* Highly
Recommended *
You
Can Import Goods From Overseas For Pennies On the Dollar!
It
may have been hard in the past for small entrepreneurs to import
cheap products from countries like China, but things have drastically
changed.
For
example, In 1986, total trade between the United States and
China was $7.9 billion. By 2005, this total has reached over
$170 billion, making China the United States' third largest
trading partner.
You
can't believe how easy this is. With the right information,
you just find products that cost a couple of dollars each and
sell them for 1000%+ mark-ups by the thousands with your own
Internet sites.
Please click
here to read this urgent report.
-
Patrick Coffey
Don't
Change Your Horse in the Middle of the Race
By
Tom Phelan
Gene
Roberts of Marion, OH wrote to me with a question about 1031
Exchanges. He said:
"My
wife and I currently have a single-family rental that we
purchased with a 1031 Exchange. We are looking at exchanging
this single-family for a multi-family, as Dave Lindahl has
been recommending in ETR. My question: Must the multi-family
be titled the same as our single-family home? Or can the
multi-family be titled in a trust or LLC and still meet IRS
requirements?
"I
have been told by a CPA that this is no problem, but would
appreciate your comments on whether or not this would meet
IRS requirements."
In
the world of 1031 Exchanging, there is a saying: You cannot
change horses in the middle of the race. Basically, this means
that entity changes are not allowed when exchanging from one
property to another. And it sounds to me like Gene wants to
go from a TIC (Tenant In Common) entity to an LLC (Limited
Liability Company) entity.
What
someone in Gene's position should do is a 1031 Exchange in
the same legal entity, whether it be Tenants In Common, Joint
Tenancy, Limited Partnership, or whatever. After acquiring
the property, wait one year (yep, a whole year) before changing
entities. One year is suggested because of the one-year "holding
period" the IRS likes to see.
In
Gene's case, I would absolutely NOT listen to a CPA or realtor
whose experience with 1031 Exchanges is probably limited. Instead,
he should check with a professional 1031 Exchange Intermediary.
These are qualified individuals, intimately familiar with regulations
surrounding 1031 Exchanging, who will give the straight scoop
for FREE.
I
recommend Starker Services or Asset Preservations, both National
Intermediaries with lots of experience that are bonded and
insured. You can find their contact information by typing the
company names into Google. Both are headquartered in California.
[Ed.
Note: Tom Phelan is a leading real estate tax-loophole expert.
He travels across the country, educating CPAs, realtors, lawyers,
mortgage brokers, and individuals about the benefits of 1031
Exchanges and Self-Directed IRAs. Tom is also the co-author
of ETR's
1031 Exchange Course.]
"...
consumers want to be thrilled not only by the guarantee
of the Good but also by the shudder of the Bad."
-
Umberto Eco
How
to Create Powerful Offers That Drive Sales Through the
Roof
By
Yanik Silver
Do
you remember in the movie "The
Godfather" ... when Don Corleone says, "I'm
gonna make him an offer he can't refuse"?
Well,
this simple concept is the backbone of any successful sales
proposition. (Though, if I were you, I'd leave out the implied
threats of violence.)
So,
from now on, it's your job to create such powerful offers that
anyone reading them would say to themselves, "I'd have
to be a complete idiot not to take them up on this deal!"
And
creating powerful offers like these is easier than you think.
In fact, all you have to do is make sure you include three "irresistible" components.
Let
me share with you one of the most compelling offers I've seen.
It took a dying hotel on the wrong side of the Vegas "strip," and
transformed it into a super moneymaker.
Following
is an excerpt from this very successful ad that used to run
for Bob Stupak's Vegas World hotel. Take a look at this deal
and see if you wouldn't act on it ... even if you were just
an occasional gambler:
Act
now, to receive a virtually free Las Vegas vacation. For
$198 per person or $396 per couple:
1. I
will put you up in a luxurious mini-suite in an exciting
Las Vegas hotel right on the famous strip.
2. I
will give you free tickets to a show with name entertainers.
3. I
will put a chilled bottle of Champagne in your room for
free.
4. I'll
let you drink as much as want for free, whether you're
at the gaming tables, playing slots, or in one of the lounges.
5. I'll
hand you $1,000 of my money to gamble with for free.
6. I'll
let you keep all your winnings.
7. I'll
guarantee you'll win a color TV, VCR, or a faux diamond
ring.
Obviously,
I'm not going to give this incredible deal to everybody
in the whole world. There can only be [a small number]
of these vacation packages available. First come, first
served.
If
that's not an irresistible offer, I don't know what is. The
closer you can get to something like this, the more customers
you'll have falling all over themselves to give you their money.
Does
the Vegas World offer give you a few ideas?
- The
First Component of an Irresistible Offer: The Bonus Pile-On
Vegas
World's offer uses a concept I call the "Bonus Pile-On." It
works by piling on bonus after bonus - until, finally, your
customers have to say "no mas" ... and whip out
their charge cards.
It
was the same thing with the famous Ginsu knife commercials
a few years back. They used this technique to sell millions
of dollars worth of cutlery. The announcer would say, "And
if you act now, you'll also get ..." and then about
15 different knives and kitchen gadgets would pop up on the
screen.
It
made you think about how much value you were getting for
such a little price. That's the power of the "bonus
pile-on."
So
what's the best way to start using this in your business?
Well,
one of the best ways I know is by giving away a series of
valuable reports with any purchase. You could even make this
information available as a download from your website, so
you'd have zero distribution cost. Or you could make deals
with other businesses, whereby they let you give away a sample
of their product or service to your customers.
