Friday, May 29, 2009

Loan Modifications – Why? Who Should do them? Can I get one?

Hey Everyone,

This week I talked to A LOT OF PEOPLE who are asking me about loan modifications.

Obviously, the term “Loan Modification” and “Foreclosure” are all over the news in today market.

You really need to closely look at your unique situation to see if a loan modification is for right for you.

Well, here is really how went down in just a few sentences to where we are even talking about loan modifications.

In the last few years GREED hit the financial institutions and well street…bet you never heard that before! Wall Street wanted a higher return on the mortgage backed securities they were buying from banks. The more risky loans, the higher returns wall street would get for their investors.

It was really a “Perfect Storm”. Wall Street wanted more money, banks were willing to offer riskier loan, loan officers and mortgage brokers were qualifying people faster and faster to produce these “higher risk notes” they would sell to Wall Street.

So what started to happen in the market was unprecedented! People were qualifying for loans they could not afford, people with poor credit were getting into loans that started with low monthly payment and started to increase their monthly payments year after year with option ARM loans.

Nobody really seemed to care because everyone thought that since they could easily qualify for a loan, they would just refinance in a few years for a better loan because housing values were increasing so fast year after year. People were buying additional homes and many were pulling out the equity of their homes to pay of debit.

Ok, I am going to say it now and I may offend some people. IF YOU PULL OUT EQUITY FROM YOUR HOME TO PAY OFF BAD DEBIT YOU ARE NOT THINKING ABOUT YOUR FUTURE!

I am not going to go on a long tirade here its just plain stupid what many people did in the last few years. If you have high credit card debit, that means that you are living outside of your means! If you buy a car that is worth more then you make in a year…that is STUPID!!! If you rent your home, have an expensive car, have high credit card debit, have all the nicest clothes and latest gadgets and are BROKE you can NOT manage your own money!

People who cant event manage their own money or finance were suddenly given more money to “pay off debit”. If you pay off your debit you are back at ZERO. Try to figure out how you got there in the first place and start to cut back. What the heck are you going to do for retirement if you cant make ends meet now?!!!

I’m going to blog about this issue of financial literacy later because its such a huge issue in our country.

Now back to the loan modification and the “Perfect Storm”

Well, banks gave people more money then they knew how to manage at interest rates that no one would be able to afford in the next few years.

When people could not afford the higher payments, they stopped paying their mortgage.

No longer would any one on Wall Street would pay for “non-performing” mortgage backed securities. Who would buy stuff that was worth $100 that would later be worth $0.02??? Dumb right?

So banks were creating loans that no one would buy on Wall Street. People were unable to pay their mortgages, thus the banks were no longer getting their money. The greedy Wall Street people who put these previously high performing mortgage backed securities into retirement accounts and mutual funds started to see values drop dramatically.

People started loosing money faster then ever in their stocks that contained these bad mortgage backed securities. Banks started failing because they loaned out money that people were not repaying. Banks would foreclose on homes that lost the value that was loaned on them and could not resell them to even break even!

People would refinance a $300,000 house to pull out equity and when the market turned, the homeowner would get foreclosed on for not being able to make the higher payment amounts, and foreclosure set in. When the bank went to sell these foreclosed the home values could drop dramatically because NO ONE was buying! A financed home for $300,000 in Phoenix, today could be only worth $115,000!!! This is a true story because if happened across the street from me!!!!

Banks were losing money, Wall Street was holing onto worthless securities, mutual funds and retirement plans dramatically started losing values and most of all….us billing paying citizens started to feel the pain of GREED from others!

Now with less money out there, people are cutting back and not spending as much. So we have consumers with little spending money. Businesses start to fail, layoffs start to happen, the media runs with the bad new and it’s a downward spiral for there. GREED on Wall Street took advantage of people who were uneducated about money and now we have the economy we have today!


So I guess we should get back to loan modifications…..as you can see this subject really starts to push my buttons.

Now you have banks who are so afraid to loan money, hardly anyone is qualifying for a loan. I know someone here in Austin worth over $30 million and its hard for HIM to get a loan!?!?!

Banks are working diligently now to get people into loans that they can repay to start rebuilding the values of these non performing securities on Wall Street.

Banks want to work with you. BUT sometimes you have to be behind on your payments for the bank to work with you. They have to see that there is a need to refinance you in a better rate.

