The Power Is Now Wealth Initative

The Power Is Now Inc. www.thepowerisnow.com

Multimedia Education Company Specializing in Real estate, Lending Banking and Financial Literacy

by Eric L. Frazier MBA President and CEO 800-401-8994 x 703

Mission The mission of the Power of Now Inc. is to inspire, educate, and empower real estate professionals, and consumers to achieve the success they desire with information and motivation that will cause them to act now. Our mission is to also provide services and support to consumers and real estate professionals that will result in greater clarity on their personal mission of financial stability and focus on living out their purpose and plan to achieve their goals.

Vision The vision of the Power is Now is to be the number one source for support, information, expertise and motivation for all real estate professionals, and consumers in the United States and the world. Our vision is to empower people to take their personal development, goal achievement, productivity and profitability to the highest level of their capability.

Our Slogan We are at our best and we maximize our success when we act now.

The Power Is Now!

The Pathway to Power & Wealth Own Real Estate Now!

The Power Is Now Wealth Initiative www.thepowerisnow.com The Power Is Now Buyers and Sellers Club

The Power Is Now Wealth Initiative The Power Is Now Inc. has created the Buyers & Sellers Club, a wealth initiative that seeks

economic empowerment for Americans by changing attitudes toward financial literacy and financial independence.

The Power Is Now Wealth Initiative The Objective of the Wealth Initative is to encourage: 1.) Knowledge - Knowledge is Power 2.) Commitment to Financial Independence - Take Individual responsibility 3.) Investment in real estate - Renting is no longer an option

4.) Financial and Credit Management - Living on budget and not abusing credit 5.) Creating Wealth - Commit to Leaving an inheritance for your family

All 5 enables Reinvestment in Children, Businesses, and Community

The Power Is Now Wealth Initiative The Power Is Now wealth initiative seeks economic empowerment for all people by

changing their mindset toward financial literacy and financial independence.

The State of Housing for Minorities Minorities are in a crises

The State of Housing for Minorities African American and Hispanic communities were hit the hardest by the Great Financial Crises and have the farthest to climb before home values get back to their pre-recession prices.

The State of Housing for Minorities The homeownership rate in the U.S. is 63.5 percent overall. The rate among whites is 71.1 percent; Asians, 57.8 percent.

Blacks 41.9 percent Hispanics 45.2 percent

The State of Housing for Minorities Economists confirmed that non-white loan applicants are disproportionately denied home loans based on the most recent HMDA Data.

The State of Housing for Minorities In 2013, 27.6 percent of blacks and 21.9 percent of Hispanics who applied for a conventional mortgage were denied, while only 10.4 percent of white applicants were denied.

State of Housing for Minorities

If housing continues to be the primary vehicle that Minorities use to create wealth then they are on the path to an Economic Crisis!

The Power Is Now Wealth Initiative www.thepowerisnow.com

10–Point Wealth Building Pledge www.thepowerisnow.com

10–Point Wealth Building Pledge "I, (state your name), from this day forward, declare

before my God, my family and my community a renewed commitment to build wealth and to leave a legacy and an

inheritance for my church, my family and my community. I pledge the following:

The Power Is Now Wealth Initiative 10–Point Wealth Building Pledge

TPIN’s 10–Point Wealth Building Pledge 1. To save and invest 10 to 20 percent of my after–tax income

2. To be a proactive and informed investor in real estate 3. To be a disciplined and knowledgeable consumer in my

spending 4. To measure my personal wealth by net worth and not my income 5. To engage in sound budgeting, credit and tax management practices

TPIN’s 10–Point Wealth Building Pledge 6. To teach business & financial principles to my children & demonstrate them in my actions

7. To use a portion of my wealth to strengthen my community and my church.

8. To be humble and not live extravagantly saving instead of consuming.

9. To ensure my wealth is passed onto my church, my children, and my community.

10.To maximize my earning power through a commitment to financial literacy and professional development.

