Summary -- FEAR: Real Confidence. Self Esteem. Becoming Rejection-Proof & Anxiety Free.

Summary -- FEAR: Real Confidence. Self Esteem. Becoming Rejection-Proof & Anxiety Free.

• Listen to audio 
• View video
• Take action

How to challenge your anxiety

• New “Frame”

How & Why to reprogram your brain 

• Rule - Discomfort (talking in front of other; ) earns you 1% towards confidence 
• “The truth about long-term development is that it comes from small efforts applied regularly to create powerful habits that then produce results in your life.”
• “There is a set of principles that consistently produce Results.”
• “People who put in the time and effort on a consistent basis create habits and the focus to produce results. This ability is only earned, but once you get it, you keep that with you for life.”
• The “I Can” people think they can do something but when opportunities arise for them to take action they don’t. Whereas the “I Am” people are the type of people who do take action when the moment arises and who do produce results.
• Be the type of person who says “I am doing this” and not “I can do this”.

Random notes on real estate investing

Considerations when looking at any property

• Purchase price - e.g., 150K

• Rehab  - e.g., 50k (when and if to do it)

• Sale  - e.g., 250K 

• Rental potential - e.g., 1k

• Time - 6 months

• Profit (250K - (150k + 50k) = 50k) ==> in 6 months

• Risks (internal and external) (market shifts, unexpected events, borrowing of cash)

• rent income over X years

• increase in property value over X years 

Need to look at the amounts of cash flow IN and OUT

Timing of cash 

E.g., Hypo

• - 150 k on rental 

• - rehab is 25k

• - rent is 1k (income it can rent)

• - Sale price 

Cash Flow Signature - all investments opportunities have this
Types

• Rental income property

• fix and flip

• apartments

• commercial real estate

Partnerships



Need to understand Risk-Reward for Investment Opportunities 

• Need to do investment analysis 

• (1st filter) Back of Envelop Analysis (pen and paper) (75%)

• (2nd filter) Detailed analysis and validation of assumptions (20%)

• (3rd filter) Letter of Intent & Due Diligence (5%) (e.g., 1 in 20)

Investment analysis process
1. Understand Analysis scope (what info do you need?)
2. Gather data (market sale prices, market rent, e.g, comps; use Zillow )
3. Build a Model (e.g., Excel)
4. Test & Interpret (most important), most difficult to master 
5. Make a decision 
.


Data Gathering tools

USA

• trulia.com (pulls from MLS so may be more accurate)
• redfin.com
• craigslist.com
• loopnet.com (more for commercial)
• Rentometer.com (get quick rent estimate for your property and comps but requires Pro version for additional data)

Canada

• realtor.ca
• rew.ca
• remax.ca
• craigslist.ca

Latin America

• casa.com

Dubai/UAE

• dubizzle.com
• propertyfinder.ae

India

• indiaproperty.com
• realtor.com/internationa/in
• 99acres.com
• https://housing.com/in/

Philippines

• www.property24.com.ph/philippines/houses‎
• homes.trovit.ph/For-Sale/Houses‎
• www.lamudi.com.ph/house/buy/
• https://www.realtor.com/international/ph/
• https://www.olx.ph/real-estate

China (helps if you know Chinese)

• www.fang.com
• www.dichan.com
• www.juwai.com (if you're targeting Chinese buyers with international real estate)

Other International

• realtor.com
• europeanproperty.com (reach out to agents with listings in your target market)
• http://suumo.jp/ (for Japan)