Author Archives: steve

Why I Recommend Real Estate Investing and Network Marketing To Those Who Want To Be Entrepreneurs

The Business of the 21st Century 300x204 Why I Recommend Real Estate Investing and Network Marketing To Those Who Want To Be EntrepreneursIn a one hour movie recently released by Eric Worre, he interviewed some very well know experts. Harry Dent talked about the true level of the debt owed by the US and the number is staggering and scary. Robert Kyosaki showed the dramatic negative trends in food stamps, college graduate incomes and student loans. Most of these statistics I was aware of except for student debt which is now over $1 trillion and if you declare bankruptcy you still own student loans. So people are going into more debt to get more education. What is the result, lower paychecks than in the past.

Don’t misread this. My daughter is a doctor. She would not be a doctor without the education and the support of the student loan program. Our society needs medical professionals, scientists, teachers and other professionals who need to be qualified by our university and special education systems. However, the vast majority of people entering higher education are not seeing the likely outcome clearly and will be well served by taking a look at the economic reality of our world today.

All interviewed by Eric in this movie were in support of the message that it is harder and harder for many people to feel confident about earning a living at a level where they are not worried about their bills. The days of being able to count on a 40 hour a week job that provides an acceptable level of income for a lot of people are long gone. Technology is advancing at a rapid pace and often makes a well established business or industry obsolete. Look at what happened to the majority of book stores in the last decade. Look at the market share shift in the last decade because of companies like Apple, Google and others. Do the research on the amazing number of companies that were once very commonly known in America are out of business.

With those trends which are not very bright, people still need a place to live people need products and services. That leads me to the two industries that get my vote for where more people should be paying attention. Those are real estate investing and network marketing. Network marketing is often referred to as direct sales or multi-level marketing.

The reasons I like both of these industries the best for people thinking about being in business for themselves are:

1. Very little money is required to learn the businesses
2. There is plenty of evidence of people making good money in those industries
3. The training is outstanding and most of it is relatively low cost or free.

Let’s look at training for example. If you select the right network marketing company and sponsor, the training is amazing. In real estate it is true you do not need your own money or credit for deals. However, because of the dollar size of the transactions you are well served by being mentored by one or more people who will help you and JV with you as you get started.

Cost of entry: In real estate you can get started for about $1,000. It is better if you have $5,000 to $10,000 because there are some programs that cost money that will really help you get to a faster start. However with about $1,000 for gas and a few other supplies you can get started. I know of people who make $3-$5000 checks in their first month. Is that typical – I would say yes for the people following the directions and devoting more than 20 hours a week to the business. In Network Marketing you can get started with most companies for $250-$500. If you work hard you can begin to make money your first month. I have met people who make over $20,000 in their first three months. I don’t think that is typical.

What is the one skill you must have as an entrepreneur? In my view it is the skill of being able to get past rejection. There is one sure fire way getting past being rejected – set really high goals and be relentless on following them with the guide of a very experienced mentor and team.

Now you have my vote and why. What is yours and why. I welcome your comments.

Questions ? Call me 727-587-7871

Trump1 300x224 Why I Recommend Real Estate Investing and Network Marketing To Those Who Want To Be Entrepreneurs

Steve Pohlit International Business Turnaround and Real Estate Investment Coach, Real Estate Investor, Business Builder MLM

WANTED: Private Equity for Real Estate Investments

Strategic Real Estate Equity Partners WANTED: Private Equity for Real Estate Investments

To Be Clear – Private Equity Funding Partner for Real Estate Wanted.

Distressed single family homes, distressed multi-family homes, buy fix and flips, buy and hold. 

Amount: Equity is normally 20-30% of the total amount funded. While we have approximately $5 million of deals in our pipeline, this could easily be much higher with the right private equity partner deal participation. 

Return: Most deals have a projected annualized ROI  of 40% or higher. Single family buy fix and flips are much higher. 