The Power Is Now Wealth Initiative Objectives:

1. Promote Homeownership & real estate investment via online meetings & group counseling 2. Provides resources and educational opportunities for buyers and sellers to achieve their goals 3. Provide a hotline for questions and answers regarding the purchase of real estate 4. Provides business opportunities to buy and/or invest in real estate.

The Wealth Gap Black-White Economic Divide

Research Study on the Wealth Gap Brandeis University Institute of Asset and social Policy RESEARCH AND POLICY BRIEF FEBRUARY 2013

The Roots of the Widening Racial Wealth Gap: Explaining the Black-White Economic Divide Authored by: Thomas Shapiro Tatjana Meschede Sam Osoro

Research Study on the Wealth Gap Data for this analysis was derived from the Panel Study of Income Dynamics (PSID), a nationally representative longitudinal study that began in 1968. They followed nearly 1,700 working-age households from 1984 through 2009.

Research Study on the Wealth Gap â—? The goal of the study was to examine the effect of policy and institutional decision-making on how average families accumulate wealth. â—? There was a insufficient number of Latino, Asian American, or immigrant households to include in this report but the results can be applied across communities of color.

What is Wealth?

All families need wealth to be economically secure and create opportunities for the next generation. What is wealth? ● ● ● ● ● ●

Wealth is what we own minus - what we owe Wealth allows families to move to safer neighborhoods, Invest in businesses and community Save for retirement Support their children’s college aspirations Leave a legacy and an inheritance

Wealth provides a measure of security when a job loss or other crisis strikes.

The Great Recession The Great Recession of 2007-2009 devastated the wealth of all families except for those with the most. In the U.S. today, the richest 1 percent of households owns 37 percent of all wealth.

In 2009, a representative survey of American households revealed that: the median wealth of white families was $113,149 compared with $6,325 for Latino families and $5,677 for black families.

Why when the GDP of African American is 1.3 Trillion dollars and 1.5 Trillion dollars for Hispanics? Consumption!

Great Recession and Great Gap The Great Recession of 2007-2009 brought long-term high unemployment.

This underscores the critical importance wealth plays in weathering emergencies and helping families achieve financial security and opportunity Tracing the same set of families over a 25-year period (1984-2009), the total wealth gap between White and African-American families nearly tripled, increasing from:

â—? $85,000 in 1984 to $236,500 in 2009 The Gap: $152,000 and growing

Blacks & Hispanic Homeownership Rates in 1994: 40 & 42% respectively. Blacks achieved a high of 50% in 2004. In 2014 Blacks are at 42.5% and Hispanics are at 43.5% Hispanics.

Impact by Weight: The biggest drivers of the growing racial wealth gap are:

1. Years of homeownership 27% 2. Household income 20% 3. Unemployment, 9% which is much more prominent among AfricanAmerican families 4. A college education, 5% 5. Inheritance, financial support by families 5% 6. Preexisting family wealth, 3% 7. Labor market instabilities ?% 8. These fundamental factors count for nearly two thirds (69%) of the proportional increases of the wealth gap.

The Power Is Now Wealth Intitative Homeownership can make the difference between: 1. Improving your life and where you live 2. Providing for your children’s education 3. Creating wealth in equity for investment 4. Creating stability for your family 5. Avoid retiring in poverty

Your Power Is Now You're not building wealth if you use all your money for consumption.

Real wealth is being able to say, 'I have the freedom to do what I want with my life, and to live my life on my terms.

53% of the wealth of African American is in real estate and it is 39% for Hispanics. Real Estate is the chosen path for wealth creation for minorities.

The Power Is Now Wealth Initiative Buyers and Sellers Club www.thepowerisnow.com Real Estate the Pathway to Real Wealth

Financial Independence Financial dependence to Independence is the result of using your wages to purchase real estate and other assets over time.

Real Estate generates income and equity that can replace your wages over time and/or it can be sold for cash for retirement.

