08 Jan
Posted by justin_lee in Business building, Goal setting, r.e. investing
So by now you’ve already made your new year’s resolutions, and (hopefully) come up with a game plan on how to “Make 2013 Your Best Year Ever” (yes, a tired cliche that was emailed out everywhere last week).
Guess what?
I still haven’t made my 2013 plan!
The reason?
I’m still reviewing 2012’s results, seeing what worked, what didn’t, what enjoyed, what I didn’t, and what I can improve on.
Am I late to the party?
Sure, a little bit.
But last year I also noticed something in my business. I think back to a famous quote, one that I heard real estate investing legend Ron LeGrand:
That’s what I’m all about in 2013:
Fewer deals with bigger margins. I’m looking at blocks of houses, not just individual ones. I’m looking at raw land, and the possibility of sub-dividing it and flipping it to a developer.
I do have a couple of “new” things in the works however. But they are small, low impact, and possibly high return endeavors. The first is that I’ve launched my first ever “Meetup Group”. Are you familiar with meetup.com? It’s a place to go and find other like minded individuals about specific topics. It could be anything from real estate investing to cooking to working out to mother or father groups. If you have an interest, there’s a probably a meetup.com group for it in your town.
Why am I launching a meetup group? Two mains reasons:
1. I genuinely want to help people in Canada invest in USA real estate. Especially since real estate in Canada (especially Vancouver, the 2nd most unaffordable city in the world when it comes to housing) is way overpriced. If I can show someone here how to invest in real estate (much like I do with people who read my blog and my emails), and they can close a deal and make some extra money, that would make me happy.
2. Selfishly I’m looking for more partners. Specifically, I’m looking for more private money lenders to fund my buy, fix and flip business in San Diego, and I’m also looking for joint venture (equity partners) to help us on bigger development deals, and also for buying blocks of houses that we’ll hold/keep for cash flow.
If you’re looking for more buyers or private lenders, I would strongly encourage you to start your own meetup in your own city. The cost is $72 for the year (payable to meetup.com). But if you set your group up correctly, you instantly establish yourself as an authority in your local market. Heck, I bet that you’ll even have deals brought to you. Go ahead and start one!
The other new “project” that I have on tap for this year is to write another book. Only this time, it won’t be about deep frying turkeys; instead, it will be about the life that Dreama and I have built for ourselves, which we owe primarily to real estate investing and earning an income online.
It will be a guide for how to get out of the rat race, and instead live a happy, fulfilling life. When it comes time for book reviews, don’t you worry, I’ll be asking you for your help!
Speaking of you, how can I further help you in 2013?
I’d like to for you to let me know. Just a leave a comment at the bottom of this post.
Finally, what information would you like to see more of this year? I am pretty well connected in the entire real estate education industry, but I want to know what you would like to learn more about.
Also, in what format would you like to learn?
In case you haven’t noticed, we barely did ANY webinars in the 2nd half of last year. The reason is twofold: first, there weren’t really any good webinars to share with you. Secondly, I noticed a drastic reduction in webinar attendance last year. Why is this? Maybe if you could let me know below this post, it would help me to deliver better, more relevant information to you.
In closing, I’m excited about 2013, but only because I plan on making more money by working (and more importantly “doing”) less than I did in previous years.
Can I do it?
Only time will tell.
What I do know is that I want to hear from you, below, about how I can help you and what kind of information you want to see more of this year.
Enjoy 2013. I know I will!
Share and Enjoy:
2 Responses
Randy Rutledge
January 8th, 2013 at 2:00 pm
1Justin,
I’m in the Phoenix, AZ. area and buy & sell wholesale, cashflow, SS, etc. working with multiple investors in the valley.
I have at least 10 lists of SFR’s in Phoenix from 16 homes to 105 homes sold in bulk.
I have these 2 fix and flip deals available now and am looking for more sales platforms for the homes we get.
If you have buyers or are interested in these deals, please contact me.
> We’ve got 2 good fix and flip properties available now. Contact me at rjrgta@aol.com or 623-465-5694…..602-422-1432 Randy Rutledge, NB Andrews & Associates
>
> Fix/FLIP this Diamond in the Rough
> 3873 sf Main House + 1000 sf Guest House on 1.22 Acres!
> 5/4 Main House + 2/1 Guest House, Olympic-style Pool with 2 Diving Boards, Atrium, 2 Stone Fireplaces, etc.
>
> Cash or Hard Money only; $5k Non-Refundable Earnest Money to secure it.
> Deal Structure – No Deed Restrictions. Cash or Private Money. Available for Quick Closing.
>
> Price = 275,000
> 5903 W Cortez ST Glendale, AZ. 85304
> Cross-streets: Cactus & 59th Ave.
> · 5/4/3cg Main House + 2/1 Guest House
> · 3,873 s.f. Main House (County records) + 935 s.f. Guest House
> · Lot Size: 53,054 s.f. – 1.22 ACRES!
> · Built 1973
> · APN: 143-01-024
> · Taxes: $3222yr. (2012)
>
> Features/Amenities:
> · Huge Home on Massive Corner Lot in Nice Neighborhood
> · 1.22 Acres!
> · 2 Master Bedrooms, plus a 3rd Suite
> · Giant Atrium
> · Dramatic Vaulted Ceilings
> · 2 Stone Fireplaces (Gigantic one in Living Room plus 2nd one in Master Bedroom)
> · Lots of Custom Features, including Nautical Wet Bar
> · Fenced, Olympic-type Diving Pool with Tall and shorter Diving Boards
> · Irrigated Lot
> · Block Fencing; 3 Car Garage
> · Roofs resurfaced on both houses in the past year
> · Tremendous Upside to whomever freshens up this house
> · No HOA
> ARV ~ $400-500K
>
>
>
> ______________________________________________________________________________
>
>
> 1101 W Ocotillo Road, Phoenix, 85013
>
> Property Features
> • 2 Car Garage • Atriums • Basketball Court • Block Fence • Corner Lot • Desirable Location • Large House • Large Pool • Mature Landscaping • No HOA • Pool • RV Gate • Tennis Court
> Property Details – Huge Double Lot
>
> Price = $ 325,000
>
> 1101 W Ocotillo Road, Phoenix, 85013
> Cross-streets: Glendale Ave & 7th Ave
> · 4/3/2 Car Garage
> · 2411 s.f.
> · Lot Size: 21,482 s.f.
> · Built 1980
> · APNs: 156-24-003C & D
> · Taxes: $3387+380/yr. (2012- 2 parcels)
> ARV ~ $500K – 650K
>
justin_lee
January 8th, 2013 at 2:06 pm
2Hi Randy,
I would be more interested in the block of houses you have. I’ll contact you privately.
Thanks for commenting,
Justin
Add Yourself To Our Buyers List Today And As A Special Bonus, We'll Instantly Send You A Copy Of Our Free Report, Titled "How To Buy Investment Property The Right Way Report" that everyone's talking about.
Get Social
Archives
Most Popular Posts
Recent Comments
Top Commentators