Chat Transcript – April 28, 2008

Posted on April 29, 2008 - Filed Under Chat Transcripts | Leave a Comment

Mike_Summey Hi valgrn
Mike_Summey We’re early
valgrn Hello Mike Summey
valgrn Yes -
Mike_Summey Where are you located?
Mike_Summey Hi Lon
Lon Hi Mike
valgrn TN
Mike_Summey valgrn, how’s the market where you are?
valgrn Would you mind me running a couple of questions by you before the whole crew arrives

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Converting Home Equity Into Retirement Income

Posted on April 25, 2008 - Filed Under Success Tips Articles | Leave a Comment

It’s a sad fact, but many Baby Boomers have lived a “keep-up-with-the Jones” lifestyle and now that they are approaching retirement a growing number of them are finding that the only wealth they have accumulated is the equity in their homes . . . homes that often are larger than what they need in retirement. An increasing number of these Boomers will find themselves short of funds and unable to live the lifestyle to which they have become accustomed. They will start looking for ways they can supplement Social Security or other retirement incomes. The equity in their homes will be one of the few sources they can turn to for additional money.

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Chat Transcript – April 21, 2008

Posted on April 22, 2008 - Filed Under Chat Transcripts | Leave a Comment

FOR THOSE OF YOU WHO MAY HAVE TRIED TO GET INTO THE CHAT AND COULDN’T, PLEASE ACCEPT OUR APOLOGY. WE HAD OUR WEB SERVER CRASH JUST BEFORE THE CHAT WAS TO START AND IT TOOK A FEW MINUTES TO GET IT BACK UP

Kel Hello, did the site just come up? I couldn’t get in for awhile
Kel Hey mike, I haven’t gotten in before you yet.
Mike_Summey Sorry! We had a problem with the web server. Our webmaster just go it repaired.
oz I think so, i too had a problem accessing it, sent Mike an email. re same. Looks like Mike too had problems getting on. Hah the answer just came up.
alex me too
Mike_Summey No one could get in until just a couple of minutes ago.

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The Decisions We Make Dictate The Journey We Take

Posted on April 18, 2008 - Filed Under Success Tips Articles | Leave a Comment

I recently stopped at a local convenience store to buy gas and as I was filling my car, I couldn’t help but overhear a conversation between two men at the next pump island over from the one where I was pumping. They were complaining about the price of gas (as is everyone these days) as well as a number of other problems they both seemed to have. One said he was only putting $20.00 in his truck because that’s all he could afford at the time. The other remarked that he was not getting enough hours at work and wasn’t sure he was going to be able to make his truck payment this month. Then the first one said it looked like he was going to be late with his payment too. Both were subcontractors who were experiencing the slowdown in building that is currently affecting the entire country.

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Chat Transcript – April 14, 2008

Posted on April 15, 2008 - Filed Under Chat Transcripts | Leave a Comment

Al Lee Hello, Early Birds.
Lon Whoo Hoo, It’s Al!
Al Lee How are you.
Lon Busy as always
lee I’m just Lee
Al Lee Hi, Lee. I’m just Al
Al Lee Hey, Mike. I beat you here this week.
Mike_Summey Hi everyone
Kim Hello
Mike_Summey Hi Al, I have wondered what happened to you.

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Building Good Banking Relations Takes Time

Posted on April 11, 2008 - Filed Under Success Tips Articles | Leave a Comment

Successful real estate investors know that the two things most likely to produce favorable responses to wholesale offers are cash and your ability to close quickly. To be able to use these advantages, you’ll need to develop a good support team consisting of Realtors, appraisers, attorneys, insurance agents, and property managers, but there’s no relationship you can develop that’s more important than good banking relations.

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Chat Transcript – April 7, 2008

Posted on April 8, 2008 - Filed Under Chat Transcripts | Leave a Comment

Roger Dawson Good evening everyone!
Mike_Summey Hello everyone!
sparky37 Hi Mike & Roger
jacepharm@gmail.com Hello Mike and Roger
Mike_Summey Don’t everyone talk at once.
sparky37 Mike, how much room do you think you can negotiate with a bank owned property?
sparky37 They are asking 400k was thinking of offer of $30k
sparky37 300k

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Life’s Journey Is More Rewarding With The Right Mindset

Posted on April 7, 2008 - Filed Under Success Tips Articles | Leave a Comment

Loyal readers of this column know that I don’t base these writings on a lot of technical research and theory and I try very hard to keep them from reading like chapters from a boring textbook. While I might include some research and theory occasionally, my writings come from experience and sharing personal stories to demonstrate the practical application of tips given in each column. Developing a wealth building mindset doesn’t require a college degree, nor do you have to be born with money to enjoy financial independence.

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Chat Transcript – March 31, 2008

Posted on April 2, 2008 - Filed Under Chat Transcripts | Leave a Comment

Roger Dawson Hi Lon, Poboy and Santo!
Roger Dawson Mike is in Orlando taking his annual flight training course but I hope that he will be able to join us from there.
Roger Dawson Welcome Broadway
broadway hello roger and all!!
Lon Hi broadway
broadway hey there lon
Roger Dawson Santo, I see you typing, but nothing’s coming up
Roger Dawson I know Mike well enough that I can probably answer any question the way that he would respond.

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