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Six things small business people do that hurts their business.
Most small businesses are poorly managed. Here is a test you can run. The next five businesses you go into make a list of everything you find wrong. Look for everything cleanness, organization, politeness, easy of use, communication, service, product quality, etc. Now do the same for your business.
Why Real Estate is still a good investment.
Real Estate has always been a store of wealth because everyone needs and uses it. Most rich people got and stay that way via real estate directly or indirectly. Here in brief is the ways real estate makes you money. Some or most will apply to your real estate purchase.
Self directed Roth IRA
You can use a self directed Roth IRA for real estate investing. We are using an IRA to finance a rental property. The Roth is replacing the bank as the source of funds. To accomplish this we did the following.
Contour Property ready for re-hab
This property Is a double wide manuafactured home on a corner lot. Size is 27' 8' x 70' 6 '' or 1,963 square feet (approx).
Three bedrooms, two living areas, fire place, large kitchen,
laundry room, central air and heat, large master bath and walk in closet, back porch. Needs carpet, paint and minor repairs.
Repainted and with new carpet this house will be impressive. Large open very livable floor plan.
Added some after pictures
I added some after pictures to 240 taft post.
I will add the cost info in a couple of weeks.
The articles on the left
The articles on the left of this page represent a collage level course in making money with rental real estate. The information is free for you to use as you see fit.
Participating lending program.
We have started a program where private real estate lenders (that is you) can participate in the price appreciation of the property that secures the loan you make to Gem Rentals.
Here is how this works
We find the property and buy it for cash.
Evaluation work sheet
Here is the evaluation work sheet I use. Ke
New Years Resolutions
Have you set your New Years Resolutions? My goal is to purchase 12 to 20 new front doors during 2012 and to finish the three we have left to do from this year.
Lenders Wanted, Or where to get the money?
I am always looking for people who will lend me money on one of my properties. I give them a first Lien on the real estate and pay the lender 7% or 8% interest. 8% for amounts over $40,000 with a commitment of five years or longer. Payments can be monthly, quarterly, annually or any way we can agree to.
Recent blog posts
- Six things small business people do that hurts their business.
- Why Real Estate is still a good investment.
- Self directed Roth IRA
- Contour Property ready for re-hab
- Added some after pictures
- The articles on the left
- Participating lending program.
- Evaluation work sheet
- New Years Resolutions
- Lenders Wanted, Or where to get the money?
Recent comments
- Mortgage problems are
1 year 18 weeks ago - When we talked about money,
1 year 28 weeks ago - Auctions held for charities
1 year 30 weeks ago - answer this post
1 year 36 weeks ago - The business
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2 years 16 weeks ago - Storage space
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2 years 31 weeks ago - update
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