Archive for REIC Insider

Change of mindset

Jun 24 | by | Mindset, REIC Insider
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If you live in constant need of creating security, no matter how exciting or rewarding your life gets, it will only be a matter of time before you seek a new adventure. Now, that doesn’t mean that new adventures are bad. By all means, learn new things, get more degrees, travel to new places, progress!

Human beings are programmed to progress. We are encouraged to be ambitious, to reach for the stars! But the difference is the state of mind you are in. When you live in this constant state of fear and insecurity, nothing is ever enough and the more you get, sometimes the emptier you are.

When you are making a million dollars, that state of fear will tell you that a million dollars is not enough and you have to keep going. It becomes this unhealthy addiction of acquiring more and more and often leads to a life of criminal activity.

Change your mindset, replace fear and insecurity with the desire for progression and ambition then your life will be more about enjoying what you are experiencing rather than hoarding the results of your “successes.”

Different methods of investing

Jun 14 | by | Real Estate, REIC Insider
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The Six Elements of Successful Investing: various Methods compared and contrastedbest investing guide pic Different methods of investing

I put more than $15,000 and hundreds of hours of work into my first property. I eventually sold it, making a $54,000 profit. My second property required $6,000 of repairs and about sixty hours of work, and I made over $100,000 upon selling. I never set foot on nor did I put a penny into my third property, which I sold for a $20,000 profit. Which deal yielded me the greatest return?

Even though my second deal made me $100,000, it still required a lot of time and money. My third property was the winner because it only took a few hours of my time and no money.

Profit is just one aspect to consider when you’re seeking the best way to invest. Granted, it’s a vital factor, yet far too many people consider it to be the most important, which leads to faulty decisions. There are actually six elements of successful investing, all of which must be considered with every deal, every system, and every strategy in order to make wise investment decisions.

What Am I Creating?

Jun 7 | by | REIC Insider
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This is a training that Kris Krohn shared for our weekly Monday morning training:

Kris shared a story about his grandmother and how she shared the journey she and her children took to come to America.

She shared with Kris what it was like during WWII. She had met a wonderful man, and had gotten pregnant by him before he left for war. This was a huge embarrassment as she became larger and larger.

She thought her fiancé was dead because she didn’t hear from. She married a man to be legitimate, and he went to war. Her fiancé returned and she broke the news which was hard. Eventually both men died in the war, and she ended up with two children and no husband. She went into hiding as the Russian soldiers entered her village. Her father disappeared and she came up to see him shot by the Russians. She also was shot twice but managed to survive. She ended up in a death camp, escaped, was raped by the Russian soldiers, and finally was reunited with her children.

This was the beginning of Kris’ father’s life. All he knew was a war-wracked Germany. At 32, Kris’ father came to American to find a new life. He found Kris’ mother; they had 9 children; he purchased land and built a home for them. He would say “I never had a father growing up” – Kris realizes the impact he has on his children.Kris’ father knew what he didn’t want, but hasn’t gotten beyond that.

What is your next frontier in your life? Are we creating the results we want in our life?

Exercise on where we are, what we want to change, and what we want.

The longest list is what we are focusing on – let’s focus on the things we want to create. Are we o.k. with where we are? Are we up to the challenge to creating what we want? It is our birthright to grow what we want. We don’t realize the light that we are missing. Our subconscious takes in a lot more than we have.

If we can’t imagine what we want, we will never achieve it. We must think things into reality. Thoughts become things.

What is the link between what we do here, and what is manifest in the rest of our life?

If you came up with something new, this is the inception of Creation – you are manifesting something new in your life. The next step is to put it into action. This is a manifestation of the divinity within you. Defining what you want is creation. The more distances we cross spiritually, intellectually, physically, etc. the happier we will be as conscious creators.

Calculators

May 26 | by | REIC Insider
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hp10bII CalculatorsThere are tons of calculators out there. Some for love, some for weight loss, some for statistics, some for debt, retirement, and savings. If it’s a love calculator, they ask you likes/dislikes questions, preferences, etc. 

For weight loss they ask you about your caloric intake, amount of exercise, sometimes even genetic information (those aren’t the free ones though).

