mmmm Coffee!

I had a few inquiries yesterday whether I was packing it in, this is far from what is happening. We are actually simplifying and this involves getting rid of quite a few of our current properties.

Most of them are rooming houses which although they have been a huge source of income for us over the last five years, have also been a drag on our morale. Originally there was three of us working together doing all the required work, but over the last nine months I have been dealing with all the tenants basically alone and it has just worn me out.

So we are simplifying things by getting out of all but three of these units currently. For someone willing to put in the work and eager to get some great cash flow it will be a tremendous opportunity. I just wouldn’t recommend renting out 48 rooms to tenants all on your own!

As for some of our other properties, perhaps we are just getting lazy, but we have the one property in the NE (Marlborough Park) we are selling and then we have another couple coming up over in Bowness as well. These properties are both about a 45 minute commute for us, we have made our money off of them and are ready to pass them on to someone else looking for a great deal and who will profit for many years to come.

We will spend the next several months re-balancing our lives,  simplifying and/or removing our headaches and then come back harder and faster than ever. We have some fairly simple plans for 2010 which involve getting back to our original business model which allowed us to be successful for so long.

2010 will involve plenty of Real Estate and there will be many new opportunities for people to become involved with us for short term investments and more Joint Venture partnerships. If you want to jump on our bandwagon and come along for the ride be sure to contact us, be sure to follow my postings and be sure to buy me a coffee!

I get exposed to many different programs and events every month and I had a friend approach me about a venture he is involved in. In fact, it’s a joint venture, not just a venture. It’s a program to teach people to form their own joint ventures for anything from Real Estate to vacations to credibility.

In fact, he is joint venturing with me by having me send this out to my readers. I have to be up front, I will get paid a referral fee if people from my list attend. I have not personally attended any of this group’s events, but the fellow who approached me, John Thiessen, has become a good friend who is in the process of making joint ventures an integral part of his life.

John is a great fellow with incredible integrity, so if he is attaching his name to it, I am behind him as well. Now a bit more information about what this program is about.

This one day joint venture event is a full day covering how to approach potential joint venture partners and how joint venturing works. It covers how to create powerful offers that joint venture partners won’t be able to refuse and it shows how to remove all the risk involved in joint venture deals.

The event takes place Saturday November 14th and is an all day event. Cost is $497 per person and you can bring one additional person for only $97 more. To purchase tickets to this event, you can call 1-877-888-1757 or visit http://www.tixonthesquare.ca. Currently there is also an early bird special which will save you $100 if you book prior to Nov. 7th.

Additionally if you want to listen in to a free joint venture conference call (you will have to pay long distance charges), on Tuesday October 27th, you can contact John Thiessen at jtanchor@gmail.com and he can forward you all the additional information you need. Or check out http://www.jointventurealberta.com for more information