It was June 2 and it was the team’s last workshop in Downer’s Grove because they will be moving to the Sears Tower.

The team did not beat around the bush anymore though and went into business, they talked about the law that got shelved that would have put a new surroundingon the neck of the self employed because they no longer going to have stated loans and what that means is that if you don’t have a W2 but you have a 401K you would not be able to utilize a stated income loan. The team finds the bill disagreeable because there are so many things in the law that are terrible upsetting, according to them. Jake explained that with this law, people suddenly won’t able to use the investment that they have in their house and you take billions of dollars out of the economy just in the Illinois alone. If you took that out of the economy what would happen to Illinois as a whole? All the business rely on these people coming in for these home improvements, depot, and not just going there to buy woods.

The team also stressed that we should stop blaming other people for whatever debt we may have incurred and that once we have accepted that it is our fault that’s why we are in debt then that’s the time we can move forward. They also mentioned that success is a habit.

A caller named Jerry called in to support the team’s statement on doing something instead of just planning to do something. Jerry also told the team and the listeners how he’d bought a property which turned out to be a good deal because as time went on, several instances happened which made the property more profitable.

Another caller, Scott, asked for an advice as he is out to buy his very first home purchase where he will be allowed to stay in the house for 10 years and you are not obliged to pay anything back. The team responded enthusiastically saying that he had to check the fine print when it comes to things like these — just so he can be sure whether he can rent it out or transfer it to someone else and that whenever the Government gives you free money, take it.

The team finished off with the bottom line of the whole episode: Take the time take action decide where is your money is coming from, where is your wealth going to be created, take the time to make the plan.

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