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Thank you 2010! Let us keep moving forward in 2011…

Jay Castillo — Tue, 25 Jan 2011 06:00:08 +0000

Although it’s already 2011, I simply cannot let 2010 go without giving thanks for another year full of blessings.

Let me look back at 2010 for one last time to give thanks and count the blessings for the year that just passed.

After all, 2010 was the year…

Goodbye 2010, Hello 2011!!!

I quit the rat race

2010 was the year I quit the rat race and got to enjoy what I believe was by far my most stress-free year ever in my adult life! Yes, there were also stressful moments (more on this later), but if I compared this to the job I left in the corporate world, it’s like a walk in the park! It’s also so much more fun, rewarding, and healthier!

But wait, before anyone out there gets any ideas, you need to consider a lot of things before you can really quit your job. I’ll discuss these in another post.

We won the apprentice challenge

In 2010, I also got to be part of the team that won the first ever apprentice challenge and I got to meet so many people, most of whom became good friends and mentors, for which I am so thankful.

I did however decide to leave the RYP team later on. One of the reasons I left was because of too much stress, which I found to be unhealthy. I also needed to focus on a lot of things left undone. Let’s just say things did not work out the way they were supposed to.

I did stay on to finish the coaching program initiated by Trace Trajano but I should have trusted my instincts.

Update dated June 2, 2011 – After much thought, I have decided to leave Trace Trajano‘s local coaching program and my role as one of the local coaches. I would also like to inform everyone that I am not part of Trace’s other programs.

For those who don’t know, I was once a student of Trace, and I was also part of the team that won his first apprentice challenge, although I decided to leave the RYP team last September 2010. I became one of the local coaches as part of the now defunct Terrific Trio University. I also helped promote his seminars in the past including TRQ 1.0, TRQ 2.0, TRQ Cebu, his quick cash seminars, and the last one was TRQ 3.0.

It has also come to my attention that some materials that Trace used in marketing some of his seminars might make it appear that I am one of his partners. I would like to make it clear that I am not a business partner of Trace Trajano.

Things did not turn out as planned, but lessons have been learned, and I feel it is time for me to move on. ~ end of update ~

Nevertheless, I’m still very thankful for the whole experience and for all the lessons learned.

One of the happiest places on Earth

Last August 1, 2010, we were finally able to attend The Feast at the PICC. I really wanted to attend The Feast sooner, as in a couple of years sooner at the Valle Verde (beside ULTRA), but I wanted to do so with my wife and our son.

When my wife heard about The Feast at the PICC, I was surprised when she insisted on attending. I even played hard to get and asked if she was serious. It turned out she really was and we have been attending regularly ever since. I guess this was one of those examples where things will fall into place, in due time, with the help of prayers of course!

To our sources of real estate investments

Thanks again to the various banks in the Philippines and other lending institutions whose listings of foreclosed properties and repossessed cars were featured here in Foreclosure Investing Philippines. Please keep them coming in 2011 as I’m sure a lot of people out there are just like me, and always look forward to finding good real estate investments through your lists.

To my mentors and friends

I am even more thankful to all my mentors for real estate investing and internet marketing that I mentioned in my thank you post for 2009. I continued to learn a lot form all of you in 2010.

It was also great helping facilitate Larry Gamboa‘s Think Rich Pinoy Seminars where I not only got to see the likes of Larry, Bo Sanchez, Alvin Barcelona, Randy Manaloto, Jay Mclean, Victoria Lucker, etc., I also got to know better the Think Rich Pinoy franchisees, team members, and a lot of seminar attendees.

Other awesome events worth mentioning are the Internet Marketing Boot Camp, The Money Summit and Wealth Expo, John Calub’s How to become a Money Magnet seminar, Maven Secrets (I re-attended to review and sharpen the saw), and Roy Alejandrino’s Strategic Investing and Practical Fundamental Analysis.

In some of the seminars above, I not only met friends and mentors, I also met business partners.

