Update as of 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 ~

Have you ever endured being away from your family just to make a living? Have you ever found yourself asking if all the money you make in exchange for the freedom to be with your loved ones was worth it? Do you find yourself asking if there was a better way to make a living?

I used to be an employee and although I was based here in the Philippines, I remember that I still found myself asking the very same questions above, even though I still get to come home to my family everyday. What more if you were an Overseas Filipino Worker (OFW) and had to live in a foreign land away from your family and loved ones just to make a living, with the belief that this is for their own good?

I had a taste of how OFW’s feel because in a way I became one when I was tasked to be part of a team that deployed an ERP system in Moscow, Russia.

During the first few days it was okay but as the days became weeks, feelings of doubt, homesickness, and anguish began to creep in. I stayed there for just about 2 months and I never went abroad for such assignments again, swearing I would never leave the Philippines just to make a living.

I would rather stay here in the Philippines and actually be with my loved ones. I guess deep inside I knew there is a better way.

There is a better way: The story of Bobet

If you have been reading the blog of Trace Trajano, best selling author of Think Rich Quick, you will recall the story of Bobet, just one of the countless Filipino nurses working abroad. Bobet worked overseas, was making good money, but really did not know much about managing his money.

While he was yet to receive his first paycheck, Bobet used borrowed money to buy doodads like a new cellphone. It was obvious that if Bobet did not change his ways in managing money, he would be doomed to working for money for the rest of his life.

Fortunately, Trace’s and Bobet’s paths crossed in the United States and Trace was able to explain to Bobet the secrets of wealth. Bobet was able to learn about passive income, the kind of income that comes in even if you didn’t work for it anymore as it is more like money working for you.

After Trace taught Bobet the concept of passive income, Bobet started a lending company, and then an internet café business in the Philippines. In a year, he became a millionaire. Soon afterwards, he opened his fifth internet café branch at SM in Bulacan. His lending business has also expanded and already operates both in the Philippines in the United States.

Yes, there is a better way! Trace mentored Bobet about the secrets of wealth and a year later he has become a millionaire. He no longer needs to work as a nurse in the U.S. He no longer misses his wife and kids. He can now kiss and hug them everyday. He has achieved in 1 year what most OFWs will never achieve in their lifetimes, unless they also learn the secrets of wealth.

To our 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
Become a Fan in Facebook:Foreclosure Philippines fan page
Text by Jay Castillo. Copyright © 2010 All rights reserved.

There is a better way to make a living! is a post from: Foreclosure Investing Philippines

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Learn from the Think Rich Pinoy TEAM who’s been buying and selling foreclosed real estate for four years now in the Philippines! Yes it can be done. You don’t need to wait for a “recession” to buy property. Get into passive income now!

Buy your seminar ticket here!

What to expect in the Think Rich Pinoy Seminars…

Aside from hearing how several young people purchased their first (or 2nd, 3rd, 4th ) properties from the bank at foreclosed rates, complete with pictures, you can expect:

1. Talk 1 – Are you Financially Ready for the Future?
2. The Theology of Money: Talk 2 – Are God and Money really enemies?
3. The Technology of Money: Talk 3 – Pinoy Real Estate Riches Today and Updates
4. The Game of Money: – Cashflow 101 and 202, play the game for 3 hours with like-minded people, guided by seasoned experts
5. Talks 4,5,6 – Real experiences in buying and selling Pinoy Properties from the actual (young) people who did them.
6. Talk 7 – The Think Rich Pinoy Clubs and Pinoy Millionaire Vision 2020

OFWs-teach your family the value of money-in a fun way-via this seminar and the board game. Buy your family a couple of seats to this November 21, Saturday,2009 event.
As you will see, the seminar/workshop is not the same as the book. It adds many dimensions of practicality to it. Come and join us as you continue on your journey towards passive income.
How? It all starts at the Think Rich Pinoy Seminars + Cashflow 101 /202 Game on November 21, 2009

Buy your seminar ticket here!

