How My Digital Nonfiction Book Hit #1 In Less Than 30 Days… And How Yours Can Too.

Posted on by John Fedro

Welcome back,

First a little on “the book”. As some of you know my real estate investing book was recently added to Amazon’s digital online book store. This investing book does not revolve around the how-to steps or real estate theory. Instead this new book looks at people finding and maintaining happiness while investing in real estate.

Over the past 3 years I have been researching what other active and successful investors “do” to:

Build a thriving real estate business.
Remain happy throughout their days.
Enjoy a closer relationship with their loved ones.

After receiving hundreds of responses, some of them repeating over and over, I decided to research them all (research included in the book) and try them out myself. Over the past 12 months I have been searching my heart, monitoring my happiness levels and my levels of productivity simultaneously. This research has greatly influenced 50 Simple Secrets To Be A Happy Real Estate Investor.

The project has been a labor of love that should be free for everyone to learn and grow from.

It is my personal belief that most real estate investors are too focused on making money and creating a profit. Profit only comes from creating value for our sellers and buyers. The more value we create and the more we help others, the more income we can expect to create for ourselves.

To gain clarity let us first understand that your successful and profitable real estate investing business is going to (and likely already does) require hard work, dedication, persistence, daily action, and education.

With that said it is vital to understand that “a Happy investor is a productive and motivated investor”.

The tips and secrets included in 50 Simple Secrets To Be A Happy Real Estate Investor are only the most powerful and most popular secrets of happiness I have collected. Our real estate investing community is a small family; we should strive to help one another to learn and grow our businesses together. Although we all have separate businesses we are not in this journey alone.

I have made this book free in its digital format. Please:

Enjoy the book.

Share the link with your friends

& Leave a great review on Amazon if the book has helped you. (These reviews help others know this book has been helpful and valuable.)

Click. Download. Read. Implement. Take Action. Be Happy. Get Results.

If you have any additional secrets for happiness as a real estate investor please comment your thoughts and ideas below.

First, I think it is very important to remember that this book was a labor of love for me. At the time I started writing and researching this material I was unhappy and depressed. Although my investing business was very successful I was unhappy with in general. Depression does not run in my family so I was unclear at the root cause. My goal was to understand why and how other happy and successful investors lived and worked.

Next, I thought about the simplest way to present these secrets. I concluded that I would list all 50 secrets, with these secrets I would like to include scientific research backing up the secret and also include a challenge for the reader to take pertaining directly to this secret.

Some of the major steps and milestones I made before publishing this book.

Research the topics and organize my thoughts. This process took me 2+ years to research and write. In theory you could create a book in a weekend if properly researched.
Understand my outcome. I wanted to create an easy to read, very helpful, guide that would challenge it’s readers to achieve more.
Rough draft edited. Used fiverr.com. Paid $40.00 due to book being 13,000 words.
Changes made. This took less than a few hours of time.
Second draft edited.
Title brainstormed created. Title based on Keyword popularity and related number of searches. Found using Google’s keyword-finder tool.
Book front-cover and back-cover outsourced to artists. Fiverr.com used. Went through 5 designs before deciding. Asked friends and local investors their opinions. Decided to use the most popularly voted cover.
Keywords for advertising on Amazon researched and decided. Using Amazon’s search bar. Taught in book below.
Amazon formatting outsourced. Taught step-by-step in the book below.
Book uploaded and book details created.

In the beginning of my journey to write this book I was very unclear at the path ahead of me. I chose to learn from someone who has already been on this journey before me and succeeded. I learned all the steps above (and much more) in the book How To make A Killing On Kindle. I highly recommend this book to you as well if you are unsure about how to proceed forward. This book is well worth the small investment.

Love what you do daily,
John Fedro

What Type Of Real Estate Investor Should I be? (Answer)

Posted on by John Fedro

Welcome back,

Let me first start off answering this reader question by disagreeing with it. The question, “What type of real estate investor should I be?” insinuates that you can and will be investing in only 1 type of property forever.

