Real Estate Investing*
Fuel Your Investing Business with a Strong Power Team
In this first of a two-part series, Jordan Taylor takes a look at why you need a Power Team and how to build one.
Women & Money: the Case for Financial Literacy
The facts are frightening: Women earn approximately 80 percent of what men earn*.
Identity Theft Insurance
Identity theft crimes include credit card fraud, various types of consumer fraud, employment fraud, tax fraud, medical fraud, and more. How Will You Get Out of It?
Read eight exit strategies for single family and small multi-unit residential properties.
Understanding Leverage
One of the appeals of real estate investing as a wealth building tool is leverage, in this article ready why it's important to understand exactly what leverage is and how to make it work for you.
Sales & Negotiation Skills
One of the biggest parts of selling is listening and comprehending, and then using what you have learned to construct the deal.
E-Mail Etiquette
Whether you consider e-mail a blessing or a curse, or perhaps a bit of both, the fact is that this communication method is here to stay. To make e-mail work for you rather than letting it work against you, consider these 22 points.
Packaging Yourself for a Loan
The key to effectively packaging yourself for a loan is to put yourself in the lender's shoes, whether you're approaching a traditional bank, a hard money lender, a private investor, or another funding source. What would you want to know before you trusted someone with tens or hundreds of thousands of dollars of your money?
Separating Fact from Fiction (Book Review) *NEW*
Girouard delivers comprehensive definitions and explanations of various financial vehicles and how to use them, including stocks, mortgages, and insurance. The Ten Truths of Wealth Creation is an easy, worthwhile read for both new and experienced investors at any life stage.
No Money? Poor Credit
Wholesaling is one of the most powerful strategies in real estate investing, and it really is something you can do with no money and poor credit. Insuring Your RE Investment
To be sure that your real estate investment business is properly covered, understand what your risks are, how much liability you are able to accept, and what types of policies are available.
Mission 1: Credit Saving!
It's never too early for youngsters to begin developing their financial intelligence. The most important thing parents can do is to set a good example, but there are also plenty of other ways to plant the seeds of fiscal responsibility in children.
What are You Afraid Of?
Investing in real estate creates excitement & fear emotions. People get excited about the potential opportunities and benefits, but they're afraid at the same time.
A Time to Show Off
Whether you're in the market for buyers or tenants, how you show a property is a critical part of the process. Use these tips to prepare and show your units for positive results.
Understanding and Raising Your Credit Score
In this article you'll learn how you can save money on loans, credit card interest rates, and even insurance premiums.
Understand the Right of Redemption
The rate of foreclosures and the potential profits they offer to investors mean that they are likely to remain a popular real estate strategy. Should You Buy Before It's Built?
It's an exciting and appealing strategy: buying tomorrow's property at today's prices.
Stay Out of Court!
Book Review. Worried about getting sued? It's a legitimate fear.
Get the Most Out of the Wealth Intelligence Superconference
13 tips to help you get the maximum benefit when you attend the Wealth Intelligence Superconference.
Marketing Your Wholesale Business
No matter what business you're in, marketing is an essential element for success.
Charging Orders: What They Are, How They Work
These potential scenarios should concern any entrepreneur or investor.
Terms You Need to Know Before Investing in the Stock Market
Before you begin exploring the opportunities in stock trading and investing, learn the basic terms. Tips from theTeleconference
Our speakers discuss wholesale buying and rehabbing for profit.
Preconstruction Investing
Learn what investing in a property before the construction begins is all about. Focus on Foreclosure (Part 1)
What makes foreclosures so appealing to many real estate investors is that it's not a one-size-fits-all strategy.
Focus on Foreclosure (Part 2)
Part 2 will show you how to buy foreclosures at the auction.
Focus on Foreclosure (Part 3)
Part 3 tells you how you might still be able to get a good deal on a foreclosed property after the auction.
Book for Landlords and Property Managers
In this book, learn how take complicated tenant issues and makes them easy to understand.
The Power of Nice
Most of us can remember our mothers saying, “Be nice.” But then we grew up hearing things like, “Nice guys finish last.” So which is it? Student Housing - An Exciting New RE Niche
Savvy real estate investors are thinking of college as a way to make money rather than spend it because students all need a place to live.
