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Creative Real Estate Investing Techniques
With a job that paid $3.40 an hour, I saved $5,000. I used $3,500 of it to buy my first piece of real estate - 2 acres near where I lived. As you can guess, this was many years ago. A few hours removing brush, and it was ready to sell. I...
How to Find Value in No Load Mutual Fund Investing
What are you thinking when it comes to your no load mutual fund selections? Are you saving pennies and sacrificing dollars?
Are you spending your time looking at expense ratios, analyzing Morningstar ratings and searching for funds with low...
Networking 101
As a new business owner you must wear many hats.
You will need knowledge of accounting, marketing, advertising, management, administration, inventory, sales, etc., in addition to knowledge pertaining to your industry. Since you may be very...
Prospering with Mutual Funds: How anyone can “Afford” an Investment Advisor
Recently I was invited to appear on a live CNNfn television show to discuss my article “How to evaluate Load vs. No Load Mutual Funds.” (You can read that article on my website http://www.successful-investment.com/articles21.htm)
As the...
Tips for investing
Many people want to take advantage of the opportunity to invest as a way to supplement their income, but few people have the knowledge or the time to monitor stocks and they are reluctant to pay the high fees associated with full-service brokers.
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3 Truths About Tax Lien Certificate Investing
Truth #1 - It is going to take some work on your part to
succeed. If you have done some research into tax lien
certificates and tax deeds you may have heard some so called
"gurus" bragging about how easy it is to make a fortune. While
it is easier and safer than many investments, it doesn't come
without some work on your part. You need to learn about the
business and you need to invest some of your time to succeed.
The good news is that with less work than most traditional
investments you can get substantially higher returns while
exposing yourself to less risk.
Truth #2 - There are hidden treasures for those that are
persistent. You've heard the stories I'm sure. An investor
buys a tax lien certificate at auction, the owner doesn't
redeem, and the investor ends up with 25 acres of land for the
low price of 68 dollars.
First let me say that these sorts of things do happen and more
often than you think. I personally know the gentlemen who bought
the previous piece of land for 68
dollars. But you can be sure
that it did not happen the first time at the auction. With some
persistence and a little bit of experience you can get better at
finding the jackpots.
Truth #3 - Most properties at auction do have real value.
There are a lot of reasons that a property can end up at
auction. The common misconception is that most of the properties
do not have any real value. True - there are properties on the
auction that seem worthless, and to many, they are - but to the
creative investor they are literal gold mines.
Think outside the box. Put your mind to work and you'll discover
that there are a lot of things you can do with the property that
no one else wants. By being creative you give yourself an
advantage over 99% of the people at the auction. Now cash in on
it!
Invest some time and money into the business and you will
discover that there are huge returns waiting.
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