05.22.09
WE ARE MOVING www.InvestingRocks.com
We have moved the website away from the free wordpress avenue to a bit more control.
Come check us out at www.investingrocks.com
05.21.09
Ethically, what do you think?
Well, I had a pretty good day yesterday. I am not sure as to what is going to happen as of yet but I am pretty sure that I am going to lose a listing that I just got. I got a listing with a very nice commission on it that a family doesnt want anymore. The Mother and Daughter are in a big fight and both of their names are on the deed. Ideally, we would sell the house and I would help the daughter get into a new one that is considerably cheaper.
When speaking with the family, it was easy to see that they were hysterical. Very upset with one another and not even willing to talk to one another. I calmed the daughter down and made sure she realized everything would be alright. Her Mom owned a bunch of restaurants in the area and she managed a few of them for her. After the argument, she was reduced to managing only one store with considerably less pay. So much less that she could no longer afford the mortgage payment, let alone anything else. We are talking about a nice home here.
At the end of the day I had half of the listing signed from the daughter with the understanding that she was probably going to lose the majority of her portion of the $200k downpayment. I next went to the mom. I think that the mom had finally started to calm down and realized the position of the market. Obviously, she is business savvy for as well as she has done with the restaurants.
She asked me to talk to the daughter as kind of an intermediary and I agreed. Knowing that I am pretty slow right now, I sided with Karma and the universe and may have talked the daughter and mother out of selling. The daughter expressed feelings of needing freedom, to which I concur but who knows what will happen. I dont think I could allow anyone other than my wife to have that kind of control over my life though.

Professionally, I believe that they should sell the house, take a small loss – the daughter taking a large loss and the daughter should buy a preforeclosure in a different neighborhood. One that is more in a realistic price range. That way her mother would not have such a lage influence on her life.
What do you think? With the market the way it is, do you think she should make a change? Is there an ethical dilemma on my part by telling her that selling in her particular situation may be a good idea? She told me that money doesnt matter much to her, cutting the umbilical cord is more important. I guess money doesnt matter too much to those who have it, right?
Would you have done what I did and risked losing a listing by trying to get the mother and daughter to reunite and not sell to stop from losing so much of their investment. I think ethically, it was the right thing to do.
05.20.09
Backup or no Backup, That is the question.
Well, in this blog I would like to talk about the importance of having a backup plan to your real estate investments. At this point in my life, I have a great backup due to the sporadic nature of this business. Whether or not you make any money in a month, you still need to pay your bills. Credit is also a huge factor in growth in real estate. The ability to leverage, enables you to multiply your returns almost effortlessly, ha!
Personally, I am in the Air Force Reserves. In fact, when I started I was still active duty working full time. I wouldnt recommend anyone getting into the business, to throw away their current job to chase this career. Unless you have a great amount of backup funds , great enough to flip a couple houses and sit on the mortgages for a while, I wouldnt give up my day job just yet. It was a very tough decision for me when I decided to give up my full time job, in fact I was making two thirds of my income in real estate and investments and I still had a difficult time just saying goodbye to the sure paycheck. Well, in today’s economy you may not have that same reservation about a secure paycheck with businesses closing constantly and a nationwide 10% unemployment rate. Do you have 10 friends? Do you know 10 families? Somebody is unemployed and can no longer provide for their family. Sad, isnt it? Im sorry if that is you, really I am.

Well, to avoid being in that position, or to get out of the unemployment position, start planning. What if, should always be on your mind. Off the tangent now and back onto what is going on with the backup or no backup. I have often found myself not pushing as hard as I am able to push because I had enough money for the time being. I was content, as much as I hate that word. Being content is the worst feeling in the world. Why on earth would you want to be content with your life? Being content is not being happy, it is just not being miserable.
Without a backup plan you put yourself in a dangerous position, but with a backup plan you sometimes fall into the “I am fine” mindset which takes away from your ability to succeed. What do you think, am I off? Do you feel like this?
So the question that I can come up with is,”Do you sink or swim, or do you wade into the water?” They say that if you pay your bills now, you will pay your bills always, how do you feel about that? I believe it, I know I always figure a way to pay the bills. Should I give up the backup plan? Let me know your thoughts and tell me how you feel.

