Investing In Property
Learn how to start investing in property or any business with the least amount of risk involved and achieving phenomenal returns. Follow a specific strategy called the "Formula For Riches". There are no get rich quick schemes, only tried and tested universal business strategies to follow.
Wednesday, May 11, 2016
Investing In Property: Renting Versus Buying A Home
Investing In Property: Renting Versus Buying A Home: Renting Versus Buying A Home Buy or Rent? Renters are often in a predicament as to whether it makes sense to continue renting o...
Renting Versus Buying A Home
Renting Versus Buying A Home
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Buy or Rent? |
Renters are often in a predicament
as to whether it makes sense to continue renting or buy a home. Buying a home
makes more sense, particularly when taking a long-term view. Yes, even in the
current hot real estate market.
Renting – Advantages
Renting can have a few advantages depending on the part of the country you live in. The primary advantage is your monthly rent payment may be less than an equivalent mortgage. A secondary advantage is the fact that maintenance and improvements to the property are the responsibility of the landlord. Still, these advantages pale in comparison to the disadvantages of renting.
Renting – Disadvantages
The disadvantages of renting are significant. If you have any opportunity to purchase a home or condominium, it almost always makes sense to do so.
The biggest disadvantage of renting is the loss of value. Assume you rent a residence for $1,000 a month and you live in the residence for two years. You will have paid a total of $24,000 in rent, a pure expenditure. The $24,000 is simply gone and you will have nothing to show for it other than the time you spent in the home. Compare this to what your landlord has gained.
Rent payments are closely aligned with a landlord’s mortgage payment. Using the above example, lets assume your $1,000 rent exactly equals the mortgage payment. For two years, you have indirectly paid the landlord’s mortgage, helping them build equity in the house by paying down the loan. In addition, the landlord has benefited from the appreciation of the property.
By appreciation, I simply mean the amount of increase in the value of the house. If the rental appreciated $20,000 in two years, the landlord has received a windfall. They may have seen a gain of $24,000 in appreciation and payments lowering the mortgage. As a renter, you have made this all possible. The landlord no doubt would like to thank you.
Now, what would have happened if you had purchased a similar home with similar financial figures? You would have seen an increase in YOUR wealth of $24,000, not the landlord’s wealth. If you renting, these figures should make your teeth grind.
If you are renting, you should be out shopping for your own property. After all, isn’t it time to make your money work for you, not a landlord?
Renting – Advantages
Renting can have a few advantages depending on the part of the country you live in. The primary advantage is your monthly rent payment may be less than an equivalent mortgage. A secondary advantage is the fact that maintenance and improvements to the property are the responsibility of the landlord. Still, these advantages pale in comparison to the disadvantages of renting.
Renting – Disadvantages
The disadvantages of renting are significant. If you have any opportunity to purchase a home or condominium, it almost always makes sense to do so.
The biggest disadvantage of renting is the loss of value. Assume you rent a residence for $1,000 a month and you live in the residence for two years. You will have paid a total of $24,000 in rent, a pure expenditure. The $24,000 is simply gone and you will have nothing to show for it other than the time you spent in the home. Compare this to what your landlord has gained.
Rent payments are closely aligned with a landlord’s mortgage payment. Using the above example, lets assume your $1,000 rent exactly equals the mortgage payment. For two years, you have indirectly paid the landlord’s mortgage, helping them build equity in the house by paying down the loan. In addition, the landlord has benefited from the appreciation of the property.
By appreciation, I simply mean the amount of increase in the value of the house. If the rental appreciated $20,000 in two years, the landlord has received a windfall. They may have seen a gain of $24,000 in appreciation and payments lowering the mortgage. As a renter, you have made this all possible. The landlord no doubt would like to thank you.
Now, what would have happened if you had purchased a similar home with similar financial figures? You would have seen an increase in YOUR wealth of $24,000, not the landlord’s wealth. If you renting, these figures should make your teeth grind.
If you are renting, you should be out shopping for your own property. After all, isn’t it time to make your money work for you, not a landlord?
HAPPY INVESTING...
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Monday, December 21, 2015
YOU TOO CAN HAVE YOUR CREDIT RESTORED
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Restore Your Credit Today |
What's on Your Credit Report Card?
You have your credit report. A "big brother" report card updated by your creditors and maintained by the credit reporting agencies, Equifax, TransUnion, and Experian.
Credit repair is about making sure the credit reporting agencies are fairly and accurately creating that report card. It's about making sure that what's on that report card even belongs there. And finally, it's about making sure your credit report is optimized so it can produce the best possible credit score.
Credit repair doesn't have to be a hassle, The Credit People keep it simple:
- We review your credit report and see what's bad and what could be better.
