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All Forum Posts by: Eric Medemar

Eric Medemar has started 34 posts and replied 197 times.

Post: Negotiation Tips for buyers and sellers - REMOVED By User

Eric MedemarPosted
  • Real Estate Coach
  • Grand Rapids, MI
  • Posts 204
  • Votes 187

Ok, sorry about that guys. He just got me thinking. I will get rid of the post.

Post: Negotiation Tips for buyers and sellers - REMOVED By User

Eric MedemarPosted
  • Real Estate Coach
  • Grand Rapids, MI
  • Posts 204
  • Votes 187

post removed

Post: Negotiation Tips for buyers and sellers - REMOVED By User

Eric MedemarPosted
  • Real Estate Coach
  • Grand Rapids, MI
  • Posts 204
  • Votes 187

post removed

Post: Negotiation Tips for buyers and sellers - REMOVED By User

Eric MedemarPosted
  • Real Estate Coach
  • Grand Rapids, MI
  • Posts 204
  • Votes 187

Or look for desperate Landlords/Property Managers who desperately need to get a life LOL, I think that is what I need to focus on, except it looks like I have found one of those already. Thank you Mike, i'm glad you could chime in.

Post: Negotiation Tips for buyers and sellers - REMOVED By User

Eric MedemarPosted
  • Real Estate Coach
  • Grand Rapids, MI
  • Posts 204
  • Votes 187

post removed

Post: Newbies Start Here

Eric MedemarPosted
  • Real Estate Coach
  • Grand Rapids, MI
  • Posts 204
  • Votes 187

You know whats funny is I misread the beginnig paragraph and it says "whole real estate game" I didnt look close enough and thought it said "wholesale real estate game", Thank you for pointing out that I was wrong.

Post: Newbies Start Here

Eric MedemarPosted
  • Real Estate Coach
  • Grand Rapids, MI
  • Posts 204
  • Votes 187

Great post, I would like to add that from my experience, before you even go looking for homes you should have some buyers lined up.

The best deal in the world could fall into your lap. Without any buyers you will be left scrambling.

I know what I say isn't the gospel but I have done alot of deals and without buyers ready ahead of time many of them would have been lost. Without lining up your buyers you could go around making offers all day, then what? You get the home under contract and who do you call?

From my experience good buyers are far more valuable than motivated sellers. Good buyers do 10 deals with you, where a motivated seller does one.

I like the "Be" an investor part of what you had to say. I talk to hundreds of people who talk the talk, but do nothing more than "gettting ready to get ready".

Wholesaling real estate when done properly is a Low risk game. Learn to wholesale properly and there will be nothing stopping you except for yourself.

Post: Zen and the art of real estate investing part 1

Eric MedemarPosted
  • Real Estate Coach
  • Grand Rapids, MI
  • Posts 204
  • Votes 187

Ok, so maybe I am not that smart.

Anyway, I have always found the topic of success a very interesting one.

From my experience we all have a very good chance at being successful, except we get in our own way ALOT.

Most of us live in America, America is the only country on the planet that is followed by the word dream, there is no French dream, chinese dream, just the good old American Dream yet somehow many of us stop dreaming by the time we get to our 20's or many times even ealier.

So why do we many of us fall so short on our potential?

From my experience, our greatest gift, is also our greatest detriment. Humans are the only living creatures that can think about the future. This is a gift in that it allows us to think about what is going to happen when we do something before we do it. The danger is that we often over think, and "what if" ourselves to death. Even worse than death, a vast majority of people simply become couch weights, passing their time here on earth making sure that our couches don't get up and run away.

If you stop for a moment and evaluate why it is that you have such a hard time with life, most people say that their life is stressful. Stress, Have you ever looked out your window and seen a stress? Probably not because stress is something that we create. Regardless of who or what we try to shift the blame to stress can only be caused by one person. Yes, that person is you.

Stress is simply just an outcome from the gift of future thinking. Stress comes when we try to see what is going to happen in the future, and we don't like what we "think" we will see. More often then not things dont end up nearly as badly as what our minds lead us to believe that it will. Simply put stress is nothing more than thought.

Practically every bad thing in our life comes from thought. If you want to feel bad think bad thoughts, if you want to feel good think good thoughts. Yet our schools, our parents, and our employers never teach us about the intracacies of our minds. We all go through life under this illusion of struggle. When in reality most struggle is created by our minds.

People fail to realize the power that their thoughts. Think for a moment about a white collar worker who has a "stressful job". My guess is thier actual job is to show up at work, type something, talk into a phone, and write some stuff. I think you will agree that is what most white collar employees do in a physical sense. The part that everyone seems to struggle with is the inner game. The stress game. "Oh, I make alot of money but my job is very stressful", I have heard it a million times. Ok, why the stress? Well its my boss, its a huge workload, etc, etc. The real reason that anything including real estate investing is stressful is because we think that our future happenings are not going to meet our satisfaction thereby creating this illusion of stress.

Newbie real estate investors could double and even quadruple there rate of success if they could learn to control their minds. The doubt, the worry, the fear, can all be banished if you recognize that ALL of those things are created solely by you, in your mind.

I have alot more to say on the subject, and hope that at least one person finds this helpful.

Eric Medemar

Post: What would your real estate report card say?

Eric MedemarPosted
  • Real Estate Coach
  • Grand Rapids, MI
  • Posts 204
  • Votes 187

I think we can all remember the dreaded feeling of report card days from our childhood. The level of stress you felt typically depended on how well you thought you had done in your classes. Looking back on those moments I realize that the report card was a great way to report our progress toward the specific goal of gaining education. Our grades were many times never a reflection of our interest in a subject, but instead a reflection of the fear that our parents put into us if we did bad.

After the last year of our formal education we no longer recieve paper report cards. Instead we have the report card of life. If you are flunking in a subject life can make you miserable, broke, or at least make you switch subjects to something else of more understanding. The problem with the life type of report card is that we don't have any parents to answer to. We only answer to ourselves. I don't know about you but if I had only had to answer to myself in my early years report cards would have been alot different.

Suspend reality for a moment and picture yourself as the parent of you. Essentially that is what we need to become. What would the parent "you" think of the progress of the "child" you. How would your report card read?
would your real estate grade read something like this:

C+ Comments: Jonny (you) has a great understanding of the subject, but he could be applying himself more.

or maybe

D Comments: Jonny is easily distracted and tends to wander off in class.

or maybe the most common

F Comments: Jonny knows the material, but is having trouble applying it.

I would suggest trying this excercise with all aspects of your life. Finance, Communication, Phys Ed, and Home Economics. After you give yourself the grade. Think of how "you" would feel as the parent of you. Think of how much stress "you" would be under knowing that you had to report to your parents. If you have thoughts of getting to the mailbox before your mom and dad, perhaps you should rethink your way of doing things.

Eric Medemar

Post: My Biggest Fear

Eric MedemarPosted
  • Real Estate Coach
  • Grand Rapids, MI
  • Posts 204
  • Votes 187

I have around 15 properties that I am sitting on and waiting to finish rehab and selling, but I rent them out while I wait.

Economics will tell you if you offer the best product, at the best price, with the best marketing in your area it will surely sell. Find out which one of these areas that you are lacking