or renter and make your unit stand out amongst the masses.

You will also want to look at any upcoming commercial developments such as a grocery store or a coffee shop. These are great selling points to a potential buyer or renter and point to economic growth in any given area.

5. BUILDING AMENITIES

Being aware of what amenities your condominium offers over other buildings will help determine the price point. For example, you can look at a building with high-end amenities. While the amenities are excellent and better than any other building nearby, will your buyer or renter be willing to pay for it? There must be a price tag attached, either in the purchase price or in the maintenance. Some people, for example, may prefer location over amenities as they may not use the gym or pool. Find out what renters in the area prefer, as this will help you determine which development is the right one for you.

6. WHAT IF SCENERIO

If you're buying off the plan, consider what will happen by the time the project is complete. What will happen to the market in two, four, 10 years? Make sure you look at all aspects and plan for the long term. What if you can't sell the unit? Will you be able to afford to carry it and for how long? What will your carrying costs be and how will that compare to the rent you receive? What if the unit sits vacant; how long can you last if there is no one to rent it? Be sure to go over all factors to ensure that you can handle a condo as an investment property.

Source: http://www.canadianrealestatemagazine.ca/news/39334/details.aspx

Donald Trump on The Millionaire Inside - Erin Burnett 1

2009-12-17T10:45:00.001-08:00

To Find out more about Donald Trump Click below,

http://en.wikipedia.org/wiki/Donald_Trump

World of Debt

2009-11-17T14:31:00.000-08:00

World of Debt

Concept of Money as an Instrument of debt

My view on finance system. Money is created in order to form a working system. It is neutral mean, neither positive nor negative.

Those that are weak manager of it are put into "slaves" of money - Debts. They become servants of it for the rest of their life. In exchange for money would have to sell their time - a piece of their life. We are all started this way, from the time we are born into this world, we are already indebted. Debt as our promises to repay our parents, our post-secondary education, student loans and our credit cards. Moving on from there is our first car loan, personal loans and all the way to mortgages for our first home when we move out. That debt is our obligation and responsibility.

On a traditional way of life, majority of us spent our whole life paying our debts. That is a fact we know, it is all part of a working system - neither positive nor negative - it is neutral.
Those that believe money is good or evil, is foolish for they attached emotions into it. It is simply a game where we are forced to play with our own lives.

Although, money it self is not evil, the holders of them can influence, control, manipulate and transform other people by using it as a tool. Those that are ignorant of it will stay manipulated loss their live rendering services for others, in extreme cases even against their own will to meet ends need.

Those that truly understands it, with the wits and will to use it, will tip the table back allowing them the freedom and benefits of materials goods in our working system.

( The Bankers system is a great example of such; issuing 35 years mortgage having the borrower spend the rest of their live working to service their debt. No one could escape that by renting, instead of owning a piece of property after the years, they will own nothing)

The difference between rich and poor, is not the difference between right or wrong, is not the difference of good and evil, but true understanding of finance (the usage of debt) works and turn the tie of the table to your own side.

And I intent to be one of those in control, I will leverage debt to my advantage to win this game of debt.

Investor
(Manipulator of Debt)

Patrick Leung

King Solomon's Success and Wealth and Happiness

2009-10-08T14:29:00.000-07:00

From his teachings..There's a Roadblock to our life to success, that is our inherent tendency to be lazy. The root cause of laziness as defined by him is: Self-centeredness, conceit (arrogance), ignorance, and irresponsibility -(he combines the last two into a single category - Foolishness)

To deal with laziness, we must know the root.

Self-Centeredness - Every man's way is right on his own eyes...
Seeing things from solely our point of view, will simply act in the manner that is most quickly gratifying to our ego and desires. What cause of action we could take that is in the best interest of everyone.

Conceit (Arrogance) - The sluggard is wiser in his own conceit than seven men that can render a reason...

We often think we are smarter than those around, we act without seeking advice from others.

Ignorance and Irresponsibility (Foolishness)- I went by the field of the slothful, and by the vineyard of the man void of understanding; And, lo, it was all grown over with thorns, and nettles had covered the face thereof, and the stone wall thereof was broken down.

Often result from our ignorance of our long term consequences of our actions. Be educated on the subject before action. Worst is irresponsibility- knowing what you should do, and choosing not to do it.

How to obtain Financing

2009-08-28T18:22:00.000-07:00

In today's market there are limited funds available for commercial financing.

Putting a proposal with your commercial lender definitely helps.

Here are some of the points to be include in your proposal:

+ Financing application in a clear, concise and organized manner

+ Details of opportunities with facts and documentation for income and expenses

+ Provide why are you investing in the ype of commercial property and the specific location

+ Highlight any potential problems and how you may counter them

+ Meet with the lender and take the time to explain your soild investment and how you maintain or improve performance and your exit strategy.

+ Hightlight your credibility - your company - your investing experience and prove information on your support team.

HST - Burnaby Board of Trade

2009-08-28T14:54:00.000-07:00

Yesterday Morning, I went to Burnaby board of Trade meeting to discuss with the trade member about the impacts of HST. So far the bottomline from my understanding is there will be changes in how business does their accounting, Real estate development sector getting screwed on their cashflow and such, so to expect higher housing prices. The restaurant sector is getting hammered too. There is alot of undecided how to handle the details of the taxes, we will just have to sit and watch what is coming.

The good news is Trade members voice are being listen to..

How to Accomplish Effective Due Diligence

2009-08-24T15:13:00.002-07:00

Concepts

Due Diligence by Definition - making sure things are right with inspections.
Letter of Intent - A sample at bottom
Formal Agreement
Inspection and Review Period
Environmental Inspections
Easements
Encroachments
Code Violations
Zoning Use
Allowed Use

A simple Letter of Intent

Dear Property Owner,

My name is _______ and I am a real estate investor from Vancouver, BC. In a recent visit to your area I become aware that you may consider selling a shopping center you own. I would like to purcahse that center and I will pay you $10,000,000 cash at closing. The closing will occur 60 days following my approval of my due diligence, and I will have a reasonable time to complete the necessary inspections. This time will be detailed in the formal agreement once the seller has supplied the buyer with proerpty data.

