arizona estate planning attorney articles and resources for business owners, farmers, ranchers, and executives

Leadership Development...
is the key to 21st. Century Success in business. Harness the power of your peers to help you develop your employees, managers & successors!
D-I-Y Strategic Planning...
allows you to make strategic decisions about your company's direction every time - all with the help of your peers!
You'll Make Better Decisions...
when your ideas are challenged and your assumptions tested, continually and strategically - by a caring group of your peers!
Dealing With The Fear Monster
By Alan Cowgill
Let me ask you a chicken or the egg question...

"What would you do first?
a) find a great real estate deal
or
b) find private money to fund the deal

Do you "Find a deal and then go find the money because it gives you the incentive to make it happen?"

I answered just the opposite because having private money will give you the confidence when you make offers that you are going to be able to close.

I feel confidence is more important.

I don't know if there is one right answer but if you are not doing either one, read on...

If you simply are not ready to go to the next level is it FEAR holding you back?

If so, I've found that education is the key in taming that fear monster and give you the confidence to move ahead.

I remember my 1st deal. My knees were knocking. Fortunately for me I had an experience RE investor walk me through my 1st deal. I also had gotten six months of solid RE education through two home study courses I had purchased, library books on creative real estate and a local REIA seminar.

After that 1st deal the fear monster was gone and I was ready to do it again.

Like I said before, I've done my homework, spent tons of money on education and have had lots of practical experience in the business.

If there are gaps in your RE education, take care of that now while you're busy finding lenders to help take your business to the next level.

You'll be very glad you did.

Let's face it,

Our articles continue...
MPS wins class-action lawsuit
<img src='http://assets.bizjournals.com/milwaukee/news/MPSAdminBuilding540-0-28-454-317*100.jpg?v=1'>The United States Court of Appeals for the Seventh Circuit has ruled in favor of Milwaukee Public Schools in a landmark, long-fought lawsuit over how the district identifies students in need of special education services. The suit, filed in 2001 and often referred to as the ?Jamie S. case,? alleged that a student named Jamie and several other students were denied or delayed entry to special services in MPS. The ruling overturns a lower court?s contention that MPS and the Department of Public Instruction had some ?systemic? violations in how they identified special education students...<div class="feedflare"> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=BaV1KQyIPLc:CLDDU-Mc-ps:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=BaV1KQyIPLc:CLDDU-Mc-ps:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=BaV1KQyIPLc:CLDDU-Mc-ps:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=BaV1KQyIPLc:CLDDU-Mc-ps:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?i=BaV1KQyIPLc:CLDDU-Mc-ps:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_milwaukee?a=BaV1KQyIPLc:CLDDU-Mc-ps:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_milwaukee?d=qj6IDK7rITs" border="0"></img></a> </div>


the reason most investors don't have any private lenders is fear.

It's as basic as that. It's a fear of the unknown. How do I know that? I've been there too.

I was comfortable doing things the way I had always done them. I went to the bank, I jumped through their hoops of proving I was qualified for their loan, they gave me the money, and I paid them back the way they said. It was a familiar routine in my business of buying and selling homes.

However, when I became a full-time investor and wanted tons of quickly accessible cash, the bank's painstakingly slow process was no longer acceptable.

Even when I knew for certain what I wanted, I procrastinated. I was not able to do nearly as many deals as I wanted because I waited so long to take action. The thing is, if there is something you are afraid to do, you can always find a reason to not do it.

Sometimes we won't even admit to ourselves that we are afraid. We just can't get to it because we are too busy, too tired, or focused on other "more important" issues.

But then, that didn't solve the whole problem. I was still too shy to approach people who I knew would benefit from my program.

I remember sitting in my doctor's office and being too uncertain of myself to tell him about my program. I didn't have the nerve to ask for the money. That day, we both lost. I wanted money to run my business and he missed out on earning a tremendous interest rate.

Once I recognized what was holding me back, I became educated in learning how to get what I wanted and how to handle private funds once I got them. That gave me the foundation of knowledge.

I am so grateful today that I got a solid real estate education so I can now confidently let potential private lenders know that I have a great opportunity for both of us!

Alan Cowgill is a national speaker, author and real estate entrepreneur. Alan had bought or sold over 200 investment properties. His step-by-step system "Private Lending Made Easy" teaches Real Estate investors and mortgage brokers how to find private lenders. Contact Alan at 937-390-0816 or 866-831-3540. For a FREE audio CD go to www.FreeRealEstateCoaching.net




Here are some more estate planning articles...

Florida-real-estate-braved-the-waves
By G.-Diaz
Despite the hurricanes in 2004, Florida real estate was on fire. Pre-construction developments, commercial buildings, and home constructions dotted the coast. The lenders have a field day handing out Read more...
Fine Tune Your Commercial Real Estate Crystal Ball
By Tony Seruga, Yolanda Seruga and Yolanda Bishop of Maverick Real Estate Investments, Inc.
Don't you wish you had a crystal ball that showed you what is to come in the future? A simple wave over the crystal ball, the mutter of a magic word, and your entire future is there, revealed in Read more...
Real Estate Tips Of Landlords
By alastair harris
Real Estate TipsMost "guru's" are currently spouting about how good real estate investments can be. I won't seek to reinforce their sales pitch, nor will I argue with it. Real Estate can be a Read more...
Orlando Real Estate Investments: All Properties Are Not Equal
By Chris Robertson
In stark contrast to five years ago, when single-family homes were a sure-fire moneymaker, today's real estate market calls for a savvy investor. Now that single-family homes constitute a buyer's Read more...
arizona estate planning attorney news:





The process of arranging your financial affairs so that your wealth will be distributed according to your wishes after your death and avoid undue taxation.