Free Bonuses:

1. The Breathlessly valuable: *Jay Abraham’s “Master of Passive Income” transcript. “How to Create Multiple Streams of Revenue That Work 24/7 For you”. This 60+ page ebook is going to change the way you think–and earn!
Who is Jay Abraham? Perhaps the world’s #1 expert on Passive Income and #1 Guru of Gurus when it comes to marketing. This ebook’s value alone is more than enough to pay for the seminar price.
2. Special Report compiled for Think Rich Pinoy only (not available anywhere else): The top mistakes pinoy real estate buyers commit.
3. We’re be raffling off a mentoring session: 1 Hour with Larry Gamboa. Ask him anything you want!
4. Enjoy a MARKETING TABLE, where you can leave your calling cards, brochures for people to pickup.

Attend the Think Rich Pinoy Seminar with Cashflow 101/202

Join Larry & The TRP Team

What : Think Rich Pinoy Workshop

When : November 21, 2009, Saturday

Where: PhilamLife Building, Manila

Text : 0915-499-1999 to get your slot or

Email: thinkrichpinoyseminar@gmail.com

Fee:
P1975/ US $ 43 – Early Bird Fee until November 3, 2009
P 2450/ US $ 53 – Regular Fee from November 4 to November 21, 2009

You can pay through Paypal or BPI bank deposit.
See payment details and additional discounts below

Buy your seminar ticket here!

P.S. Yes, bring a friend with you and learn together. It’s better that way!
P.S. Do you have any relatives who work abroad? Tell them about this so they can sponsor you. They will be glad to, just tell them to read this website! You’ll see.

FAQs Think Rich Pinoy! Seminar

1. Who are the speakers & topics?
Mystery Speaker – Your finances
Mystery Speaker – God vs Money, Is there really a conflict?
Larry Gamboa – Think Rich Pinoy Millionaire Network, Think Rich Pinoy Vision, Think Rich Pinoy Clubs
Ronald Cagape – Cashflow Game Facilitation
Guests – Your Personal Experiences with the game
Think Rich Pinoy Franchise members- Actual Real Estate deals (around 2-3 short talks)
Autograph Signing / Q&A Session

2, What is the difference from previous Think Rich Pinoy seminars?
a. Some attendees can get to play Cashflow 202. This is a more advanced GAME w/c contains stock options (puts and calls), network marketing, easier to bankrupt and harder to leave the rat race. Don’t
know what I mean? That’s okay, play Cashflow 101 instead. 202 is designed for the “veteran player” and those who believe they have what it takes to become wealthy in a short short time.

b. To enhance enjoyment, there will be a contest among tables to see w/c one group gets out of the rat race more. If your group wins, congratulations, you have learned more!

c. People who wish to leave brochures, calling cards, samples to market to the seminar attendees may do so using a promotion/marketing table.

d. One of the attendees (you?!) can get to win a one hour mentoring/Q&A session with Larry Gamboa. It’s a raffle.

e. All attendees get to receive (after the event) access to special ebooks:
- Master of Passive Income – by Jay Abraham
- 10 Mistakes Most Real Estate Investors Make

f. What’s an ebook?
It’s an electronic book, you read it from your computer. The format is normally Adobe Acrobat. To read it you’ll need the free Adobe Acrobat Reader from Adobe.com

3. How to register for the Think Rich Pinoy Events so I can participate?
You can pay the seminar fee via:

Bank Deposit: BPI Account Name: ESTI-TRP(Think Rich Pinoy); Account# 8291-0083-57. (Checking)
Paypal/Credit Card: Buy your seminar ticket by clicking this link.

Early Bird Fee is P1975 (until November 3, 2009) Regular fee is P 2450

4. How to confirm my registration?
Just email thinkrichpinoyseminar@gmail.com with the scanned deposit slip or paypal acknowledgment receipt with following data: Name, Address, Email Address, Cell # and Landline # AFTER you have paid via paypal or bank deposit.

5. Can we get a group discount?
If there are five of you, you can avail of the early bird discount (P1975.-) even until the last day of payment (November 3).

6. Other discounts?
If you want to attend AGAIN, you can pay 50% of the fee (P 2450 * 50% = P 1225.00) – just P 1225.00 to attend again and play cashflow 202 or 101, perhaps to challenge yourself. But you must hurry because there are very limited slots for these.

