We are currently looking for an Official SelfGrowth.com Guide to "Investing". If you have expertise in Investing and your own website and/or product for this topic, please review this form for complete details. The Official Guide Position is part of our Premium Placement Package
Say you picked up a residential house just recently and you did not realize what a great deal you have. You knew you had a lot of equity in there, but you really didn’t realize what a great deal it truly was. So you have gone ahead and gotten the deed. And the next step is to file it in a ... Views: 573
Since I’ve taken you this far, I’ve decided to take you all the way! I can’t leave you hanging at this point can I? Okay, let’s re-cap. You have gotten your first deal, you have priced your unit(s) and now we are going to discuss what stage of selling you are in and how ... Views: 566
Say your state poses a bit of a challenge from an entitlement standpoint. As we discussed in parts I and II, you have worked on your first deal-and it is coming along! You have even gotten to the next stage of pricing your unit(s). Now you are ready! Bring on the contractors-right?
Here is ... Views: 564
How would you price your units?
Once you have gotten an estimate on your per unit value what is your next step?
How far are you in the process? What are your next steps? In part one we discussed the per units value (this was determined from broker in the area). But let’s say that you ... Views: 537
Are you working on your first deal? Have you come across an opportunity and you just aren’t quite sure which direction to go in? This can be a confusing and frustrating situation if you have a property with a variety of potentials. It’s enough to make you crazy! This isn’t ... Views: 613
Having worked with hundreds and hundreds of property investors over the years, I discovered a number of “secrets” that make some people rich while others continue to struggle.
When you understand and do what successful investors do, you get to become one of them. If you don't ... Views: 2365
Are you having issues with your yellow letter campaign? Let me guess. You are getting a ton of calls, which let’s face it-that is wonderful problem to have. Are you unsure of how to really explain yourself? Many people find themselves in this situation. Think about it. They basically get ... Views: 783
When it comes to senior housing, there are a few areas you might want concern yourself with to avoid any pitfalls. In fact, maybe the city itself (the city you are dealing with) does not believe there is enough senior housing in their area-maybe they are welcoming it.
The first thing you need ... Views: 587
Are you feeling concerned about starting your first deal? Not sure how to go about it?
There are a couple of things/questions you need to ask yourself when you are getting started.
You may be finding yourself in the same boat as many people who have started in this business. Are you limited ... Views: 567
There are many things you may promise a seller. Of course you want everything to work out perfectly when it comes to a sale you are involved with. I’d like to give you an example you should be wary of and give you a possible solution.
Say you have a short-sale happening and you should ... Views: 559
Say you have a lease-purchase option on a property and a tenant-buyer in it. The tenant-buyer is wanting to purchase this in about three months; and now all of sudden you are having difficulties finding a closing attorney who will close this loan for you without the initial security being in ... Views: 543
Before you can even begin to answer this question you have to really ask what the property itself is worth. If you are sure (dead sure) about the value of the inventory, and you are also sure of the value of the property, then you do have a couple of options.
I can try to explain it better for ... Views: 679
Is there a law that says you cannot give a car away if somebody buys a house? Think people-this is not a lottery. There is not a law that prohibits this practice. Do you need a HUD statement when you prepare the deed? It does not hurt to do this. If your closing agent is recommending it, then ... Views: 586
Many people have questions about equity spread (and what is considered a common equity spread).
Let me explain it to you this way. If you have a home that is subject-to and is leveraged pretty high, how much equity spread actually still makes it a deal? Before you can answer that, you need to ... Views: 603
Has this ever happened to you? You have found the perfect house you want to purchase. And you are even able to find the owners. They had abandoned the home, but after talking with them and making them feel comfortable you were finally able to get them to sign an Authorization to Release ... Views: 640
In general this can be a tough market-but it doesn’t have to be! Remember, it IS what YOU make it! With that being said, let’s focus on a couple of fundamental principles. These fundamental principals are basically a recap of things you may have already seen (or heard) but this ... Views: 701
Property investment is a numbers business. As a real estate investor you’ll need to pay close attention to your numbers when purchasing a property in order to make money. Every investor develops their own basic plan for purchasing property to make a profit.
