Ways To Money

Personally, I very much doubt you can actually make millions in real estate “overnight,” but I just wanted to catch your attention.

Certainly, we all know that many so-called real estate “Gurus” have made a lot of money -maybe not quite overnight- and not in real estate per se, but in selling books to the gullible readers that believe that there is a quick and easy way to vast wealth through real estate.

Real estate investments can be a source of considerable wealth to some, and the road to financial ruin for others. It all depends on the investor. Basically, there is a right way and a wrong way to approach any investment opportunity, with the right way leading to success and the wrong way to failure.

The successful investor in real estate is one who knows that investing is a numbers game, and has studied and carefully researched such details as cash flow, property values, rates of return, taxes, loan-to-value ratios and other key elements vital to investment success.

Even experienced and successful investors and developers cannot consistently make profitable deals -and we have said this before- without a backup team of real estate savvy realtors, attorneys and CPA’s. And, of c

Full Post…

It’s that time again. You’ve no doubt noticed the Christmas displays, the Thanksgiving recipe ideas, the commands to “make your holiday travel plans now!” Here are some exchange traded funds (ETFs) to get you through the season.

The past two years were disappointing for retailers. This year, however, they’ve got their fingers crossed for a turnaround. Mike Lewis for Transworld Business reports that the International Council of Shopping Centers (ICSC) forecasts that spending this holiday season will be up 3% to 3.5% over last year. If it’s true, it would be the largest increase since 2006. []

Jeff Miller forDiamonds.Net reports that the ICSC is  expecting holiday hiring to improve moderately over last year and overall employment growth to improve as well, which in turn should support increased spending. []

Terry Maxon for Dallas News says airlines could be poised to do well this season, too. That’s in part because passenger traffic is up, but it’s also because airlines have scaled back on the number of flights they offer.

ETFs that can help you take advantage of all the spending and traveling that takes place around this time of year:

Refinance your Idaho Mortgage now before interest rates go back up!!!!!!  An Idaho Refinance is what many people need to look into right now with where interest rates are at. Interest rates won’t stay this amazingly low for long so act now !!!! Below I have outlined four main reasons why you should do an Idaho refinance.

An Idaho mortgage is generally the largest debt most homeowners have to manage.  It’s a good idea to give your personal real estate finance portfolio a check-up at least once a year.

Since there are many reasons a homeowner may choose an Idaho refinance , we’ll take a look at the four most common.

1.  Mortgage Rates Drop:

Typically, the most common reason that homeowners do an Idaho refi is to secure a lower interest rate. Rate and loan amount determines the total cost that a borrower will pay.

The lower the interest rate, the less the overall cost will be. Interest is calcul Full Post…

You have patiently waited for the lender/servicers response to your request for a loan modification only to receive a few weeks, or months later a denial notice.  Now sometimes these letters will tell you why you were denied, but in some cases they will not and leave you speechless, and frustrated.  If you have the gumption and patience to call the lender and ask why here are some questions you will want to ask.

1). Why was I denied? Can I resubmit? In most cases YES you will be able to resubmit, you still want to find out the reason why your file was denied.  Do your homework!

3). I sent everything to you why are you closing my file? Can you reopen it if I send you all the information within 24 hours?  If you get resistance ask to speak to a manager.

4). what do you mean my financial information doesn’t qualify?

Tidbit: If you are denied due to your financial picture ask exactly why. It could be you are too negative and show that you cannot support a new modified payment.  It could also be you make too much money.  For the government program you can go to www.freeHAMPreport.com and run your financial information through their qualify software for FREE!! They even provide you with a downloadable packet to send to your lender.

5).

Full Post…

Imagine you’re rich. Super rich. Now, imagine you want to build yourself a clubhouse. Fun game so far, huh?

This clubhouse will be built in the middle of town, only you don’t want to have to pay for it. So, you convince your neighbors to pony up their money to pay for your shiny new clubhouse. Well, not so much convince as blackmail. See, if they don’t give you money to pay for the clubhouse, you will leave and take the town’s prized tourist attraction because, well, you own that, too.

So, they agree to build your clubhouse. Once built, you charge your neighbors an exorbitant fee to enter the clubhouse.

Sounds like a rotten deal, huh?

Interestingly enough, that’s exactly how most city stadiums are built. Sport teams are no doubt a huge part of a city’s culture (indeed, the Cincinnati Reds, DotLoop‘s own hometown team, won their division last night and clinched the playoffs, causing all sorts of excitement in the city), but often, the city never really owns the team. Or the stadium that is built by public tax dollars.

But don’t stadiums bring in revenue for the city? Yes and no. Yes, they bring in some new tax dollars, but no, not enough to offset the cost of building the stadium.

The bottom line: sports teams are great for a city or region’s culture and helps them brand themselves, but when private teams reap most of the benefits, shouldn’t they be the ones paying for the facilities?

Of course, the resale is where the real money is at. Just ask Detroit, w

Full Post…