Real Estate Investment Opportunity

Pre Foreclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

That’s where I come in.

I’ll be your strategy consultant who helps you [the investor] with your real estate investments planning. As a Real Estate investment consultant, unlike a Real Estate broker or sales agent, I’ll do more in-depth work on formulating your investment strategies, helping you [my client] fulfill your needs and goals.

Real Estate has long been recognized as a valuable addition to the traditional stock and bond portfolio model. Yet most investors struggle to efficiently access the asset class, where finding quality investment opportunities requires relationships and local expertise. That’s where I come in.

Investments and asset allocation. Where to Invest?

Patrick Iturra is Back (2019)

I return to the Social Networks: (English Subtitles)

Greetings from El Mirage, CA. This time with my son, driving  at more than 150 mph (240 kph) that was exciting.

I announce that I will return with our Online meetings with the entire Financial Education Team. Stay in Contact.

Video: El Mirage, CA. Car: Lamborghini Huracan Music: Matthew Iturra: https://soundcloud.com/matthew-iturra/imploded

Bitcoin has a lingering problem

Bitcoin has a lingering problem that few people are talking about amid the renewed exuberance of the recent price surge.

Hardly anyone is using the world’s largest cryptocurrency for anything beyond speculation. Data from New York-based blockchain researcher Chainalysis Inc. show that only 1.3% of economic transactions came from merchants in the first four months of 2019, little changed over the boom and bust cycles of the prior two years.

Even though marque companies such as AT&T Inc. now let customers pay with cryptocurrencies, the problem is that few speculators want to use the digital coins to pay for wireless services when the digital asset’s price might surge another 50% in a matter of weeks. That’s become the main dilemma with the cryptocurrency: Bitcoin needs the hype to attract mass appeal to be considered a viable electronic alternative to money but it has developed a culture of “hodlers” who advocate accumulation rather than spending. Full Article Bloomberg

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GOLD STANDARD AS THE FIRST FINANCIAL CENTER OF DIGITAL ECONOMY 

Gold Standard Bank has become the most significant global multinational holding company in financial sector that has been setting new trends in the blockchain sector development. Its rapid growth is based on the understanding that the world of the future will draw on technology and gold. Over the past few years, it has become the largest venture, which has implemented a numberof successful innovative blockchain projects related to introduction and development of gold exchange transactions.

First-Time Real Estate Investors

Real estate can be a tremendous investment opportunity. And for those who are in for the long run, rental properties really can’t be beat.  But when it comes to taking that crucial first step, most people aren’t sure where to start. If you are thinking about investing in real estate, here are 10 considerations to help you to get off to a great start.

1.Get Your Finances In Order

Before you take the plunge, take stock of your financial situation. Is there anything that you can do to put yourself in a stronger position to invest? Things such as paying down or consolidating debt, along with working on improving your credit score, can help you to qualify for a better loan. You’ll also want to save up for a down payment. A larger down payment is ideal for reducing your monthly payments, your insurance and even your risk.

2. Do Your Research

Next, you’ll want to learn as much as you can about real estate investing and rental property management. Brush up on the basics of landlording, and get some good books that offer sound investment advice. There is a lot more involved with becoming a landlord than meets the eye, and being prepared will help you sidestep many common pitfalls along the way.

3. Start Small

While you may feel pressured into “going big” when it comes to your first investment, there’s nothing wrong with starting small. In fact, it’s how many successful investors get started. Starting small offers a number of benefits; namely, it’ll give you a chance to gain an understanding of how investing works before there’s a lot more at stake.

4. Know The Numbers  

Before you commit to a property, it’s important to know exactly what type of returns you’re looking for. Start by establishing your investing criteria, and resolve to only invest in properties that meet your standards. So be sure to have an idea about cap rate and cash-on-cash returns, along with net yield and cash flow.

5. Scout Out A Location

As a new or first-time investor, you might be looking at property that’s close to home. However, be careful that you’re not limiting yourself. When you open yourself to the possibility of an investment property outside your local area, you’ll be able to take advantage of up-and-coming markets that may have better opportunities. With the property management options and resources available today, investing in out-of-town property is easier than ever.

