Dean Graziosi Weekly Video Blog #74 - Dean Returns With Tremendous Tips on Tax and More...

Welcome Back! Congratulations on your recent real estate closing in New York. It is always exciting anytime you buy or sell a property. We always try to celebrate like having a nice dinner. Thanks for doing another weekly blog for all of us. The Spring in the Midwest has sprung and there are flowers, trees with leaves, birds and warmer weather. The best part is the snow shovels can now head into the basement from the back porch! We are looking forward to the Gain the EDGE event in May. We wish you continued success in all you do. Believe and Achieve! - Joe

Just wanted to say welcome back and another great blog, Like you said the EDGE is right around the corner Can't wait.

Randy

Welcome back and congratulations on your recent and past real estate investments for this year. Taxes are really high in the New York area and one always have to take that into consideration as well as other things, when purchasing in this area.

Sandra

Thanks for another great blog, it's great to see your smiling face every week with some new words of EDGE wisdom. It's spring in the Rockies too and I've made a giant step forward to what will possibly be my first killer deal. I'm trying so hard to have one under my belt before I meet you and people like Indiana Joe & Stacy next month.
What you believe you will achieve!
Jo Gibson

Taxes,
In New Jersey they're crazzy!! but thanks for coming back ryan did a great job but kinda missed your jolly voice. We all tend to make excuses for various reasons but we will all break the mold and take ACTION!!!!

Welcome back to the sunny state. Yes, I had one of those days today and I was a little down and stayed in the house too long....but I did organize my "office" and bought folders for my "lists". I"m slowly working on my dream.

About the taxes....I was really surprised when I found out some years ago that the taxes my sister paid on her property in N.J. where about the same PER MONTH as what I pay PER YEAR here in AZ. (Of course, my house is a bit smaller...but still)

Margaret

Welcome back! your reading my mind, I am on the Island, Long Island NY and that is something that has to be factored, we have been hit hard. I am looking at my first investiment house and the taxes are sky high approx 9k, its crazy. There is always tax grievance which takes a while but it does pay off in the long run. Good to hear your voice! Thanks for the blog.

Good to hear your still making deals. I don't know how you find the time to manage your business, find and close real estate deals and still take care of your family. I always look forward to your blogs each week. I really enjoyed the one last week from Carol too.

Tim

Welcome back! I wanted you to know Ryan hit the nail in the head for me with the clip he chose last week while you were gone from home. It seemed he read my mind just when I needed the boost! And thank you Randy for the same advice. He gave you credit for that little tip bits.Carol is so inspirational! It reminded me of when I was 23 years old leaving CA to go to GA with $30 in my pocket- but I didn't have 7 children to worry about!
Your materials plus the DG site stories and advices from the members are all so inspirational,so grounded,a packaged deal. It provides NO EXCUSES,that I am BOUND to SUCCEED in REI, , no matter where I am in my life right now as long as I have aspirations to change. And I have plenty of those!
Please continue to inspire! Continue to transform lives with your work! So that we may touch other lives that touch us!
Best,
coco

Spring into action! Don't wait! Good Advice!

Life is not waiting for the storm to pass --
It's learning to dance in the rain.

Ginni

Spring into action! Don't wait! Good Advice!

Life is not waiting for the storm to pass --
It's learning to dance in the rain.

Ginni

Spring into action! Don't wait! Good Advice!

Life is not waiting for the storm to pass --
It's learning to dance in the rain.

Ginni

Welcome back Dean!
And as always Thank You for your wisdom & advice
can't go wrong with neither!!

Paulie in Philly!

We missed you last week, so welcome back! Yes, spring is here in New England! Flowers are up, leaves are on the trees again, looking forward to making some deals!

Thanks for more great info. The weather in Florida makes it hard to focus but I'm determined. Good luck with the event. Maybe I can be there next year.

Lee

Welcome back from your trip. I'm glad to hear that all went well on your deals. It's nice to know that you are still making deals happen and that you've made some here in Mississippi. I'm in a suburb of Jackson and I'm still putting my business together.
I just recently lost my grandmother, but I may have regained an uncle that I've been out of touch with. He was taking care of her and now that she has passed, he has expressed an interest in Real Estate. He is a professional and makes a good living and now that he no longer shoulders the financial responsibility of taking care of her, he is looking to the future and looking towards moving out of the career he now holds. I told him that when a good deal comes along I would bring it to him to see the kind of money to be made in Real Estate. So it looks like I might have just found my first partner!
While spring has always symbolized the renewal of the outside world it also symbolizes the renewal of the inside spirit.
Well, good luck to all in everything you do and thanks again Dean for all your encourageing words.

