Review Of Real Estate Investors Tim Mai And Lee Arnold

Real Estate Investor Tim Mai hides his intelligence behind his fun personality. He is very comfortable having fun. It’s obvious that he has a tremendous amount of knowledge about what he does. There is great quality in his experience.

When people are not overly intense it makes learning that much more fun. Tim is able to make his students feel comfortable with him.

Tim Mai teaches wholesaling, short sale investing, foreclosure investing and much more. He guides his students on how to market real estate online.

The mindset lesson on this particular day in February was “Rich People are Decisive, Poor People are Indecisive”.

He talked about the book ‘The Power of Decision’ by Raymond Charles Barker. It may remind you of how limiting our thoughts can be about what riches really are. Tim then stated that a decision is a committed thought so you have to decide to have abundance in your life.

Success minded people like Tim Mai do things out of the good nature of their hearts. They are not fearful of failing because they are motivated to improve the quality of life for their families. They are sure of themselves. Tim states that one thing that will help you in the decision about investing is knowing how to act and when to act.

So he not only teaches real estate investing, but also helps his students learn the emotion behind investing. That’s because the how-to is just a series of actions. But the why is the seed of motivation that causes you to act.

Tim had Lee Arnold as a guest on HHTV. Lee’s company motto and blog is called “I’m The Solution”. He models his life’s philosophy from Zig Ziglar about getting what you want by helping others get what they want. Lee stated that you must be in this to help people and then you will have success.

He was a $3 bag boy and attended college in his off time. He also worked at rent-a-car center on the weekends. He admitted that he too had fallen for the idea that going to college and earning a great job was the key to success before he became an entrepreneur.

Then he read Rich Dad Poor Dad and realized that there was no one in his group of associates that made more than 40k per year. There was no one in his circle of influence that could mentor him to the success he desired. He took off time to attend Russ Whitney’s seminar and wanted the books and tapes but had no money. He had to asked them to hold a post dated check for the books and tapes because he couldn’t really afford it.

The next 7 days were very stressful trying to make that $1600 check good. His family and friends could offer no assistance. Then off to the bank to ask for a signature loan. No deal.

The banker did tell him that he could refinance his truck for $3000. With that he paid for the program and used the rest to buy his first investment property for 35k. He put 15k into his investment on credit, and sold it a few months later for 79k. That’s a 29k profit! A cut above a grocery baggers salary.

Yet Lee realized that he still had no successful mentors around him. So he called to work for Russ Whitney, but they told him that they didn’t hire students just to get rid of him. He would need to acquire experience with ten deals before they would consider working with him. To Lee, closing ten deals was just a formality. He got it done.

Lee called the Russ Whitney team back to ask them for a job again. They had him fly down for an interview. He got the job and ended up spending a great deal of time with Russ Whitney. He sat in many trainings seminars with people who had a successful mindset. Traveling with a team of sharp professionals can have an amazing affect on you.

While he was speaking at a training event he spotted a cute girl in the front row that he had to muster the confidence to talk to. She must have liked him too since she accepted his proposal. Long story short, had he not taken a chance and written that $1600 post dated check, he would not have experienced the life he has today. Lee believes that if you think you can, you can, and if you think you can’t, you cant.

According to Tim, Lee has a burning desire to succeed. That is his overall trait. Lee says that although he has several flat screen TV’s in his home, if you ever stop by you will notice that the TV is rarely on. Television is not his favorite pass-time. He would rather study and learn from articles and blogs.

Growth is extremely important to Lee so he stays active with those who can motivate him to improve his abilities. This assists him in getting over the next hurdle.

Lee is a spiritual minded man so he credits his gifts to God rather than take credit for himself. Playing the piano in church made him nervous, but it pushed him and made him uncomfortable. It caused him to grow as a person.

Then he said something quite intriguing. He stated that in every social setting, he wants to be the poorest, dumbest guy in the room. Then he has something to learn from everyone.

Today, Lee is a consultant on Donald Trump’s team. He is able to teach us how to be successful because he is always around people more successful than he is. He reads the books of people who have done it because they have already laid the ground work.

Tim Mai added that you have to learn how to love discomfort. He quoted that “excellence is only one inch beyond mediocrity.” He brought out statements from the book ‘The 7 Habits Of Highly Effective People’. Namely, if you want to be wealthy you cannot focus on wealth. You must be focused on being well rounded. Spirituality gives him a greater purpose. Lee said that he is happier having spirituality than not having it.

