Jeremy Burgess

My last blog I spoke about the importance of setting goals and the amazing effects it can have on your life. Almost as important is motivation. You need as much motivation as you can get. Personally I pour motivation into my mind all day. First thing in the morning I read famous quotes. I have motivational cds that I listen to when I drive and I work out. I also read books and watch motivational movies. I’m sure some of you are thinking I’m a little crazy! Let’s face it some of our goals are difficult and take quite some time to accomplish. Without daily motivation we might not get there. Take time out of your day everyday to fill yourself with motivation. And remember that motivation runs out fast so always keep some around to get where you need to go.

Be a Renegade,
Jeremy Burgess

Many motivational speakers, business gurus, and parents if you are lucky, talk about the importance of having and setting goals in life. I personally ignored goal setting for a long period of my life. And the goals I did have later in life I didn’t even bother to write down. It’s interesting that as human beings we don’t do the things we know is important to our health, wealth, and life.

I’m guilty of it myself. For the last six months I haven’t written a goal or even looked at my old written goals. Gee, I wonder why I haven’t made the progress in my business and my personal life that I would like recently.

For those of you who doubt the importance of goals, I recommend you look at it from a different perspective. You are going on vacation and your car is packed and the gas tank is full. The problem is you don’t know where you want to go. Maybe you have an idea on where you want to go but you didn’t bother to pick up a map. Yeah you might get there but odds are you are going to have a challenging time doing it.

Of course there is the other side of that coin. You plan your vacation in an advance, print maps and even book hotels and events. My wife falls into this category. However, you give little to no thought about what you want to achieve in your life.

Specific written goals provide the road map to success for your life. They give you a focus and a direction to put your effort and energy behind. Now, instead of driving around lost and confused in life, you have a destination and a map on how to get there.

People ask me all the time about my success as a real estate investor. How did you do it? I’ve had many answers as I have progressed in my real estate investment career and it amuses me how much simpler my answer becomes as I become more experienced.

My success or lack of success has always been tied to specific written goals that are reviewed daily with some form of accountability. You can track my successes and failures by how closely I did the above.

If you are struggling to get started or maybe have hit a plateau or worse, you are in the bottom of the canyon and you have to climb your way out… maybe it is time to put some goals to paper. I promise you won’t regret it.

For help on getting started I have included a link to an article written by Tony Robbins on Goal Setting.

Be a renegade,

Jeremy Burgess

Few will argue that the current real estate market is in a dark place and that the old ways of making money have passed. While this may be true, there is a sea of opportunity for real estate investors who are willing to innovate and solve problems. Currently, most 1st time home buyers who would like to by a home are experiencing great difficulty securing financing.

You can be the bridge financing that paves the way to home ownership and you can profit greatly from it. President Obama and Congress passed a law in an effort to kick-start the real estate market making seller financing extremely attractive and profitable to real estate investors. Any first time home buyer will receive a dollar-for- dollar tax credit for 10% of the sales price of their new home purchase up to $8,000. IRS Website - $8,000 tax credit.

You can also have your 1st time home buyer assign their tax credit to you as additional down payment on your house. Most buyers have $2,000-$3,000 to put down and if you add the $8,000 tax credit you now have a $10,000-$13,000 down payment! I know I feel more comfortable seller financing my property with such a large down payment.

You can either sell your house on a land contract or you can give the buyer a mortgage. Make sure you document their payment very well. Insist on checks, money orders, or cashier’s checks and keep copies of the cashed checks as well. You will need this in order for your buyer to qualify for a refinance to pay off your loan more quickly. If needed, enroll your buyer in a credit repair program to ensure that they can qualify for a refinance quicker.

Opportunity exists right now for those who can solve problems and the profits are worth the effort. For those of you who are Renegade Detroit Investor members, I have posted a step by step process for how you can have your home buyer’s tax credit assigned to you on our member’s only website. The money is always in the solution.

Now quit whining and go out there and crush some deals!

Be a Renegade,
Jeremy Burgess

Detroit investment properties Free Report on Detroit foreclosure investing "how to" Detroit foreclosure analysis

I can’t help but think of Detroit as the Wild Wild West of the 21st century. Driving around Detroit always makes me feel like I’ve just discovered a new land where anything is possible. With over 80,000 acres of urban prairie and 40,000 houses that need to be demolished, Detroit is where American really has a chance to start over.

It’s impossible to ignore all of the changes in the world and with a stronger and more competitive global market, Detroit was the last Industrial Giant to fall. While others see times past and lost former glory, I see a blank canvas just waiting for the right people to build something great.

Like the great westward migration after the civil war, the Oregon trail, or should I say the Detroit trail, is lonely path filled with hardship and failures, and like the wild wild west, Detroit offers the dream of a fresh start and a new life of opportunity. By no means am I suggesting that everyone who comes will succeed or that the path is an easy one free of obstacles. To me, Detroit is the last and best place to bet big and win, making all of the sacrifices and hard work worth the risk.

For those of you who believe I’m being naïve and idealistic I would like to point out that I’m not the only one who believes in this new frontier. Many artists are moving to Detroit and forming artist communities due to the low cost of housing and living. Here artists have the choice to not compromise when it comes to pursuing their dreams. A recent NPR article and broadcast tells their story.

Jonathan Mahalak, a blogger for the Chicago Reader recently published an article discussing how Detroit is the most democratic city in America where residents are rebuilding communities in their own vision of what a neighborhood should be.

The gold rush I’m writing about isn’t for gold – it’s for the less tangible rush for hope of a brighter future. It’s the last place in America where those with a pioneering can-do spirit can venture out to a new beginning; a new beginning that overcomes social and economic barriers with the chance to make a change with little to no regulation. No Uncle Sam monkey on your back telling you what to do and how you make it.

For those with guts and determination, Detroit is the wild wild west and with them lies our best and brightest hope for a new age and a new America.

Make your life uncomfortable,
Jeremy Burgess

Detroit investment properties Free Report on Detroit foreclosure investing "how to" Detroit foreclosure analysis