THE Senate last night passed on third reading the proposed Real Estate Investment Trust (REIT) that the billвЂ™s main proponent, Sen. This will be my life changing deal after an absolute chaos from my first two deals that I completed. You make money in real estate when you buy not when you sell. They want a way out from their property and they are selling it at 55 percent below market value (with no money down!).whew! We are scheduled to close the deal on September 2009, and if we complete the deal thereafter, it will guarantee us a profit of at least Php1M each (Me & my partner). On the other hand it is the best of times, we got an offer to buy, a smoking red hot deal from two motivated sellers. Some are committing suicide, yes its true. I think the recession work for me but let me tell you, it is the worst of times as we are struggling to keep our job here in UAE. Smart investors right now are taking advantage of low interest rates and incredible deals on real estate as they build the investments that will provide thousands of dollars of CASHFLOW in their pockets every month. The difference between those who find it to be the best of times and those who find it to be the worst of times is simply their knowledge and financial IQ. For well-positioned investors, however, this economy represents the opportunity of a lifetime to snatch up assets at a discount.

Many people are struggling just hoping to get by and not lose their job, house, car and other basics of life. As I look at what is going on in the economy and real estate investing, I think that statement perfectly describes our economic situation right now. Whatever your WHY's might be, we all want to make money don't we?Д¬harles Dickens began a famous novel by saying, It was the best of times, it was the worst of times. just a few months away from now (as promised to myself). Now, giving up a 7am to 6pm day job is now a reality. I dont know what it was but now I realize I want to be my own boss, I want to be my own person. For other they may get thrilled but when he told me that, for some reason, something in me didn't like the idea. I remember when I was in college somebody want to hire me as his employee. I wanted to sack my boss and be my own boss. Maybe some want to become like Donald Trump or Andrew Tan. For some it may be just an additional income, For yet others, they may want to help their parents or their family. For many It could be to retire at early age or to sack or fire their Boss. Your WHY is the reason you want to make money in real estate. I spend two years reading many real estate investing books, real estate development books, listening to CD courses, attend many real estate seminars (including Think Rich Pinoy which I found very helpful and truly Pinoy), finally, It down on me that the only way to succeed in real estate business is to actually get into the real estate business and when I felt that I'm ready, I jumped in. With this attitude I attracts three right deals this first quarter of the year. It is all in the attitude and when you felt the abundance, other person and even the universe would sense this immediately. I discovered the magic (abundance mentality) after playing the game more than 100x and immediately applied it in real life. You felt very rich and you attracts the right deals, lead you to get out of the rat race at a speed. Why is this?Д«eing a Banker with a lots of money in the bank, gives you the feeling of abundance. If you are the Banker and are also playing the game, of course you keep your own money game separate from the money of the Bank, you'll be the first one to get out of the rat race, and you will do it so fast that you'd wish you picked up the bad deals instead. If you have already played this game many times you can relate to this Magic or power is a more accurate way to describe the experiences while playing Cashflow 101. Something devil in the board game Cashflow 101? Devil is probably too harsh a word to describe it.

Cashflow 101 game night