5 Reasons to Build a Real Estate Property Portfolio
Thursday, January 12th, 2012
I think you’ll agree with me that real estate investment deserves a closer look when I tell you that according to many sources 90% of the world’s richest people made their fortunes from property!
So here are just five quick reasons why I think you should consider building yourself a real estate portfolio.
Real Estate
1) Freedom – By working to create a profitable business from your underlying property assets you can free yourself from the shackles of 9 – 5 employment where your creativity is zapped and your potential overlooked!
In this day and age those who can say that they love their job are the much envied few. For the rest of us the daily grind is simply necessary to keep a roof over our heads, feed and clothe our children and hopefully be able to afford to retire some day.
Real Estate Investment Gone Bad
Friday, December 30th, 2011
In a time when every program promoter is out in full force, it is important to remember that there are many wolves in sheep’s clothing laying in wait. When involved with the wrong people real estate investment goes bad, very bad!
An interesting article in USA today featured a criminal named Brent Barber who bragged that he could tear up any state he wanted to, right from jail. Many of his fraudulent activities sound a lot like products being promoted nationwide. His scams include outright forgery and theft to more subtle programs using people’s “good credit” because his credit line “was maxed out”. While Brent’s programs were meant to swindle people, the net affect could be the same when dealing with people who are starting out with good intentions.
Real Estate Notes For Sale
Saturday, December 10th, 2011
Over the past few years, more and more people in the United States have been offering real estate notes for sale. Selling real estate is an easy way to turn one’s monthly receivable payment into an immediate and large sum of cash. A real estate note for sale can be a mortgage note, a contract for sale or a land contract.
The best way to find real estate notes for sale is to look for real estate note listings. Several websites provide information on real estate notes for sale. They usually list real estate notes from different states. These websites also provide information on various categories of real estate notes. You can approach real estate note brokers who generally have up-to-date information on the real estate note market. They can also simplify the process of transaction. Local newspapers and magazines are other places to look for real estate notes for sale. Real estate investment clubs are a good forum to discuss matters related to real estate notes.
Basic Steps in Estate Planning
Wednesday, August 24th, 2011
Estate planning isn’t just for the wealthy. It is to make sure your family is taken care of if something happens to you. The basic pieces of estate planning are a will, living will, durable power of attorney, and health-care proxy.
The Will
The most important part of your estate plan is your will. It names your heirs – the people you want to receive your money and possessions after you die. If you have children or dependents, a will also names the person you want to take care of them. In most states, you need a lawyer to create a will, but it needn’t be very expensive. If you die without a will, the state will decide who will get your money and who will take care of your children.