Archive for category Blog
CNN Money- Plan To Save Commercial Real Estate
Posted by Leslie Zhang in Blog, Business, US Market on March 10, 2010
A Plan To Save Commercial Real Estate
NEW YORK (Fortune) — Economists have long been predicting commercial real estate could be the next day of reckoning for the financial markets, with a wave of defaults looming as billions of dollars in troubled loans come due in the coming months.
The Seven Secrets of the Rich – Part 5 of 7
Posted by Leslie Zhang in Blog, Business on March 3, 2010
Focus Obsessively and Work, Work, Work…
Having a great business plan, vision or idea is a great slant, but executing it can require an almost neurotic attention to detail, a self-assured devotion to serving the customer and being willing to follow a grueling work schedule. It’s not an effortless road. The rich don’t base their actions on what is easy and what is convenient.
The Seven Secrets of the Rich – Part 4 of 7
Know Your Market… Intimately
Immersing oneself early in a given market can often be the fast track to expertise. Draw material from your own life experience–it is what we all know best.
Know your Market…. Intimately
Budding writers and playwrights are often advised to draw material from what they know best–their own experiences or lives. The business equivalent–know your market inside out.
The Seven Secrets of the Rich – Part 3 of 7
Gamble, but wisely.
Risk-taking seems to be built into the DNA of the rich. Not surprisingly many are avid card players, such as financier Henry Kravis, Investor Steven Cohen and Carl Icahn and the nation’s most famous bridge partners, Bill Gates and Warren Buffet.
Real Estate and Casino tycoon Phillip Ruffin admits being guilty of playing Black Jack. Poker was entertainment mogul John Kluge’s pleasure during his college years and by the time he graduated from Columbia University in 1937, he had amassed $7,000 in winnings.
The seven secrets of the rich part 2 of 7
Making your own luck
Think about the last time you closed a deal. Or the last time your effort paid off in large returns. Was it pure luck?
Forbes magazine recently asked members of its 400 richest list how much of their success they attributed to sheer luck. Responses varied. But none accredits their heaping success to sheer luck alone.
The Seven Secrets of the Rich
How do so many accumulate so much money while others don’t? There’s no secret that the ranks of the rich and the super rich are exploding. A recent period of prosperity created some 500 billionaires compared to 13 back in 1985. Not to mention, there are now many thousands of households with a net worth of a hundred million or more.
I read about this in U.S. News while waiting at an airport this past week.
Teleseminar on December 01, 2009
Posted by Dario Lorenzo in Blog on December 1, 2009
On this call…
- Is it possible to buy a property at less than appraised value, but borrow money at appraised value and get “cash back”?
- Is it profitable to invest in the Lower Mainland right now?
- Are there deals in the USA where you can get 30 – 50% off the property value still?
- How does Dario buy and sell properties while on holidays?
- What’s the real deal with Dario?
- An example of how to create equity out of thin air.
Vancouver Real Estate Investors in Arizona
Posted by Dario Lorenzo in 90 day challenge, Blog on November 23, 2009
Short one today. Found this article:
The Three Ways to Find Sellers
Posted by Dario Lorenzo in Blog, Business on November 22, 2009
Among other people, (like friends and family)… if you told a realtor about my strategies for buying real estate… they will tell you my strategies don’t work and you cannot buy real estate that way.
All my real estate buying strategies are one hundred percent legal and ethical, by the way.
Don’t get me wrong… I have used real estate agents before. I have often used them to sell my properties. I simply never talk to them when I’m on the buying side.
Read the rest of this entry »
The other 15% of the population
Posted by Dario Lorenzo in Blog, Business on November 21, 2009
Very important post today. There are two types of negotiators in the world. Most of us fall into the 85% category… and there’s nothing wrong with that. It’s a good place to be… but there’s 15% of the population who are hell-bent on getting what they want, at all costs.
I call them “lone wolves”.
They are tough, hard-edged, difficult. They yell, scream and pound the table. It may be an act and it may not be an act. They want to win at all costs, they’re not interested in being your friend, they just want whatever you have and they’re going to use any strategy, any means to get it.
They don’t care.
Have you ever met that guy?
