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Call in Your Advisors!
by: Damien Senn
Our 'socially accepted' working life in the Western World presently stands at around 50 years. We generally have the ability to seek work at a little before the age of 15 and are expected to graciously retire at around 65 years.

So tell me, how much of your '50 year allocation' have you spent building your own business so far? How many years have you spent building someone else's? And most importantly, what are actually willing to do with the time you have left?

Your Business Advisors

So who do you think might be the best person to advise you on how to best use what's left of your working life? Should you speak to your accountant, lawyer, financial planner or coach first?

I'd suggest that there are two people that you should consult before you speak to anyone else. Those two people are

(i) the 15 year you,
(ii) the 65 year old you

The 15 year old you.

Can you remember the kid you were when you were 15 years of age? What sort of attitude did you have? What kind of beliefs did you have about the world around you? What dreams did you hold for how you were going to spend your future career?

What if you asked the 15 year old you whether or not now was a good time to set up your business? What would they have to say? Would they tell you that you're crazy and encourage you to keep slaving away at your job, day after day, week after week, year after year whilst you top up your pension contributions and pay down your mortgage?

Or would they tell you to just get out there and start having fun doing something your really passionate about and make a stack of cash in the process?

And what about the 65 year old you?

Cast your gaze over to the 65 year old you. What pearls of wisdom do they have to share about your working life. No doubt they'd pull out that old chestnut 'It's better to regret the things you've done, than to regret the things you haven't done', regardless of whether it's in context or not!

But what other insights would they pass on? Would they encourage you to take a 'leap of faith' right now and build a business that you could be truly proud of?

Would they call you to greater levels of contribution so you could actually be a catalyst in shaping a better world?

Make the most of your opportunities

Make no mistake, your 50 year clock is ticking. Does it make sense for you to give birth your business ideas right now? If not then when?

Allow yourself the time and space to move outside of your existing work context. Invite in the vibrancy of youth and the experience of old to guide you. You've got a brilliant business idea inside of you. You just need to get out there and share it.


About the author:
Damien Senn helps entrepreneurs create compelling businesses. He is one of the UK's top Business Coaches as well as a fully qualified Chartered Accountant.

Damien is the author of the 'Senn-Sational Success Journal' and has developed his own coaching model called the 'Senn-Sational Success System'.

For your FREE download '101 things to do before you die' please click the following link:

http://www.senn-sational.com/freeresources.htm



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Rental Property Investment - Finding The Properties
 by: Steve Gillman

Rental property investment starts with finding the best deals. To do this, you can increase your odds by finding more deals. Who's more likely to get a cheap apartment building, an investor that looks through the MLS listings and calls it a day, or the one that uses ten resources? Here are those ten:

1. Look in old papers to find "For Rent" ads. Call if they are a few weeks old. The landlord may be ready to sell, especially if he hasn't yet rented the units out.

2. Look up old FSBO ads. Call on two-month-old "For sale By Owner" ads, and if they haven't sold, they may be ready to deal. Owners often give up the effort, but still would love to sell. Help them out!

3. Drive around looking for "For Sale By Owner" signs. Owners often don't want to pay to keep the ad in the paper every week, so you won't see all properties there.

4. Find abandoned properties. That's a pretty clear sign that the owner doesn't want to deal with the property. He might sell cheap.

5. Talk. Let people know you are looking and sometimes the properties will come to you. There are a lot of owners out there who want to sell, but haven't yet listed their property.

6. Talk to bankers. You might get a foreclosed rental property cheaper if you buy it before they list it with a real estate agent.

7. Offer someone a finder's fee. There are people that always seem to hear about the good deals. Have such people coming to you.

8. Eviction notices. If your local papers publish eviction notices, or if you can get the information at the courthouse, it can be useful. A landlord who just went through the procees of evicting tenants is a likely seller.

9. Use the internet. Go to a search engine and enter the type of real estate you are looking for, along with the city you want to invest in. You never know what you might find.

10. Put an ad in the paper. "Looking for rental properties to buy," might be sufficient to generate a few calls.

There is a lot more to learn to do it right, but finding good properties is a good place to start for rental property investment.

About The Author
 

Steve Gillman has invested in real estate for years. To get a free real estate investing course, and see a photo of a beautiful house he and his wife bought for $17,500, visit http://www.HousesUnderFiftyThousand.com.

 

 



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