There is a long list of institutions that provide financing for investment in real estate. These include commercial banks, investments banks, credit unions and others. Each of these institutions has its own unique process of evaluating a prospective borrower. The terms and conditions, on which they provide loans, are also different. If you want to secure financing for a real estate transaction, you must make sure which institutions are suitable for you. Since you are going to have a long relationship with them, you must choose them wisely in order to avoid any inconvenience later.

Below is a list of institution and a brief description about them. The information will be very useful for you if you are thinking about obtaining finance for real estate business.

Commercial Banks

When it comes to financing, commercial banks are the king. They are the most sought after banks since they are very organized and posses' huge amounts of money at very minimal cost. If you obtain financing from a commercial bank, you will be required to re-pay the loan in a given time with interest. If you plan to borrow a huge amount, you have no option but to contact a commercial bank because only they can provide the highest amounts of loans. Since the risk involved in commercial banking transactions is very great, consequently, they have a very strict policy of evaluating potential customers. In commercial banks the loan application goes through a number of people before getting approved so it takes a lot of time from the initial application to final disbursement. Commercial banks are suitable for you only if you want a huge amount of loan and you are not pressed for time.

You must also posses an impossible credit history and credit worth in order to qualify for a loan from commercial bank.

Fund Manager / Venture Capitalists

These are people who provide capital for a business at the initial stage or at the time of expansion. They manage funds of different people. This fund management includes investing it into profitable ventures. They make sure that the return on their investment is the highest available in the market. The interest rates charged by fund managers are higher than a commercial bank. It is highly probable that the fund manager has no working experience of real estate business because the only thing he is interested in is the rate of return on the money that he provides you. Before applying for a loan from fund manager, make sure that your projections are realistic and show considering amount of profit in future.

Bridge financing

If you want to buy a property and finance it from the sale of another property that you currently own, you can go for bridge financing. The rates for such loans are very high due to their shorter time span. The good thing about these loans is that they do not get a long time to get approved since the lender feel that his money is fairly secure in this type of transaction.



Source by Mike Lautensack

The internet is awash with creative and non-traditional ways of real estate investment. Reading one of them makes you feel that it is very simple and workable. Then you begin to doubt whether all of them actually work. The truth is they do. All these techniques have been used by someone, somewhere at some point in time. The possibilities of using these techniques are limitless. Once you start putting them into practice, you will find out that they can work wonders for you. Some of the creative methods of real estate investments that you can put into practice are as follows:

Finding money lenders

There are people, even in this slowdown, who are loaded with cash. These people extend short-term loans to their customers with a little higher interest rate than the conventional lenders. You can secure such a loan from a lender and use this short -term facility to invest in your real estate business. You can use these short term loans for flipping houses or any other short term real estate activity. The profit from the business can take care of the mark-up.

Simultaneous buying and selling

The method, though creative and workable needs a lot of hard work and quick wittedness. The phenomenon works like this: You buy a property from an owner and request him to defer the payment to a future date. Within that date you find a buyer for the same property. You ask the buyer to make immediate payment. When the buyer gives you money, you use that money to pay the owner from whom you have bought the property. So what’s in it for you? Of course, you are not going to sell the property exactly at the same price at which you bought it. The difference between your buying price and selling price is your profit.

Though seemingly, the idea is simple enough, in reality it is a little bit complicated. First you need to find a motivated seller and convince him to sell his property at deferred payment. Then you need to find a buyer of the same property and convince him to make immediate payment to you. If you decide to start such a venture, it is highly advisable that you have a buyer already lined up before you make the purchase so you do not get stuck with the property.

Assuming mortgages

Another creative method for investing in real estate business is to assume mortgages. The idea is to take over the existing mortgage on a property. In addition to taking the mortgage on the property, you can also get another mortgage for the payment to the seller. The phenomenon is very much feasible since the seller gets higher interest and receives his payment in relatively shorter period of time. But, before you indulge in this activity, you must make sure that the original lender agrees to your assuming the mortgage because his consent is imperative. Also try and make yourself familiar with the local laws of the state in which you wish to operate since the laws differ from state to state and if you are not aware of the existing laws.



