Hey, did you know there’s an EASY way to get a real estate investing mentor… for FREE?

One of our Private Money Blueprint members (who knew absolutely NOTHING about the REI biz) used what you’re about to learn to get an experienced mentor WITHOUT spending a dime. And today, he owns over $8 million dollars worth of real estate.

How to Get A Free Real Estate Investing Mentor

In the video, I break down the step-by-step process that you can follow to get a mentor at no cost.

Check it out below…

Leave your thoughts and questions in the comment area below.

Happy Investing!

- Patrick

Related posts:

1. How to Find Hidden Profit Centers in Your Deals Alrighty, just put together a brand new video for ya...
2. Here’s A Great Private Lending Resource… Hey, I was on the phone last week with one...
3. Will This Law Change Your Business? Hey, I want to share a law with you that...

Hey, I’ve got an awesome resource (it’s free and you can access it online) that allows you to legally spy on banks… so that you know when they’re lying to you.

Maybe you’ve had this experience…

You’re interested in doing package deals. So you call a bank and ask if they have any bulk REO. But you’re pretty darn sure they’re not telling you the truth. How do you know?

I just shot that video and walk you step-by-step how to research a banks REO inventory online.

And if you’re thinking… “Sounds great Patrick but I don’t have funding to buy package deals.”

Guess what?

You don’t have to buy bulk REO packages yourself, you can also broker them. So… NO EXCUSES!

Watch the video below now…

Here’s the link to the FDIC website.

Leave your comments and questions below. And if you enjoyed this video, make sure to “like” it before ya go. Thanks!

- Patrick

P.S. – Want to learn more about Bulk REO?

PMBP Faculty Member, Susan Lassiter-Lyons, taught me about this killer resource… and she has an in-depth video called “6 Simple Steps To A $50,000 Payday Buying, Flipping, Or Brokering Bulk REO.”

It’s definitely worth checking out! Enjoy :-)

P.P.S. – Here’s a pic of Susan and I hanging out at The Boathouse on Isle of Palms. One of my favorite spots that’s right in my backyard…

No related posts.

Hey, I want to share a law with you that fundamentally changed my biz and life… forever more, for the better.

A long long time ago, waaaaaay back in 2004 (lol… I’m only 30 years old), one of my mentors let me in on this… and it’s a good thing.

You see, after my first year investing, I knew something had to change. The financing techniques I had used (conventional financing, hard money, parters) just weren’t working for my goals, my needs.

So I decided to get private money.

But after trying and failing… getting “no” after “no,” I almost quit.

Then I learned a law from my mentor that completely changed the way I approached getting private money.

It gave me confidence and belief in myself that I didn’t have before. If you had more confidence and belief in yourself and business, don’t you think it would be easier to get private money?

You bet it is.

Will This Law Change Your Biz?

Alright, here’s what my mentor shared with me that changed my biz and life forever… he said that when you do something often enough, a ratio will appear.

I know that probably doesn’t sound like a big deal, but stay with me.

That’s the law of averages.

In baseball, they call it batting average.

Step up to bat, swing 9 times and miss. Then on your 10th swing, you get a hit… and the law of averages kicks in.

And here’s why that’s HUGE…

Once a ratio starts, it tends to continue.

Step up to bat 10 more times and chances are you’ll get another hit.

Think about it… if you’re new to getting private money, it may take you 10 appointments to get your first private lender… but then you can expect to get another one from your next 10 appointments.

And guess what?

With repetition, your ratio can be increased.

In baseball, hit 3 out of 10 and they’ll pay you millions of dollars!

Strike out 7 times and get paid millions.

Not bad, ehhh?

The problem with most people is that they’re unwilling to step up to the plate at all… or after they swing and miss, they quit!

Sorry but that doesn’t cut it.

In order to put the law of averages to work for you, you’ve gotta keep swinging, keep setting up appointments to show your private lender PowerPoint presentation, keep spreading the word about your opportunities.

And once the ratio appears, all you have to do is meet with ”x” number of people, and you’ll get another private lender.

That simple law gave me the confidence and belief to keep swinging… and it will do the same for you.

- Patrick

P.S. – If you’re wondering, the mentor I’m referring to is Jim Rohn – America’s Foremost Business Philosopher. This lesson came straight from him… the man, the myth, the legend.