To some people, it may be worth to go 30 or 60 days late to get a better rate on your loan. People will argue with me but I could care less. If you CANT PUT FOOD ON YOUR TABLE WHO CARE ABOUT CREDIT!!! Take care of your family and let go of your credit score a little. Get into a position to lower your payments to get food on the table and pay the basic bills. You can fix your credit later.

I know people will be writing me complaining about the above statement however, many people are going broke right now just trying to save their credit. Listen, credit can be repaired over time. You need to do what it takes to keep your family afloat.

Call your bank and see what you can do and what your options are. Like I said you may have to go 30 days late for them to even listen to you.

You don’t have to pay someone to do the loan modification for you. Its not that hard, it just takes time.

If you don’t have the time, fine then pay someone. Just remember that no one currently needed a license to do a loan modification. This means no training, no oversight, no consumer protection from people who will take your money and RUN!

I know this is my longest blog to date. This issue is complicated and as you can see really gets me fired up.

It all comes down to people becoming financially educated and understanding how money, investing, banking and Wall Street all work. If you are not educated, you are taken advantage of just like in this market.

You can not get taken advantage of if you are educated. Don’t trust someone else with your life or your money. Learn what you need to survive financially and get started.

I teach people all of this. This is why I get so fired up.
So enlighten yourself, get educated, get your finances straight and get lets get out of this slump together.

In my next blog I will talk about the HUGE opportunities in this market and how to make a killing while everyone else is running around scared to take any action.

If you do need to sell your house quickly, please visit:

http://www.WeBuyYourHomeFast.info


Until next time!

Sincerely,

Curt Maly
Serial Entrepreneur
www.EndurableInvestments.com
www.MillionaireRealEstateBlueprint.com
www.WeBuyYourHomeFast.info



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Wednesday, May 27, 2009

Its all about creating Systems and Assets that produce you CASH in this market!

Hello Fellow Business Owners, Real Estate Investors and Entrepreneurs!

So a I have been getting a TON of e-mail asking me why am I training people to become success stories?

Basically, I have been laid off, fired, down sized, broke, desperate and looking for answers all while being employed! So I figure that full time employment is NOT for me!

I have been able to generate success from starting my own businesses, online marketing and investing in Real Estate for the long term legacy wealth that I talk about.

It is very HARD work however ANYONE can do it! I want to show people how it is possible.

It really comes down to profitable systems that generate cash to give you the ability to purchase assets that produce you more CASH!!! Don’t you want to know the secrets of making money while you sleep? Well, its not easy however if you do the proper work and set up or get plugged into a profitable system, you start to produce cash to buy other things that make you cash.

You want to look at it like this…..how can you treat your money like an employee? Your boss makes money off of your labor RIGHT? How do you do the same thing with your CASH morning, noon, night and while you sleep.

So how do you find these “systems” to generate cash? It really is simple, it just requires a little work. START A BUSINESS!!! It can be online, it can be out of your home, it can be a brick and mortar location, WHATEVER! Just start a business.

Now if you don’t have a business idea, then you need to look at purchasing a franchise or existing ‘”profitable system” out there. I know that over 50% of American’s THINK about owning their own business however only 11% ever ACT on it!

That is why I am doing what I am doing. I can show you how to start ANY business! I can show you profitable systems online. I can show almost anyone with more then 2 brain cells on HOW to make money to buy assets that make you more money.

If you want to know more, just Google many of my videos. Just search for “Curt Maly”. I am making videos DAILY to help people start their own money making system.

Want to streamline your success? Contact me directly by going to my website: http://www.MillionaireRealEstateBlueprint.com for more information. This site is not only dedicated to real estate and investing, its about setting up a business FIRST to generate CASH for real estate. I can help you start ANY BUSINESS!!

So connect with me socially on the below links, check our my site, my blog, my videos and stay tuned for more tips. If you want to make CASH FAST, you need to contact me directly!

Sincerely,

Curt Maly
Serial Entrepreneur
www.EndurableInvestments.com
www.MillionaireRealEstateBlueprint.com

Connect with me on my Social Networks:

http://www.facebook.com/people/Curt-Maly/1216948320
http://twitter.com/RE_Millionaire
http://www.linkedin.com/in/curtmaly
http://tgblogsite.com/curtmaly/
$100 Fliers to Market ANY BUSINESS: http://www.100dollarleads.com/61.html

Thursday, May 21, 2009

How do you create LEGACY wealth?

Hey Everyone,

Ok so I wanted to talk today about LEGACY wealth creation. What the heck is that you may ask?