Source by Mike Lautensack


The other day I was driving in my car listening to the radio and an advertisement came on about a certain popular real estate investor coming to town to teach a free seminar about building wealth through real estate. “It’s 100% free to attend!” the advertisement said.

I’m sure you’ve probably heard these ads, as well, or maybe you’ve seen some pop up on your Facebook or Instagram feed or before a YouTube video.

So, what’s the deal with these?

Put simply, it’s a very common and effective way for these real estate educators to make a LOT of money. But here I’ll break open the secret world of real estate education and explain when you shouldn’t—and when you should—pay for it.

Related: The 13 Tell-Tale Traits of a Scammy Real Estate Investment Guru

The No. 1 Real Estate Investing Scam

Here’s how this “guru trap,” as we like to call it, works.

First, you get invited to one of these free seminars. Almost all the time, the real estate celebrity whose face was all over the advertisement won’t actually be there. It’ll just be someone on stage who is really, really good at selling.

Keep in mind—they aren’t actually teaching you how to invest. Instead they’re simply showing you what’s possible.

They want to get you to thirst after a better life. They know all the right buttons to press, all the right emotions to tweak, all the psychological tricks to get you to do one thing: sign up for the “next level of education.”

This usually is in the form of a weekend boot camp that costs a few hundred bucks. This, for the real estate educator, is a way to filter out all those who don’t have the funds to make a larger purchase, which is what the weekend boot camp is usually about.

Attend and you’ll likely learn just a bit more, but much of that event is focused on the next upsell—the $30,000, $50,000, or even $100,000 coaching or education platform they’re offering.

And let me tell you, they are really good at getting people to pay it! Now—is any of that wrong?

Not necessarily. I know a number of investors who have become successful after paying a hefty amount for coaching and training. But I also know many more who have succeeded wildly without the help of the “guru crowd.”

What drives me nuts is the number of individuals I hear from who spent that $30,000 or $50,000 or $100,000 to learn how to invest, and then they discover that the information they learn is already out there, usually for free or for the price of a book, podcast, or a Google search.

Some of these individuals were pressured into putting this expensive training onto credit cards—even being pushed to negotiate with their credit card companies to raise their limits.

But here’s the thing I’ve noticed: every single person who I know that has succeeded with the help of expensive training, I believe would have done so without.

And here’s the real kicker, something that might make you a little uncomfortable to hear. I believe most people who pay for expensive coaching and training do so because it makes them feel like they are taking action. It makes them feel like they are making progress and are closer to their goal.

But are they? It’s debatable (and likely just not the case). Here’s what I recommend doing instead: prove to yourself that you have what it takes by taking REAL action.

Do these six things:

  1. Listen to 100 episodes of real estate podcasts. Obviously I highly recommend the BiggerPockets Podcast, but there are a lot of great real estate shows out there.
  2. Read 15 real estate investing books.
  3. Engage in at least a hundred conversations on the BiggerPockets Forums.
  4. Take a dozen real estate investors out to lunch or coffee in your area.
  5. Analyze 100 real estate deals, walk through a dozen open houses, and attend at least three real estate meetups in your area.
  6. Be sure you are living responsibly by spending only 70% of what you earn.

After all that, if you still think you need coaching and training (and you have the money—in cash, not credit—to pay), then go for it.

To conclude, I’ll leave you with one of my favorite quotes from the late, great Jim Rohn: “If you really want something, you’ll find a way. If not, you’ll find an excuse.”

Watch my video above where I go into further detail about gurus, whether or not they’re worth it, and alternative ways of educating yourself and beginning investing.

Have you attended costly seminars, boot camps, courses, or something similar? How did it pan out?

Comment below!