About: Very experienced real estate investor with an rapidly expanding network of great deals and team members to manage the process.

Contact: Steve Pohlit Email Ph 727-587-7871

A Real Estate  Equity Deal Partner Is Strategic For Our Business

The real estate investing  industry is vibrant and offers many  rewards for adding value.  We are very interested in attracting one source of equity funds for our real estate business.  Our business model is primarily investing in the niche of distressed real estate properties both residential and commercial multi-family. There are exceptions.  We are most interested in a real estate  equity deal partner that contributes to our profitable growth and helps us lower the transaction costs. Since we only recommend deals where we are confident with the profit, a positive deal doing mindset is important.

In a previous article I wrote that nearly every business has one barrier to massive profitable growth. (Click Here for the complete article.) For my firm it is equity funding for our real estate deals.  Working with our continually expanding network, we find really good deals in markets where we have teams that are skilled in managing the day to day requirements of a renovation and then our exit strategy.

Real Estate Investment Deal Structure

Most real estate transactions are a combination of debt and equity. When buying, renovating then reselling distressed properties, debt is short term or often referred to as bridge financing or hard money loans.  The cost of this debt is higher than more traditional bank financing.  Regardless of the source of debt financing, some level of equity is needed. The percentage varies by lender requirement.

Generally we are successful having lenders fund 75-85% of the total cost of the deal including the cost of debt interestingly enough.  For example one deal we are working on has all in costs including cost of money of $4 million. The lender will fund $3.0 million which leaves us to bring $1.0 million of equity.  For his deal we are projecting the equity partner will receive a 46% annualized rate of return on their money.  This percentage is often higher on smaller deals because the time line from start to finish is shorter. For example it is common for us to project annualized returns for equity funding partners greater than 80% for a single family fix and flip.

Our Deal Focus

We like deals where we are adding value to the property which in turns adds value for the final buyer or tenant. When we do this we improve the neighborhood and the community. We have an increased focus on using more alternative power in our projects and “green technology”.

Equity Deal Funding Resource Targeted 

The volume and size of deals we are finding are growing.  Accordingly we are interested in a source of equity that will support our growth.  This means having access to at least $10 million liquid for an equity participation on a deal by deal basis over then next 4-6 months is strategic for us.

If this catches your attention I would love to talk with you

Trump WANTED: Private Equity for Real Estate Investments

Steve Pohlit, Business and Real Estate Coach, Consultant, Real Estate Investor. Published Author, Professional Speaker

Steve Pohlit, Managing Partner
727-587-7871
Email 

 

The Value For A Strategic Equity Real Estate Deal Partner

Strategic Real Estate Equity Partners The Value For A Strategic Equity Real Estate Deal PartnerA Real Estate  Equity Deal Partner Is Strategic For Our Business

The real estate investing  industry is vibrant and offers many  rewards for adding value.  We are very interested in attracting one source of equity funds for our real estate business.  Our business model is primarily investing in the niche of distressed real estate properties both residential and commercial multi-family. There are exceptions.  We are most interested in a real estate  equity deal partner that contributes to our profitable growth and helps us lower the transaction costs. Since we only recommend deals where we are confident with the profit, a positive deal doing mindset is important.

In a previous article I wrote that nearly every business has one barrier to massive profitable growth. (Click Here for the complete article.) For my firm it is equity funding for our real estate deals.  Working with our continually expanding network, we find really good deals in markets where we have teams that are skilled in managing the day to day requirements of a renovation and then our exit strategy.

Real Estate Investment Deal Structure

Most real estate transactions are a combination of debt and equity. When buying, renovating then reselling distressed properties, debt is short term or often referred to as bridge financing or hard money loans.  The cost of this debt is higher than more traditional bank financing.  Regardless of the source of debt financing, some level of equity is needed. The percentage varies by lender requirement.