I wrote a post on the PMBP blog that has a few of his videos on “How To Have Your Best Year Ever.”

It’s really good stuff.

P.P.S. – Also, a BIG congrats to Tammy Reoch of La Habra Heights, CA!

Tammy got her second private lender on board this past week. And get this… he wants to “start” with $300K – $400K.

Whoohoo! Nice work Tammy!

Just another one of our Private Money Blueprint members easily getting private money in today’s market.

No related posts.

Hey, I just wanted to say “Thank YOU!”

I really appreciate YOU – whether you’re a blog reader, an email subscriber, or member in one of my training programs.

YOU are the reason I’m still here… blogging, putting out training videos and resources. All the awesome success stories y’all email in, the comments you leave… makes me feel all warm and fuzzy inside and motivates and inspires me to do more :-)

Thank YOU – from the bottom of my heart – for taking the time to read, watch, and put my content into action!

Want to know why I’m writing this message to you today?

When I put my gratitude rock in my pocket this morning, I thought of YOU and said my thanks.

I absolutely LOVE what I do teaching / helping real estate investors… and if it weren’t for your continued support, feedback, appreciation, I wouldn’t be here.

If you’re wondering what the heck a gratitude rock is, it’s pretty cool.

Have you seen the movie The Secret? (if not you should check it out… good stuff!)

If so, you probably remember the guy who talked about how he uses a rock (as a trigger) to remind him to give thanks for everything in his life… every time he puts it in his pocket in the morning or takes it out at night.

This is a great little tool to use to keep a positive mind set, an attitude of gratitude.

And since what you think about, you bring about. The more you think about the stuff in your biz and life that you’re thankful for, the more of it you get :-)

Check out my gratitude rock…

One of the suggestions from the guy on The Secret is not to just pick out any ol’ rock. Find one that’s special to you. I got mine above from my parents pond where I grew up.

So now for your assignment… go out today and find yourself a gratitude rock today. Put it in your pocket every morning / take it out at night… and say thanks to everything in your life as you do.

I appreciate ya :-)

- Patrick

No related posts.

Hey, this is pretty cool.

I was interviewed the other day by ABC News 4 about how I use Twitter and they ended up doing a little segment on me and my blog, Must Know Investing :-)

Click the pic below to check us out on ABC’s website…

Gotta love free publicity :-)

While you’re over there on ABC’s site, show some love by clicking “Recommend”… to share the video with your Facebook friends.

Thanks!

- Patrick

No related posts.

In Napoleon Hill’s book, Think and Grow Rich, the ninth step towards riches is called “Power of the Master Mind”.

If you haven’t read this classic yet, add it to your reading list immediately.

Many of the most influential people in business attribute much of their success to this one book.

I’ve probably read it 8 or 9 times now… and just started reading it again. Because as Jim Rohn says, “Repetition is the mother of skill.”

Let me give you a quick background on the book… then we’ll dive into what is meant by the “Master Mind” principle and why it’s vitally important to your success, and we’ll finish up with steps on forming your own Master Mind alliance group.

Think And Grow Rich by Napoleon Hill

In 1908, as part of Napoleon Hill’s work for a magazine, he interviewed Andrew Carnegie. Carnegie’s company, US Steel, was the first billion dollar company in the world…. and he believed that success could be distilled into simple principles  that would make it attainable for anyone to achieve great financial success.

Carnegie commissioned Hill to go on an exhaustive 20 year study of 500 of the most successful people of their time.

Hill interviewed Henry Ford, Theodore Roosevelt, John D. Rockefeller, Dr. Alexander Graham Bell, Charles Schwab, Thomas Edison, among many others…

… and in 1937 published, Think and Grow Rich, which would become one of the most influential and best-selling books of all time.

This work is referenced as the “science of personal achievement”. And yes, it’s a science.

The “Master Mind” Principle

Hill says…

“The “Master Mind” may be defined as: Coordination of knowledge and effort, in a spirit of harmony, between two or more people, for the attainment of a definite purpose.

Economic advantages may be created by any person who surrounds himself with the advice, counsel, and personal cooperation of a group of men who are willing to lend him wholehearted aid, in a spirit of perfect harmony. This form of cooperative alliance has been the basis of nearly every great fortune.”

