Tag Archive for: motivation

Motivational Monday: Invest Today

Motivational Monday: Invest Today

Yes, another Monday is upon us, and you know what that means, right? Yep, time for a dose of motivation.

We think Mondays are the best days to kickstart goals. That includes all goals related to real estate investing. Because if you don’t start investing today, then you’ll wake up tomorrow and think, “Why didn’t I take the plunge yesterday?”

Motivation Monday: Invest Today

Look, we know how difficult it can be to begin something new…or something you haven’t done in a while.

Whether it’s quitting a bad habit, shedding a few pounds, or tackling new responsibilities, we completely understand how much effort it takes to make a change. We know how tough it is to get up on Monday morning and say, “I’m going to do THIS today.” Especially if “this” is telling yourself you’re going to invest today.

But we know you can do it.

Because we have to do it, too. We’re human just like you and everyone else. Therefore, we must challenge ourselves to find ways to improve and reach for the stars (yes, that sounds cheesy, but it’s the truth).

If we don’t look Monday (and every day) in the face and choose to better our lives, then our lives won’t change. And that’s never good, because when we remain stagnant too long we miss out on countless opportunities. The amazing, life-changing kind of opportunities that–although scary upfront–turn out to be the best thing that ever happened to us.

So, if you’re reading this and you’re debating taking the leap into real estate investing, then GO FOR IT! Truly. It might seem daunting and overwhelming right now, but if you don’t let yourself take risks, then you’ll never get a chance to reap the rewards.

And, remember, you can always start small. In fact, we’ve just started a new Money Chat where you can join like-minded investors to learn more about investing in fix and flips, rentals, and other value-add properties.

Our entire team believes in you. And we would love to show you how you can start investing today so you won’t regret it tomorrow.

Happy Monday and happy investing!

Take Charge Tuesday: Numbers Game

Take Charge Tuesday: Numbers Game

Take Charge Tuesday: Numbers Game

On this Take Charge Tuesday, we want to talk about the numbers game.

At Hard Money Mike, we say it all the time: Real estate investing is all about the numbers.

Because, if done correctly, numbers don’t lie.

But in order to use the “correct” numbers, you have to research and evaluate your real estate deals and loans. That means using honest comps, being honest with your renovation budget, knowing your market and its going rates, and researching lenders.

When it comes to real estate lenders, we always recommend shopping around. Because every lender varies with their points, rates, and…hidden junk fees.

Yes, hidden junk fees.

There are many lenders who promise amazing rates and points, but then sneak in extra costs throughout the process. For example, some lenders will charge you to take money out of your escrow account (your escrow account is where lenders hold back funds for renovations). That’s like your bank charging you to withdraw money from your savings account.

So, we always tell clients and prospects to be careful. Ask lenders what other fees might pop up along the way so you know EXACTLY how much money your loan will cost.

Because, again, it’s all about the numbers. And you can’t take charge and claim a hefty reward if you don’t do your due diligence and research both potential properties and lenders.

Ready to take charge of your real estate investments? Great! Our team is always here to help you crunch the numbers, evaluate real estate deals, and decide if a value-add property is worth your time, energy, and money.

Happy investing!

Motivational Monday: Wealthy vs Average People

Motivational Monday: Average vs Wealthy People

Motivational Monday: Wealthy vs Average People

Did you know there are key differences between wealthy and average people? And they’re the kind of differences we can all work on to ensure we’re on the wealthy side (rather than the average side) of life.

Look, we all know Monday can be a little rough. That’s why we like to offer a little motivation to kickstart your week.

Today, we’d like you set your minds on a positive path. Because those who think and act positively tend to be more successful.

With that said, let’s look at some of the major differences between wealthy people and, well, average people.

Motivational Monday: Wealthy vs Average People

As you can see, those who make more money act pretty different from those who, well, don’t. As we mentioned above, they’re more positive. But they’re also more proactive, more forgiving, and more humble.

Successful individuals also adapt to their surroundings. They don’t get stuck in rut and refuse to change.

Let’s face it: change is one of the hardest obstacles we deal with as humans. But being open to change will offer a lot more avenues in life, right?

For example, when COVID struck the nation last year, many real estate investors threw in the towel and hunkered down to wait and see what happened to the market. While they hid and waited, successful investors adapted to the pandemic and found new opportunities. And thrived! Because even in bad times, someone will make money. Why not you?

Again, we understand Mondays can be rough for most of us. But if we start the week with a positive outlook, and maintain an open mind and heart, then anything is possible. Especially when it comes to real estate investing.

If you’re ready to get this week started on a positive note and get your value-add properties moving, our team is always here to set you on a path to success.

Happy Monday! And, as always, happy investing!

Motivational Monday!

Motivational Monday!

Wisdom Wednesday!


Motivational Monday – Opportunity and Work

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Motivational Monday – Numbers Game

Motivational Monday – Knowledge