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7/24/11: Raising the Roof – How the Great Debt Ceiling Debate Impacts You

7/24/11: Raising the Roof – How the Great Debt Ceiling Debate Impacts You

The U.S. debt ceiling debate of 2011 is one of the biggest financial stories since the mortgage meltdown set off a chain reaction of quantitative easing, government stimulus and swelling deficits. For the average person, a lot of this is so big and far away from Main Street, that watching, waiting and wondering seems like

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7/17/11: Creative Solutions to Today’s Property Problems

7/17/11: Creative Solutions to Today’s Property Problems

photo credit: woodleywonderworks If necessity is the mother of invention, then surely distress is the mother of creativity. It’s an age old principle in personal development: hard times have the potential to bring out the best in people depending on their mindset and peer group. The Bible says in James for believers to “count it

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7/3/11: Apartment Investing Opportunities – Moving Up to the Big Deals

7/3/11: Apartment Investing Opportunities – Moving Up to the Big Deals

Moving up to the “big deals” is the goal of everyone who plays Robert Kiyosaki’s Cash Flow game, just like going from little green houses to big red hotels is the path to riches in Parker Brothers’ Monopoly.  The bigger the property, the more profit potential there is. In the real world, the natural progression

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6/19/11: Be Your Own Bank – Cash Management Strategies for Real Estate Investors

6/19/11: Be Your Own Bank – Cash Management Strategies for Real Estate Investors

Being a real estate investor means handling a lot of cash. It may not seem that way, especially at first, but think about it.  There’s the float on the cash flowing through your bank account.  Then there’s the cash you maintain and build up to handle contingencies and long term maintenance.  You have deposits you

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6/12/11: The Checkbook IRA – Real Estate Investing Using Your Retirement Account

6/12/11: The Checkbook IRA – Real Estate Investing Using Your Retirement Account

Bargains, bargains everywhere, but it’s hard to get a loan. Even in the good old days of fast and easy Fannie and Freddie money, it’s always been hard to move quickly or get approved for distressed property.  Of course, you could never get conventional loans for foreclosures, tax liens or discount notes – let alone

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