It is clear that different people have different definitions of wealth, but for former musician Marco Kozlowski, the definition of wealth is not just about how much money you have, but how one can make the most of a combination of both time and money. He considers himself wealthy because, in addition to his money, he has been able to follow his dreams and raise a wonderful family, including his wife and his four children, without having to sell his time at a rate that is less than he is worth.
Marco Kozlowski Success Events
One thing Marco Kozlowski wants everyone to know is that the path to wealth is rarely easy. In his case, in fact, it was quite the struggle. At one point, Marco was a concert pianist and, like many in his position, he was young and broke, even though he had a family to take care of and support. Because of this, for some time he accepted just about any type of hourly work as a way to make ends meet. And he barely did so.
At one point, Marco Kozlowski decided to move to Ottawa to make his dream of owning his own music school come true. The move was both scary and difficult, but he allowed his hopes to take charge over his fears. That first music school worked out so well, he opened another in Florida. He had no idea at the time, but that move opened up his world and provided him with many opportunities he could never have predicted, because that was when he focused on real estate as a way to create wealth.
Marco Kozlowski – Luxury real estate investing
The average real estate agents earn about $50,000 a year. If you venture into the luxury real estate, you can make the same amount in just a single deal. The real estate investor tagged as the luxury home guy; Marco Kozlowski was able to make $81,000 in just one deal. In fact, it was his first luxury real estate deal. If you want to invest in luxury properties, then take into consideration these tips:
Be a local expert – it is important to be an expert in the luxury real estate for you to profit from it. If you can unprepared, then you will end up losing all your hard-earned money. So, before you even start venturing into luxury real estate make sure you get the right education first. Marco Kozlowski is a luxury home guy who conducts real estate training to people who want to become an expert in the luxury real estate. It is a great source of fundamental knowledge including the secret strategies to become a successful luxury real estate guy.
Co-market with high-end realtors – It is important to network with others. In the real estate business, the more people you know the better for your business. as you know, venturing into luxury real estate deals is not cheap. It requires money. If you don’t have ample money at hand, then you might want to co-buy or co-market with others. There is plenty of ways to venture into luxury real estate even if you don’t have enough money at hand. When Marco Kozlowski started venturing into the real estate business, he didn’t have much money but it didn’t hinder him to be successful in his endeavor. Today, he is one of the most successful real estate investors focusing on luxury real estate niche.
Immerse yourself in the luxury world – To fully understand what the luxury real estate is all about, you need to immerse yourself in it. By doing so, you will be familiar with the preferences of your target market. You will also learn various ways to profit in the luxury real estate niche.
Study the best luxury real estate agents – Find out the real estate agents who are doing extremely good in the business. As much as possible, associate yourself with them. If they hold real estate events, make sure you find time to come to their event because through it you will be able to learn a lot.
Marco Kozlowski Real Estate Events
Marco Kozlowski; the luxury home guy, holds real estate events. If you wish to become a luxury real estate pro, then you should come to his event. It is an opportunity to learn straight from the pro.
When opting for a mortgage loan, your financial position should be on top of your priority list. After gauging your financial situation, the next step is to know what kinds of mortgage loans are available in the market. Compare the different types, especially the maximum benefits you can get from them.
Types of Mortgage Loans
Below are the common types of mortgage loans available today:
Fixed Rate Mortgage As the name suggests, the loan rate remains unchanged throughout the life of your mortgage. In other words, what you are paying every month will be the same throughout the course of your mortgage. The advantage of fixed mortgage rate is that your loan will not be affected by the sudden rise in the interest rates. It will be easy for you to organize your budget. The loan terms vary from one lender to another. Some offer 15 years, 20 years, 25 years, 30 years while others can offer up to 40 years. You just have to remember that the longer the term, the higher the interest rate will be.
Adjustable Rate Mortgages This type of mortgage loan offers a flexible term and typically adjusts to the latest market trend. When the interest rates are low, then you can opt to modify your loan. The interest rates vary depending on the financial index of the current market. In other words, your monthly payment may go up and down. As a home buyer, you should be prepared in advance as you will be facing unsteady payments. You don’t have to worry though because you always have the option to resettle the terms or even refinance to get a much better deal.
FHA Loans The Federal Housing Loan is a secure and reliable type of mortgage loan. It benefits both the borrowers and the lenders. It is backed by the US Government, and so it is more convenient than the traditional loan. This is perfect for people with a not-so-good credit score and doesn’t have enough money for a down payment. It also has a low closing cost, small mortgage insurance, does not require a credit score, and comes with easy terms and conditions.
