Millions of Americans have been stunned by the speed with which their personal economies have changed with the current economic realities.  This downturn gives real estate investors everywhere a golden opportunity to have genuine teaching moments with their kids by giving them solid financial literacy information and advice that can give them a jumpstart in leading a successful life.
As critical as it is to teach your kids about money, it’s also imperative that you lay the groundwork for success in life by giving them the tools and the confidence necessary to accomplish their hopes and dreams.  The news is filled with lots of really scary financial topics that have adults shaking in their shoes; the problem can be even worse for your kids.  Here’s an easy-to-implement blueprint for success:
Empower Your Kids to Succeed by Building Their Self-esteem – Study after study tells us that kids who feel good about themselves are more confident and that they tend to go further in life.  By taking the time to spend with your kids and do fun things together you send the message to them that they have value – to you and the rest of the world.  Help them to build self-confidence every chance you get.  Not only will it pay off big-time now by cementing your relationship with your kids, it will pay off later in life when they need the self-confidence to know that financial decisions can be made – and that they CAN succeed in whatever endeavors they put on their “to-do” list.
Teach Them to Dream Big – Real estate investing is all about having a dream and the courage to see it through, even when the going gets tough.  By instilling in your children the importance of dreaming big you’ll teach them that no mountain is too high to overcome.  This will be critical to their success in life, whether they choose to follow you into real estate investing or they choose to go their own way.
Goal-setting is Great – Teach your kids from a very early age the importance of setting – and reaching goals.  You can start teaching this simple concept at almost any age, but the younger they are when you get started, the better off they will be.  You may have a youngster who wants to raise money for a new bicycle.  While you may be tempted to take out your credit card and just pay for it, let them set a goal and then help them devise a strategy to raise the funds.  They’ll learn a ton from this exercise – and no two wheels ever turned so smoothly or as fast as the wheels on a bike you’ve paid for with your own hard-earned money.
Introduce age-appropriate financial concepts – Cash is King to a real estate investor and you can begin laying the groundwork for a solid financial future by explaining the importance of letting your money work for you, instead of the other way around.  What you teach your children can vary depending upon their age.  For instance, you might want to teach your eight year-old how to prepare a simple budget by setting money aside on a weekly basis out of their allowance in order to save for an “expensive” item.  If your child is a teenager, you can explain the importance of not relying on credit cards to finance luxuries that are beyond your means.  Regardless, instill the importance of saving and giving back by teaching them to bank 10% of all cash they receive and to donate a minimum of 10% of their income to charity or your church.
Don’t be Afraid to let them fail – One of the hardest things a parent can do is stand by while their children fail.  While difficult, resist the urge to “kiss it and make it better” when your kids make financial blunders.  No lesson is learned as well as one that causes us some pain.  While financial pain can hurt, it’s better to let your children learn these lessons at an early age when tens of thousands of dollars or their credit rating aren’t on the line.  Later in life they’ll thank you for it.
These lessons can really do a lot to prepare your kids for success in life.  By laying the groundwork now you’ll prepare your kids to reach for the stars and to succeed in all of their endeavors.  Their financial success will help them to lead much more enjoyable, productive lives.  Your enduring legacy can be that you taught them well and that they carried out your instructions to help make this world a better place!

Want your kids to learn the principles of being a successful entrepreneur for FREE?  How to manage money? Invest  in Real Estate? Bring them to Wealth Camps Young Entrepreneurs in Training on May 30-31, 09! Go here for the details:

http://www.wealthcampseries.com/yetclub.htm

http://www.wealthcampseries.com
Charrissa Cawley has a long standing reputation for excellence as a gifted speaker, real estate trainer and wealth coach. Her strength lies in training entrepreneurs in the areas of real estate, investing and financial literacy. Her passion is bridging the gap between learning and doing. She has helped thousands of entrepreneurs all over the world seeking financial growth by equipping them with the tools, resources and specialized knowledge to succeed.  Charrissa offers accurate and proven strategies to investors of all different levels and is the founder of www.reiconferences.com, one of the fastest growing real estate investment training organizations in the US in addition to www.rewexclub.com , the top rated Real Estate Investor Community on the web today.

Blessings!

Charrissa Cawley

P.S. Want your kids to learn the principles of being a successful entrepreneur for FREE?  How to manage money? Invest  in Real Estate? Bring them to Wealth Camps Young Entrepreneurs in Training on May 30-31, 09! Go here for the details:

http://www.wealthcampseries.com/yetclub.htm

http://www.wealthcampseries.com

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Hi there! Hope you had a great weekend!
I spent mine with my family-were just waiting on
this third little girl of ours to arrive-wondering
is she’s ever going to make her debut into this world:)
Being over 9 months pregnant is certainly taking its toll on my energy level-thats for sure!