His counsel and parting words of wisdom were to really be careful about who you give time to and who you allow to penetrate your belief system. Devotion to spiritual things was at the top of his list trumping his dedication to wealth creation. He showed a deep interest in the spiritual lives of his family.

Many question themselves as to whether or not they deserve to succeed. Nevertheless, free yourself from individuals who doubt your abilities or commitment. People who say things likeYou can’t do that or “Oh, you’re in another one of those MLM’s?, or Oh, you saw another one of those infomercials? You’re never gonna do anything with that.”

Lee also emphasized that if you find yourself surrounded by people who don’t believe in you, who aren’t encouraging you, it will have a negative affect you.Do not allow negative and criticizing people into your life. Those who are going to benefit you and help you to develop into a successful individual should be the core of your associates. If you surround yourself with naysayers, you will not grow to success in anything.

Maybe you can’t remove people like that from your life completely, but you can be careful with your time. Time is all we’ve got. People like Tim and Lee are very generous with their time, knowledge and expertise. You will really gain a wealth of knowledge and have tremendous respect for their dedication to serve people.

Be sure to get involved in the daily HHTV training shows daily at 8:00am Central.

Manesar Real Estate Market

Manesar is one of the fastest growing townships in India and is a part of Delhi NCR. After Gurgaon, Manesar has caught the eye of Haryana Government and has become the new centre of developments.

Many eminent real estate developers are planning to invest in Gurgaon-Manesar Expressway. Builders like Unitech, Raheja, Vatika, DLF and various others have bought land in Manesar to create townships.

The upcoming projects like Expressway to Jaipur and SEZs are bolstering up the value of property in Manesar. These projects are undertaken by Reliance, DLF, Unitech and Raheja and are helping in boosting the property prices in Manesar already. In fact, according to survey held recently, Manesar ranked among top 3 choices of investors for property investment.

Manesar, from a small village is soon scoring its place among major outsourcing hubs in India. This transformation could happen due to the rising needs of industrial and commercial sectors. IMT (Industrial Model Township) is the main attraction of Manesar for industrial buyers as it now houses more than 500 industrial units.

Upcoming investment plans in Manesar:

Large numbers of corporate leaders like Nippon, Baxter, Stanley, Toyota, Mitsubishi, etc have setup their business units in Manesar.

With already being a home to largest car and motorcycle manufacturers namely Maruti Udyog and Hero Honda, another corporate honcho, Suzuki is also coming up with plans to invest Rs. 2500 crores in Manesar.

Also, Japanese majors and other multinational companies like Samsung Telecommunications will soon establish a unit worth Rs. 850 crores in Manesar to commence the commercial production of their products.

Next in the pipeline are Honda Motorcycles and Scooters India with a plan of pumping in Rs. 300 crores in its plant in Manesar to improve its capacity.

As happens with every developing city that the demand for residential property is upped due to commercialization, the trend is well followed by Manesar too. The professionals employed by the multinationals generated the need for housing and apartment accommodation. The rapid development of both commercial and residential sectors in Manesar has made it extremely popular among property developers as well as property buyers. The boom in real estate market is at its peak and this is what makes of property in Manesar sell like hotcakes.

An industrial and commercial hub:

Manesar is now known as an industrial and commercial hub of the city and has long ago shredded its image of a village. Earlier, no one had ever thought that a small city like Manesar could hold such potential for real estate market. There could be many reasons for this metamorphosis:
When Delhi became congested, leading companies moved to nearby areas around the national capital. It went on to develop Gurgaon property market by carrying their operations there and when again it was exploited enough, they moved further to Manesar. Therefore, hefty investments from various MNCs and setting up of major establishments in the city led to its conversion into New Gurgaon as called by many over the past few years.

Hike in property prices:

The property rates have doubled and even trebled in some areas in Manesar and have jumped from Rs. 20-25 lakhs per acre to Rs. 1.10-1.40 crores per acre. In just few months, commercial property prices have hiked by whole 35-60% and residential property by over 35%.

Infrastructural Developments:

The construction of 135 km long Kundli-Manesar-Palwal (KMP) Expressway has further augmented the property prices in Manesar Property. This would be the longest expressway of India and the most expensive too.