2010 turned out to be very interesting because my wife started to attend seminars with me. Several years ago, she would often say things like “Puro ka na lang seminar, wala ka namang napapala diyan…” (In english: “You’re always attending seminars but you get nothing out of them…”). Now the tables have turned.

To my dear readers and subscribers

I would also like to thank YOU, for taking time to read what I have to share here in Foreclosure Investing Philippines. I owe the success of FIP to all of you and I shall always be gratefull.

Sorry if I may take a long time to answer the avalanche of e-mails, comments, and text messages, or if I have failed to answer them at all. I guess I was not prepared for these last 2010. Hopefully I’ll find a way to multiply myself through better automation, virtual assistants, and outsourcing.

Speaking of outsourcing, a good example would be the time when I outsourced the transfer of the title of one of my properties. I hope to do more of this in 2011.

My thank you’s won’t be complete…

Of course my thank you’s won’t be complete without mentioning my wife and my son, who I love so much and inspire me to do what I do, and to our God Almighty for everything, none of which would have been possible without him!

By the way, today is our 7th Wedding Anniversary, and my son recently celebrated his 6th Birthday. I guess it’s about time for another “baby project”.

Thank you also to my family, friends, and just about everyone out there who has helped in one way or another. Of course, there are so much more things to be thankful for in 2010, but I guess putting them all here might not be a good idea as this is already too long as it is, so this will have to do. Remember to count your blessings too!

Let us all keep moving forward in 2011!

To our success and financial freedom!

Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Follow me in Twitter: http://twitter.com/jay_castillo
Find us in Facebook: Foreclosure Investing Philippines facebook page

PS. Don’t be the last to know, subscribe to e-mail alerts and get notified of new listings of bank foreclosed properties, public auction schedules, and real estate investing tips. Mailbox getting full? Subscribe through my RSS Feed instead!

Photo credit: Eustaquio Santimano, on Flickr

Thank you 2010! Let us keep moving forward in 2011… is a post from: Foreclosure Investing Philippines

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An invitation to Bo Sanchez’ How To Become Truly Rich Seminar and Why we need to fail!

Jay Castillo — Tue, 26 Jan 2010 03:41:37 +0000

As mentioned in my post: Manage your finances to get ready for your first real estate deal, I was able to conquer feelings of frustration and continue on my quest for financial freedom when I attended Bo Sanchez‘ How to become Truly Rich Seminar last July 21, 2007. How time flies, that was more than 2 years ago!

If you haven’t attended what I refer to as a “life changing” seminar, this is your chance! This is the same seminar that has helped me get ready for abundance by establishing a solid foundation when it comes to managing finances and correct myths about money that were pulling me down. Please continue reading to learn more.

Attending seminars is one thing but taking action even if there is a chance for failure is a totally different thing. As usual, Bo makes this very easy to understand through the article in his newsletter below.

Why You Need To Fail

Join Me At My How To Be TrulyRich Seminar.

February 6, 2010, 8:30am to 12:00noon

Mandaluyong, Metro Manila

Last week, I had lunch with a friend I’ve known for the past thirteen years.

Let’s call him Patrick Passive.

Thirteen years ago, Patrick and I were in the same financial boat. We had very little money. We lived by the day. We had zero financial wisdom.

Today, thirteen years later, we’re poles apart.

I’ve moved on. I now have 16 income streams. I’m an entrepreneur, with interest in many small businesses. I bought foreclosed properties and rent out a few condos. I also invest in the Stock Market—both here and in the US—and other Mutual Funds.

In the meantime, Patrick has remained stuck. Over lunch, he told me that nothing has changed since the last time we met thirteen years ago. He said, “I’m still in debt, Bo. My income is still barely enough to get by. I still don’t have financial freedom.”

I felt the heaviness in his heart.

Patrick asked me, “Bo, what did you do that I didn’t do?”

“Just one thing, Pat. I failed and you didn’t.”