After 20 years of studying the most successful people in the world at his time, he realized that if you analyze the record of anyone who has accumulated a great fortune (even those who accumulated modest fortunes) either consciously or unconsciously employed the Master Mind principle.

So, if you’re not currently in Master Mind group, it’s time to form one… asap!

How to Form Your Master Mind Alliance Group

Here are a few simple steps to form your Master Mind group…

Step 1 – Read Think and Grow Rich

Step 2 – Define your Master Mind group’s purpose

Maybe you decide that your purpose will be to forward your own and other member’s real estate investing businesses.

Step 3 – Set a goal for when your first meeting will be

Step 4 – Invite potential members

If you don’t know who to invite, it’s time to start networking.

If you’re group is going to focus specifically on real estate investing, start by going to your local REIA meetings. Call all the real estate investor marketing in your area… seek out like minded people who want to grow their businesses through cooperation… and invite ‘em to participate in your Master Mind alliance.

Step 5 – Decide when, where, and how often you’ll meet

I’m in a Master Mind group that meets quarterly in person. We have four members (all biz owners) – a publisher, an attorney, a musician, and myself. We rotate where we meet based on where each member lives.

I’m in another that meets monthly by phone.

Alrighty, now get out there and form your Master Mind group.

If you have any questions, comments, or thoughts, toss ‘em in the comment area.

- Patrick

P.S. – One of my Master Mind groups met recently in Cabo… gotta love “work” when it calls you to a beautiful tropical location :-)

Check out this little video from the weekend…

Pretty cool, eh?

P.S.S. – If you’ve decided to start your own Master Mind group and follow the steps outlined above, tell the world about it in the comment area. Who knows… maybe you’ll connect with someone here who would be perfect for your group.

No related posts.

It all starts with setting goals.

… and I know what you’re probably thinking, “Oh noooooo, not goal setting again…”

Yep, goal setting.

Because unless you know where you’re headed, how in the world could you ever get there.

Think about it…

You decide to go on a vacation. What’s the first thing that you have to do? Decide where you’re going. Then, you can backtrack to where you are today and take the steps necessary to get there.

It’s the same thing when planning your life. You must first know where you’re going… so that you can break down the steps to get there and start moving in that direction.

Many people that set goals (a very small % of the population) choose the end of the year as a time to evaluate their lives and recommit to doing whatever it takes to get what they want.

So I thought I’d pass this video by ya where Brian Tracy walks you through a quick goal setting exercise. It’s less than 2 min so go ahead and check ‘er out…

Did you do the exercise?

If not, go ahead and do it now.

THIS is the starting point to all achievement. THIS is the starting point for your greatest year ever… 2011!

If you enjoyed this little segment, you should check out some of Brian Tracy’s other stuff. His books, CDs, and training programs have made a HUGE impact on my life.

My all-time favorite… his book, Maximum Achievement. A masterpiece!

~ Patrick the Great

No related posts.

I got an email the other day with the subject line, “Does PMBP really work?.”

I get this question a lot (or some version of it).

So, to give you an answer if it’s on your mind too, check out the pics below.

This is a small collection of unsolicited emails, Facebook messages, and other online posts from real world people – just like you and me – who applied the Private Money Blueprint (PMBP) and our other training programs with success.

This is the reason I do what I do… results.  Private money gotten, deals closed, profits made.

I love it!

Check out what a few of our PMBPers had to say…

Does Private Money Blueprint Really Work?

Here are a couple Facebook updates from PMBP Platinum student Rob Russell…

This is Shannon (aka Shae) Bynes – PMBPer from our original pilot program…

My friend, JP Moses, did a post over on his blog where he asked readers what their favorite training programs are and here’s another comment from Shae…

And here are a two emails from Private Money on Demand students…

The first pic below is an email from PMBPer, Eric Blow, with an update on his private money getting progress… then a chat message showing how much moolah he’s going to make from his first rehab (a cool $25,000 bucks)…

Gotta love this next one!

Justin Wilmot - surfer dude turned real estate investor – bought and sold 4 more deals, has 3 more under construction… AND sold his boat detailing biz to move full time into real estate investing. Nice!

