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: www.TheRealEstateRenegades.com

It is published every Thursday (or Friday if we're real busy), if you have been forwarded this email and would like your own copy click here to sign up.


Friday January 25th, 2008

In this Issue:

- Renegade Commentary: How To Hustle Your Way To Success - Lessons From South Beach

- Featured Article: What does Mountain Biking at Blue Mountain have to do with Real Estate Investing in Canada?

- Investing Strategy Tip of the Week: Jon-Paul Speaks Out, Again!


The next FREE Real Estate Training Workshop - Tomorrow!:

Our next real estate training class is on Saturday January 26, 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: www.CanadianRealEstateTraining.com


Renegade Commentary:
"How To Hustle Your Way To Success - Lessons From South Beach"


So this week we were walking down the strip on South Beach in Miami and you can't go more than 100 feet without someone in your face trying to sell you something.

It's awesome.

There's the middle aged woman selling necklaces on a table on the sidewalk.

Or the guy with hasn't shaved since Milli Vanilli were outed as lip syncing frauds Milli Vanilli were outed as lip syncing frauds , screaming religious doctrine for the whole world to hear.

Or the guy smoking a fat Cuban and selling little animals made out of pieces of palm tree.

Or the girls walking around selling cigarettes out of boxes strapped over their shoulders (they look like pin-up girls from the 50's).

Or the guy trying to sell roses to anyone with 20 bucks.

Or the guy in the neon-skin-tight-one-piece-body-suit running down the sidewalk with his friend chasing him on a unicycle flapping his arms and letting out screams like a sea gull...yes, it's true, and it was funny and sad all at once.

So you've got an idea of the place now, right?

Well, aside from all that fun what impressed me most were the guys and gals in front of the sidewalk restaurants "working" each person that walked by.

You couldn't escape them. They were in your face pitching their menu, their daily specials and their 2-for-1 drink specials.

There was no way you were going to walk by their restaurant and not get pitched to sit down and order something.

If you ignored them they just moved on to their next target. No love lost.

They were working and working hard. They were "hustling".

And it was working. The restaurants that had these guys and gals out front "selling" were much busier than those which didn't.

Some of the newer and nicer places were empty but the older ones who were actively seeking out business were busy.

Classic mistake, the newer restaurants probably figure that their good looking tables and chairs and umbrellas are enough to make them a success. Wrong. You gotta get out there and sell. Even good word of mouth starts with someone "selling" you, however subtly, to create a buzz.

Anyway, one of these "hustlers" roped us into her restaurant and before we could blink we were ordering rounds of mohitos. One guy with us, a 6 foot 4 inch, 230 pound ex-college linebacker, even ordered a real "girlie" drink...I'd love to share more on that but I'm sworn to secrecy (I do have a price).

Without knowing how much these places charge I happily volunteered to pay for the round of drinks. A very short while later there was a $188 drink bill in my lap. Pretty smart move by me eh? Apparently the mohitos in this place go for $30 each. Do you think there's any margin in that? Maybe just a little.

The point is that if that girl standing out front had not been hustling and "sold" us on the thought of stopping for a drink we would have walked right by. In fact the first guy in our group ignored her and kept going...he's the smart one.

She didn't let that stop her and moved right on to me, gave her pitch and then...bam, a few minutes later we were brining spending $188.

So what's my point in all this?

Too many people I talk to don't understand that the most successful businesses are out there "working it". The most successful people I know are always "hustling", they are working, selling, marketing, creating, doing, problem solving.

Somehow most of my peers have a sense of entitlement. They don't believe they have to get into the marketplace and make things happen. They believe they should make buckets of money by doing almost nothing. Not sure how these beliefs started but they seem to be everywhere.

And if they do get up the guts to get into sales or start a business or buy an investment property they really don't work at it. They don't "hustle". Instead, they complain.

The first problem pops up and they run for the hills...the leads are bad, the economy is rough, the investment property isn't in the "right area". Where's the commitment in that?

