Negotiating in real estate investing

January 9, 2008

Negotiating is one of a real estate seller most powerful skills. For as soon as you found out that negotiating a winning deal is simply a skill that can be learned. In fact negotiating is what you always do in your life. We are always negotiating every single day of our lives to get something we really what. Isn’t it?

But the greatest fear of a seller if the fear of making a mistake. We all make mistakes. But if you will make your fear feed you up while you’re negotiating, isn’t it that you tend to look for something wrong? If this is the scenario, the tendency is that the seller will disagree with almost anything you say. That is why learning how to negotiate properly can be a powerful tips you can use right away in your own real estate investing adventures.

For commercial real estate mentoring program visit the website www.mentorfinancialgroup.com for additional information.

5 Steps in Real Estate Investing

January 9, 2008

If you are thinking about getting involved in real estate investing, this article is for you so please read on.

The opportunities in real estate investing are endless. It can be extremely exciting and lucrative being a real estate investor. Whether you choose to be a full time real estate entrepreneur or just invest in a few properties to make some additional income in this market, real estate investing can help you achieve your financial goals. It is also something that can be done full time or part-time while you’re working with your another business or job.

What exactly do you have to do to become successful in this kind of career? Here are some 5 steps you should take if you want to make the leap into the exciting world of real estate investing.

First Step: You should learn how to buy and sell property by taking a real estate seminar. It is a great risk entering this kind of a career not educated. You might end up buying a property and losing the money. With proper education in this field you will know the rules to find good deals. You will also get familiar with the local laws and regulations on buying property in your area or any area you are interested in.

Second Step: Join a local Real Estate Investors Association. Joining will give you the opportunity to network with other real estate investors in your area. You will get many helpful hints from experienced investors and learn many tips that will help you in your own business. And the good thing is that you may even find a mentor or a partner for you deals.

Third Step: The third step is setting your goals. Think of what are the goals you need to achieve every month and write it down on a paper or much better on a notebook then set a plan for each goals. But remember that if you have big goals, it is better that you break them down into smaller goals that are realistic to achieve.

Fourth Step: Make a marketing plan and set a budget to it.

Fifth Step: The fifth step is the most important step. You should tell everyone you know that you’re looking to buy houses. Because if you want to buy houses, then you must let everyone you know you are looking to buy houses.

Need a real estate investing coaching and training visit the website www.mentorfinancialgroup.com for more info.

How to give lingerie as a gift to your special someone

January 9, 2008

Buying sexy lingerie for their girlfriend or wife is one of the things men enjoy most. For some of them, however, going into a lingerie store is embarrassing. Alot of men don’t know what to buy, and wandering aimlessly around a store full of women’s underwear makes them feel simultaneously embarrassed and awkward.

Fortunately, lingerie can be easily bought online from highly reputable companies now. Not only can you buy from the typical lingerie chains you might find in a mall, but there are also high quality lingerie stores that are only available online. Fun lingerie accessories like wigs, gloves, and shoes can really spice up an outfit also… and those are usually easier to find online than in a retail store. All of this is good news for men who are looking to buy lingerie for the special woman in their life!

Buying online allows men the comfort of shopping from their home and the ability to browse through a selection for as long as they need to without feeling conspicuous (as they look at the same bustier they have already looked at three times before). Some online stores specialize in certain types of lingerie, but a good many of them carry all of the styles a woman loves: crotchless panties, bustiers, corsets, g-strings, thongs, baby dolls, stockings, and more.

Want to get a job in the real estate industry?

January 9, 2008

Having a job in the real estate can be a 24 hours a day and 7 days a week, if you allow it to be. Imagine phone calls in the evenings, on the weekends or during church. Its up to the agent on how he or she runs the business. Do you think he or she need the structure of working between the hours of nine to five Monday through Friday? A real estate career can be established that way, but the agent may lose the business of those who need night and weekend attention. Again, there are options here.

But before you can enter in this kind of a career, you need to take a real estate license course. Then in order for you to practice as a real estate agent or broker, you need to take a real estate license, this is required in every estate.

To be able to get a license, the person’s age must be consider, he or she must be 18 years old or older. He or she should be a high school graduate or have a General Education Development (GED), and passed a written licensing test. In other estate they require schooling or college course work.