Two things:
I have something for you as a special thank you for being
my client. I appreciate you and just realized it may have been some time since I told you.
I wanted to give you a little something special from me to you, no strings attached of course:

http://www.reiclientappreciation.com/

Also, something I came across that I thought might interest you
or someone that you care about…Good news!

It’s information on the Federal $8,000 First Time Home Buyer Credit-pretty incredible stuff.

http://www.federalhousingtaxcredit.com/2009/home2.html

http://www.irs.gov/newsroom/article/0,,id=206293,00.html

Just FYI…You can still close on a home anytime in 2009, and even if you have already filed your 2008 return, file an Amended 2008 return and get your $8,000 check yet this year…
Just thought you might be interested or know someone that this could help!

Talk to you soon.
Charrissa Cawley
http://www.REIconferences.com

P.S. Get your tickets to my next LIVE training here before they are gone-were more than half sold out already:
http://www.wealthcampseries.com/special
I would love to see you!

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REOs are poison to financial institutions, restricting their ability to lend money on properties and help them to improve their financial situation.  Things have gotten so bad for many of these banks that – even though they’ve gotten a boatload of money from taxpayers – they need to raise cash fast to prevent their collapse.

This is great news for real estate investors who are poised to jump at the chance to snag these properties at fire sale prices.  If you’ve been sitting on the sidelines waiting for the perfect moment to jump in the game, the time to lace up your shoes has arrived!

Financial institutions need cash and they need it now.  Quiet discomfort over their situation has turned to sheer desperation as the government has gotten increasingly proactive in taking control of any institution they feel is too weak to stand on its own two feet.

Buying an REO property involves making the right moves at the right time.  Now is the time.  In order to avoid having to possibly fork over control of their institutions to the government, lenders are increasingly screaming, “Yes!” to offers they would have rejected with a sneer just a few weeks ago.

Don’t let your lack of knowledge stop you from positioning yourself to retire wealthy beyond your wildest dreams within the next five to seven years.  This is the time seasoned investors have been waiting for, so your time is now.  To learn all the insider tips, tricks, and cutting-edge strategies you need to secure your financial future today, point your browser to www.rewexclub.com and sign up for a $1 trial membership.  If you like it and want to continue for only $97 per month after your trial ends, that’s great.  If not, cancel with no hard feelings.

You can click your heels together all day long and get nowhere – or you can pony up the cost of a cheap dollar menu burger and change your life.  The choice is yours. Which will do more to help you survive long-term – a heart attack in sack or all the tools you need to build the future of your dreams? www.rewexclub.com

Blessings!

Charrissa Cawley

www.REIconferences.com     

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Hi there! Happy Easter! I hope you have had a blessed day!

My family and I have really enjoyed our time together in celebration

of Easter this afternoon! Here’s a pic of us enjoying a

beautiful day!

 I just remembered something I wanted to let you know about too:

There is this great new funding source I just stumbled upon and I wanted

to share it with youm as I know many of you are looking for funding

right now!

It is www.pertuitydirect.com

You should check it out-some great lending options!

Also, I just wanted to addreess this real quick.  I have been getting literally hundreds of requests to do another LIVE Coaching Series which I have not done in some time now, but Im opening one class and one class only as of tomorrow and registrations will start being accepted tomorrow morning at 9am CST! This is my 6 week personal group coaching program that has been closed for the past 6 months. I can accept only 6 students total out of my 85,000 client database, so if you want a spot in this exclusive “by application only” program that has not been open in months and won’t be open again anytime in the near future, Call Jaime after the program opens tomorrow at 9am CST at 888-250-6616 ext 705 for details.

I look forward to working together to help you achive your investing and money making goals in 2009!

Charrissa Cawley

www.REIconferences.com

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With all of the challenges in today’s world, success as a real estate investor can seem like a faraway dream with little hope of ever coming true.  Don’t be discouraged if you haven’t tasted the thrill of victory yet because it’s never too late to change your course – or your destination.

It starts with making a commitment to your future and undertaking a series of proactive steps to move you in the right direction.  The path to success involves multiple steps:

·         Mental preparation

·         Proper education

·         Support

·         Skilled Coaching

·         Business skills

Can it all seem overwhelming and more than a little daunting to someone who has never stepped out of their comfort zone and tried something new, empowering, and life-changing?  Absolutely.

