Yes, today is CHRISTMAS DAY (birth of Jesus, not a holiday with some red-suited fat guy and a bunch of compost-producing equine off-shoots...)
According to the Russian calendar anyway (and several others, btw...), this is the day of the birth, NOT the 25th of December!!!
Now, I'm not a specialist in how it all works, but it has a lot to do with the use of the different calendar systems - both of which were started at the same time, but have, over the last several hundred years, drifted apart by a few bits every day.
As I understand it (and remember it - I invite you to do the research on the Internet yourself - there must be tons of it out there... I'm just going from my memory and my day-to-day life here!), it was Julius Caesar that made the old calendar 'illegal' - and it 'stuck'. From that time, the old system of counting days, hours and weeks went away and everyone, all over the world, adopted the one we use now (at least, in the 'modern world' - the Chinese still have their own, and I think the Muslims and Jewish folks have their own, too???? - maybe Caesar's power wasn't all that powerful after all... ;)
Nope, I'm not a calendar expert, I just wanted to give you a bit of the background on this as my wife and her mother are preparing to go to church (Russian Orthodox) and celebrate the birth of the baby Jesus...
... for the third time in two days....
Yup, they went yesterday morning for a couple hours (that was a 'Sunday service' though), then last night, another FOUR HOURS with a priest that came in from San Francisco, and again today, another couple hours.
Well, it gives them some time out of the house, and quiet time for me - works all around....
And, the celebration here at home won't revolve around an iconic, commercially-manufactured day of excessive spending (that comes on New Year - NEXT WEEK! ;)
Learn, Apply, Lower taxes, Your wealth will grow!
Steve Majors - The Lazy Investor
http://thelazyinvestor.com/
702-568-7194 ext. 854
Monday, January 07, 2008
Friday, July 06, 2007
What do you DO all day?
A great question came in to http://askstevemajors.com/
"Steve, I know you are a L.A.Z.Y. guy, so just what do you DO all day, anyway?"
Well, this morning, I was out picking plumbs!
Yeah, that's the waterfall that feeds the 30-ft long koi pond I spend a lot of time at....
Actually, I got a nearly full 5-gallon bucket of plums this morning - before breakfast! (Tommorrow, I'll be having some plum jam on my toast!)
Now, recall, this picture was taken on a Friday morning, about 10 AM. I'd been out picking nearly 30 minutes before the picture was taken.
(one reason it took me awhile to complete is that I did some 'work' on a deal in Oklahoma while I was on the ladder....)
Just what did YOU do at that time? Where were you - working for someone else, or enjoying your home, your family, your yard?
Real Estate Investing provides the option for you to do what you want, when you want. And, the methods I teach focus directly on
you getting the Lifestyle you enjoy, doing the Activities you love, taking your stress to Zero (who can be stressed when you are picking plums?)
all while making sure You are in charge of it all (and most importantly, your life!)
I encourage you to utilize the 'comment' section below - let me know what you think!
Happy Investing,
Steve Majors - The Lazy Investor
Tuesday, May 22, 2007
Top 10 Real Estate Investing Tips for Maximum Profits
Ten hot tips to increase your real estate investing profits.
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TIP #1
There are several tried and true methods to uncover sellers who will literally beg you to take their house. They all boil down to finding a seller whose situation has changed.
For various reasons (such as divorce, death or job conditions), they need to get out from under their home fast. You can often buy these homes for pennies on the dollar, then turn around and sell the property at a much higher market value. That translates into BIG real estate profits for you, and jump-starts your real estate investing!
The 'trick' is in finding these sellers. Be patient and keep looking - they are out there and the rewards are well worth it!
TIP #2
Your rehab project may suffer delays and lost profits due to simple things like a rise in gasoline prices, which adds to the cost of materials delivered by truck to your local lumberyard or home improvement store. A few cents per gallon at the gas pump can be enough to erase your potential profits while you work to rehab and "flip" a property.
Take care to calculate into your rehab cost a 'fudge factor' to include funds for such 'emergencies'. A good rule of thumb is to multiply your estimated rehab costs by .2 (20%) and add that to the estimated cost when you are analyzing a potential project.
If this small addition kills the deal for you, it is probably best to move on to another deal.
TIP #3
If you fear Realtors will view you as competition, enlist their help. You can easily have Realtors all over your area working to help you find more and better real estate investment deals.
As they get a commission for each sale, they are eager to find you deals. Be sure and be ready to take those they bring you as you want to work with them in the future too!
TIP #4
Delays in a real estate investment project leaves real estate investors open to vulnerability from shifting economic factors. If the housing market cools off and interest rates spike before you get your house on the market and sold, you could be left with expenses like mortgage payments, insurance premiums, and property tax added to your balance sheet.
