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No matter how compassionate we are it's comforting to know other's have bigger problems than we do. You won't admit it, well then why do we take such comfort in the old saying "there but for the grace of God, go I?" "I have a problem" gets our attention because it's comforting! Related Article Tags: , , , , ,
In part 1 of "A Consumers Guide To Lease Options" I did my best to discourage your use of this tool. Lease options are in deed very useful if done right. Related Article Tags: , , , , ,
Everyone wants to be rich, but few are willing to do what it takes no matter how simple. Real estate and mortgage salesman seldom buy real estate, for same reason a plumbers pipes leak! Related Article Tags: , , , , , ,
High rents, a second story walk-up in a noisy four-plex,and a high traffic project had Ty wanting a home of his own. REALTOR, after REALTOR told him he couldn't afford a home. Turning to his high school friend, my son, a mortgage broker with my office, he asked for help. Related Article Tags: , , , , , ,
Nothing in the last thirty years has excited the would-be real estate consumer as much as "no money down," " no down payment," real estate investing for which we all have to thank Carleton Sheets. Then along comes Ron Le Grand offering "cash back" at every closing! Can either be true? Related Article Tags: , , , , , , ,
Five quick attention getting rules for new and experienced real estate investors! All to any of us have forgotten the wisdom of our grandfathers, or discounted it as from simpler times. This short article will not teach you real estate investing, but it will help you understand conflicting advice! Related Article Tags: , , , ,
Commercial real estate investing is a kind of investing which is used for business purpose. The commercial real estate investing property is different from other real estate investing like agriculture, residential and other industrial purpose. Related Article Tags: , , ,
Everyone is a salesman, new born babies cry and Mom sticks a warm nipple in their mouth, they ask for what they want and they get it, that's sales! Pre-schoolers ask for ice cream and then say please, please, please until Dad gives in, that's sales. Some time before high school polite kids learn to ask once and then wait quietly staring until Dad gives in, that's sales Related Article Tags: , , , ,
There are really three distinct types of real estate education and hundreds of sub-categories. The three types are: real estate investment (as popularized by Carlton Sheets), pre-licensing (mandated by most states), and real-real estate education (traditional education at the college/professional level, it should be mandatory in High Schools). Related Article Tags: , , , , , ,
I keep hearing about people who knew someone in trouble that didn't act to help. All to often they did nothing because they didn't believe the property had any equity to save. Worst of all are the would be "Bird Dogs" who say I thought I had an opportunity for you but the owners had no equity! I want to scream!
Maybe it's the TV infomercial gurus showing all those big checks, implying that people are anxious to give you huge equities just for asking. They didn't recognize the opportunity! They think opportunity is money lying in the street. Related Article Tags: , , , , ,
Here in Las Vegas most homes have doubled in value in the last three years, yet very few home owners and investors have increased their insurance coverage. It's likely that your mortgage lender is covered by your insurance, they are very careful to protect their interest. But, are you covered for your liability and your equity? Related Article Tags: , , , , , ,
He didn't ask and I didn't explain that he'd forgotten about the positive cash-flow and the tax benefits. He'd checked the sale price four years ago and most homes in our area have doubled in value since then! His real loss was in excess of $600,000.00! Related Article Tags: , , , , ,
The infomercials now all imply that you could stay home with their program and make a full time income. This year the real estate "Seminars" are mentioning don't quit the day job! I think this is just like the TV commercials for the mens' drugs that warn against the four-hour erection, they don't say it will happen, but the older men all hear it can happen and are thinking they're 14 again. The would be real estate investors hear they can quit the day job. Related Article Tags: , , , , ,
Lease-options are real estate tools used by the good and the evil among us. Most lease-options are an agreement between good and evil people. We all know far to many real estate people who believe you only get rich by taking the suckers money, most people who attempt to buy on lease options are simply donating money to these sellers. Related Article Tags: , , , , , , , , ,
As I listened, she explained how upset she was that her employer wrote mostly adjustable rate 100 per cent mortgages and other high loan to value mortgage loans. She was concerned about how the poor buyers were going to be in such trouble when the "sky falls" and the "real estate bubble" burst. Over and over she repeated the media mantra "the sky is falling," "the sky is falling!" She assured me, rates are going up, payments are going up! I couldn't argue that rates and payments are not going up, that's what ARMs do! But, the sky is falling? No way! Related Article Tags: , , , , ,
This form assumes you have located a property and its owner/seller, and that you have had my class or read my book "Flipping For Fun And Profit" or read my book "One House At A Time / Finding And Buying Single Family Rentals" or a similar real estate investment program. Related Article Tags: , , , , ,
When Kirk was fighting with another identical star ship, he had Spock searching for the control panel code of the other ship, as Spock searched Kirk explained to Bones (and the audience) that it's not necessarily the quicker or stronger that wins a fight, but rather the one who best understands how things work. That lesson was repeated in one of their movies, almost word for word. Related Article Tags: , , , , , ,
Lenders who paint them selves in to a corner advertising fixed fees (like $395) limit their ability to provide the best loan for the individual. Mortgage brokers have a lot more flexibility to aid the consumer and normally will have a lower rate for any given cost, or a lower cost for any given rate. You have to compare apples to apples! Related Article Tags: , , , , , ,
Most of my clients have been after "opportunities" buying with their head instead of their hart. You find "opportunities" by recognizing other peoples problems and offering a solution. Related Article Tags: , , , , , ,
My solutions are simple, take two weeks in a senior civics class and teach these young adults how to buy real estate! Everyone should read a book like my "Get The Money /A Consumers Guide To A Successful Mortgage Application" or something similar. The more ambiguous students should spend a week studying with my "Flipping For Fun And Profit" Related Article Tags: , , , , , ,
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