If
you use your imagination, you'll come up with lots of ways
to create a "bonus pile-on."
- The
Second Component of an Irresistible Offer: Make Prospects
Take Action Now!
There's
no doubt about it. Deep down, every one of us is a lazy procrastinator.
That's why you need to include some kind of deadline or scarcity
factor in your ad. If your prospects believe your offer is
going to be around forever, there's no reason for them to
rush into a purchase.
For
one of my businesses, I stamp a red deadline on the order
form that shows the last day prospects will get over $2,000
in free bonuses. And it's not unusual for people to order
right on the very last day of the deadline ... just because
of the stamp.
- The
Third Component of an Irresistible Offer: The 100% No-Risk
Guarantee
Nobody
wants to make a mistake and be stuck with something that
doesn't deliver as expected. That's why you should make every
effort to lift the risk from the prospect and place it squarely
on your shoulders. Make a bold guarantee, and make it for
as long as possible. The longer you extend your guarantee,
the more your return rates will drop.
Another
type of guarantee to try is to offer a 30-day "hold-your-check
or charge slip" trial. In that case, you tell your customers
that you won't cash their checks or charge their credit cards
for 30 days ... to make sure they're completely satisfied
with their purchase. (You can even tell them to postdate
their checks by 30 days.) Joe Karbo used this strategy to
sell tens of thousands of copies of his book, "The Lazy
Man's Ways to Riches."
That's
it. Now you have the three keys to creating your own irresistible
offers ... and watching your sales soar.
[Ed.
Note: Yanik Silver, an expert on creating money-making websites,
reveals one of the most profitable "hidden" Internet
income opportunities around in the Secrets
of Easy Internet Money teleconference series.]
* Highly
Recommended *
What
on earth is Dave saying?
I'll
tell you why I wanted to know...
My
boss Justin Ford is the creator of Main Street Millionaire.
His course is widely considered the most comprehensive residential
real estate investing guide on the market. He owns millions
of dollars worth of real estate in markets across the country.
In
other words, he’s a very knowledgeable, successful real
estate investor.
But
when he decided to start purchasing large apartment complexes,
he turned to Dave Linahl for advice. In fact, he spent
a good deal of money attending Dave’s recent Apartment
House Riches Boot Camp in San Diego. Tuition alone is
$3,995 - and that’s not including travel expenses.
So
what advice is Dave dishing out?
You
don’t have to spend thousands, or travel across the country
to hear every one of Dave’s secrets. You can have
them all delivered right to your own home - plus receive
three months of personal mentorship from Dave. Keep
reading to find out more:
-
Kam Weiler
Contributing Editor, Main Street Millionaire
Reader
Feedback: "ETR is the most valuable and sagacious of
the many e-letters that hit my inbox."
"What
a fantastic article
from Michael Masterson for Thanksgiving! Thank
you. I learnt so much from this and, once again, felt deep
appreciation for your dose of sanity and genuine wisdom.
"ETR
is without a doubt the most valuable and sagacious of the many
e-letters that hit my inbox, and I give thanks for it."
-
Sean Cook
Moreton-in-Marsh, United Kingdom
Breast
Milk Makes for Smarter, Healthier Babies
By
Jon Herring
Researchers
at Brown University recently "discovered" something
our ancestors understood generations ago - that a baby's development
hastens and improves when he or she is raised on breast milk.
The
researchers reviewed the cases of more than 1,000 premature
infants who consumed either breast milk or man-made formula.
At the age of 18 months, the babies were tested to determine
their mental development. The doctors found that those who
consumed breast milk scored significantly higher - and that
the more breast milk they had consumed, the better they did.
The
leader of the study, Dr. Betty Vohr, said, "Ingredients
in breast milk, particularly fatty acids, seem to help the
brain develop properly." This is certainly true. But breast
milk is not just important for brain development. Studies have
also shown that breast-fed babies show greater physical development
and, in particular, much stronger immunity than infants who
are raised on formula.
Notes
From Michael Masterson's Blog: For Your Kids' Sake ... Throw
Away Your TV!
A
back-to-nature movement is burgeoning among childhood advocacy
groups, USA Today reported. "Programs, public
and private, are starting or expanding as research shows kids
suffer health problems, including obesity, from too much sedentary
time indoors with TV and computers," the paper said.
You
read something like this and you think, "Is it possible
that people are really that stupid? Is it conceivable that
parents might have thought it was okay to let their kids spend
six to seven hours a day in front of the boob tube? And how
is it possible that they needed researchers to convince them
to get the kids outside?"
[Ed.
Note: Read the rest of this article on Michael Masterson's
blog at http://www.michaelmasterson.net/.]
-
Michael Masterson
* Highly
Recommended *
A
Turn-key Profit Stream Blueprint Handed Over To You...
Locked,
loaded, and ready to cash in.
That’s
probably the best way to describe the experience of over 200
Early to Risers at our just-concluded Information Marketing
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Most
entrepreneurs go their whole lives without getting this kind
of inside information - and without anyone who can show them
how it’s done.
Everyone
knows that success
comes to those who act!
-
Patrick Coffey
Word
to the Wise: Paladin
A "paladin" (PAL-uh-din)
- a knight-errant in medieval times - is a strong supporter
or defender of a noble cause.
Example
(as used by Isaiah Berlin in The Atlantic): "...
the celebrated but distrusted paladin of imperialism and the
romantic conception of life, the swashbuckling militarist,
the vehement orator and journalist, the most public of public
personalities in a world dedicated to the cultivation of private
virtues, the Chancellor of the Exchequer of the Conservative
Government then in power, Mr. Winston Churchill."