If I do not approve of my due diligence inspections and review for any reason whatsoever, then I may withdraw from the contract, and any deposit placed in escrow by me, as indicated by the terms of the contract, will promptly be refunded to me. If this is acceptable to you (the seller), then so indicate below and I will have my lawyer draft the formal agreement for your review. That document will be in your hands within five working days from your notice to me that these or any other mutually acceptable terms are accepted by both parties.

As this is a letter of intent and not a formal contract, no binding agreement to purchase and sell will be in effect until the parties have executed a formal agreement. However, both parties agree that they will act in good faith in the negotiations of this agreement, and if this or a subsequent letter of intent is acceptable to both parties, the seller agrees not to negotiate with any other party for the sale of this property for a period of 30 days so that the formal agreement can be drafted, reviewed, and if acceptable, executed.

If I don't hear from you on this matter by noon this coming Friday, then this letter of intent shall be considered null and void.

Sincerely

________

How to Accomplish Effective Due Diligence

2009-08-24T15:13:00.001-07:00

How to Build An Effective Commercial Real Estate Comfort Zone

2009-08-24T14:22:00.000-07:00

Goal: Steps Necessary to Establish Comfort Zone

Concepts to Build your knowledge

Listings Services
FSBO
Active listings
Tax Assessor
Map Quest
Zoning Maps

Initial Comfort Zones

1. Close proximity
2. Limited number of opportunities
3. Within one governing area
4. Well-defined area

Key Factors to Becoming Expert in your Area

1. Learn the simple things
2. Get the right tools
3. Keep records of important data
4. Research what happened in success stories
5. Build walls around your comfort zone

Comfort Zone Checklist

Building setback minimum allowed by zoning code
Building heights allowed by zoning code
Commissioners (city and county) for the zone
Emergency plans for storms or other emergencies
Fire code
Fire stations serving the zone
Libraries serving the area
Master plan for transportation and traffic ways for the zone
Nearest emergency room and hospital
Public transportation
Public parks in the zone
Residential density per acre allowed by zoning code
School districts
School locations
Shopping areas for the zone
Storm or emergency shelters
Utility upgrade plans for the zone
Zoning Codes

Choosing your comfort zone

1. Pick two categories of real estate you want to own
2. Discover what kind of zoning allow that use.
3. Review the city zoning maps for that zoning code
4. highlight the areas of town with that zoning
5. Drive around town and decide what areas appeal to you
6. Combine one or more areas until you have mini of 100 properties
7. Mark the boundaries of these areas.
8. Watch for notices of public meeting or homowner meeting pertaining to your zone
9. Begin to become an expert in each area.

Commercial Real Estate Investing - Education

2009-08-24T13:46:00.000-07:00

Book Summary:
Title: Commercial Real Estate Investing - 12 Easy Steps to getting Started
Author: Jack Cummings

"Hi, I just want to add some value and share some interesting way to get started."

Commercial Real Estate Defined:
Any Real Estate that has the ability to produce outside revenue or income for you as an investor.

Investment verse Use
A property that you wish to invest in, is a property that you will anticipate a profit at a future date.

A property that you intend to use may end up being a good investment, but your original goal is not to profit directly from the real estate, but rather, to profit from your personal use.

Comfort Zone

In order for you to invest and sleep at night, you need to cut out an investment area call the comfort zone where you know exactly what is going on.

Realistic Goal setting <--- Refer to my later posts on goal setting-it's a must do.

Invested Amount = Cash + Debt + Time

What Makes Real Estate Value go up or down?

Community Planning
Departments of Transportation
Fire and Health Codes
Lack of Concurrency -current requirement to enable you to develop the property
Land Use Changes
Condemnation and Eminent Domain Proceedings-government purchase and use of the ppty
Building Moratoriums- fast pace level of services available to ppl is outstripped
Economic Obsolescence- value of the actual use of the ppty comes to halt
The Rule of Small- small movements in the smallest increment of income stream having high impact on largest element of income stream.

Detail:

Monthly rent per apartment $ 650
Gross rent per month from 10 apartment $ 6,500
Annual revenue $ 78,000
Income less operating expenses $ 58,000 (Not including debt service
An investor will buy at a 9 percent return $644,444 ( max price investor pays )

Increase Rent
Decrease expenses
Leverage the transaction
Do a combination Above

let say Rent got increased to 675, expenses cut by 300 80% loan from at 8%

Gross rent $ 81,000
Less new expenses $ 16,400
New Net operating $ 64,600
Annual cost of debt $ 41,244

New Cashflow $ 23,356
Captial invested $128,889

Price $644,444
Loan 515,555
Cash invested 128,889
Cash flow $23,356

Return on Cash 18%

Six Primary Factors that makes R/E value

1 Supply and Demand
2. Local Zoning
3. Changes in infrastructure
4. Economic obsolescence
5. Maintenance procedures
6. Motivation to buy or sell

Acquired: 234 Cumberland St - 8 units Total, 6 Multi-Family- 2 Commerical units

2009-08-14T11:23:00.000-07:00

The beginning of my Commercial Real Estate Investing Empire.
CREI - Commercial Real Estate Investment, is more challenging, when I come into the game, people expect more from you, they expect you know a lot more, there is many details and things that require more attention to, and not to mention, it's more costly and expensive.

However, the profit and cash-flow definitely makes up for it.

How would you like to receive $4,000 in rent per month?
I sure don't mind, holding a few more of those... :)

Haven't been posting much because I have been focus on executing.

2009-03-18T22:21:00.000-07:00

Currently working on a 8 unit commercial/multi unit. I will keep you posted about the details, as soon as I close the deal. It's been a very great learning experience.

Infinite Wealth Academy - FREE EVENT

2009-01-16T10:07:00.001-08:00

FREE Seminar Place at the vancouver empire landmark hotel on January 17, 2009. The Vancouver Empire Landmark Hotel is located at 1700 Robson Street in Vancouver.