05.19.09
The art of Positive Verbalization…..You really are what you say you are

A person experiencing Cognitive Dissonance is holding two conflicting thoughts simultaneously. It is almost impossible for this person to concentrate or rationalize. On one hand, they may feel absolutely certain about something and then feel completely opposite the next second. Seems frustrating, yes? I can account personally for feeling this confusion.
I have become an active positive verbalizer. When I am feeling frustrated, annoyed or just down right gloomy; I try to remind myself of how amazingly fabulous my life is. It has certainly worked wonders for me even just in the past week.
Here’s an exercise to try if you are even the least bit skeptical:
Put on some heavy metal music…..I’m talking loud guitar and lots of drums (perhaps a little bit of raspy vocals too)
*take a minute to become aware of your muscle tension and breathing
Now, play a classical, gospel or even slow R&B track:
*feel any different?
I was so amazed at how much my physical body reacted to my mental and emotional feelings and how my physiological state could change so rapidly. The same thing happens when you verbalize thoughts, both positive and negative. Someone who constantly tells themselves that they just aren’t good enough, will never BE good enough.
The law of attraction proves that you either draw good or bad things into your life by simply placing a thought into your mind. Try telling yourself how amazing you are for just 5 minutes and then try your hardest to NOT believe it. It’s almost impossible.
Hypnotherapy? Hot or Not?

Look into my eyes. Look deeply in my eyes, not quite anyways. Hypnotherapy is not what you think of when you think hypnotize. It isnt some guy in a creepy suit turning you into a dog or into a chicken. You dont bark or cluck around in a circle for an hour. At least I am pretty sure that wasnt going on when I went through it.
Hypnotherapy at least here in Charleston SC is amazing. I went to Rebecca Shaw down in Mt. Pleasant and Ill tell you she is amazing. Not only is she on a different level of understanding of how the mind worksbut she will blow your mind with the process. She gave up being an engineer for this profession, profound right? She said she had the hypnotherapy and instantly knew that she had to change professions. Trust me if you ever use her services you will KNOW she made the right choice. Well, obviously I endorse her – and she doesnt know about this blog, but lets get onto the experience a bit more (www.charlestonhypnotherapy.com) . What do you think?
So I went to hypnotherapy because I was sitting and talking about life with another Realtor in my broker’s class almost a month ago now. We talked about Tony Robbins, and Dean Graziosi, Rich Dad Poor Dad and everything else under the sun. I mentioned I would like to quit smokingunderneath the premise that it will bring me closer to peak performance. Obviously, if I didnt smoke my body would be cleaner and able to run better. So she suggested Rebecca, I said I would try it out.
I called her up and set up an appointment. Once I arrived at the appointment, I was very skeptical because I didnt believe in “those types of things” much like you I imagine? We started off by just talking a bit, me being very reserved at first until I realized she was only there to help me. We talked a bit and she helped me to understand what “hypnosis” is all about.
Hypnosis is a realization with the subconcious mind and thoughts. It is taking you down to where your core beliefs are, below the defense mechanisms and making changes to your core. Are you thinking that wouldnt work for you? Is that a defense mechanism making you think that? I am telling you that is exactly how I felt. We are not that different are we?
In the first session, we talked about quitting smoking and in my imagination she made me talk to my younger self about smoking and whether or not I should start. I told my younger self Id kick my own ass if I started but I guess I was lying. She had me talk to my new unborn child and offer my baby girl a pack as she got older. She made my new baby tell me not to smoke, and that made me feel horrible. Needless to say when I left I felt pretty bad about smoking, but only for the rest of the day. Would you call that a failure, I wouldnt, Id call it a start.
At our next session, I asked if we could talk a bit more about success in entrepreneurship. I wanted to talk about peak performance and how smoking is a barrier on my progress to reach a better life. In this session we began relaxing by her setting my mind on a beach on a Carribean island,a place that I frequent and have family, St. Croix. I could see this like I was standing there. No one on the beach, white sand, crystal blue water, pure bliss. The wind blew softly against my skin and sun warmed me perfectly. As perfect as you can imagine.

