One of the best places for the neophyte to learn to negotiate is at garage sales or flea markets, It's the equivalent of playing pool for "fun". Following are a baker's dozen ploys among many I've used to soften up garage sale sellers, and which can be applied to house sellers, to get them to relax and start having fun with their sale, and to help my negotiation,
Continue reading “Use Garage Sales And Flea Markets To Hone Your Skills”
Since there is a possibility that the United States will start another war they cannot afford, I was wondering what Jack’s advice was in 2003, shortly after the US invaded Iraq. How did the war in 2003 affect real estate investing? I was surprised at what I found. See this...
Continue reading “How Will Another War (the Us Cannot Afford) Affect Investors?”
Where does it say that a lender is entitled to interest payments? Brokers are quick to point out that the internal revenue code will impute interest to transactions where no interest is specified. This has nothing to do with the fact that nobody is required to charge interest on a loan. As a matter of fact, the vast majority of money in America is loaned out at zero interest!
The benefits of a Roth IRA are legendary, but the benefits of an inherited Roth IRA are even better. One of the best legacies you can leave to your children or grandchildren is an inherited Roth IRA. By leaving a Roth IRA to your beneficiaries, you leave them with the ability to create a stream of tax and penalty free income for their lifetime, regardless of their age when they inherit the account. This is particularly powerful if the beneficiary of the Roth IRA is a young child.
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Learn how a tour business in Central America reveals the financial health of people from all over the world. And learn how you can increase monthly cash flow and cash reserves
Learn 8 creative ways to find super cheap mobile homes deals which would be ideal "Lonnie Deal" candidates. Also learn how to find all the mobile home parks near you.
AUDIO: Peter Fortunato discusses why real estate investing is ALIVE and well during this weekly training call at CashFlowDepot.com Listen the the 1 hour audio below to learn:
• Why real estate investing is very alive and well – despite hedge funds
• What to say to get motivated sellers leads from people you don’t even know
• How to get sellers to agree to seller finance with great terms
• How you can pay retail and still get great cash flow
• Why you can make better deals with caring than you can with dollars
• and much more
Vacant houses are usually the best deals. They are obviously a house that no one is living in and a house that someone would probably like to get rid of especially if they are making payments on it. To make a deal you have to find the owner. Here are some tips (and a story)for finding the owner of a vacant house.
Instead of listing properties, the astute wheeler dealer can simply buy a short term 3 to 6 month Option to sell a marketable property at a net price to the Seller that's about 80% of market price… assuming this is a property in great condition. If you option a $100,000 house for $80,000, then sell it for $90,000, you will make $10,000. (much more than the real estate listing would net with a commission).
Continue reading “How To Make $50,000 In Five Months Without A Job.. See The Video”
PLAY DUMB! No matter how the other guy explains what he wants out of the deal, just don't catch on. A real exercise in ego suppression - and one of the most valuable of all skills - is to be able to drop 60 points off your I.Q. and just say 'I don't get it.' 'How could that be?' 'Why are you charging me all that money when you said you only wanted $100,000.?' 'Explain it to me again.'
