Is Real Estate Investing Really One of the Best Income Opportunities

Investing in real estate can be one of the very best income opportunities, but it depends on your personality. I don’t believe everyone is suited for real estate investing, any more than I believe that everyone is suited to be a professional golfer, opera singer, or CPA.

In order for real estate investing to be the best income opportunity for YOU, first make sure you’re the type of person who can succeed as an investor. Fortunately, there are almost as many ways to invest in real estate as there are personality types, so the chances are excellent you will find one you can succeed at.

By answering a few simple questions, I can help you narrow your focus and decide what kind of investing you’re likely to do well with. Be honest with yourself, and answer each question with a simple yes or no. Ready? Let’s get started.

1. Do you consider yourself a highly detailed and organized person?

2. Do you find it difficult or uncomfortable meeting new people and starting conversations with them?

3. Do you enjoy managing large projects and orchestrating the efforts of a group of people?

If you answered yes to the three questions above, your skills make you well suited to rehabbing properties. You may not succeed as a negotiator, so finding and flipping properties is something you probably should avoid, but if you can partner with a skilled deal-finder, handling the rehab projects is something you most likely would enjoy and be good at.

Here’s another set of questions.

1. Do you find it easy to get to know new people and start conversations with them?
2. Do people tend to trust you easily?
3. Do you like how it feels when you negotiate a great deal?
4. Do you dislike detailed work, or are you slightly disorganized?
5. Are you tenacious and persistent?

If you answered yes to at least 4 of the above questions, bird-dogging, wholesaling, and flipping may be right for you. Talking to sellers will be one of your strong suits, once you learn how. Building a list of buyers will probably come easier for you than it might for someone else. However, you should avoid taking on rehabs, or becoming a landlord. Those require more detail and organization than you possess.

Here’s the final group of questions.

1. Are you patient and not easily frustrated?
2. Can you be firm and direct when necessary?
3. Are you consistent and organized in you own personal finances and recordkeeping?

If these answers were yes, perhaps landlording and holding properties for rental would be a good fit for you. In fact, these traits are found in almost all successful, long-term landlords. On the other hand, not possessing these qualities is most likely why so many landlords get fed up with their tenants and wind up selling their properties at a big loss.

There is much more we could say on this topic, but by now you’re getting the idea. It’s vitally important to take a look at yourself truthfully. Ask yourself some hard questions, and use the answers to help determine if real estate investing will be one of the very best income opportunities for you, and which type of investing you are best prepared to excel at.

Now, go make more offers!

Virtual Business Ownership - - Marketing The Best You

When you think of the word “marketing”, most people automatically associate the term with a business, however, in this article it will be associated with you, the virtual business owner.

Now picture this, Zipgirl is attending a network gathering and someone walks up to her and says “Hi there, my name is ABC and I represent XYZ company” Zipgirl responds, pleased to meet you, my name is Zipgirl and I work from home. Well, ABC simply nodded and walked away. Would you have done the same as ABC? Did Zipgirl say enough to attract your attention or enough to make you want to stay and listen? I think we both agree in a resounding NO.

To often times when we are asked who we are and what we do, we short change ourselves by not marketing the best in ourselves. How can I do it better you ask? Below are some questions that will help you to identify your marketing strengths as well as your challenges:

- Can you describe your personality in just five words?
- Are you totally committed as well as passionate about what you do?
- Are you always optimistic about what you do in spite of the challenges you face?
- Are you happy doing what you do?
- What’s unique about your service or product?
- What type of energy do you release when you talk about your business? Do you leave people fascinated and wanting to learn more or bored and uninterested?
- When out promoting your business, what does your outward appearance say about you? Do you walk with your head down? Do stay cooped in the corner of the room or are you out in the crowd taking charge, meeting people with a smile, standing tall and bringing out the best in those you meet?