You need a support system and a plan for reaching your goals.  That’s never been truer than it is today.  At every turn it seems there are barriers to your success that are destined to knock you off track and derail your best-laid plans.

So get the rock-solid education, training, and support you need to succeed.  Your future financial independence depends upon the important decisions you make today.  Get a roadmap for success today at www.rewexclub.com that will lead you to the giant ‘X’ that marks the spot where the first of your real estate riches is buried.   

Pick up the right tools for the job and ride the rail of success.  Change your life today!

Blessings!

Charrissa Cawley

www.REIconferences.com

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Are you just getting started as a real estate investor and concerned that your dwindling bank account balance might make investing in today’s economy a pipe dream?  If you are, listen up, because bargain properties are everywhere if you just know where to look – and where you live doesn’t matter.

Banks are foreclosing at an astonishing rate and – in the event they can’t work something out with the owner – these properties eventually wind up in the bank’s REO inventory.  When this happens, the situation gets very ugly for the lender, especially if the property needs substantial work to make it livable. 

To combat this, banks are unloading some of these properties for as little as $500.  Places like Indianapolis, Cleveland, Detroit – even Flint, Michigan – have REO properties available for less than 3K.  That’s right: $3K.  There aren’t just a few available.  Hundreds of houses can be had for less than you’d pay for a used car.

So if you’re even considering spreading your wings and seeing just how far you can go as a real estate investor, I strongly encourage you to look into some of these properties.  If you don’t think you have the cash to snap up some of these properties, think again.  Get creative.  Go through your garage or a spare bedroom, gather up things you don’t need or want, and have a yard or garage sale.  If you need to, turn your kids upside down and shake the loose change out of their pockets.  When they complain, give them a little extra computer or TV time and tell them that they’re investing in their inheritance.

With so many bargains available today, buy one or two with cash on hand.  No money for repairs?  Give yourself a short-term loan by financing rehab costs with a credit card.  You can pay yourself back pretty quickly.  You might do a quick fix and flip or take out a home equity loan when you’re done.  

The good news is, with prices this low, your options are wide open.  It doesn’t matter if you live near these properties.  With the advent of the Internet age, you can live anywhere you like and make a small fortune in real estate – and you can do it virtually.  The days of investing only in your local community are over.  The Internet makes every step of the process easy – and profitable.

So get off the couch and get into gear.  If you don’t want to spend the rest of your life looking back and wishing you had taken advantage of the opportunity to guarantee your financial future, act today.  You may not be able to get your hands on a government bailout, but this is actually better.  When bailout cash is gone – it’s gone.  The wealth you can create with a few well-planned and executed real estate investments can pay you back for the rest of your life.

Then you can pay your kids back for the loose change you commandeered.

If you’re not sure about how to invest virtually – or you want to explore some of the other real estate tips and tricks that can take you to astounding financial heights, go to www.REIconferences.com.  The advice is timely, the information is practical, and the resources are more plentiful than foreclosed houses in today’s market.

So what are you waiting for?  Take charge of your future.  You’ll be glad you did.

Blessings!

Charrissa Cawley

www.REIconferences.com

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Oh how the mighty have fallen.

According to Case-Shiller, the National Home Price Index dropped by an eye-popping 16.6% in the third quarter.  While that’s not exactly cause for celebration, it could be worse.  And if their predictions for 2009 are at all accurate, 2009 isn’t looking to be a banner year either – especially if you’re investing in California.

They’ve released their forecast for next year and 8 of the 10 biggest projected losers are in California.  Here’s the list, along with their best guess for how much more the market is expected to drop:

1.      Los Angeles, CA        -24.9%

2.      Stockton, CA             -24.7%

3.      Riverside, CA            -23.3%

4.      Miami, FL                  -22.8%

5.      Sacramento, CA       -22.2%

6.      Santa Ana, CA          -22.0%

7.      Fresno, CA                -21.6%

8.      San Diego, CA          -21.1%

9.      Bakersfield, CA        -20.9%

10.  Washington, DC      -19.9%

If you’re investing in any of these markets, you can still make money.  Will it be a challenge?  You betcha.  Can it be done?  Absolutely. 

If you don’t want to fight as hard to make money, you might want to jump out of your own back yard for awhile.  I know the grass always looks greener on the other side of the fence, but there are markets that look infinitely better right now.