Generally we are successful having lenders fund 75-85% of the total cost of the deal including the cost of debt interestingly enough.  For example one deal we are working on has all in costs including cost of money of $4 million. The lender will fund $3.0 million which leaves us to bring $1.0 million of equity.  For his deal we are projecting the equity partner will receive a 46% annualized rate of return on their money.  This percentage is often higher on smaller deals because the time line from start to finish is shorter. For example it is common for us to project annualized returns for equity funding partners greater than 80% for a single family fix and flip.

Our Deal Focus

We like deals where we are adding value to the property which in turns adds value for the final buyer or tenant. When we do this we improve the neighborhood and the community. We have an increased focus on using more alternative power in our projects and “green technology”.

Equity Deal Funding Resource Targeted 

The volume and size of deals we are finding are growing.  Accordingly we are interested in a source of equity that will support our growth.  This means having access to at least $10 million liquid for an equity participation on a deal by deal basis over then next 4-6 months is strategic for us.

If this catches your attention I would love to talk with you

Trump The Value For A Strategic Equity Real Estate Deal Partner

Steve Pohlit, Business and Real Estate Coach, Consultant, Real Estate Investor. Published Author, Professional Speaker

Steve Pohlit, Managing Partner
727-587-7871
Email 

 

Almost Always There Is Just One Barrier To Massive Positive Breakthrough In Your Business

Barrier Almost Always There Is Just One Barrier To Massive Positive Breakthrough In Your BusinessWhat is your barrier?

  • Sales
  • Capital
  • Team
  • Systems
  • Experience
  • Knowledge

The answer will depend on what stage your business is at.  In the real estate investing business, I have devoted a substantial amount of time to understanding the components of a successful transaction. I coach and implement the principles of networking in person and on line.

Early on my barrier was understanding and then finding good deals.  Then my barrier was matching up actual performance with projections and figuring out why there were some major variances.  Now that I have been through that learning curve, the number one barrier to explosive profitable growth is equity deal partners.

Once clearly defined, my focus goes to work on breaking through that barrier.  This is a very important point I am sharing: you must define what is most important today for achieving massive profitable growth. Otherwise you won’t focus on it and if you don’t focus on it you will not solve it.

How am I breaking through this barrier?

1. Acknowledgement – writing about the barrier is part of acknowledgement

2. Confront – this is an issue so what is my plan of action including a clear definition of what an equity deal partner means

3. Define and Implement An Action Plan – in summary, step up the communication of my goal,  in person and wherever I am visible including on line.

4. Be Clear As To The Benefits for An Equity Deal Partner – that is part of my communication strategy

With that let me begin with this: We (my team) are looking to work with a strategic equity deal partner.  The partner should have direct access and decision making authority over $10 million minimum. This partner can expect to participate in real estate deals where the annual rate of return on their investment is projected to be  40% or higher. In most cases the return will be much higher.

An equity deal  partner participates in most deals with a lender. Lenders are always first secured. However, our equity deal partner will only be presented deals where there is a substantial profit opportunity which means their equity will be well secured by the underlying asset.

That is part of my message. You can see where I am headed with this.

The Fastest Way To Move Forward Is By Working With A Mentor Who Has The Experience Breaking Through Barriers

I have several mentors and I assure you they are very important in my life. Am I the right coach for you?  I would not know until we explore that idea.

Results Guaranteed 300x227 Almost Always There Is Just One Barrier To Massive Positive Breakthrough In Your BusinessSpecial Offer: 1 complimentary coaching call plus one call a week for 6 weeks -7 calls total. I have priced this to be affordable for nearly everyone and if money is your issue I am open to a JV. Start now and in one month or less you will see results guaranteed!