Those just starting out can get ... Views: 738
As a successful real estate investor, you need to first set yourself up with good deals, and then secure financing for your deals, and finally you also have to have a solid exit strategy for those properties you ultimately purchase and plan to re-sell. One of the best exit strategies, and one ... Views: 613
When you speak with seasoned real estate investors you often find that a large percentage of them do not ever invest in raw land. Typically newer real estate investors purchase single family homes to flip, rent out, or sell wholesale to a rehabber. Those investors who have been in the business ... Views: 1171
Many people think that approaching the IRS to ask for a release of Lien is a negative or scary experience. Let’s really think about what we’re doing here. If you have obtained a property with a hefty tax lien, do you think you should really approach the IRS directly? Let’s take ... Views: 616
Capital preservation probably the most important things you need to consider when you are trading in the stock market. You may have a system that works well, but if you lost all your money on 1 trade you will not be able to make money with your system. It is one of the most overlooked aspects ... Views: 566
It’s the same old story. I have heard this story dozens and dozens of times. You have found the perfect house, located on a perfect piece of property in the perfect area. One problem…you have not found the perfect seller. In fact, you cannot even find the owner or seller.
Having a ... Views: 593
Short sales can be very tricky. In order to benefit from a short sale, you must keep all of your ducks in row, and not focus on the sale but focus on yourself. Of course I’m not suggesting that you don’t focus on the sale-you always want to stay focused on the sale. But what I am ... Views: 612
Challenges you say? This business is filled with challenges around every corner. Here are some things you really need to look out for and think about before you start any kind of action. And remember-most importantly- before you start any action-you need a plan of action.
When you are looking ... Views: 655
Why I Hope Steve Jobs Is Wrong
by Alexander Green
I have a confession to make.
A small part of my stock portfolio is invested in companies that I love so much - and patronize so regularly - that I will probably never sell them.
One of those companies is Apple. My shares are up more than ... Views: 1688
Buying protective puts can be a very useful strategy when you are trading in the stock market. When the markets start to get volatile many traders will buy puts to protect themselves from the downside. It is actually a very simple strategy to learn and use.
If you want to understand how ... Views: 601
The best way to make a lot of money in the stock market is to keep it simple when trading. To be a successful trader you do not need to know everything about a company or anything if you want to be real simple. Let us take a look at how Tommy learned that the hard way.
Tommy is an ... Views: 630
Buying on margin can be a very powerful way to leverage your money in the stock market. Here is a question. Say you wanted to make $100 in the stock market. Would it be easier to make $100 from $500 or $1000? $1000 of course.
If you make $100 from $500 that would be a 20% increase. ... Views: 827
Buying leaps can be a very effective long term way to leverage your money in the stock market. Buying a leap can produce greater gains than just buying the stock and holing it.
Let us look at an example of how it works. We find that stock XYZ is currently trading at $45. It is a strong ... Views: 600
It can be difficult for someone in the financial services industry to know how the investor feels, especially when first choosing which advisor to work with. I recently had an experience that put me in your shoes for a change.
A couple of mornings ago, my teeth began hurting for a short time ... Views: 693
There are 5 bullish strategies that can make you a lot of money in the stock market. These strategies all have the power to turn a small portfolio of only a few thousand into a large portfolio consisting of hundreds of thousands to millions in time. If you are already making money in the stock ... Views: 761
Many real estate investors choose to purchase properties which are in need of some repair. Some take on the repairs themselves, while others sell the home with a discount to someone else who will happily deal with the repairs themselves. Whichever option you choose, it is imperative to know ... Views: 699
Buying a property, holding onto it, and then selling it at a later date for profit generally puts you, the real estate investor, in the undesirable seat of being a landlord. However, if you want to buy and hold properties, without ever having to deal with tenant or home maintenance and repair ... Views: 632
The first reaction to most people when you tell them that you are a real estate investor is to look at you with a bit of suspicion and wonder. They wonder if “real estate investor” really means “freelancer” or “doesn’t really have a job.” Then, once they realize that you really do have a ... Views: 737
If you are new to real estate investment, you might be finding all of the information that you need to know a bit confusing. However, by following these five simple steps, over and over again, you can put yourself in the best position to complete as many transactions as possible and realize ... Views: 842
There are 6 critical mistakes that all traders in the stock market make. These mistakes are made by amateurs and experienced traders alike. They can be devastating and make one lose all of their money in the stock market. These are mistakes you definitely want to avoid. That is why I have put ... Views: 692
Everyone one us, that attends the investors meetings or goes to seminars and trainings knows for sure, that this is the time to buy, to invest in real estate. Real Estate is Gold, and the price is down, buy as much Now!