*Earl Flormata announces*

I ventured onto this path, a path dedicated to sharing my knowledge and offering wisdom concerning how you can create personal wealth and happiness. With the help of my team I am ready, able and 100% willing to share my secrets with you. I have also invited two very special guests for this launch; the Millionaire Diva, my friend and one of my teachers in real estate investment, Chandan Toor, will be sharing with you how "Now Is the Time to buy Cash Flowing Real Estate" and how you can get into the market even if you don't have money. Chandan will share with you the steps she followed that have made her the Millionaire Diva of Real Estate. As an extra bonus she has brought a few members of her real estate team who will be available to answer your real estate questions

Steve brings his vast knowledge and passion to everything he does and has a
proven track record in business.

Steve Keough, former Director of Peak Potentials, Master Coach, and
author of over 26 books. As well as being a successful entrepreneur of
several businesses, including a successful coaching business, Steve will be
sharing with you "How Coaching Can Help Your Business Sales Grow to New
Heights".

*On Saturday January 17th** please join us*

*For this FREE event*

*At the *

*Vancouver Empire Landmark Hotel*

*At*

*1700 Robson Street*

*Vancouver, BC*

*Doors open at 8:30 am*

*Event runs from*

*9am to 5:30pm*

To register call me 604 862 6873

Pleasure to meet Dr. Blair Dunkley

2009-01-14T23:41:00.001-08:00

Had a wonderful dinner -Sushi- with Earl, Jason, Allan, and the whole Ipoint team with Blaire Dunkley - Earl's mentor.

Blair Dunkley, Ph.D MCT - Principal

Dr. Blair Dunkley is an Executive Consultant/Coach for companies that want to be the best of the best in their market place. His clients range in size from $10 million to $2 billion in yearly revenues. These companies want innovative and proven solutions.

Results Now and Blair Dunkley have been providing them with incremental sustainable strategies and tools to attain the best of the best results. Blair has owned a private training company for over twenty-six years and has been in the role of CEO, CFO, and COO. He was responsible for logistical support with twenty-three branches in five provinces and two territories of Canada.

Blair Dunkley has been managing and changing the behaviors of people for over 25 years. Blair became a Master Trainer and Researcher for Life Skills Training Centres and Integrated Neuro Systems. He was also trained as a Certified Practitioner in Neuro - Linguistic Programming.

As a trainer and developer of a results based training company Blair has created and founded new communication systems including Question Concepts, Operant Effectual Counseling, Catalytic Counseling, The Rapid Management Model, The Quick Coach Model, and CO-developed The Results Now Secret Success Formula.

Works by Blair that are published and used include "People Skills", and "Applying People Skills." Blair is a highly passionate and life changing keynote speaker. He has presented to groups of up to 600 people as well as being a TEC Resource Speaker, providing training techniques to CEOs and top Executives across Canada.

http://www.mastermindclubs.com/speaker_create.asp?id=42

Jim Rogers America is Collapsing pt 1/5

2009-01-14T08:29:00.001-08:00

Investing in Candy after Halloween - from 2millionblog.com

2009-01-11T06:53:00.000-08:00

If your like me, you like to indulge with a little candy every once and awhile (if not, candy is also a good tool to use in the workplace, but more on that another time).

Regardless, this next week is the best time of year to buy candy. After Halloween everyone has too much candy. Not only do all your kids have candy, but all the stores still have candy. The stores need to sell their candy, but they have to get rid of it quickly so they can start putting in the holiday merchandise.

The good news for us is the big stores operate in a very logical fashion when they have too much supply, very little demand, and need to make shelf space. They put it on sale, and then even more on sale and then even more on sale to get it off their shelves.

Take Walmart and Target - two of my favorite stores. Immediately after Halloween, all the Halloween candy will go on sale. Probably 50% off clearance, but you shouldn't buy any. This is for suckers.

Around Sunday it will probably be marked around 75% off, but you still shouldn't buy any candy. Finally at some point next week or so, these stores will mark the candy at 90% off!! That’s getting a $2.24 bag of candy for $0.22. This is when you should move in and buy your upcoming year's supply of candy - even candy to give out for next year's Halloween.

After all this is better than just about any stock investment you can make, depending on how self disciplined you are to use the candy when you would otherwise buy candy at full price. You can earn a 10x return on your investment in one year. Even if you buy twice as much candy than you would have otherwise purchased full price throughout the year you will still get a 5x return on your investment plus have twice the candy to enjoy.

Granted we are probably only talking about at most a $10-30 investment so this isn't going to make you a millionaire, but it should help you save a few extra bucks.

Looking for Funding on Candy Routes

2009-01-09T12:40:00.000-08:00

Looking for a investment from $10,000 - $20,000 paying an interest or partnership.
Deal is supported by the 2 routes of 20 machines each route, doing roughly 9600 gross sales.

Simple Plan for 2009

2009-01-07T08:50:00.000-08:00

A lot of people has been asking me about my plans for 2009. So I put it into a more simple and organized format.

My goal is to hit: 1 Million Dollars
$5,000 Passive Cash flow

How am I able to do this? With a Plan
- Potentially there is only few ways to achieve it:
they are Business, Real Estate, Stocks, or working as a CEO

Knowing that I choose these two Tools:
1. Starting up Centaria Inc. - Real Estate Investment Company
2. Business Acquisitions and development

What Resources you will need and how to achieve the goal
Money/Talent/Experience

Talents & Experience
- Me and Business Partners
Education- seminars, school, reading
Hire Talents-employees
Hiring Consultants
Getting Mentors
Recruiting Advisors

Money - Joint Venture w/ Investors
Bank and Business/Private Financing

Time - My Time
Outsourcing work
Business Partners
Employees

What do I need to do everyday to ensure I am on the right path?

Actions to Take:

General Actions:
-Constantly focus on Marketing
-Strategic Planning
-Allocating Time to Learn and grow

Detail Actions:
- Create Leads and look for Opportunities (Business Development)
- Growing Network Database
- Business Planning
- Creating Joint Ventures
- Executing Marketing Plan
- Presentations to Raise Capitals
- Systemization of Operations

Billionaires and Their Impact: The Envy Economy

2009-01-06T19:53:00.001-08:00

Billionaires and Their Impact: The Envy Economy

2009-01-06T19:53:00.000-08:00

http://fora.tv/2008/06/26/Billionaires_and_Their_Impact_The_Envy_Economy

New Year's Resolution

2008-12-29T16:41:00.000-08:00

Another Year has gone by. I believe it is everyone's job to sit down and just think and reflect upon what have they done or accomplished in 2008. For me it was an Amazing year, where I have grown my knowledge for miles, where I have over come many obsoletes and failures, where I have achieved my goals. The most important of all, the networking and connections I had made - is priceless.