Check this one out… guess PMBP works even in the Philippines…

(Note: These results are not typical. Most people don’t take any action; therefore get zero results. AKA no private money)

But, if you’ll willing to put in the work by taking action, you can do it too.

… just like Ben, Christina, Eileen, Frank, Lui, Rob, Shae, Tammy, Doug, Nick, Eric, Justin, Brittany, Larry, and all the other PMBPers kicking serious butt in today’s market.

If you have a PMBP success story we don’t know about yet, toss it in the comment area.

Happy Investing!

- Patrick

P. S. – If you’re interested in joining forces with us, check out the links below…

The Private Money Blueprint System – This is 100% of everything I know and use to get private money… all the forms, tools, resources, marketing templates, website, and full support.

The Private Money on Demand Training Program – This teaches specifically one technique for getting private money… how to find active private lenders in your local market at a moment’s notice through public records.

No related posts.

I’ve had a bunch of emails coming in lately from subscribers and students asking my candid thoughts on FreedomSoft Reloaded. That’s the fancy new version of FreedomSoft that Preston Ely is opening registration for this week.

You may have heard some people call it a “miracle” (c’mon really… it’s a piece of software) or some people call it a scam – which it’s not.

With so many contrary opinions, I wanted to show you exactly…

=> What FreedomSoft actually does and doesn’t do

=> What I like about it and what I don’t

=> Who it may be right for and who it’s not

Since the original launch of FreedomSoft, they’ve added some new software functions and made some improvements. They’ve also added something to help you get private money (which I’m happy about :-)

But, there’s one area in the system that I feel they missed the boat. I’ll explain more in my video review below.

FreedomSoft Reloaded – Let’s Cut Through The Hype

Ok, I want to get a few things off my chest before you watch the review. So…

1) FreedomSoft does not do deals for you

If you think you can invest in FS and money will just start pouring into your bank account, wrong.

FS is a collection of tools, systems, templates… that are integrated so that you can run your business all in one place. It can help save time, be more efficient, better organized, get more done in less time.

If you don’t take action and actually put it to work in your biz, you just donated your hard earned moolah to Preston.

2) If you have 8 other REI courses and programs sitting on your shelf collecting dust, don’t invest in FS.

I repeat… if you are a chronic buyer (and not user) of REI education programs and systems, STOP!

Stop wasting your money on programs that you never actually study and implement.

If you’re unwilling to take action and get over your uncomfortable-ness, get a job. Work for someone else.

Because the only way you’ll ever be successful, is to get over your fears by taking massive action.

3) Don’t get caught up in the hype

When you watch my review, if you decide it’s right for you… you decide it is a valuable asset to your business… that you’ll put it to work for you, that’s great.

My biggest thing…

I want to make sure you’re making an educated decision… and that you’ll use it.

4) If you invest in FS through my link, do I make a commission?

Yes.

But, as you’ll see, I’m going to give you my honest opinion and feedback… because it’s definitely not for everyone.

FreedomSoft Reloaded Review | Candid Review & Walk Through

Check out the video below…

Click below if FreedomSoft is right for you…

>> Get FreedomSoft Reloaded HERE <<

FreedomSoft Reloaded Bonus Package

Ok, like I mentioned in the review video, the main part of the FS system that they missed the boat on is the funding aspect of the biz. So, I’ve put together a private lending bonus package to fill in the gaps.

When you invest in the Platinum level of FreedomSoft, you get…

=> Done-For-You Private Lender List – $2,554 Value (first 10 only) – I’m going to give you a list of up to 20 active private money lenders in your local market (or whatever US market you’re interested in). Plus, I’m going to show you exactly what to do with this list once you get it… how to contact the prospects so that you’re SEC compliant, the conversion strategies, templates, and tools… and teach you the process so that you can do it again in the future if you’d like.

=> The Private Money Blueprint Home Study System – $997 Value (this sells on our website everyday for $997) -  This is 100% of everything I know and use to get private money for my deals… all the tools, the resources, the templates, the marketing pieces… plus my full support. Got a question? Need some help on a deal? Just let me know.

=> Private Money Lead Generation Website – $697 – I’m going to set you up a fully customizable and search engine optimized private money website. These come with a lead capture system, back end database, free reports, and are built off Wordpress. So, they’re super easy to use even for us non-techies.