Add an additional 10 percent to your initial calculations for these holding costs when analyzing any real estate investment.
Real estate investing is an altogether different kind of business. People just like you and me buy and sell properties and earn tens of thousands of dollars, often within just a few days of getting into the business. ,A good investor knows that a real estate investment property selected with care can be very rewarding. It can render above 100 percent ROI per year, along with good value increase over time. That is why real estate has become the most preferred form of investment by seasoned investors.
TIP #5
An alternative to real estate is paper investment, where an active real estate investor can supplement your portfolio or even make a full-time business in lieu of actual physical ownership of properties.
This offers the real estate investor a way to invest in real estate without the day-to-day logistical headaches of more traditional investing.
TIP #6
You can sell your property on your own and cut out expensive brokerage fees by following these three easy steps.
Step 1. Calculate the asking price for the property
Hire a professional appraiser to price the home or check the sales prices of comparable homes in the same area of your real estate investment. You can visit your local court house and compare similar recent real estate sale prices within a few miles of your property. Many court records are now available on the Internet.
Always take into consideration the current real estate market. If the market is a buyer's market, you may have to lower your price. If it is a seller's market, you might be able to ask more than the market value for the property.
Step 2. Market the property
Advertise the property and show it to perspective buyers. Make sure you have the necessary purchase contract forms. The purchase contract will need to be signed by you and the buyer once you have negotiated the deal.
Step 3. Close the deal.
You will need a closing agent to perform the closing, which may be an escrow company, a title company or real estate attorney, depending on your area. There is a lot of paperwork needed here as you need to provide the buyer with disclosure statements and he will need to provide you with a loan commitment letter.
Inspections are also performed during this time and a title search will be completed by your closing agent. To complete the closing, you will need to meet with the closing agent and buyer to sign the paperwork. pay any closing fees, pay off the mortgage and pay or put aside any taxes owed. Your closing agent will help you with all these details.
The closing phase is the busiest (and most exciting) time of selling your first property in real estate. The closing table is where all of your hard work pays off and you get to walk away with your real estate profits.
TIP #7
Mortgage note investors can earn substantial yields when the real estate market is challenged by steadily rising interest rates.
Those with prior experience as real estate investors can utilize their knowledge of property to choose sound, secure, credit-worthy investments. When the building that serves as collateral on the note has true value, the associated debt carries less risk.
Those investors who are accustomed to doing rehab on a property usually have an eye for what constitutes solid and problem-free construction and can provide a reasonably accurate estimate on any repair costs.
Utilize a team approach to maximize your profits as you learn more and contribute to your own bottom line.
TIP #8
To earn maximum profits from your real estate investing business you simply find owners who are highly motivated to sell (due to a change in their situation like divorce, death or job conditions), buy their property (preferably with other people's money), then sell at a higher price and keep the change. Often that change is $10,000, $20,000, $30,000...and more!
TIP #9
Many real estate investors have incomes that are erratic and difficult to document. There are many legitimate reasons for this, but traditional banks generally do not care. Very few lending institutions will provide real estate investment loans without complete income verification.
An alternative used by some non-traditional lending sources is to use the "Stated Income" approach, which utilizes statements directly from the borrower as to how much money they make. These loans are great for real estate investors because they are simpler to get when you find someone that will do them, however, you must still be certain that the real estate deal will make the expected return or you can get in trouble quickly.
Look for a lender who uses the Stated Income approach and does not require income verification for real estate transactions that really work.
TIP #10
Let's face it, selling or buying your first investment property is probably one of the biggest, most daunting projects you will ever take on in your life. It's a monumental event that could impact the next few years of your life, and it's for that reason that a lot of real estate investors looking to buy or sell homes will turn to a real estate agent or Realtor for help.
Be sure to work with a real investor-friendly Realtor. Not every Realtor understands what investors need. Most of them are trained in buying and selling property to homeowners, not investors, so be sure you interview them before they start sending you property listings or you will wind up wasting a lot of your valuable time.
A good question to ask any prospective Realtor that wants to provide you with real estate listings is "how many investment properties do you have?" This question is a double-edged-sword as it will give you an indication of if the Realtor understands what a good real estate investment deal is, as well as let you know if they tend to keep the best deals for themselves!
Above all, don't be afraid to get into real estate. Thousands of every day people succeed admirably in this industry every year.
Gather the information you need, then get started making money through your real estate investing!