Now looking ahead to 2009, based on the wisdom I got over the years. I believe it is important to everyone to have these 3 keys to success in their life. So my new year resolution is to allocated and focus more time into these 3 fields, Minimum once a week and they are:

1. Planning -
- Vision, Goals, Planning - What's life without a plan/agenda ?

2. Marketing / Self Promotion
- Life and Business is Communications - Can you really do business with yourself?
- Marketing creates opportunities - Yes even sending out your resume is marketing

3. Learning
- How could one grow without additional new knowledge? grab a book, audio tape, or online
- Reinventing something that's been out there is never a good use of your time

Merry Christmas - Here is a gift for you viewers -Maslow's hierarchy of needs

2008-12-25T10:31:00.000-08:00

Focus Goal - Note to self

2008-12-22T10:11:00.000-08:00

The more you focus on a Single Goal the better your results. Human mind can't focus on too many things and still achieve excellence. Narrowing your focus to three goals will actually perform better results.

Realistic Real Estate Opportunity In States

2008-12-19T07:48:00.000-08:00

11 Things That All Entrepreneurs Have In Common

2008-12-15T00:39:00.000-08:00

Common Traits

Vision
Passion
Persistence
Risk
Intelligence
Relationships

Uncommon Traits

EQ
Leadership
Communication
Education
Experience

How to Know if You're a Great Leader - fund

2008-12-15T00:31:00.000-08:00

See if there is anyone Following you.

If there is no one than go and grip someone and ask them 3 Simple Questions.

What am I doing too much of?

What am I not doing enough of?

What am I doing that is just right for you?

First Cheque from the Internet

2008-12-07T17:42:00.001-08:00

I am very excited, that I have received my first cheque from my Online activities. The amount is posted above with a $100 dollars reinvested back into the online site with that company. To find out how with a small investment of $150 to 300 you can buy an website and create traffics to generate profits online.

Talks Rodney Brooks: How robots will invade our lives

2008-12-05T18:59:00.000-08:00

Change for a ten? -by guest writer D.C. Leung

2008-11-27T19:44:00.000-08:00

When someone gives you $10 to spend, would you just thank them and think, "Gee, thanks... maybe I can use it to see a movie... or fund part of my ticket for a movie". Now what if, that same ten dollars given to you had only one condition? That condition being that the money was to be given to someone less fortunate than yourself... anyone you chose. What would you think then?

That was what happened to me, on a Sunday evening after dinner in downtown. Autumn was just starting to settle into the city, and the wind started to carry with it the chill of the coming winter. Jason, one of my brother's friends, decided to give all seven of us dining together $10 each to place in our wallets and to give away when the time felt right- perhaps when we have all but forgotten about this task.

My initial reaction, was 'what! Where would I find someone to give this to? Do I have to do it now? What if I forgot? What if I lost it? What if I accidentally spent this ten dollar bill at Starbucks?'. Honestly, it felt like a burden, a homework assignment almost, a task to check off my list as quickly as possible so that I could get on with it.

Not surprisingly, as soon as I stepped out onto the streets of the city, I started to notice how many homeless we have in our city. In the back of my mind, like most Vancouverites, I always knew they were there. I see them everyday as I head off to work. And like most people, I try not to notice their haggard faces and twisted bodies in their raggedly coats as they are begging for change or digging through the trash for pop cans. Or when we do notice, I don't really think about them. I realized that I just think at them. I used to just assume that I thought about them, when in actuality I just replay the headlines spewed by the media- headlines such as: why can't they just 'get a job', what is the situation with our mental health program, or how will our city 'fix this problem', and what will Vancouver be viewed as by the world in the 2010 games in the way we treat our homeless.

But carrying, this burden of a task in my pocket, started to make me think about these people as people. Ten dollars will definitely not change their circumstances, at most it will buy them a hot meal. But this money also represented love from another human being. I began to wonder how they would feel to know that strangers still cared about them even if it feels like society has pushed them onto its fringes wishing they would just step a bit beyond it and fade into oblivion.

The next day, as I walked, I could still feel it weighing me down on one side. How was I suppose to decide who "deserves" this money the most? Would I give it to someone who has mental illness and has been outcast by society? Or would I give it to someone struggling to make a living on collecting bottles because of their life circumstances that put them there on the streets? How would I be able to decide which unfortunate person could should be the fortunate one?

Honestly, I was a little resentful that week I had the money in my pocket. What kind of task was this to give someone anyway? I didn't know how I would feel about choosing who gets something and who will go another day feeling that nobody cared for them. But after a few days, I had forgotten about my task, and the money just sat there in my wallet, with it's corners folded down so that I could demarcate it's specialness.

A week had gone by and I had completely forgotten about this money, just as Jason had said we would. It was another crisp and chilly Sunday night in the city. As I walked quickly from the Skytrain towards Metrotown to meet a friend, I walked past a shape of a beggar huddled on the side of the corridor. I remember then after I had past him quite hurriedly that the ten dollar was still in my pocket. I turned back around and walked towards him, and as I did I noticed that he had a huge humpback and he was trying to curl as tightly as he could into his filthy grey coat.

I went up to him and he looked up to say hi. His eyes had a light in them that took me by surprise. As he started talking, I realized that he was alot more optimistic than alot of the people I know who are fortunate enough to have family, friends and a home to go to at night. He started talking to him and he told me about his life before he got into his work accident... about how he had raised two children as a working man, and about how he had lived a full life already. He told me with pride in his eyes about how he proved the doctors wrong by being able to get up and walk again. After I gave him Jason's ten dollars, I thanked him for sharing his story with me, and I wished him good luck to which his response was, "thanks! I've always been lucky".

Talks Rick Warren: Living a life of purpose

2008-11-27T12:37:00.001-08:00

R. Robert Allan

2008-11-27T11:03:00.000-08:00

It's always a pleasure to meet an amazingly successful person. This time I ran into R. Robert Allan, brother of Robert G Allan - for those of you that doesn't know him, if you walk into the library or Chapters, look under real estate investment section, you will see his books all over the place.

