Goals and Goal Setting
The major reason for setting a goal is for what it makes of you to accomplish it. What it takes of you will always be the far greater value than what you get.
When Andrew Carnegie died, they discovered a sheet of paper upon which he had written one of the major goals [...]
By Alan Smith
Yes, boys and girls, your housing researchers at Foreclosures.com have been proven right again.
Not long ago, we predicted that the combination of long-term unemployment and a cooling housing market would spark an increase in foreclosure activity and actual foreclosure sales in the Phoenix AZ region.
Now, in the Phoenix metro area, Foreclosures.com has just [...]
By Alan Smith
As the economy continues on its gradual climb into recovery, we hear that a dramatic improvement in productivity is playing a major part in our return to economic expansion. Industrial production is up, and sales in manufacturing and wholesale-retail are up. Real (i.e. adjusted for inflation) personal income has been rising throughout 2002, [...]
Many self-acclaimed real estate gurus state that everyone should quit their jobs and immediately jump into full time real estate investing. They often claim incredible results from students with little experience. We would like to caution that life-changing decisions are not usually simple and that full time investing is not for everyone. Let’s discuss [...]
Sometimes I forget how much I remember. Since starting in the real estate investment game in 1983 — there are some things I take for granted — things such as the mechanics of doing a deal.
Typically when I receive an email question from my readers and clients, I reply with a quick message and a [...]
“Closing” or “settlement” or “escrow” are listed as one of the top ten problem areas that occur in a real estate transaction. This final step to your purchasing of property can go smoothly if you take a few precautions beforehand. Knowing what questions to ask and reviewing all documents well in advance of the closing [...]
Education and Learning
Formal education will make you a living; self-education will make you a fortune.
We must learn to apply all that we know so that we can attract all that we want.
Learning is the beginning of wealth. Learning is the beginning of health. Learning is the beginning of spirituality. Searching and learning is where the [...]
It’s old news now, of course. The dot.bomb went off in early 2000, and blew away countless Internet based companies. The technology sector, upon which tens of thousands of northern California families had relied upon for both current and future fortune, collapsed with a roar. The whole national economy slid down the now slippery slopes into [...]
We’re emerging from the recession of 2000-2002 more or less on schedule, and, as usual, many so-called experts are looking in the wrong direction as they try to figure out not only what’s going to happen next, but also what’s happening right now.
The problem we see is the tendency to connect things incorrectly. For example, [...]
Sorry for the long hiatus (since May of this year) in our Front Line series of articles on investment angles you can use in buying Chicagoland foreclosure properties. In this issue, we’ll explore a method for acquiring properties at deep discounts that may not have occurred to you.
Let’s say you’re looking at a property that [...]
