When I was 14, my family had a scary situation happen that could have turned out much worse than it actually did and for most it does. Let me tell you the story and I hope you learn from others, including my family.It was a cold morning in November, and as usual, my dad had built a fire in the fi
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06/22/2007
Many investors start by buying their first property, and then find out later, they had no idea what they planned to do with it once the owned it. This is why I ask the question to all investors prior to them buying a property through me. What is your exit strategy?
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06/22/2007
Do you own a rental property and are thinking about putting it on the market? If you have a long term lease, then you need to tell your tenant that you are putting it up for sale. There are a lot of reasons you need to do this, one is that if you want to have it shown, you need the tenant's permi
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06/21/2007
Do you own a property that isn't paid off? Do you want to make money on the sale of your property without having to worry if the buyer doesn't pay you will have to go through the long process of doing a foreclosure?Then the land sales contract is for you! This is the process of taking the title a
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06/21/2007
Recently, I had a buyer call me who had lots of investment properties. The banks decided to say no more lending until you have sold some of the others that are making positive cash flow for my client every month. So why would a investor who has positive cash flow get rid of such a property? The
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06/20/2007
I recently had a seller whose father had died and the home was in probate. The seller had a fixer property that the bank would probably not have done a loan on. So what did this seller do with my help? We decided to list with owner financing, so they could sell it for full price and make money fr
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06/20/2007
Why does one investor get rich, while another investor loses his shirt? Usually it is because of the amount ofresearch one does prior to getting into investing. You don't think Warren Buffet just wakes up and says, "I will buy that stock for that price," and gets rich do you? That isn't the case
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06/20/2007
This simple solution is doing a owner 2nd for either 10% or 20% of the loan. A lot of people can't get 100% financing and just need a little help. Their credit is good enough to get a loan, but when you add a 2nd loan, where the interest is considerably higher, it takes them out of their affordab
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06/19/2007
Let me first explain I think investing in rental property really is a great investment if done right. But, if there as a better way to make money from your rental property, wouldn't you want to know about it?The best way that I have come across to make money from your rental properties is Lease-O
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06/17/2007
I don't know what has happened to my parents, When I was five, my parents were the smartest people on the Earth and I would want to fight anyone who said different. But, then for some strange reason, when I became about 12, they starting eating Wheaties and drinking Tab cola and I think it affect
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06/16/2007