“Huh?” He looked at me like I was talking Martian.

I explained. “These past thirteen years, I’ve attended many seminars that were a total waste of time. I started 8 businesses where I lost a ton of money. I got into investments and got burned big time. I’ve succeeded more because I failed more.”

Patrick nodded. “In other words, you acted and I didn’t.”

I also discovered other obstacles in his thinking. I sensed that Patrick was comfortable with his poverty—because that was what he was familiar with. He was trapped in his fear. He saw himself as a poor person. He even felt that God wanted him to be poor.

I also met old habits that were sabotaging his prosperity. How he saved for his future (yes, he was saving, but in the wrong way).

How he paid his debts. How he spent his money.

When we parted, I felt a greater passion to give my seminar again, How To Be Truly Rich Seminar. I want more people to gain financial freedom. I want more people to learn how to prosper.

Join me on February 6, 2010.

For more information, click on at the link below.

Tell me more about the How To Be Truly Rich Seminar

May your dreams come true,

Bo Sanchez

PS. After you join the How To Be Truly Rich Seminar, you can then join my powerful two-day Truly Rich Financial Coaching Program on February 19 and 20, 2010. My mentors and I will help you create multiple income streams. But I’ll tell you more about that later. First, get into my How To Be Truly Rich Seminar. Change your financial life. Click on the link below:

Tell me more about the How To Be Truly Rich Seminar

PS2. For those who don’t live in Manila, you can just get my seminar online. Join my Truly Rich Club and get the seminar in audio format along with a truckload of materials to help you create financial abundance. For more information, log on at www.TrulyRichClub.com now!

*If you didn’t notice it, Bo mentioned that he also bought foreclosed properties in his newsletter above. This is why I also consider Bo to be one of my mentors when it comes to investing in foreclosed properties and real estate investing.

Some thoughts on money

Lastly I would like to share some thoughts about money.

Money is just a tool and it is up to us to use it for good or for bad.
There is nothing wrong with striving to become rich if the ultimate purpose is to use it to help others.
We are just stewards and all the blessings we receive were only entrusted to us. It is up to us to make good use of it during our stay.

Imagine what more we can do to make a difference in this world if we have the capability and resources to do so!

Happy learning!

—

To our financial freedom!

Jay Castillo
Real Estate Investor
Real Estate Broker License #: 20056
Blog: http://www.foreclosurephilippines.com
Click here to contact me via E-mail
Mobile phone (Call/SMS): +639178843882
Follow me in twitter:http://twitter.com/jay_castillo
Become a Fan in Facebook:Foreclosure Philippines fan page

PS. If you are a new visitor, please start here to learn more about foreclosure investing in the Philippines.

PPS. If you feel that anyone else you know might benefit from this post, please do share this to them and don’t forget to subscribe to e-mail alerts and get notified of new listings of bank foreclosed properties, public auction schedules, and real estate investing tips. If your inbox is getting full, you may subscribe through my RSS Feed instead.

An invitation to Bo Sanchez’ How To Become Truly Rich Seminar and Why we need to fail! is a post from: Foreclosure Investing Philippines

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Thank you and farewell to 2009! Happy New Year to all!!!

Jay Castillo — Thu, 31 Dec 2009 15:45:55 +0000

We say goodbye to 2009 and give thanks for a very memorable year. In 2009, we marked the first year anniversary of Foreclosure Philippines, although I never got around to creating my first anniversary post. Actually, October 31, 2009 was the day of our first anniversary. Nevertheless, I just want to mark that day as we bid farewell to 2009 and I would like to take this opportunity to look back at 2009 for one last time.

Looking back at 2009

The last sunset for 2009

My target for 2009 was to get out of the rat race with the help of acquiring at least 4 income generating properties. Thanks, or rather no thanks to Typhoon Ondoy, I was only able to get 3. Not bad! I still consider buying 3 foreclosed properties in a year to be an accomplishment. Now I just need to get a tenant or a buyer for my 2 remaining vacant properties. All I need is to focus and dedicate more time to marketing them. Wish me luck!