You can now save some of your valuable time and complete an entire course from your home or office instead of sitting in a classroom for countless hours. Check out home inspection training courses and irrigation home study course or visit the website www.celi-edu.com for more information.

A requirement to enter the real estate business

January 9, 2008

You cant become a real estate broker, agent, and appraiser without you attending a state approved real estate school or course. Also this may really require you to take real estate exam. The class or classes will cost money, but you may be able to get sponsored by a local Realtor if you express interest towards working for them.

There are some other online education portals that help guiding an applicant through the application process. Also providing adequate tutorials to sufficiently prepare the applicant for its real estate license examination. Fees are required to take both the salesperson’s and broker’s exams, and if the exam is passed, fees are also required to the candidate to pay for its license. But still, once the candidate received its license, he or she is now fully eligible to practice in the real estate business as an authorized real estate broker, agent, or appraiser.

Check out Texas real estate courses or visit the website www.celi-edu.com a provider of a convenient online home study courses specifically designed for people with busy schedules.

Trump’s Celebrity Apprentice

January 6, 2008

The Donald is returning to the place where he first staked his claim as a TV personality.

NBC has announced a premiere date for its “Celebrity Apprentice.” The seventh edition of the show, which will feature 14 reasonably famous people vying to raise money for their favorite charities, is scheduled to premiere at 9 p.m. ET Thursday, Jan. 3.

Seven Businesses You Can Start Tomorrow

January 6, 2008

Personal Concierge
A personal concierge handles “anything in the Yellow Pages as long as it’s legal, moral and ethical,” says Katharine Giovanni, founder of the International Concierge and Errand Association, now with 600 dues-paying members in 20 countries. Some established concierges act as general contractors who hire and manage a host of services, from cleaning to shopping.

Start-up costs: Minimal–other than basic liability insurance, perhaps a few hundred dollars per year.

Income: Dollars vary drastically depending on the client base, though six-figure incomes are not unheard of, says Giovanni.

Tip: Build a network of dependable vendors before you tackle bigger, more demanding clients.

Dog Walking
Yes, you can make a living cavorting with canines–it just takes a little scale, transportation and only a mild distaste for waste.

Start-up costs: A few leashes, some chew toys and maybe a vehicle, and you’re ready to go. You’ll also want a Web site and some insurance. One problem: Gas over $3 a gallon will sting walkers who round up their customers in sprawling suburbs.

Income: Depends on pricing and the number of dogs you can handle. Kevin Meadows, owner of Austin Dog Walkers, handles between 20 and 30 dogs a day. Annual pretax profits: about $60,000.

Tip: Take an animal first-aid course or volunteer at a shelter–if only to convince clients that they should trust you with their prized pets.

Wedding Consultant
You won’t find a more fanatical customer base than anxious brides, grooms and the parents writing the checks. Some consultants coordinate everything from scratch, while other parachute in on the big day to make sure things run smoothly.

Start-up and ongoing costs: All you need to get going is a phone, an Internet connection (for researching vendors) and a lot of patience. Consider advertising on wedding Web sites like TheKnot.com and WeddingChannel.com. Bridal trade shows cost as much as $5,000 per booth.

Income: Consultants charge $1,000 to $20,000 per event, depending on location and breadth of services. The best clear $100,000 a year.

Tip: Focus on the visual. Kerri Cooper, owner of Seattle-based Bliss Events, mails clients a formal, mock-wedding invitation when scheduling an introductory meeting.

Vending Machine Operator
Install the machines and let the masses snack to their hearts’ discontent.

Start-up costs: Between $2,000 and $3,000 apiece for new machines. Check out www.vending.org.

Income: A typical “45 Select” machine carrying 45 snacks (10 to 20 of each) generates $5,200 to $7,800 in annual sales; operators might keep 25% of that. In general, schools and hotels are the best locations. And don’t forget maintenance. “Half the battle with these machines is keeping them in working order,” says Lori Endres, owner of S & L Vending, an operator in Phoenix.

Tip: The more machines you own, the better pricing you’ll get from vendors. Note: Beware “blue sky” operators leasing machines at usurious rates.