6. Adopt A Business-Owner Mindset

Investing is a business, and you should treat it like one. Just as you’d have a solid business plan in place for a company, along with clear and actionable plans, key milestones and systems, you’ll want to do the same for your investments. Remember: Your goal is to generate a profit, so make sure you lay the groundwork necessary to do so. Don’t simply invest in the first property that catches your eye. Just as you would in a business, make sure every opportunity checks out. __Full Article Forbes

If you interested to buy your first real estate investment

I have access to Bank Owned, Probate, Tax Liens,Trustee Sales (Court Auction cash only), and even Vacant Properties on any Estate and any County.

My roll will be your Strategy Consultant and find the best piece of Real Estate Investment for you. If you need subcontractor, repair and resell your Real Estate, I have the best price on the market. Even if you need finance to buy your first Investment, I have motivated private investors and banks who want to help you in your entrepreneur include Contractors Financing

https://patrickiturra.com/contact/

Trends for Real Estate Investors

Opportunity zones

Created by the Tax Cuts and Jobs Act, opportunity zones are new territory for real estate investors. Peter Muoio, executive vice president and chief economist at Ten-X Commercial, an online transaction platform for commercial real estate, says opportunity zones are on track to be the hottest trend in commercial real estate for 2019. “With valuations at cycle highs and fundamentals waning, the tax incentivesoffered by these programs are massively attractive, especially as not all of these zones are created equal,” Muoio says, acknowledging numerous cities may prove to be diamonds in the rough. As capital flows in, certain submarkets could see increased volume, and “increased liquidity is a positive for the commercial real estate environment.”

New construction gets pricier.

Construction prices inched up 0.5 percent in October, reflecting a 7.9 percent increase year-over-year, according to the Bureau of Labor Statistics Producer Price Index. That’s something investors should be watching closely in the year ahead, says Lee Roberts, managing partner of SharpVue Capital in Raleigh, North Carolina. “In addition to supply-demand factors, there is a large policy component to this,” Roberts says. “Not only are interest rates being driven higher by the Fed, but materials costs are being affected in part by trade policy, while labor costs are moving higher in part due to immigration policy.”

Build-to-rent gains momentum.

Build-to-rent is a relatively new trend, says George Maravilla, vice president at Tower Capital in Phoenix, but poised to expand. “These newly built and to-be-built rental communities have a lot of the conveniences and amenities of an apartment but feel more like a home,” Maravilla says, and as more developers move into this space it’s likely to join the mainstream of CRE asset classes. Build-to-rent communities are designed to fit the privacy and affordability needs of younger buyers shopping for a mortgage loan and boomers looking to downsize. Maravilla says build-to-rent represents a new frontier for investors with a pioneer mindset looking to diversify into non-traditional housing.

Real estate investment trends you can expect in 2019

  • Younger home buyers
  • Opportunity zones
  • E-commerce
  • Rising interest rates
  • Increased construction prices
  • Big data
  • Build to rent
  • Smart technology

By Rebecca Lake, full article U.S News

KaratBank

Harald Seiz, CEO and Founder of Karatbars International was appointed Senator by the German Federal Association for Economic Development and Foreign Trade (BWA).

The goal of Harald Seiz is to develop innovations on the subject of monetary policy, hand in hand with the domestic and foreign policies.

“I am convinced that we can make a difference” Harald Seiz says, “because a debt-free currency is within our reach, but we can only bring change if we take joint action.” Learn More, The Greatest Wealth Transfer

Karatbars International is already working on it; 24k Gold is the oldest currency in the world. “We want to set an example and show the world that it is possible to introduce debt-free means of payment.  Click Free Registration

With the help of politics and the general public we have a huge opportunity to provide a better life to people worldwide. ”

Conducted by Anja Schäfer-Oettinger

More about Karatbars International

Real Estate Perceptions

Here is fancy graphic that outlines the perceptions of the Real Estate Investing Industry and the differences between the way Men VS Women see it.

And it proves that people are starting to catch on to the power of investing in Real Estate…

…which means if you don’t act now, you’re going to look back in 5 years and KICK YOURSELF for not taking action sooner.

Check this out: perceptions-of-real-estate-investment

What can we take away from this?

The consensus is in: Real Estate holds the highest perceived value of investing out there. And there is a reason why it does.

a. It’s a secured method of investing – even when the economy goes to the crapper, if you’ve invested wisely, and saved yourself % off of Market Value on the property, you will be in an incredibly lucrative place when the economy rises back up.

b. It holds its value, and even increases in value as time moves forward (At a much more rapid rate than stock markets and other investment strategies)

c. People think it’s the best investment

Are you ready to invest in Real Estate for this new year?

