Small businesses are the major driving forces in our economy. So why then do 50 % of small businesses fail in their first year, and 95% by their fifth year? The answer is simple: they run out of MONEY!

Dun and Bradstreet, where lenders turn when deciding how much credit they are willing to give you for your business, compiled these most frequently asked questions about the important subject of business credit.
(more…)

When real estate investors evaluate their options for securing deals and making profits, foreclosures are a great option for investing. Whether its preforeclosure, short sales, or bank owned foreclosures, investing is still based on the basic principles of finding good quality deals and knowing how to ethically and legally profit from them.
(more…)

We have all heard the ‘infomercial’ and the Internet claims regarding tax foreclosed property:

• “You will own the property FREE and CLEAR!”
• “All other liens and interests are WIPED OUT!”
• “You will hold the FIRST PRIORITY security interest!”
• “The Government Guarantees these properties!”
• “All liens, interests, and encumbrances are ERASED!”
• “You can do this part-time with nothing down!”
• “You don’t need to set up a company…just get out there and make a deal!”

(more…)

In a previous article, I asked you to consider a slight change of philosophy, or a paradigm shift if you will, when it comes to types of income. What’s the best kind of income? I think it is the kind that you don’t have to work for and that comes in, whether you’re doing anything or not. That is what monthly residual income is and is what it can be for you when you invest in the right sorts of things, such as apartments.
(more…)

We have all heard the stories and heard the claims about tax foreclosure sales. You know the stories where someone purchases a house or property for $1,000 dollars with a true market value of $50,000. They then turn around and sell it for a huge profit. In fact everywhere I turn someone is talking about the wonderful purchase opportunities that tax sales and tax liens can hold. Before I started investing in tax sales my first question was, (more…)

Success is often gauged by one’s income. That’s just the way of the world, regardless of how much you agree with it, and it is important to understand that there are several forms of income. Most traditional careers or means of earning a living focus on one particular income stream, that being the type where you trade time or effort for compensation.

Look at a traditional job. You spend a certain amount of time and effort and you get a paycheck as a result. If you don’t work, you don’t get paid. Employers (at least some, anyway) work to help their employees create a better tomorrow through building of retirement accounts. These represent a sort of asset that is cashed in later in life to replace a previous income source.
(more…)

In a previous article, I introduced the idea of having a team around you to help build your apartment empire. Let me quickly remind you that having a good professional team is recommended for any kind of real estate investing. Just to recap, some of the essential team members that you’ll want to have in place include: (more…)

A business entity can provide personal liability protection for its owners. The problem is that many people start business without proper instruction on how to run and manage agreements between parties, agreements with customers, internal paperwork, cash controls, voting rules, state and Federal reporting requirements and a host of other issues.
(more…)

Click Here to Buy Stacy’s Probate Power Profits Course

Two of the three primary reasons to be a real estate investor are quick cash and long-term wealth. The reality will set in at some point that you can make a lot of quick cash in real estate but it also will not make you wealthy. Wealth comes from investing in appreciating assets and letting your investments work for you. Real estate offers this opportunity but only if you hold some of the properties in which you invest. This usually requires capital so where is it going to come from? (more…)