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Kanawha Valley Kanawha & Putnam Counties

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Published in cooperation with The Home Builders Association of Greater Charleston

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Vince Lombardi is to a Football as Honesty is to Real Estate Investing

By Bret Nida

See Residential Rentals Inside

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Your Charleston connection to real estate

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304.7 27.50 35

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Kanawha Valley Kanawha & Putnam Counties

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Home & Living V7:I3

Published in cooperation with The Home Builders Association of Greater Charleston

See Residential Rentals Inside

see page

8

Vince Lombardi is to a Football as Honesty is to Real Estate Investing

By Bret Nida

see page

15

304.7 27.50 35

Visit our website at mybrw.com

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Kanawha Valley

Home & Living PUBLISHER/ LOCAL OWNER

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FOR ADVERTISING INQUIRIES

304-345-0654 dan@livingwestvirginia.com

TMS, Inc PRESIDENT Dan Lanham PRODUCTION MANAGER Natalie Lanham

TMS, INC PO BOX 12234 CHARLESTON, WV 25302

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St. Albans Windows Manufacturing & Siding Company has been serving the tri-state area for 56 years and has been voted “Best in the Valley� for 13 years running. The company prides itself knowing that tens of thousands of satisfied residential and commercial customers have called on them over the years, and that they have earned an excellent reputation for quality products and service. St. Albans Windows not only manufactures top quality window products, but they have their own staff that installs them, no sub-contractors. St. Albans Windows invites you to call for free in home estimate or stop by their factory and showroom. You will be happy you did. They are a great company to do business with.

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Find your new designer kitchen in this issue

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Darin Fisher Designer Kitchens

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For over 10 years DFDK has been serving the Greater Charleston area with quality designs. With over 35 years combined experience, we will walk you from start to finish through the design and installation process. We offer a wide range of the finest products to meet any budget, such as Ogema Cabinetry which has a full custom and semi custom line. So call Darin Fisher Designer Kitchens for an appointment and visit at our convenient boulevard location to let one of our designers create your dream space!

Darin Fisher Designer Kitchens 1404 Kanawha Blvd. East • Charleston, WV 25301

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email: darin@dfdkkitchens.com website: www.facebook.com/dfdkkitchens.com Hours: 9:00 to 5:00 Mon-Fri appointments appreciated Owner/Designer: Darin Fisher Designers: Liz Bonar, Cory Stout Year Established: 2003

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A Life of Lu xu r y. A Lifest yle of Convenience 2014 in the Valley

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Vince Lombardi is to a Football as Honesty Is To Real Estate Investing When wearing my Real Estate Investor hat, I always look for opportunities to “pay-it- forward” to anyone that will hear the knowledge and insight I have gained over the years about how to succeed as a Real Estate Investor.

It is such an exciting industry and beyond that, it is just my nature to see others realize their success and to build new relationships as I have. For now, I will save you the Anthony Robbins-esq jazz and jump to the purpose of this long-winded paragraph you are reading. Over the next few blogs I intend to build a foundation for what it takes to succeed as a Real Estate Investor. Ladies and Gentleman, let’s begin!

Vince Lombardi was a successful leader on-and-off the field and always loved a teaching moment. When an opportunity of growth reared its fancy face, he was known to demonstrate what at the time, seemed farce. To learn and grow, he would start with the basics time-and-time again. In the locker room, amongst veteran players, he would gather them around and state “Gentlemen, this is a football!” and redo the basic fundamentals of how to succeed in the game-starting from the basics and working forward. With that said, pretend for a moment that for Investing and succeeding at the game, that Honesty is the football.

It is "Doing The Right Thing" the “Golden Rule” The Truth Be Told"; the most valuable asset you have that will realize your biggest gain in building your empire. (Geez, not only am I sounding like Anthony Robbins but also Joel Osteen.

I suppose that's not a bad thing?)

As you start building your empire, there will be many obstacles you will encounter, starting with financing. Sure, you can get your financing in order with a bank and possibly build a relationship for funding on a few homes but you will soon

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discover the limits of too many loans and the cumbersome red tape banks have with their underwriting standards. Even with a solid business plan and a strong column of assets,most banks make it extremely difficult to do business with. There are a few exceptions to the rule but to find that rule you must for now, “focus on the football”. To overcome the financing quagmire, you must seek private funding. (I will save the "How To Find A Private Lender" sermon out of the Gospel Of Nida for the next article and reinforce being a football. I mean a honest person.)

Using my own personal experience, by being honest, even when that greedy little Devil on my shoulder told me to " do the deal" or "only think of Team Bret who cares about The Team Edward Family?", I have been blessed to have raised a good bit of funding for my ventures and have been able to pass on to my lenders a great return. Private lenders are everywhere: at Church, the Gym or maybe even your Great Uncle Archie might have a stack of cash to invest in. With the measly ROR(Rate of Return) the Fat Cats on Wall Street are giving him on his retirement, you could give him a much higher return on his retirement and provide a Win/Win for everybody in the Bunker Family.

Demonstrating that you are a person that one can trust, no matter which paradigms of your life you are moving through, is the first step on your way to being a reputable Real Estate Investor. Remember the basics and remember the football and should you be wondering what the football and Vince Lombardi has to do with Real Estate investing I can honestly say, absolutely nothing but absolutely everything!

By Bret Nida

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