CREATING A BOOMERANG MORTGAGE
Monday, July 11
The property is ugly as sin and I’m the only buyer willing to make an offer! I propose to purchase this run-down property for $100,000 and pay and pay $10,000 down payment. That leaves $90,000 left to pay and the seller agrees to carry the financing! Typically sellers will ask for 01 % per mont...
HOW TO SELL FOR TOP DOLLAR
Saturday, July 09
One of the most rewarding parts of investing in income-producing real estate comes when you sell the property and finance the sale yourself. This is called seller financing or taking back a mortgage. It’s what almost every “get rich” real estate book suggests you try hard to find when you’re th...
YOU CAN KISS YOUR BOSS GOODBYE!
Saturday, July 09
The single most dangerous roadblock facing every career-changer is procrastination. There is no doubt that many folks with the bet intentions and even a good workable plan will procrastinate forever. Look around you. How many people change careers versus how many simply talk about it? Don’t let ...
95% OF TENANTS DO PAY
Friday, July 08
Never forget: rent money is like handcuffs between landlords and tenants. It’s the common bond! ” A tenant has a problem paying rent, the landlord has .the problem too! When you begin to think of rental houses as a business venture rather than simply investing in real estate, it will open your mi...
COLD CALLING IS A PROVEN ACQUISITION TECHNIQUE
Wednesday, July 06
One of the first questions I'm always asked is: Why in the world would anyone consider selling their property to me merely because I contacted them and asked? There are more reasons than you might imagine, but first, let me confess to you, I did not invent cold calling. Real estate agents have be...
MANAGING YOUR TENANTS BY MAIL........KEEP YOUR SANITY
Saturday, July 02
Managing tenants by mail is a totally different concept for most rental property owners. In fact, even professional property managers will tell you it’s not likely to work very well because most tenants will insist on discussing their problems or personal issues one-on-one with a real live perso...