Buying real estate for investment purposes can seem like a big chunk of information to digest if you look at it all at once. Let’s break it down into more manageable bites. The simplest part is Stage 1. During this time your primary focus is to stock up on debt. You...
Jason likes to close the monthly Creating Wealth in Today’s Economy seminar with a poem called The Reluctant Investor’s Lament. It was written in 1977, but still packs a wallop of powerful thoughts. Below is an abridged version for your reading pleasure. “I hesitate...
Every once in a while you hear a story that makes you go, “Hmm, how DOES something like that even happen?” It all goes back to the secondary mortgage market and the practice of banks and Wall Street firms buying and selling pools of mortgages – one loan was sold 39...
You’ve bought your first income property and have a property manager in place. You can’t just turn off your cell phone and take a year-long yacht cruise to the South Pacific. There are some responsibilities you, the owner, still have. Here’s a quick list. 1. Interview...
As a California-based business, we offer the following commentary and wonder, “Why are we still here?” Yes, it’s warm in California but we’re talking about a different kind of melting. On June 10, 2009, California Controller John Chiang had this to say about the...