She had the younger me and the present me talking once again. I explained the future to myself, my family, our wants and needs. On the beach that day, I felt my body change and my life change forever. I felt myself get closer to my dreams and my life become more manageable. Tony Robbins harps on the time for yourself and the thirty minutes to thrive everyday. Rebecca puts an extreme twist on this time and instead of thinking you are able to talk to yourself, she puts you into your concious and subconcious dreams where you are able to make ANYTHING happen.
So of course, I havent smoked since the last session and have not one hint of intention to. I am completely changed in that aspect and cant believe I used to smoke. I even find myself disgusted by the smoke smell and astonished by my previous actions. Since meeting with Rebecca, I have found more success in my life and have been relying more on intuition and my gut than logic. Logic is no more than a defense mechanism and blocks you from what you should really doing. Those are my beliefs and I am very open to yours. I create coincidences, do you? Do you understand what I am saying?
Think it couldnt work for you? Well, my wife has always been the most selfless person on earth and began to resent her being because of it. I, like every other husband, could give her more support but I dont do as much as I should. It began to resonate in our relationship, so after my session with Rebecca I bought her a couple sessions. She has only done one so far, but the day after her session she was back in collegeand will be finishing her pre-law Political Science degree within a year. She has already been researching the LSATS and how to pay for law school. For someone to do what has happened to me and my wife after just a few short sessions is amazing. Still dont believe it? You dont have to but most people would like to change a thing or two about themselves. Hypnotherapy may help and what do you have to lose? What is a couple of bucks in comparison to your happiness.
Think about it and tell me your thoughts.
05.18.09
Will my blog help you? Can you help me?
I am writing this post as a means to reach out to my readers and to figure out who I am able to help and who is able to help me. I am an entrepreneur, a real estate entrepreneur. I make mistakes all of the time and I am continually learning. In fact, one of my thoughts on life is to make mistakes. Making mistakes is how you learn and how you grow. I have never had a silver spoon and in fact have built this company from the ground up. I eat, sleep, dream, and love my business and my dreams. I want this business to become the next Coca-Cola, “Ug buys ugly homes” or Century 21 and I will give a lot to make that happen.
This blog is a way for me to track my experiences and for you to learn from my mistakes and bask in my glory with me. I am huge on personal growth and am continually trying to learn so there should be some great information in here for you to laugh at and to learn from. I am also very open to your insight and welcome all knowledge that you are able to provide.
I am open and grateful for all readers but my core readers and friends I hope are just like me. By that I mean all people that have dreams. If you are like me then you are an entrepreneur at heart, you dream of financial freedom and overall we are the people that dream of happiness. You can have what you want when you want it, you are happy and care free because the bills are going to be paid and your spouse and kids are smiling. (Ear to ear baby!)
Success to us, isnt just a goal or another word in the dictionary. Success is the reason we wake up in the morning, success isnt defined as doing great at one thing, yet doing great at all things. Being at peak performance, mind, body, and soul, is the definition of success in our minds or at least that is a portion of the definition. We have a different outlook on life than most people, because we are able to see past the new cars and shiny rims. We are able see the future almost clearly and the steps that we will take. I wish that I could see my steps clearer sometimes. I follow the universe in its entirety so I dont need 100% clarity on my next steps.
You probably dont like negativity and when negative people and attitudes are around. There is no age you need to be or that is too old. I remember sitting at the local REIA meeting www.CharlestonREIA.com listening to an 8 year old little girl that wanted her first investment by 13. Now that is the way to raise a child, my girls will be there as they get older. We dont believe in the status quo,” Get a good job with security.” Well as we all know the only secure career is the one that you are entirely in control of.
We are constantly pushing ourselves to become better people, smarter, more successful and in turn becoming happier. Our biggest fears are not of failure but of never being able to try again. Does this sound like you, just a little bit? Tell me how you relate, please.
We love life, don’t we? We appreciate our problems and bask in our rewards. Try to hold onto the good times as long as you can and smile through the tough ones. They wont be there that long. Well, if you think my blog can help you, either on your path or just give you a little chuckle please keep in touch. I would love to hear anything you have to say. Remember though, if you dont have anything good to say, well you know the rest.
Thanks a bunch.
05.17.09
Trailer Park Pimpin

