My loan has been approved for my house number 5. It is amazing how easy it is for me to borrow money. I wish it was as easy to borrow money for realestate investment in Japan.
I am just waiting to get a building inspection done, and if the inspection proves the house is in relatively good condition I will go through with the sale.
It is the last week before we enter December. I will be assessing how I have done this year in the coming weeks. I probably won’t meet my goal of have $600K in property, but I will come reasonably close and in hindsight it is probably better to research every deal and not move too quickly.
If this year has been relatively good, I am hoping for a bumper year in 2006.
It is amazing the difference of how I use to think:
“I want to be rich”. “I want to retire early”. “I want to run my own business one day”.
Now I think of concrete ideas of how I can increase my wealth and passive income, set goals and try to meet those goals.
“I want to create 10 websites that earn $5 a day”. “I want to buy 5 properties that return an average of 10% a year”. “I want to buy a site which has a page rank of 5 and has no advertising and will return a passive income of $100 per week”.
If you are in debt, have little savings, no financial goals, tell yourself: “2006 will be my year”.
Join the journey…


















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Written by Mike
Topics: General