Tag Archives: real estate

Back to the Basics Real Estate

Discover the BIGGEST Secret to Making Money in Real Estate In the Current Market!

Here’s What You’ll Learn When You Claim Your Access to the Back to the Basics Real Estate System Right Now:

Business Basics: Getting Set Up for Success…

  • Different types of business entities. Corporations, LLCs, Partnerships, S-Corps, Etc.
  • Time Management and Business Planning so you can run your business in less than 1 hour per day!
  • Building your power team: The right team members will save (and make) you MILLIONS! Gauranteed.
  • Cleaning up your credit and getting business lines of credit. Continue reading →

Partnerships: Beware!

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I can remember back years ago when I was getting started in real estate with my first business partner and long time friend. We heard the warnings. We read all the horror stories of partnerships gone bad. And then… we decided that we were different and our situation was “different”!

You see, we’d been friends for years before, had started several different businesses together and had lived and worked closely for the past 5 years. So all those bad things that happen to other partnerships surely wouldn’t happen to us.

Plus, we were going to make sure we did things right! We were going to set up a business entity. After going back and forth from attorney to CPA; LLC to S corp, we eventually settled on the S Corp. It was cheaper and since we couldn’t find any conclusive reason not to, we dove in and were now 50/50 partners in our own business.

A few years later after our adventure began, we found ourselves in litigation and in an ugly battle! So, why did things take such a turn for the worse?
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The 4 Stages of Finding Foreclosure Properties

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Every time you turn around, the word ‘foreclosure’ is all over the news! So… if you’re a home buyer looking to buy a foreclosure property or an investor wanting to learn how to invest in foreclosure property, then you’re timing couldn’t be better!

There is a lot out there on foreclosures; from how to stop your own foreclosure to how to ‘get the deed’. You could probably go to a different foreclosure seminar every other night for a month to learn the tips, tricks and tactics.

BUT… NONE of that matters unless you know how to FIND FORECLOSURES. It doesn’t matter how you negotiate with homeowners, what you say to Continue reading →

Short Sales – Don’t Do It

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by R. Preston Ely

Have someone else do it for you.

Short sales get dealt with just like everything else in my life that even remotely smells like stressful labor; they get delegated. Outsourced. Sub’d out. Avoided at all cost. The purpose of this article is to encourage you to do the same.

Life is too short to do things you hate. Don’t you feel the same way? Did you know you don’t have to do things you don’t like? You are not a prisoner. You’re free. I spent ten years of my life doing what the world considers “real” work. I’m done. Real work blows. Who is to say what is real and what isn’t anyways?

“Reality is an illusion. Albeit, a persistent one.” – Albert Einstein

Something wonderful clicked inside my head a few years back after my dangerous escape from Cubic-Hell. It’s weird because it just evolved kind of naturally. The only way I can describe it is a complete 100% aversion to doing anything at all that I don’t find enjoyable…and the ability to actually get away with it.How to outsource all your unwanted “duties” in life is the topic of another article. Let’s focus on the subject of short sales for now. Continue reading →