 

Call me now 727-587-7871Trump Almost Always There Is Just One Barrier To Massive Positive Breakthrough In Your BusinessSteve Pohlit 727-587-7871#businesscoach #profits #business consulting #realestatecoach

My Number One Suggestion For A Business Start-Up – Bonus: There Are Two

Business Start Up Advice 300x171 My Number One Suggestion For  A Business Start Up   Bonus: There Are Two Many people who decide to start up a business spend a lot of time preparing to be in business. My advice for any company starting out other than an on-line product sales business is to have a simple webpage for credibility – saying who you are, what you are offering and how people can contact you. Then focus 100% on marketing anyway you can to those people most likely to benefit from your offer. Pay particular attention to those who connect with your target customer.

Nearly all your efforts should be on marketing. I have two primary lines of business One is consulting and I would love to have 5 clients right now who have more established companies with say 20 employees or more. I am currently offering JV opportunities to marketing firms. Marketing firms don’t like JV’s because they want paid up front. That is like me wanting paid up front for consulting before the project even starts.

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I a previous article I presented my expanded success formula. In a nutshell we are well served by setting much bigger goals and taking massive action to achieve them. Click Here for that article that also includes my five steps to success formula.

Results Guaranteed 300x227 My Number One Suggestion For  A Business Start Up   Bonus: There Are Two Special Offer: 1 complimentary coaching call plus one call a week for 6 weeks -7 calls total. I have priced this to be affordable for nearly everyone and if money is your issue I am open to a JV. Start now and in one month or less you will see results guaranteed!

Call me now 727-587-7871
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The other line of business is the strategic expansion of my real estate investment business. This is a perfect example of my next recommendation to start ups: connect with people who know what you don’t know or can help you with tasks that are not a good use of your time. If you are not marketing you are not using your time in an optimal fashion. For example I have developed a procedure for marketing properties that we have in contract. That is very detailed. How do I know? Well I had to know how to do it so I can train an apprentice who wants to learn. I am also marketing for equity JV deal partners. Again once I have the foundation for marketing I can work with an apprentice to help me.

In summary I have identified the key success factors in achieving my business growth goals and what I think are the primary marketing action steps needed to achieve them. Now following the advice from several mentors, I am taking even more action. Those who are successful take massive directed action.

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I a previous article I presented my expanded success formula. In a nutshell we are well served by setting much bigger goals and taking massive action to achieve them. Click Here for that article that also includes my five steps to success formula.

Results Guaranteed 300x227 My Number One Suggestion For  A Business Start Up   Bonus: There Are Two Special Offer: 1 complimentary coaching call plus one call a week for 6 weeks -7 calls total. I have priced this to be affordable for nearly everyone and if money is your issue I am open to a JV. Start now and in one month or less you will see results guaranteed!

Call me now 727-587-7871

 

 

I Am A Victim Thinking Will Not Bring The Desired Results

Success Mastery I Am A Victim Thinking Will Not Bring The Desired Results

Expanded Success Formula

If you believe there are shortages of opportunities and wealth, then that is what you are going to experience. Do you think Google or Facebook thinks there are limits on building wealth? What about Apple and the turnaround story of Starbucks? Have you looked at what Koty Batemen has done with Send Out Cards? The people behind these success stories were not born into those successes.

I don’t know about you but nearly every week I see some story about people criticizing the Top 1%, promoting much higher minimum wage is the answer or how government should be doing more. All of that is the thinking of victims. There is nothing stopping nearly any of us from experiencing all of what we want.

I a previous article I presented my expanded success formula. In a nutshell we are well served by setting much bigger goals and taking massive action to achieve them. Click Here for that article that also includes my five steps to success formula.

Results Guaranteed 300x227 I Am A Victim Thinking Will Not Bring The Desired ResultsSpecial Offer: 1 complimentary coaching call plus one call a week for 6 weeks -7 calls total. I have priced this to be affordable for nearly everyone and if money is your issue I am open to a JV. Start now and in one month or less you will see results guaranteed!

Call me now 727-587-7871

It does not matter if you have studied the Law of Attraction, believe in it or not. Look at your own life and evaluate what you have experienced. Look at those times you were “on your game” and not. How did you feel? Now take those experiences and decide do you want to create success in your life once and for all or not. That is what I am doing and a growing number of people I am connected with. Call me and let’s discuss how we might be able to help each other.

