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As I write this post, I look back on the day and go wheww!  It’s been a roller coaster ride today.  I dig real estate investing.  I get to come and go as I please; correction I don’t report to any type of supervisor.  This is both a blessing and a curse.  The blessing is this; I get to call my own shots.  The curse; I get to call my own shots.  How paradoxical!  The greater the risk the greater the reward.  With great power comes great responsibility.  Okay!  Enough of the dribble, get on with it.

This morning I talked with a friend who is a part-time real estate investor and he got the opportunity to become a full-time real estate investor.  You got it.  He was let go from his current job this week.  Be careful what you wish for, it will probably come true.  Here’s the conundrum, should he be excited and thankful for this wonderful opportunity to pursue his passion or should he be scared to death and fearful of what is to come?  The answer is YES!  Use that fear as motivation to take action and push through any obstacle that stands in the way.  Opportunity is cleverly disguised as hard work.

Here’s a look at my opportunity to do a deal that has temporarily blown up in my face.  I have to keep reminding myself “it is a temporary setback”.  Here’s the deal: I bought a piece of junk house.  I had resold that house for a tidy profit about one week after getting it under contract.  Mentally, I’ve spent that money.  Unfortunately, there are massive issues with the title or “deed” to the property.  The person I’m buying it from is the spouse of the deceased owner who was never put on title.  The notarized will was not recorded and the estate not probated.  I took a mobile notary with me to have six different people sign affidavits of non interest.  NO ONE SIGNED!  I can use a “quiet” title technique to close this deal but it takes 90 days to complete and I’ve got a closing set in 12 days to the new buyer and my “tidy” profit.  AARGH!  There is no testimony without a test.  I am being tested.  Two other investors tried to do this deal before I got wind of it and they couldn’t make it happen.  I can and I will.  I just need to figure out how to expedite this closing.  I will have to keep you posted.

This is why I am such a proponent of education, training and mentorship.  The more you know, the more ways you can put a deal together.  The two previous guys walked away after the first bump in the road.  I’ve cleared that bump and several others and I’m on the precipice of closing that deal, and don’t forget the “tidy” profit.  I’ve gotten further because of my training and education.  Get started on your training at Cash in on the Biggest Financial Windfall in America’s History!  Education is the key.

Back to my friend.  He will do fine.  He’s sharp and he is motivated.  That motivation may be fear but that’s okay.  Just remember to take action.  Action is the great fear killer.  It works every time.

Hope you enjoy.  Don’t forget to leave a comment.