There are hundreds of ways to make money with real estate. Some of these methods involve a good deal of time while some real estate investing strategies require capital to get started. Likewise, some methods require both time and capital. All of the methods I can think of require education and training.

If you are over 30 years old than it is safe to say you may have changed your career a few times since leaving high school. You may have wanted to be a doctor, then changed to a law degree, then changed to a business education. If you too, are a serial career hopper than please realize that you only had enough insights and experience to change careers once you were exposed to one in detail.

Personal example: I was pursuing my medical degree when I had the overwhelming urge that I did not want to deal with sick people or a boss every day for the rest of my life.

Real estate investing in no different. Only after having a clear picture and path to take in real estate can you decide that this “is” or “is not” the right choice for you.

Personal example: When I got started I was competing against countless other investors in my market looking for traditional house behind on payments or in foreclosure. The high degree of needed capital and the stiff competition drove me to pursue other niches. That is when I fell into mobile home investing; the passive cash-flow, low competition, low barrier of entry, and high ROI fit my goals perfectly.

How to proceed forward when you are unsure how or what properties to invest in for profit?

Step 1. Make a list of all the types of real estate investing niches that you have heard of. Here is a small list you may use; single family homes, raw land, duplexes, triplexes, small apartments, large apartments, REITs, commercial properties, mobile homes tax liens, wholesaling, retailing, lease options, property management, hard money lending, being a Realtor, foreclosures, mortgage assignments, rentals, and many more strategies and niches not listed here.

Step 2. Know your goals. Fast cash, Big pay-days, and/or long-term passive cash flow.

Step 3. Learn more about the methods that interest you the most. Understand a clear path moving forward. Talk to a seasoned investor specializing in your desired niche and gain clarity from them. Ask these knowledgeable and experienced investors to outline a typical path they could describe leading you from your current position [in life] to your first deal in this niche. Gain clarity on the skills needed and steps-of-the-path on each niche that interests you. Tip: If a mentor or local investor cannot tell you the steps needed to get to your next deal look for someone more experienced.

Step 4. Take action with one or two niches at a time. Eliminate the ones you don’t like or that are not producing results in your area. Understand why some methods work for you and why some niches do not work for you. Remember that if anyone else has had success in this field then there is no reason why you cannot either.

Step 5. Continually be looking for motivated sellers or all types of properties. When you find a seller and property you are unfamiliar with I encourage you to partner with someone local and experienced to help the seller and complete the deal.

Step 6. Be aware of the happiness and success you are having. If something is not working don’t take this as fact. Keep trying new things and asking for help until you are happy in a real estate investing niche (or two) you love and are successful with.

To gain an understanding of the steps needed as a mobile home investor seeking cash-flow click here.

Love what you do daily,

John Fedro

Thank you for the ability to help others and watch so many grow their real estate businesses.

Posted on by John Fedro

Welcome back,

Some people may same I am blessed to be in my position, others have told me I am simply lucky. Either way it was a hell of a lot of work.

Over a decade ago I picked up a real estate investing course that changed my life forever. On second thought let me write that the course did not change my life directly but indirectly. This real estate influx of knowledge, just the mere fact that investing in real estate could be accomplished, put me on the path that would completely change my life and make me into a mobile home investor mentor for so many that desire help.

Over the next few years I spent most of my time learning all that I could about real estate investments, tax law, corporate structures and the like. I became a licensed Realtor, registered Notary, Hvac certified, Section 8 compliant, and a licensed Mortgage Broker all in the name of being a real estate information sponge. If you want to do something do it.

During the last 13 years as a real estate investor I have made countless errors and shared in countless victories – one would not be possible without the other. In a very short period of time I had become more active than most around me and was making huge gains in my understanding of this particular sect of real estate investing.

It was in the light of all these real estate “trial and error” mistakes and misses that I offered myself, my assistance, and my time to anyone that needed real estate help with a deal. At first I was only helping people through a Real Estate Investor’s club in my hometown of Tampa Bay. I was happy to help others and see them excited to create profit and value through mobile home investing.

