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Give
Yourself a Nice Pay Raise - And A Three Day Weekend, Every
Weekend
By
the end of this week, you can give yourself a pay raise. How
does an extra $20/hr sound... and schedule a few days vacation
while you’re at it!
After
a month or two, how about another raise... to $2,000 a week.
It’s
happening everywhere. Ordinary people --- including folks who
never finished school --- starting their own businesses...
and making side incomes in the neighborhood of $40,000... $60,000...
even $100,000 or more a year.
They're
living the American Dream. Now it’s time for you to start living
it too. Read
on...
-
Charlie Byrne
"There
is probably not more than one hundred dollars in cash in
circulation today. That is, if you were to call in all
the bills and silver and gold in the country at noon tomorrow
and pile them on the table, you would find that you had
just about one hundred dollars, with perhaps several Canadian
pennies and a few peppermint Life Savers."
-
Robert Benchley
12
Reasons Private Money Will Propel Your Real Estate Investments
By Alan Cowgill
In Message
#1786, I explained that one of the most critical elements
of real estate investing is where to find the money to fund
your deals. And I said there are 6 sources that most investors
use, but which I have found to limit my profitability and
control ... and waste my precious time:
1.
Banks
2. Credit cards
3. Lines of credit
4. Creative techniques with the seller
5. Partner(s)
6. Hard-money lenders
In
that article, I discussed the pitfalls of each of these sources
of cash, and suggested that with Private Money Lending, you
can avoid the headaches and increase your profitability.
Why
I Turned to Private Money Lending
My
burning desire to finally become a full-time real estate investor
had come to fruition. I quit my full-time job of 17 years in
November of 2001. With this career change, banks did not want
to touch me with a 10-foot pole. I immediately needed to face
the nagging problem: "Where do I find private investors
to fund my real estate deals?"
Without
a serious influx of cash to acquire and rehab properties, I
would not be able to take my business where I wanted it to
go.
Funding
was a part of the business that I had neglected. It had been
sitting on a back burner, but now moved up to my number one
business priority.
I
decided to implement a few
key marketing strategies to attract private investors.
When
I took that step, everything changed for the better.
How
My Real Estate Business Took Off With Unlimited Cash
What
are some of the
advantages of using private money for your real estate
investments?
1.
Fast access to cash means you can often buy property at a
discount.
2.
You don't have to deal with credit checks, and the load doesn't
show up on your credit report.
3.
You have access to unlimited funds. Within four months of
marketing for private lenders, I had more cash than houses,
and my network just keeps growing.
4.
You have control. You set the rules. And you don't have any
partners to argue with, which saves time and money.
5.
You can help your friends and family who invest with you
by providing a high return for their money. You also create
genuine relationships with other private lenders who help
you grow your business. You are not a number or a balance
sheet to these people.
6.
You can get some of your profit when you buy.
7.
You don't have to make monthly payments, so you have cash
to work with. You pay off your loan once you sell.
8.
Private loans are far more flexible than most other financing.
As long as you and the lender agree, you should be able to
structure the loan to suit your needs.
9.
You can make offers with confidence. No bank has to come
and qualify the property.
10.
You can structure quick and more profitable exit strategies
for selling without pre-payment penalties.
11.
You save money, because you have no down payment, no points,
no shared profits.
12.
You can fund the purchase of defaulted paper. (When dealing
with foreclosures, there is often no time to wait for approval
of a traditional loan.)
In
essence, private loans can help you build a foundation for
a very profitable business buying and selling homes.
In
this business, when a deal comes along, you have to move fast.
Many investors have watched a deal slip through their hands
while they waited for the bank to approve their loan. But
when you have private money available, that won't happen
to you. You can make an offer knowing you can go ahead and
set a closing date. Meanwhile, your competition is wondering
how you did it so quickly!
[Ed.
Note: Alan Cowgill is a speaker, author, and real estate entrepreneur
who has bought or sold over 200 investment properties. You
are invited to join a select group of Early to Rise readers
in an exclusive teleseminar and listen to Alan speak about
how to secure private money and use the cash to propel your
real estate business. Learn more
now.
The "Tossed-Salad" Approach
to Marketing
By
Michael Masterson
Recently,
RP sent me a draft of a sales letter he was working on and
asked for my critique. The copy was strong, but there was a
big problem with it. And this is a problem that is so common
among copywriters, new and experienced, that I wanted to share
it with you.
Like many copywriters, RP was trying to sell every single aspect
of his client's product at once. But that makes for copy that's
messy ... and weak. Instead of a strong sales letter, you have
a tossed salad.
That's an indication of either timidity or confusion on the part
of the writer.
If the product is good, it will have piles of benefits and multiple
ideas that could all pique your readers' interest.
But you can't lead with all of them.
You must determine your core marketing proposition - just ONE
of your product's central ideas or promises.
That's
it. Pick ONE. And sell it strong.
[Ed.
Note: No matter what role you play in your company's marketing
efforts, AWAI's
Accelerated Program for Six-Figure Copywriting
*Highly
Recommended *
Access
to Unlimited Cash to Fund Your Investments
“We
were blown away... Within a month we received a commitment
of over $1.4 million. All this happened when after 20 minutes
of presenting your private lending slide presentation in his
office on our laptop he interrupted and asked, "What could
you do with a million."
Troy
Wilkinson
Learn
how to quickly gain access to unlimited cash to fund
your real estate investments through private money loans.
The
Double-Edged Sword of Obesity
By
Jon Herring
Being
overweight is not only a health risk, it can also reduce your
motor skills and mental ability. Researchers recently found
that, in general, individuals with more abdominal fat and higher
blood pressure performed most poorly on both types of tasks.
In
other words, obesity can kill your golf game ... and your career
... and YOU at the same time.
To
reverse these harmful risk factors ...
1.
Be consistent with your exercise program. If you don't exercise
regularly right now, begin by participating, several times
a week, in an activity you enjoy. Maybe salsa dancing, swimming,
or walking. There are lots of ways to burn calories without
spending hours in a health club.
2.
Reduce your consumption of sugar and starchy foods.
3.
Focus on eating whole, natural foods, such as lean proteins
(wild salmon, chicken, lean red meat), fruits, vegetables,
and nuts.
(Source:
International Journal of Obesity)
Reader
Feedback: "Thank you for getting the word out about
health and nutrition!"
"Thank you for such a great, insightful newsletter. Every
day, I am able to get a new idea or perspective on the more important
things in life: health, wealth, and wisdom.
"I
especially want to commend your health editor, Jon Herring,
for getting the word out about correct, unbiased health and
nutrition information. His articles, specifically the ones
concerning fat and cholesterol, are a breath of fresh air in
the age of misinformation
and confusion about what constitutes a healthy lifestyle."
Marc
Asheville, NC
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Word
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(as
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also gives much of the book over to the voice and point of
view of Wyatt's bright, quirky Aunt Ellen, who functions as
a sapient observer of the world of the novel."