Well in my personal opinion, saving for your retirement is selfish! Yep, I said it, SELFISH!

When I am meeting people I always ask….”If you had all the money you wanted, what would you do?”

Here is what people say 99.9999999% of the time:

“I want to travel!”
“I want to spend more time with my kids”
“I want to give back, help others and give money to charity”

Ok, now I think all that is great however, if you are only saving for your retirement and you are only living pay check to pay check like most American’s how in the heck are you going to achieve the things I list above?

Did you know over 90% of American’s will retire with less then $20,000 in savings?

This economy is ruining many people financially and so many people are cashing out their retirement savings and down sizing their housing, living expenses and cutting corners where ever they can.

So if they are doing that now to survive through this economy, when and where will they save money for retirement?

Retirement is like death and taxes, its going to happen! So many people I talk to just tell me, “…well, I know I have to get a part time job in retirement, so its ok…I will make it work some how. “

AAAAHHHH are you serious! You want to spend more time with the family, travel and give back to others but they have NO PLAN on how to do so!

A very close family member of mine recently lost over 40% of his retirement in 18 months! You know what he told me???? He said “…well, what am I going to do know but work harder for a few more years then what I planed, what am I going to do?”

What are you going to do? Are you serious? Think, dude, think! If what are you doing now is NOT working, why the heck would you work harder and longer doing the same thing that just COST you money!

I asked him how his financial advisor is doing these days, since his retirement plan under his supervision, LOST 40%. He told me he did not know. I asked him if he ever asked his financial planer to see what HE invests in, what is HIS personal balance sheet, what does HIS retirement look like.

He told me that he never asked those questions because they are to personal and just rude.

Ok WTF?!?!!? RUDE??? Dude, you lost 40% of your life savings!!!! What do you mean that you will not ask those questions.

I then asked, can you tell me what stocks, bonds, and mutual funds you invest in. He said that he did not know because he does not understand that stuff and his financial guy takes care of all of it. He said he was to “dumb” to figure all the money stuff out, so….

DUMB!!! Yep you are right! If you don’t know how manage your own money, or know how to manage the people who are managing your own money and you lose 40% of your life savings, yep you are DUMB!

Now because of his DUMB mistake, I WILL HAVE TO HELP HIM financially when he retires. Why is this my costly mistake. I am at a loss of words.

Legacy wealth is all about LEARNING how to create wealth, teaching your kids how to create wealth and then giving back to others to teach them about wealth. Its all about how to teach someone to become self sufficient.

Can we not all agree that Social Security, Medicaid and all the other government programs will not be there for us that are retiring in the next 20-30 years? Yep, you better start to figure it out how to create wealth on your own now because NO ONE will be giving you bailout money!

If you want to earn legacy wealth you need to learn first how to manage your own money. From there you will NEED to start a business. If you make over
$200k a year at a job, GOOD FOR YOU! Most people don’t and with inflation growing faster then ever, you need to make as much money as you can now, invest it wisely and then get your money working for you like and employee.

Here are the basic, basic steps to creating legacy wealth:

• Start with your own finances, lean how to budget your money, manage your investments and figure out your personal balance sheet. You need to run your financial life like a business

• Start a business. I don’t care what business but become self-dependant!

• Teach your kids financial literacy, and how to start a business also!

• Invest some of your savings in real estate. Why real estate? Because you BUY stuff with a little of your own money, leverage the banks cash and OTHER people pay your debits down! What else can you buy and have someone else PAY FOR???

I can actually show you how to get this process started in the next 90 days. I can show you how to create legacy wealth in just 5-7 years. It is possible because thousands of other people, including myself are doing it RIGHT NOW!!

So where do you start? Start with me and visit my site at http://www.millionairerealestateblueprint.com/

Lets connect and start working on a plan. Stick with the plan, work hard and turn your entire financial life around in the next 24 months! It takes hard work however, I can show you how to start the process!

Ok, until tomorrow!

Until next time!

Curt Maly
CurtMaly@aol.com
Serial Entrepreneur
www.MillionaireRealEstateBlueprint.com

Wednesday, May 20, 2009

I love being an entrepreneur!

Hello Everyone,

I awoke this morning and man I have to say, I love being an entrepreneur! I was laying in bed thinking, who wants to ask permission to go to the bathroom as a grown adult?

I know that many people argue with me that a job is at least SAFE and a steady income.