=> Access to the MKI Education Vault – $497 – This has previously only been available to my personal mentoring students. But, I decided to open it up for you if you invest in FreedomSoft. Why? Because I want you to develop your education throughout every aspect of the biz. In the Vault, you’ll learn from over 20 hours of training on topics like asset protection, negotiating, lease options, trusts, marketing, team building, systems, and more.

(NOTE: If you are already a PMBP member, you’re also going to get my most valuable asset, my personal time. Yep, you get two private 1-on-1 phone consultations with me. You and I will hop on the line and dig into your biggest roadblocks, obstacles, and questions… and you’ll leave with an action plan in hand knowing exactly what to do next)

>> Here’s the Link to Get My Private Lending Bonus Package for the Platinum Level of FreedomSoft <<

When you invest in the Gold level of FreedomSoft, you get…

=> The Private Money Blueprint Home Study System – $997 Value (this sells on our website everyday for $997) -  This is 100% of everything I know and use to get private money for my deals… all the tools, the resources, the templates, the marketing pieces… plus my full support. Got a question? Need some help on a deal? Just let me know.

=> Private Money Lead Generation Website – $697 – I’m going to set you up a fully customizable and search engine optimized private money website. These come with a lead capture system, back end database, free reports, and are built off Wordpress. So, they’re super easy to use even for us non-techies.

=> Access to the MKI Education Vault – $497 – This has previously only been available to my personal mentoring students. But, I decided to open it up for you if you invest in FreedomSoft. Why? Because I want you to develop your education throughout every aspect of the biz. In the Vault, you’ll learn from over 20 hours of training on topics like asset protection, negotiating, lease options, trusts, marketing, team building, systems, and more.

(NOTE: If you are already a PMBP member, you’re going to get my most valuable asset, my personal time. Yep, you get one private 1-on-1 phone consultation with me. You and I will hop on the line and dig into your biggest roadblocks, obstacles, and questions… and you’ll leave with an action plan in hand knowing exactly what to do next)

>> Here’s the Link to Get My Private Lending Bonus Package for the Gold Level of FreedomSoft <<

When you invest in the Silver level of FreedomSoft, you get…

=> The Digital Version of the Private Money Blueprint System – $497 Value -  This is the exact same as our full home study course, except it’s all digital. You get 100% of everything I know and use to get private money for my deals… all the tools, the resources, the templates, the marketing pieces online… plus my full support. Got a question? Need some help on a deal? Just let me know.

=> Private Money Lead Generation Website – $697 – I’m going to set you up a fully customizable and search engine optimized private money website. These come with a lead capture system, back end database, free reports, and are built off Wordpress. So, they’re super easy to use even for us non-techies.

=> Access to the MKI Education Vault – $497 – This has previously only been available to my personal mentoring students. But, I decided to open it up for you if you invest in FreedomSoft. Why? Because I want you to develop your education throughout every aspect of the biz. In the Vault, you’ll learn from over 20 hours of training on topics like asset protection, negotiating, lease options, trusts, marketing, team building, systems, and more.

(NOTE: If you are already a PMBP member, you’ll also get one quick action 20-min private phone consultation with me)

>> Here’s the Link to Get My Private Lending Bonus Package for the Silver Level of FreedomSoft <<

One last thing before I go… if you decide FreedomSoft is right for you and you invest in one of the three levels through my referral link, shoot your receipt over to me at patrick [at] mustknowinvesting [dot] com. I’ll add you to the bonus group depending on which package you chose and send you details on how to get your bonuses.

Alrighty, that does it…

If you have any questions or comments, toss ‘em in the comment area.

Happy Investing!

~ Patrick

No related posts.

Check out Ron’s victory speech below…

Congratulations to Ron… way to go Probate Guy!

The 2010 Final Standings

1) Ron Mead, The Probate Guy – 2010 Champ – 251 Votes
2) Steph Davis – 189
3) Julie Broad (’09 Champ) – 154
4) JP Moses – 148
5) Craig Fuhr – 120
6) Patrick Riddle (aka Sergeant P-Rid) – 65
7) Shae Bynes – 22
8) J Scott – 20
(less than 20 votes)
9) Jamel Gibbs
10) Alex Joungblood
11) Rachel Hernandez
12) Peter Kolat
13) Scott Costello

Now, let’s give a round of applause for all the excellent REI Bloggers! You guys and gals pour your hearts into your blogs… and the 1000+ votes below are a testament to that!

