Offshore investing - Leveraging overseas trading
In today’s climate of a falling dollar and emerging economies all over the world, offshore investing can be an attractive option. Before looking at investing overseas, however, you should understand your financial goals, the potential pitfalls of...
Defining Your Goals
Probably one of the most important things we do with our Partnering For Your Success students is to help them define their goals. We discuss their need for both short and long term goals. This might sound trite to you, or you might say, Yeah,...
Starting A Successful Business
Selecting to venture out and start a business is one of the hardest decisions entrepreneurs have to make, leaving the security and income of a previous job, to invest in an uncertain future can be a daunting decision for anyone. But once the...
Truth #1 - It is going to take some work on your part to
succeed. If you have done some research into tax lien
certificates and tax deeds you may have heard some so called
"gurus" bragging about how easy it is to make a fortune. While
it is easier and safer than many investments, it doesn't come
without some work on your part. You need to learn about the
business and you need to invest some of your time to succeed.
The good news is that with less work than most traditional
investments you can get substantially higher returns while
exposing yourself to less risk.
Truth #2 - There are hidden treasures for those that are
persistent. You've heard the stories I'm sure. An investor
buys a tax lien certificate at auction, the owner doesn't
redeem, and the investor ends up with 25 acres of land for the
low price of 68 dollars.
First let me say that these sorts of things do happen and more
often than you think. I personally know the gentlemen who bought
the previous piece of land for 68
dollars. But you can be sure
that it did not happen the first time at the auction. With some
persistence and a little bit of experience you can get better at
finding the jackpots.
Truth #3 - Most properties at auction do have real value.
There are a lot of reasons that a property can end up at
auction. The common misconception is that most of the properties
do not have any real value. True - there are properties on the
auction that seem worthless, and to many, they are - but to the
creative investor they are literal gold mines.
Think outside the box. Put your mind to work and you'll discover
that there are a lot of things you can do with the property that
no one else wants. By being creative you give yourself an
advantage over 99% of the people at the auction. Now cash in on
it!
Invest some time and money into the business and you will
discover that there are huge returns waiting.
