The Renegade Real Estate Investing Newsletter

"Cutting Through the Real Estate Investing B.S."

This FREE Real Estate Investing Tips newsletter is your window into the world of real estate investing. You will never get closer to the real action than learning straight from two Canadian brothers, Tom & Nick Karadza, who are actually implementing the strategies they talk about!

In this weekly publication you will get access to our real world guides, trends, tips, strategies and "how to" information that is being implemented "on the streets" with real people, right here in Canada.

To access the full list of articles visit:

It is published every Thursday, if you have been forwarded this email and would like your own copy click here to sign up.

Friday February 22nd, 2008

In this Issue:

- Renegade Commentary: Don't Read This, Procrastinate.

- Featured Article: The 5 W's of Real Estate Investing Clubs

The next FREE Real Estate Training Workshop - THIS SATURDAY:

Our next real estate training class is on Saturday February 23, 2008 at 10am in our Oakville offices. In this class you will learn how to profit from Real Estate without having to rehab and renovate distressed homes and create steady monthly income for yourself.

You'll also learn about actual real life success stories of investors doing this right here in your own backyard. To get all the location details and hold your spot (because we regularly fill the class!) visit:

Don't Read This, Procrastinate.

There's always someone explaining to me that they really should have started do this, that or the other five years ago but haven't started just yet.

The time just has never been right. Or they always seem to need "the money" to do something else. Or they just need to research and read a bit more so they know everything they need to know before they begin.

They are procrastinators.

And we're all guilty of it to some extent.

So why do people procrastinate? And why do they procrastinate on things they freely admit would be beneficial to investing in a piece of real estate.

After watching many people throughout my sales and real estate investing career here's my take...

People want to go out and do something, like investing in a piece of real estate.

But then they hit a state of "overwhelm" because they've never done it before and they feel like they don't have all the answers.

So as a coping mechanism to deal with the feeling of overwhelm they put the whole thing off.

They procrastinate.

This way they don't risk looking like a failure if things don't work out for them.

And why are people scared of looking like a failure?

Because they are scared of you. That's right, they are scared of you.

Their #1 fear is being judged a failure by their peers, friends and family.

Their "self-worth" is tied to the outcome of the activity.

Crazy eh. And here's what most people don't seem to understand.

Failure is not the flip side of success. Failure is not an absolute.

Failure is an important and critical part of the process.

For example, if you are investing in real estate for the first time you are going to make some mistakes.

But it's those mistakes that act as your base of experience from which to make better decisions going forward.

Without that base of experience you stay stuck. You don't do anything.

It's that base of experience that starts to make the initial feeling of overwhelm on any activity start to fade away. As you work on the project you start to learn what is necessary for it to be successful.

And that's why it's better to start of small and get some experience with a single family home, then maybe two single family homes, then a six-plex, then a 12-plex and on and on.

I always chuckle at people who say they don't want to start out small and so they just keep looking for that big pay day on a big investment. And they keep looking and looking and looking.

It's a form of procrastination.

You need to make mistakes. It's part of the process.

The key is how you react and tackle the mistakes that pop up. As long as you keep taking action things always work out. ALWAYS.

So, never believe your self-worth is tied to the outcome of a project of any sort. Mistakes and failures are part of the game.

Maybe this all comes from school where our performance is graded.

Maybe we should be teaching kids that it's ok to make mistakes as long as you learn from them...instead of grading kids on perfect performance.

You need to go out and make some mistakes.

Right now.

Your goals depend on it.

Until next a Renegade!

Tom & Nick Karadza
"The Real Estate Renegades"

Real Estate Investing Step-by-Step:

To learn more about our investing approach and the system we use with our members you can request a copy of our FREE Report to be mailed to you. In it you will learn:

  1. How you can turn 3 Single-Family homes into 24 homes without investing any additional money by having homes buy homes. EASY WEALTH!
  2. How you can create Income for Life in just ONE hour of spare time a day! This means NO FIXING UP DISTRESSED HOMES!

