In the wake of the incredible house price boom witnessed in most of the developed world over the past decade, a lot of ideas have sprung up as to how to value a house 'fairly'. The reason for this is that traditional methods, such as working out house prices as a multiple of salaries, or perhaps mortgage affordability as a percentage of income, seem to have 'stopped working' recently.There can be no doubt that house prices are .. ahem! .. at the...more
When I started my business, if I knew then what I know now I either would not have started it or I would have become profitable much faster! Everyone who has their own business needs to learn an incredible amount. Perhaps the most important business tenet is so simple - you make money when you sell stuff. To sell stuff, you market. To market effectively, it's important to specify a segment of the market to whom to target your marketing...more
Of the 75 million baby boomers nearing retirement today, many are: Debt Ridden Severely unprepared for retirement Under Funded Without a StrategyThis is a very serious problem in a country that we can all remember used to assure most people of a retirement where you are taken care of financially.We all know that social security alone is not the answer to this problem. Many baby boomers are on the cusp of retirement without the ability to pay their basic living expenses with the money they will have coming in after retirement.This means most will be looking for jobs to compensate, or they will be looking for extensions of their current jobs past the time they had hoped to retire and enjoy their lives comfortably.Out of embarrassment, many people answer their friends by saying they wouldn't know what to do with themselves in retirement to justify why they are still working to make ends meet past retirement age.If you are in the situation above or can picture that situation in the next 10 years, there is something you can do to change that financial prognosis.First, look at your 401k. Calculate what you could expect at retirement if you could actively manage it up to 8% more in yearly...more
Computerized investing. Online investing. Have you taken the next step yet? These days among savvy investors, online investment resources are synonymous with opportunity.The capabilities that we currently have at our fingertips were unavailable just ten years ago. The speed at which you can invest with an online broker, along with ease of use (you...more
January and February are traditionally busy months in the financial industry as many New Year's resolutions typically include the goal of becoming debt free or saving for a major purchase. While many of our clients understand the importance of getting professional help when managing their business bookkeeping, only a few think to ask for our...more
By now, many of you are already somewhat familiar with private mortgage notes and how they are used to help facilitate the sale of a property. You may also know that there is a whole industry out there where note investors are in the market to buy your mortgage note.There are many reasons why people create mortgage notes in the first place. They include helping a buyer who may not qualify for the full amount of the loan needed to buy the property or they may be a relative. Sometimes property sellers are willing to create mortgage notes because they help to move a property faster.They also can be an opportunity for the home seller to earn a higher interest rate than other investment vehicles.Sometimes, however, notes can go bad. There is always the risk involved for the property seller that unforeseen circumstances can cause the buyer (the payor on the note) to fall behind on payments or totally default on the note altogether. What do you do then?What you may not know, however, is that when, and if, a mortgage note goes bad there may still options for you to sell it. There are investors out there who are looking for delinquent mortgage notes too.The number of investors who do buy...more
Betrayal, it can hit you like a load of bricks falling from the sky, leaving you with a pit in your stomach that no pill can cure. Starting your own business is hard enough, however when your inside people are working against you as well, it can make...more
Save your money! Watch out for internet scams!There are a million scams lurking around on the internet. I sure hope you've never been the victim of one, but chances are you've probably noticed a least one scam. A lot of these scams can be luring and...more
First of all, I want to give everyone the disclaimer that I am not a registered financial advisor and I don't play one on TV. Therefore, I cannot legally provide financial advice and I will not do so. This is for informational purposes only and I'm...more
As we've reached the half way point of the year I'm thinking this might be a good time to pull up and evaluate things. Look back over the first 6 months, and look ahead to the upcoming days and months. Get some clarity. You know?Ask ourselves some...more
With literally millions of auctions taking place on ebay.com all the time, you can probably already guess what the number 1 essential you need in order to succeed on ebay. You need a 'USP'. What is a USP? Simple - a Unique Selling Proposition....more
If you want to start a business in 2005, and start making money almost immediately, the sites listed below are some of the best I have found. I've chosen each site because it is absolutely outstanding in providing the tools you need to get started,...more