Monthly Archives: December 2002

Goals and Goal Setting & Ambitiously Pursuing Your Own Self-Direction

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 [...]


The Time for Profit in Phoenix is NOW

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 [...]


More Foreclosures Despite Economic Recovery? Why?

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, [...]


Should You Do Real Estate Full-Time?

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 [...]


The Mechanics of the Deal

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 [...]


Part 8: Top 10 Escrow Questions & Answers

“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 [...]