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Forgiveness is a religious concept that society believes can liberate an individual in the face of irreparable damage. It is taught that forgiveness can relieve you of anger, emotional suffering and assist in letting go of negative emotions to move forward with the healing process. It’s a great concept but very challenging when it comes to actual virtue; especially when the evil inflicted by someone else has caused so much pain and trauma.

Everyday is a struggle for a lot of us emotionally and mentally in general. We all strive to be the best person we can be. However, the daily struggle to deal with even external things such as our careers, jobs, family and finances can make us restless to the point where it becomes an internal struggle to meet the end goal of living a well-balanced happy life. When you add to this an act of betrayal, deception or deliberate harm caused by someone close to you, enters a whirlwind that sends you into total emotional abyss. The reason, people find forgiveness to be such a difficult process is because it’s constantly being drilled into us why we need to suppress our pain, thoughts and feelings. We’re told that in exchange for pardoning and showing compassion to the evil-doer first – the outcome will be everlasting happiness for ourselves. Bullshit. Forgiveness sounds like a great idea until it has to be practiced.

Is forgiveness overrated? Not quite. But it isn’t the nighttime, sniffling, sneezing, aching, quick over-the-counter emotional medicine many claim it to be either. It has drawbacks and it’s time we start to acknowledge this crucial fact. It’s a problem when forgiveness becomes a requisite. It’s just as toxic, unwise and harmful as the act of betrayal itself. To be constantly pressured and fed the ideology that in order to heal and move forward from our hurt, we have to set it aside and turn our pain into a commodity rather than an actual feeling, deepens the wound. Wounds of betrayal can become so submerged in our subconscious mind that they might be difficult to extract, especially more you suppress it. It’s usually because we aren’t being allowed to fully acknowledge our struggle through genuine life difficulties. It takes time and effort to overcome pain. You can’t time this sort of thing. Anyone who tells you different isn’t being honest. Whenever something bad happens, we should be allowed to process what is happening and deal with it accordingly. It’s the only way we’ll better understand the world.

Life is wonderful from time to time, but it’s also tragic. Things happen. We get hurt and the people we love get hurt; lots of times by other people. If we are told that we’re only allowed to have positive thoughts about our hurt then these realities can strike us even more intensely when they happen-and they will happen. Anger is a legitimate response to being hurt. Sadness helps us process tragedy. Forgiveness has to be intentional in order to be achieved. It is a voluntary practice that has to be made by the individual, not outside influences. If it isn’t intentional then it should not be forced. The inner change necessary to achieve forgiveness starts with the person learning to practice various solutions and responses until they find one that works for them. It’s the only way a person can cope with their pain without risking any real-life consequences. It is being able to accept how you feel and that it is your right. It’s the first step in learning to understand how to balance your anger and channel your thoughts which will ultimately determine how you think, feel and behave towards yourself and other people. This is how you are able to start caring for yourself in very realistic terms and moving forward from past hurt and pain. It leads to a permanent attitude.

The concept of forgiveness goes much further than Jesus and the words you’ll say. It’s also not something that can be done just once. It is daily acceptance and ongoing practice. Forgiveness and the growth that follows doesn’t feel good if you’re cruel to yourself in creating it.



Source by Faye Bishop




Perch, an online platform for home buying and selling, announced this week that it raised $220 million in funding to fuel its plans for continued expansion. The company, which launched in Texas early last year, is part of a rising category of companies called iBuyers, which seek to simplify the home buying and selling process by creating a completely digital transaction that puts consumers in control. But with a full-service offering that promises more than its competitors, Perch is looking to stand out.



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Where and how do you find the best capital investors for your next real estate deal?

Capital makes the real estate world go round. But it doesn’t necessarily have to be your own cash!

In fact, sharing investment opportunities with others isn’t just a smart model for yourself, it can also provide a great service, too. Of course, finding these investors—particularly ones that really fit well—can be another issue altogether.

First Decide Who

If you already have a list or database of investors and you don’t yet have your next property lined up, it can be worth considering what those investors want or need in order to create a good fit. This can be easier than doing it the other way around.

