Winning habits of millionaires #1
1. Self-made millionaires are constantly learning, and they never stop growing. They are always looking for ways to improve themselves and their business, whether that means reading books or attending seminars. They don't just take in information from others—they put it into practice!
2. Self-made millionaires listen more than they talk. They don't just sit back and wait for opportunities to come their way; instead, they ask questions and keep an open mind so that when opportunity does come knocking, they're ready to take advantage of it.
3. Self-made millionaires build great teams around themselves because they know it takes a village to achieve success! They seek out people who compliment their skills and abilities so that together they can accomplish more than either one could do alone—and then make sure everyone on the team feels valued and appreciated for their contributions no matter how big or small those might be!
Winning habits of millionaires #2
1. Self-made millionaires dream big—and then they go after it! They don't let anything stand in the way of achieving their goals because they know what's possible if you really believe in yourself and your vision for where you want.
2. Self-made millionaires prioritize their health. They know that if they want to continue to be productive in their careers and make money while they sleep, they need to stay healthy so they can do those things. So when it comes to diet and exercise, they do what it takes—maybe it means having a personal chef or trainer, or maybe it means waking up early every day to go for a run before work. Either way, they don't let anything get in the way of their goals.
Winning habits of millionaires #3
Self-made millionaires make their own luck. Now this doesn't mean that they're lucky people who never experience bad things—it means that they think about how THEY can make their own luck by taking action in certain situations where luck might be needed (like winning the lottery). You might think that buying a lottery ticket would fall under "making your own luck," but what if you bought one and won? Well then you'd have been lucky! But if you didn't win? Then you were just buying a lottery ticket as most people do—with no intention of winning anything at all!
So instead of thinking about how others are making money in the lottery, think about how you will make money. And instead of thinking about how other people are winning, realize that you have a better chance at winning if you focus on playing your own game and not theirs!
Is ibuying doomed?
First Zillow, now OpenDoor? Is iBuying really doomed? Opendoor, the largest iBuying company, is expected to lose roughly $175 million in its next quarter. The changing housing market is putting major pressure on this lucrative business model—a test that could determine whether or not iBuying will have a future at all.
The short sale model, which offers home owners instant cash for their property without the hassle of listing it or commission fees to a real estate agent, is becoming increasingly popular.
The company fixes up a property, then resells it at an increased price point. The idea behind iBuying is intriguing, but there's no way to know whether this business will be profitable or sustainable in the long run.
Offerpad, which isn't experiencing losses like its competitors', may be able to weather this challenging period. However, it definitely faces a bumpy road ahead. Press Tab to write more...
The U.S. housing market continues to grow more bizarre by the day
Covid made house prices soar. Now, the housing market is getting weird: The average 30-year mortgage rate has increased from less than 3% in 2020 to almost 7% now—and many experts are scratching their heads wondering how this happened.
People who took advantage of low mortgage rates and purchased homes at already inflated prices are less likely to sell their houses when interest rates rise, creating a “lock-in” effect among those homeowners.
Home sales have plunged, but mortgage standards have tightened.
Top 3 MOST Profitable DIY Home Projects
Lets talk about the top 3 most profitable DIY home projects. And by profitable, I mean easy savings because money saved is money earned.
First up is cabinet painting using high-quality primer and paint. This one is perfect for people who don't want to spend money on expensive renovations.
Next up is formica countertops, which are super trendy right now and can add value to your home if you're looking to sell it soon.
And third on my list is tile glazing: You can use this technique to transform an ugly old bathroom into something sleek and modern that will impress potential buyers when it comes time to sell your house!
Rich vs Poor
Do you know how the rich and poor donate clothes to the Salvation Army?
It's pretty simple: the rich donate to the Salvation Army, and they get a tax break for it. The poor donate to the Salvation Army and get nothing—no tax break, no donation receipt, not even a free cookie at their local library. It's almost like America keeps 99% of people poor on purpose. It's terrible! Well, when I give away clothes I don't do it for others' validation. I just feel good about myself doing something for others. It's called 'good karma'.
How to go from $1,800 to Millionaire
I'm going to show you how to go from $1,800 to millionaire by investing in real estate.
The key is understanding that investing in real estate is not about buying a house and then putting it on the market. Real estate is about investing in the future value of your home, and making sure that your investment is worth more than what you pay for it.
So how do we do that? Well, there are two ways. The first one is by doing some research on the neighborhood and seeing if there are any new developments coming up or if there are any businesses that are moving into the area. This can help you predict how much prices will rise in the future.
The second way is by finding someone who has already done this before you and ask them questions about their experience—especially if they've been successful with it!
Top 11 Money Saver DIY Home Projects
Today we're talking about the top 10 DIY projects that will save you money.
1. Paint your cabinets instead of replacing them. Painting cabinets can be a great way to save money and update the look of your kitchen without having to replace everything.
2. Place film on top of old butcher block kitchen tops so they'll look like new again for a fraction of the price it would cost to replace them.
3. Refinish bathroom tile and tubs rather than replacing them if they're in good condition. You'll get an updated look without breaking the bank.
4. Scrape off popcorn ceilings to reveal a more modern look that's much easier on the eyes (and easier on your wallet).
5. Replace old baseboards and trim with new ones that have a more upscale look for less cost than purchasing new cabinets or countertops from scratch!
6. Replace door and cabinet handles/knobs with expensive feeling ones so your home feels more luxurious without having to spend thousands doing so!
7. Add mulch to your yard to make it look nice without having to hire someone else for landscaping services
8. Replace electrical outlets/switches and light fixtures with modern-looking ones.
9. Add recessed lighting to make your home brighter and feel more spacious.
10. Paint your own walls! You can do this using stencils, or just freehand it if you're feeling adventurous.
11. Pressure wash your home to make it clean and fresh-looking again!
These are easy DIY projects that will save you money! Just be sure not to overspend on fancy fixtures that look nicer but don't offer any real benefit—investing in quality materials is key here!
How to go from $1,800 to Millionaire [Step by Step].
Today I want to talk about how you can go from $1,800 to millionaire by investing in real estate. And the first thing I want to say is that it's not as hard as you might think.
There are three steps:
1. Start saving money.
2. Find a great investment property within your budget and buy it.
3. Repeat steps 1 and 2 until you're wealthy!
One day, while walking past a bank, I saw an ad for a homebuyer seminar. The speaker said that if you buy real estate, you can build wealth over time. And she was right!
I started looking into it and found out that there are lots of different ways you can invest in real estate--you don't have to be a real estate agent or developer. All you need is the money to buy something (and sometimes even that's not necessary).
The first thing I bought was an apartment building with three units in it. It cost me $200K all-in, but it was worth $600K when we sold it years later because of the appreciation rate over time due to inflation as well as appreciation due to market conditions at that specific time period which caused prices for similar properties nearby (which weren't going up much) to go up faster than average rates.
STEP BY STEP METHOD
So the first thing you have to do is find a property. You can do this by Googling 'apartments for rent,' or 'houses for rent.' Once you find a property, make sure it's in a good neighborhood that has lots of amenities nearby. The next thing you need to know is how much rent you're going to charge. When we were looking at the apartment we own now, we made sure it was at least $1000 per month and had good amenities like a gym and pool.
Once you've found your place, the next step is to hammer out the details with the landlord or seller. At this point, it's important that both sides feel confident about signing on the dotted line—so make sure there aren't any hard feelings! If everything goes well during negotiation, then everything should work out fine!
Now that you know how easy it is to become a millionaire overnight (by investing in real estate), why not try it today?