Real Estate projects:

Corporate Tower
It is expected to fulfill business requirements of shops, offices, etc.

Commercial Towns
HSIIDC would develop 12 commercial towns.

Townships
DLF City is planning to develop a huge township while Vatika would undertake construction of plots and villas.

Karma Lakelands
Unitech would bring in Ultra Luxury villas with an 18 Hole Golf course.

Manesar is seen as the next generation IT-ITes destination and is conveniently located. It has become one of the most preferred places to invest money in for both buyers and investors.

Population Spurs Guwahati Real Estate

Guwahati, the capital of Assam is the most important destination of Northeast India. It is surrounded by the Seven Sister States- Nagaland, Aruncahal Pradesh, Meghalaya, Mizoram, Tripura, and Manipur. Guwahati is famous for its rich coal reserves, natural gas, oil industry and tea plantations. Being the largest city of Assam, it is the industrial, educational and commercial hub of the state.

Guwahati is located on the bank of the Brahmaputra River and is heralded as a corridor to the entrance of northeastern states of India. It is one of the most rapidly developing cities today as large scale investments in real estate in Guwahati and nearby areas are being made. The primary reason for such growth is the ever-growing population of the city. This considerable increase in population happened because:
Guwahati is the economic centre of the state and so, the most preferred destination for migrants in Assam.
The fast paced development of industrial sector attracted more number of professionals to the city. These employees then generate accommodation needs leading to rise in demand for residential property.
Guwahati is home to some very prominent educational institutions of the country like IIT and other world class colleges. Students from everywhere throng the city while resulting in higher demand for housing spaces.

Knight Frank, a leading global property consultant observes that the immense rise in population has in a way proved beneficial for Guwahati property market. Large numbers of residential units comprising individual houses, apartment buildings, etc. are developing fast in the city. High street retailing is also flourishing with various departmental stores, supermarkets and large format stand-alone stores being established. Organized retail has also been growing with apparel stores and food and beverage chains setting up their flagship stores in the city.

Though Guwahati hasnt seen an IT wave as prevalent in other cities but FMCG, insurance and financial companies have been taking interest in bringing their operations to the city. Many more are scouting for vacant land in the city to settle their presence in the city as central locations have almost reached saturation levels. The peripheral areas of the place are on the path of becoming new hotspots for real estate development. Due to such large-scale growth, hike in rates of property in Guwahati have been recorded from past few years.

The noteworthy developments among the residential projects that have shaped in the city in the residential sector include the following:
Guwahati Metropolitan Development Authority (GMDA) has come up with a Games Village at Sarusajai consisting of 700 residential units.
Another project by Brahmaputra Constructions comprising 150 apartments on RG Baruah Road is another important project.
Various infrastructure development projects are under progress to develop this upcoming region of Assam. The Games Village Township would further generate commercial developments in the area. Some national level retail corporations and international brands are also expected to enter the Guwahati real estate market soon. Moreover, local property developers are building up many residential and commercial projects like Riscon Villas, Southern Retreat, Protech Park, Agrim Residency, Uttarayan Greens, Zenith Heights, The legacy, Royal Circle and many others. In addition to these, Divine Plaza in Ganeshguri, Vishal Megamart at Paltan Bazar, Shopping centre called Hub at Bhangagarh, multiplex named Dona Planet, etc. will open shortly.

Guwahati witness huge migration from around the country, especially from north eastern states. These developments are instrumental in accommodating this population and in supporting the economic growth of the city. Property in Guwahati is all set for a higher boom and comes across as an ideal time for investments in property.

Southern Utah Real Estate Market Conditions

With just 60 days to go before the 2014 Real Estate market hits -Reset- and dives into 2015, the October St. George Utah real estate market conditions and statistics continue to look positive.

In drilling down on the current inventory, it’s hard not to notice the the greater St. George Utah area – primarily in the cities of Ivins, Santa Clara, Hurricane, Washington, St. George, Brookdale, and Pine Valley – currently has an inventory of 3,978 active real estate listings. Of those listing, only 196 are listed as condo/townhomes for sale; with 275 townhomes sold thus far this year on the Washington County Board of realtors MLS.