If, like many others in this space, you already have a business model and a deal you want to get funded, then take a few moments to really get a handle on what the best investors might look like for that project.

  • Who has the type of money you want?
  • Who will be easy to work with?
  • Who is going to be straightforward to manage?
  • Who will be wowed throughout the journey?

Related: 3 Questions to Consider When Bringing in Capital Partners

There are lots of people with money. But that doesn’t make them all a great fit for your offering.

Create a clear profile of your ideal investor.

  • Where are they?
  • What are their criteria?
  • How much liquid cash do they have?
  • Where is it coming from?
  • What are their pains and aspirations?
  • What type of media do they use and prefer?

With this data, you can reverse engineer the way in which you find investors to partner with.

The key is to position yourself in the appropriate channels to reach said investors and to be of value to them by delivering great content. Those channels could include BiggerPockets, podcasts, local real estate conferences or events, and so on.

Match Your Messaging

Make sure all of your materials support your project and appeal to the audience you’re trying to reach. Carefully consider what you post, the words you use, the images and colors you choose, your logo design, the domain names you create, etc.

Young business people shaking hands in the office. Finishing successful meeting. Three persons

Reach Out, Pull In

You can use both outbound and inbound marketing to connect with investors and raise capital for real estate deals. Just know your real costs, dig in, and do your homework so you’ll have realistic expectations about the process.

If you look at stories of how most tech startup entrepreneurs have landed investors, the most common scenario is them reaching out to their connections and asking for introductions. There’s often potential in friends from school, family members, peers, and even those you’d think might be competition.

Events are a great place to start, too. Get out and attend industry events where you’ll encounter like-minded people and other investors looking for information and opportunities. This is some of the lowest hanging fruit!

You can also acquire lists for outbound marketing. Credit bureaus, data compilers, and even Facebook have information like this that you can use.

Related: Real Estate Leads: How Much Do You Really Need to Follow Up?

Summary

Raising capital for real estate deals doesn’t have to be rocket science, but it does take work. It will also likely entail accepting rejection.

Finding investors can be done with an inbound approach or outbound approach to marketing, and networking, list-building, and learning how to sell yourself are all important parts of this.

The most successful are also the most efficient, and not only nail the follow up, but also take the time to really get to know and understand the ideal candidates for their next investing opportunity.

How do you recommend finding investors? Have you been approached to partner on a deal? How did it happen?

Share in a comment below. 





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There are a few things you notice these days when you watch a movie based on sports. The first is that, unlike the old days, there are organizations in Hollywood who understand sports and help to make sure that the movie is realistic. Remember the Titans, Radio, and Hoosiers, are three examples where clearly, the action, the uniforms, and the athletes and coaches all are very authentic- the parents are usually over the top though- which is not unlike reality either! In all of these stories, there is the coach, or more frequently, the new coach, who finds himself in a meeting with either the parents, or the fans down at the firehouse or Mom’s Restaurant, or some archetypal location where the “Good Ole Boys” meet to chew the fat and second- guess the coach.

Generally, coaches who take over a program that has not experienced success in the past, or where the program is just beginning will have a much easier time than the coach who takes over a program with a winning tradition and lots of ex-players living and working in the community. In many places in America, what goes on with the local high school team is far more important to people than what is happening in the Professional Leagues or the Division One Colleges. A former Athletic Director at my school in upstate Pennsylvania in the middle of the anthracite coal country was scheduled to officiate the annual rivalry between two highly respected teams. An illness in the family caused him to have to cancel on a Wednesday before the Friday night game. Several “friends” called and told the athletic director that this was definitely going to affect the betting line in all of the bars for the big game- they begged him to reconsider because he “understood” their style of play and would not ruin the game with too many penalties.

