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Book Review : You 2 by Price Pritchett PDF Print E-mail
Sunday, 10 May 2009
 

You 2 (You Squared)

A book I read a couple weeks ago (within 30 minutes) is

You 2 (You Squared): A High- Velocity Formula for Multiplying your Personal Effectiveness in Quantum Leaps by Price Pritchett

for my Weekly Mastermind meeting. This is an easy book to read - only 35 pages. It has 18 very short chapters listed below. After I read it, I was able to have a very explosive workout the next day. I've heard the same of others that have read this book in regards to their personal performance when they're thinking about this book. This book is about taking quantum leaps in everything you do. It describes it as "... the explosive jump that a particulat of matter undergoes in moving from one place to another ... in a figurative sense, taking the quantum leap means taking the risk, going off into uncharted territory with no guide to follow." Being able to make these jumps without apparent effort and covering all your bases. The book talks about applying this scientific finding into our personal performance. It talks about not trying harder or simply doing what you normally do. It says to go with the flow and thinking possibilities are endless. I love that it states that we should remove doubt and stop thinking about the game plan and just act looking at the end in mind. You need to act and not just dream and believe that failure is just part of the process that gives you strength. Use the skills and abilities you already have within you and have a passion for what you're doing. Here's a great statement toward the end of the book.

"Your dreams, your desires, the thoughts that burn the hottest in your mind, they carry the messages that help you find your own 'magnetic north.' They point the way toward the breakthrough to you(2)."

(read more by clicking the blue arrow below)

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The Risks of Holding A Mortgage - Guest Blogger- Jeff Armstrong, Armstrong Capital PDF Print E-mail
Saturday, 18 April 2009
 

 

I have never been an advocate of trying to convince a note holder to sell their mortgage. I have always believed that when a potential note seller really needs the money they will sell you their note if you have given them a fair price and you have built up a rapport with that note seller. I do, however, like to let them know what the potential risks of holding a mortgage are.

When I have given the note seller a price for their mortgage and it seems that they may be interested in my offer I send them what I call a "price letter". In the price letter I include the terms of their note and 1 or 2 different options for them to consider. Additionally, I include a one-page article that I wrote entitled "The Risks of Holding a Mortgage". The following is an exact duplicate of what I include with my price letter. Feel free to use it yourself, modify it, add to it, or take away from it for your own use.

The Risks of Holding A Mortgage by Jeff Armstrong

A real estate note is a promise to pay a debt with the promise secured by a mortgage, trust deed, or other security instrument. Such a note, when properly constructed, can be sold by its holder to raise immediate cash.

Within the last few years, hundreds of thousands of American property owners have financed their own property sales by accepting a trust deed or mortgage (together with a promissory note) as part of the proceeds of a real estate sale. (These are sometimes known as purchase money mortgages.) Unfortunately, many people get into this type of situation and are not aware of the risks involved with holding a mortgage. (read more by clicking on the arrow below)

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