I follow these guys    | Grant Cardone | Gary Vaynerchuk | Eric Thomas  Stay motivated - Stay focused on your goals - Keep grinding The one reason people in this business will fail the most is your lack of patience, when people go into their own businesspeople think its going to magically happen in five minutes.

There is no magic list.  

This is especially true for listing realtors who promise magical results when you use them or are willing to "buy" the listing.

Direct mail to absentee owners may be a great idea, you just need to understand it is not magic, and will take a min of 6 touches to your list to possibly close a deal.

I have spent some time trying to understand how to determine my true cost of capital but not sure if I am doing it correctly.This is the calculation I am doing, if possible please let me know if this is right or I just made up my own magic formula:Loan for $225,000 @ 3.25% = $10,562.50Paying PMI @ $155.78/month x 12months = $1869.36$10,562.50 + $1869.36 = $12,431.86$12,431.86/$225,000 = 5.525%Also, I appreciate the wisdom in regards to financial ratios, carrying costs, etc etc.

Unless you get the magic bullet, you'll probably go through a few.

There is no magic behind it.

I don't think their is a magic bullet though, I just think you gotta try it all and see which converts the best.

I use black magic marker and hand write all my signs.

There is no magic bullet just it takes time and a good lender that will work with you.