Steve Majors - The Lazy Investor
Profit from Real Estate Investment articles, real estate investing information and DEALS from one of the most creative investors on the planet ~FREE real estate training course~ http://TheLazyInvestor.com
=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
TIP #1
There are several tried and true methods to uncover sellers who will literally beg you to take their house. They all boil down to finding a seller whose situation has changed.
For various reasons (such as divorce, death or job conditions), they need to get out from under their home fast. You can often buy these homes for pennies on the dollar, then turn around and sell the property at a much higher market value. That translates into BIG real estate profits for you, and jump-starts your real estate investing!
The 'trick' is in finding these sellers. Be patient and keep looking - they are out there and the rewards are well worth it!
TIP #2
Your rehab project may suffer delays and lost profits due to simple things like a rise in gasoline prices, which adds to the cost of materials delivered by truck to your local lumberyard or home improvement store. A few cents per gallon at the gas pump can be enough to erase your potential profits while you work to rehab and "flip" a property.
Take care to calculate into your rehab cost a 'fudge factor' to include funds for such 'emergencies'. A good rule of thumb is to multiply your estimated rehab costs by .2 (20%) and add that to the estimated cost when you are analyzing a potential project.
If this small addition kills the deal for you, it is probably best to move on to another deal.
TIP #3
If you fear Realtors will view you as competition, enlist their help. You can easily have Realtors all over your area working to help you find more and better real estate investment deals.
As they get a commission for each sale, they are eager to find you deals. Be sure and be ready to take those they bring you as you want to work with them in the future too!
TIP #4
Delays in a real estate investment project leaves real estate investors open to vulnerability from shifting economic factors. If the housing market cools off and interest rates spike before you get your house on the market and sold, you could be left with expenses like mortgage payments, insurance premiums, and property tax added to your balance sheet.
Add an additional 10 percent to your initial calculations for these holding costs when analyzing any real estate investment.
Real estate investing is an altogether different kind of business. People just like you and me buy and sell properties and earn tens of thousands of dollars, often within just a few days of getting into the business. ,A good investor knows that a real estate investment property selected with care can be very rewarding. It can render above 100 percent ROI per year, along with good value increase over time. That is why real estate has become the most preferred form of investment by seasoned investors.
TIP #5
An alternative to real estate is paper investment, where an active real estate investor can supplement your portfolio or even make a full-time business in lieu of actual physical ownership of properties.
This offers the real estate investor a way to invest in real estate without the day-to-day logistical headaches of more traditional investing.
TIP #6
You can sell your property on your own and cut out expensive brokerage fees by following these three easy steps.
Step 1. Calculate the asking price for the property
Hire a professional appraiser to price the home or check the sales prices of comparable homes in the same area of your real estate investment. You can visit your local court house and compare similar recent real estate sale prices within a few miles of your property. Many court records are now available on the Internet.
Always take into consideration the current real estate market. If the market is a buyer's market, you may have to lower your price. If it is a seller's market, you might be able to ask more than the market value for the property.
Step 2. Market the property
Advertise the property and show it to perspective buyers. Make sure you have the necessary purchase contract forms. The purchase contract will need to be signed by you and the buyer once you have negotiated the deal.
Step 3. Close the deal.
You will need a closing agent to perform the closing, which may be an escrow company, a title company or real estate attorney, depending on your area. There is a lot of paperwork needed here as you need to provide the buyer with disclosure statements and he will need to provide you with a loan commitment letter.
Inspections are also performed during this time and a title search will be completed by your closing agent. To complete the closing, you will need to meet with the closing agent and buyer to sign the paperwork. pay any closing fees, pay off the mortgage and pay or put aside any taxes owed. Your closing agent will help you with all these details.
The closing phase is the busiest (and most exciting) time of selling your first property in real estate. The closing table is where all of your hard work pays off and you get to walk away with your real estate profits.
TIP #7
Mortgage note investors can earn substantial yields when the real estate market is challenged by steadily rising interest rates.
Those with prior experience as real estate investors can utilize their knowledge of property to choose sound, secure, credit-worthy investments. When the building that serves as collateral on the note has true value, the associated debt carries less risk.
Those investors who are accustomed to doing rehab on a property usually have an eye for what constitutes solid and problem-free construction and can provide a reasonably accurate estimate on any repair costs.
Utilize a team approach to maximize your profits as you learn more and contribute to your own bottom line.
TIP #8
To earn maximum profits from your real estate investing business you simply find owners who are highly motivated to sell (due to a change in their situation like divorce, death or job conditions), buy their property (preferably with other people's money), then sell at a higher price and keep the change. Often that change is $10,000, $20,000, $30,000...and more!
TIP #9
Many real estate investors have incomes that are erratic and difficult to document. There are many legitimate reasons for this, but traditional banks generally do not care. Very few lending institutions will provide real estate investment loans without complete income verification.
