Welcome to Backyard Millionaire Radio, where we turn dreams into deeds and ambitions into action! I'm your host, Chris Story, and today's show is packed with the essence of the Backyard Millionaire Creed.
But first, let's shout it out loud together! Promise yourself to invest in yourself, trust your instincts, and never let emotions guide your investments. It's about negotiating with a win/win mindset, identifying market needs, and starting with the end in mind. Remember to live in the present, learning from the past without dwelling too long, and always looking forward.
Now, let's dive into the gold dust floating in the air—breathe it in and release the 'how' for now. One common barrier we all face is the belief that it's too late. But as Napoleon Hill wisely put it, if you have a desire, you have the ability to turn it into reality. Becoming a Backyard Millionaire isn't just about money; it's about the person you become in the process.
Picture this: cash flow, passive income, appreciating assets—sexier than a million dollars in the bank. And guess what? The dollar is losing value every day, but your land is gaining. You haven't missed the market; there's always a new opportunity with your name on it.
Now, let's assemble our news team and go tribal. "You are the average of the five people you spend the most time with," says Jim Rohn. Your investment tribe matters, including brokers, bankers, contractors, and more. It's about building a golden shovel to dig your fortune, not your grave.
Speaking of shovels, let me share a story about the four-home formula. Leverage your money wisely, like the guy who bought one condo in a down market versus his friend who bought five. The cash buyer made a tidy profit, but the leveraged investor, after tenants paid off mortgages, sold for a whopping 1.5 million.
Switching gears, let's talk about real estate marketing. Forget the cheesy pet pics—trust a realtor with experience and ethics. It's not just about catching your eye; it's about building a legacy with someone you can trust.
And now, the Great Rebellion. The fight is on—Blackrock, Statestreet, Vanguard want more renters, not owners. Don't let them win; invest in your community. America is an idea backed by land. If we sell off our backyard, we lose our seat at the table.
Are you feeling optimistic? It's a practice, like yoga or meditation. Someone's opinion of you is none of your business. Embrace the rebellion, hold onto your land, and become a Backyard Millionaire.
But before we wrap up, a quick alert: a new scam in town. Watch out for messages claiming to be long-lost children seeking the truth. Engage cautiously and don't fall for emotional traps.
In our Market Mastery segment, gain a fingertip feel for your market while working on your credit and down payment. Learn to save and earn more, so when you're ready to invest, you're ahead of the game.
And finally, let's improve your memory. Never forget a name again with the IRAN technique: Impression, Repetition, Association, and Never say never. This segment is brought to you by Story Real Estate at I Love Homer Alaska dot com, with nine licensees loving what they do for you since 2002.
Closing with a powerful word—abrogate, meaning to repeal or do away with what doesn't serve you. To thine own self be true.
Thanks for tuning in to Backyard Millionaire Radio. Remember, it's never too late for you to become a Backyard Millionaire. Until next time, breathe in the gold dust and make your dreams a reality. Stay prosperous!
