If you’ve fully committed yourself to real estate investing, your natural inclination will be to share your love of real estate with your children. This is a worthy goal, but there’s a right way and a wrong way of doing it. Follow Charrissa Cawley’s roadmap for entrepreneurship and your children will be poised for success, regardless of what they decide to do with their lives.
Today’s economy has economists, government officials, and investors of all kinds scratching their heads trying to figure out not just what broke the economy, but how best to go about fixing it. Fear seems to be the word of the day, so if fear is ruling your life, keep reading Charrissa Cawley gives you some must-have financial survival advice that will help you to keep your sanity – and maybe even get rich at the same time.
Expert Author: Charrissa C. Cawley | Category: Real Estate Falling real estate prices, a world-wide economic slump, rising unemployment, and a credit crunch make today’s market a once-in-a-lifetime opportunity to turn pain into profit – not by exploiting the pain of others, but by offering people a way out of housing situations that are crushing their economic will to survive.
As anyone with even passing familiarity with national news headlines is aware, the number of foreclosures taking place on a daily basis has shattered all previous records. While this is obviously a calamity for the homeowners losing their homes, it’s also a devastating situation for lenders who can’t afford to take so many REO properties back into their inventories. For real estate investors that know how to capitalize on this opportunity it is an unprecedented opportunity for profit – and a chance to help others at the same time.
Real estate investors are working overtime right now trying to cherrypick as many profitable deals as they can get their hands on. Most investors concentrate the majority of their time on finding motivated sellers. Once they find a seller that’s desperate to get out from underneath the burden of a property they can’t afford, they walk away from the deal when they find out the seller owes the lender more than the property is worth. Instead of giving up at this point, roll up your sleeves and go to work on putting together a winning short sales transaction.
You can create tremendous wealth in real estate regardless of the current market conditions. While we’re in the midst of an investing climate that hovers somewhere between perilous and challenging (depending upon who you ask), there’s still a ton of money to be made. To cash in on the profit potential that’s at your doorstep, you need to uncover the right solution. It’s not as hard as you might think.
Expert Author: Charrissa C. Cawley | Category: Real Estate If today’s troubled national economic situation has you more than a little fearful of investing any of your limited cash reserves in real estate right now or you, too, are one of the millions that have gotten pink slips from your employer, but you still want to partake of the bountiful bonanza of available properties, there’s a way for you to do it without stress or risk. You can do it by gingerly testing the real estate waters by cautiously dipping your big toe into the highly lucrative wholesale real estate market.
In order for your real estate investing career to truly flourish you’re going to rely upon some form of institutional financing for property acquisition and rehab expenses. A systematic process will help ensure that you’re ready to proceed, that you’ll get the best-possible loan rate and terms, and that you don’t miss any of the most critical steps that could slow down – or even derail – your plans.
Expert Author: Charrissa C. Cawley | Category: Real Estate As a real estate investor, you’re constantly on the lookout for motivated sellers so you can acquire solid investment properties at steep discounts. However, when the person sitting on the hot-seat is you it can be very easy to get overwhelmed by your financial situation and forget what can be done in order to avoid foreclosure. Real estate investing is still one of the best wealth creation strategies on the planet. Once you weather this financial storm you can recover and bounce back.
Expert Author: Charrissa C. Cawley | Category: Real Estate The current economic situation may have thrown you off-track. If you’ve fallen behind with mortgage payments, it’s imperative that you know and understand the foreclosure process so you can seek an effective solution that will allow you to emerge from this crisis a smarter investor.
A critical part of your success as a real estate investor is your ability to obtain the financing you need to fund your real estate activities, so it’s imperative that your credit score be as high as possible. Regardless of what your score is right now, it can almost always be higher.
Expert Author: Charrissa C. Cawley | Category: Taxes The countdown from Thanksgiving to Christmas is a magical time of year, but it’s also a warning to real estate investors that December 31 – the end of the tax year – is almost upon us. If you haven’t yet gotten your financial house in order you’re running out of time to gather your records and do some last-minute planning to minimize your tax burden.
Investors are creatures of habit and most are accustomed to making money from their investments – and the more money they make, the happier they are. Fortunately, investors have plenty of choices when it comes to making money, so when one market heads south, they simply shift their investing strategy to an investment that will make them the most money and life goes on.
Expert Author: Charrissa C. Cawley | Category: Credit Real estate investors spend thousands of dollars learning state of the art investing techniques, receive one on one coaching, and spend countless hours driving their local neighborhoods learning all they can about the ins and outs of their local real estate markets. Then they make the painful discovery that the one thing holding them back wouldn’t have cost them a thing.
Expert Author: Charrissa C. Cawley | Category: Debt Relief If you’re struggling to make ends meet because of a mountain of debt, it’s time for you to get serious about the burden you’re carrying around. Here’s a simple seven step process that will get you back on track and free up additional resources for building real estate wealth.
Expert Author: Charrissa C. Cawley | Category: Real Estate Whether you watch every up- or down-tick of the national real estate market with keen interest or you only occasionally tune in to see a news story proclaiming the impending collapse of Western civilization, the biggest secret in America today seems to be that every local real estate market is different. Nationally, the market is trending downward (for the moment), but it's not only possible to survive in today's ever-changing market – you can thrive – regardless of what part of the country you call home, as long as you're investing in the right places.
A championship caliber athletic team doesn't begin the season by climbing into a bus and heading to the stadium to collect the trophy without having played a game. There are a number of stops along the way, some intense competition, and probably at least a few losses. Only by learning from mistakes and capitalizing on opportunity does a team get to play for the championship – and hopefully – the lessons learned along the way have laid the groundwork for their ultimate victory dance.
Expert Author: Charrissa C. Cawley | Category: Real Estate You hit the ground running hoping to sprint your way to the finish line. You may have gotten winded with the realization that real estate investing is a marathon and not a 50 yard dash. Or you may have tripped over the start line coming out of the gate. Either way, your investing career is going nowhere fast. You've got a full time job that's getting in the way of your big plans. Being a full time real estate investor is closer than you think. Here's how to work around your full time job and build towards a better tomorrow – today.
Expert Author: Charrissa C. Cawley | Category: Real Estate Success is simple; mediocrity is hard. You read that right. Mediocrity is hard. It's a difficult existence to sleepwalk through life knowing that it doesn't get any better than it is right now. It may be difficult to hoist yourself up off the couch, but it's a whole lot easier than going through life knowing that all you have to look forward to in the next 40 years is a ride in a hearse and a million years of pushing up daisies.
Expert Author: Charrissa C. Cawley | Category: Real Estate If you want to take your real estate investing career to the next level it's time you step into the 21st century by investing pennies in a website – a solution that will free up time and help you bring in more pre-qualified leads than you'll be able to handle.
