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Tag-Archive for "the 22 month retirement"

Time To Get Back On The 22 Month Retirement Real Estate Investing Protocol Oct 03

Sorry everyone I have been M.I.A with The 22 Month Retirement.  No excuses, but I have had a crazy year personally, but I have not forgotten about what I have set out to do.

I have been working on houses and deals that I had before the 22 month retirement and my personal life has been a mess.

Anyway, all is good in the neighborhood and I will start to tell and show you what’s going on.  I’m really starting from scratch so, really I only have 13 months to finish eh?  That’s ok, a little hard work, a few late nights, being extremely productive, and who knows… we might just make it.

But hey, check it out, there have been some changes to the amount of money I need because me & my wife found our dream home and put an offer in on it last week.  You won’t believe me, but it’s a more…

Owner Finance and Cash Out In 30 Days Jan 23

This is a quick, little tip that I thought you might want to know.

As I talked about the other day in the post about seller financing, you can sell houses really quickly using owner financing – aka seller financing…

…But what most people don’t know is that you do NOT have to continue to receive those payments over a long period of time, making this strategy an extremely useful and profitable quick turn real estate investing strategy.

How?

Because once you owner finance a mortgage note, then you can sell that mortgage note for cash. Yes, you will have to sell it at a discount, usually 6-13% or so depending on a couple of factors about your buyer like: down payment received, credit of borrower, time on job, and debt to income ratio, but you WILL get cashed out within 30 days.

This allows you to owner finance houses, and then get all cash within a very short amount of time by selling your mortgage note to a more…

Seller Financing Secrets Jan 19

What is Seller Financing?

Seller financing is simply the art of getting a seller to finance a real estate deal. In this case, the seller is the bank.

They will negotiate a down payment (if any), they will allow you to make payments to them at an agreed upon rate and length of time, and you can even negotiate the interest rate (if any).

Have you noticed the theme here? Everything is negotiable and there is NO banks involved?

That means you don’t have to go through a mortgage approval process.
That means you don’t have to make large (if any) down payments.
That means you can find rates and terms that make sense for both you and the seller.

What is really cool is that the time in which you can get one of these done is a couple of hours to a couple of days. That’s it!

Yes, you could start looking for a house in the morning and by the end of the day, own it without going down to a bank and signing personally for a loan.

This is what makes owner financing so powerful, so amazing, and a strategy that you’ll need in your portfolio of offers.

How To Use Owner Financing As An Investment Strategy

The purpose of this strategy is NOT to more…

Work Less Than 4 Hours A Day Using The 80/20 Rule Jan 18

To complete the 22 month retirement challenge, I have to be productive.

I don’t have all day. Actually, I won’t work more than 4 hours a day, 4 times per week…And many days, it’s less than that.

Why?

For 2 reasons:

  1. It forces me to be more productive. I know that I only have 4 hours to work… But yet, I know that there is a certain amount of work that just has to be done in order for me to be successful in this challenge.
  2. I want you to feel and know that you can do this too. I want you to know that if you can find a few hours per day, that you can realize your dreams.

How To Get More Done Using The 80/20 Rule

The 80/20 rule simply means that 80% of all your results will come from 20% of your activities.

So, if you focus your efforts on 20% of the activities that produce the 80% of results, you’ll get the most results in the least amount of time.  Thus, you’ll make the most amount of money in the least amount of time.

As you grow, you can outsource work to other people and companies to help you grow even more, and all the while, doing a little less work.

Learning to be productive is Critical to the success of your business.  Learning to do the most important activities in your business firstly and consistently will ultimately determine whether or not you succeed.

What Are Your Most Important Activities? more…

Real Estate Investing: The Less I Do, The More I Make Jan 17

This doesn’t mean that you are not going to have to work.
This doesn’t mean that you can be lazy.
This doesn’t mean that there won’t be challenges and that riches are going to fall in your lap.

What you’re supposed to get out of this is if you learn to do less of the hands-on work, that if you learn to manage projects, that if you manage systems instead of doing all the work yourself, you will get more done as a business.

You will be more productive.
You will, in turn, do less work, have more free time, make more money, and still get more…

Do You Think You Can Get Rich Quick in Real Estate Investing? Jan 09

I DO!!!

This is why I am doing this Real Estate Investing Challenge.

There’s is nothing in this world that makes as much money, or even has the potential to make the kind of money, that real estate can make consistently year in and year out.

I heard a stat once that there have been more millionaires made through real estate investing than all other money making opportunities combined.

That’s amazing, and if that doesn’t get you excited about getting rich quick investing in real estate, then I don’t know what will. lol

The KEY to getting rich quick investing in real estate is to learn how to get more…

Multiple Rivers of Real Estate Income Jan 04

You have to learn to be creative when investing in Real Estate.

There is a lot more money out there than in just buying houses and fixing them, or in just buying houses and renting them out.

As I talked about on the The 22 Month Retirement About Page, we will focus on many different types of income streams that, when investing during this challenge, should bring a good solid chunk of change quickly.

Remember, I only have 22 months to complete this lofty goal. If I can’t make a buck or two in a short amount of time, then it’s not the deal for me. If I have to take on risk or wait a long time for a payday, the deal is not for me.

So, what are some of the income streams that I will focus on? more…

Retire In 22 Months From Scratch Jan 03

What if you could retire 22 months from now and have enough money to live on, and a dream lifestyle for the rest of your life?

Could this actually be possible?

Real estate investor takes challenge to go from zero to retirement in 22 months investing in real estate, in this market, and will blog about the daily results…

With most people running away from real estate, Kenney (& Kimberly) is running to it. He says “there has never been a better time to invest in real estate”.

We all want to live the American Dream but most don’t know how to get started…

…Or don’t the confidence to go after their dreams. FEAR is a big motivator that stops many of us from realizing our dreams…

But no more…

Read the rest of this story here: The 22 Month Retirement – How To Retire Investing In Real Estate In 22 Months From Scratch.

To Your Immediate and Lasting Real Estate Investing Success,

Kenney :)
Because I Have A Dream – THE Movement

more…

Can You Retire In 22 Month Investing In Real Estate From Scratch? Jan 02

That was the question I kept asking myself.

If I wanted to stop fooling around and get super serious about real estate investing, could I make enough money to retire in a short amount of time?

So, I thought about it and banged my head about the idea…And I decided that is exactly what I wanted to do…

…And so, here I am blogging about it. If you haven’t read the “about the 22 month retirement“, you’ll discover that I am retiring on October 31st, 2011 at 11:59.59. lol

I have a short amount of time to achieve this goal. Everyday that more…