Archive for February, 2008

Why Real Estate is Great – Reason #1

Why Real Estate is Great – Reason #1

| February 25, 2008 | Reply

It has now been two years since I began investing in real estate in 2006.  I’ve now acquired 3 different properties totaling 9 units, and after pouring a few dollars exclusively into real estate, I sometimes wonder if I should consider other investment channels as well.  I’ve considered investing in the stock market, starting a small business, or even acquiring […]

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Why Saving Money Is An Old Idea

Why Saving Money Is An Old Idea

| February 22, 2008 | 1 Reply

I can remember talking about money with my dad when I was a child.  Sitting on the living room floor with my brother, my dad would layout all his spare change and say, “Boys, every weekend I’m going to give you my coins.  You need to start saving for a rainy day.“  Then he required us to keep coin rolls under his bed until […]

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Is Being Rich Important to You?

Is Being Rich Important to You?

| February 18, 2008 | Reply

If I had a nickel for each time I wanted to know how to become wealthy, I would probably be rich by now.  In fact, there’s a multi-billion dollar industry dedicated to teaching people how to invest and get rich.  But when it comes down to it, is the how really that important in the long run?  Maybe […]

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The State of Foreclosure

The State of Foreclosure

| February 16, 2008 | Reply

The nation’s real estate market continues to be haunted by foreclosure.  This week’s RealtyTrac reported the following highlights: The foreclosure rate in America’s top 100 metro areas has hit 1.38 percent. Detroit registered the highest foreclosure rate of any of the 100 largest metro areas, with nearly 5 percent of all homes going into foreclosure. […]

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Will You Be Doing Great in 2008?

Will You Be Doing Great in 2008?

| February 13, 2008 | Reply

It seems like yesterday that 2008 arrived, when each of us set our New Year’s Resolutions for the year.  At the time, we promised ourselves that we would try really hard in 2008 to meet our goals.  It’s now mid-February and the year is off to a fast start.  And you ask youself,  “Am I doing a good job of trying to reach my goals?”  For many of […]

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What Not to Say to Your Boss

What Not to Say to Your Boss

| February 6, 2008 | Reply

Here’s a posting that I found interesting from The Trump Blog located at www.trumpuniversity.com: If you’re smart, you’ve learned what not to say in a romantic relationship. You’d never tell a woman she looked fat in a dress or tell a man he was losing in his hair. But have you learned what not to […]

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Finding Motivated Sellers

Finding Motivated Sellers

| February 4, 2008 | Reply

Today marks my first experience in working with a motivated homeowner.  Although I’ve gotten good deals by using a real estate agent, I now see how better deals can be made by working with the owner directly. It all started two weeks ago when I began marketing to foreclosure owners and calling FSBO (For Sale By Owner) signs.  Last week I sent approximately 15 postcards […]

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