- We get right to work on both -- disputing any questionable items on your credit report and addressing the things we believe can help raise your credit score.
Put us to work on your credit, get started now or read on for more details.
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You Too can Have A Good Credit Score |
How valuable is your time?
Imagine what it'd be like if your car needed an oil change and you didn't know how to do yourself. But instead of simply running your car over to Jiffy Lube, you decide to spend your weekend researching what to do, what kind of oil is best, where your oil filter is, what kind of oil filter to buy, where to get the material, then going out to buy all the materials, set up your car to do the job, spend your afternoon under your car getting dirty, draining your oil, removing the filter, putting in a new one, discarding the old oil, and so on…OR…you could take your car in and have all this done for you, faster, and easier.
In the same way, you could repair your credit on your own. You could research your credit score and how the reporting works, you could figure out what items on your report are affecting your score the most, research all of the laws, figure out if you should contact your creditors or if you should talk to the credit reporting agencies, try to get a hold of all of them, constantly send them documentation back and forth...OR… you could hire The Credit People to do all of this for you -- simply, easily, and quickly!
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Get Your Credit Fixed |
What's Happening with Your Credit Behind the Scenes
Think about this: Your credit report is updated by your creditors and the credit reporting agencies, and requested by others who want to see if you qualify for new credit. This constant activity happens -- even without your knowledge – as you go about your daily life.
With credit report repair, you break into the mix and take inventory of all the actions that have taken place on YOUR credit. Until the 70s people actually had no rights regarding their own credit report. Access to your own credit history wasn't available and you had no right to address wrongfully reported information. This was a horrible situation for consumers who applied for credit, got turned down, and had no way of finding out why—or even if it was a mistake. This is why the Fair Credit Reporting Act (FCRA) was enacted into law. Among other protections, it gives you many important rights when it comes to your credit report.
Because of the FCRA and other consumer protection laws, we now have the ability to go in, check out your credit, correct what we see as unfairly reported, improve items that are hurting your score, and help you get your credit in a much better place.
The case for credit repair is a strong one. And no one's better armed to repair your credit and boost your credit score than The Credit People.
Tuesday, July 14, 2015
There Are Only Two Things You Can Do To Improve Your Life In This World.
1. You Can Day Dream And Wish To Win The Lotto!
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Keep On Dreaming... |
OR...
2. You Can Learn To Follow Proven Steps To Start Investing In Real Estate And Really CHANGE Your Life!
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ACT NOW!
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ACT NOW! |
Monday, July 6, 2015
The Formula For Riches |
Why do businesses fail? And what can you do to make sure that this does not happen to you?
Let’s do a quick survey.
• Where did your beliefs about business come from?
• What has your life experience taught you about what business is all about?
• What does owning a business, running a business and operating a business mean to
you?
If you answer only these questions the odds are that you’ll discover you have some false
beliefs about business. As long as you hold on to those false beliefs, you are going to have a difficult time growing
your business into a successful business and generate the income you desire.
What do most opportunity seekers believe you must do to succeed?
Another interesting outcome of a study that I did was that most entrepreneurs believe all
you need to succeed in business was common sense and determination.
And the price they pay for that one limiting belief is the loss of their business.
It takes UNCOMMON sense to succeed in business and what you have learned in school,
college and university isn’t going to help you at all.
But it doesn't need to be that way, I know that I can help you, if you’re willing to learn the
skills of a Wealth Creator. You’ll have to operate and act like a Wealth Creator and you’ll need to address the
reasons that caused 90% of all entrepreneurial businesses to fail.
You need to gain the right knowledge and skill sets to turn any business into a successful
business. What can we learn from those two studies?
Fact #1: Entrepreneurs fail, not because they aren’t doing anything, they fail
because they are doing the wrong things.
All struggling entrepreneurs follow the opportunity seeking model instead of the Wealth because they are doing the wrong things.
Creators model.
The main thing that delivers the difference in results is that successful entrepreneurs are
following a different strategy to their unsuccessful counterparts.
And this is crucial, the difference between success and failure lies in the strategy that
they’re following.
Remember when I showed you the different tactics the gurus are trying to sell in order to
make money on the internet, now you know why they’re not working.
It has nothing to do with your success as a business owner.
The only reason the internet gurus are selling their tactics is to line their own pockets with
your hard earned money.
This is the same reason financial planners sell you investments that they’re not investing in
themselves.
And it’s the same reason why MBA’s tell you how to run your business but they don’t have
successful businesses of their own. (Or if they have a successful business it’s one where
they sell how they can help you.)
As an entrepreneur your business depends on you and you alone.
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