So it was my honor to have him share an hour of his time with me. He shared how his view on Real Estate investment is going to be like from his experience. He has ran through 3 down cycles. Major change in wealth. He told me how to play the game right, and those majority Real estate courses out there isn't realistic. They over promised as a get rich quick schemes and such. R. Robert Allan is more humble and does Real investing for passion. He is looking for savy investors to invest with him in the States please send me an email and I will get you in Touch. 10-30% ROI

Researching on Goal Setting

2008-11-25T07:48:00.000-08:00

Top achievers know that the wording, structure, timing and format of a goal can make it’s achievement much easier – or far more difficult. Top achievers understand the basic skills for setting and reaching their goals, every time! They know how to design goals that create success. Here are the 10 most important steps to set and achieve your goals:

1. Reachable goals are SPECIFIC. Top achievers know that to reach their goals, the brain must know exactly, precisely, what they are trying to accomplish. Never word a goal with vague terms like “some” or “a little bit”, or “more”. Be specific! If you want to lose 8 pounds and reach a weight of 175, specify those exact numbers. If you want to save $200 this month, be exact. Your brain can help you accomplish almost anything if it knows precisely what you are aiming for.

2. Reachable goals are SIMPLE. Many people describe their goals in complex terms of retiring on the beach in Hawaii, with nice cars and lots of money, and…. Their list goes on and on. Any ONE of those things is a great goal, but the combination becomes over whelming and the brain gets confused. If you want to retire in Hawaii, just say so! If you want to increase your sales by 10% this month, say so! Keep your goals simple, clear, and focused.

3. Reachable goals are SIGNIFICANT. No one can muster the enthusiasm, hard work and courage to reach a goal they don’t really care about. A reachable goal is one you really, really, REALLY want! It’s something that will change your life, enhance your health or wealth, and make you proud. It gets your juices flowing, gets you up in the morning, and keeps you going all day long, because it is important! Set goals that are worth achieving!

4. Reachable goals are STRATEGIC. High achievers know that the best goals accomplish many great outcomes, all at one time. Running a 10K race will almost certainly: 1) feel great! 2) help you lose weight. 3) lower your cholesterol level 4) strengthen your heart 5) lower you risk of heart disease 6) increase your energy and stamina, and 7) improve your outlook. Design your goals to strategically impact as many areas of your life as possible. You’ll have more reasons to reach your goal and more excitement when you do!

5. Reachable goals are MEASURABLE. A goal without a measurable outcome is just a pipe-dream. You can’t achieve a pound of “happiness” or 6 inches of “self-esteem”, but you CAN get a new job. You CAN run a mile in under 7 minutes, or do 100 sit-ups. Someone has wisely observed that, “What gets measured, gets done.” Define your goals in terms of height, weight, dollars, inches, or hours. Then measure your progress until you achieve your desired outcome.

6. Reachable goals are RATIONAL. To reach your goal, you will need a plan, a path, and a vehicle for getting there. Your goals must make sense! When you explain them to friends and family, your goals should create excitement, draw support, and encouragement. Your goals should be just out of reach, but not out of sight! You want to stretch to be your best, not strain after impossible dreams. Set goals you CAN and WILL achieve!

7. Reachable goals are TANGIBLE. Choose goals that you can see, hear, smell or touch. Go for things you will enjoy and that you can clearly visualize. The brain has hard time going for “financial security”, but it can visualize a bank statement with nice, large numbers on it! Define your goals in terms that excite the senses, then go for it with all your heart!

8. Reachable goals are WRITTEN. High achievers always know precisely what they want, because they’ve written it down. Often, they write a short description of their goals every single morning, as a personal reminder of their priorities and their objectives. The act of writing your goals down vastly increases your chance of success. Write it down! Then, keep your notes where you can see and read them every day.

9. Reachable goals are SHARED. We are far more likely to stick to our plan and reach our goals if we know our friends and family support us. Being part of a team increases our determination, our stamina, and our courage. Caution: Never share your goals with anyone who may ridicule, tease or discourage you! The world is full of doubters and you have no time for them. But, find a support team, a group of cheerleaders, and a coach who will encourage you every step of the way. High achievers count on and work with other winners!

10. Reachable goals are CONSISTENT WITH YOUR VALUES. One of the biggest reasons people fail to achieve their goals is that they have conflict between their behavior and their values. However, when your values and your goals are in agreement, there is no stopping you! Clarify your values first, then set simple, specific, measurable, tangible, written goals that are consistent with those values. You will achieve them, every single time!

(REIN) Real Estate Investment Network - Fundamental Research

2008-11-21T12:03:00.000-08:00

Speaker:

Don R. Campbell

ALBERTA REAL ESTATE INVESTMENT SPECIALIST
President, Real Estate Investment Network

"Over 90% of all millionaires become so
through owning Real Estate"

- Andrew Carnegie

Don R. Campbell is an Alberta based real estate investor and consultant and is the director of the Alberta Real Estate Investment Network™. Don started building his personal Real Estate portfolio in Mission, BC in 1985.

At that time, Don worked as an Inventory Control Manager for a major national retail chain. Working the afternoon shift allowed Don to devote a large portion of his time to his passion – Assisting Others In Maximizing Their Potential.

Don spent countless hours educating himself on "how to buy" real estate while minimizing risk and maximizing return. Then he took that knowledge and began purchasing revenue-producing Real Estate using his unique strategies.

Over the years, by purchasing several positive cash flow properties, Don has dramatically increased his net worth, along with that of many of his clients.

And now, many successful years later, Don is helping his clients become financially independent by sharing with them his ‘real life’ Real Estate investing strategies, through his Alberta based Real Estate Investment Network™ and on-line with www.albertarein.com.

The foundation of his business really is “You Can Have Anything That You Want In Your Life… Just Help Enough Other People Get What They Want.” And due to this commitment, virtually all of Don’s business comes from repeat or referral clients

His entertaining and informative presentations have been attended by thousands of real estate investors and small business owners. In these presentations, Don shares his years of hands-on experience as he teaches strategies that he has personally tested in the real world.

