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Business quotes – Some of my favourites :)

Yes! Today I felt like bombarding you with good business quotes, so here you go:

business quotes

“COMMITMENT IS DOING THE THING YOU SAID YOU WOULD DO, LONG AFTER THE MOOD YOU SAID IT IN HAS LEFT YOU!” – George Zalucki

“WHEN THEY SAY YOU CAN’T, THEY SHOW YOU THEIR LIMITS, NOT YOURS.” – Kevin Keenoo

“BEING CHALLENGED IN LIFE IS INEVITABLE, BEING DEFEATED IS OPTIONAL -Roger Crawford

“HAPPINESS IS NOT A GOAL… IT’S A BY-PRODUCT OF A LIFE WELL LIVED -Eleanor Roosevelt

“I HAVE NOT FAILED, I’VE JUST FOUND 10,000 WAYS THAT WON’T WORK. -Thomas A. Edison

“ONCE YOU REPLACE NEGATIVE THOUGHTS WITH POSITIVE ONES, YOU’LL START HAVING POSITIVE RESULTS. – Willie Nelson

“A YEAR FROM NOW YOU WILL WISH YOU HAD STARTED TODAY.” – Karen Lamb

“BY CHANGING NOTHING, NOTHING CHANGES.” – Tony Robbins
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“Best of” vids, years as a real estate investor

I started my career as a real estate investor earlier, but..

I have only done these “best of” videos for the last three years. I don’t know why I keep doing my real estate investor videos. Not that many views, not that many comments, but still super fun. I have tried not writing here, not doing videos, etc. But it’s weird not to. Beeing here makes me feel like I have a bit more purpose. I like that. Did you know that I have had this homepage up and running for more than 7 years by now? So.. which of these videos do you like the most? Well, Lars.. I kind of like the first one. and the second one is ok. The third one is growing on me :)

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Tenant contact – How do I do it?

Tenant contact, how do I keep in touch with my renters?

This is a pretty big part of being a property owner. Do it right and everything is fine, get it wrong and it might get super annoying..

tenant contact

I have renters in both Sweden and USA with four different setups for dealing with them. A hired real estate agent as my property manager, tenant as a property manager, I manage a few apartments myself and I have my girlfriend/ partner and her mum to manage one.
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A Real Estate investor on IKEA??

Shoud we shop there? A Real Estate Investor on IKEA?

I guess we should. More so in Europe than in America. IKEA looks to be at least 20% more expensive in the USA. Most of its American competitors provide better value. Mirrors, vanities, faucets, cabinets and countertops are really good value in Europe, but gets too expensive here. That’s why I had to return these things:

real estate investor on IKEA

ikea investor

That said, IKEA is considered more fashionable here. It’s more classy :) If you want to create a more fancy and modern look, IKEA is a great way to do so. That means a real estate investor on IKEA isn’t all bad.

Ikea pillow

Then there is the whole assembly you self thing. It has both pros and cons. It makes transportation a lot easier. It is also very clever and provides you with everything you need to complete the installation. The competitors don’t. I have bought a ton of stuff from places like Home Depot and every time, I have had to run back and forth three to four times before I had everything I needed to finish the project. That is not the case with IKEA. The only major con of having to assemble everything yourself is the time it takes.
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Buy and hold investment

I LOVE a good buy and hold investment!

There has been three returning ingredients to my most successfull deals. Theese three ingredients makes me a lot of money, so I figured I’d tell you about them.

buy and hold investment

BUY:

Number one. Buy a property :) Most of your money will be made here. In short, you want to buy something comparatively cheap. If you manage to secure a deal under the actual market value, you will most likely always have the option of selling with profit at any given time. This strategy will also help you maximize your potential appreciation. I spent a few months creating a massively useful document about how to find and analyze properties to make the best possible purchase right. If you want to read it, CLICK HERE. (in Swedish).

DEVELOP:

A step often overlooked by most investors and the step I like the best. (more…)

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Real Estate Investing Truth

What is Real Estate Investing Truth and what is myths? Here is what I have found out so far:

I know the title “Real Estate Investing Truth” isn’t perfect as I think this post is more about myths, which is the opposite of truth. I have received tons of e-mails with similar questions so I figured I’d try to clear a few things up.

real estate investing truth

First off. You don’t have to be wealthy to start. If you find a good investment with a good return, there will always be money for it. Banks, friends and family, wealthy people in your community, sellers, you name it. Know that it’s EASY to buy a property without putting any money down! If you want to know more: READ MY DOCUMENT ABOUT FINANCING (in swedish)

HouseForRent

Secondly. Listen to everyone, but don’t trust anyone. I know that more than a few of you have been treated pretty poorly by banks, sellers, realtors etc. And it’s what to expect. Someone trying to sell you something will be nice, kind and friendly. But rarely honest. Bankers follow rules and orders from above. No matter how good you think your relationship is specific to any person in the business, know that they might turn against you at any time if their orders change.
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Vacation rental investment

Is a Vacation rental investment any good?

Well. From what I’ve heard they can be very profitable. That’s good. A second perk is the vast range of property management available. Amongst the challenges we find pricing, vacancies and wear.

vacation rental investment

A vacation rental investment will usually have to be in a very good location in order to be attractive amongst tourists. If your rental isn’t in a popular area, finding customers will be hard. Without customers, no money..

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What makes someone successful?

I think I belive that knowledge and the ability to act is what makes someone successful.

But I also know there is more to it. Like skill, timing, self-discipline, luck, etc. Or wisdom. I love the idea of being wise. I think I said it before, but there is a definition of wisdom that state: “the ability to make constantly good decisions”. In doing so, what can go wrong?

So now, back to what makes someone successful. Knowledge can be attained, the ability to act can be solved by motivation, wisdom comes from doing, skills can be learned, timing can be yours through study if historic cycles, self discipline you just have to man up and do it right, but luckily? How do we get lucky? Well. Let me tell you about the path to luck.

what makes someone successful

the path to luck

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