Interview With Adriana Dodge, Author of A Millionaire’s Real Estate Secret

In over three hours of conversation with Adriana Dodge, author of A Millionaire’s Real Estate Secret, she never failed to have some thought-provoking ideas great for entrepreneurs in all endeavors, especially those looking to get more involved in real estate opportunities.

Question: What does ‘success’ mean to you?

Adriana: 1. Successful relationships with others 2. God active in my life 3. Financially free to do whatever, whenever 4. Feeling at peace. That’s my definition of success, and each person should have their own.

Q: How important is a person’s ‘Why?’ to achieving success?

A: It’s a MUST. When you have a vision, you will go the extra mile and do whatever it takes, legally, morally, and ethically, to pursue your success. Really, when the passion is big enough in your heart, the facts don’t count!

Q: What holds people back from achieving the success in real estate they dream about?

A: Fear. Fear of the unknown. The ‘I don’t know’ fear. ‘I haven’t bought properties before.’ ‘I don’t know if I can be a landlord’. ‘I don’t understand numbers’. Those beliefs. Basically, it’s a lack of confidence in themselves and it’s harder when you can’t recognize opportunity when it’s in front of you. That’s a lack of training, too. Fear can stop the most knowledgeable, experienced investor, but it lessens [with training and experience].

Q: What advice would you give to aspiring Real Estate investors?

A: Take Action First! Call people and negotiate deals. Ask the questions you don’t want to ask. Visit properties and really learn one neighborhood. Always be talking to other investors. Study, learn, and go to seminars. Get a mentor. This can help successfully master fear.

Q: What should a mentor do?

A: They should teach us to fish, not just provide deals. Deals too, but they should give us the ability to recognize opportunity ourselves and encourage our own decision-making. Give examples and scenarios, and show us how to mentally rehearse transactions. Challenge us, push us to take action, and be there to say ‘I understand what you’re going through’. They should force us to take on the mindset of an investor by teaching us to put aside the emotions and learn to look at the numbers.

Q: What are your thoughts on property management?

A: The most important thing in property management is a very tight lease. Tell people their responsibilities up front. They can choose your home or not. Treat tenants with respect and with a customer service attitude always. Take care of things immediately; use contractors and vendors who keep their word-they are an extension of the landlord. When people can depend on us as landlords, who are their friends going to call?

Q: Is there any legitimate reason, limitation, or disability that you can think of for someone in this country NOT to achieve financial success if they truly pursue it?

A: There is absolutely no excuse. Anyone in the United States who wants to succeed will succeed. All it takes is a decision and taking action until you reach your goals.

She then laughed, adding: “If I can do it, think of the possibilities for someone who is smarter, taller, and prettier!” I couldn’t have said it better. I hope you enjoyed looking in on my interview with Adriana Dodge, author of A Millionaire’s Real Estate Secret.

Legal Ways Out of Debt – How to Avoid 50% of Your Unsecured Debt

All of us dream of bigger houses, a fancy car and for some, even going to big colleges are a dream. Unfortunately not all have the money to realize their dreams. It is for them that the banks have furnished various schemes or loans. By availing these unsecured loans the individuals are able to fulfill their wish. Sometimes what happens is that they might exceed the limit of credit given to them and are not in a position to repay the amount that they have spent. They avoid repaying the money that they owe the banks. The amount to be paid multiplies because of the interest charged and late fee that keeps adding on to the principal amount.

When you are knee deep in debts you might consider various methods of dodging the banks and collection agencies that keep calling, constantly reminding you of the bills you need to pay up. What are the legal ways to get out of debt? How to avoid 50% of your unsecured debt? Debt settlements or debt negotiations is the answer to all your debt related woes. By approaching a debt relief agency you can assure that at least 50% of your debts will be written off by your banks. Debt relief agencies are professionals who have a great deal of experience in dealing with creditors. They will know all the legal proceedings that will have to be followed. Great care has to be taken while choosing a debt relief agency as there are many fraudulent companies out there who are waiting to take advantage of you.

The debt relief agency will prepare a report based on the information collected from you, regarding your current income and fixed expenses. All necessary papers will be prepared that needs to be submitted to the banks. A meeting is called with the banks by the agent and it is up to him to convince them of your inability to pay up the entire amount. How much will waived off as bad debts by the creditors depends solely on the negotiation skills of the agent. An amount will be agreed upon by both the parties which can be paid in lump sum or in installments. So, why compromise your goals in life and let it shrink away in your dreams?

Fast Credit Repair! Killer Secrets To Put You Legally Ahead Of The Credit Reporting Agencies!

Years ago, after some financial mistakes, I heard about a guy in a suburb of my home town who for a few hundred dollars could wipe my credit file clean. Start over new, fast credit repair, no late payments or outstanding collections. It would take 24 hours to set it up. Sounds good, right? I didn’t believe it at first, but I called the guy to check it out. He assured me the program was completely legal and supported by the federal government. It sounded too good to be true.
Well, it was! When his office turned out to be a spare room over his garage, I decided to go a different route and hired a lawyer. I heard a few months later that the guy had been shut down and the people he had “helped” were being investigated for fraud. I dodged a bullet! A few months ago I began to see ads in the local newspaper advertising fast credit repair and just out of curiosity I called again. Guess what…years after this guy was shut down similar companies are popping up trying to sell the same idea. Get a new ID and a fast credit repair. I asked if this was legal and they told me that the government actually “sponsored” the program.

Well, I did the research this time. I checked with the IRS and FTC and found out what is legal and what isn’t. Here is what happens: a company will target anyone with bad credit and offer them a whole new credit file. The company will apply with the IRS for an Employer Identification Number (EIN) on behalf of the consumer. They give the IRS a “business name” and address not at all associated with the consumer. They then apply for credit using the EIN in place of a social security number. Since there is no history for the EIN, viola; a fast credit repair and you now have a brand new credit file.

It seems like the government sponsors this program, because you get the EIN from the IRS, but nothing could be further from the truth. You’ve probably seen an EIN before if you’ve ever filed your taxes. Check on your W2. The company you work for has an EIN. Every business operating legally does. If you start a business, you’ll have to get one as well. The issue is when a consumer gives false information to the IRS, like the name and address. This is fraud.

Some privacy experts would argue that separating the consumer and new EIN is legal. The FTC disagrees. They call this file segregation and they say it’s illegal. Since they’re the government, I wouldn’t mess with them.

There is an upside in this whole thing. Say you want to start a home business and would like to get that Costco business American Express card. You legally can. To start with the business entity you create will be tied to your personal credit. Hiring an accountant or book keeper to do the bills for the business is a great idea. It saves you time and builds a credit history for the business. Even if you are late on your personal mortgage or credit card bills, the business will become a separate entity and be eligible for credit cards and other credit.