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Click on the category below to find ARTICLES, AUDIO and/or VIDEO lessons on each topic.  Most Audio files can be downloaded to your MP3 player or desktop by right clicking on the download links in each article and selecting "Save Target As."

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When Cash Dries Up, Learn to Horse-Trade
Friday, July 18, 2008 (65 reads)

Long before money was invented, people traded goods to get what they wanted. Later on, as people began domesticating livestock, salt became a form of money; and later yet gold and silver; but trade between buyers and sellers has never completely gone away. This is seen every day when people "trade in" their old cars for new cars.

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Video Lesson 19
Saturday, July 12, 2008 (50 reads)

 10. BEING PREPARED TO MAKE A DEAL

 

A. Identify, Research, and Know Your Market

B. Cell-phone Techniques to Capture Leads

C. Qualifying Buyers/Sellers as to Credit and Motivation

D. Establishing Time Frames

E. Getting Buyers/Sellers to Come to You

G. Sight Unseen Deals and Fail Safe "Quick Kill" Contracts

H. On-Site Negotiations

I. Curbside Appraisals

J. Inspecting the House

K. Verifying wholesale and retail fair market values

L. Verifying Existing Financing, Loan Currency, Balance

M. Having the Right Documents When You Need Them

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Audio Lesson 19
Saturday, July 12, 2008 (66 reads)

 10. BEING PREPARED TO MAKE A DEAL

 

A. Identify, Research, and Know Your Market

B. Cell-phone Techniques to Capture Leads

C. Qualifying Buyers/Sellers as to Credit and Motivation

D. Establishing Time Frames

E. Getting Buyers/Sellers to Come to You

G. Sight Unseen Deals and Fail Safe "Quick Kill" Contracts

H. On-Site Negotiations

I. Curbside Appraisals

J. Inspecting the House

K. Verifying wholesale and retail fair market values

L. Verifying Existing Financing, Loan Currency, Balance

M. Having the Right Documents When You Need Them

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Structure Seller Financing To Sell
Friday, July 11, 2008 (105 reads)

I was driving down the highway when I saw a sign that proclaimed in large letters: NEW HOMES. NO DOWN PAYMENT. NO INTEREST. NO PAYMENTS FOR THREE YEARS. This triggered a number of thoughts:

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Top 10 Self-Directed IRA Myths Debunked
Tuesday, July 08, 2008 (59 reads)

There is a lot of confusion over self-directed IRAs and what is and is not possible. In this article we will disprove some of the more common self-directed IRA myths.

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How Do I Invest Thee? Let Me Count the Ways!
Tuesday, July 08, 2008 (35 reads)

 Many people find it very easy to see the benefits of self-directing their Roth and Traditional IRAs, SEP IRAs, SIMPLE IRAs, Individual 401(k)s, Coverdell Education Savings Accounts (ESAs) and Health Savings Accounts (HSAs) into something other than the same old boring stocks, bonds, annuities and mutual funds. The central idea of a self-directed IRA is that it gives you total control of your retirement assets. With a self-directed account you can invest your IRA funds in whatever you know best.

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Video Lesson 18
Saturday, July 05, 2008 (69 reads)

 9. PROSPECTING FOR MOTIVATED SELLERS

A. Selecting and Finding Houses That Meet Your Goals

B Selecting the Neighborhoods to Buy/Sell, Fix, Sell, Rent

C. Understanding Brokerage and Commission Structures

D. Where and How to Use Brokers/Salespeople/FSBOs/MLS

E. Advertising: Signs, Business Cards, Flyers, Franchise Traps

(On the reverse of my business card:

F. Newspaper Ads: Daily vs Weekly vs Cost

G. Publicity vs Advertising

H. Cold Canvassing Door to Door, byTelephone/Internet/Mail

I. Sample Solicitation Flyer

J. "Bird Dogs", References, and Leads

K. Garage Sales, Moving Vans, FSBOs, and Signs

This is part 2 of 2

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