by Brandon Reynolds | Dec 15, 2008 | Money-Making Ideas
For the last couple of months, I’ve sent the following postcard to every “house for rent” ad in my local paper. I don’t call on the ad, I just use a CD reverse directory to get the addresses from the phone numbers. Vacant? – NO MORE! Put...
by Brandon Reynolds | Dec 15, 2008 | Money-Making Ideas
Property owners who live out of state are frequently very motivated to sell their real estate. Tenants may have stopped paying the rent, started trashing the property, or the property may be vacant. It is very difficult to control your real estate investments when you...
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...