For a coach who is new to a successful program, we strongly suggest that you invest $5 and purchase The Prince by Machiavelli. Written in the 16th Century and pretty much mandatory reading by all statesmen, politicians, generals, captains of industry, school superintendents, and yes, coaches, it is 110 pages long and filled with scenarios that will make you realize that to be an effective leader, one must have more than rugged good looks and a loud voice. Consider the following 6 cautionary and instructive strategies from the master himself. We will provide the quotation, then we will give the lesson in a contemporary setting.

1. On Being Proactive

“And so it is with state (TEAM) affairs. For the distempers of a state (TEAM) being discovered while yet inchoate, which can only be done by a sagacious ruler(COACH), may easily be dealt with; but when, from not being observed, they are suffered to grow until they are obvious to everyone, there is no longer any remedy. The Romans, therefore, foreseeing evils while they were yet far off, always provided against them, and never suffered them to take their course for the sake of avoiding war; since they knew that war is not so to be avoided, but is only postponed to the advantage of the other side.”

So, Mr. New Coach, you perceive one day that an assistant coach who also applied for your job is moving a little slow when you speak, or not appearing to be as “on board” with the program as some others seem to be- nothing big mind you- just a hunch you have. Perhaps it has gotten back to you that this staff member has been “bad mouthing the program behind the scenes. Take another look at the Master’s advice… Does he say to sit down with that person and logically discuss the matter with him or her? Does he say to have patience and try to “work” with that person? No, he advises that, while the problem is yet barely noticeable, or “yet far off”, you take the appropriate steps to, as the Romans did, not let them “take their course” to avoid conflict- because conflict cannot be avoided, only put off, and the delay works to the advantage of the other side. Dismiss the individual quickly and with little fanfare. If you wait till later, your boss might treat it like a false equivalency and tell “both of you to sit down and work this out like gentlemen.” You are the Head Coach. Make the change and move on! If your doctor found a tumor in the early stages would you tell him to keep it in for a while?!

2. Being a Change Agent

“And let it be noted that there is no more delicate matter to take in hand, nor more dangerous to conduct, nor more doubtful in its success, than to set up as a leader in the introduction of changes. For he who innovates will have for his enemies all those who are well off under the existing order of things, and only lukewarm supporters in those who might be better off under the new.”

Wow- and you thought that the people in town would just love you because you are so sincere and such a nice guy. HMMM, now what? You need some friends- important ones at that. The world’s hardest job is to introduce changes- remember Gene Hackman in Hoosiers- What, you are changing the defense? Or in football… Don’t you know how we play it here? Our tradition is “smash-mouth,” grind-it-out, football, not the “Chuck and Duck with all those scared-to-be hit wide receivers running around!

When Dick Vermeil became coach of the Philadelphia Eagles, he immediately asked “Concrete Charlie” Chuck Bednarik- a “God” in the Philadelphia Pantheon of sport heroes- to be an on the field coach of the team with no precise job description. Coach Vermeil simply said, “He’s on the staff, because I want him right next to me when the street fight starts!”There’s never a real “street fight” in an NFL Game- OK maybe in the Philadelphia grandstand- but that kind of talk- also employed by Buddy Ryan when he coached the Eagles works very effectively with Philadelphia Fans- and Dick, as well as Buddy, knew it. Know your community. Coach Vermeil was a student of small town public relations. He conducted several tryouts of local wannabees in his first year which led to the addition of the hustling, non-college football player “Philly Boy” Vince Papale to the roster. (See the recent movie with Mark Wahlberg- “Invincible”) Later in the book, Machiavelli speaks to the value of a “few signal examples” by a leader to get the message across. To Philadelphia fans, golden- haired California born and raised Dick Vermeil is a native son- no other coach of any other sport to this day, has their picture on a billboard in Philadelphia. Dick still does- 25+ years after he retired from the Eagles. You might not be a Dick Vermeil, but at your awards banquet, can you have an old retired famous coach or player speak? Can you name an annual award after a famous person in the program from yesteryear? If the sport is basketball, can you name the annual Xmas Tournament after the famous coach that everyone still talks about in hallowed terms? How about having the old coach talk to the troops before the big game like Dick Vermeil did with Chuck Bednarik? You neglect this at your peril, Mr. New Coach.