For financial calculators it’s all about debt, income and expense. How much are you making? How much do you spend? How much do you owe?

You probably don’t need too complicated of a calculator to figure out your budgeting. Sure you probably have a Chase Credit Card, a Wells Fargo Financial loan, a car payment and probably some student debt.

You have a cell phone bill, mortgage payments, groceries, occasional play money, etc. But do you really need a calculator? Maybe for more complicated things, sure but the simple answer is to spend less than you make. And if your income goes up (after 10 years on the job) don’t increase your expenses.

If you could live off of $1200 a month and are now making $2000, do you really need to add $700 worth of expenses? $700 in electronics, clothes and a nightlife? Anyways, that’s beside the point.

If you have debt, yes you want to pay it off as fast as you can. But for a lot of people, with how much they make vs. how much they owe, they can’t pay off that debt in the way that they want. If you could set aside one paycheck a month to go to your bills alone, wouldn’t that be great?

But in reality, you need that for, well, life right?

So many of us have these big dreams – travelling, starting foundations, building a better life for our families. Unfortunately, for a good majority of us, that requires quite a bit of money. So we settle for watching the travel channel, contributing to someone else’s charity and hoping that our kids build a better future than we did.

And so life goes on and this is the cycle we follow. We use calculators to figure out our lives to help us figure out where to redistribute our money or how long do we have until the debt is gone.

We work at our jobs (that most of us don’t like), and fall into this—as Kris Krohn calls it—state of unconsciousness. If you want to get out of your current financial situation, take charge, become conscious, find a way to bring in more money. Stop calculating already! Join REIC!

Good News Moment at REIC

May 25 | by | Announcements, Meet the team, REIC Insider
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Every Monday, REIC has their weekly staff meeting. At this meeting, Kris Krohn asks the employees how their weekend was and if anyone has any good news. For this blog post, I’d like to share some of the good news from within REIC:

  • Abby had her baby shower
  • Shilo Peay’s wife had her baby this weekend – they are naming her Jersey
  • Welcome to Brady Uselman
  • Edye sold a lease option last week.
  • Jordan Eyre is closing on his house this week.
  • Stephanie’s “baby” turned 15 this weekend and celebrated with a huge party?
  • Dallin Earl graduates from high school this week. He has 9 people signed up for this week’s seminar and is on fire with the BD program
  • Steve Diamond’s associate in Albuquerque have put together a BD meeting at a local food bank with 11 people show to the program; Kevin introduced the seminar, 9 have filled out paperwork, and six who are watching it online.
  • Welcome to Rick Roller – a real estate broker who has joined TREF, and has become a business developer. Gave story of a couple of 15 year old teenagers trying to decide what they wanted to be in HS. One said he wanted to be student body president, the other senior class president. An older brother suggested they interview the current leaders to see how they did it.  They followed his example, and were successful. They learned that the secret to success is to find a system that works, learn how it works, and do it.
  • Welcome to Corbin, a new staff member who has joined REIC after 3 weeks employment. They decided to take the steps to make a change in their life. He found that the principles we teach work for others, and wants to do it for himself and his family.
  • Three people who signed up last week did so because someone had handed them the book, which they read, and decided to take action.
  • Josie – our paintball activity is on Friday with assignments. Please RSVP to Josie so she knows who is coming, and sign up for a food item.
  • Thanks to our coaches, who continue harvesting wonderful testimonials.  Nik played a testimonial recorded by Rodney Beacham. The message is that REIC takes real estate to a higher level, where you find your real meaning in life, and use real estate to help you achieve the financial key to make it happen.

The Worst Investment in America

May 12 | by | From the Coaching Corner, Meet the team, REIC Insider, Some food for thought
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Kevin Clayson, the vice president of REIC, wrote an outstanding article called The Worst Investment in America.

You would be surprise to find out that more than 200 million Americans invest into a particular investment every month with the following features:

  • It earns on average a zero to negative 3 percent annually
  • Once the investment is fully funded, it produces no income, no dividend, yet you are still required to pay taxes on it annually
  • Every dollar you put into this particular investment, increases rather than decreases risk.