An alternative used by some non-traditional lending sources is to use the "Stated Income" approach, which utilizes statements directly from the borrower as to how much money they make. These loans are great for real estate investors because they are simpler to get when you find someone that will do them, however, you must still be certain that the real estate deal will make the expected return or you can get in trouble quickly.
Look for a lender who uses the Stated Income approach and does not require income verification for real estate transactions that really work.
TIP #10
Let's face it, selling or buying your first investment property is probably one of the biggest, most daunting projects you will ever take on in your life. It's a monumental event that could impact the next few years of your life, and it's for that reason that a lot of real estate investors looking to buy or sell homes will turn to a real estate agent or Realtor for help.
Be sure to work with a real investor-friendly Realtor. Not every Realtor understands what investors need. Most of them are trained in buying and selling property to homeowners, not investors, so be sure you interview them before they start sending you property listings or you will wind up wasting a lot of your valuable time.
A good question to ask any prospective Realtor that wants to provide you with real estate listings is "how many investment properties do you have?" This question is a double-edged-sword as it will give you an indication of if the Realtor understands what a good real estate investment deal is, as well as let you know if they tend to keep the best deals for themselves!
Above all, don't be afraid to get into real estate. Thousands of every day people succeed admirably in this industry every year.
Gather the information you need, then get started making money through your real estate investing!
Steve Majors - The Lazy Investor
Profit from Real Estate Investment articles, real estate investing information and DEALS from one of the most creative investors on the planet ~FREE real estate training course~ http://TheLazyInvestor.com
Monday, December 11, 2006
Real Estate Investing Article: Real Estate Investing Key To Wealth
This real estate investing article holds the key to real estate investment fortunes in your real estate investing, heed it, or simply continue to struggle aimlessly...
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"98% of the millionaires in this country make their fortunes through Real Estate Investing".
These words inspire millions to get involved in real estate investing, yet lack that special 'secret ingredient' - the one thing that explains HOW to make those millions in real estate investing...
This real estate investing article holds the key to how you will make fortunes in real estate investing, or simply continue to struggle aimlessly...
The key to real estate investing riches is not in the latest technique, method or system. The key to real estate investing is in patience and research, monitoring the marketplace for a special 'event'...
Something 'big' in the marketplace that triggers rapid growth in the real estate investing market.
Such big indicators as;
- new major employment moving into the area
- a new factory (manufacturing)
- sales center (like a large outlet mall)
- entertainment (like a casino)
All trigger worthy examination as 'events' in real estate investing.
Other events that affect your real estate investing include sporting arenas, theme parks, even a new airport on the 'outskirts' of town...
All merit further investigation because they trigger fluctuation in the real estate investing marketplace.
When such events occur, there is a sudden rise in the demand for affordable housing in the area, rapidly affecting the real estate investing market.
Not only will the workers at the 'event' location need homes, there is also a need for housing from others - 'customers' that simply want to be near this new location.
Also, these workers will need support for their needs; car dealers, grocery stores, gas stations, clothing stores, etc.
As the 'support' base grows for this 'event', the need for additional housing grows as well.
You see, the 'support base' also needs support - from food stores to shopping centers to car dealers and utility companies - the whole thing just grows and grows!
By now you understand that such 'events' hold extreme value in the real estate investing cycle.
In fact, following such 'events' is the primary key to the number of millionaires that have made their fortunes through real estate investing.
When you monitor these events and take advantage of them early, you grow your wealth very quickly.
This is the simple, secret key to real estate investing wealth.
Steve Majors - The Lazy Investor
Profit from Real Estate Investment articles, real estate investing information and DEALS from one of the most creative investors on the planet ~FREE real estate training course~ http://TheLazyInvestor.com
=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
"98% of the millionaires in this country make their fortunes through Real Estate Investing".
These words inspire millions to get involved in real estate investing, yet lack that special 'secret ingredient' - the one thing that explains HOW to make those millions in real estate investing...
This real estate investing article holds the key to how you will make fortunes in real estate investing, or simply continue to struggle aimlessly...
The key to real estate investing riches is not in the latest technique, method or system. The key to real estate investing is in patience and research, monitoring the marketplace for a special 'event'...
Something 'big' in the marketplace that triggers rapid growth in the real estate investing market.
Such big indicators as;
- new major employment moving into the area
- a new factory (manufacturing)
- sales center (like a large outlet mall)
- entertainment (like a casino)
All trigger worthy examination as 'events' in real estate investing.
Other events that affect your real estate investing include sporting arenas, theme parks, even a new airport on the 'outskirts' of town...