By the way, thanks to the 3 month moratorium for amortization payments given to Pag-IBIG borrowers affected by Typhoon Ondoy, I am technically out of the rat race while the moratorium is in place. I guess now you have an idea how much more passive income I need to get out of the rat race permanently in 2010.

I also remember at least 3 visitors/readers who have actually bought their first investment properties. Each time I learn about new investors buying their first properties, I can’t help but feel a sense of satisfaction and accomplishment!

Of course I have a lot of plans for the coming new year. I have a lot of things to improve on, lots of changes that need to be done, and also a lot of challenges to face and address. I guess I’ll just share more about these in my next post that welcomes 2010…

For now, let’s just focus on 2009. It really was a very memorable year to say the least and I would like to thank all of you who have been with us through it all.

Thank you to my mentors in real estate investing, financial literacy, etc…
I would like to thank my mentors and fellow real estate investors who have been a big help for me in 2009, most of whom I have had the honor of meeting in person, others I have met online, and a few through their books. These include Robert Kiyosaki, Bo Sanchez, Larry Gamboa, ~~Trace Trajano~~, T. Harv Eker, Tim Ferris, Thea Santos, Ronald and Weng Cagape, Eden April Alemania, Jessie and Apple Raquel, Engineer Enrico Cruz, Kuskos Balungos, CondoInvestor, Gleceper, Jon Abaquin, Dodie Felix, John Calub, fellow TRP Club Marikina Members, Earth, fellow brokers from REBAP MRCI and REBAP National, fellow forum members of PinoyMoneyTalk.com, my broker, my contractor, and all fellow investors who I have met during auctions.

…our sources of income generating properties…
Of course I would also like to thank all banks in the Philippines, SPAV’s, Government Financial Institutions(GFI’s), auction specialists like Property Forum and CBRE, private lending institutions, and cities and municipalities who have made available their various listings of foreclosures, foreclosed properties or acquired assets, and repossessed cars.

…and also to my mentors and fellow bloggers from the blogosphere…
I would like to thank Jomar Hilario, Anton Diaz, Joel Christopher, Ian Del Carmen, Tyrone, Dinah, James, Melo, Fitz, Roel, Sel, Marhgil, Jan, Snow, Manuel, fellow attendees of Anton’s Maven Secrets Program, fellow attendees (and members of the online version) of Jomar’s Internet Marketing Workshop, and a whole lot more. All of you guys have helped me in one way or another, sometimes without you even knowing it.

It goes without saying…
And I also thank my loving wife and my son CJ who really are the main reasons why I want to become financially free, all family members and friends who have been patient and supportive as I continue on this journey to financial freedom and to our Almighty God who has made all of this possible.

… and last but not the least, a big thank you also goes out to…
All of the readers and subscribers who have been with us through thick and thin in 2009. Thank you to all of you who are in the same quest as I am. Thank you for all the words of encouragement, questions, comments, and concerns raised that I have received through the comments section, e-mails, text, and also from those who I have had the pleasure of meeting like Mike, Dan, Paula, and Roel who I have met recently. I thank each and everyone of you!

A Prayer that helped me all throughout 2009
As 2009 ends, let me share with all of you one prayer that has not only helped me survive 2009, but also thrive in spite of all the challenges that have come my way.

The Serenity Prayer

God grant me the serenity
to accept the things I cannot change,
the courage to change the things I can,
and the wisdom to know the difference.

With that, I say goodbye and thank you to 2009 and wish everyone only the best for 2010!

Happy New Year and Happy Investing!!!

To our financial freedom!

PS. If you are a new visitor, please start here to learn more about foreclosure investing in the Philippines.

Thank you and farewell to 2009! Happy New Year to all!!! is a post from: Foreclosure Investing Philippines