Please enjoy this document by downloading it below!

The Worst Investment in America

Pictures from Wealth Summit

May 7 | by | Announcements, REIC Insider, Some food for thought
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Here are a few photos from the Wealth Summit yesterday!

DSC 0064 300x200 Pictures from Wealth SummitDSC 0087 300x200 Pictures from Wealth Summit

DSC 0111 300x200 Pictures from Wealth SummitDSC 0127 300x200 Pictures from Wealth Summit

DSC 0139 300x200 Pictures from Wealth SummitDSC 0194 300x200 Pictures from Wealth Summit

Kris Krohn Signing Books

May 6 | by | Announcements, In the news, Real Estate, REIC Insider
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Kris Krohn’s new book, The Strait Path to Real Estate Wealth, just arrived on yesterday. We received 1000 copies for the 2010 Annual Wealth Summit.

DSC 0059 300x200 Kris Krohn Signing Books

Kris shot this video so you could see all of the books that he had to sign.

REIC Insider: Josie

Apr 30 | by | REIC Insider
2 Comments

Most of what I do at REIC is not real estate related at all. I don’t know much about buying a home and I don’t know a whole lot about the current real estate market other than it kind of stinks right now. I deal with all of the company policies and procedures, manage the crazies that run around the office and ensure are in compliance with every law ever created for the workplace! No, I’m not like Toby from The Office…Ok, well maybe I am. But that is beside the point. A project I’ve been working on is Leadership Training. Trying to figure out what kinds of leaders we want to build at REIC, what to teach them, what books to read, what ROI the company will get from it. I do A LOT of reading and research about motivating employees, recruiting, selecting and hiring the right people and building company culture. I have an extensive list of books to read for the summer, one of them is Emotional Intelligence. Earlier today, I was reading an article that highlighted a few points from that book and gave 11 key steps to success and applied them to the workplace. To introduce these 11 keys to success, Julie Jansen wrote: “Time and again, it is apparent that those individuals who exhibit these 11 keys and use them most productively are consistently the most successful and well-liked individuals overall. The good news is that most people are born with at least some of these keys or learned them at a very young age, and all of these keys can be developed or learned later in life.” The following steps are:

1. Confidence: an unshakable belief in oneself based on a realistic understanding of one’s circumstances; a trait that most people admire in others and strive to acquire themselves.

2. Curiosity: being eager to know and learn; always showing interest and giving special attention to the less obvious; always being the person who says, “I want to know more about . . . .”

3. Decisiveness: arriving at a final conclusion or making a choice and taking action; making decisions with determination even when you don’t have all the information you think you need.

4. Empathy: demonstrating caring and understanding of someone else’s situation, feelings and motives; always thinking about what it’s like to walk in someone else’s shoes.

5. Flexibility: being capable of change; responding positively to change; being pliable, adaptable, nonrigid and able to deal with ambiguity.

6. Humor: viewing yourself and the world with enjoyment; not taking life or yourself too seriously; being amusing, amused and, at times, even comical.

7. Intelligence: thinking and working smartly and cleverly; being sharp in your dealings; “not reinventing the wheel”; planning before acting; working efficiently and focusing on quality over quantity. (Important note: This is different from IQ, the common abbreviation for intelligence quotient.)

8. Optimism: expecting the best possible outcome and dwelling on the most hopeful or positive aspects of a situation; believing that the glass is half full rather than half empty.

9. Perseverance: having passion, energy, focus and the desire to get results. Motivation, persistence and hard work are all aspects of  perseverance.

10. Respect: remembering that it is just as easy to be nice; protecting another person’s self-esteem; treating others in a considerate and courteous manner.

11. Self-awareness: a sophisticated form of consciousness that enables you to regulate yourself by  monitoring yourself, observing yourself and changing your thought processes and behaviors.

I loved all 11 of these and will be incorporating them into my future leadership trainings for REIC. What do our seminars and coaches always tell you when you get started? Real estate is hard. It really is. And actually, almost all of the most rewarding things in your life are going to be the hardest. These steps aren’t just 11 steps for success in the workplace or real estate. But for life.

~Josie De Leon

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