For all of you fans of staging...watch out for these costly decorating mistakes.
1. Toilet Rugs (one rectangular rug 6 inches or more from the toilet is fine)
2. Too Many Photos (use albums and feature just a few photos)
3. Boring Foyer (first impression)
4. Decorate out of theme (Hawaii in Alaska)
5. Outdated accessories
6. Lopsided furniture arrangements (looks like a cell phone signal)
7. Keeping something you hate
8. Too Formal Room (not allowed to sit in there)
9. Traffic Pattern of Furniture
10. Everything Matches (the whole house can come in a bag at Bed, Bath, and Beyond
11. Following Fads
12. Furniture that doesn't fit
13. Floating area rugs
14. Bright Lights (globes)
15. Frames Hung too High (should always be at eye level)
16. Tacky Couch Covers (pillows and throws do the trick)
Blessings to Your Real Estate Investing Successes,
Milton B. Yates
www.miltonyates.com
Monday, December 31, 2007
The Best Way to Learn Real Estate Investing in DC, Maryland (MD), Virginia (VA), and Dallas, Texas
A lot of people wonder why their dreams of becoming
a successful Real Estate Investor aren't quite coming
true. I can probably conjure up many theories of WHY,
but there is a major misconception when it comes to
effective vs. ineffective learning environments.
It is no SECRET that a student will learn more in a
one-on-one environment than in any other circumstance.
It may not be as glamorous, commercial, or even fun; however,
what is the goal? The goal of any learning environment is
to learn. A lot of students are LOST in their efforts
to simply understand basic concepts of real estate
investing. Why do you ask? The class size is too large.
It is very difficult for ANY teacher to satisfy the learning
pace of 100 different students.
A quick example: When searching for a High School for your
son or daughter, one of the first questions you will ask a school
is: what is your class size? The reason you ask the class size is
because you are aware that your child will learn more and will be
more equipped with information if there are only 15 or 20 other
students. So why do you think you are any different than your
child? Think about a Business Law class with 75 other kids
confused about how to understand the differences of
cross-border accounting, and how those differences can impact
cross-border post-transaction M&A disputes. Exactly. The law
of averages says many of those students will not learn and will
eventually fail or drop out of the course.
So if I am explaining the proper way to purchase a property
using a land trust and an installment land contract, subject to
existing financing; there is a chance you may become extremely
frustrated if your questions aren't addressed because there are
too many other students. This is exactly why you see people get
started in Real Estate Investing and then decide that it may not
be for them simply because they didn't learn.
From experience, students who learn in a modest capacity with
small class sizes or better yet one-on-one, have a significantly
better chance of being successful as Real Estate Investors.
Blessings to Your Real Estate Investing Successes,
Milton B. Yates
www.miltonyates.com
a successful Real Estate Investor aren't quite coming
true. I can probably conjure up many theories of WHY,
but there is a major misconception when it comes to
effective vs. ineffective learning environments.
It is no SECRET that a student will learn more in a
one-on-one environment than in any other circumstance.
It may not be as glamorous, commercial, or even fun; however,
what is the goal? The goal of any learning environment is
to learn. A lot of students are LOST in their efforts
to simply understand basic concepts of real estate
investing. Why do you ask? The class size is too large.
It is very difficult for ANY teacher to satisfy the learning
pace of 100 different students.
A quick example: When searching for a High School for your
son or daughter, one of the first questions you will ask a school
is: what is your class size? The reason you ask the class size is
because you are aware that your child will learn more and will be
more equipped with information if there are only 15 or 20 other
students. So why do you think you are any different than your
child? Think about a Business Law class with 75 other kids
confused about how to understand the differences of
cross-border accounting, and how those differences can impact
cross-border post-transaction M&A disputes. Exactly. The law
of averages says many of those students will not learn and will
eventually fail or drop out of the course.
So if I am explaining the proper way to purchase a property
using a land trust and an installment land contract, subject to
existing financing; there is a chance you may become extremely
frustrated if your questions aren't addressed because there are
too many other students. This is exactly why you see people get
started in Real Estate Investing and then decide that it may not
be for them simply because they didn't learn.
From experience, students who learn in a modest capacity with
small class sizes or better yet one-on-one, have a significantly
better chance of being successful as Real Estate Investors.
Blessings to Your Real Estate Investing Successes,
Milton B. Yates
www.miltonyates.com
Making Money in Real Estate Investing in DC, Maryland (MD), Virginia (VA), and Dallas, Texas
Understand that the success of your Real Estate Investing
Business is determined by how well you understand the
principle of sow and reap. A major misconception in this
business and many other businesses is that Ability is the
reason for its success. Unfortunately it is quite opposite.
Success has nothing to do with ability. Ability is the seed
that we use to sow. Our abilities are what we are able to
physically invest towards a goal.
Success has everything to do with your will to be successful.
If your Ability is sown properly, then your resources will
multiply and your business successes will overflow. Talent
can be wasted. When you realize your ability, you must
seek direction, be deliberate, and take action quickly.
Remember that Real Estate Investing is NOT a "Get Rich
Quick" scheme but a wealth building tool. Just like any
other business or project, it requires a commitment to
the process. A process is defined as a progress advance;
something going on or proceeding. A process is a natural
phenomenon marked by gradual changes that lead toward
a particular result. A process is a continuing natural activity
or function.
Enjoy the process of Learning Invest in Real Estate properly
and soak in both the successes and the failures of your business.
Blessings to Your Real Estate Investing Successes,
Milton B. Yates
www.MiltonYates.com
Business is determined by how well you understand the
principle of sow and reap. A major misconception in this
business and many other businesses is that Ability is the
reason for its success. Unfortunately it is quite opposite.
Success has nothing to do with ability. Ability is the seed
that we use to sow. Our abilities are what we are able to
physically invest towards a goal.
Success has everything to do with your will to be successful.
If your Ability is sown properly, then your resources will
multiply and your business successes will overflow. Talent
can be wasted. When you realize your ability, you must
seek direction, be deliberate, and take action quickly.
Remember that Real Estate Investing is NOT a "Get Rich
Quick" scheme but a wealth building tool. Just like any
other business or project, it requires a commitment to
the process. A process is defined as a progress advance;
something going on or proceeding. A process is a natural
phenomenon marked by gradual changes that lead toward
a particular result. A process is a continuing natural activity
or function.
Enjoy the process of Learning Invest in Real Estate properly
and soak in both the successes and the failures of your business.
Blessings to Your Real Estate Investing Successes,
Milton B. Yates
www.MiltonYates.com
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