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Want to run the REIC marathon…technically it’s the Layton marathon…

But a bunch of us REIC people are doing it together!

Tony, one of our coaches/consultants, is gathering quite a few of us to run a marathon in September. He sent out an email reminder, asking us if we still wanted to run with him and before we emailed him back to change our minds he wrote:

you can do it1 214x300 Want to run the REIC marathon...technically its the Layton marathon...I believe that we are all limitless and that we can accomplish anything that we want to.  And yet, as a society, as a human beings, we are not manifesting our potential.  My question today is why? Why is it that we all dream so big and yet so many fall short of their dreams?  It is because it is difficult.  We’ve all experienced failure, disappointment and setback.  Everyone, at one time in their life, has set a goal. We all have been excited about and determined to accomplish something specific and yet failed.  We lacked the skills, knowledge or determination to follow through and achieve that goal.  At some time we came to the conclusion that we couldn’t do great things.  So, we stopped trying or maybe it’s that we keep trying and yet continue to feel the same sting of dissapoinment of not accomplishing the things we set out to do.  Essentially, we are reliving that same pattern over and over again.  Whether we’ve given up or continue to feel the discouragement of not succeeding, both are created by a belief that we are not good enough.  That very belief was created the first time we experienced failure.  So, how do we break through?  We break the pattern!  We break the pattern by experiencing success.

How does one succeed at something?  There are so many principles and “keys” to success.  In fact, chances are you already know them all. The problem is that we never apply what we know. We learn all of the principles of success, but we lack something realistic and tangible to apply them to.  But remember this, the principles of success are the same for everything.  Once we learn to use them, we can apply them to any goal we have.  Right now is your chance to apply the principles you know.  You have 2 ½ months to prepare to run 26.2 miles, a feat that less than one percent of the population ever accomplishes.  I can promise you that it is going to be difficult.  You are going to have to learn and apply many principles of success, some of which are:

  • You are going to have to learn to continue to push yourself after you thought you had given it your all
  • You are going to have to learn to set goals and the power of writing them down
  • You are going to have to learn the power of visualization and the skill of visualization
  • You are going to need to study and learn techniques about running
  • You are going to have to ask others who have been there
  • And you are going to have to ask for the help and support of the people around you
  • You are going to have to learn personal accountability and that there is no such thing as excuses
  • You are going to have to learn to take action and overcome obsticles no matter how big they seem
  • You are going to have to learn to start each day anew regardless of past setbacks
  • You are going to have to learn to persist without exception
  • And above all, you are going to have to discover the motivation that lies within you, the drive that will enable you to accomplish anything hard, demanding, problematic or seemingly outside of your capabilities.  Basically, you will need to learn to revive your inner potential.

That is the reason I am running a marathon, even though most people would call me crazy for doing so. In fact, a year ago I was the one saying I would never run a marathon.  But, that was before I realized what I am telling you now: That the principles I will learn by training to run are the exact same principles necessary to accomplish any difficult thing.  Running a marathon will simply give you a practical application to begin to use the principles you probably already know, but to a degree far greater than you have previously.  Once you understand how to use these principles you can use then for whatever else you want it life.  So, ask yourself what is it you want that you are not currently able to obtain?  More money?  Success in building a business? More success in your current career?  Physical health? Better relationships?  Deeper spirituality?

If you want to experience breakthrough or  are frustrated with your current results and want to accomplish more, I can promise you that truly committing to properly prepare for and run this marathon will give you just that.

If you feel at all tempted, or maybe a better word is motivated, to do this, NOW is the best time ever.  Not only because there is only power in the now, but because you will never have this much support in accomplishing something like this. You will have an entire team of friends and co-workers who are all training together and who will be a support and accountability for you. Also, I give you my personal commitment that I will not only train and run this marathon, but also do everything I can to support you. I will send out periodic e-mails with reminders and running tips, techniques and new principles of success and how to apply them to running.  You may never have a chance like this again.

If you want to join in, email us!

