Tuesday, January 29, 2013

How to Understand Basic Principles and Strategies of Real Estate with the Help of Dean Graziosi


Dean Graziosi is one of those individuals who write their destiny with their own hands. After spending so much time (20+ years of experience and success) in the field of real estate, today Dean is no doubt a successful real estate man and a millionaire also known as, an entrepreneur, bestselling author, motivational speaker and a very luck investor and expert of different fields. 



Like all other businesses, real estate too requires investment, experience and wise decisions. But, what about those who do not have anything except hard work, dedication and dreams. Before we proceed to the principles and strategies of real estate, let us have a look how Dean made his way in the world of real estate.
The boy was born as the son of Paul Graziosi and Gloria post. He was youngest of two brothers he lived with his mother. His mother used to work whole week earning just 90$ at the end of the week. Keeping in mind the situation, it is evident that he did not spend a very ideal childhood. He left his study after 10th grade and soon started his practical life.

He began with purchasing a small building. He invested all of his savings and earning in that project and viola! That project was a success, paving the way for further victories and achievements. Since then he never saw back.

What we learn from success story of Dean is determination, realization of dreams and courage to put at stake all that you have. If at that time, Dean had pondered on questions like "whether to spend all of the money", "how much to keep as saving" etc. he had definitely lost that opportunity. The principles that he used to achieve success in his life can work in any department of life. 

Now that we have brief knowledge on the success history of Dean Graziosi, let us have a look on how to accomplish same position in the world of real estate that Dean enjoys today. Dean is one of those who are truly motivated to help others and for that purpose; he has written couple of books. almost all of which are best sellers of The New York Times, The Wall Street Journal, USA Today and Amazon.com. Remember that most of the below given tips has been extracted from work of Dean, his interviews and his training programs. 

By following these principles, you can make your own place in the world of real estate.
  • Search for an opportunity:
Real estate is all about hitting the right opportunity at the right time. It is not necessary that you must have tens and hundred thousands of dollars to start the deal. However, you must have enough money to make a decent starting investment. You can consider example of Dean. He was a teen ager when he made his first deal. As a teenager, you do not have lots of money, especially if you are raised with two siblings by single parent. He spent his money wisely and grabbed the opportunity. Follow his footprint. You can find more details on the topic in Dean's book "Be A Real Estate Millionaire: Secret Strategies for Lifetime Wealth Today". 

  • Build your rapport:
Never target money at first, try making an honest, hard working and determined portray of you in the market. In real estate, most of the people who are either purchasing or selling the property they are actually putting at stake their lifelong earnings and savings. They show trust in you when they are making a deal with you. Now it is your duty, you must not try to play any kind of black trick. Be honest with what you are offering. Once you have built your positive rapport, money will follow you.

  • Take the profit:
Once you achieve your initial goal, next step is to make strategies that are according to the demands of the market. The rule to make profit lies in the fact that every area has its own priorities. Before starting your business, study what are demands of your place (city, town etc.) and then make your strategy. Success will surely obey your orders.

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