by Brandon Reynolds | Dec 15, 2008 | Money-Making Ideas
There is an incredible power in understanding the time value of money. The investor who understands the power of cash flows will be the investor who gets very rich. No matter what you do in your investment life you simply must understand the time value of money. The...
by Brandon Reynolds | Dec 15, 2008 | Money-Making Ideas
People spend cash on real estate for a variety of reasons. Probably the most common reason for spending any cash at all is that the bank making a new mortgage on the property requires a cash down payment or it won’t approve the mortgage. Some people make the...
by Brandon Reynolds | Dec 15, 2008 | Money-Making Ideas
I think it is time someone put a stop to the accelerated mortgage nonsense. This scheme, variously known as the “Banker’s Secret” or accelerated mortgage plan or bi-weekly mortgage plan are almost always a very poor deal for the person who decides to...
by Brandon Reynolds | Dec 15, 2008 | Money-Making Ideas
Investing in real estate or discounted paper is a wonderful way to increase the size of your retirement fund rapidly. The “Rule of 72” explains why. The Rule of 72 is a banker’s rule that calculates the number of years it will take for a sum of money...
by Brandon Reynolds | Dec 15, 2008 | Money-Making Ideas
Super Landlord Tip 1: Include in your lease the following wording: “Resident agrees to pay Landlord a service charge of $25 if it is necessary to deliver a legal notice for any violation of the rental agreement to this address.” Super Landlord Tip 2: Put...
