Comments on: How to Keep a Positive Perspective in a Negative Market http://www.controltoflip.com/wp/?p=63 ControlToFlip.com is a site I created to share my experiences as a real estate investor. Sat, 04 Sep 2010 19:41:44 +0000 http://wordpress.org/?v=2.2.2 By: Oliver Darraugh http://www.controltoflip.com/wp/?p=63#comment-347 Oliver Darraugh Sun, 24 May 2009 15:48:37 +0000 http://www.controltoflip.com/wp/?p=63#comment-347 March saw that house prices increased for the first time since October 2007, however some are cautioning that investors should not be expect an immediate change in the market as lenders will be increasingly more cautious going forward. http://www.telegraph.co.uk/finance/personalfinance/investing/5119055/House-prices-Is-it-time-to-go-back-into-property.html March saw that house prices increased for the first time since October 2007, however some are cautioning that investors should not be expect an immediate change in the market as lenders will be increasingly more cautious going forward. http://www.telegraph.co.uk/finance/personalfinance/investing/5119055/House-prices-Is-it-time-to-go-back-into-property.html

]]> By: jillian http://www.controltoflip.com/wp/?p=63#comment-278 jillian Wed, 11 Mar 2009 20:56:03 +0000 http://www.controltoflip.com/wp/?p=63#comment-278 Great Article. I love the positivity. It's the only thing that keeps my head straight in this market. Sometimes I forget but it's not too long before I'm reminded by someone in my circle. Great Article. I love the positivity. It’s the only thing that keeps my head straight in this market. Sometimes I forget but it’s not too long before I’m reminded by someone in my circle.

]]> By: jerseygirl http://www.controltoflip.com/wp/?p=63#comment-277 jerseygirl Wed, 11 Mar 2009 14:46:32 +0000 http://www.controltoflip.com/wp/?p=63#comment-277 Well said BirthSuit....thanks for sharing Well said BirthSuit….thanks for sharing

]]> By: birthsuit http://www.controltoflip.com/wp/?p=63#comment-276 birthsuit Wed, 11 Mar 2009 14:37:06 +0000 http://www.controltoflip.com/wp/?p=63#comment-276 Last week, my cousin who just finished performing maintenance on my car (and I paid him) left my car in 1st gear, parked at the end of the driveway. I remote started my car and it goes rolling down the driveway slowing banging into my neighbors plastic fence that I have to fix. (I was able to turn off my car from my remote abefore worst damages happen) Since I've been keeping my car in good condition for 5 years, what hurt me the most was the side strip scratches along the side of my car that I won't be able to fix now. I have to repair the fence first. Two weeks ago, on two of my short sale approved deals, each buyer's credit score fell into the 400's. About a month ago, I got a verbal short sale approval from Countrywide, but no approval in writing. (Which is not common for Countrywide to delay sending out approvals) Attorneys will not come out of attorney review unless they see that letter. I've been depending on this deal to close! I bought a timeshare in 2007 and my monthly payment is taking money out of my pocket every month. I won't plan to even use it this year and I haven't found anyone to rent it yet. I'm not bragging. I'm just telling the unexpected things that can happen that can depress you when your not making consistent income, don't have passive income, or don't have money saved up. With no deals closing, it brought me down last week. I was depressed all day and became more depressed when I started thinking I should get a job. Then I woke up the next morning with a positive attitude somehow. I must have smacked myself a couple of times in the middle of my rem cycles to bring the logic back. I just need to work harder and change some things in the way I do business because I know you can still make money in a down market. What I feel this post was missing is that when you start making money, save a bunch of it for times like now. Live below your means until you have your emergency funds saved. Then spend gradually. Since I haven't read any personal development books lately, your post reminded my subconscious to continue exerting a positive mentality. Like you wrote, a negative attitude will never work. The negative energy encourages you to think thoughts you would have never thought of if you had a positive attitude. Last week, my cousin who just finished performing maintenance on my car (and I paid him) left my car in 1st gear, parked at the end of the driveway. I remote started my car and it goes rolling down the driveway slowing banging into my neighbors plastic fence that I have to fix. (I was able to turn off my car from my remote abefore worst damages happen) Since I’ve been keeping my car in good condition for 5 years, what hurt me the most was the side strip scratches along the side of my car that I won’t be able to fix now. I have to repair the fence first.

Two weeks ago, on two of my short sale approved deals, each buyer’s credit score fell into the 400’s.

About a month ago, I got a verbal short sale approval from Countrywide, but no approval in writing. (Which is not common for Countrywide to delay sending out approvals) Attorneys will not come out of attorney review unless they see that letter. I’ve been depending on this deal to close!

I bought a timeshare in 2007 and my monthly payment is taking money out of my pocket every month. I won’t plan to even use it this year and I haven’t found anyone to rent it yet.

I’m not bragging. I’m just telling the unexpected things that can happen that can depress you when your not making consistent income, don’t have passive income, or don’t have money saved up. With no deals closing, it brought me down last week. I was depressed all day and became more depressed when I started thinking I should get a job. Then I woke up the next morning with a positive attitude somehow. I must have smacked myself a couple of times in the middle of my rem cycles to bring the logic back. I just need to work harder and change some things in the way I do business because I know you can still make money in a down market.

What I feel this post was missing is that when you start making money, save a bunch of it for times like now. Live below your means until you have your emergency funds saved. Then spend gradually.

Since I haven’t read any personal development books lately, your post reminded my subconscious to continue exerting a positive mentality. Like you wrote, a negative attitude will never work. The negative energy encourages you to think thoughts you would have never thought of if you had a positive attitude.

]]>