Call me now

Trump I Am A Victim Thinking Will Not Bring The Desired Results

Steve Pohlit 727-587-7871

#businesscoach #profits #business consulting #realestatecoach #success #lawofattraction #victim

 

 

My Formula For Success Has Expanded

Success Mastery My Formula For Success Has ExpandedIn my last article I detailed 5 Actions That Will Improve Your Business and Your Life Starting Now. That article is posted below for your convenience.  This past weekend I studied Grant Carbone’s book 10x

Grant expanded my thinking and added fuel to the tank so to speak.  One example will illustrate: Let’s say you have a goal to make $8,000 per month. You take action but fall short by 50%.  So your results are $4,000.

What if you had set your goal at $80,000 and fell short by 50%? I think you see the point.  The related message is with a 10x goal you would be more focused and aggressive with your actions.  Of course there is a lot more to it and I am really happy my coach gave me the assignment to read this book and do all the exercises.

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Results Guaranteed 300x227 My Formula For Success Has ExpandedSpecial Offer: 1 complimentary coaching call plus one call a week for 6 weeks -7 calls total. I have priced this to be affordable for nearly everyone and if money is your issue I am open to a JV. Start now and in one month or less you will see results guaranteed!

Call me now 727-587-7871

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Here is a refresher on the 5 Actions I mentioned:

5 Actions That Will Improve Your Business and Your Life Today 

Step 1 Clearly define the outcome in measurable terms.

Step 2 Develop a plan of action to achieve the outcome

Step 3 Define milestones for achievement. Often in business those are quarterly and monthly. Quarterly and monthly milestones are not enough. What milestones need to be achieved today to bring you closer to your goal. These milestones or targets need to be measurable.

Step 4 The Gold Formula tm is my simple measurement of monitoring the variances from your actual plan. Actual minus Plan = Variance. The variance is gold because it tells you what to do. You cannot have a variance unless you have a plan and measure actual results against the plan. Today we are graphing key statistics. The graphs tell us the condition and then we are able to apply the formula for success based on the condition. Management by Statistics is the single biggest enhancement for performance in business and life that I have learned.

Step 5 Enjoy the process and continually refine your targets

These five steps are the foundation for how I work and how I coach. They are the reason I can offer my Results Guaranteed Coaching Program By the way I have a coach that holds me accountable and I am very grateful for him.

Special Offer: 1 complimentary coaching call plus one call a week for 6 weeks -7 calls total. I have priced this to be affordable for nearly everyone and if money is your issue I am open to a JV. Start now and in one month or less you will see results guaranteed!

Call me now

Trump My Formula For Success Has Expanded

Steve Pohlit, Business and Real Estate Coach, Consultant, Real Estate Investor. Published Author, Professional Speaker

Steve Pohlit 727-587-7871

#businesscoach #profits #business consulting #realestatecoach

5 Actions That Will Improve Your Business and Your Life Today

Build Business Profits 5 Actions That Will Improve Your Business and Your Life TodayThe measurement of success that counts is results. A related measurement is how you feel about the results. A marathon runner does not start running 26.6 miles. Once that runner is able to complete the distance, they may set a new goal for doing it in less time or they may decide to never do that again. Choices …we all have them.

Step 1 Clearly define the outcome in measurable terms.

Step 2 Develop a plan of action to achieve the outcome

Step 3 Define milestones for achievement. Often in business those are quarterly and monthly. Quarterly and monthly milestones are not enough. What milestones need to be achieved today to bring you closer to your goal. These milestones or targets need to be measurable.

Step 4 The Gold Formula tm is my simple measurement of monitoring the variances from your actual plan. Actual minus Plan = Variance. The variance is gold because it tells you what to do. You cannot have a variance unless you have a plan and measure actual results against the plan. Today we are graphing key statistics. The graphs tell us the condition and then we are able to apply the formula for success based on the condition. Management by Statistics is the single biggest enhancement for performance in business and life that I have learned.

