Welcome! You are reading the blog for Wealth-Steps.com. If this is your first visit make sure you start at our homepage and check out the many articles we have on real estate investing, building wealth, getting out of debt and personal financial planning.

Saturday, December 22, 2012

Choosing to Turn Down a House Flipping Deal

house flipping deal
The floor here is sunk about 6 inches.

I had high hopes that this post was going to be about announcing House #11 but unfortunately this will not be it. However, that is sort of a good thing...

After the sale of House #10 I have been looking for my next investment and sending out offers like crazy!

I had already commented on how much the inventory of foreclosed/bank owned properties had gone down in Atlanta. So a lot of the properties I am finding in my area of interest that would make good candidates are being bought by people willing to pay a lot more than I am.

So...back on Wednesday we finally put a house under contract. This house had gone under contract about four times before. Bank was asking $130,000, I was offering $95,000. 

Wednesday, December 5, 2012

How to Overcome Your Fear of Risk

Several years ago I realized that achieving the wealth and life potential that is beyond what I had at that moment was going to require that I push the boundaries of what I knew, had or was doing. This meant that I would have to face risk and fear to embark on a path that I had never traveled. I learned that overcoming the fear of risk was going to be crucial if I wanted to move forward.
tips to overcome your fear of risk
If you have ever been or currently are in a similar place you need to realize that there will be no change unless you cause things to change.

A new path might look very risky if you are looking at it from the perspective of a stable, predictable and common life.

But when you decide to break from the mold, when you decide to become whatever it is that you want to become that does not match what you currently are, then you will have to overcome the resistance to pursue that life that you want to achieve. This is when overcoming fear comes into play…