Real Estate & Inflation Inflation robs us of our purchasing power. It cannot be stopped. Every year everything cost more. For example: In 1980 if you bought a house for $100,000 â—? Based on Avg. Inflation per year of 3.06% what is it worth today?

Real Estate & Inflation Inflation - Friend or Enemy? It is your enemy if you are renting but your friend if you own property.

In 1980 if you bought a house for $100,000 â—? Based on Avg. Inflation per year of 3.06% what is it worth today?

$287,300.96

Real Estate & Inflation In 2015 if you bought a house for $287,300 â—? Based on Avg. Inflation per year of 3.06% what is it worth 2045?

Real Estate & Inflation In 2015 if you bought a house for $287,300.96 â—? Based on Avg. Inflation per year of 3.06% what is it worth 2045?

$825,415.66

Real Estate & Inflation Inflation: Friend or Enemy?

It is your enemy if you are renting.

$825,415.66

Median Price in Anaheim $450,000 • Average price per square foot for Anaheim CA was $320, an increase of 7.7% compared to the same period last year.

• The median sales price for homes in Anaheim CA for Dec 14 to Mar 15 was $450,000 based on 329 home sales.

•

Source: http://www.trulia.com/real_estate/Anaheim-California/

Median Sales Price - $450,000

Source:

http://www.trulia.com/real_estate/Anaheim-California/

Real Estate & Inflation Inflation robs us of our purchasing power. It cannot be stopped. Every year everything cost more. For example: In 2015 you bought a house for $712,00 â—? Based on Avg. Inflation per year of 3.00% what is it worth 2025?

Real Estate & Inflation Inflation Friend or Enemy? Enemy if you are renting.

In 2015 you bought a house for $701,500 â—? Based on Avg. Inflation per year of 3.00% what is it worth in 2025 -10 years?

$956,868.46

KNOEMA US Inflation Forecast 2013-2015 Data and Charts

https://www.rentjungle.com/average-rent-in-anaheim-rent-trends/

FHA 3.5% Down Payment Condo for sale: Purchase Price: $369,900.00 Down Payment: $12,946.50 Loan Amount $363,200.19 PITIMI and HOA: $2,757.96 HOA: 332.00 Rate: 3.75% | Apr. 5.11%

Power of Inflation in building Wealth

$369,900 2025 - 10 years Value

Inflation Rate

Potential Equity

$497,115

3%

$127,215

$602,528

5%

$232,628

$727,649

7%

$357,749

https://www.rentjungle.com/average-rent-in-anaheim-rent-trends/

FHA 3.5% Down Payment On the Market for 6 days Closes on Monday

Interest Rates – 1985 to 1981

Interest Rates – 2006 to 2008

FHA 3.5% Down Payment Condo for sale: What if Rates go up?

Purchase Price: $369,900.00 Down Payment: $12,946.50 Loan Amount $363,200.19 PITIMI and HOA: $3,432.53 HOA: 332.00 Rate: 6.75% | Apr. 8.54% Payment Increase: $674.57

FHA 3.5% Down Payment Condo for sale: What if rates go up?

Purchase Price: $369,900.00 Down Payment: $12,946.50 Loan Amount $363,200.19 PITIMI and HOA: $4,467.91 HOA: 332.00 Rate: 10.75% | Apr. 13.28% Payment Increase:$1,709.95

The Power Is Now Hotline

800-401-8994 ext. 710 7 days a week Mon – Sat. 7:00 AM to 7:00 PM PST Sunday 12:00 PM to 5 PM PST Thepowerisnow.com Buyer & Sellers Club

The Power Is Now Wealth Initiative www.thepowerisnow.com Join today

The Power Is Now Inc. www.thepowerisnow.com

Multimedia Education Company Specializing in Real estate, Lending Banking and Financial Literacy

by Eric L. Frazier MBA President and CEO 800-401-8994 x 703