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Mark Zuckerberg Gives Real Estate Education Lessons

By on Jan 25, 2013 in Uncategorized | 0 comments

By Than Merrill What real estate education lessons can Mark Zuckerberg possibly offer? It’s certainly not on how to buy homes below market value considering his own home purchase resulted in him overpaying $1 million. It’s definitely not on how to launch a real estate IPO and whether his dive into commercial real estate with the giant new Menlo Park campus makes a good real estate investing move still has to be seen. However, no one can deny he does have a ton of intelligence, even if it is in classic, frustrated geek fashion. Many have scoffed at recent Facebook moves; from email addresses to charging people to message each other or even pay $100 to message him, as well as allowing the recent Instagram debacle and the new anemic looking Graph Search engine rolled out last week. However, in the near future the joke could be on those who laughed at him. Few get what Zuckerberg has really been playing at with all of these PR stunts which have been so harshly ridiculed. So perhaps the first real estate education lesson from Mark is the value of being underestimated. What he is great at is testing. This has all been a series of giant, public tests, even the Instagram ‘mistake’. Harnessing social intelligence and cultivating virtually free market research Facebook has been able to try out numerous new factors of how it really plans to make money, and get the world to wade in and provide free feedback without having to fork out for focus groups or leak what was really in the works. It is all about selling data and leads. If anyone would have known that Facebook was specifically created to harvest their information, habits, photos and track them far fewer would have signed up. Even marketers have provided the social network with free data on what works and doesn’t on the platform for free. So leverage is a second one. Mark Zuckerberg has leveraged almost 1 trillion people to do his work for him for free. Of course there is also an important lesson about making connections and networking for real estate investing here too. So keep your real agenda shielded from the competition, make tons...

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New Real Estate Investing Deals Uncovered…

By on Jan 24, 2013 in Uncategorized | 0 comments

By Paul Esajian Where are the deals? Some stats have suggested there is little housing inventory out there, with Realtors claiming just a handful of weeks’ of homes for sale in some parts of the country. So where can real estate investors find enough deals to fuel the volume they desire for flipping houses or acquiring rentals without running into absurd competition? A new Bloomberg report comments that almost $1.5 trillion of home equity was added last year. Now many homeowners are seizing on that and are beginning to sell. Ironically many are still selling at a loss. It appears the whole short sale opportunity has still been lost on them. There are many underwater homeowners out there who could do short sales, especially with the extension of the mortgage forgiveness act and new $8.5 billion mortgage settlement. JP Morgan Chase puts this number at around 7 million underwater borrowers. However, this is contrasted with Zillow’s data showing 14 million U.S. homeowners with negative equity at the end of the 3rd quarter 2012. Either way we are still talking about a figure that is equal to two or three years’ worth of housing inventory. Of course not every underwater homeowner wants to sell but many would if they knew that they could. Plus of course there is still a huge pool of delinquent mortgage loans in the works which can be acquired in various ways. However, Zillow has unveiled additional data claiming to have found almost 21 million U.S. homeowners who own their properties free and clear. That’s almost 30%. Of course given Zillow’s track record with home values this could easily be off by 25% or more in either direction. Still, it shows huge opportunities for real estate investing if you know where to look and who to target.     “How to Triple Your Productivity!”   Watch this FREE Presentation and discover how to get stuff done so you will earn more money and take more time off”….    ...

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The Worst Mistake a Real Estate Investor Can Make

By on Jan 24, 2013 in Uncategorized | 0 comments

By Than Merrill Real estate investors are making this mistake right now and it is setting them up for massive failure… Critical mistakes in real estate investing strategy and poor acquisitions cannot only meaning being stuck with one bad, dead weight deal which sucks time and income every month for years but can quite literally result in devastating financial and personal consequences for a decade. So what is the single worst possible mistake a real estate investor can make? Right now, at this very moment some investors are buying homes with negative equity. This isn’t even just a case of accidentally overpaying a few hundred dollars by being seduced into bidding high at an auction or paying full market price because they failed to do their homework. Believe it or not, some of those getting into real estate investing even recognize that they are overpaying, and overpaying for properties by tens of thousands of dollars and are trying to rationalize it! Of course some savvy wholesalers and flippers reading this are seeing green and wanting to know where they can find more crazy buyers like this, but it is a shame and ultimately isn’t good for anyone in the industry. No matter what the ‘pros’ of a certain property, purposely overpaying and, worse putting thousands of your own cash in to one of these deals is just foolishness. Of course some may make out OK. With a new boom they may be able to break even and cash out and a few may even make big profits on speculation, but it is certainly risky and just asking for trouble. It isn’t that these investors are unintelligent, perhaps it is more laziness, because there are certainly still plenty of decent deals out there and there are literally hundreds of billions of dollars in foreclosures coming through the pipeline. Don’t forget the golden rule; “make your money when you buy”, even if this is positive cash flow and a small sweat equity cushion. If you don’t, you could find yourself joining the ranks of thousands who failed in last bubble.     “Want to Know Who is Actually Putting Capital Out?” Get access to a simple to use fully customizable database of...

