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Multiple Streams of Income

With the recent economic crash felt ‘round the world, it’s never been more important to diversify. You need to introduce multiple streams of income… In other words, diversify your income streams… your investments… your businesses… It’s just how business is going to operate in the new decade.

You’ve got to have a number of ways to bring in money or you’re going to be left holding the bag one of these days.

Several years ago, the phrase “Multiple Streams of Income” gained significant popularity through seminars, events, and tele-trainings. The company essentially taught that there were 4 ways to make money:

  1. Real Estate Investing;
  2. Infopreneuring;
  3. Internet Marketing; and Continue reading

2010 Real Estate Investing Predictions

It’s been a year of mixed reviews for many people! Certainly, there were highlights, but many folks are happy to see 2009 ushered out and welcome 2010!
With the New Year – and new decade – there are going to be lots of changes to come in real estate investing, online marketing, information marketing, and business in general.

I know that lots of people are posting their thoughts, predictions, and opinions for the coming year! Here are just a few of my predictions for real estate industry – specifically for investors.

  1. Property Values Will Stabilize.
    We’re not going to see a huge change in property values this year. Many of the markets have bottomed out, or are close thereto. However, there is a lot of inventory that has yet to hit the market before we can start to see an increase in value. This will make it easier to evaluate properties and determine the after repair values as there’s less decline to calculate. However, there are still Continue reading

Real Estate Blog

Do you need a blog for real estate?

The simple answer is: Yes!

It’s not often that an answer in real estate is a definitive YES! But in this case… it’s cut and dry… it’s simple.

When I got started marketing properties online, there was no such “tool”. It was cumbersome, time consuming and mildly effective at best. But, with blogs, it’s become so simple to get up and running FAST.

Here are a few pointers to get you going with your own RE blog fast:

  • Buy a domain name (www.YourDomainName.com)
    You can do this at GoDaddy.com and or 1and1.com.
  • Set up a hosting account that has “cpanel with fantastico”
    Any hosting company should know what you’re talking a Continue reading

Realtor Screening

We have helped dozens of people all over the country save money and find solid deals through Realtors. We’ll personally screen each agent and speak with him/her on your behalf and help follow any deal through to closing.

Here’s What You Need to Do:

  1. Download this form (Right click, Save as)
  2. Fill out the form completely. (If there is any additional information that can help us, please provide that on a separate sheet of paper. The more specific and detailed you are, the better we will be able to match you to the right agents).
  3. Fax it to (305) 675-4664. No fax cover is necessary. Please provide your name on each sheet that you are faxing in, however.

Once we’ve received the form, you’ll receive a follow up phone call to go over any details we may need and begin contacting agents on your behalf.

Important Documents

Here, you’ll find Important Documents that you’ll find helpful in your investing business.

To download the forms, you’ll need to mouse over the link and “right-click” and “save as”

pdf Iron Clad Addendum (Right Click & Save As)
pdf Assignment of Contract Addendum (Right Click & Save As)
pdf Addendum for “Subject To” Pre-Foreclosure Deal (Right Click & Save As)
pdf Addendum for Wrap-Around Mortgage (Right Click & Save As)
pdf Addendum for Seller Finance (Right Click & Save As)
pdf Addendum for Lease Option (As Buyer) (Right Click & Save As)
pdf Addendum for Lease Option (As Seller) (Right Click & Save As)
pdf Comparison of Purchase Option Techniques (Right Click & Save As)
pdf Letter of Intent (Right Click & Save As)
pdf Standard Contract for Purchase & Sale (Right Click & Save As)

Must-Have Forms

Here, you’ll find must-have forms that you can use when you’re speaking to sellers, evaluating deals, and working with other people in the business.

To download the forms, you’ll need to mouse over the link and “right-click” and “save as”

pdf Seller Call In Worksheet (Right Click & Save As)
pdf Property Selection Grid (Right Click & Save As)
pdf Marketing Tracking Sheet (Right Click & Save As)
pdf Evaluating Creative Financing (Right Click & Save As)
pdf Target Market Worksheet (Right Click & Save As)
pdf Standard Contract for Purchase & Sale (Right Click & Save As)
pdf Joint Venture Agreement (Right Click & Save As)
pdf Acquisition Spreadsheet (Right Click & Save As)
pdf Closing Process/Critical Dates (Right Click & Save As)
pdf Customary Closing Costs (Conventional) (Right Click & Save As)

Giving Thanks and Moving Forward

Thanksgiving has always been one of my favorite holidays!

I remember back to when I was a child and we’d spend the day at my grandparents house. When we’d walk in the front door, the aroma of turkey and stuffing and pumpkin pie filled the air. I was always SO excited to get there.

Then, I would help my grandma in the kitchen. Usually she’d give me a task like preparing the salad (or something equally as “kid-friendly”). I’d help set the table with the fine china and I’d always sit in the same spot – right in front of the fireplace.

While the adults had their favorite cocktails, I had my orange juice with grenadine cherries inside my mom’s Shirley Temple glass or a German Beer stein! Continue reading

Real Estate Training

Back when I started investing in real estate, there were limited resources for training available. There were high end bootcamps that you could attend for upwards of $4000. There were $20,000+ mentorship programs out there. And there were a handful of “homestudy courses” if you knew where to find them.

It was before the Internet was a primary marketing and communications vehicle. It was before every investor that had done a single deal was a self-proclaimed “guru”. In some ways, it was quite simple. In many ways, it was more complicated to find the information.

Fast forward to now…

Continue reading

New Years Planning

Last week, a friend of mine posed the question inside my mastermind group:

“What is the one thing you’ll do differently in next year in your business?”

And the answers have been great! People have been reflecting on what’s been working well in their businesses and people have been looking at what they want to change.

The common thread that I saw go through all of the replies back was: systematize and organize. People want to reclaim their time. Sure, the money is obvious… We all want to continue to grow our companies and the bottom line. But that’s not what people are focusing on.

For me in my business, it’s simple. It comes down to three things: Continue reading

Are You Emotionally Ready For Financial Freedom?

This may sound like a funny title for an article, but think about it for a moment! How many people have you met that are just as broke at $90,000 as they were at $20,000?

You see, we tend to always try to “keep up with the Jones'” and buy the latest and greatest gadget or trinket. So, even though we live in a nicer home and drive a nicer car, at the end of the month, we’re left with little more than a few dollars at the end of the month – if we’re lucky! So what does all this mean?

It simply means that in order for you to achieve true financial freedom Continue reading