The good news?  You can invest where the numbers make more sense to you.  Where you rest your head every night has never been less important than it is right now.  So take a look around.  There are local real estate markets that have a downright rosy outlook.  Find those markets, do your homework, and invest to your heart’s content.

2009 will be a banner year.  Stake your claim on the kind of future you’ve always dreamed of.  There are millions of dollars just waiting to be made.

The gold rush is well under way.  It’s not too late to grab your share.  All the tools you need for your very own gold mine are available at www.REIconferences.com

Blessings!

Charrissa Cawley

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Have you been sitting on the sidelines watching other investors play the real estate investing game?  How many good reasons do you need to convince you that now is a great time to get started?

I can give you 2 trillion reasons why NOW is the time for you to quit sitting and start investing.  That’s the amount of homeowner equity that has evaporated so far this year.  This lost equity has resulted in a lot of homeowners being upside down on their mortgages – and looking for a quick exit.

When you factor in an economic crisis of biblical proportions, rampant job losses, and thousands of businesses on the brink of extinction, you have a nation filled with motivated sellers.

It’s true that whenever a homeowner realizes they can’t afford to keep their home, it’s a tragedy.  An even greater tragedy is knowing that the very best you can hope for is a foreclosure and credit damage that’s going to follow you around like a lost puppy for the next seven years – or longer.

This is where a savvy investor can play the part of the hero in a massive homeowner rescue effort.  But what can you do?

You can stand by and do nothing – or you can roll up your sleeves and get to work.

If you’re not sure of what to do, you need to take the first step.  Learn winning strategies for buying some of these properties.  Help homeowners find solutions for their economic problems.  The government is spending money on massive bailouts for big businesses and other entities that are “too big to fail”.  Everyone else is left swinging in the wind.

Are you unsure of the first step – or confused about how to get started?  Don’t sit there and do nothing.  As the saying goes, let your fingers do the walking…to your computer mouse and head on over to www.REIConferences.com.  Let us help you take advantage of the chance to reach your potential as a self-sufficient real estate investing entrepreneur. 

Do it now!

Blessings!

Charrissa Cawley

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In my last blog post, I told you about how President Roosevelt basically kickstarted the economy to end the great depression by confiscating gold which devalued our currency, before revaluing gold much higher.  I’ve done a little more reading on this subject and I see this as a possibility – maybe one of the more risky ideas out there, but one that has some interesting side-effects. 

The G-20 nations will get together for another big meeting after President-elect Obama’s administration takes over.  They’re not supposed to meet until April, but I won’t be at all surprised if they don’t get together a little sooner than expected because there’s a massive mess to straighten out. 

I’m thinking more and more that this might be the hidden solution to a lot of the problems we have.  If this is indeed the solution they select, there are some risks and rewards that will come into play.  First, there’s a chance that it might not work.  The longer other ideas don’t work, the better the chances that they’ll try to pull a rabbit out of their hat and try something radical.  And, don’t forget that so far nothing else is working either! 

Then again, this strategy worked once before – on a global basis – so I think that lends credibility to the idea that it could work again. 

One big risk to devaluing currency and then revaluing it by a fixed percentage is that it could cause hyperinflation if they don’t do it right.  And that could be a very bad thing, especially for people that have cash.  Which leads me to a very good side-effect of this idea.

If they revalue gold upward that will revalue other assets upward by a comparable percentage.  Therefore, things like real estate would increase with the stroke of a Presidential pen.  So if you have a real estate investment with no equity before the adjustment is made, you could instantly have equity buildup of 40% or more. 

Will they do it?  And what could that mean to you and your family’s net worth? 

The property-buying spree real estate investors everywhere are on right now would probably come to a screeching halt.  But, the property you have could potentially be worth a whole lot more than it is now.   In this situation, you could literally become an overnight millionaire.  

Disclaimer:  I’m not a lawyer and I’m not an economist.  Before you do anything I suggest you do some research of your own and see what the risks and rewards are for yourself.  Make your own judgment about what you think makes sense – or get the opinion of an expert.  The bottom line here is that by doing your own homework you get to take all the credit for what you ultimately decide. 

Big changes are coming.   I don’t know what will be decided in the end, but these are exciting times as we rock and roll with every twist and turn this adventure we call real estate investing decides to take.  Doing nothing will get you nowhere fast, but staying on top of current events and making smart decisions could easily set you on course for your own golden parachute – without having to go crawling to the government and begging for a handout. 

Happy Investing! 

Charrissa Cawley    

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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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