Step 5 Enjoy the process and continually refine your targets

These five steps are the foundation for how I work and how I coach. They are the reason I can offer my Results Guaranteed Coaching Program By the way I have a coach that holds me accountable and I am very grateful for him.

Special Offer: 1 complimentary coaching call plus one call a week for 6 weeks -7 calls total. I have priced this to be affordable for nearly everyone and if money is your issue I am open to a JV. Start now and by Thanksgiving in the US you will see results guaranteed!

Call me now

Trump 5 Actions That Will Improve Your Business and Your Life Today

Steve Pohlit, Business and Real Estate Coach, Consultant, Real Estate Investor. Published Author, Professional Speaker

Steve Pohlit 727-587-7871

#businesscoach #profits #business consulting #realestatecoach

Success Mastery: Revenue and Profit Momentum

Success Mastery Success Mastery: Revenue and Profit MomentumDo you know your business statistics?  In my career I have learned the importance of tracking the numbers.  Measurement of actual vs. plan is critical to success.  Two years ago I learned a graphing technique and how to interpret what the graph is telling you. I thought I knew. i did not know.

If you do not have positive momentum with all your key stats your are standing still or worse going backwards.  Many miss the foundation stats that make all the difference. If you would like me to help you take a look, check out the following information.

Intellectual Understanding Does Not Mean You Will Implement 

One client told me recently  the number one benefit of my program was keeping them focused on what is important – accountability is a major reason for success.

In my experience people make a lot of progress during coaching and lose momentum if they interrupt the coaching process. For a Free Coaching Consultation Click Here  

Remember my program is Results Guaranteed Coaching Click Here for more information.

May Your Success Exceed All Your Dreams and Desires

Steve Pohlit, Managing Partner
Steve Pohlit International, LLC
Email
Ph 727-587-7871

Connect on
Facebook http://facebook.com/buildprofits
LinkedIn  http://linkedin.com/in/stevepohlit
Twitter  http://twitter.com/stevepohlit

Trump Success Mastery: Revenue and Profit Momentum

 

Tampa and USA Business Coaching and Consulting Success

Success 300x150 Tampa and USA Business Coaching and Consulting Success

Coaching for Success

I am often asked what is my definition of success. My response is always the same and is one word – Results. I extend this discussion to the importance of health and relationships.

Without good health and energy relationships and money mean nothing as you won’t be able to enjoy them. For these reasons when I work with clients and deal partners, we start with a measurable outcome as the target. As you might expect, that is the money focus or in the business world it is the focus on building profits. Be sure to check out my book Building Business Profits Fast on Amazon.  Tampa and USA Business Coaching and Consulting Success

There cannot be a business success story focusing only on business results. The relationship has to be there. The authenticity has to be there. Even the Results Guaranteed Coaching program I founded will not stand up if there the person or company I am working with has a hidden agenda.

In summary when the goal is clear and measurable and the relationship is authentic, the results will most often exceed rational expectations. Are you interested is seeing if my experience and approach will help you? Click to visit Results Guaranteed Coaching and register for my complimentary coaching session.

Intellectual Understanding Does Not Mean You Will Implement 

One client told me recently  the number one benefit of my program was keeping them focused on what is important.

In my experience people make a lot of progress during coaching and lose momentum if they interrupt the coaching process. For a Free Coaching Consultation Click Here  

Remember my program is Results Guaranteed Coaching Click Here for more information.

May Your Success Exceed All Your Dreams and Desires

Steve Pohlit, Managing Partner
Steve Pohlit International, LLC
Email
Ph 727-587-7871

Connect on
Facebook http://facebook.com/buildprofits
LinkedIn  http://linkedin.com/in/stevepohlit
Twitter  http://twitter.com/stevepohlit

Trump Tampa and USA Business Coaching and Consulting Success