You would never guess my return on the cheapest advertisement I have ever done today. Probably 10-15% were prospects and about 25-30% response on what I was doing. I will tell you more about my marketing in a bit, this post is more on the trailer investments themselves.
I spoke with probably 10 people today that may have some interest in me buying their property. We are buying the properties where we will be able to pay them off within a year or two and they will be owned free and clear with the positive cash flow.
Not a bad situation, huh? Especially in a time where no one is able to get loans but has a few thousand to throw at a positive cash flow situation.
Let me show you a scenario. You pay $5k for a mobile that will rent for $680 per month with a lot rent of $180. That means that if it is rented it will be paid off in 10 months as a normal rental. Add a twist, owner finance it for $8k with $2k down. Now you have $3k unpaid of your investment and $6k on a 2 yr note @12.5% simple interest will make you $750 per year in interest plus an additional$3k on your investment. Almost half of your investment comes back at the beginning.
Odds are that the borrower will default, so you can start the process all over again. Trailer park pimpin = big time cash flows. In the above example we are talking about $300 per month, the investment paid off in less than a year and at a minimum doubling your money. Not too bad. What do you think? Well if you want to jump in and buy one, let me know.
I am an Entrepreneur, a real estate entrepreneur
Well, today I have been reading a bit about how people generate hundreds of thousands of hits on their blogs and in turn make a lot of money on them. I figured that I love to write about what I love and that is real estate and maybe I can turn that into a couple of bucks here and there. Heck, anything helps in this economy. So this is my first attempt at a real blog and as I learn more about tags and keywords I will be sure to let you know about it as well. Of course, I am writing this for you and I hope you consider us to be friends.
What does the word entrepreneur mean to me? Well, it means so many things but more than anything it means following your dreams. Everyone has the dream of living financially free, no bills to worry about and living with a smile from ear to ear. Whether that is due to driving a super sportscar, Aston Martin or Ferrari, or becoming an extreme sports enthusiast, you are able to do it because life doesnt get in the way. For me, it is simple, just give me enough so that I am respected due to my company’s success, my family is never burdened and my wife is smiling. I can see myself sitting in my office putting on my green getting ready to go out to the golf course or to the beach. Of course with my wife and my little girls, right there by my side. I am talking about checking on my business, completely out of day to day operations, that is where I want to be.

Look at Kaiti, thumbs up
I have a nice car, plenty of toys, and my kids “want for nothing”. The only way that a young man, with no silver spoon could do this, at least in my mind, was to create his own company. Through blood, sweat and tears, to say the least, we have been growing and I will realize that lifestyle very early on. If I can do it, anyone can, and I say that with the utmost honesty in my heart. Most people look at me and think nothing of me because of the type of person I represent. I am definitely not a book that should be judged by the cover. I am sure that you are not either, otherwise you wouldnt be reading this blog and you would probably be playing HALO or some erotic novel. From now on, these blogs are going to be about my trials and tribulations, my successes and failures. Criticize all that you want but this blog is now a no holds barred all me, all Joey P.
I have done deals where I have made $25k plus with less than 40 hours worth of work in something, I have done deals where I am still trying to salvage remains. One of the best things I have ever been told is that I need to go out and make mistakes. That is how you learn, that is how you grow.
Well, take the couple of tidbits for now and check back on me, I am going to show you everything that I do and how I make my money, my happiness and my dreams come true.
Thanks for reading and have a great rest of the day!!!
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