Michael Jake�s; "Tips that I have picked up from my Mentors":

Best Advise on Selling-Anyone that doesn�t believe in the sale will be right every time. You need to be confident and believe in what you are selling. You need to build your confidence by knowing the business. Once you build a good foundation you will be able to improvise, create and improve deals. You always want to know you are going to win. Never wonder if it is going to work out. You have to believe in what you are proposing in a deal, otherwise you will lack confidence and you will not succeed.

This is a lonely business. Few folks will understand what you do. This will stop a lot of conversations where small talk is popular.

True mentors in this business are very few.

On the real estate investing circuit they are likely better at selling the course but lack real life and continuing experience.

Some people feel like they need to ask for the ok, and can�t make their own decisions when on their own. If you have a foundation and understanding of what you do you will always be able to make an educated and sound decision regardless of the situation. It will allow you to make an offer that no one else has because you understand your business better than the average investor.

You need to save your way to wealth�Don�t think any one deal is going to make you rich. That is the lottery player mindset. And you know how many of those stay rich..NONE. You need to keep making the money churn and make money on each deal. One after another after another. This does not mean put it in the bank and save it�remember the bankers make money on your money by investing and give you very little return. Take it and invest it yourself in things that you understand and build your wealth in addition to paying your monthly living expenses.

A house is a commodity. Don�t fall in love with a house. It is just the widget that you make money on and you want to ensure your decisions make you money, not because you like the house.

Always create some kind of spread. That is what you are always looking for.

Set goals- and work towards them. You should not just get out of bed each day and hope for the best. Expect something of yourself. If you have low expectations you will certainly get exactly that�minimal results.

You can �t just buy a house and expect that the price will go up and you will make money. Always be in control and ensure that you make money on the deal. You should be able to describe what is going to happen in the deal and where the spread is. And the more spreads the better.

If you are going to buy these self help books and business books then you better believe them and act on what you learn or don�t waste your money on them at all.

What do you want in life now?�.and how do you want it to end up? If you know what you want know but not later you will get busy and successful at the now and have no idea how to quit or how to enjoy the fruits of your labor. You need short term and long term goals. Your short term goals need to move you towards your long term goals. Figure out how it is all supposed to end up. Not just knowing how the middle works and works�successful people often can�t stop because they have no Plan B, no then what�The hardest part of success is to know how you want it to end up and how much it will cost to do that. Then, how do you make that much money.

Once you have self confidence, foundation, and knowledge in your business you will need discipline to get what you want. This is what will certainly set you apart from the other investors.

What will give you the biggest advantage so that you will reach your goal? Knowing the business and having the foundation to build on. Learn how to do what you do better and better and buying the right information from the right people that have an in depth knowledge whom you can learn and grow from.

Allow yourself to dream a little. Give yourself permission to wander off from the world of reality so that you can imagine and enjoy the benefits of success.

Later is a Killer word! The longer you wait to get where you want the less time you will have to enjoy it! Years go by quickly and once they are gone�they are gone. What did you sell your life for last year---was it worth it? Only you can answer this question. If the answer is no�it was not worth it then you need to change it this year. Adapt and adjust to what is going on around you and what is getting you closer to your goals and what is not.

Associate with people that are not going to let you down. You do get to pick your business associates and your friends. Choose wisely and for long term growth.

Lastly, Don�t let yourself down. Get up each morning and go to bed each night and be able to look in the mirror and like the person you are the business that you conduct.

May your goals in business and life head in the same direction!

Michael Jake,

LocalMentor.com