Next, I’ll share with you some tips on how to market the best in you:

- Always present a pleasant smile, whether on the telephone, in person, in email or even in a fax (SMILE)
- Do what you love (you’ll be more fulfilled)
- Dont try to be the jack-of-all-trades (you do everything and anything) rather, specialize (promote the one thing or area you do best)
- Be unique (original)
- Always be professional
- Always be yourself
- Always express a sense of passion in what it is you do
- Always explore ways to enhance yourself (personally, professionally, and/or spiritually)

As you can see, marketing the best you is more than just selling or promoting your business and it’s products or services. As a business owner, you are in most cases the business (when people meet you, they are immediately exposed to the quality of your service or product). In the virtual world however, people won’t necessarily meet you face-to-face but they too are exposed to the quality of your service or product. How? Through your website, telephone conversation, and/or via email responses.

In closing, remember this, first impressions are everlasting, so when given the opportunity always remember to market the best in You…

To learn more about the Virtual Business Owners Initiative go to: www.vsscyberoffice.com.

Now picture this, Zipgirl is attending a network gathering and someone walks up to her and says “Hi there, my name is ABC and I represent XYZ company” Zipgirl responds, pleased to meet you, my name is Zipgirl and I work from home. Well, ABC simply nodded and walked away. Would you have done the same as ABC? Did Zipgirl say enough to attract your attention or enough to make you want to stay and listen? I think we both agree in a resounding NO.

To often times when we are asked who we are and what we do, we short change ourselves by not marketing the best in ourselves. How can I do it better you ask? Below are some questions that will help you to identify your marketing strengths as well as your challenges:

- Can you describe your personality in just five words?
- Are you totally committed as well as passionate about what you do?
- Are you always optimistic about what you do in spite of the challenges you face?
- Are you happy doing what you do?
- What’s unique about your service or product?
- What type of energy do you release when you talk about your business? Do you leave people fascinated and wanting to learn more or bored and uninterested?
- When out promoting your business, what does your outward appearance say about you? Do you walk with your head down? Do stay cooped in the corner of the room or are you out in the crowd taking charge, meeting people with a smile, standing tall and bringing out the best in those you meet?

Next, I’ll share with you some tips on how to market the best in you:

- Always present a pleasant smile, whether on the telephone, in person, in email or even in a fax (SMILE)
- Do what you love (you’ll be more fulfilled)
- Dont try to be the jack-of-all-trades (you do everything and anything) rather, specialize (promote the one thing or area you do best)
- Be unique (original)
- Always be professional
- Always be yourself
- Always express a sense of passion in what it is you do
- Always explore ways to enhance yourself (personally, professionally, and/or spiritually)

As you can see, marketing the best you is more than just selling or promoting your business and it’s products or services. As a business owner, you are in most cases the business (when people meet you, they are immediately exposed to the quality of your service or product). In the virtual world however, people won’t necessarily meet you face-to-face but they too are exposed to the quality of your service or product. How? Through your website, telephone conversation, and/or via email responses.

In closing, remember this, first impressions are everlasting, so when given the opportunity always remember to market the best in You…

To learn more about the Virtual Business Owners Initiative go to: www.vsscyberoffice.com.

ABOUT THE AUTHOR

Beginning Real Estate Investing - Understanding Leverage

This is one of a series of articles on beginning real estate investing. One of the fundamental concepts to understand as you are beginning real estate investing is the concept of leverage. Leverage is the ability to move or control something very large with a very small object or force. Leverage as it applies to real estate investing is the ability to control high value properties with small amounts of your own cash.

To understand why this is important, and why leverage is so valuable, an example will help. Let’s assume you are just beginning real estate investing and you have $20,000 cash to invest. The exact amount is really unimportant, so long as you understand the principle involved. To illustrate the power of leverage, let’s assume you are faced with three possible choices of how to invest your $20,000.

Choice one is to purchase a small single family home with a purchase price of $20,000. The market rent for this home is $250 per month, or $3,000 per year. For purposes of this illustration, let’s pretend there are no such things as taxes, Realtor fees, or any other costs involved with purchasing a piece of property. Wouldn’t that be nice? As a you are beginning real estate investing you’ll soon learn otherwise, but for now let’s indulge in a little fantasy.