All merit further investigation because they trigger fluctuation in the real estate investing marketplace.
When such events occur, there is a sudden rise in the demand for affordable housing in the area, rapidly affecting the real estate investing market.
Not only will the workers at the 'event' location need homes, there is also a need for housing from others - 'customers' that simply want to be near this new location.
Also, these workers will need support for their needs; car dealers, grocery stores, gas stations, clothing stores, etc.
As the 'support' base grows for this 'event', the need for additional housing grows as well.
You see, the 'support base' also needs support - from food stores to shopping centers to car dealers and utility companies - the whole thing just grows and grows!
By now you understand that such 'events' hold extreme value in the real estate investing cycle.
In fact, following such 'events' is the primary key to the number of millionaires that have made their fortunes through real estate investing.
When you monitor these events and take advantage of them early, you grow your wealth very quickly.
This is the simple, secret key to real estate investing wealth.
Steve Majors - The Lazy Investor
Profit from Real Estate Investment articles, real estate investing information and DEALS from one of the most creative investors on the planet ~FREE real estate training course~ http://TheLazyInvestor.com
Monday, July 31, 2006
Real Estate Investing in Cabo San Lucas and even Cerritos Beach is Easier and Safer than you think
Real Estate Investing in Cabo San Lucas and the surrounding area, like Cerritos Beach and Todos Santos is now easy and safe. Get the 'inside track' on why it is now legal, safe and financially rewarding to do your real estate investing in this HOT area.
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Several myths surround real estate ownership in the Cabo San Lucas area, beach property in places like Cerritos Beach and real estate investing in Mexico in general.
One of the biggest myths about owning property in Mexico is that it is impossible for foreigners to own land within 50km of the sea coast or 100km from the border.
Owning land in Cabo San Lucas and the surrounding area is easier than one might think and below is one example of how this is possible.
It is a great article by Carol Billups, that describes how Americans or any foreigner for that matter can (and do), own land and property within the Mexican states and the Baja Sur, Cabo San Lucas area.
Real Estate: Trust is Everthing Foreign Investment in Mexican Real Estate with the Fideicomiso of Mexican Bank Trust
"In Los Cabos, foreigners (US and Canadian citizens as well as all others) can buy property as long as they own it in a trust known as a Fideicomiso.
This trust, similar to a living trust, exists to hold title to one piece of property.
If your property is located within 50 Km from a sea coast or 100 Km from an international border this is the only way in which you can take title.
In Los Cabos that pretty much defines all of our real estate. But we're not complaining because not only is the Fideicomiso system safe it offers tax and estate planning advantages.
What you need to know are the terms of the trust." http://www.loscabosguide.com/realestate/fideicomiso.htm
It explains some of the rules as well as benefits of owning property in this manner. Although a great article on the Fideicomiso, (Mexican Bank Trust) it fails to show that owning land in Cabo San Lucas, Mexico and beautiful beach access property like that in Cerritos Beach is also possible through a Mexican corporation; not unlike the U.S.
Own property in the Cabo San Lucas area and do your real estate investing in an area that is growing in leaps and bounds. Cerritos Beach property now available!
Visit http://TheLazyInvestor.com/cm/Cabo-San-Lucas.php
keywords: Cabo San Lucas, real estate investing, Cerritos Beach
Steve Majors - The Lazy Investor
Profit from Real Estate Investment articles, real estate investing information and news from one of the most creative investors on the planet ~FREE MEMBERSHIP & real estate training course~ http://TheLazyInvestor.com
=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
Several myths surround real estate ownership in the Cabo San Lucas area, beach property in places like Cerritos Beach and real estate investing in Mexico in general.
One of the biggest myths about owning property in Mexico is that it is impossible for foreigners to own land within 50km of the sea coast or 100km from the border.
Owning land in Cabo San Lucas and the surrounding area is easier than one might think and below is one example of how this is possible.
It is a great article by Carol Billups, that describes how Americans or any foreigner for that matter can (and do), own land and property within the Mexican states and the Baja Sur, Cabo San Lucas area.
Real Estate: Trust is Everthing Foreign Investment in Mexican Real Estate with the Fideicomiso of Mexican Bank Trust
"In Los Cabos, foreigners (US and Canadian citizens as well as all others) can buy property as long as they own it in a trust known as a Fideicomiso.
This trust, similar to a living trust, exists to hold title to one piece of property.
If your property is located within 50 Km from a sea coast or 100 Km from an international border this is the only way in which you can take title.
In Los Cabos that pretty much defines all of our real estate. But we're not complaining because not only is the Fideicomiso system safe it offers tax and estate planning advantages.
