Real Estate makes one rich...

Real Estate is a tool that many have used to become wealthy, but just as many if not more have become impoverished by investing in Real Estate. Hence the need for a high 'Real Estate IQ.' It is not hard to go and buy a piece of property in the United States. The hard part comes in determining the strategy in which you plan on making money doing so.

I have begun reading the book entitled, "The Richest Man In Babylon." The whole premise of the book is a character, who after squandering all the money he has earned, asks the Gods why he is poor. The answer is simple, but elusive to the average man, as he is. That answer lie in his tactics or in other words, strategy. You have to have a plan to not only make money, as he did making chariots, but also creating ways that your money will create new wealth. Literally anyone can go out and create money by the capabilities and talents they possess. The difference is within those who than take that money and spend it frivolously or reinvest in something to create additional sources of cash flow.

Real Estate is by far one of the best ways to do this, but without having the grand 'strategy' we need, you may as well sit on a wall and complain.

Celebrating Labor Day...

I feel fortunate to be busy helping people achieve their real estate goals, but I had not considered how and why Labor day came into being in the United States. Labor day was established in the late 1800's as a holiday to commemorate the workers killed during Union strikes in New England. It has since become the celebratory end of Summer and a day of rest for those who labor diligently at their various positions. It was sad to hear today that the jobless rate has climbed to it's highest since 1983, making Labor day a bit more painful to those without gainful employment.

The good news is that there are plenty of opportunities to be had in America, even in these troubled times. There has not been a better era for someone to grow their own business, whether it be in real estate or any field at all. Their are plenty of opportunities out there for someone to grab hold and get out of the sticky situation they may be in at this time. I hope that all of you have a great Labor day weekend and look forward to helping you in your endeavors any way that I can!

Thanks,

Geoff Dearing
801-232-9500
gwdearing@yahoo.com