Don Campbell’s experience, knowledge, energy and honest hard work, along with the many benefits that Membership in the Alberta Real Estate Investment Network™ provides, will be a key factor in building your wealth, investment confidence and eventually your financial independence.

Don R. Campbell

Okay quick highlight on real estate market in Canada.

Canada remains first place for world investment bankers to park their money
1# safest banking system in the world
CEO of major oil production corp said their cost to extract is at $20-25 per barrel
Do not touch Real estate across the boarder
Job growth in Canada, Economic growth highest to lowest Alberta, BC, SK, On.
Buying sustainable Cashflow properties is key

For more Economic highlights please contact me directly.

Attended PNE Trade Show

2008-11-18T23:25:00.000-08:00

Wall Street - Greed Is Good

PNE Trade Show

Speaker:

Brian Scudamore, Founder and CEO

Brian Scudamore is the Founder & CEO of 1-800-GOT-JUNK?, a Vancouver-based franchisor dubbed one of the fastest growing companies in North America.

Brian started the company at the age of 18, and later went on to franchise 1-800-GOT-JUNK? as a way to expand operations rapidly across North America. After several years of hypergrowth, 1-800-GOT-JUNK? now has over 300 locations in the United States, Canada, Australia, and the United Kingdom.

A leading entrepreneur, Brian has received wide recognition in the North American media and business community. 1-800-GOT-JUNK? has been featured in over 3,000 news stories, including articles in Fortune Magazine, CNN, Business Week, and The Wall Street Journal. Crowning media achievements include an appearance on the Oprah Winfrey Show in 2003, and repeated appearances on the Dr. Phil and Rachael Ray shows. Brian also contributes a monthly column to PROFIT Magazine.

http://www.1800gotjunk.com/ca_en/about/our_company.aspx

Brian talked about writing yourself a letter, grading yourself realistically asking yourself tough questions on why do you deserve this grade all before starting the year then reviewing it and see how close you come to.

$5000 FREE GAS GIVEAWAY - Networking Event

2008-11-18T00:47:00.001-08:00

Infiniti Point - Earl a friend of mine is going to be speaking there.
------------------------------------------------------------
The Secret to Making $1 Million Dollars

Are You looking For a step by step method designed to help you make
$1 Million Dollars?

If So, you are not going to want to miss this FREE one night Special Event!

WEDNESDAY, NOVEMBER 19TH , 2008

Edgewater Casino -Stadium Club Theatre
311- 750 Pacific Blvd South

Neuroscience - Training for Super Humans.

2008-11-17T12:01:00.001-08:00

A friend of mine, Dr Teresa de la Boursodiere invited me to her office to understand what she does on Neuro treatments. It was a sure eye opener, using sophisticatedly medical devices I am able to see and monitor certain parts of my brain. I have several programs where I could try to test out my mental states. So I run though a test to see how efficient my brain is doing mental exercises. The experience is about peak performance, being about to turn in your mind where you are focus on now. Majority of the people's mind is wandering around. Only few people have CEO' type of mental state which is constantly thinking in the present. The goal of that exercise is to focus and try to maintain at that state. The more you can work on it the more you are build your intelligence.

Teresa also use this equipment on finances, as a option trader. That is her edge on trading.

Anyways, Neuro science can train or fix multiple problems which includes Memory/Peak Performance, Stress, Addictions/ Angers, Attention disorders, and more...

Here is a link to the place in vancouver www.neurofeedbackclinic.ca

Hycroft Medical Building 3195 Ganville Street suite 60
604 730-9600

Marketing Tips at Infinity Point Office

2008-11-11T20:59:00.000-08:00

At IPOINT, we had 3 speakers Jason, Mark, Mathew presenting tips on marketing.

Jason started off by Cold leads, which is people you just meet in a marketing event. Basicly to get notice - Wear something special so people could talk to you about it.

Mathew goes into detail on converting cold leads to warm by Follow up process.

Mark closed it up with a Model called A.L.L.O.W

Ask questions
Listen Carefully
Look for need
Offer Solution
Walk away (take away)

Then you Follow up - arrange a time to visit or pop by -some people may not like it if you say appointments or meetings - because of previous association with the words.

What Leads To Success?

2008-11-10T23:48:00.000-08:00

SWOT analysis - the power to reinvent and restructure

2008-11-10T00:06:00.000-08:00

As requested by a friend of mine. Going back 2 months ago, I had the chance to attend one of JEFFERSON J. MOONEY (chairman of A&W) 's conference speech about how he used the SWOT Business Model to redefine the direction of A&W - which at that time is facing serious threats by competitions from the States.

SWOT- Stands for: Strength , Weakness Opportunities and Threats.

This Model forces us to identify and focus on our strengths and opportunities currently at hand, then aligning it to our core values and mission, Objectively plan out the ways to allocation the necessary resources to achieve extraordinary performance.

Real Estate Investments Multiple Ways to Make Money

2008-11-06T10:01:00.000-08:00

Robert Kiyosaki on Real Estate

Author of The Book, "Rich Dad, Poor Dad"

Teachings

A large part of Kiyosaki's teachings focus on generating passive income by means of investment opportunities, such as real estate and businesses, with the ultimate goal of being able to support oneself by such investments alone. In tandem with this, Kiyosaki defines "assets" as things that generate cash inflow, such as rental properties or businesses—and "liabilities" as things that generate cash outflow, such as houses, cars, and so on. Such definitions are somewhat based on the concept of negative gearing. Kiyosaki also argues that financial leverage is critically important in becoming rich.

Kiyosaki stresses what he calls "financial literacy" as the means to obtaining wealth. He says that life skills are often best learned through experience and that there are important lessons not taught in school. He says that formal education is primarily for those seeking to be employees or self-employed individuals, and that this is an "Industrial Age idea." And according to Kiyosaki, in order to obtain financial freedom, one must be either a business owner or an investor, generating passive income.

Kiyosaki speaks often of what he calls "The Cashflow Quadrant," a conceptual tool that aims to describe how all the money in the world is earned. Depicted in a diagram, this concept entails four groupings, split with two lines (one vertical and one horizontal). In each of the four groups there is a letter representing a way in which an individual may earn income. The letters are as follows.

