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Saturday, December 31, 2011
Making Money With Real Estate Wholesaling
When you wholesale a property you are basically finding very low priced properties and reselling them to an investor with a markup. There are numerous ways to do this and the good news is that it requires very little money on your part to do.
We just posted a new article on the Basics of Real Estate Wholesaling. Check it out and learn more about this real estate investing strategy.
Saturday, December 24, 2011
The 6 Steps to Basic Financial Planning
Wednesday, December 21, 2011
Fix and Flip House #8: Negotiating on Bank Owned Properties
I say “good enough” inspection because I would be doing a more thorough inspection later during the “due diligence” period. This is something that I put into all of my offers where basically I get a couple of days (I typically ask for 3-5) where I can back out of the contract for practically any reason I can come up with, if I want to.
Friday, December 16, 2011
11 Ways to Improve Your Life Now
Wednesday, December 14, 2011
Lessons Learned of a First Time Entrepreneur
Saturday, December 10, 2011
Guide to Simple Net Worth Calculation

Your net worth is one of the ways that you can quantify and track your wealth. If you are commited to building your wealth then knowing your net worth and tracking it over time is a must do.
We just posted a new article on the main website that will leave you without excuses on calculating your net worth. Go check it out and leave a comment or ask a question there: Simple Net Worth Calculation
Friday, December 9, 2011
Our Next House Flipping Project: House #8
Wednesday, December 7, 2011
Becoming a Part Time Entrepreneur
If you haven’t realized that yet, then let me be clear: IT’S NOT ENOUGH-YOU WILL NOT ACHIEVE WEALTH RELYING SOLELY ON A J-O-B!
I discovered that the hard way. Your job is here today and gone tomorrow…
Which is why, as important as having a job is, living on less than you make, saving and investing will probably not be enough to become wealthy. Therefore increasing your income by creating multiple sources of income is absolutely critical.
Enter the part-time entrepreneur…
Monday, November 28, 2011
Being Grateful
Thursday, October 13, 2011
Ten Things More Important Than Money
Experiences - Hug someone. Kiss someone. Rekindle a relationship you wish you hadn't lost. Train for and complete a triathlon. Make love. Face the thing you most fear right in the face. Travel…whether it’s a new neighborhood or a new country…The rush you get from experiencing something amazing is one of the best parts of being human.
Thursday, September 29, 2011
Using Timeboxing To Get Things Done
A way I use timeboxing is when I have a task or project that I wish to complete, but I don’t really know where to begin, or it seems like it’s going to be a long time before I can finish a meaningful chunk. Or maybe it’s something I find really tedious and would have a tendency to procrastinate on. Then I use timeboxing to simply commit to working on the task for a given period of time to make a dent in it.
I normally use a period in the range of 30-120 minutes. I release any concern about reaching a particular milestone within that time — I simply commit to putting in the time, regardless of how far I get.
Friday, May 13, 2011
5 Credit Card Facts You Need to Know in 2011
1. No More Surprises - if they are going to increase your rate, change some of the fees they charge you or make other significant changes to your agreement they have to give you 45 day notice. Therefore you would have the option to cancel the card. However...if you choose to cancel the card they can stick it to you by requiring you to pay off the balance sooner or increase the minimum payment.
2. If you use a credit card, be ready to pay more - now, some merchants can charge you more if you decide to pay them with a credit card. The way they can do this is by requiring a minimum purchase amount if paying with credit card. So if you are one of the many that barely carries cash around, you might have to buy more crap at a store in order to meet the minimum purchase price.
3. If you don't use the card you can loose it - If you have a credit card that you don't use the issuer can try to close the account. Which is not a big deal to begin with if you were not using it. The only down side could be that if you have had the card for a long time, and you close it, it might affect your credit score. I know it's asinine but that is one of the criteria that papa FICO uses to calculates your credit score.