I've personally made the biggest break throughs in business and in my financial success when faced with what I believed was a HUGE problem but kept going anyway. When you plow forward things just fall into place somehow. It's almost as if that problem in your way is a test. And if you commit to solving it you take a big leap forward quickly. If you run from it you never grow personally or in business.

In one of J. Paul Getty's books he states that there was not a single day that went by in over 40 years that he was not interrupted with a problem of some sort.

Not a single day.

At one point he almost lost everything because the U.S. wouldn't buy oil from his overseas locations. Headlines predicted the end of the Getty empire because of it.

He goes on to describe how he worked extra hard at these times to come up with creative ways to fix the issue. A few years later he was refining this oil in Italy and avoided disaster.

See, when a problem popped up he worked "extra" hard to solve it and then moved on to the next one. That's how business and wealth building works.

You can have the best marketing, the best sales process, the best admin assistant, the best leads, but it's your ability to keep working that will make you a success.

Those guys and gals out hustling in South Beach just keep going. They were out there from the time we arrived until the time we left...they didn't stop.

Remember reading about the time I almost quit investing?

Read the "Strategy" section of this back issue.

Even though I was fed up with trying to rent out one of my first properties we didn't actually stop. We changed directions and kept going.

At that time I didn't realize it but this applies to everything.

For example, you can't just buy an investment property and stop there, you need to get it rented, you need to manage it, you need to make a profit.

Anyone can take things 90% of the way. Real pros finish the job, they hustle.

Which one are you?

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 www.LeaveWorkOneDay.com and fill out the form at the bottom of the page.


Featured Article:

What does Mountain Biking at Blue Mountain have to do with Real Estate Investing in Canada?

When you begin real estate investing in Canada it can be a real emotional ride.

Trying to figure out if the property you are about to buy will actually make you any profits can put you into a frenzy.

But real estate investing in Canada is much like doing anything else for the first time.

A little while back my family took a trip up to Blue Mountain in Collingwood, Ontario. During the summer they turn the ski hills into an amazing down hill mountain bike course.

I've never tried it before but who am I to avoid something that looks like so much fun.

As I was waiting for my downhill lesson to begin I couldn't help notice that I felt anxious and I was starting to doubt myself.

I didn't really know what to expect over course of the next two hours.

The tough looking guy (ok, boy) next to me looked like he had 10 years experience and he couldn't have been more than 17 years old.

I was sitting on a $5,000 downhill mountain bike on loan from the pro shop and for some reason I almost felt like turning it in and running back to the safety of my hotel room.

Your emotions really play games on you when you try new things. No big surprise here, right?

But it amazes me that it's the exact same pattern we go through with all new experiences and especially with real estate investing in Canada.

So if we can recognize the pattern we can learn to break through it.

It doesn't matter if you are about to ride down the side of a very steep hill or buy your first investment property. The steps are the same.

Here's my interpretation of what somone goes through during many new experiences.

I will use mountain biking and real estate investing in Canada as examples for each step:

  1. You get excited about something (mountain biking or real estate investing in Canada)
  2. Talk to people about it and get even more excited.

    Mountain Biking: "I'll be on the X Games soon"

    Real Estate Investing: "I'm going to be Donald Trump II"

  3. Decide to get serious about it and track down some education.

    Mountain Biking: Visit the pro shop

    Real Estate Investing: Attend an education class or read a book on real estate investing in Canada

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 www.MyDaddysTeleseminar.com and you'll get instant access to a recording of the call right now!


Investing Strategy Tip of the Week:

Jon-Paul Speak Out!

We had a little hiccup with our URL last week so we'll send you directly to the right page for this week's Tip of the Week...enjoy!

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

Until next time...be a Renegade!


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 January 2008.

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: www.TheRealEstateRenegades.com.

OR

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: www.CanadianRealEstateTraining.com


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