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Archive | February, 2010

Is Advertising for Private Money Legal?

28. February 2010

32 Comments

We recently had a speaker in Oklahoma City who came to talk about how to borrow money from private lenders. That speaker shall remain nameless in this article. He presented some excellent information on how to get private money from friends, family, and associates. And he told us how he had gotten [...]

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The Blog Has a New Look

22. February 2010

9 Comments

Well, if you’ve been to this blog before, you probably noticed the new look. We’re still not quite finished with the whole thing, but we’re close. The programmer has done a great job. Anyway, let me know what you think of the new look. Also, do you see anything that we [...]

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HUD tries to Make Owner Financing Illegal

14. February 2010

134 Comments

HUD is attempting to require that ANYONE who provides seller financing have a mortgage broker's license.

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The Section 8 “Gotcha!”

14. February 2010

27 Comments

If you are reading this, you probably already know that Section 8 is a government sponsored rental assistance program for low income individuals.  Everybody seems to be talking about how the great the section 8 program is.  It’s great for the person who getting the benefit because they get at least part of their rent [...]

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Using Inevitability Thinking

11. February 2010

10 Comments

Shortly after the first of the year, I put into play some adjustments to my real estate business to grow my portfolio of cash flow properties.   In the past, I’ve set goals and put plans together that have fallen flat. To prevent that from happening to these plans, I used a technique called inevitability thinking.   Inevitability thinking [...]

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REPLAY: Interview with Cory Boatright, the Shortsale guy

11. February 2010

3 Comments

Tuesday night Robert and I interviewed Cory Boatright.  Cory had some really good stories to share.  He also shared some great insights into why he started getting into doing short sales, and how he makes a lot of money with that technique.  We had some challenges with people not being able to get onto the [...]

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Three Ways to Look at Any Opportunity

4. February 2010

12 Comments

The other day I was working with a coaching client.  This particular client has a number of cash flow properties, and was entertaining the idea of suplimenting his cash flow by doing some wholesale flips.  He has a full-time job and someone with whom he has hired as an assistant.  He asked me whether or not [...]

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