Schools Fail Financial Education Test
Posted on March 30, 2007 - Filed Under Success Tips Articles | Leave a Comment
A recent survey by the Jump $tart Coalition revealed some shocking statistics. The results printed in a recent issue of the North Carolina Bankers Association Weekly Bulletin show just how dismally education is failing to make the grade when it comes to teaching personal financial requirements. The survey measuring 12th graders’ knowledge of personal finance [...]
Read More..>>Chat Transcript March 26, 2007
Posted on March 27, 2007 - Filed Under Chat Transcripts | Leave a Comment
Roger Dawson Hi Everyone! You’re here early!
Peter yup couple of mins early today
Peter as I am here after long time
laurimcclain Hi Roger: I’ve been listening to your negotiating cd’s driving home from Jackson Hole today.
the krone greetings all
Roger Dawson I haven’t spoken to Mike Summey today but he should be here soon.
Roger Dawson Lauri: I [...]
Tenant Damage Deters Many Would Be Investors
Posted on March 23, 2007 - Filed Under Success Tips Articles | Leave a Comment
Has the fear of tenants trashing a property kept you from investing in rental real estate? If so, you’re not alone. A week seldom passes without someone approaching me to say that they would like to buy a rental property, but their brother, sister, uncle, cousin, nephew, friend, co-worker or someone else they knew told [...]
Read More..>>Chat Transcript March 19, 2007
Posted on March 20, 2007 - Filed Under Chat Transcripts | Leave a Comment
Mike_Summey Looks like we have a few people raring to go tonight.
Mike_Summey What’s on everyone’s mind?
santosleigh mike, did you get my email today
Mike_Summey Hi Nan
Corey Mike what do you think of hard money lenders and then refinancing after you own the property
Mike_Summey leigh, yes I got it. The issues you discussed are the reason we [...]
You’ll Appreciate Real Estate Most At Tax Time
Posted on March 16, 2007 - Filed Under Success Tips Articles | Leave a Comment
Fortunately, the government is smart enough to realize that private property owners make better landlords than it does. If you’ve ever driven by one of those huge government housing projects in New York or Chicago, you understand why the government wants housing to be in private hands. When you own real estate and make it [...]
Read More..>>Chat Transcript March 12, 2007
Posted on March 13, 2007 - Filed Under Chat Transcripts | Leave a Comment
Zoltan hello
the krone greetings, Roger
the krone hello santo
Roger Dawson Hi santo and the krone!
the krone hiya
Roger Dawson It’s been over 90 degrees in LA today
the krone yeargh!
santosleigh hello mike, i am having better luck with the bank in buffalo n.y. than the one in n.y.c. they offered me $37,000 at 6.25% the bank in my [...]
The Principles Behind The Threshold Theory
Posted on March 9, 2007 - Filed Under Success Tips Articles | Leave a Comment
In my real estate books and audio CDs, I talk about the Threshold Theory; the concept that the more thresholds you cross, and the more properties you look at and make offers on, the better your next purchase will be. If you take the time to look at 100 properties before making your next purchase, [...]
Read More..>>Chat Transcript - March 5, 2007
Posted on March 6, 2007 - Filed Under Chat Transcripts | Leave a Comment
Neo hi
Mike_Summey Hi everyone! Looks like I’m late!
eryk76 Hello Mike. good evening
Mike_Summey Hi Scott
fly Hi Mike……
Scott Stephens hello
santosleigh mike i hope you got the letter i sent you
Mike_Summey Hi Garrett
oz Hi Garret, long time no see. Was at your workshop a few years back in Culver City
How Small Rent Increases Build Net Worth
Posted on March 4, 2007 - Filed Under Success Tips Articles | Leave a Comment
One of the big advantages to owning income-producing real estate is the effect that small rent increases have on your net worth. Net worth is simply the difference between the value of what you own and the amount of money you owe on it. Since the value of investment real estate is directly related to [...]
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