3. Should you be Loved or Feared?

“And here comes in the question whether it is better to be loved rather than feared, or feared rather than loved. It might perhaps be answered that we should wish to be both; but since love and fear can hardly exist together, if we must choose between them, it is far safer to be feared rather than loved…Moreover, men are less careful how they offend him who makes himself loved than him who makes himself feared. For love is held by the tie of obligation, which, because men are a sorry breed, is broken on every whisper of private interest; but fear is bound by the apprehension of punishment which never relaxes its grasp.”

Should you be loved, or feared? Well, don’t go too heavy on the “feared” till you win some games, but, as Machiavelli asserts, it would be nice to be both, but if you can only be one of the two, “feared” might be the better choice. If you look closely at the quotation, you can see a part of the issue that is seldom talked about but may be equally important to the apparent main issue of whether to be feared or loved. Here is the problem… Even your faithful assistants will be less careful about deadlines, being on time for meetings, or generally pleasing you for example. Why? Because if they miss a deadline, you won’t be upset. Ever hear someone say, “If I’m late my wife will kill me”? Nobody really gets killed, but everyone fears the grief that comes from not following an assertive person’s expectations. However, you will always give another chance. You will always say, “Ahh, don’t worry about it- just get it to me as soon as you can.” So, those who work for you and even like you will never be worried. When the day comes that you lose it because people are late for a meeting, they will be puzzled at this volcanic reaction of yours.

Former NFL Coach Bum Phillips used to tell a story from when he was on the staff of Bear Bryant at the University of Alabama. The entire staff would be seated at the table well in advance of the stated time for the meeting to start. The coaches would all be chatting about a variety of things. Then Coach Bryant would walk in. Everybody sat up straight and stopped talking. Coach Bryant would smoke an entire cigarette in dead silence with nobody breathing a word till he finally said something. We know, you don’t want to be like that- most people do not. However, even your loyal supporters will have a higher sense of urgency about pleasing you if you aren’t such a pushover. Think about it. Practice your mean face in the mirror! Occasionally, show a few “signal examples” about how you could be if you really did get upset. People will be more attentive. General Norman Swartzkopf, of Desert Storm Fame, remarked once about how surprised he was that people were laughing so much at his jokes after he had 3 stars on his collar. The General did not hesitate, we are told, to let people know what he was capable of every now and then. That will keep them laughing when you tell a joke Coach!

4. Be Open to Advice and Suggestions- on Your Schedule

For there is no way to guard against flattery but by letting it be seen that you take no offense in hearing the truth: but when everyone is free to tell you the truth, respect falls short. Wherefore a prudent Prince (COACH) should follow a middle course, by choosing certain discreet individuals from among his subjects, and allowing them alone free leave to speak their minds on any matter on which he asks their opinion, and on none other. But he ought to ask their opinion on everything, and after hearing what they have to say, should reflect and judge for himself. And with these counselors collectively, and with each of them separately, his bearing should be such, that each and all of them may know that the more freely they declare their thoughts the better they will be liked…A Prince, therefore ought to take counsel, but at such times and seasons only as he himself pleases, and not when it pleases others…he should discourage everyone from obtruding advice on matters which it is not sought…”

Some leaders, such as George W. Bush, we have read, did not like to be told what was really going on, choosing instead to find their own reality more satisfying. As a leader you should make it clear to subordinates that you expect them to tell you the truth when it comes to reporting what is really going on. However, the often made mistake is when the leader states that “His or her door is always open” so as to hear anything about anything at any time. Notice what Machiavelli urges of you head coaches… 1) You must guard against flattery, 2) You wish to be told the truth. However, NOT everyone’s opinion is being sought at all times, and the only opinions being sought are the ones the boss asks about. Thus, the door is NOT ALWAYS OPEN! Its open as to opinions when you ask a selected person his or her opinion and at no other time. So always be ready to hear the truth, but not when it pleases someone else to tell it to you, only when you ask a person for it. This is not a democracy! Also, bear in mind that, unless otherwise stated by the head coach, when we “go around the table asking opinions” we are not taking a vote. As Lincoln was supposed to have stated to his cabinet one day, “Thank you all for your opinions, I will now make a decision on the matter.” Again we state- It’s not a democracy- you are the boss.