What Would the Experts Do?
Learn how you can spend 90 minutes each month with some of the most brilliant minds in real estate investing, marketing, business, and more.
Get Online
Make the information superhighway a key part of your wealth-building plan.
Mobile Home Investing
Whether you call them trailers, mobile homes, or more accurately, manufactured homes, they're worth incorporating into your real estate investing plan.
The Truth About Mobile Home Appreciation and Depreciation
Mobile
homes offer a tremendous amount of opportunity for savvy real
estate investors, but if you’re familiar with the stereotypes about manufactured home appreciation (or lack thereof), you may be reluctant to add this housing type to your portfolio. Let’s dispel those myths with some solid facts.
Book Review - The Right Tenants
"Tenants are your most valuable asset, and choosing good ones is the most important decision landlords make."
ETFs Popular, Trendy, Hot
Exchange Traded Funds, commonly referred to as ETFs, were introduced in the early 1990s and have been gaining popularity ever since. What's the appeal?
The Buy Low, Sell High Myth
Most people think the best real estate strategy is to buy in a down cycle and sell in an up cycle. Though that is a good strategy, it's limited, because those cycles come around only every 7 to 10 years.
Investing in Tax Liens & Deeds
Tax liens and tax deeds have always been an exciting way to profit from real estate without actually purchasing property. In recent years, their popularity has increased.
Rate of Home Foreclosures
This increase in foreclosures is not a surprise and is being driven in large part by the increase in creative financing packages offered by lenders in recent years.
You Need Asset Protection
Protecting your wealth from these four threats is the foundation of an effective asset protection strategy.
Protect Yourself
Be aware by taking some simple precautions when showing homes or apartments.
Interview with Russ
Russ Whitney's has updated his bestselling classic guide to financial independence and wealth. Buiding Wealth completely revised and updated.
Benefits of e-mail
Consider these tips for getting the maximum benefit while avoiding the pitfalls of e-mail, whether you're at work or home.
Get a Coach in Your Corner
"If world-class athletes have coaches, why shouldn't world-class investors? Recognizing what coaching can do for you gives you an edge over someone who tries to go it alone.
Finding Your Way Through the Mortgage Jungle
This article highlight a list of some of the loan products you'll want to consider
when choosing a mortgage loan.
Keeping the Cash Coming In
Cash is the lifeblood of a business, whether it's a real estate investing operation or another type of company. The cash flow needs to be steady and strong for a company to survive and grow.
Options Offer Multiple Profit Opportunities
Mention "real estate investing strategies" and the first thing that typically comes to mind is buying and selling. But a strategy often overlooked and underutilized is options.
Federal Grants: Can they Help and What to Expect
Small businesses get a funding boost from the Federal government.
There's Gold in those Blogs
If you haven't checked out the Wealth Intelligence Academy® blog, we invite you to do so. Here's just a sampling of what you'll find.
Real Estate Bubble
Doom-and-gloom pundits are gleefully predicting a collapse of the American real estate market; other experts say that's impossible. Real estate author and attorney William Bronchick says, "The ''bubble theory'' is full of hot air."
An Infinite ROI
One of the basic strategies used by land developers across the country is to buy a tract of land, subdivide it into smaller parcels, then sell those parcels at a higher price per acre (or square foot) than the tract originally cost.
Do Lease Options Work?
Do lease options work today? The short answer is yes, but there are some important issues you should be aware of.
Opportunities for Foreclosures
Dreams are getting ready to turn into nightmares for homeowners with adjustable rate mortgages (ARMs) who are soon going to be dealing with higher monthly payments that they can't afford.
Resist Urge to Splurge
It's understandable that once you start to accumulate some cash you'll want to spend it on some luxuries. Resist that urge until...
What to Buy When You Get Cash
By applying sound investment strategies, you can make diversification work as a strong wealth-building tool.
American Bar
Few things are more important to a real estate investor than good credit-and that applies not only to the investor, but also to the people to whom he or she sells and rents.
