On Monday the U.S. House of Representatives rejected what was termed a Wall Street “bailout”.  Two days later, the Senate overwhelmingly passed a “rescue” plan.  Was the difference a new word or a few billion barrels of pork that lawmakers added to the bill to make it more pleasing to nervous Senators?

I can honestly say I don’t know.  I’m just glad I didn’t have to make the decision.  What I do know, though, is that there are no easy answers and $700 billion is 2.8 million houses at a quarter of a million apiece.  Or 5.6 million if you can get 50% short sales

Really, though, a bailout sounds worse than a rescue.  Rescuing somebody just sounds better — especially when your wallet stands to be the life jacket being used.  You feel more heroic, and I think that was the goal.  Because words mean things.

Take real estate investing for instance.

When you’re negotiating with a seller, the difference between a deal and an unfulfilled dream could be what you say — and it might be how you say it.  Success in real estate investing comes down to the art of negotiation.  You may be faced with dealing bad news to the one you’re negotiating with.  You may not be able to give the seller what they want, but find  a way to turn it around.  Be diplomatic, which is the art of telling someone where they can go so artfully that they actually look forward to the trip.

So take it from your government:  Choose your words wisely, find out what the other party needs, and figure out how you can give them what they need — even if they don’t know what it is.

Then you have a win-win transaction.

And nobody gets stuck with a debt that can’t be repaid.

Happy Investing!

Charrissa Cawley

www.REIconferences.com

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What impact would a complete meltdown on the financial system have on your investing career?  Would it have an impact — or would you even notice?

In case you haven’t noticed, our financial system is struggling to recover from the near-collapse of Fannie Mae and Freddie Mac and the subsequent takeover.  Since then, there’s been an unending parade of bad news.  If things continue in the direction they’re heading, there seems to be widespread agreement that credit could be as hard to get as a parking space at the World Series.

Are you prepared if it happens?

Now is the best time to get your financial house in order, so if you haven’t started the time to act is NOW.  Fix any lingering credit issues because lenders are growing more and more selective about who they’ll work with.  This doesn’t mean you won’t be able to get a loan or that real estate makes a bad investment.  As a matter of fact, real estate makes even better sense with each passing day!

What it means is that you have to be is prepared.

You’ll still be able to get financing for your deals, but it will likely cost you a little more.  So you may have to spend a few bucks more than you had planned.  Here are three strategies that can help:

1.  Hard money lenders –they’ll charge you more, but with today’s low property values you still ought to be able to wind up with positive cash flow, in spite of the higher interest rates.

2.  Private money — Line up private money lenders.  They’ll still say yes when everyone else says “no” — if the price is right.  It takes a little work, but it can be worth the effort if you’re able to line up much-needed cash.

3.  Creative financing — Real estate investors are a verstile bumch.  If all institutional financing were to dry up in a day, you’d still be able to get creative in finding motivated sellers.  If you haven’t already, learn the ins and outs of how creative real estate finance works.

The mail still gets delivered when it rains.  There’s a financial storm brewing on the horizon and the wind has begun to blow.  Regardless of what happens to the credit markets, you can still take advantage of this unprecedented opportunity to expand your real estate empire.  Get out there and deliver your future!

Blessings!

Charrissa Cawley

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Between high gas prices, mass layoffs, unprecedented mortgage delinquencies, and a stock market that’s tanking, it’s hard to stay positive and not fall into the “Sky is Falling” trap.  What are you doing to keep from being ensnared by the rampant pessimism that permeates the news and the American psyche?

Is the glass half full, half empty — or is your hand shaking too badly to tell?

You can choose to allow yourself to get increasingly depressed by all the negativity or you can draw a line in the sand and say, “No more!”

Your outlook can be directly affected by what you look at and listen to.  If your real estate investing career is stalled it’s time for you to address the reason why and do something about it today — not next week, next month, or next year.

Are you shooting yourself in the foot and just not know it?  If you are, stop!  The best way to get positive and stay positive is by surrounding yourself with positive, success-oriented people with a committment to scaling the highest mountain and looking down at the valley below with a look of triumph — and a thankful heart.

You’re booked on a one way flight through this life.  Are you going to rise to the top or crash into the side of the mountain?  Paint a smile on your face and get out there and take advantage of the opportunity to secure your financial future!  Don’t settle for mediocrity when you can have excellence!

It’s not hard.  Just do it.  Your future is waiting.

Will you answer the call?

