As the early days dawn on the new federal economic package, two groups are already pretty stimulated. Real Estate agents and mortgage brokers nationwide are talking about the effects of the $168 billion package that includes new, but temporary, rules for mortgages. The stimulus package raised the
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02/26/2008
Some homeowners whose mortgages are not covered by private mortgage insurance (PMI), take out a term life insurance policy to protect their families in case of their deaths. According to the New York Times, laddering such a policy could be a money-saving step. Here is an example of laddering: Fo
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02/19/2008
Budgeting RevenueWe have finally arrived at the last incredibly effective habit of successful real estate investors; budgeting. WOW! This is a tough one ladies and gentlemen. I think it is common to forget, but we all know in the back of our heads that if we do not budget, we are sitting in a si
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02/08/2008
Business PartnershipThe second to last incredibly highly effective habit of successful real estate investors is having a business partnership. A partner is defined as a person who shares or is associated with another in some action or endeavor. They are a sharer or an associate. A partner is a p
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02/08/2008
Continuing EducationIn the real estate investing world; techniques, loopholes, and strategic secrets almost change by the week. Although it is unquestionably imperative that you follow a system or model of conducting business, you must also consistently press to learn new information about your
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02/08/2008
These next two most incredible highly effective habits for successful real estate investors hits home with just about everybody I come in contact with. There is no real estate investing business that can survive the times with them. It is impossible, yes impossible, to sustain the decline of ret
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02/08/2008
Time Blocking One of the most important keys to successful business (whether it be real estate investing or not) is the process of time blocking. This activity requires setting time aside for high priority tasks. Time blocking should take place in both your personal and business worlds. A great
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02/08/2008
Fair Isaac Corporation, maker of the FICO credit score used by 90 percent of banks, says its new scores will do a better job at predicting which borrowers will default on a loan. Called the FICO 08, it will be more forgiving of the occasional late payment but will take a harder line on repeat off
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02/08/2008