VA Loans The Veterans Administration loan offers a low-cost insured home mortgage loan. It can be a big help whether you are buying a home for the first time or planning to refinance your mortgage. For you to be eligible for a VA loan, you should be a veteran, a surviving spouse, or a military-related individual. Some of the advantages of VA loan include credit flexibility, no down payment, competitive interest rate, low closing cost, and no mortgage insurance.
Learn more about Freedom Mortgage Corporation
If you are planning to buy a home or refinance your existing mortgage, then you should do your research well to find a mortgage lender that offers the most favorable deal. Freedom Mortgage Corporation is one of the names you can trust when it comes to mortgage lending. It offers different types of mortgage loans for first-time home buyers and to people who are planning to refinance their mortgage. It has been in the industry since 1990 and for more than 25 years it has successfully helped a lot of people in making their home ownership dream come true. The Better Business Bureau gave the company an A+ rating. This simply goes to show that the company is credible and highly reputable. Contact Freedom Mortgage now to find out your available options.
Many years ago, Marco Kozlowski made the momentous decision to leave his home in Montreal, where he was a musician and did odd jobs just to support his family, and move to Ottawa to make his dream come true and open his own music school. That was certainly a scary and difficult move to make with his family, but it was also the first time he allowed himself to be bold, and let his hopes and dreams overtake his fears. It was a terrific move, but it also led him, rather unwittingly, to a large number of opportunities he never would have imagined before.
That’s because that first music school worked out so well, Marco Kozlowski decided to open another in Florida. The search for a location for his school actually opened up his world to the possibilities of real estate. Almost as soon as he arrived in Florida, he started to understand the value of a shift in focus to the real estate industry. It was certainly more promising than taking odd jobs and just trying to make ends meet. He attended a real estate event that made him realize that real estate was a better way of building wealth.
Unlike his previous practice of working at various pursuits where he traded time for money, real estate allowed Marco Kozlowski to save both money and time. He made sure he learned as much as possible and he made a lot of money in his real estate pursuits and his innate desire to give back and help others led him to share his experience and give more people the opportunity to learn what he had. That is why he created a system with the goal of showing others how they could achieve the success he had.
House flipping is one of the commonly used real estate investing strategies. Aside from the profitable margins, many people venture into house flipping because they enjoy fixing houses. If you are a real estate investor like Marco Kozlowski and you would want to begin fixing and flipping houses, then there are a few important things you need to keep in mind. To begin with, you have to know some of the house flipping myths and the truth behind it.
You need to have adequate money
Many people think that for you to be able to start flipping houses, you need to have adequate money. Newbies, in particular, believed that a sufficient money at hand is needed to begin flipping houses. This is not true at all. Would you believe that many successful real estate investors started flipping houses with little to no money at all? What they do have is the skill, determination, and resourcefulness. If you don’t have money, you can always borrow from a lending institution. You might want to partner with someone who has the money but don’t have the time and skills. Your partner will be the one to take care of the finances while you will be the one to do the legwork. Do this for at least three to four properties. Once you have enough money at hand, then you can go solo on your house flipping project.
You need to be a handyman to flip houses
House flipping requires a lot of work such renovating and fixing the house and rehabilitating and remodeling certain areas of the house. It would help a lot if you are a handyman or a DIY buff, but it does not necessarily mean you can’t flip a house if you are not a handyman. True enough, there are tasks that can be done by you, especially if you want to reduce the overall cost of your flipping project. However, you have to keep in mind that even the DIY buff needs professional help too. Sometimes, it is best to entrust the house flipping task to professional contractors for they know what needs and need not to be done. They can get the job done in a timely and precise manner. In the real estate business, time is equivalent to money. You can maximize your return on investment if the house flipping project is done in a timely manner.
You need to follow a certain house flipping
If you think that house flipping projects are all the same and follow a certain house flipping method, then Marco Kozlowski will tell you differently. Every house flipping project is unique. Each project has a certain curb appeal and as a house flipper, it is your responsibility to bring out the curb appeal of the property so that you can sell it at a much higher price and be able to maximize your profit.
You need to sell the property after doing all the necessary repairs
Many people sell the property after completing the house flipping project. It is the easiest way to enjoy your profit. Once the property is sold, you can go on with your next house flipping project. But if you don’t have a buyer yet, your property could sit around for a long period of time. What investors usually do in this scenario is they turn the house into a rental property. The profit is not outright but overtime, you will be able to enjoy the profit. In fact, by turning your house flipping project into a rental property, you will be able to enjoy a passive residual income.