AND, a BIG THANKS to everyone who voted. It means a TON to us bloggers…. we salute you :-)

It’s been my pleasure to host another great REI blog battle.

That’s it for ol’ Sergeant P-Rid.

See y’all next year for the 3rd annual battle. It’s gonna be big!

~ Sarge

P.S. – Are you an REI Blogger? Interested in participating in next year’s battle? If so, leave a comment below with your name and link to your blog.

P.P.S. – If you voted for Ron, Steph, or Julie, you’re in contention to win one of those Private Money Blueprint Training Systems. Good luck!

Julie Broad
Life As Real Estate Investors

Real estate investing live and on location across north america. Videos, tips, and resources to help you invest successfully in any city!

• 
• 
• 

Ron Mead
Buy Probate Property

If the coffee I’m drinkin’ and what I’m just thinkin’ or your just a winkin’, then we’d better say bye, cause I’m just the Probate Guy!

• 
• 
• 

Steph Davis
Flip This Wholesaler

Rags to riches real estate: the daily musings of a bartender turned REO wholesaler …

• 
• 

JP Moses
REI tips

Imagine Real Estate Investing…Undressed. It’s practical, real & “Average Joe” friendly. Stop by & grab my 53 Free REI Forms on the house!

• 
• 
• 

PATRICK RIDDLE
Must Know Investing

Your Source for Creative Real Estate Investing Tips, Tools, and Techniques… and Host of Battle of the REI Blogs.

• 
• 
• 

Shae Bynes
Good Faith Investing

Shae seeks to inspire and inform with stories from the streets. Some even call it chicken soup for the real estate investor’s soul. :-)

• 
• 
• 

Peter Kolat
Real Estate Internet Marketing

Real Estate Internet Marketing Blog-FREE 56 pg. Real Estate Black Book-The Only Place to Get Secret Internet Marketing Strategies For FREE.

• 
• 
• 

Jamel Gibbs
REI Education Academy

FREE 5 Part Crash Course on Wholesaling Houses provided by the Jamel Gibbs. Discover Pure Real Estate Investing AWESOMENESS.

• 

Rachel Hernandez
Adventures in Mobile Homes

Sharing stories and adventures about investing in mobile homes. Learn from Rachel – aka Mobile Home Gurl – who specializes in this niche!

• 
• 
• 

Scott Costello
Struggling to Get Started

A Nine-to-Fiver overcoming fears and a lack of time. No tips, tricks or fast profits here, just every day experiences from a new investor.

• 
• 
• 

J Scott
1-2-3 Flip

123Flip.com brings you the nitty-gritty of a real life house flipper, including detailed financials, schedules and results down to the penny.

• 

Craig Fuhr
SurReal Estate Success

Craig Fuhr is a super-star investor & premier rehabber. His blog is a daily stream of insanely fun & real-life RE Investing tips & videos.

• 
• 

Alex Joungblood
Wholesaling Houses in Real Time

A full time wholesaler making it happen in a down real estate market. How you can still make a full time income wholesaling houses.

• 
• 
• 

Alrighty…

Here’s a quick recap of the contest rules from the video above:

1) Contest starts October 18th and ends at midnight EST on October 21st.

2) You must be 18 years or older to participate.

3) Pick your favorite real estate investing blogger.

4) VOTE by entering the name of your favorite blogger in the comment area below (only 1 vote allowed per person… violators will be disqualified).

And check out the prizes…

1st place blogger gets to award 5 of their voters a FREE Private Money Blueprint Training System ($997).

2nd and 3rd place get to award 1 of their voters a FREE Private Money Blueprint Training System.

So, we’re giving away almost $7,000 in real estate investing education… and you could win by simply voting below.

Scroll to the bottom of the screen now and put your favorite REI blogger in the comment area. And remember, only 1 vote per person.

Thanks for joining this year’s Battle :-)

May the best REI blogger win,

Patrick Riddle
… aka Sergeant P-Rid

P.S. If you think this contest is pretty cool, click the Facebook “Like” button at the top of the post and share it with your friends :-)

No related posts.