Subject: REIC Layton Marathon

email: info@reicglobal.com

Your Programming

So, being in HR, I don’t get a lot of interaction with our clients. Occasionally I answer the phones, schedule a few appointments as a back-up person, etc. But this past week I was appointed to take care of our special clients from Mississippi. So I made a special sign for them, you know, the type that limo drivers make so their clients can figure out with ride is theirs? I’ve always wanted someone to do that for me, so I figured they’d probably love it. Can I just tell you, those brief hours with them were some of the funnest that I’ve ever had in a “work” activity. They were both so full of life, and so in love after 18 years of marriage. Meeting these clients and listening to their philosophies of life, I knew they fit right in to REIC and the culture that we try to develop as a company and through our coaching sessions. This particular client is literally a jack of all trades Renaissance man and he has the perfect woman who supports him in everything. He has the biggest gee-whiz collection I’ve ever seen! He knows how to call alligators, build furniture, captain a boat, scuba dive instruct, drive a semi-truck and he’s even written a book called “The gods We Are” (to which, I received a signed copy!).

As I read his book, one thing stuck out to me the most that he wrote:

“Are we getting all there is out of life? Are our marriage, our children, our job, our dreams, and ourselves what we want them to be? Or do we sometimes look at the other person wishing that somehow we could be like them as far as their success in life is concerned? Do we sometimes feel as though our backs are against the wall and there is no place to go? Well, you don’t have to be that person anymore. There is a God-given power that exists and you don’t have to do anything to get it—it’s already programmed inside of you: All you have to do is turn it on!”

Genius. Thanks Steve and Charlotte for the best Wednesday and Thursday I’ve had in a long time J

Chapter 3 from the Strait Path to Real Estate wealth

When I began creating the Strait Path system, I wasn’t just looking for what would make me the most money.

I wanted a system that would create the greatest profits after considering these other core factors. Everything else being equal, I prefer to make $20,000 in a few hours of my time versus making $40,000 with a hundred hours of my time. I don’t care how lucrative a potential opportunity is — if it’s highly risky, I stay away from it.

A strategy that may make me tons of money in a hot market could very well tank when the market turns.

What sets the Strait Path system apart from almost every other form of real estate investing is one key word: sustainability. Strategies and systems that focus on profit alone may make money in the short-term, but they are unsustainable.

This applies to every system that does not consider each of the six key elements equally and holistically. These inconsistent, unreliable forms of real estate include the following: rentals; fix-and-flip; lease options; speculative building; equity leveraging; distress sales, including short sales and foreclosures; land development, residential development, and commercial development; and multi-unit investing.

Kris Krohn’s Book Arrives

Hey all! Just wanted to share this exciting news. My book, The Strait Path to Real Estate Wealth, just arrived at the office today. We got all

The debt generation grows old

Debt and retirement aren’t supposed to go together. We envision older Americans living thriftily in paid-for homes, clipping coupons and eschewing credit card debt.http://blog-pfm.imf.org/.a/6a00e54ef005958834010536d193e1970c-800wi

While that describes plenty of older people, it doesn’t capture the whole picture:

  • Nearly six out of 10 people ages 65 to 74 have some kind of debt, according to the Federal Reserve’s Survey of Consumer Finances. The most common kinds of debt include mortgages (32.1%), credit card debt (31.9%) and installment loans (27.5%). The number carrying debt drops to four in 10 for people 75 and older (18.7% have mortgages, 23.5% have credit card debt and 13.9% have installment loans).
  • Some seniors carry huge debt loads relative to their incomes. Nearly 16% of households headed by 65- to-74-year-olds said their debt payments exceeded 40% of their incomes. Nearly 14% of those 75 and older were in the same bind. Among other age groups, the percentage that devotes 40% or more of their incomes to debt ranges from about 13% in the 34-to-44 age bracket to 16% for those 45 to 54.
  • The bankruptcy rate for people 55 and older soared from 1991 to 2007, according to a study by the Consumer Bankruptcy Project. People 55 and older accounted for 8% of bankruptcies in 1991 but 22% of the cases in 2007. Bankruptcy rates for people 75 and up more than quadrupled.

Outside The Box

Yesterday my 18-year old son, Sam, called me from home to say “Mom, while cooking a smoke-bomb on the kitchen stove I let it heat up too long and it exploded. The good news is that everything in the kitchen is o.k. – the bad news is when my spoon caught fire, I threw it into the living room and there is now a spoon-shaped burn on the sofa.” After wiping away my tears of laughter, I asked him what he learned from the episode, and he answered “next time my spoon catches fire, throw it towards the sink.” When was the last time you did something outside the box? The greatest satisfaction I get from working at REIC is we create solutions by refusing to say “it can’t be done” and finding a way to create success for clients, when others give up. So keep going, keep looking, and create your own amazing destiny!

~Christine Graham

How will you change your financial destiny?

