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Joey Poltor

The Allowance Account

06-16-09
Joey Poltor

Well, here we go again Charleston Real Estate Investors. This is the real estate entrepreneur, and I am going to give you just a short tidbit on a fun and easy way to save some money. At my house we have an allowance account. Just like you give your kids or you remember getting we put a bit of money in our account every week separate from all of our money and we build up the excess very quickly. We like to spend a good bit and we put $300 in our account every week. That is not saying that we couldnt easily live off of $200-$250 per week. Even dropping to $250 per week would save another $200 per month.

For us $300 allows us to spend $75 on gas between both vehicles, $100 on groceries, and $125 on miscellaneous. We can go to the movies at $20 a bunch of times, or go to the movies and buy a couple or really do whatever we want. It also aids us in not buying big stupid purchases that are caused by spontaneity. You know the things that you buy because the box looks cool. Well, check out our website at www.charlestonrealestateinvesting.com

Go out, make mistakes, and make some money!!! Thats what Im doing!

I just wanted to add a couple of things real quick. This $300 is just for my spending money. It includes things like movies, clothes, oil changes, and the like. It does not include things like business marketing materials, recurring phone bills, utility bills and the like. Of course this account is a goal oriented account and say we had some emergency we would of course use the money from one of our other accounts. Comment!

The "What I Hate" List

06-13-09
Joey Poltor

Here is a great topic ladies and gentlemen. Are you ready to become more productive? If you are like me than you sometimes have a problem with productivity. Some people call it, "spinning your wheels", "moving fast and getting no where", or even "Im working as hard as I can and not making it happen". Well, these are all words of a frustrated individual and I am going to share with you what sometimes helps me to get through these times.

First of all, realize that this happens to everyone. We are entrepreneurs and we face struggles. If this was for everyone than we wouldnt be the exceptions we would be the rule and we would have to find something else to do, right?

Now that you realized, calmed down, and are thinking clearly; be honest with yourself. What is it that you arent doing, I know, I know you arent achieving but what arent you doing? Either because you dont want to (that part sucks) or because you have delegated that part to someone who is unable to handle the responsibility. Did you figure it out? I am betting that you did.

Well, I was listening to some Tony Robbins and he was talking about how he made it in his business. It was at the birth of his new son, much like where I am in my life ( I am waiting on a daughter to be born anyday) and he didnt like his living arrangements. I live in a WIP (work in progress - as one buddy of mine calls it) and I am not ok with that. I am a real estate entrepreneur and deserve to live like I work as hard as I do. In fact, I would say that I HATE this house!

I HATE this house much like Tony Robbins hated his living arrangements when he went from $38k to $1,000,000 in a year. Now I make plenty enough funds to qualify as a real estate entrepreneur as I am sure you do as well but I have developed such a hatred for this house and how I force myself to live. I have developed a list of the mediocrity that I have allowed myself to become content with and how that contentness and mediocrity disgusts me. You may be thinking, well I am fine with being content, and this post may not be for you. How can you be fine with being content? Being content means to not be happy yet not sad. So you are fine with your life being filled with nothing. That is at least how I feel about it.

The remedy that I have found is in reading this list everyday and becoming upset with my life to the point where I want to work harder to achieve. My family deserves more than I am giving and I have a larger role to play in life than the "buy a house, have some kids, get old, and die" mentality. I am here to make a difference. What about you?

Make up your list and keep adding to it. Dont be content and read it every morning. Realize why you are not ok with your life and what more you need to have. Well, Get to it, stop reading and start writing, I am changing your life right, make sure you come back and say thank you!

Please check out my website and formal blog for more great information www.CharlestonRealEstateInvesting.com and www.InvestingRocks.com

Thanks

What am I doing wrong?

06-10-09
Joey Poltor

Have you ever asked yourself this question? As an entrepreneur, a real estate entrepreneur, I used to ask myself this question all of the time. It wasnt until recently that I finally figured it out. People have talked to me and given their points of view and countless of people have asked me. Until I figured it out I was kind of oblivious to the simplicity of this answer.

