Monthly Archives: June 2009

The Law of Clarity

Decide How to React.
It is not what happens to you that counts. It is how you react to what happens to you, especially when you have unexpected problems of any kind.
In this newsletter, you learn powerful strategies you can use to keep yourself thinking and acting positively and creatively.
Here are four things you can [...]


Perseverance/Persistence

It takes time to build a corporate work of art. It takes time to build a life. And it takes time to develop and grow. So give yourself, your enterprise, and your family the time they deserve and the time they require.
Americans are incredibly impatient. Someone once said that the shortest period of time in [...]


Why Soft Markets are GREAT Markets

Investing in real estate has changed in many markets in our country. (Read more about this in Alexis’ blog here.) If you are like me, you live in a real estate market that has gone soft. There are still some areas in the country where markets are stable, but nothing like it was just a year [...]


‘Phantom Inventory’ of Foreclosed Properties Goldmine for Buyers

The nation’s banks need cash and their bulging portfolios of “hidden” foreclosure inventory are one ticket to help them get it, if they price it right. That’s the bottom line based on analysis of the foreclosure numbers and today’s economics by ForeclosureS.com, a leading real estate information provider and publisher of the U.S. Foreclosure Index.
 Forget [...]


The Owners Have Filed for Bankruptcy: Now What?

In California the requirements to conduct a trustee’s sale are very strict. Between the recording of the Notice of Default and the actual foreclosure sale, often times the property does not go to sale on the date set forth in the Notice of Trustee’s Sale. Additionally, under new legislation in California amending Civil Code Section 2924 et [...]


Safely Taking a Meal Expense Deduction

If you have a small business and you eat, you probably have a meals expense. There are two deductible amounts for meals. The first is 50% of the meals expense and the second is 100%.
Let’s start with what it takes to have a legitimate meals expense. You must have a business purpose. In other words, [...]


My Best Deal Ever

Ever since I’ve left the 3-Day Lab four years ago and been a full time foreclosure investor, everyone wants to know “what has been my best deal so far?” My answer has always been the same… “They have all been great deals”. I’ve said that because I was thinking about deals where it worked out for everyone [...]


Working with Buyers Agents or Listings Agents Which is Best?

If you are new to buying homes in foreclosure, you may be wondering if it is it better to go through your foreclosure listings on your own (do your own legwork), or should you ask a Real estate agent to represent you and do the work for you?Â
As with any decision, there is always a [...]