7. Maximum number of participants?
We can only accommodate 120 participants per session.

8. Is this a scam?
No. This is a financial education seminar and Cashflow game. The game uses play money. However, if your mindset is “scam” – unfortunately this is not the place to go – you won’t find any.

The goal of Think Rich Pinoy is to create wealth –using whatever legal means-though primarily through real estate – because that’s the safest way to go. You will not be required to buy property from Think Rich Pinoy people (at any given time we actually have only a handful available properties and we don’t get investors just because they have
the money) -you go buy them from sellers out there in the world. We just enable you to start building your wealth.
Real Estate Investing Wisdom is not taught in schools. That’s why we’re doing this. But the Think Rich Pinoy is NOT an end of learning,it’s a beginning -so please do not make the mistake of thinking you’ll become wealthy because of this one seminar.

You might get one idea that can propel you to become a millionaire, it happens quite a lot. You might get it from the people, the game, the seminar, who knows? The important thing is -you’re ready to accept that idea and run with it. That’s where Think Rich Pinoy comes in-we make you ready or at least we set you off to the path of becoming
truly wealthy.

9. Can i pay on the site (UN Avenue Venue)?
You may but there’s no guarantee of being able to play cashflow as the slots are very limited. Better to secure your seat via credit card (using paypal.com Buy your seminar ticket here!) or deposit to the bank. If you’re abroad, the best way is to open a free paypal.com account, connect your credit card to it–following it’s directions –so you can buy a ticket online. Connecting your credit card to a paypal account is not a quick thing to do-so I suggest you do so now-even if you’re planning to pay later.

10. Schedule?
November 21, Saturday, 2009, 8am (we start promptly) to 6pm.

11. Venue?
Training Pavilion of Philam Life, UN Avenue, Manila

12. How to get there?

Commuting:
Go down at the UN Avenue LRT station, walk towards the Manila Bay with Manila Doctor’s Hospital on your right.
The Philamlife Building is in front of the Manila Pavilion/Casino Filipino.
Yes, it’s ironic but that’s where the Think Rich Pinoy event is held. Enter Philamlife entrance (not the casino).
Just tell the guard “Think Rich Pinoy” and you’ll be pointed to a training room just beside the nice outdoor chapel in a garden is located – so it isn’t really ironic. Just fitting.

Toilets would be opposite the direction of the training room.

Car
If you have a car, the parking is on the back of the building. You’ll have to take the other street parallel to UN Avenue, that’s Padre Faura (from Taft in the direction going to Robinson’s Place Mall Faura
Wing) and turn right at M Orosa, so you can reach the Philam Parking (w/c would be to your right.)

Map
A google earth/maps copy of the area is found in
http://fireurl.com/cggb

13. Lunch/Snack included?
Yes, we will serve a morning snack and lunch.

14. What should I bring?
If you want an autographed copy of your Think Rich Pinoy books, bring them.Bring a camera and get a photo shoot with Larry Gamboa. Why? Because it works. Most successful people do that, why shouldn’t you?
Your choice.

15. When do you plan to do a seminar here in (Country,City)?
We’re coming up with a manual on how someone in your city can host a Think Rich Pinoy event. If you’re really serious about this, please contact thinkrichpinoyseminar@gmail.com and say “I want to HOST Think Rich Pinoy” and we’ll take it from there.

Right now TRP events are all held in Manila. You can “count the cost” and fly in- like some people do or simply wait it out. The most important thing is to DO SOMETHING.

Buy your seminar ticket here!

Think Rich Pinoy Wealth Seminar on November 21, 2009: Your Passive Income Mentoring Starts Here! is a post from: Foreclosure Investing Philippines

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“Are you always sending BALIK BAYAN boxes every month or every payday, year after year?
Are you working your head off having 2-3 jobs to just earn enough for you and be able to send money home?

What if you can make your money work for you! Instead of getting 2-3 jobs, you teach how your relatives can earn money from rental properties? Wouldn’t this lighten the load.

Instead of BALIK BAYAN BOXES, why not a HOUSE and LOT, or an APARTMENT which you can rent out. It’s safe since your family can not sell it without your permission, not like a car, computer or any expensive appliances like TV.