To request your own complimentary copy of our investing in "Nice Homes in Nice Areas" report go to and fill out the form at the bottom of the page.

Featured Article:

The 5 W's of Real Estate Investing Clubs

It seems with every passing day there are more real estate investing clubs starting up. Overall this is great, it is important to get the word out that you can have great success investing in real estate.

But with all these options out there where do you turn?

Over time we have attended meetings or been members of many different real estate investing clubs and have been able to gather some good and bad pointers

Here are the 5 W’s you should know:

  1. Why The Hype? – Some of these clubs may have flashy meetings or presentations but you might want to ask yourself what is going on behind the smoke and mirrors? Often a big production will be there to generate some emotion and get you all pumped up to act on something. Sometimes it can be thousands of dollars in training.

    Now let me clarify I am not saying that whatever training is being offered is bad, but just be sure that you know what you are getting into and don’t just act strictly on the hype in the room.

    I recently met an extremely nice lady who bought into the hype. Her husband and her invested $10 000 in courses with one of the popular real estate investing clubs only to have her course rescheduled, and then cancelled.

    As much as she tried she was unable to secure a refund for the money she put out. Now this doesn’t mean that there aren't some great courses or offerings out there because there are, but make sure you are buying the value in the information being presented not the hype

  2. Who’s Running This Thing? – With all the groups popping up around every corner it might be wise to have an understanding of who is leading the pack you belong to.

    You might want to ask yourself if this person has actual investment experience themselves or do they just talk the talk?

    Advice and information are great but if they come from real life knowledge and experience they are more likely the real deal. Unfortunately the majority of people are only out for their bottom line and that can lead to some inaccurate information being tossed around.

    You want to be learning from people that are making things happen. Ideally they would be investors themselves that way you can leverage the life lessons they have encountered. It is amazing what you can learn in your first few investments learn from the people that have been through it and can share their mistakes so you can avoid them.

  3. What’s The Big Picture? – Yes there are a great deal of benefits to working within real estate investing clubs but I am not sure that any single one of them is doing it out of the kindness of their heart.

    There is something in it for them. And to be clear that is great!

    Everyone has to make a living or a profit there is absolutely no problem with that. But it is nice to have an understanding of what is in it for them so you can make proper informed decisions when listening to theie advice or presentations. For example when you go to Wal Mart to buy a TV you know what the deal is. They offer you the TV at a price that helps you save some money but at the same time allows them to make money as well. Perfect! That is a win win scenario. Make sure that you are getting involved in the same.

    The relationship shouldn’t be you giving without getting anything in return.

    For the full article click here to continue reading...

    Successful Investors "Spill the Beans"

    My son came up with the idea of having some of our real estate investing clients "spill the beans" on a teleseminar call. He thought it would be a great idea if you could hear from others how they are creating wealth for themselves. Well, we couldn't agree with him more ;)

    We did it and even helped him set up a website to share it with you.

    If you want to eavesdrop on how people are making money in real estate right in your own backyard visit and you'll get instant access to a recording of the call right now!

    About The Real Estate Renegades

    Tom Karadza & Nick Karadza run the Income for Life real estate investing system for their members throughout the Greater Toronto Area.

    They have been called 'Real Estate Renegades' because they are implementing real estate investing strategies that were once thought to be impossible by many 'industry professionals'.

    They are authors of the book "Income for Life for Canadians", to be released in edits are at the printer's!!

    They also offer FREE real estate investing classes, FREE reports, coaching and mentoring, and other resources to help both beginner and experienced real estate investors achieve ultimate success. Learn more now at:


    You can meet them in person at their next FREE Real Estate Investing Class, "How to Invest in Nice Homes in Nice Areas" by signing up here:

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    Copyright 2008 Karadza Publishing Inc. All Rights Reserved.