AAAAHHHH what do you mean safe? Do you know how many people that I know that work 50 hours + a week and they are living paycheck to paycheck? Most of my friends who get laid off are almost completely broke with in 60 days! Where the heck is the security in that?

I also remember working for a larger company where I worked 12+ hours a day 6 days a week, gave up nights and weekends to only be told, “…well our project went away so we cant give you the raise we promised you…and …then …ah…”

Who in the heck is listening after that? I would love it when employers would say, “just stick with us, work hard and in a few years you are going to see the fruits of your efforts.”

Ok, so I have perfect attendance through the year. Through sickness, missed family events, lots of overtime and working during vacations to only learn that 12 months later we would sit and chat and find out that, “…well we are not having the year I thought that we would have so, keep working hard and the fruits of your labor will….” WTF!?!?!?

I just sacrificed an entire year of my life AGAIN and I am in the same position with the same pay that I was 12 months ago. This plan sounds just as solid as Social Security for retirement!

Wow, I almost broke a sweat thinking of working for someone else! ARGH!!!!

That is why today I want to talk about becoming an entrepreneur. When someone tells you that 90% of business fail in the first year, they are LYING TO YOU! Ask them if they have ever started a business!

You cant get laid off, the harder you work the more you earn, you are total self accountable and YOU are the difference if you get paid, get paid well and can do what ever it is you want to do.

Now being an entrepreneur is not easy. Many times its not fun however it all depends on YOU!

I can tell you that business ownership is much more rewarding then getting paid to kiss a little a$$ to maybe make a few extra dollars the next year. I am done with all that jazz.

I really enjoy showing people how to start their own business. I can show you how to profit from stuff you LIKE to DO! I mean think about it, do what YOU love to do and get paid for it! Wow, nice concepts hugh?

Well I like to be outside, near a lake, interacting with people and I love meeting new people and doing profitable real estate investing transactions. I can do most of this stuff online and from anywhere. Thant’s what I like but what do you like?

What do you want to get paid to do? I can really show you how if you visit my site.

Heck, even if you DON’T know what you want to do, I can help you with that!

So here are the 2 major tips for today….go to my site and lets see how we can collaborate together.

Go to http://www.millionairerealestateblueprint.com/ and follow the links. I can show you how to market ANY business online!

If you have a business that uses fliers to attract customers, you got to check out thus site:
http://www.100dollarleads.com/61.html

This site offers you flyers that look like $100 bills! This is great for a business card intro, fliers to pass out, tradeshows what ever! These fliers stand out so much I have customers who carry them with them for WEEKS and MONTHS because of how unique they are.

Wouldn’t it be nice to have customers pulling out your flier to show their friends because of how unique an idea this is.

My response rate with these fliers are phenomenal! Check out the flier site http://www.100dollarleads.com/61.html and then send me feed back about how they are working.

My direct e-mail is always listed below.

So if you want to get out of the 5X40X40 (5 days a week X 40 hours a week X 40 years) then lets connect NOW. Oh yea, who in the hell works 40 hours a week anymore? That would be part time back in my previous jobs!

Check out my site: http://www.millionairerealestateblueprint.com/ lets connect soon and again, keep posted….there is so much that I am going to release to you in the next 90 days.

Don’t forget that a RECESSION is a terrible thing to waste!

Until next time!

Curt Maly
CurtMaly@aol.com
Serial Entrepreneur
www.MillionaireRealEstateBlueprint.com

Tuesday, May 19, 2009

HOW to start acting like a millionaire!

Hey Everyone,

Here is a great video to show you HOW to start acting like a millionaire! I don’t care if you want to be a business owner or real estate investor, you need to change the way you look at things.

Its critical to understand the Cash Flow quadrant that Robert Kiyosaki designed.

Now Robert is a highly successful business owner, marketer and real estate investors. His net worth is reaching enormous proportions.

He did not get this way over night, he got this way by changing the way that he looks at business and education.

If you have not done so already, you really need to go pick up the book Rich Dad Poor Dad, I am telling you it will change your life. Oh yea, while you are at it, you need to pick up Think and Grow Rich by Napoleon Hill. Yep this book will change your life.

I could go into how important these books are or you can take my work for it and just READ them.

You will learn as you work with more and more millionaire’s that they are quick to make decisions and slow to change their minds. Also, when someone highly successful suggests something to you, FOLLOW THEIR DIRECTION!