You will be surprised to know that the amount you spend to fill up a BALIK BAYAN BOX can actually buy you a rental property that can earn you additional money.“

The quote above is the description for the now defunct “OFW earn Passive Income via Real Estate Rental Properties” Meetup group, which I was a member of.

Passive Income or doodads?

Although the Meetup group is gone for now, the message is still relevant. We often hear stories of OFW’s who send money and gifts(in balikbayan boxes) to their loved ones with the hope of coming back for good one day after amassing enough savings and/or so called “assets” like home theater systems, computers, PSP’s or other expensive gadgets/appliances, which are actually doodads since they don’t generate income and tend to depreciate quickly. After awhile they do come home and enjoy life but they then realize that their savings are already dwindling.

What’s worse is I also hear of stories of OFW’s who come home only to find out that all the money and gifts they have sent home are gone without a trace. With a heavy heart, they have no choice but to leave again to work abroad. The “rat-race” cycle continues. Of course there are those who are already enlightened and actually buy real “assets” that provide passive income but judging from the number of friends and friends of my friends who I know who are still working abroad, I would say these are quite few.

It’s really possible to be back home for good

Wouldn’t it be nice if there was a way for OFW’s to come back home for good, where they have a choice to stay with their loved ones or still go abroad in case they wanted to but not out of necessity?

In my opinion, buying foreclosed real estate fits the bill as it can provide the means to buy income generating properties that are real assets as described by Robert Kiyosaki in his book Rich Dad Poor Dad. If you haven’t read this book, I highly suggest you read it NOW!

Little downpayment needed for foreclosed property investing

Foreclosed property investing requires very little down payment which is comparable to the cost of the contents of balikbayan boxes that are sent home to loved ones. Imagine that, for the cost of a balik bayan box, one could have already acquired an investment property that can generate passive income for many years.

Passive Income and Positive Cashflow

If chosen correctly and managed well, foreclosed properties that are then rented out could generate enough income immediately that would cover the monthly amortizations along with an excess cashflow that would increase over time as the loan gets paid, and rents increase. This positive cashflow that would be coming in without depending on the amount of work put into it is passive income.

My Vision

Are you beginning to see my point? My vision would be to have OFW’s building enough passive income through rental properties which would then allow them to come back home and stay home for good, if they wanted to. While it’s true that OFW’s earn big money working abroad, I believe it would be better if they had the means to stay home and have the time to enjoy a meaningful life with family and loved ones here in the Philippines!

What to read next

The goal is financial freedom…

• Foreclosure Investing Is Not Really Just About The Money, It’s About Financial Freedom!
• Is It Really Possible To Gain Financial Freedom Through Real Estate Investing?

… But we also need financial literacy!

• Manage your finances to get ready for your first real estate deal!
• Manage your finances by becoming your own Chief Financial Officer
• How I track my expenses and manage my money

All About Foreclosed Real Estate Investing

• 9 Ways To Invest In Foreclosures And Earn Money
• 31 Questions You Need To Ask When Inquiring About A Foreclosed Property
• 4 Steps To Quickly Analyze And Short-list Foreclosed Properties
• How I Estimate Market Values Of Foreclosed Properties
• How To Easily Calculate The Return-On-Investment (ROI) For Rental Properties
• 4 Tips On How To Stop Foreclosure
• Real Estate Acronyms Every New Real Estate Investor Should Know
• What To Expect When Buying Foreclosed Properties
• Top 5 Things to Consider when Buying Foreclosures
• Why Is Investing In Real Estate So Much Better Than Investing In Stocks? (Part 1: Leverage)
• Why Is Investing In Real Estate So Much Better Than Investing In Stocks? (Part 2: Less Risks)
• Why Is Investing In Real Estate So Much Better Than Investing In Stocks? (Part 3: Control)

Lessons Learned

• Lessons learned from the Marikina Public Auction of Real Properties with Tax Delinquencies
• Pre-auction bids – Another Lesson Learned
• 9 Lessons Learned From The Real Property Tax Foreclosure Auction Sale In Quezon City
• I failed to grab my first real estate investment property… so what?!

To all OFW’s: Need To Earn Passive Income And Come Back Home For Good? Try Foreclosed Property Investing! is a post from: Foreclosure Investing Philippines

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