Rick Merritt
Trident Realty, LLC

Welcome back and thanks for the update. It's great to hear of all the deals to be had across the nation! Whoo hoo. I'm ready. Just locked up another re-fi and I'm ready to move baby! Muah...
Angie

Dean, I want to thank you for all your blogs and work you and your team have done and continue to do. you dont know how manny times I've wanted to quit because of the obsticles of life,and everytime I go to your blog you lift my mood and my spirit.I've been doing everything instructed in your book except joining the succes academy (can't afford it) and a year later I have a cash buyer who is looking for a 2 fam. we met with my real estate agent and I'm makeing 30% of the sale of the house.Plus I have another buyer in line for the next on: so you ask "have i become boring?" NEVER!!! keep on doing what you'r doing. You were predestined too do this, and I'm sure GOD is going too bless you for helping so many poeple. I'm not ashaned to say I love you Dean and Fam. Thank you

Very encouraging message. However, I have a question for you or anyone. I've just received several "emergency" emails from my local investment club, talking about the new S.A.F.E. law (part of RESPA), taking effect on May 1st. It requires any and everyone selling or financing residential properties to have a mortgage license. In essence, you can only sell your domicile without a license. You cannot "owner finance" without a mortgage license. Also, puts in question how the buying and selling of notes will be handled. Hence, the investors are running around like "chickens with their heads cut off". This is not only a state law, but a national law!

Do you or anyone, have any thoughts on this, and how it will effect what most of the people on this site do?? As for me, I am a licensed mortgage broker, but most/all people that do this business are not. My license, however, had nothing to do with investing. It was just my job.

Thank you.

FNY, the safe act is printed here:

http://www.csbs.org/Content/NavigationMenu/LegislativeAffairs/RecentLegi...

Copy the whole thing into your browser website address line and then enter.

Click on "SAFE act" and it will download onto your computer.

The deffinitions are an interesting part of the act. See if you agree with the investment club. You can ask a lawyer also.

Thank you for being so positive and please keep baing positive. Too many of us have a habit of being negative and we need to be pulled out of our funks.

FNY, also remember that "rent to owns" can be written up in such a way that it isn't an official "sale" until sold.

Have a great day,
Judy

Welcome back , Dean I want to thank you for the work you and your team are doing . Your blogs help me to continue inspite of the obsticles thank you .

congratulations on your recent purchase in New York. Like always thank for the heads up about the taxes.

I clicked on the URL, which went to Recent Legislation, but there was no SAFE act to click on.

We just started this, love the site. Thanks, Dean.
.

I think you are a terrific guy. Congratulations on all your real estate deals this month. I noticed you did this blog on April 25 which Just happens to be my birthday, but I just received your email today, April 27. You mentioned the taxes are high in New York. I am wondering how they compare with us here in California. What percentage of the sale price of a home are the taxes? Enjoy hearing your inspirational words each week. Thanks again.

Kathy Van Dyke

I always look forward to seeing your video of the week. Dean! They are never boring! I always get inspired by them, and get more determined to follow my real estate dreams. Please keep it up! I am sooo looking forward to coming to Scottsdale next month!

You accomplished so much. I'm fairly certain that you somehow have more hours in your days than the rest of us.

City of LA taxes are just getting to be plain absurd. And when they know we won't vote to pass a new tax, they just don't put it on the ballot but slap it on us as a fee instead. The DWP rate hikes have already raised the utility bill so high that many people are now having trouble paying it. This is something we need to consider as well - the fees in addition to the taxes. Property taxes haven't gone up, but with an increase in state, county and city sales taxes last year, we now pay 10.75%. Which really adds up when you need to buy building supplies.

Still, LA offers the mountains, beaches and deserts all within a few hours drive. That's hard to beat.

Missed you last week. Didn't realize I'd become addicted to seeing your smiling face once a week.

Take care.

Welcome back thanks for the weekly dose of inspiration and wisdom.Any more info on the new tax laws would be great help..

Dean,welcome back and thanks for another inspiration I look forward to seeing that smiling face with the encouragement all the time. I am now starting to put my first deal together with some help from our members.No one saw ny journal, I have a hand written one, SOON ENOUGH I'LL HAVE SOMEONE HELP ME TYPE IT IN that story WILL BE SOME LAUGH. DEAN, in FLORIDA THERE are areas with SOME VERY VERY HIGH!!! TAXES AS WELL, BUT, AS YOU SAID do YOUR HOMEWORK FIRST. I AM Never Board not since I bought BAREM. My journal will explain some of why I am never board. Congrats on your recent venture and much success . Dean I agree with you in saying No matter what category in life we're at, all the natural does not pick or choose to bring it's package and drop it off full force. Sometimes we get drop by drop or we just have the whole package tossed at us standing or sitting. can we pass it on to someone else? can we say oh no not now? We have to accept it, and move on. I am talking about, sickness,loss,challenges, fears, worry, disappointments etc. A few yrs ago I had a sever tragedy, after recovery I made my mind up and took this moto "I do what I can today I solve what I can today. things that cannot be solved or done today will be done at a later time or day. as for task as long as there is a beginning to anything I start I Definitely will finsh it. I am a self motivated person."My REI Career depends on you and my whole DG Family even I am self motivated. Thanks Dean and all our members. My first deal begins today. Veronica

I dare say absolutely "NO!" To me, positivity is like love - you can never get too much of a good thing! I love your perpetual enthusiasm Dean - keep it coming! If people want negativity, they can look anywhere else they want. No true success comes without challenges and much more! Any informed and aware person KNOWS that! Personally, I think the combination of your positive enthusiasm + the wealth of your real estate knowledge and experience... are what draw me to YOU! You're the best, Dean - thank You! In Appreciation! Trisha