Are you an Investor, with a tight agenda or tired of wasting time finding a good Real Estate Investment? My group is an experienced team on Real Estate and lending, have the deals that you are looking for. I have an exclusive access to the Trust Deed Sales, (Foreclosure from BofA, Chase,  Fannie Mae and meny more banks.  I got an especial list, Riverside, Los Angeles and San Bernardino Counties in California  700 foreclosure  for sale on December, Cash Only.

More information contact me HERE

Gold: Why Doesn’t Your Financial Advisor Recommend It?

When it comes to your investments, diversification hasn’t worked. The “Buy and hold” strategy has become “buy and hope.” The one asset that could have helped stabilize your portfolio isn’t ever recommended by CNBC or your financial advisor. That asset is gold.

One cannot rely on CNBC or conventional financial media advice as they are misinformed.

Continually CNBC bashes gold as gold is the enemy in their book. They’d rather you put your trust in assets that don’t counteract the fall of the U.S. dollar. How has that worked for investors the last 10 years? Not well.

It’s not your fault you’ve lost money on your investments but you’re not being told the whole truth about investing to begin with and things unfortunately are worse than you may think.

We have experienced in 2008 and 2009 a horrendous Global stock market downward spiral and the U.S. stock market hadn’t seen this type of decline since the great depression. While nothing goes straight down, and bounces like we’re experiencing now will and do occur, those bounces will only be followed by further declines for the time being.

Governments have made it so we don’t know much about investing in gold.

The U.S. Government hides from us how much gold is stored in Fort Knox and won’t even let us audit it. Why the secrecy?  Every Central Bank in the world owns gold, so you’d think governments would advertise this fact so their citizens would have a stronger belief that their paper currency has some sort of gold backing, especially with the recent rise in the price of gold.

Gold used to back our currency, but for the last 38 years it has not. What really backs our currency? The answer is the full faith and debt of the U.S. government. The dollar has lost 81% of its purchasing power in those 38 years. What cost $1 in 1971 costs $5.31 today for that same item.

Gold used to be the money of our forefathers. Today, if they were alive, they’d demand their portraits be removed from the currency as it does not subscribe to the definition of money they laid out in the Constitution.

Ignorance of how gold fits into ones understanding of money or even how to include gold as part of a diversified portfolio is not your fault either. It’s one of the dirty secrets you’re better off not knowing about. That is, unless you want to protect your wealth from confiscation through the coming tsunami of inflation.

The hottest market in the last 10 years and your financial advisor had the opportunity to put you into gold but they didn’t do it. 

You see, financial advisor’s aren’t taught anything about gold as a viable investment except that it is a commodity and sits atop the pyramid of investments at the highest risk level while the U.S. Dollar sits at the bottom “safe” level.  Hmmm, hasn’t the dollar lost about 25% in value the last five years?

Many financial advisers are really clueless about gold because even their Certified Financial Planner (CFP) textbooks don’t explain gold well.  I bought and paid for the entire CFP course and received all the books in advance.  The book for the investment class, “Investments: An Introduction”  Seventh Edition by Herbert B. Mayo (Custom Edition: College for Financial Planning), had six pages devoted to gold, almost all of which bashed gold as an investment relating it to” jewelry” and “numismatic coins.”  The book called buyers of gold, “collectors” and didn’t even mention U.S. Gold Eagle coins or the U.S. Mint.

So the next time you see your financial adviser (CPA, Insurance Agent, Psychic or whomever is advising you on where to invest), show them the table below and ask them why they didn’t have you diversified into gold the last 5-10 years and why they aren’t recommending you insure the continuous decline of the U.S. dollar with an investment in gold today.

And remember one important fact; if your portfolio goes up 10% and the U.S. dollar falls 10%, you haven’t gained any true wealth. 

Diversification into gold can help counteract the decline in the U.S. dollar and maintain your wealth. 

In a future article I will be discussing more reasons to diversify into gold.

Ask for more information BUY GOLD TODAY  

YEAR END PRICE OF GOLD
2000 $273.60
2001 $279.00
2002 $348.20
2003 $416.10
2004 $438.40
2005 $518.90
2006 $638.00
2007 $838.00
2008 $885.50
2009 $1,992.00

Contact me Here to open a free Gold account

5 Books That Will Instantly Give You a PhD in Productivity

Read these five books to instantly become a productivity master.

Becoming productive is one part art, one part science. There are some best practices out there, but most people have to determine what is going to be the best for them through a process of trial and error.