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10 Brilliant Apps Small Businesses Should Use
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10 Brilliant Apps Small Businesses Should Use

By on Jan 23, 2013 in Uncategorized | 0 comments

Article by, Ilya Posin Contributor As apps become more prevalent and more powerful, entrepreneurs and small business owners are relying on these savvy tools to help their businesses grow and run more smoothly. These top 10 mobile and web apps can get you organized, connected and visible – and they will likely contribute to your success: 1) Evernote Ever had a great idea while flying cross-country? Evernote is an app that makes sure users “Remember Everything.” By allowing users to store, organize and share text, photos, and voice notes, entrepreneurs can easily keep track of all of their brilliant ideas. The popular app has secured $166 million in funding and acquired web startups Skitch and Penultimate to add to their growing list of features. 2) Google Drive Building on Google Docs, Google’s new Drive app lets users seamlessly port and edit files from PC to tablet to smartphone. Not only is it a fully-featured office suite, the software also acts as a full cloud drive, letting you store any file type via a virtual drive app or a web interface. Google apps is already the top choice for small business webmail, and Google is moving to repeat that success in the cloud storage arena. Oh, and you get a nice 5GB of storage, free. 3) FormMobi Called a “virtual clipboard,” the FormMobi app lets professionals in the field easily gather and distribute data on any mobile device. The app has robust functionality and is a solid tool for filling forms on-the-go. Some features include the ability to record audio, take pictures, collect signatures, and create CAD-quality sketches. Built by a team with 26 years of workflow software experience, FormMobi is making the clipboard digital and easy to use. 4) Bump Bump is a revolutionary networking app that allows entrepreneurs to ditch traditional business cards in favor of virtual ones. Users can trade contact information, photos, and files by simply “bumping” two smartphones together. Since its inception in 2008, the app has garnered over 8 million monthly users and 27 million downloads.   5) Tripit Anyone who’s had to make three connecting flights and rent a car on the same day can attest to the need for a comprehensive and simple itinerary. Tripit is an app that allows...

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Most Common Mistakes of the Amateur Investor….

By on Jan 21, 2013 in Uncategorized | 0 comments

Knute Rockne, the famous Hall of Fame Notre Dame football coach, used to say, “Build up your weaknesses until they become your strong points.”  The reason most individual investors constantly loose money in the stock market is they simply make too many mistakes.  It’s the same in your business, sports and your career.  You never fail because of your strengths.  It’s always the mistakes or weaknesses that you do not recognize and correct that bring you down.  Most people just blame somebody else, such as your advisors.  It is much easier to have excuses than it is to examine your own behavior realistically.  Don’t feel bad.  It’s human nature. Spending over 15 years in the investment industry and over twenty as an active trader, I’ve learned the greatest mistake all investors make is never spending any real time trying to educate themselves and learn where they made their mistakes in buying and selling stock in an effort to identify what they must stop doing and start doing in order to become highly successful investor.  In other words, you must unlearn many things you thought you knew, stop doing them, and start learning new and better rules and methods to use in the future. From my years in the industry, managing the emotions of hundreds of investment clients and through endless research, the following are the twenty-one most common mistakes investors make: #1:  Living in denial and stubbornly holding onto your losses when they are very small and reasonable. Most investors could get out quickly when they have made a mistake, but because they are human, their emotions take over.  You don’t want to take a loss, so you wait and you hope, until your loss gets so large it becomes almost impossible to recover.  From my experience managing client emotions, this is by far one of the greatest mistakes nearly all investors make.  As the world famous investor William O’Neil say’s “All stocks are bad.  There are no good stocks unless you make money when you sell”. Without exception, you should cut every single loss short.  The rule I have taught all of our investment clients is to always cut all your losses immediately when a stock falls 7%...

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Two Paths Which will you Choose?

By on Jan 20, 2013 in Uncategorized | 0 comments

Written by Dave Lavinsky on Friday, August 20, 2010 Categories: Business Planning “There are always two choices. Two paths to take. One is easy. And its only reward is that it’s easy.” – Author unknown By definition, as entrepreneurs, we try to achieve a lot of tasks with limited resources. And as a result, it is often imperative that we seek the easiest ways to achieve these tasks. Is that so bad? As the quote implies, it would be. However, a critical distinction must be made between the words “easy” and “easier.” In general, “easy” is not good. If something is easy, than anyone can do it (including your competitors) and you gain no competitive advantage. Unless, that is, there is an advantage to doing something first. Or, if you don’t need competitive advantage in that area (e.g., using a website that makes it easy to find a local cleaning company for your business would be an example of this). On the other hand, accomplishing something in a way that is “easier” than your competitors does give you a real advantage. And there are three core ways you can accomplish tasks easier: 1) Planning. When entrepreneurs rush to accomplish tasks, they often make mistakes, don’t perform as well, and take longer to achieve the desired outcomes. Conversely, with a bit of planning before starting key tasks, you will complete them faster and with better results. For example, if you were driving somewhere for the first time, spending 5 minutes planning the trip (printing out directions for example) would clearly save you multiples of that 5 minutes in driving time had you not done it. Or preparing a grocery list before going shopping always saves you time and ensures that you get all the items you need. The same is true for virtually ever business project you undertake. 2) Getting better information. By getting expert information, you leverage the wisdom of others who have already accomplished what you seek to do. For example, if your goal is to drive one million visitors to your website, clearly you could achieve this better and faster by following the blueprint of someone who has done this before. This is why I have created...

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