E: Employee — Working for someone else.
S: Self-employed or Small business owner — Where a person owns his own job and is his own boss.
B: (Big) Business owner — Where a person owns a "system" of making money, rather than a job to make money.
I: Investor — Spending money in order to receive a larger payout in.

Obama 338 votes vs Mcain 159 votes

2008-11-04T23:18:00.000-08:00

A Nice Motivational Speech Of Steve Jobs

2008-11-03T14:48:00.000-08:00

We could all learn from Steve Jobs. Here is your Weekly Motivation.

Talking To The Unfortunates

2008-11-03T08:44:00.000-08:00

A few days ago, a friend of mine - Jason Harwood gave us $10 to donate to someone in need. So my money went to a unfortunate man named Steve around outside of Metrotown area in a cold rainy day. As a money manager that I am, I asked Steve "If I give you $10 dollars how would you spend it?". Steve said he is going to call this an earlier day, he usually begs for 3-4 hours and go inside Mcdonald to buy himself a burger. The remaining part of the money will be spent when he is back to the shelter. Steve said he has to pay for his food in the shetler.

Steve also gave a reason of how he got into this stage and a plan to get back on track. Before becoming homeless, Steve was a contractor but had an accident - he got permanent injury to his shoulder in the job. From there on he collected welfare but that is not enough to survive in such an expensive city as Vancouver. Neediness to say his finance start to go downhill quick. (Depending on solely your employer and the government to pay you is risky as hell)

In my opinion, the word from Steve seem to focus on how his environment is affecting him, not how he is affecting the environment.

However, the good side is Steve has a plan. A plan to get back to school to re-educate himself and trying to get an office job. My next appointment with the bank is up, and I had to go. So I wish him Luck.

Highlights - Trying to maximize the value of Jason's $10 dollars there is a lesson we could benefit from these- Please add to my comments to see how we could prevent running into problems like Steve had.

Contingency fund - The average American do not have enough money saved up. Money enough to cover 6 month of your expense is needed.

Build your network - friends and family is your best bet on downtimes like these - remember to treat them nicely.

Multi Source of Income - This is what this blog is about. Income from many different sources is always a plus and would help you through the downtimes. Drop me an Email and constantly read this blog to learn more.

Everyone Owns a Sales and Marketing Company

2008-10-30T23:57:00.000-07:00

9:00 Am Inifinite Point -2700 Production Way Coltquitlam

Everyone in business owns a sales and marketing company. The most company reason people get into business is for Time, Money, Passion, "The Man" - Be the Boss.

A strategic plan for your business over 5 years can make your business work for you as your slave, or you working inside it as his slave. Create systemization of processes - employee manuals, procedures. Have a living Business Plan, Marketing Plan, Exit strategy and Succession Plan.

Obstacles in your business may include: Lack of marketing and sales, lack of systems/ strategic thinking, financial numbers, losing motivation, lack of added value, Not knowing how to leverage, Ineffective staff/training/retaining and Lack of Prospecting.

If you want the freedom of More Time and Income you must understand the Problems before you can find the Solutions.

Clearly written and Defined Goals for you business. SMART - specific, measurable, actionable, Realistic, Timelined. Ex. My personal goal is to own 3 Business self operating, and 50 Doors in Real Estate within 3 years.

Do not confuse being Busy... with being Successful

Use the 80/20 rule, 80 percent of your success comes from 20 percent of your actions. Focus over half your time on that 20%. Use the formula of 40 Mins of focused work and 20 mins of relax for each other. By the way, I've picked up a book called " Power of an Hour" Dave Lackhani
Arrange tasks to "Do it" "Dump it" "Delegate it"

Necessary systems include Website, auto response, scripted, sales process...

Operating Strategically

Lead -> Conversion Rate -> Customer -> # of Transactions ->
Average Sales Value -> Total Revenue -> Margin -> Profit'

Tactical vs Strategic - Short term vs Long term results

Offering guarantees only 2 % actually uses it, but your business increases by 20%

Suspect > Prospects > Clients 17% of people are cheap you don't want them
12% of people buys anything at any price you love them

Measure your business by Key Performance Indicator
Total acqusition expense/ No. of new customers
Profit per visit * No. of visit * No of years
Advertising to lead generated leads to sales

Reason for purchases - People buy to Avoid Pain mostly than for Pleasure.

Example: If you do not want your see yourself working 14 hours a day getting burned out only to see your business go bankrupt after 5 years. You should buy this step by step XYZ Business consulting tool kit.

to be continued...

Entrepreneurs are the most self motivated group of people. Here is a video to booster your Motivation

Cashflow Projection Analysis + Million Dollar Network

2008-10-30T01:08:00.000-07:00

1:00 pm

Took a quick crash course in Cashflow Projection Analysis in Waterfront location where small business center is. Impressed with real life extensive knowledge of Bill Erichson- the presenter there.

Bill has over 27 years of business and finance experience. Cashflow projections are used to anticipate and prevent possible danger to business that might for them to go into bankruptcy. The number 1 killer of small business is mismanaged cashflow. Going to solution to the problem may be asking vendors to extend financing, using short term bank loans properly by using them on providing short term liquidity only, incentives for collecting Account Receivables faster, and holding less inventories.

7:00pm

Went to July Ono- Multi millionaire from Real Estate - presentation about "building a Million Dollar network" from there I have learned that by taping into your personal network carefully, networking effectively, you could succeed in business. Each of us knows about 200 people, each of those people knows another 200, and so on. We could reach a anyone to the third network. By tapping into this and leveraging carefully, you could use OPM, OPT, OPR. If you do not understand, please pick up the Book Rich Dad Poor Dad by Robert Kiyosaki. - Must Read - Also pick up a copy of Building a Million Dollar Network by July Ono in Amazon coming soon.

Profitable Currency Day - FOREX

2008-10-30T00:27:00.000-07:00

Here is what a good Currency Day look like, with a 50 points interest rate cut in the States. Currency is a very highly leverage Investment derivatives tool, Warren Buffet calls it weapon of mass destruction.

Ladies and Gentlemen Please do not try this at home...

How did we get into Subprime? What is Subprime?

