Think like an Olympian

Proving great feats of physical and mental strength are possible, the Olympics always leave me in awe. Did these individuals start out so different from you and I? What transforms them from average...to good...to great...to elite? Practice, yes. Hard work, yes. But is there a secret that they know and we don't? As I sit in bed watching Men's Ice Skating and planning out my week, Scott Hamilton says, "...It's all about eliminating the Would'ves, Could'ves and Should'ves". I stop writing, rewind the DVR and listen again. That's it! There's my answer! Hamilton was referring to Evan Lysacek, but I felt like he was speaking directly to me.

The best of the best are never content with the status quo. They don't avoid the discomfort that comes with self improvement. They don't let fear prevent them from pursuing their goals. When they fall, and they do often, they brush themselves off and attack the challenge in a different way and of course they NEVER GIVE UP! While I don't see any Triple Lutz jumps in my future, Evan Lysacek and I can share one thing...an Olympic attitude! I am reminded that I want to do better, I can do better and I should do better. Always going for the gold!





With Renewed Motova8ion,


Nicole Marshall

Dealing with Difficult Contractors

Many investors dread the thought of dealing with their contractors. So often there are very few safeguards in place to insure timely completion and quality work. Having the proper documentation and agreements prior to commencement of work can make all the difference. Establishing the expectations and guidelines upfront, in writing, is so important. In addition, having someone overseeing your project can eliminate most problems before they become more serious issues. Having the knowledge and ability to establish these protocols allows you to free up your time for more important tasks. The downfall of many investors is their idea that the way to "save money" is to perform these tasks themselves. When we implement our safeguard procedures and documentation, it allows us to invest in the best Real Estate markets in the country with a whole new level of confidence.

Stay Motova8ed,
Joe Finnegan

Avoiding Bad Neighborhoods

As investors, a critical factor to insure a profitable investment is to AVOID BAD NEIGHBORHOODS! I do not care what the asking price is or what the value of the property is, if it is in a BAD NEIGHBORHOOD I am NOT buying there. There are several reasons for this requirement. First, your rents are going to be below market value and the quality of your tenants is going to be lower. With a lower quality tenant there is a greater likelihood the damage will be beyond normal wear and tear. You could also experience difficulty selling the property in any reasonable time frame as most people are not looking for a price below market value and there is an increased chance of vandalism during vacancies.

Check back for more info on rehabbing...next week I will be talking about dealing with difficult contractors.

Stay Motova8ed,

Joe Finnegan
Motova8.com

The Real Scoop On The Credit Card Act...

There has been a lot of chatter, both positive and negative, regarding the Credit Card Act of 2009. It was signed into law in May 2009 and will take full effect on February 22, 2010. This historic law will help level the playing field for us in a time when the credit industry has pressed the limits of unfair practices.

• No longer will credit rates on outstanding balances be increased unless the account is over 60 days late!
• No longer can credit card rates be increased in the first year of your credit card agreement!
• Low-interest introductory rate offers must be good for at least 6 months!

Finally, we have things going in our favor.

For more info go to http://www.govtrack.us/congress/billtext.xpd?bill=h111-627



Don Dockum
Motova8.com

Get busy with BUSINESS!

Hello Team,


I just spoke this past weekend in front of a group of 100 people of which all of them wanted to make a difference in their lives and take the step toward independence. Each of them wanted to become an entrepreneur and become a small business owner. Some did......some did not. When you add it all up only you can make the choice on pushing forward to the next level but DON'T let YOURSELF get in the way. I see a reoccurring theme of people being afraid to "pull the trigger" therefore waiting to pursue something they have been wanting to do for years.

Listen, learn and GO. If an opportunity arises be sure that you listen carefully to ID if it is an opportunity or not and then if it is, master it. Once mastered you can then have all systems GO and do your very best. I would rather have you fall short from your goal than not try to reach it at all.

There has never been a better time to be in business so buckle up and hit the gas. Next time I will be covering how to be more efficient in your workplace (creating more time for you to be better at what you do or focus on your personal goals).

Stay Motova8ed,
Tony Rosenbum