In today’s world of real estate investing, there are many different ways to structure deals and make money. One can invest in tax liens and deeds, foreclosures, rental properties, commercial properties, raw land for development—the list goes on. For most investors, the starting point of the investing experience is the basic rehab project: buy a property at a discount, rehab the property, and sell it for a quick profit. For some investors, their first project may be a wholesale deal where the investor contracts to buy a property at a discount and then assigns the right to buy the property to a rehabber. The investor makes a quick profit from an assignment fee, and the rehabber makes his money by buying the property at a discount, rehabbing the property, and selling it for a profit.

Continue reading "FINDING THE “ELUSIVE” MOTIVATED BUYER" »

Posted at 11:01 AM | Permalink | Comments (0)

What is the value of your corporate data? What would your business be worth if all your data suddenly disappeared?

Imagine that you have just walked into the office on Monday morning to discover a memo from the technician who manages your office network. Upon reading the memo, you learn that there was a catastrophic failure of the corporate database, and your entire network is down. He explains that since you ignored his suggestion for a regular backup system, the hard drive that just failed took the last copy of your business data along with it. What are you going to do?

Continue reading "Disastrous Data Loss – Are You Prepared?" »

Posted at 03:10 PM | Permalink | Comments (0)

There are many benefits to a partnership, not the least of which is the old adage of, “Two heads are better than one!” In order to maximize the benefits while minimizing the drawbacks, it is necessary to clearly address many aspects of the partnership arrangement in advance. One such aspect which is crucial in nature is the defining of roles and division of responsibilities of the partners. Thoroughly exploring this area is one of the biggest steps you can take to avoid many potential pitfalls of partnerships.

Continue reading "Partnerships" »

Posted at 12:50 PM | Permalink | Comments (0)

Approaching someone to inquire about the property they have listed as “for sale by owner” may seem as daunting a challenge as climbing Mount Everest. However, you need to remember that it only feels that way. These people have already put up a sign in their yard that either means “I want to move,” or, “I need to move.” The only job that you have is to determine whether the move is a desire or a necessity. If it is truly a need, you have an opportunity.

Continue reading "For Sale By Owner" »

Posted at 01:59 PM | Permalink | Comments (0)

By Dick Pexton

About a year ago, I was invited to attend a meeting of a fairly new real estate investment group. The room was set up with tables in a “U” shape, and I took a seat away from the crowd against the far wall, and waited for something to happen. When the room was almost full, a young lady left her seat and walked around the inside of the “U,” introducing herself to each person with a handshake and a business card. I thought, “Why didn’t I think of that?” After she returned to her seat, I walked over and said, “I only have two business cards with me, but this one is especially for you.” That’s how I met Carolyn Anderson.

Continue reading "If It Was Easy We Would All Be Millionaires or Get Up, Get Ready, Go to Work" »

Posted at 03:10 PM | Permalink | Comments (0)

By Jacquelyn Lynn

Charging order protected entities are some of the strongest and most acceptable asset protection tools available, but to be effective, they must be properly structured and carefully drafted according to your particular requirements and the laws of your state.

Continue reading "Charging Orders: How Much Protection do they Really Offer?" »

Posted at 04:52 PM | Permalink | Comments (0)

By: Mike Kleinhenz

There is presently nothing more ominous in our economy than the impending housing crisis that has affected our nation throughout the last 18 months. It’s a problem that affects us all, and it’s a problem that we could have seen coming with proper foresight and regression analysis.

Continue reading "The Housing Bubble: Making Sense of it All" »

Posted at 01:25 PM | Permalink | Comments (1)