One of the best ways to get started on the productivity journey is to read books on productivity. Shocking, I know.

While I would not say I have a PhD in productivity, I will say that I am well-studied–let’s say to a post graduate level. I got to this point by reading everything I could get my hands, implementing and testing dozens of methods, and obsessively pursuing productivity for nearly 10 years.

Through this process I have read a handful of books that stand out or made a significant impact on my own approach.

These are my top five:

1. Meetings Suck by Cameron Herold

This book argues that meetings don’t suck, we just suck at running them. And most would agree that’s pretty accurate.

Meetings can be an epidemic that not only waste your time, but everyone else’s as well. When you look at the time spent in meetings, it can be truly alarming.

I reached out to Herold for this article and he stated:

“There are 11 millions meetings every day and $37 billion wasted each year in meetings. I calculate that the average employee spends a minimum of 1 hour a day in meetings of some sort, which is 12.5 percent of their work day. When companies figure that as much as 12-25 percent of their salaries are being wasted–it’s time to fix meetings for sure.”

Learning how to be more productive where we spend so much of our time is a productivity breakthrough and this book is one of my personal favorites so far of 2016.

2. Getting Things Done by David Allen

This book has become a bible for many well-known executives, entrepreneurs and founders.

The core concept is based on the idea that when a task that needs to be done enters your brain, it needs to be processed and sorted.

If it is just kept in your mind, that creates an open loop and throughout the rest of the day, your brain will constantly be in a state of stress trying to make sure it does not forget to do it.

The key here is to first capture everything and then second, sort it into various categories. Finally, take time to review. For the system to work, it must constantly be reviewed.

3. The 80/20 Principle: The Secret to Achieving More with Less by Richard Koch

You have probably heard of the Pareto Principle before, but in case you haven’t, it is based on the theory that 80 percent of results come from 20 percent of the effort that you put into it.

This is not just the case for getting tasks done; it is a pattern that appears outside of the business world as well.

Knowing this can help you to consciously think about where your results come from and where you are simply wasting your time.

4. Zen to Done by Leo Babauta

This book was written by Leo Babauta, the well-known blogger behind ZenHabits.

Zen to Done goes even more basic than Getting Things Done–I recommend that people read both books and depending on how complex and complicated their day-to-day is, they can decide which one works best.

From what I have seen, Zen to Done is great for someone just starting their productivity journey while Getting Things Done is more advanced.

5. 15 Secrets Successful People Know About Time Management by Nick Kruse

I recommend reading this book once a quarter. It takes nearly every popular productivity concept that’s out there and shows you how to implement it along with providing insights for how other successful people use that specific productivity method.

For example, Richard Branson and his little black book are used as an example in one section. These tangible reference points are helpful, particularly for readers like myself who are more visual learners.

Working on productivity is a never ending job. There is no such thing as the perfectly productive individual. Like everything, it is something that requires constant attention, focus, and a strong desire for steady improvement.

Jim Rohn once said “People often say that motivation doesn’t last. Well, neither does bathing–that’s why we recommend it daily.”

The same goes for productivity.

BY JAMES PAINE Founder, West Realty Advisors 

5 Misconceptions About Networking

By Herminia Ibarra Harvard Business Review

A good network keeps you informed. Teaches you new things. Makes you more innovative. Gives you a sounding board to flesh out your ideas. Helps you get things done when you’re in a hurry. And, much more (see my recent Lean In video on how networks augment your impact).

But, for every person who sees the value of maintaining a far-reaching and diverse set of professional connections, many more struggle to overcome innate resistance to, if not distaste for, networking. In my 20 years of teaching about how to build and use networks more effectively, I have found that the biggest barriers people typically face are not a matter of skill but mind-set.

Listening closely to my MBA students’ and executives’ recurrent dilemmas, I have concluded that any one or more of five basic misconceptions can keep people from reaping networking’s full benefits. Which of these are holding you back?

Misconception 1: Networking is mostly a waste of time. A lack of experience with networking can lead people to question whether it’s a valuable use of their time, especially when the relationships being developed are not immediately related to the task at hand. Joe, a Latin American executive in a large company striving to promote greater collaboration, for example, told me that every single co-worker who visits his country asks him to meet. Last year alone he had received close to 60 people, a heavy burden on top of the day job. Rightly, he wonders whether it’s the best use of his time.