Innkeeper
This one demands a bit of up-front capital, but not much more. Buy an existing business or rent out extra rooms in your house. In either case, you’ll be handling the cleaning and cooking (breakfast, mostly). You’ll also want to know something about the surrounding area to guide guests from out of town.

Start-up and ongoing costs: After liability insurance, you’ll need duplicate sets of linens, towels, dishes and silverware for all rooms. Ongoing expenses include gas, water, heating, food and cleaning (if you don’t feel like doing that yourself).

Income: Inns charge anywhere from $100 to $400 per room per day, depending on the location, amenities and season.

Tip: Run the largest inn you can afford–there is operating scale here.

Laundromat
Unlike a dry-cleaner, you don’t need to understand the art of stain removal to run a coin-operated laundromat. Nor do you have to spend all day at the office.

Start-up costs: Existing laundromats sell for up to several hundred thousand dollars, depending on location. Heavy-duty washers that can handle 50 to 75 pounds of clothes (four to eight typical home loads) cost up to $5,000 apiece; dryers, maybe $3,000. Maytag, Whirlpool and Speed Queen each have local distributors.

Income: Depends on the number of machines and how often they run. A 50-pound capacity washer will bring in up to around $7.50 per cycle (15 cents per pound of clothes); a 25-pounder, about $3. A busy laundromat can keep its machines running 30% of the time. Typical operating margins: 20% to 30%.

Tip: Downtime is a killer, so have competent maintenance people at the ready.

Nightclub Promoter
Socialites on steroids might like this gig, which involves rounding up partiers to drink and dance at local hotspots. And with all those viral social networking sites, you don’t even need a big Rolodex to start.

Start-up costs: Mainly your time. Work everybody–the doorman, wait staff and possibly the club owner–to land your first gig, says Noah Tepperberg, the owner of Marquee nightclub in New York City.

Income: Promoters get paid a flat rate or on a commission basis, depending on the number of people they bring in. Snag a high-roller and you might even get a percentage of what he or she spends. The best promoters in New York City pull in a few thousand dollars in one night.

Tip: It’s easy to get ripped off in this business. Work only with club owners you trust.
 

Getting A Small Business Loan Online

January 6, 2008

Entrepreneurs: Need $25,000 or less? For lower interest rates than traditional banks, consider using a social lending Web site

Scoring a loan from a bank to launch or expand a business isn’t easy, and with the credit crunch, it’s only getting tougher. One alternative to a bank is an online social lender, which handles both personal loans and business loans and offers some new twists on an old practice. The premise is by logging onto one of these peer-to-peer networks, an entrepreneur can reach thousands of potential lenders instead of pitching one loan officer at a time. Without a commercial bank’s overhead, these marketplaces’ main selling points are lower interest rates for borrowers and better returns for lenders.

Stop Wasting Your Time and Start Making Some Extra Money From Home

January 6, 2008

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Getting Businesses to Beg for Your Products and Services

January 6, 2008

This is an interesting situation you’re facing. First of all, CFOs virtually never meet with people unless there are some issues with their current provider. So, even though he says all is well, I suspect it isn’t. And, I suspect that he could try other resources besides his “contracted” one, if he chose.

That being said, I would try to learn some about the other vendor he’s using, but wouldn’t stress too much over it. It’s likely a pretty standard pricing, etc.

Instead, I would try to figure out what business problems the CFO may be facing with his current provider. What are the common problems? Inability to get their arms around the costs? Lack of controls? Spiral service costs?

Then take a look at the new services your own firm has introduced in the past few months. What business problems were they designed to solve? What objectives do they better enable your clients to achieve? Does your competitor offer these capabilities? If not, what might your prospect be struggling with?

When you meet with or talk to a CFO, focus on these higher level business issues, not pricing. Perhaps you can suggest a meeting to discuss, “how they’re currently managing their —–  budget during a time when costs are skyrocketing.” Then when you meet, focus on the management issues that a CFO is concerned about. Find out where his greatest challenges are.

Do NOT propose a solution on the call. Suggest you come back again in a few weeks after you’ve analyzed things and have some ideas. Stretch it out; develop a relationship based on being an idea person who can help him achieve his business goals.

Also, re: problems with your parent company in the past. Get it out upfront. Apologize; share what’s different today and move on. Don’t get hung up there. Obviously he isn’t if he’s willing to see you.

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