2008-10-28T21:48:00.000-07:00

Alot of people has asked me this question, I believe this video will clarify the question.

A Trader's Day - catching up with the market.

2008-10-28T21:22:00.000-07:00

Today the dow went up

Dow

9,065.12

+889.35

+10.88%

I spent the day watching the market from stocks to currency. Here is a video for your entertainment.

Meeting and Fun

2008-10-28T01:01:00.001-07:00

10:00 am I meet with Frederick Margel President of LondonPier at his office in 215-1080 Mainland street, vancouver bc. Talking to Frederick, I have learn of amazing commercial Real Estate deals for the passive investors. We went into detail discussion about each of his projects and the structure is very solid. All the projects by Londenpier is screened, he only works with the best. Londonpier act as the marketing arm, connecting all the best of management with over 13 years of experience in commercial real estate. I am impressed with the structure and finds these deals, making it very attractive for investors. Going to his site www.Londonpier.ca you are filled with detail plans of how his project is structured, and they can actually back up the Return of Investment (ROI) when you look into the breakdown. ROI is 10 to 12% for cashflow plus equity of 40- 60% per year. Cashflow is paid quarterly and is more predictable- rental. Equity growth is potential effected by the market demand

4:45 Looked at a deal in Surrey, close to Guildford Center. A closed down Pub was for sell. My partners and I ran through the numbers, looking to come up with ways to rebuild this business.

7:00 Party at Infinity Point - an education place where people could freely learn about investments with no pressure to buy or commit to any investments. We had a Pizza and poker party there to network with fellow friends.

Millionaire Mind Intensive Training Program

2008-10-26T00:52:00.001-07:00

This program is a must go, it unlocks your thinking of how you feel about money.
I am currently attending this for 3 Full Day in Vancouver, Conference Center next to Waterfront station. It trains your energy and breaks the bad behavior your mind might have gotten from negative influences.

The training is interactive, and the a great place to network with people open minded for business ventures. To get involved, just buy a book in Chapter called the Secrets of the millionaire Mind $20 and attend for free with the tickets included with the book or contact me directly.
Go to this site to find out more http://www.secretsofthemillionairemind.com/

Simple Concept of Investing

2008-10-23T15:24:00.000-07:00

The fundamental principal of investing is simple. Investing is all about buying "assets" ( Robert Kiyosaki author of Rich dad Poor Dad: defines it as anything that puts money into your pocket )

To Value an Investment: let say your bank account has $1,000 cash, your bank account pays you 4% interest, so at the end of the end you get $40. We call that 4% yield or Return of Investment.

So in investing you are actually buying an asset at a reasonably predictable of Income or Earning of the asset.

These assets includes:

Stocks with dividend yield
Real Estate with cashflow
Business with net operating Incomes

Now through those investments we could have our money working for us. Therefore, we aren't working for money, leaving us enough time to enjoy our life and focus on growing our portfolio like Warren Buffett.

Roadmap to Millionaire as an Investor

A Day in the Life of a Realtor Parody Episode #1

How an Economy Grows and Why It Crashes

Pessimistic outlook for US commercial real estate

Rental Residential Rehabilitation Assistance Program — Rental RRAP

Rental Residential Rehabilitation Assistance Program — Rental RRAP

Who Can Apply?

Eligible Properties

Eligible Repairs

Ineligible Properties

Ineligible Repairs

Financial Assistance

Other Assistance Available

Contact Us

Replacing Your Furnace - Greatly lower Operating expenses by 10-35%

Replacing Your Furnace

Choice of Fuels

Calculating fuel costs

Furnace Sizing

Calculating house heat loss from utility bills

Furnace Efficiency

So… What do I Buy?

The Hot Water Heater Conundrum

Furnace Circulating Fan Choices

Other Choices

Additional Resources

Websites

Analyzing a Return of Return on Cumberland Project

Canadian Real Estate Market- Coming Challenges for Investors

The Story of STUFF

FULL PENTHOUSE CONDO By Skytrain Station Affordable & Convenient

Ever Growing Challenging Demands of Life

The Living Dead and the Dead Broke

Class Day Lecture 2009: The Uniqueness of Humans

Vacation Rental Suite Availiable !

Warm welcome Letter from my Mentor Tony

Condo Hunting

Donald Trump on The Millionaire Inside - Erin Burnett 1

World of Debt

King Solomon's Success and Wealth and Happiness

How to obtain Financing

HST - Burnaby Board of Trade

How to Accomplish Effective Due Diligence

How to Accomplish Effective Due Diligence

How to Build An Effective Commercial Real Estate Comfort Zone

Commercial Real Estate Investing - Education

Acquired: 234 Cumberland St - 8 units Total, 6 Multi-Family- 2 Commerical units

Haven't been posting much because I have been focus on executing.

Infinite Wealth Academy - FREE EVENT

Pleasure to meet Dr. Blair Dunkley

Jim Rogers America is Collapsing pt 1/5

Investing in Candy after Halloween - from 2millionblog.com

Looking for Funding on Candy Routes

Simple Plan for 2009

Billionaires and Their Impact: The Envy Economy

Billionaires and Their Impact: The Envy Economy

New Year's Resolution

Merry Christmas - Here is a gift for you viewers -Maslow's hierarchy of needs

Focus Goal - Note to self

Realistic Real Estate Opportunity In States

11 Things That All Entrepreneurs Have In Common

How to Know if You're a Great Leader - fund

First Cheque from the Internet

Talks Rodney Brooks: How robots will invade our lives

Change for a ten? -by guest writer D.C. Leung

Talks Rick Warren: Living a life of purpose

R. Robert Allan

Researching on Goal Setting

(REIN) Real Estate Investment Network - Fundamental Research

Don R. Campbell

"Over 90% of all millionaires become so through owning Real Estate"

Attended PNE Trade Show

Brian Scudamore, Founder and CEO

$5000 FREE GAS GIVEAWAY - Networking Event

Neuroscience - Training for Super Humans.

Marketing Tips at Infinity Point Office

What Leads To Success?

SWOT analysis - the power to reinvent and restructure

Real Estate Investments Multiple Ways to Make Money

Teachings

"Over 90% of all millionaires become so
through owning Real Estate"