Active Vs. Sold Listings

The Southern Utah real estate market has no doubt survived some rather dramatic vacillation over the past 48 months. During the ordinarily quiet month of September, Realtors in St. George Utah sold 280 real estate listings via the MLS, representative of significant deterioration over 2013s 301 sold properties for the same month. Exploding onto the MLS during September 2014, a total of 2005 Active Listings were listed for sale in the hopes of finding a new owner, representing a significant jump from last year’s Active Listings of 1691 during the month September.

Cumulative Days On Market (CDOM)

With the 2015 holiday rapidly approaching, it’s beneficial for southern Utah’s would-be home sellers to understand that traditionally, while the holiday season is fun for the family- It ultimately means increased -Cumulative Days on Market.- Example: when comparing the average CDOM for a listing in September, a properly listed property lasted on the southern Utah MLS for roughly 78 days. Conversely, that same listing, with the same Realtor – and at the same list price could expect to spend an additional 20 days on the WCBR MLS if listed in during December – a not so welcome Christmas gift.

Southern Utah’s Popular Price Range

The bread-and-butter of the “Palm Springs” of Utah’s (i.e. St. George) real estate inventory, homes under $300,000 remains popular. As the remnants of St. George’s housing inventory gets picked over by the newest -snowbirds- in town, those with access to the WCBR MLS can easily tell that one of the more desirable list price ranges remains those properties under $300,000. When examining some of the available data sets for the past 30 days of MLS activity, we see those properties listed under $200,000 enjoyed a greater proportion of buyers competing for their property – perpetuating a long and healthy trend in southern Utah.

Generally speaking, St. George’s homebuyers feel most comfortable in this price range. For their $200K, today’s buyers are looking for that perfect home; comprising approximately 1800 sq. ft., with a flexible floor plan. Additionally, today’s buyers want a home that backs up to green space – think an open park-like space in many of the newer communities. Upon close review of the single-family residential sales for southern Utah, we see the housing sector standing firm and holding its own.

Currently, the southern Utah MLS absorption rate is increasing incrementally; the cumulative days on market for a properly priced single-family residential list have declined dramatically. Representing a 2.91% increase in the median priced home sold in greater St. George area, our median price sales jumped from $232,000 in 2013 to $249,000 in 2014 – not a bad increase. Learn More At: Southern Utah Real Estate Market Condition

New Government Initiatives To Boost Real Estate Sector In India

At the Government level many new policy initiatives have been taken recently to boost the real estate Property in India . These policy decisions will lend a stimulus and impetus to the industry. It is beyond doubt that the new initiatives will unlock the potential of the sector. Also, along with the stimulus package announced by the Government, the Reserve Bank of India (RBI) has taken a definitive step whereby banks are allowed to devise new schemes beneficial to the property sector.

As part of the Government initiatives to boost real estate boom sector India, RBI has declared concessional schemes for the real estate sector. Such initiatives include:
Urban Land (Ceiling and Regulation) Act, 1976 (ULCRA) repealed by increasingly larger number of states.
In case of integrated townships, the minimum area to be developed has been brought down to 25 acres from 100 acres.
51 per cent FDI allowed in single-brand retail outlets and 100 per cent in cash-and-carry through the automatic route.
Full repatriation of original investment after three years.
Minimum capital investment for wholly-owned subsidiaries and joint ventures stands at US$ 10 million and US$ 5 million, respectively.
100 per cent FDI allowed in realty projects through the automatic route.

Further, in its endeavour to initiate new policies to boost the real estate sector in India, the Ministry of Commerce and Industry, Government of India, has taken steps to reduce the time taken to develop special economic zones (SEZs) by simplifying the procedures to get the tax-tree industrial enclaves notified. Now developers can easily get their land classified as an SEZ at the outset itself by producing title deeds to prove their ownership. Again, the Government has announced several concessions in the Budget 2008-2009.

New Government initiatives to boost sector of Real Estate India include granting a tax holiday on profits from initiates in the financial year 2007-2008. In order to enjoy this benefit, the housing projects should be of the affordable housing unit type of 1000 to 1500 square feet. Another condition is that such projects should be completed by March 1, 2012. Further, the Finance Ministry has allocated US$ 207 million to grant 1% interest subsidy on home loans up to US$ 20, 691. In order to avail this benefit, the cost of the home should not be above US$41, 382. It is believed that these initiatives will be add further impetus to the real estate sector in the country.