What you need to know are the terms of the trust." http://www.loscabosguide.com/realestate/fideicomiso.htm
It explains some of the rules as well as benefits of owning property in this manner. Although a great article on the Fideicomiso, (Mexican Bank Trust) it fails to show that owning land in Cabo San Lucas, Mexico and beautiful beach access property like that in Cerritos Beach is also possible through a Mexican corporation; not unlike the U.S.
Own property in the Cabo San Lucas area and do your real estate investing in an area that is growing in leaps and bounds. Cerritos Beach property now available!
Visit http://TheLazyInvestor.com/cm/Cabo-San-Lucas.php
keywords: Cabo San Lucas, real estate investing, Cerritos Beach
Steve Majors - The Lazy Investor
Profit from Real Estate Investment articles, real estate investing information and news from one of the most creative investors on the planet ~FREE MEMBERSHIP & real estate training course~ http://TheLazyInvestor.com
Monday, July 03, 2006
The Key to Real Estate Investing Wealth
Discover the key piece of knowledge that all real estate investing millionaires possess, yet few reveal.
=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
"98% of the millionaires in this country made it through Real Estate Investing", words that inpire millions to get involved in real estate investing, yet lack that special 'secret ingredient'...
The one thing that explains HOW to make those millions in real estate investing...
So, just what is it that the millionaires of real estate investing know that you don't?
Here is the key to making fortunes in real estate investing, or simply continuing to struggle aimlessly...
The key to real estate investing riches is not in the latest technique, method or system. The key to real estate investing is in patience and research, monitoring the marketplace for a special 'event'...
Something 'big' in the marketplace that triggers rapid growth in the real estate investing market.
Such big indicators as;
- new major employment moving into the area
- a new factory (manufacturing)
- sales center (like a large outlet mall)
- entertainment (like a casino)
All trigger worthy examination as 'events' in real estate investing.
Other events that affect your real estate investing include sporting arenas, theme parks, even a new airport on the 'outskirts' of town...
All merit further investigation because they trigger fluctuation in the real estate investing marketplace.
When such events occur, there is a sudden rise in the demand for affordable housing in the area, rapidly affecting the real estate investing market.
Not only will the workers at the 'event' location need homes, there is also a need for housing from others - 'customers' that simply want to be near this new location.
As the 'support' base grows for this 'event', the need for additional housing grows as well.
You see, the 'base' also needs support - from food stores to shopping centers to car dealers and utility companies - the whole thing just grows and grows!
By now you understand that such 'events' hold extreme value in the real estate investing cycle.
In fact, following such 'events' is the primary key to the number of millionaires that have made their fortunes through real estate investing.
When you monitor these events and take advantage of them early, you grow your wealth very quickly.
This is the simple, secret key to real estate investing wealth.
keywords; real estate investing
Steve Majors - The Lazy Investor
Profit from Real Estate Investment articles, real estate investing information and news from one of the most creative investors on the planet ~FREE MEMBERSHIP & real estate investing course~ http://TheLazyInvestor.com
=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
"98% of the millionaires in this country made it through Real Estate Investing", words that inpire millions to get involved in real estate investing, yet lack that special 'secret ingredient'...
The one thing that explains HOW to make those millions in real estate investing...
So, just what is it that the millionaires of real estate investing know that you don't?
Here is the key to making fortunes in real estate investing, or simply continuing to struggle aimlessly...
The key to real estate investing riches is not in the latest technique, method or system. The key to real estate investing is in patience and research, monitoring the marketplace for a special 'event'...
Something 'big' in the marketplace that triggers rapid growth in the real estate investing market.
Such big indicators as;
- new major employment moving into the area
- a new factory (manufacturing)
- sales center (like a large outlet mall)
- entertainment (like a casino)
All trigger worthy examination as 'events' in real estate investing.
Other events that affect your real estate investing include sporting arenas, theme parks, even a new airport on the 'outskirts' of town...
All merit further investigation because they trigger fluctuation in the real estate investing marketplace.
When such events occur, there is a sudden rise in the demand for affordable housing in the area, rapidly affecting the real estate investing market.
Not only will the workers at the 'event' location need homes, there is also a need for housing from others - 'customers' that simply want to be near this new location.
As the 'support' base grows for this 'event', the need for additional housing grows as well.
You see, the 'base' also needs support - from food stores to shopping centers to car dealers and utility companies - the whole thing just grows and grows!
By now you understand that such 'events' hold extreme value in the real estate investing cycle.
In fact, following such 'events' is the primary key to the number of millionaires that have made their fortunes through real estate investing.
When you monitor these events and take advantage of them early, you grow your wealth very quickly.