Blessings,

Charrissa Cawley

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For millions of Americans Labor Day is nothing more than a reminder that they need government intervention to provide them with a day to celebrate the fact that they work entirely too hard for much too little, and that when the last sentence has been written on their working career, that they can look forward to retirement – and worrying about whether Social Security or their meager savings will be enough to sustain them until they die.

As a real estate investor, you’ve gone a different direction. You believe in yourself, your dreams, and the vast world of untapped potential that lies out there in the unprotected sea of real estate entrepreneurship. You reject the idea that your value is tied to what an employer is willing to pay or a labor union can negotiate on your behalf.

You want to create wealth, create opportunity, and you want to do it on your terms.

On this Labor Day I want you to rededicate yourself to the principle that real estate investing can be the vehicle that makes your financial goals reachable if you’re willing to simply step out on faith and claim them by doing a few simple things and doing them well.

Instead of a $100-$200 paid day off you can count on building a portfolio that will allow you to have as many labor days as you like. Except in your case, a labor day will be a day you choose to work in order to dramatically increase your income, instead of a government-sanctioned day of rest that forces you to thank someone else for throwing you a bone and giving you a day off to reflect upon the mediocrity that is your life.

Which future do YOU prefer?

Blessings!

Charrissa Cawley

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At one time or another, just about every kid in America has heard the “Invest in Your Future” speech, the pep talk teachers, athletes, and celebrities pepper young people with to get them geared up, thinking positive, and laying the foundation for a successful life by getting an education and planning on doing great things. As real estate investors, we can all stand to rip a page from their playbook and do the same thing.

If you’re feeling a little nervous about your investing prospects, it’s not because you know too much. You need to constantly better yourself and plan great things. Start by learning something new every day. There are a lot of resources out there that can teach innovative techniques for pulling profits out of real estate regardless of what CNN has to say. The news media loves to trash everyone – and everything. They’ll help put people, investments, and ideas up on a pedestal so they can be there with their video cameras and notepads to describe the ensuing carnage when they beat them down. Journalism is the ultimate growth industry!

Instead of playing the game, learn something and keep moving forward. You need motivation? Here’s some: Plan on doing great things. It’s all well and good if you dream of having the fattest investing portfolio at you next REIA meeting. Having a bigger goal is better. Sure, money blunts some of the pain of being broke, but nothing gives you a greater sense of self-satisfaction and personal fulfillment than doing something good. So eat and drink investing, make your millions, but on your way up use some of your success to help a worthwhile group. It could be helping your kid’s soccer team buy new uniforms or helping Habitat for Humanity build or renovate houses. Find something larger than yourself that you care about and get involved!

Remember this: Regardless of how successful you are in life, there will always be someone just a little richer, a little taller, a little thinner, a little better looking, or a little younger than you. If you judge true success based on money alone you’ll be a big fish in a very shallow pond. Instead, commit to something larger than yourself. By helping others on your way up, you live a richer life and – if something unforeseen happens and you slip or get knocked off your pedestal – your descent back down to Earth will be softened by the goodwill of all those you have helped along the way.

It beats the heck out of a crash landing with live footage airing every 15 minutes on CNN. That’s the way I see it.

Happy Investing! Charrissa

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I don’t know if you have heard of Jim Rohn before or not, but Im one of his biggest fans!

I came across this articel on his website…This is one of his most downloaded articles that

I though you might enjoy!

NINE THINGS MORE IMPORTANT THAN CAPITAL by Jim Rohn

When starting any enterprise or business, whether it is full-time or part-time, we all know the value of having plenty of capital (money). But I bet we both know or at least have heard of people who started with no capital who went on to make fortunes. How?, you may ask.

Well, I believe there are actually some things that are more valuable than capital that can lead to your entrepreneurial success. Let me give you the list.

1. Time.

Time is more valuable than capital. The time you set aside not to be wasted, not to be given away. Time you set aside to be invested in an enterprise that brings value to the marketplace with the hope of making a profit. Now we have capital time.

How valuable is time? Time properly invested is worth a fortune. Time wasted can be devastation. Time invested can perform miracles, so you invest your time.

2. Desperation.

I have a friend Lydia, whose first major investment in her new enterprise was desperation. She said, “My kids are hungry, I gotta make this work. If this doesn’t work, what will I do?” So she invested $1 in her enterprise selling a product she believed in. The $1 was to buy a few fliers so she could make a sale at retail, collect the money and then buy the product wholesale to deliver back to the customer.

