money

Financing Real Estate

If You Can’t Find Real Estate Financing, Find a Partner.

by Ken Corsini | September 21, 2011
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With lender guidelines continually tightening, investor financing has become more difficult than ever to obtain. Investors that I worked with even a year ago to acquire investment properties with conventional financing are having trouble getting approved for a loan in the current lending environment. Whether it’s a borrowers borderline debt to income ratio, credit score, [...]

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Commentary

The Value of Real Estate Investors to a Community!

by Peter Giardini | September 16, 2011
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My last article titled A Call To Action, discussed a program the Government is planning to implement that would allow very well funded and connected large businesses the opportunity to purchase bulk REOs owned by various Government organizations –effectively cutting small real estate investors out of the REO market. At the conclusion of that article [...]

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Financing Real Estate

5 Things Private Money Lenders Want to Know Before Investing With You!

by Spencer Cullor | September 6, 2011

If you’ve been investing in real estate for a while, chances are you have considered using private money lenders (investors) to grow your business. Most people fail when reaching out to potential investors because they don’t answer the five critical questions that every private lender must have answered before investing with you (even if they [...]

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Commentary

Labor Day: Who is Laboring Harder, You or Your Money???

by Michael Zuber | September 5, 2011

Well it is the first Monday in September again (aka Labor Day). Do you celebrate the day as the official end to Summer? Or is it the day you simply enjoy off for all your hard work throughout the year? Or maybe it is just the latest reason to party, throw a barbecue or be [...]

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Real Estate Investing

Private Money: When 18% is Less than 12%

by Marty Boardman | September 1, 2011

I was never late.  I always paid my bills on time.  The mortgage.  The credit card.  The car payment.  Electric, water, phone and cable – like clockwork every month.  Heck, I even paid for magazine subscriptions 3 months prior to expiration. Then suddenly, in August of 2007, there was too much month and not enough [...]

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Real Estate Investing

Are You Willing to Lose in Order to Win?

by Marty Boardman | May 26, 2011
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“I have missed more than 9,000 shots in my career. I have lost almost 300 games. On 26 occasions I have been entrusted to take the game winning shot, and I missed. I have failed over and over and over again in my life. And that is why I succeed.” -       Michael Jordan Thomas Edison [...]

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Real Estate Investing

The Best Real Estate Investing Advice I Ever Got

by Marty Boardman | April 14, 2011
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Traveling is sexy, especially if you don’t do it very often.  That’s why I was so excited to attend my first real estate investing seminar.  I would soon learn everything I needed to know about how to get rich investing in real estate AND fly across country to do it.  Okay, Phoenix to Denver isn’t [...]

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Real Estate Investing

It Takes a Track Record to Raise Capital for Buying Real Estate

by Marty Boardman | March 31, 2011
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The home was empty.  You know that look right?  There was a pile of old phone books on the porch.  A flyer for a housekeeper, landscaper and pool cleaner were dangling on the front door knob.  I peeked over the side gate and could see the pool had been drained.  The plaster was peeling off [...]

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Real Estate

Rise and Fall of a Real Estate Agent

by Richard Warren | January 25, 2010
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A few days ago I bumped into someone I hadn’t seen for quite some time. Bob (made up name) was a real estate agent I had come to know through networking. I first met him a few years ago just as the Las Vegas real estate market was starting to decline. Bob had been fairly [...]

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Real Estate Investing

Worshipping At the Altar of Cash Flow – II

by Jeff Brown | December 22, 2009
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There are many schools of thought when it comes  to investing in real estate for retirement. Two of them dominate. One says you buy property and hold it forever. When you’ve saved up enough to buy another one you do — and hold IT forever. The idea is you allow rental income to pay off [...]

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Mortgages & Lending

Will Interest Rates Start to Climb Soon? Time to Get Off the Fence

by Florence Foote | December 15, 2009
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It is no secret that money has been exceptionally cheap this year, provided you can qualify for a loan. Rates this low have not been common for half a century. But, according to a recent article in the New York Times, today’s “super-low rates are not likely to last much longer.” You will be excused [...]

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Real Estate Investing

Residential Land Development – Part 3: Zoning, Design and Financing

by Craig Grella | October 23, 2009

To recap Residential Land Development Part 2, we discussed the importance of performing an economic feasibility study with cost estimating to determine a max price land offer and whether or not there is enough profit in your potential deal to warrant spending more time on it, or actually developing the land.

Assuming you’ve done that initial research and arrived at the conclusion your numbers look good, you’re ready to go back and do it all over again. This time you’re going to be more exact with your numbers. To do that, you’ll really need to hone in on the potential design of your house, and to do that you need to research what’s possible on your lot. You do that by learning all you can about the zoning codes in your city. These are the third and fourth steps in the residential land development process.

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Commentary

Are You RICH or Are You POOR?

by J. Lamar Ferren | October 17, 2009

Are you RICH or are you POOR?

richbroke

For as he thinketh in his heart, so is he. ~ Proverbs 23:7

It’s a question that many people don’t think about that could truly shed some light on why people are  where they are in life. The answer isn’t as simple as it seems.

 Knowing if your RICH or POOR upfront is a direct reflection of your success in life.

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Commentary

Redirected Dollars: Not a Bad Way to Start Investing

by Tom Koziol | October 9, 2009

I had a brainstorm the other day. Hopefully, it will catch on like wild fire and people all over this country will enjoy the prospective windfall benefit.

It all started when one of our clients said how tough it was for her to come up with her auto insurance premium every month. Nevada requires car owners to have a certain level of coverage. The state doesn’t give a darn how hard it is to come up with the premium. My idea solves this particular dilemma.

Just for the record, in Nevada, the minimum required coverage is 15/30/10. The minimum required coverage may be different in your jurisdiction. Regardless, the requirement is still there which means it has to paid for one way or another. Almost like a forced mortgage one could say.

Before you ask what does this have to do with real estate, indulge me and keep reading. It has a lot to do with putting your mitts on investable dollars.

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Housing

Why Exercising Could Make You a Wealthier Investor

by Jason Hanson | October 7, 2009

I hate running. I pretty much hate any form of exercise. I have no problem doing my real estate work, but when it comes to working out, I’ll admit I’m very lazy and lack discipline.

I remember many of my mentors telling me how important it was to exercise on a daily basis and how exercising was often the first thing they did in the morning. I’ve also read the same thing in many books written by successful people. I recall one successful entrepreneur/writer saying that no matter what, he does three things every single day: 1) He writes 2) He promotes his business 3) He exercises.

This is What Happens When You Get Older

I’ve heard this advice for years and I just ignored it and didn’t think it had anything to do with success. Well, I must be getting older because a few weeks ago I started feeling run down and I didn’t have as much energy as I used to. Come 9:00 at night I’d be ready to pass out, even though I had just sat at my computer all day and hadn’t had a stressful or rigorous day.

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