"Expect the unexpected, my glorious good now comes to pass…"

— Florence Scovel Shinn

Explore Step 2 in the millionaire maker journey—building valuable relationships.

Understand the impact of deed restrictions vs. CCRs and how they follow the land.

Everything you need to know: How much, when, who holds it, and who gets it.

Why your loan might not require it, but you should. Learn about the inspection period, seller disclosures, and pre-sale inspections.

Discover why paying attention to your rental property can be a step towards ownership. Insights into learning the market and understanding property values.

Why are some people more successful than others? Success isn’t a secret—it’s a system. Courage and endurance play key roles.

Is investing in land a good idea? Explore end goals, appreciation, and loan options. Get insights on cash flow and long-term costs.

What will happen after the election? Predictions on buying, selling, renting, interest rates, inflation, and the economy.

Tune in to dive deeper into these topics and more on Backyard Millionaire Radio!

Welcome to another exciting episode of The Backyard Millionaire! Today, we're unraveling the secrets behind landing the deal of the decade, exploring how you can jump into real estate investing with no money down, and leveraging renovation loans to boost your property's value.

Grab a copy of my books HERE!!

Can you judge a book by it's cover?

Chris and Tiffanie Story delve into the mindset of millionaires and what success looks like in real life, vs. the make believe of TV or Social!

www.ILoveHomerAlaska.com

Today's show:

- **Identify Lucrative Properties**

- **Maximize Buying Power through Financing**

- **Manage and Grow Investments**

- **Navigate the Real Estate Market Confidently**

**Special Offer:**

- **Free Digital Copy**: Text your first name and email for a free copy of "The Millionaire Maker."

---

Segment: The Power of Generosity

**Key Points:**

- **Start with Small Acts of Kindness**

- **Lead by Example**

- **Experience the Joy of Giving**

- **Incorporate Giving into Daily Life**

---

My Island Read: "The Master Key to Riches" by Napoleon Hill

**Core Concepts:**

- **Define Your Major Purpose**

- **Maintain a Positive Attitude**

- **Take Persistent, Consistent Action**

---

Segment: What Waiting Costs

**Insight:**

- **Real Estate Value Increase**: 2008 home at $300K now worth $500K.

- **Missed Equity**: Delaying purchases means lost equity.

---

Airplane Etiquette Tips

**Tips:**

- **Keep Shoes On**

- **Avoid Strong-Smelling or Noisy Snacks**

- **Proper Overhead Luggage Placement**

- **Respect Carry-on Size Limits**

- **Be Considerate of Seat Space**

- **Prepare Activities for Kids**

- **Be Kind to Flight Attendants**

- **Be Courteous Boarding in First Class**

---

**Subscribe and Share:**

- Subscribe for updates.

- Share with friends interested in real estate and financial growth.

www.ILoveHomerAlaska.com

Welcome to The Backyard Millionaire! Start your journey to financial independence by embracing our creed: invest in yourself, trust your instincts, and never invest emotionally. Aim for win-win negotiations, fill a market need, and persist until you win.

**Alaska Airlines... Shame on YOU:**

Earn 3 miles per dollar on rent with the Alaska Airlines Visa Signature® card, but beware—credit card debt in America is at an all-time high of $1.2 trillion. Interest rates average 24%, making these schemes dangerous if not managed wisely. Remember, the house always wins!

**The Law of Leverage:**

You can’t save your way to wealth, but you can invest wisely. Debt should be used cautiously. Paying rent with a credit card can lead to compounding debt. Always handle other people's money responsibly.

**Inspiration from Arthur Ashe and Thomas Edison:**

Arthur Ashe's legacy reminds us to start where we are, use what we have, and do what we can. Edison teaches that persistence is key to success. Don’t give up; always try one more time.

**Bruce Lee and Thoreau on Goals:**

Bruce Lee suggests that goals often serve as targets rather than endpoints. Thoreau advises us to build foundations under our dreams, making them achievable.

**Case Study: Buying a Family Home:**

If you’re considering buying a family home in need of repairs, start with a broker’s opinion of value, estimate repair costs, and possibly get an appraisal. Maintain fairness and seek third-party opinions to minimize risks.

**What to Expect When Inspecting:**

Hire a licensed inspector, get referrals, and be present during inspections. Review reports calmly and differentiate between must-fixes and wants. Revisit the property to assess issues in person.

**Leverage X Effort = Gold:**

Wealth-building requires effort and patience. It’s a slow process—crawl, walk, then run. Expert investors are cautious and deliberate, recognizing the value of time and strategic investment.

**Millionaire Maker:**

Check out "Millionaire Maker," now available in print and as an ebook on Amazon.

The Backyard Millionaire Creed

- Invest in yourself, trust your instincts, and avoid emotional investing.

- Negotiate with a win/win mentality, identify market needs, and plan for the future while living in the present.

- Persist until you succeed!

**Guest Interview: Amanda Miotke**

- Real estate inspiration and balancing career with motherhood.

- Motivation and lessons from running the Boston Marathon.

- The impact of personal goals on family life and advice for aspiring moms.

**First-Time Homebuyer Primer**

1. Locating a reliable realtor.

2. Assessing financial readiness.

3. Defining needs vs. wants.

4. Navigating the real estate market effectively.

**Pity the Pessimist No More: Cultivating Optimism**

1. Understanding learned optimism.

2. Practicing positive thinking.

3. Building resilience.

4. Enhancing overall well-being.

**Real Estate: The Sacred Cow vs. The Sacrificial Sow**

- The enduring value of real estate compared to stocks.

- Benefits of real estate ownership and long-term investment.

**Mind Bender with AJ's Old Town Steakhouse**

- Exploring the power of exponential growth and penny doubling.

**Chapter 6: Insights from "The Backyard Millionaire"**

- Money as a tool for achieving goals, not a replacement for personal agency.

**Audience Question: Residential vs. Commercial Investment**

- Initial focus on residential for simplicity and demand.

- Exception for existing homeowners with a business renting commercial space.

**Closing Thoughts**

- Wealth accumulation through investment and prudent financial management.

www.ILoveHomerAlaska.com

www.ILoveHomerAlaska.com