My friend Bill Bailey went to Chicago as a teenager after he got out of high school. And the first job he got was as a night janitor. Someone said, “Bill, why would you settle for night janitor?” He said, “Malnutrition.” You work at whatever you can possibly get when you get hungry. You go to work somewhere — night janitor, it doesn’t matter where it is. Years later, now Bill is a recipient of the Horatio Alger award, rich and powerful and one of the great examples of lifestyle that I know. But, his first job – night janitor. Desperation can be a powerful incentive. When you say – I must.

3. Determination.

Determination says I will. First Lydia said, “I must find a customer.” Desperation. Second, she said, “I will find someone before this first day is over.” Sure enough, she found someone. She said, “If it works once, it will work again.” But then the next person said, “No.” Now what must you invest?

4. Courage.

Courage is more valuable than capital. If you’ve only got $1 and a lot of courage, I’m telling you, you’ve got a good future ahead of you. Courage in spite of the circumstances. Humans can do the most incredible things no matter what happens. Haven’t we heard the stories? There are some recent ones from Kosovo that are some of the most classic, unbelievable stories of being in the depths of hell and finally making it out. It’s humans. You can’t sell humans short. Courage in spite of, not because of, but in spite of. Now once Lydia has made 3 or 4 sales and gotten going, here’s what now takes over.

5. Ambition.

“Wow! If I can sell 3, I can sell 33. If I can sell 33, I can sell 103.” Wow. Lydia is now dazzled by her own dreams of the future.

6. Faith.

Now she begins to believe she’s got a good product. This is probably a good company. And she then starts to believe in herself. Lydia, single mother, 2 kids, no job. “My gosh, I’m going to pull it off!” Her self-esteem starts to soar. These are investments that are unmatched. Money can’t touch it. What if you had a million dollars and no faith? You’d be poor. You wouldn’t be rich. Now here is the next one, the reason why she’s a millionaire today.

7. Ingenuity.

Putting your brains to work. Probably up until now, you’ve put about 1/10 of your brainpower to work. What if you employed the other 9/10? You can’t believe what can happen. Humans can come up with the most intriguing things to do. Ingenuity. What’s ingenuity worth? A fortune. It is more valuable than money. All you need is a $1 and plenty of ingenuity. Figuring out a way to make it work, make it work, make it work.

8. Heart and Soul.

What is a substitute for heart and soul? It’s not money. Money can’t buy heart and soul. Heart and soul is more valuable than a million dollars. A million dollars without heart and soul, you have no life. You are ineffective. But, heart and soul is like the unseen magic that moves people, moves people to buy, moves people to make decisions, moves people to act, moves people to respond.

9. Personality.

You’ve just got to spruce up and sharpen up your own personality. You’ve got plenty of personality. Just get it developed to where it is effective every day, it’s effective no matter who you talk to – whether it is a child or whether it is a business person – whether it is a rich person or a poor person. A unique personality that is at home anywhere.

My mentor Bill Bailey taught me, “You’ve got to learn to be just as comfortable, Mr. Rohn, whether it is in a little shack in Kentucky having a beer and watching the fights with Winfred, my old friend or in a Georgian mansion in Washington, DC as the Senator’s guest.” Move with ease whether it is with the rich or whether it is with the poor.

And it makes no difference to you who is rich or who is poor. A chance to have a unique relationship with whomever. The kind of personality that’s comfortable. The kind of personality that’s not bent out of shape.

And lastly, let’s not forget charisma and sophistication. Charisma with a touch of humility. This entire list is more valuable than money. With one dollar and the list I just gave you, the world is yours. It belongs to you, whatever piece of it you desire whatever development you wish for your life. I’ve given you the secret. Capital. The kind of capital that is more valuable than money and that can secure your future and fortune. Remember that you lack not the resources.

Credit Statement to be included in Reprints:

This article was submitted by Jim Rohn, America’s Foremost Business Philosopher. To subscribe to the Free Jim Rohn Weekly E-zine go to www.jimrohn.com or send a blank email to subscribe@jimrohn.com

Copyright © 2001-2006 Jim Rohn International. All rights reserved worldwide.

To Your Success!

Charrissa Cawley

www.REIconferences.com

www.REWEXclub.com

www.CharrissaCawley.com

www.PropertyAttic.com

P.S. Are you going on the St. Louis Buying Tour With Us? Call Jeff to Book your Spot at 760-738-9646.

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