Choice two is to purchase a duplex for $40,000 by putting our $20,000 cash down and borrowing the additional $20,000. The market rent for this duplex is $500 per month, or $6,000 per year. The monthly payment on our loan is $200, so positive cash flow is $300 per month, or $3,600 per year. Not too bad, considering we are just beginning real estate investing.

Finally, choice three in beginning real estate investing is to purchase a multi-unit apartment building for $140,000 by putting $20,000 cash down and borrowing the additional $120,000. The market rent for all the units in the building totals $1,500, and our monthly loan payment is $1100, leaving us a positive cash flow of $400 per month, or $4,800 per year.

Let’s see which of these three situations best demonstrates the power of leverage. To do this we need to make a simple calculation, called Return On Investment (ROI) for each choice. This is a very important calculation to learn as you are beginning real estate investing. ROI is calculated by dividing the amount of return we get back in a year’s time by the amount of cash we have invested.

In choice one, $3,000 return divided by $20,000 gives us a Return On Investment of 15%. Not bad, considering we’re just beginning real estate investing, but let’s see if we can do better. Choice two gives us a return of $3,600 per year for the same $20,000 invested, so our ROI is $3,600 divided by $20,000, or 18%. That’s excellent, but we still have one more choice to look at.

Choice three gave us a return of $4,800 on our investment of $20,000, so our ROI is a whopping 24%! Why so big? Because even though we’re just beginning real estate investing, we were able to “move” or control a much more valuable piece of property with a very small “lever”… in this case, our $20,000. What gave us that leverage? The ability to use Other People’s Money (OPM), but that’s a topic for another article.

Until next time, I’ve written another in-depth article called Beginning Real Estate Investing.

Now, go make more offers!

Single Moms & Home Business Ownership: A Reality Or A Fantasy?

Can a single mother start a home-based business?

Can she make enough money to support her herself and her children?

How difficult is running a home-based business when no spouse is available to help with the childcare or contribute financially?

Women-Owned Home-Based Businesses

After researching and writing about home-based business issues for a while, it seemed that most women-owned home-based businesses involved a husband or significant other in the home. The significant other may help take care of the children after work so that the woman can have a chunk of uninterrupted time to work at her business. In addition, the family is not solely dependent on her business for its survival, since someone in the household has a steady income.

Of course, these women still face—and struggle with—issues facing all home-based business owners, such as financing, marketing, growing their business, customer service problems, as well as personal issues such as isolation and fear. On top of these issues, stay-at-home women with home-based businesses usually must also deal with their “mom” responsibilities, such as laundry, meals, housecleaning, transporting school-age children, baby care, grocery shopping, etc., AND still find time to bathe, sleep, eat, and take care of her business. The amazing fact is that most women home-business owners do all of these things on a daily basis.

The Single Mother

But what about the single mother? Whether divorced, widowed, or never married, she has no one to relieve her of child care for a period of time her so she can sit down and take care of her business. She is the sole source of support for her family. That fact puts her in a “Catch-22″ situation: If she works at her home-based business full-time, it must quickly bring in enough money for food, clothing, and shelter. If she works outside the home to ensure a steady income and runs her business part-time, that leaves little time for her children and for her “mom” responsibilities and an ever-increasing amount of guilt feelings.

I began searching for information about single mother home-based business ownership. My goals were to determine whether or not single mothers could and did own and operate successful home-based businesses. If they did, I wanted information about how they managed to balance children, business, and personal issues by themselves. Furthermore, I wanted to know the WHY—why they took the risk and made the leap to home business ownership.

All Around, But Never There

I expected to readily find information on the Internet about single mothers who own home-based businesses; the particular issues facing them; as well as demographics and other statistics. To my surprise, such information was not readily available.

I found much information and many Websites about work-at-home

Click Here! for opportunity 1

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Click Here! TO ENJOY A LUCRATIVE TAX FREE INCOME My mother was a widow and she survived with the help of the earning power of the internet

About the Author

hafiz lecky is an oracle certified associates currently running a home based internet business http://moreinfo247.com/8723322/free , http://webmillionaire.blogspot.com , http://ld.net?lecky

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