First of all, lets talk a bit about you and how you are feeling if you still find yourself asking this question a lot. Well, keep in mind that I used to always have this feeling so I know what you are going through. Realize how you would feel if you had a boss to answer to as well. Not going to happen is it?

Do you find yourself prospecting until you are sick of it? As much as you love your job you should be doing it until you are sick of it.

Are you caught up in the systems of the business rather than prospecting?

Have you looked at what you are really doing?

Do you get mad at the business and sometimes ask yourself if a regular job would be more enjoyable? Getting a paycheck week after week and not having to worry about making sales?

Are you a always positive or do you find yourself bouncing from highs to lows like you are on a life rollercoaster?

Well, if that sounds like you dont get upset and realize that you are in a place where most people have gotten to and quit or have pushed through and made it to that next level. I dont claim to be any type of guru like so many of my peers but I do claim to do pretty well in this business.

So calm down, relax and take a breath. I am about to give you the MAGIC ANSWER to all of your problems.

Ready?

Well Here it is.......................

For the answer, would you go to our blog that this post was originally published at www.investingrocks.com and visit our website at www.charlestonrealestateinvesting.com

Adding the brokerage to the swing of things

06-07-09
Joey Poltor

Attention Charleston Real Estate Investors. Here comes a real estate company designed for you. As a real estate investor and a Realtor for the past few years I have just past the Realtor's Brokers exam and am now qualified to open my own brokerage. As we all know that there is no price fixing as real estate professionals, I have been toying with some ideas for cost on your listings. Right now I am thinking of new "flat fee" listings. Tell me what you think.

I am also considering a pay by the hour type of situation as well. This could be very beneficial for you, couldnt it?

Well, lets go into a bit of why I am adding the brokerage to our company. We do some investing in properties and obviously we will save some money on commissions. The main reason is so that I am able to list and sell the investment properties that we are not able to invest in. In today's tough economic times, the banks do not lend as much to the self employed and there are many people that are overleveraged as it is.

Now with the newly formed BSO Carolina Realty, you can choose how you want to sell your home, how much service you want will derive the price you pay to your Realtor. Sounds pretty good, doesnt it?

Well, by all means I want to know what you think and I want to help you.

Check out our website at www.CharlestonRealEstateInvesting.com

Check out our blog at www.investingrocks.com

Google Real Estate Entrepreneur! 1st Page

06-03-09
Joey Poltor

Just as it is written, Google Real Estate Entrepreneur, and you will see that www.investingrocks.com is on the first page. Pretty exciting if you ask me. Especially if you think that we have been doing this for long. We haven't, we have been promoting the website seriously for only a couple of weeks. I have read a couple of books that emphasized the importance of keywords, domain names, and content. I guess we have a pretty good setup of them.

Some other great things have been happening for us lately. Today, I passed my real estate broker's exam to turn my investment company into a real estate brokerage. This is a huge step forward for us. It seems that as we work and follow our intuitions we take everything in stride and do very well. I am quite happy with life right now.

In addition to all of these great things I now have two birddogs that I am training on Friday for my first real class for our company. If you remember I taught investment for the Star 99.7 radio stations "rags to riches" program a couple of years back. It was a great program though it never really took off.

Well how about some helpful tips? Well, you need to smile. Are you smiling right now? Your smile is infectious and it will make everyone around you smile.

Be very grateful for what you have, no matter how low you are there is someone that is below you and you are not in their shoes.

Are you married? Kiss your wife like you used to today. Hold her for just that one extra second to let her know you care.

Go after your dreams! There is nothing like going after your dreams, you will never feel as great as when you are in pursuit of your ultimate happiness. Even when you achieve it, you will find that the pursuit was a great place.

You are an amazing person and all of the people in your life are fortunate to have you.

Check out my business site www.charlestonrealestateinvesting.com