We wish you luck coach- did you schedule your pre-season parent meeting yet? How about your Wednesday night mandatory study time in the library so the message gets out that you are concerned with scholarly things first!? Do you know any of the Greats from yesteryear yet? Go visit them- today! Ask their opinion on good ways to motivate players. Be interested in their “war stories.” Let the boosters do the fund raisers, not you. Finally, remember that its not just about X’s and O’s- all of us who have coached are undefeated- on the blackboard!

5. Don’t Be Indecisive

“A Prince (Coach) is despised when he is seen to be fickle, frivolous, effeminate, pusillanimous, or irresolute, against which defects he ought therefore to guard, striving so as to bear himself that greatness, courage, wisdom, and strength may appear in all his actions.”

So, when a decision is reached, there can be no agonizing about whether it was the right decision, but everyone must work hard to make that decision be the right one. Nothing is worse than appearing indecisive, and not to decide is to decide. Note that Machiavelli states that a wishy-washy individual will not just be disliked, but DESPISED.

6. Practice Effective Public Relation Strategies

He (The Coach) ought, moreover, at suitable seasons of the year to entertain the people with festivals and shows. And because all cities (schools too) are divided into guilds and companies (church groups, youth organizations, school co-curricular activities) he should show attention to these societies, and sometimes take part in their meetings; offering an example of courtesy and munificence, but always maintaining the dignity of his station, which must under no circumstance be compromised.

Coach… stated simply, do you attend the games of other teams, attend the Spring Concert, attend the school dramatic production, walk into the chess club one day and play somebody, volunteer (along with your players) at the Special Olympics, show up at other athletic events for kids in the community, and generally allow yourself to be seen in a lot of other things besides your sport? If you don’t, you won’t have a lot of friends storming the castle of the board room on the night they are discussing whether to renew your contract! Sinclair Lewis, one of the greatest American fiction writers of the early 20th Century wrote a book in the mid 1930’s that would be very timely in today’s Zeitgeist entitled, It Can’t Happen Here. It suggests the possibility of revolution and a totalitarian takeover of the United States. One of the characters is a candidate for President with a very successful election strategy. He would show up at the bottom of coal mines, atop high building being constructed and in National Parks in remote places on the thinking that people would be impressed and say, If he’s coming here, this guy must be going everywhere…” Take some time out to show up in places that people would not expect you to show up- the custodian’s office to leave him a bottle of wine at Christmas for example, or in the back where the cafeteria ladies work to give them a corsage around Easter time. Another political expert also added, “Find the parade and get in front of it!” You can figure that one out for yourself. Don’t lock yourself in your office drawing X’s and O’s on a piece of paper!



Source by Daniel Chandler




The closing rate for purchase mortgages recently hit a record high, but analysts at Capital Economics warn lenders that this trend is unlikely to continue. Why? Blame a slowing economy. This is bound to adversely impact borrowers’ credit quality, and the result will put downward pressure on closing rates, which will results in minimal growth in home sales this year.



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Roofstock’s data-driven platform allows users to evaluate, purchase and own residential investment properties from anywhere in the world.



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Lima One Capital was founded by two Marine infantry veterans who entered the real estate investment space after serving together on active duty in Ramadi, Iraq. As active real estate investors, they were looking for a better, more flexible and innovative way to acquire funding for their projects. Lima One’s innovative mortgage loans allow investors to acquire, renovate, construct and sell FixNFlip properties (aka residential transition loans “RTL”), acquire or refinance rental properties to hold for long-term investment income (“SFR”), and acquire, renovate and stabilize multifamily apartment properties.



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