This is the simple, secret key to real estate investing wealth.
keywords; real estate investing
Steve Majors - The Lazy Investor
Profit from Real Estate Investment articles, real estate investing information and news from one of the most creative investors on the planet ~FREE MEMBERSHIP & real estate investing course~ http://TheLazyInvestor.com
Wednesday, June 14, 2006
7 Top Real Estate Investing Jobs
Ready for maximum wealth in your Real Estate investing? It's easier than you think once you understand the 7 Top Real Estate Investing Jobs. This article provides a 'how-its-done' look to maximize your results.
Real Estate investing has long been proven to make tons of CA$H for the active investor and many of the real estate investing methods and techniques used to make some of the biggest (and quickest) CA$H only require a little time and a bit of knowledge (i.e., NO MONEY and NO CREDIT!) to rapidly bring home a really big check!
That’s the appeal of Real Estate investing courses to most people – to do deals that require little/no money or credit yet pay back huge rewards for the time and knowledge you get from following their systems.
Yet, the "investing" gets a bit lost in most of the world of "Real Estate Investing" - there is no "investing" other than a bit of time - there is no ROI (Return On Investment) other than the time-for-money factor.
Thats why I call these activities Real Estate Investing Jobs -they stop bringing income as soon as you stop working them.
Real Estate Investing through these jobs, while they make you CA$H, will never give you financial freedom as they only generate quick money and not long-term, passive income.
This article will look at some of the more popular methods of Real Estate Investing jobs.
One of the biggest challenges to overcome is the fact that, when discussing the money made through Real Estate Investing, the numbers of dollars are much more than your common corporate job, and many people simply are not ready to handle such discussions.
You see, when you were very young, you were programmed to think that $X was a large amount and often this amount was only a few hundred, or perhaps, a few thousand, dollars.
Yet, when discussing Real estate investing deals, there are often multiple thousands of dollars at stake.
Most people simply are not used to discussing such numbers, and wind up not making the money they could. They simply have not learned the language of Real Estate Investing.
One of the first lessons I teach my students is how to get past the fear of discussing hundreds of thousands of dollars and changing the programming you were given as a child to form open ideas about money and investing to make even more money.
One quick step you can do to begin this journey is to look deep inside yourself and ask yourself how you feel about money. Can you comfortably discuss figures in the hundreds of thousands of dollars?
Most people learn quite quickly - with just a little bit of practice.
With that in mind, it is time to look at these Real Estate Investing Jobs more closely.
These 'jobs' bring you various levels of income, depending on your area, so instead of discussing them in dollar values, we will look at them from a percentage standpoint.
Of course, with these examples, the amount of work, time and knowledge you put into it will certainly pay off more (or less);
1. Property Profiling (birddogging) - this popular way to get started in real estate investing provides a real estate investing job with a decent income - something along the lines of what a factory worker would make in the area.
2. Lease Purchase - this powerful tool can be utilized to buy and sell property with no money out of your pocket (a Real Estate Investing sandwich), while keeping a nice pocketful of money for your time (can you tell this is one of my favorites?) An active person can make about 1.5 - 3 times more than the Property Profiler, on average.
3. Subject To - with a bit of training, you can make this method of real estate investing really pay off big. Once you know how to negotiate these deals, your real estate investing income will reach that of corporate executives - with much less of a time requirement.
4. Foreclosures - while highly lucrative and one of the top income producing methods of real estate investing, the time and knowledge required to actively pursue such deals is becoming more difficult all the time.
The payoff to those that can perform these deals is huge - about 10 times that of the Property Profilers, however, finding deals is much more difficult due to the number of people looking for them.
5. Tax Lien certificates - this is a true form of Real Estate Investing - actually putting your money into something that produces a return - one of the safest investments around with returns that beat any other form of passive investing. If you have money to invest, this is a great area to get into with 15%+ return with almost no down side.
This is still a real estate investing 'job' as tax lien certificates are short term, quick turn profit generators, not sustained over time, plus they take skill and talent to make the maximum profits.
6. Short Sales - this form of Real Estate Investing is another job, as your knowledge level and timing are extremely important. A lot of money can be made with this type of Real Estate Investing job - as much or more than any other form - once you know how.
7. Secondary notes/Purchasing Equity positions - a 'higher level' of real estate investing, where more knowledge is needed to limit the risk, however, the returns on equity position purchases can be extremely high - from 6%-10% for fully passive results and 'sky's the limit' for purchasing equity positions.
Yes, once you get past the internal false programming - the LIES you have been taught all your life about money, you can begin a successful career in Real Estate Investing - through a variety of Real Estate Investing Jobs and then onto true, full, watch-your-money-grow Real Estate Investing.
