Mild Case of Anxiety

I just had this wave of anxiety....

I am personalizing the 2015 Annual Strategic Partnership for Matt. We have an appointment today with Chase.

I just returned from WCRCA State meetings.

Here are some things on my plate:

Business - follow up on 3 leads
Send note cards to my WCR friends
Valentine paper gift

WCR - book keeping
WCR - membership - meet with Claudine
WCR - programs - venue and speakers

Usually when I feel this anxiety, I have to write it down and process it in my head.

Reset - 1/15/2015

This past week has been exhausting!

This weekend I was in Irvine for three days. Then on Monday we had out Wcr retreat, then I went to a SVCC meeting. On Tuesday, I gave my first market update of the year at EEVREMG then back to SVCC for a new member luncheon. On Wednesday I had to take Marissa to the Ortho then back to the SVCC for mixer.

This morning was the EBA 7:30am meeting then went for an oil change.

This afternoon I finally had time to catch my breath. Tomorrow will be SCCAOR installation then next week WCR.

Day 2 - Meet the Masters

Day 2

I am hoping to be able to stream the Dallas Cowboys game on my laptop. I logged in for the faster internet so we will see.

Lender Panel
Aaron Chapman
Pattern interrupt

10 conventional -
*Fannie/Freddie stuff - understand guidelines*
*Learn more about investor financing options*

USA only place with 30 year fixed - plus Denmark
-powerful product for an investor

The thought quick payoff -
If you want to accelerate, yes, but stay with a 30 year mortgage

How many can I buy?
-set up trusts vs LLC?

Private lenders...

GFE - good faith estimate
HUD - hard number
when terms change or rates get bought down, etc, numbers will change

Thoughts - investors here own multiple properties in different areas - more sophisticated

Brown paper bag! haha - great! - guideline, duct tape, Jim Bean, razor blade, condom...?! energy drink

Delayed financing

**Self directed Retirement plan - What every real estate investor should know**

Reader's Digest -

Matt Sorensen - IRA - Book - podcast - blog
http://sdirahandbook.com/

IRA - special tax status

IRC 4975
Rules in what you can and cannot invest in....

IRA/LLC - checkbook control IRA

Deal flow-financial friends - experiences

Chicago - Mike Fisher
C class properties preferred - better cash flow

Thoughts: This group is cash flow business minded, appreciation is bonus. Tax advantages, Debt advantages, IRA self directed

Chicago property $105,000 with $1500 rents..? interesting!

Chris and Justin on Land
On reselling -

Doug - Economics

Empowered for all seasons
Ray Daleo - biggest hedge fund

Inflation and growth
Prices shift when either or both are above or below expectations

What is my tax situation? What is my tax strategy? When starting, scalability means nothing....
In the beginning, think about growth and tax efficient.
Build asset base in steps

Kansas City - Plutus Group - Zach
Revitalization of downtown Kansas City
Job opportunities

Randy - Four letter word: DEBT

Not a bad word!

Mortgage in 3 ways
Asset protection -

Meet the Masters - SNA trip

5:11am left home
5:34am curb at SJC

5:45am arrived to my boarding gate!

Jamba Juice

605 line up

8:10am on the move to hotel shuttle with luggage!

8:40 early check in, scoped out market, nicely stocked!

I had a late lunch at the EATS restaurant.

DAY 1 - Meet the Masters

Jason's 10 Commandments

"Garbage Fees" - lender and title and escrow costs

Jan 1, 2015... 20 days

Twenty days until Joseph leaves for college in SF. I feel a small rise anxiety in my heart. I know this experience will be good for him.

I have already woken up some mornings already feeling his absence at home.

I told Marissa, my 3 words for 2015 would be schedule, structure, and systems.