But, just because networks can do all these things, it doesn’t mean that yours will. It all depends on what kind of network you have, and how you go about building it. Most people are not intentional when it comes to their networks. Like Joe, they respond to requests, and reach out to others only when they have specific needs. Reaching out to people that you have identified as strategically important to your agenda is more likely to pay off.

Misconception 2. People are either naturally gifted at networking or they are not, and it’s generally difficult to change that. Many people believe that networking comes easily for the extroverted and runs counter to a shy person’s intrinsic nature. If they see themselves as lacking that innate talent, they don’t invest because they don’t believe effort will get them very far.

Stanford psychologist Carol Dweck has shown that people’s basic beliefs about “nature versus nurture” when it comes to personal attributes like intelligence or leadership skill have important consequences for the amount of effort they will put into learning something that does not come naturally to them. People with “fixed” theories believe that capacities are essentially inborn; people with growth mind-sets believe they can be developed over time.

As shown in a forthcoming academic paper by Kuwabara, Hildebrand, and Zou, if you believe that networking is a skill you can develop you are more likely to be motivated to improve it, work at it harder at it, and get better returns for your networking than someone with a fixed mind-set.

Misconception 3: Relationships should form naturally. One of the biggest misconceptions that people have about networking is that relationships should form and grow spontaneously, among people who naturally like each other. Working at it strategically and methodically, they believe, is instrumental, somehow even unethical.

The problem with this way of thinking is that it produces networks that are neither useful to you nor useful to your contacts because they are too homogenous. Decades of research in social psychology shows that left to our own devices we form and maintain relationships with people just like us and with people who are convenient to get to know to because we bump into them often (and if we bump into them often they are more likely to be like us).

These “narcissistic and lazy” networks can never give us the breadth and diversity of inputs we need to understand the world around us, to make good decisions and to get people who are different from us on board with our ideas. That’s why we should develop our professional networks deliberately, as part of an intentional and concerted effort to identify and cultivate relationships with relevant parties.

Misconception 4. Networks are inherently self-serving or selfish. Many people who fail to engage in networking justify their choice as a matter of personal values. They find networking “insincere” or “manipulative” — a way of obtaining unfair advantage, and therefore, a violation of the principle of meritocracy. Others, however, see networking in terms of reciprocity and giving back as much as one gets.

One study discovered that views about the ethics of networking tend to split by level. While junior professionals were prone to feeling “dirty” about the instrumental networking they knew they had to do to advance their careers, their seniors did not feel the slightest bit conflicted about it because they believed they had something of comparable value to offer.

The difference came down to confidence or doubt about the worth of their contributions, with junior professionals feeling more like supplicants than parties to equitable exchange. My own research suggests that the only way to conceive of networking in nobler, more appealing ways is to do it, and experience for oneself its value, not only for you but for your team and organization.

Misconception 5: Our strong ties are the most valuable. Another misconception that gets in the way of building a more useful network is the intuitive idea that our most important relationships in our network are our strong ties — close, high trust relationships with people who know us well, our inner circle. While these are indeed important, we tend to underestimate the importance of our “weak ties” — our relationships with people we don’t know well yet or we don’t see very often—the outer circle of our network.

The problem with our trusted advisers and circle of usual suspects is not that they don’t want to help. It’s that they are likely to have the same information and perspective that we do. Lots of research shows that innovation and strategic insight flow through these weaker ties that add connectivity to our networks by allowing us to reach out to people we don’t currently know through the people we do. That’s how we learn new things and access far flung information and resources.

One of the biggest complaints that the executives I teach have about their current networks is that they are more an accident of the past than a source of support for the future. Weak ties, the people on the periphery of our current networks, those we don’t know very well yet, hold the key to our network’s evolution.

Our mind-sets about networking affect the time and effort we put into it, and ultimately, the return we get on our investment. Why widen your circle of acquaintances speculatively, when there is hardly enough time for the real work? If you think you’re never going to be good at it? Or, that it is in the end, a little sleazy, at best political?

Mind-sets can change and do but only with direct experience. The only way you will come to understand that networking is one of the most important resources for your job and career is try it, and discover the value for yourself.

Herminia Ibarra is a professor of organizational behavior and the Cora Chaired Professor of Leadership and Learning at Insead. She is the author of Act Like a Leader, Think Like a Leader (Harvard Business Review Press, 2015) and Working Identity: Unconventional Strategies for Reinventing Your Career(Harvard Business Review Press, 2003). Follow her on Twitter @HerminiaIbarra and visit her website.