December 2007 Archives

Welcome to the Tenth Edition of The Carnival of Smarter Investing! Each week we’ll post featured articles by investors and writers in the areas of business and real estate, with the best article of the week being featured on the front page of boozwatt.com, for thousands to see! So get those creative juices flowing and send in your submissions. A new Carnival will be posted every week. To submit your article for next week’s edition, you can do so here.

Whether you have lots of money and great credit starting out, or no money and lousy credit starting out, either way, if you truly want to make a serious bid at building a property empire then you cannot discount the importance of learning how to find investor partners and equally how to find private lenders to help fund your real estate investing. As you go along in your real estate investing career, as long as you pay attention and get educated about real estate investing, you will find that the skill you possess in spotting value and valuable money-making opportunities in real estate will far, Far, FAR surpass your ability to get all the money you need to do all these many deals you come across- UNLESS...

As an Certified Appraiser I can tell you that the most common mistake that many beginning real estate investors make is that they pay too much for property. Fact is overpaying for property is often cited as the number one reason why so many newcomers fail to make it as profitable real estate investors. That’s because most beginning real estate investors are woefully under capitalized, and they don’t have the deep pockets that are needed to subsidize their overpriced real estate investments.

It's amazing how swiftly the financial landscape changes for someone in the house business. One would think that opportunities with houses would be fairly stable. In the good old days, changes in population, wages, and taxes were gradual and those in the house business could adapt to them without much fuss. Not so today.

There is no magic-pill with regards to becoming a moneymaking real estate investor. It is not just a case of jumping into the fray, and hoping for the best, or inheriting with an "investment gene". There are, however, several things that nearly each moneymaking real estate investor does, and one of the most important things is prepare. When a real estate investor makes money, you know that he has done his homework and kept himself and his team of professionals on track.

Welcome to the Ninth Edition of The Carnival of Smarter Investing! Each week we’ll post featured articles by investors and writers in the areas of business and real estate, with the best article of the week being featured on the front page of boozwatt.com, for thousands to see! So get those creative juices flowing and send in your submissions. A new Carnival will be posted every week. To submit your article for next week’s edition, you can do so here.

Our Bradenton, Florida real estate market has seen a rise in foreclosures and short sales. A short sale occurs when a lender is willing to accept less than the loan balance in order to avoide taking the home back in foreclosure. Many investors work the pre-foreclosure market and have an interest in buying property by means of a short sale. A few days ago I sat in on a conference call with a bank Loss Mitigator who answered questions about SHORT SALES. He has worked 11 years in the Loss Mitigation Department for a major lender. The call was an opportunity for a group of investors to ask questions. Here's the questions and answers:

The most important issue in the entire foreclosure process is that of how long it will take from the first payment being missed to the eviction of the homeowners. It is also an issue that most foreclosure victims have no idea about, and spend more time worrying about than any other aspect. Without knowing if or when the process has started, when the sheriff sale will be conducted, and how long they have after the auction until they are removed from the property, homeowners feel they have little control over the situation. Having a firm idea of the time frame of the foreclosure process, though, will allow them to put together reasonable plans to stop it with the time they have available.

Talking about foreclosure real estate can be hard enough without even entering the market. That's because foreclosures tend to have their own language, employing many obscure words originating in government housing legislation and real estate law. Without a background in these areas, prospective investors won't be able to decipher even the simplest foreclosure contract. This article lists some of the more common foreclosure-related terms as a reference for people interested in this lucrative market.

There are so many different business opportunities touted over the internet that wading through them can get confusing. However, if you are willing to take the time to investigate these opportunities and gain the skills you need to be a successful internet marketer, you will be in a good position to make money from home.

As the owner of your own business, you will need many skills to survive but it is the intrinsic qualities of patience, persistence, decisiveness, being a self-starter, and working well with others that will play an even larger role in your success. In no particular order, here are five qualities you should have if you intend to go into business for yourself.

Welcome to the Eighth Edition of The Carnival of Smarter Investing! Each week we’ll post featured articles by investors and writers in the areas of business and real estate, with the best article of the week being featured on the front page of boozwatt.com, for thousands to see! So get those creative juices flowing and send in your submissions. A new Carnival will be posted every Wednesday. To submit your article for next week’s edition, you can do so here.

Why The UK?

There are several reasons why we believe investing in property is, has been, and always will be as good a place for your money as there is out there! Firstly, the worldwide housing market is limited in supply and the population is ever-increasing at an exponential rate. This is true with most local markets as well as demand for housing continues to outstrip supply, pushing prices up and causing cities to expand. Simple supply and demand tells us that as demand grows faster than supply, prices must rise! Of course, investing in the right market and at the right time are integral to your success in property investment. Not all markets are rising, or have good rental returns; but if you are able to find the ones that are, you will do very well in the world of property investment!

Real estate investing is the classic wealth vehicle that has taken people from living hand to mouth to the pinnacle of wealth. It's the vehicle of choice because it's accessible to all of us. Everone has a least rented a house or apartment, and most of us have bought a house. So knowing what it's like to be renter or homeowner we have first hand knowledge of our customers when we set out to be real estate investors.

Flipping homes not only entails buying and reselling residential properties. An important component of this type of real estate investment is the renovation aspect. Obviously, if investors buy rundown homes, they need to fix it up a little to make it more attractive to potential buyers.

Welcome to the Seventh Edition of The Carnival of Smarter Investing! Each week we’ll post featured articles by investors and writers in the areas of business and real estate, with the best article of the week being featured on the front page of boozwatt.com, for thousands to see! So get those creative juices flowing and send in your submissions. A new Carnival will be posted every Wednesday. To submit your article for next week’s edition, you can do so here.

There are obviously a countless number of ways to invest money these days, however one is so fascinating we decided to test it out here at boozwatt.com. It’s called credit card arbitrage. It involves utilizing funds garnered from no interest credit card offers, and investing the money in various traditional avenues. Here’s how it works....

Commercial real estate, private money loans also know as hard money and or bridge loans are becoming more prevalent as borrowers enjoy less red tape, quicker closings and more “common sense” underwriting than conventional financing provides. Typically though, borrowers still relay on this type of financing as an option when conventional sources are not available.

Plan, Do, Achieve - Business Success. Action planning can help you get there fast!

Let me ask you three questions - Does business success planning sound more fun than business planning? To be successful in business, do you need to take action? Do you take action more quickly and easily when you are having fun, or when you know that your action will make a difference? Answering 'yes' to any of the above questions indicates that you are ready for business success planning - an action-oriented approach to help build your business faster. The driving force behind this is the thought that you can move faster and with more ease when you focus on doing what you enjoy and when you understand key requirements to grow your business. This eliminates the worry and loss of time that results when you have no business success plan.

A wonderful way to diversify your investment portfolio is to learn forex trading. Many new investors have discovered the world of foreign exchange trading to be an exciting new challenge. One that is filled with rewards that are beyond what they were achieving as stock traders. Currency forex trading is a great way to branch out into new investments. Experience a completely new world of investing by stepping outside of the chaotic domestic economy.

Napoleon Hill, the author of Think and Grow Rich, believes that a person does not have to be a genius to become rich. Any person can become wealthy if he thinks positively and has a deep desire to achieve his goal. Positive Thinking: You must see your financial dreams and know that you will be able to attain them. You must already own them.