Description

Mindset is a set of messages you believe about yourself. What you believe about yourself and your circumstances can be instrumental in your success and also a factor in your failure. It's tough enough to change your mind, but is it really possible to change your "mindset?" Hint: the answer is yes, but it requires conscious effort. It's beyond messaging -- you must truly believe the message and consistently work to apply the growth mindset. How do we develop this? How do we maintain it?

Much of what has happened to you has been beyond your control, but thankfully your current circumstances need not define you. Your identity will be found in how you choose to respond. And there's the key - it's a choice. Today we will explore this topic with my good friend Malhar Bhagat and provide some action steps that will help you adopt a growth mindset.

How to contact us

www.RogerBlankenship.com. Leave a voicemail right from the home page!

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Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind. 

Sponsors

American IRA: www.americanIRA.com

FlipStarter Online! www.flipstarteronline.com

Announcements:

• The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.  
• Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
• FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities . 
• “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.

News: 

• Low inventory and low interest rates are pushing up prices even in a pandemic. As I predicted back in March. https://www.housingwire.com/articles/in-a-hot-housing-market-gap-between-purchase-price-and-appraiser-condition-ratings-cause-headaches/
• Thinking about refinancing? There’s a new “gotcha” fee from Fannie Mae and Freddy Mac https://finance.yahoo.com/news/fannie-freddie-impose-fee-most-023601924.html
• A bit more evidence my earlier prediction will be right. We still have 4 months to go. https://www.housingwire.com/articles/median-home-prices-grew-in-96-of-metros-during-q2/ Also, see the hottest markets in terms of avg price gain.
• My buddy Logan Mohtashami agrees. https://www.housingwire.com/articles/heres-why-we-wont-see-a-housing-crisis-after-covid-19/
• It’s long been possible to “buy down” the interest rate on a loan. This one can cost $5-10k. Perhaps worth it if you plan to stay awhile. https://www.housingwire.com/articles/uwm-1-99-30-year-mortgage-rate-comes-with-a-catch/

Topic: Mind Set with Malhar Bhagat

Questions: 

• Jennifer, Oklahoma City, “Am I too late to join the Buyers Club?” 
• Swanson, Springfield, OH, “I love my job, but I want real estate. I know I can buy rentals, but I want to do it right when I do. Can you help? What other options are out there for me? I have about $60,000 to invest.”

Motivational Thoughts for the day

“Happiness depends on your mindset and attitude.”

― Roy T. Bennett, The Light in the Heart