Steve Majors - The Lazy Investor
Profit from Real Estate Investment articles, real estate investing information and news from one of the most creative investors on the planet ~FREE MEMBERSHIP & real estate training course~ http://TheLazyInvestor.com
Real Estate investing has long been proven to make tons of CA$H for the active investor and many of the real estate investing methods and techniques used to make some of the biggest (and quickest) CA$H only require a little time and a bit of knowledge (i.e., NO MONEY and NO CREDIT!) to rapidly bring home a really big check!
That’s the appeal of Real Estate investing courses to most people – to do deals that require little/no money or credit yet pay back huge rewards for the time and knowledge you get from following their systems.
Yet, the "investing" gets a bit lost in most of the world of "Real Estate Investing" - there is no "investing" other than a bit of time - there is no ROI (Return On Investment) other than the time-for-money factor.
Thats why I call these activities Real Estate Investing Jobs -they stop bringing income as soon as you stop working them.
Real Estate Investing through these jobs, while they make you CA$H, will never give you financial freedom as they only generate quick money and not long-term, passive income.
This article will look at some of the more popular methods of Real Estate Investing jobs.
One of the biggest challenges to overcome is the fact that, when discussing the money made through Real Estate Investing, the numbers of dollars are much more than your common corporate job, and many people simply are not ready to handle such discussions.
You see, when you were very young, you were programmed to think that $X was a large amount and often this amount was only a few hundred, or perhaps, a few thousand, dollars.
Yet, when discussing Real estate investing deals, there are often multiple thousands of dollars at stake.
Most people simply are not used to discussing such numbers, and wind up not making the money they could. They simply have not learned the language of Real Estate Investing.
One of the first lessons I teach my students is how to get past the fear of discussing hundreds of thousands of dollars and changing the programming you were given as a child to form open ideas about money and investing to make even more money.
One quick step you can do to begin this journey is to look deep inside yourself and ask yourself how you feel about money. Can you comfortably discuss figures in the hundreds of thousands of dollars?
Most people learn quite quickly - with just a little bit of practice.
With that in mind, it is time to look at these Real Estate Investing Jobs more closely.
These 'jobs' bring you various levels of income, depending on your area, so instead of discussing them in dollar values, we will look at them from a percentage standpoint.
Of course, with these examples, the amount of work, time and knowledge you put into it will certainly pay off more (or less);
1. Property Profiling (birddogging) - this popular way to get started in real estate investing provides a real estate investing job with a decent income - something along the lines of what a factory worker would make in the area.
2. Lease Purchase - this powerful tool can be utilized to buy and sell property with no money out of your pocket (a Real Estate Investing sandwich), while keeping a nice pocketful of money for your time (can you tell this is one of my favorites?) An active person can make about 1.5 - 3 times more than the Property Profiler, on average.
3. Subject To - with a bit of training, you can make this method of real estate investing really pay off big. Once you know how to negotiate these deals, your real estate investing income will reach that of corporate executives - with much less of a time requirement.
4. Foreclosures - while highly lucrative and one of the top income producing methods of real estate investing, the time and knowledge required to actively pursue such deals is becoming more difficult all the time.
The payoff to those that can perform these deals is huge - about 10 times that of the Property Profilers, however, finding deals is much more difficult due to the number of people looking for them.
5. Tax Lien certificates - this is a true form of Real Estate Investing - actually putting your money into something that produces a return - one of the safest investments around with returns that beat any other form of passive investing. If you have money to invest, this is a great area to get into with 15%+ return with almost no down side.
This is still a real estate investing 'job' as tax lien certificates are short term, quick turn profit generators, not sustained over time, plus they take skill and talent to make the maximum profits.
6. Short Sales - this form of Real Estate Investing is another job, as your knowledge level and timing are extremely important. A lot of money can be made with this type of Real Estate Investing job - as much or more than any other form - once you know how.
7. Secondary notes/Purchasing Equity positions - a 'higher level' of real estate investing, where more knowledge is needed to limit the risk, however, the returns on equity position purchases can be extremely high - from 6%-10% for fully passive results and 'sky's the limit' for purchasing equity positions.
Yes, once you get past the internal false programming - the LIES you have been taught all your life about money, you can begin a successful career in Real Estate Investing - through a variety of Real Estate Investing Jobs and then onto true, full, watch-your-money-grow Real Estate Investing.
Steve Majors - The Lazy Investor
Profit from Real Estate Investment articles, real estate investing information and news from one of the most creative investors on the planet ~FREE MEMBERSHIP & real estate training course~ http://TheLazyInvestor.com
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