Today I came across an article that talked about changing my financial destiny. I clicked and read a few paragraphs and was disappointed that there was no shout out to Miss Cleo “Call-Me-Know-For-Your-Free-Tarot-Card-Readin’” (by the way, as a side note – Miss Cleo was NOT from Jamaica she was from Los Angeles and she apparently made $13.5 million dollars doing this psychic hotline informercial!)

Anyways, what author Liz Weston wrote at the beginning of the article is mainly what I wanted to share:
“If you’re not where you want to be – personally or financially—maybe it’s time for a major life change. Little changes can add up. But sometimes they don’t add up to enough.

You can trim expenses, sell excess stuff and work a second job. But if you’re still not where you want to be, perhaps a much larger change is needed.
Maybe you need to get out of a dead-end job. Perhaps your whole industry is dying and you should consider a new career. Or maybe you’re living in the wrong place to get ahead or have a decent quality of life.

One thing you can be sure of: Your finances won’t change for the better on their own.”

For those of you who are familiar with the philosophies and mindset training of REIC, you’ll know that we teach a lot about taking control of your life, doing what you love, and liberating your finances. The Strait Path System provides you a way to make these necessary changes not just in your finances but also in other areas of your life including the spiritual aspects, relational aspects, emotional aspects, and intellectual aspects.

This Is Your Chance to Invest!

This Is Your Chance to Invest!–REIC brings REOs to their clientele through a fractional real estate approach. Typically, it can require millions of dollars, along with the right contacts, to be able to invest in this kind of real estate. REIC combines investors to allow everyone an opportunity to invest in this rare form investing.

Once a bulk REO package is purchased from the bank, the pool is dissected to find out which properties to sell, which to fix up, and which homes to hold on to and rent out. REIC has developed a detailed strategy in order to optimally perform this task. Some of the necessary steps include: proper market research, reviewing BPOs (Broker Price Opinions) online and in person, assessing repair needs, contesting delinquent taxes, and renting and liquidating the real estate. REIC is able to liquidate the undesirable real estate, and hold on to the most profitable rentals.

REIC Success!

Before starting with REIC, I didn’t know anything about real estate, barely made enough to cover expenses, and didn’t see a feasible way to become financially independent at an early age. I wanted to be free – I have many passions I want to explore and dreams I want to fulfill, but I knew with the life I had, it would be very later in life (if ever) for me to actually realize those.

Kris Krohn, whom I grew up with in Seattle, helped me buy my first home, nothing down. He said it had equity and at the time I didn’t really know what that meant but I trusted him. I was single, and as I started renting out my extra bedrooms, I was amazed that I was getting PAID to live in my own house (I was getting more rent than the mortgage payment) – even though I didn’t put anything down on the house; and THAT’S when I understood what equity meant!
Naturally I was very excited, and started learning all I could about real estate (I’m a real estate nerd at heart) and many of my friends and family caught my enthusiasm and decided to join REIC. A few asked me to partner with them, so they could leverage my “experience”; where I became the management partner and used their money and credit to help them achieve a better return. By so doing, I picked up 2 additional houses through partnering in this manner. I bought another residence about the same time (one year after the first one), and had exactly the same results as with the first house. Later, in November 2008, my wife and I married and bought our first house together, also with an REIC discount.

WITHIN JUST 18 MONTHS OF JOINING, I CHANGED FROM A NET WORTH OF -$30,000 AND NO HOPE OF ANY REASONABLE RETIREMENT; TO 5 HOMES, A NET WORTH OF OVER $150,000; AND A CLEAR VISION ON HOW TO CREATE RETIREMENT THROUGH REAL ESTATE. My dreams and visions will now be fulfilled. Since then, I have invested in national real estate and partnered to own 3 more local properties.

I am so excited for what REIC did and is doing for me. Without REIC, I’d be lucky to own 1 house right now.

Looming Real Estate Shortage?

From the desk of Kris Krohn:

I recommend reading the following article by Ryan Hinricher that discusses the possibility of a shortage of housing in the next few years. 2010 is expected to bring 2.4 million additional foreclosures and builders aren’t building according to the population growth of the country that requires 1.5 million new homes a year in addition. This may lead in the next few years to a shortage that can increase real estate prices in the coming years and make these next couple years the most important for building a real estate portfolio.

For more:  http://www.biggerpockets.com/renewsblog/2010/03/01/housing-shortage-looms/

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