ForeclosuresMass - ForeclosuresMass Monthly - Welcome - Welcome! New Year's Resolution: To Have a Stupendous 2008! (January 2008)

As some of you know, Sheila and I have been working with a business coach. We're so thrilled with how coaching has positively impacted our business, we're focusing this month's issue on the topic. We've also been working on a killer new program that you do not want to miss -- be sure to read the Quick Tip for details!

Because we work with so many investors - and because we're investors and entrepreneurs ourselves - we know what keeps you from taking that first step to advancing your real estate game-plan. In this issue, our experts give you the low-down on how your own negative beliefs and fears prevent you from achieving success - and why you should hire a coach to help you change your approach, your perspective, and even the car you drive.

Are you still watching late night TV gurus? Are you working longer and harder hours with little or no reward? Do you hear yourself saying, "But I can't do that"? In his article, "Not Going Anywhere Fast? It's Time to Hire a Coach!" ten-year veteran E-Myth consultant and coach, David Hilton, explains how a coach can help you through changing your approach to business (and life in general) and what you need to put into the relationship in order to achieve significant ROI.

Have you been attending real estate investing workshops and boot camps? Do you read books about real estate? Hooray if you do, but if you've yet to make that first deal you need to seriously consider what's stopping you. In her article, "The Top Three Fears that Prevent You From Making that First Deal," real estate trainer and coach Kelle Sparta, Principal of Sparta Success Systems, explains how to overcome fears based on a perceived lack of knowledge, losing money, or not seeing yourself as a "real" investor.

Have you considered coaching but think it's too expensive and has little ROI? In this month's "Nothing Succeeds Like Success" interview, real estate investor and President of East Coast Investment Solutions, Joe Roche, explains how he took his real estate business to the next level - and the next level beyond that -- with coaching. If you want to know how to significantly increase your income potential, without working harder, then you'll want to read this interview!

* Next 37 17 investors only!

In this month's Mortgage Minute, Debbie Siegel talks about what to consider when determining how much loan you can really afford. In addition to the standard expenses, such as taxes and closing costs, you'll also want to consider the unexpected, such as commuting expenses and your own, personal, lifestyle.

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	Legal Corner: Banks are willing to work with investors to find equitable solution Bob Tenney, Cunningham Machanic Bob Tenney, attorney at Cunningham Machanic in Natick, is on the frontline of the foreclosure process. Tenney and his firm review claims by lenders to review properties for foreclosure. If proper conditions are not met, they are also the folks who send out demand letters—the step that begins the foreclosure process for the homeowner. "We send the demand letter and give the homeowner time to reinstate their loans. If that doesn't happen we proceed with the foreclosure," says Tenney...
	Feature Article: Financing of Investment Properties George Riley, Genesis Funding Resources When it comes to the financing of investment properties, there are almost as many methods and combinations of methods as there are deals. In this month's feature article, George Riley lays out several approaches (some of which you may not have heard of), and offers insight into when and why some are better than others...
	Interview With The Expert: Managing "Bad" Credit Marty Eerhart, Senior Loan officer, Assured Mortgage Getting the approval needed for an investment loan is heavily dependent on your credit score. Unfortunately, if you have "bad" credit, it can get in the way of making a purchase. Marty Eerhart talks about what you can (and can not) do to improve your credit score.
	Agent Success: Pulling The Trigger: Do You Have What it Takes? Kevin Norton Getting involved in the foreclosure market can reap great rewards, as long as you take the time you need for study, research and observation. The more you know in any business - especially foreclosures - the more success you'll enjoy...
	Finance Corner: A Good Fit: Real Estate in Your Investment Portfolio Christopher P. Gullotti, MSFP Financial planners hear comments about real estate investments frequently. Does investing in real estate truly offer financial opportunities? Many times yes, but not always for the reasons people think...
	Success Story: One Deal, $90,000... Dominic Kirchner II, Exit Realty Center Full-time realtor and professional investor, Dominic Kirchner II, received his Foreclosures Mass email one Friday afternoon. After reviewing the stats, he quickly downloaded the data and sent out inquiry letters to the people who had received foreclosure notices...
	Success Strategies: Is Real Estate Investing For You? Kelle Sparta Real estate investing is an attractive, potentially lucrative field. But it's not for everybody. Author, trainer and veteran investor Kelle Sparta highlights the six attributes needed for success, on her way to helping you decide if real estate investing is for you...
	Success Strategies: The Top Three Fears That Prevent You From Making that First Deal Kelle Sparta If you've yet to close on your first deal, it could be that something is blocking you. According to author, trainer, and coach Kelle Sparta, people usually have the following fears when it comes to real estate investing: they think they don't have enough information, they're afraid they'll lose money, or they believe they aren't the real estate investing type. Read her article to find out how to conquer these common, yet debilitating, fears!
	Nothing Succeeds Like Success: An interview with investor and realtor, Dana Robinson Dana Robinson In seven years as a real estate investor, Dana Robinson has done everything from buying and rehabbing commercial properties to investing in and flipping multifamily foreclosures. We caught up with Dana recently, to learn more about his "CRE Kit," a simple, but effective, tool for introducing himself and gaining the trust of homeowners and potential partners.
	Feature Article: Not Going Anywhere Fast? It's Time to Hire a Coach! David Hilton If you've played on a sports team, you know the value of coaching: a good coach builds your confidence and helps you become a better athlete. A business coach does the same thing. Veteran E-Myth consultant and coach, David Hilton, explains the coaching process, how it can dramatically improve your business, and most important, how it will help you change your perspective - and change your life.