It never ceases to amaze me how many people tell me, “Well… I don’t learn that way…That’s not my style…Can you just tell me what its about to save me time from doing that!”

Are you serious!?!?! You want o change but taking the suggestion is NOT YOUR STYLE?!!? Stay broke, get out of the way and let me talk to someone who has a lick of sense.

By the way, when I mean broke, I am really talking about a mindset. Most people are broke in the mind and in the wallet because its easier then doing the hard work it takes to get there. Plus by staying in their current situation they can blame more people and take less self accountability. Its easier to point fingers then it is to change.

Ok, I am not going to get off on a tangent here. I want you all to learn and take ACTION on the opportunity of this market.

So enjoy the video and visit my site for some eBooks and some more FREE stuff and tips!

Now go to: http://www.millionairerealestateblueprint.com/

Learn how I am making a killing in this market. There is so much opportunity, I can show others how to get OUT of the same broke rut I was in 2 years ago.

Could you imagine that in just 2 years, EVERYTHING turned around for me? I can show you how to in the next 12 months from what I have learned. I want to take as many people with me because lets face it, if more people were wealthy we could all have more golf, fishing and boating partners Monday – Friday while everyone else is working!

Trust me, its so much nicer to do things when everyone else is working, its not so crowed and really kind of peaceful!

Ok, get to my site, take MASSIVE ACTION and until next time…keep learning and keep taking MASSIVE ACTION to move your life forward!

Sincerely,

Curt Maly
CurtMaly@aol.com
Serial Entrepreneur
www.EndurableInvestments.com

Create Multiple Small Business to Hedge Against this Economy!!!

Let’s cut to the chase because I want to assist as many people as I possible can in the next 24 months especially in this recession.

I have found a way to create multiple small business to hedge against this economy and I am investing my profits into Real Estate for long term legacy wealth!

Now some people may be thinking, “legacy wealth”?

Well in my opinion planning for YOUR retirement is just plain selfish. When I ask most people what they want to do if money was not an issue, they tell me the following 3 things almost EVERY SINGLE TIME!

1. I want to spend more time with my family
2. I want to travel more
3. I want to give back to people and charities

Now I think that these are all noble intentions however, if you are saving for simple retirement, the statistics show that you will barley be able to support YOURSELF let alone travel, support family or dedicate any time or money to charities.

I have a system that will assist you to obtaining “legacy wealth” in the next 5-7 years if you work this system diligently.

I don’t know about you but working for someone else for 40+ years to barley have enough money to retire on is NOT going to work for me.

I have found and perfected a system that you can create wealth for generations if you start to take action NOW and start showing your family on how to change their thinking dynamic.

I am going to cover how to do this again and again on this blog.

Check out the video and keep plugged into the tools, recourses and people I will deliver to you.

All you have to do is make the concisions choice to take MASSIVE ACTION and work this plan!

Visit my site to learn more http://www.millionairerealestateblueprint.com/

Stay tuned in and hang on, this will be one amazing life changing ride if you are ready for it!

Let’s get started and keep revisiting this Blog for more information!

Sincerely,

Curt Maly
CurtMaly@aol.com
Serial Entrepreneur
www.EndurableInvestments.com

Sunday, May 17, 2009

Real Estate Millionaire Blueprint – Day 1 – Let’s Get Started!

Hello Everyone!


This is the first Blog from the Real Estate Millionaire Blueprint!


You can already follow us at www.RealEstateMillionaireBlueprint.com and www.AustinMillionaireBlueprint.com


You can also follow us on Twitter at RE_Millionaire


Follow me directly on Facebook http://www.facebook.com/home.php#/profile.php?id=1216948320&ref=profile


If you want to be a SUCCESSFUL Real Estate Investor, you will want to follow this Blog. I am connected with some amazingly wealthy, successful people and I am creating the Blog to assist others to become the same.


Just join my RSS feed to keep updated.


I will be adding video trainings to this blog along with extremely profitable information that will assist you in becoming a successful real estate investor.


I will also be adding some highly productive tips on how to start, run and maximize profits for almost ANY business.


So this is just the FIRST entry to a long, long relationship that I want to grow with all of my readers and followers from all over the world.


I can assure you that you will receive highly valuable content for joining this Blog.


I look forward to connecting with all of you!


The content will begin flowing in the next 48 hours, get ready!



Sincerely,


Curt Maly

Serial Entrepreneur

512-773-8538 Office/Cell

www.RealEstateMilliaonireBlueprint.com