As a real estate investor and educator, I can only encourage you to get out ... Views: 1149
Here’s a scenario you might be interested in. Suppose you are getting a lot of response on a property-it's not just from the ad in the paper, it's also from additional marketing. The issue in this scenario includes a high dollar amount loan (say $600,000.00) with a $4,000-dollar a month payment. ... Views: 596
Many people take the time to discuss how certain tactics aren’t working for them. Or how a strategy might not be working and they don’t have the money to invest in other tactics. Is this a viable complaint?
How about this one:
A woman was going to get some input on those yellow letters to ... Views: 623
Let’s take a look at someone dealing with insurance on a property…or lack of it. Say you received the deed recently on a property worth about $675,000. You thought you had a buyer for it so you went ahead and recorded the deed. But now you have a problem. You don’t have insurance on it. You ... Views: 675
Last year (2007) was a tumultuous year for the stock market. Now that the LED ball in Times-Square has dropped and the confetti has been cleaned up, it's time to briefly recap 2007 and, more importantly, look at how your portfolio should be positioned for 2008.
2007 could easily be referred to ... Views: 580
Say you just got your first deed subject to deal, and you are a little bit confused about the steps you need to take. You already, applied for title search. So that's happening, and things are on their way.
The seller's sign all of the documents. One of the things that you didn't understand ... Views: 786
Is your land Planned Unit Development (PUD) approved? Do you have land that can be used to put condos or other housing on?
Say you have about 10 acres, has the city approved you putting condos on it or is that just something you’re thinking about doing? Are you sitting on a goldmine? Could you ... Views: 706
Dear Reader,
Not long ago, I was playing golf with a friend who is an attorney. Between shots he began telling me how much he detested his job.
"Why?" I asked.
"You have to understand my business," he said with a huff. "My day basically consists of writing nasty letters on behalf of my ... Views: 1801
Even in a plunging real estate market, you can profit from investing in real estate if you know where to invest your dollars.
So, do you know where you should be investing right now in this challenging real estate market?
The answer: Lake Tahoe real estate
Here's why you should invest in ... Views: 655
Anyone who invests in real estate needs money to do so. Most private individuals go to a bank or lender and take out a mortgage when they want to buy property. However, when you are in the business of real estate investment, finding sources of capital to use for your deals can sometimes become ... Views: 911
0
Your rating: None
*** Enjoy Every Sandwich - by Alexander Green (Spiritual Wealth), the Official Guide to Investing
Dear Reader,
My friend Steve Sjuggerud, editor of True Wealth, used to call me occasionally to ask if I'd read any good business or investment books.
Since both of us already had shelves groaning with them, it got tougher each year to find new ones offering any fresh insights. That was before ... Views: 1673
"Annual income twenty pounds, annual expenditure nineteen nineteen six, result happiness," the novelist Charles Dickens wrote. "Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery."
If that's too literary for your taste, an article in the New York Times ... Views: 1439
Real estate investing can be an exciting adventure and a very lucrative business. But it’s that seductive high profit potential that makes many investors jump in with no net, no plan and very often, no resources. The truth is that real estate investing is a risky investment. In order to ... Views: 1085
Back in 1999, when the Internet bubble was in full swing, my investment firm announced plans to open the world's first Internet-based global trading website.
Investors would have the ability to buy online virtually any stock, traded on any exchange in the world, 24 hours a day. On this exciting ... Views: 896