New Year’s
Resolutions 2010
For Energy Wise Flipping Investors
Not Difficult Just Different Success In This Business: Starts With Different Thinking Requires Different Actions Produces A Different Product Challenge: Embrace All This Difference ON PURPOSE! G r e e n E a r t h E q u i t i e s . C o m
© 2009
Saving The Planet One House At A Time
The #1 Dream Stealer The Comfort Zone
How To Get Out Of It When It Feels Soooo Normal & We’ve Been There Soooo Long G r e e n E a r t h E q u i t i e s . C o m
© 2009
Saving The Planet One House At A Time
Reminder: Definition Of Insanity: Doing The Same Things And Expecting Different Results
G r e e n E a r t h E q u i t i e s . C o m
Š 2009
Saving The Planet One House At A Time
NOTICE: The Sweet Spot Is Outside Of The Mainstream of Remodeling, Real Estate, & Building Performance For more on this concept see “Confluence Of 3 Disciplines” in Planetsavers University
Remodeling
Real Estate
Sweet Spot
Green & Building Performance
G r e e n E a r t h E q u i t i e s . C o m
© 2009
Saving The Planet One House At A Time
Each Of These Disciplines Have Essential Information BUT: Energy-Wise Renovating House Flipping Investors Must Find the SWEET SPOT In Each Discipline And DISREGARD the Inappropriate “Common Wisdom” of Each!
Remodeling
Real Estate
G r e e n E a r t h E q u i t i e s . C o m
Sweet Spot
Green & Building Performance
© 2009
Saving The Planet One House At A Time
Reminder: Q. How To Eat An Elephant? A. One Bite At A Time
G r e e n E a r t h E q u i t i e s . C o m
Š 2009
Saving The Planet One House At A Time
Reminder: It’s Easier To Steer A Car That Is Moving, Than One Stuck In The Parking Lot Another Favorite is to “Build The Plane In Flight” G r e e n E a r t h E q u i t i e s . C o m
© 2009
Saving The Planet One House At A Time
Areas To Think About For New Year’s Resolutions 1. Education & Training Knowledge Is Power Education Is Expensive But Ignorance Is More Expensive PG&E Classes are Free! Book Store - Bibliography
G r e e n E a r t h E q u i t i e s . C o m
© 2009
Saving The Planet One House At A Time
Areas To Think About For New Year’s Resolutions 2. Building Your Team Realtor General Contractor Subcontractors Suppliers
G r e e n E a r t h E q u i t i e s . C o m
© 2009
Saving The Planet One House At A Time
Areas To Think About For New Year’s Resolutions 3. Choosing Your Neighborhood Become an expert there Save Time, Fuel, etc Drive your own comps Influence your appraisals Choose a place where people want to live
GreenEarthEquities.Com
7 5
Tarpey North Cluster
2
1
6 Tarpey South Cluster
9
3
4
10
I look for $100K spread G r e e n E a r t h E q u i t i e s . C o m
Projects Done & In the Pipeline
© 2009
Saving The Planet One House At A Time
Areas To Think About For New Year’s Resolutions 4. Financing for Purchasing “Private Money” is the best if you cant get bank money. Many people are only earning 2-3% They will be ecstatic to receive 9% from you. Build your Confidence & Professionalism G r e e n E a r t h E q u i t i e s . C o m
© 2009
Saving The Planet One House At A Time
Areas To Think About For New Year’s Resolutions 5. Financing For Your Buyers Good Loan Broker on Team Outside the Box Options: “3 Types of Owner Financing” 1. Lease Option 2. Partial Carry 3. Contract Of Sale (Opens a Whole New Group Of Buyers) G r e e n E a r t h E q u i t i e s . C o m
© 2009
Saving The Planet One House At A Time
I’ve Begun Building This “Owner Financing” Plane In Flight Initial Indicators are positive 1. Plenty Of Buyers 2. Easily accessible (free) on Craigs List 3. Buyers dont ask you to pay their points or discount. 4. Still a risk, but it seems worth it.... I will continue to report as I continue to build it in flight. G r e e n E a r t h E q u i t i e s . C o m
© 2009
Saving The Planet One House At A Time
Happy & Prosperous New Year I hope 2010 is a great year for you. I wish you the best success in your Energy Wise House Flipping Investing. I am here to help however I can
Dave Robinson G r e e n E a r t h E q u i t i e s . C o m
Š 2009
Saving The Planet One House At A Time