If you are thinking that I was breeding competition for myself you are wrong. Only the motivated investors survive and continue to invest. I was happy to help breed others that possessed drive and light inside them. Many of these investors I have partnered with on multiple occasions. It can be wise to surround yourself with friends that are business like-minded and have ambition.

You are the sum of your 5 closest friends

Fast forward to the present and now I am able to affect the investing lives and businesses of investors that wish to learn how to successfully invest in mobile homes and create income for themselves and their family. I take this as no light responsibility. It is an honor that I intend to continue for as long as ready-to-go investors place their trust with me as a mentor.

Due to the fact that most of who I teach are located throughout the United States I rarely get to meet my member’s face to face unless I am speaking on a national stage or via Skype. Last night I was able to meet 5 of the members I am training. This was humbling and I was honored to be having dinner with some of the most motivated, hard-working, honest, investors I have ever known.

Over the 2 hours we spent at dinner we shared stories, laughs, drinks, and congratulations for each others’ victories. All of us communicate regularly on a private member’s only Facebook group but have never met each other in the flesh before until yesterday. Truly friendships can be built online.

This is a picture the waiter snapped over drinks…

mobile home investor mastermind

This article is to give gratitude for all those that have helped me directly and indirectly to become the man I am today.

If there is something that you want take action and get it. Success is not handed to you, you must take it. When you build your business around helping others; sellers, investors, society, buyers, the general public, and your family, you will have the greatest push of all to be successful for a very long time.

If you have any questions do not hesitate to ask them below or email them to me directly.

Love what you do daily,

John Fedro

Don’t let your expectations lead to your suffering

Posted on by John Fedro

Welcome back,

As real estate investors our businesses often times revolve around the decisions of other people. While purchasing property we often times can find ourselves mentally crossing-our-fingers or saying our prayers in hopes a seller or buyer will make a decision which favors our wallets. These unnecessary and ill placed expectations can often times lead to misunderstood suffering and anxiety in your real estate business.

For the health and well-being of your business and sanity keep in mind that there are some activities and decisions you can control, and others you cannot control. Keep focus on the items within your control and eliminate the expectations of the others from your mind.

**A few tasks and decisions on which you may not want to place high expectation:**

A seller’s decision to accept your purchase offer
A buyer’s decision to buy your property
Your buyer becoming approved by his/her lender for financing
Any underwriting decision
Your handyman’s productivity
The speed of your closing company, bank, lender
Setting an appointment with any specific fsbo before you first call them

A few tasks and decisions on which you may want to place high expectations:

How many offers you make per day/week
How many new fsbos you call per day/week
How much effort you exert on advertising and marketing your business
How much you network with other investors
How much effort you put forth in your business
Which escrow companies or attorneys you work with
Which sellers and buyers you work with

As touched on in the bullets above the only tasks and items you may wish to place high expectations upon are the tasks and items which depend on your direct and complete activity. If you succeed or fail in performing these tasks then the success or failure is solely on your shoulders. When you start including other people, either buyers, sellers, assistants, closing attorneys, outsourcers, contractors, handymen, title agents, etc you have less and less control. This is not a negative or a positive, it simply is something to understand and compensate for.

In short, items and tasks which only involve your physical and mental energy to perform are within your control. Any items or tasks you outsource are outside of your control. Place high expectations on items that you solely control – these expectations with time deadlines are often times called goals.

When real estate is involved tasks often times have the outcome of taking longer and costing more than expected to complete. For this reason it can be sage advice to expect things will take twice as long to complete and three times the amount of capital as expected. Whether you are accounting for holding costs, repair costs, marketing, selling time, or repair time always err on the side of caution and factor in extra time and costs in to your deals.

Be the happiest real estate investor you can be. The less stressed and less you suffer the happier and more likely you will be to consistently put forth effort in your investing business and take daily action.

Love what you do daily,

John Fedro