Why Aren't You Rich
“After years of teaching and building one of the leading
financial education companies in the world, I have come to
understand that what stops people from reaching their economic
goals is not that they don’t know what to do and how
to do it, but that they don’t have the mindset that
will allow them to succeed,” Whitney says.
Home Office Security
Your home may be your castle, but just how safe and secure
is your home office? If you’re operating your real estate
investing business from your home, you likely have one or
more computers plus other equipment that might be attractive
to thieves or that could be destroyed in the event of a fire
or natural disaster.
Get the Cash You Need for Your Investments on eBay
finding the cash to fund that first property purchase is a big
challenge. But you may be able to turn those unused items taking
up space in your closets, garage, basement, and attic into the
cash you need to seed your wealth-building plan by selling them
on eBay.
Dirt is Good: Raw Land as a Wealth-Building Vehicle
Thinking about investing in real estate? Chances are, you're
considering buying houses, apartment buildings, or perhaps
offices or retail centers. These are all excellent investment
vehicles, but don't overlook the opportunity in plain dirt—that
is, undeveloped land. Real estate doesn't need to have buildings
on it to be a highly profitable investment if you know the
strategies of buying raw land.
The Value of a Mentor: Priceless
The concept of mentoring is a proven one and works in virtually
any environment—school, professional, and social. “All
successful people had mentors,” says Johnson. “Russ
Whitney himself will tell you he’s had many mentors
over the years, and still has mentors today.”
Asset Protection: Got it? Keep it!
Read an excerpt from Russ' book Millionaire Real Estate Mentor and how to
protect your "Assets".
Real
Estate Negotiating Tips
Russ Whitney says that even through the mechanics of real estate revolve around
land and buildings, your ability to deal with people is critical to your
success as a real estate investor. In his bestselling book, MIllionaire Real
Estate Mentor, Whitney offers this advice about negotiating real
estate deals.
Hiring Your First Employee
If starting a business is like giving birth, then hiring your first employee
may well be compared to choosing your child’s first babysitter.
It’s a decision that is critical to the overall health, well-being and
future of your company—and it can be a traumatic experience.
Success
Rx: Your Business Physical
You go to the doctor for a yearly check-up, so why not do the same for your
real estate investing business? At least once a year you should look at where
you've been and where you're going, what's right/wrong...the result will be a
healthier operation.
Top
5 (Most Idiotic) Sales Techniques
You'll get a good laugh and also learn as you read Len Foley's Top 5 (Most
Idiotic) Sales Techniques that are being used (still) today.
Q & A with Russ Whitney on Sales and Negotiation
Read Editor Jordan Taylor's article as she personally interviews Russ Whitney
about the importance of developing strong sales and negotiation skills.
Roadblock
Busters
How often have you said it? “I’d like to start my own business, but
...” So we went looking for roadblock busters—solutions to the
obstacles that are keeping you from realizing your dream of starting your own
business.
Buying
Wholesale at a Profitable Price
Savvy real estate investors know you make money on the buy—that is, to
either earn a positive cash flow while you own the property or get a check at
closing, you must buy at the right price. Read how to purchase wholesale
properties at a profitable price.
Rehabbing:
Fixing Up Cosmetically Distressed Properties
One of the most basic ways to invest in real estate is by buying
cosmetically-distressed properties, fixing them up, then either selling them
for an immediate profit or renting them for the long-term cash flow and for
building equity.
How
Much Should You Offer?
As an investor, you will rarely pay fair market value for a property. But as
you calculate your offer, you need to know what the market value is and then
put together a deal that will make the seller happy and be profitable for you.
How
To Approach Pre-Foreclosure Sellers
It's important to approach prospective sellers with tact and diplomacy. I
recommend a personal visit as soon as possible after you see the legal notice.
(Excerpts from Millionaire Mentor)
The
Dreaded "E" Word
There's a subject in real estate circles that no one really likes to talk about
or hear about. The dreaded "E" word is eviction.
How
To Make Your Rental Properties More Profitable
Having income-producing property is good. It becomes great when that property
is producing the maximum amount of income possible. Here are six ways to make
sure your properties are reaching their full profit potential.
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