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Real Estate Investing – How to Use Postcards and Letters to Raise Private Money

Let me guess, your real estate business is struggling? It’s no surprise…actually most industries in America are reporting significant losses for 2008 and worse is expected to come in 2009. The mortgage industry in particular is struggling because real estate is the last thing on many people’s minds right now. Potential homeowners are hesitating to buy a new house, just as lenders are hesitant to approve major loans.

Your goal should be to leave the traditional lenders to their paranoia and seek out new interests-from Private Lenders. Private lenders are the ones who have the money to lend and who are anxious to discover the next investment that will provide yields than CD’s or money markets.

But how does the average investor find private lenders. We market for them. One way is to use postcards and letters. Postcards and letters are not new but they work.

Both of these options can be used to solicit interest from high net worth individuals. Your first step is to purchase lists of high net worth people and then send a postcard or letter to invite them to get a free report or invite them to an informational seminar. The goal is to entice them to listen to you one-on-one, at an in-person meeting or a seminar. Then you can use the opportunity to talk about your real estate investing business and the option of private lending.

Be sure to send cards or letters to people within your state and do not cross outside your state. This will eliminate the need to register with the federal SEC.

What is the difference between letters and postcards when it comes to advertising? Aside from costs, postcards provide a very strong visual image with limited information. This is ideal advertising for someone in a hurry, or someone who has a visual mind and wants to “see” the results of your proposition. Postcards are also a good idea for someone who has already received a letter, or attended your seminar, and who just needs a kind reminder.

You might assume that since the Internet is what everyone uses, that it’s pointless to advertise through any other medium. Wrong! People still read newspapers and still receive mail. In fact, people are probably more likely to read a physical document addressed to them (one of 5 or 10) than they are to read over one of the thousands of virtual ads they see online everyday.

Penny Stocks and Las Vegas Showgirls – What Do They Have in Common?

Long before moving into the penny stock arena I lived in Las Vegas for a summer, trying my hand as a blackjack professional. That of course is the story itself and one I won’t go into here, the other thing I did regularly was to catch some of the outstanding entertainment they have in Las Vegas. Good fortune allowed me to meet more than one show girl, and before you let your imagination run, once the costumes were off and they’d changed into blue jeans and T-shirt, they were just like any other girl you’d meet, particularly one named Holly.

Holly lived in Las Vegas, attending UNLV, she was putting away money and had plans to start investing with the hopes of one day becoming financially independent. Of course my intentions were focused more on a relationship, yet I enjoyed listening to her discuss her future with a keen interest.

At the time she knew little about the stock market, and nothing about penny stocks but she had a keen sense for business, and a sensibility I felt would give her success in life, no matter what she chose.

Of course getting to know her allowed me to come backstage, meet some of the other girls, and more than once I watched the show from the wings, and on select nights from a table in the house. I noticed one thing in common with all the showgirls; they were filled with energy, wore those amazing costumes, but once the show was over, were some of the most down-to-earth people I’ve ever met. Many were married, others had children, and several spoke of this being a stepping stone for the future.

The one that held my interest though was Holly, she was systematically putting money away every week and her mind was focused continually on her goal of financial success, possibly even financial independence. As I think back of that summer in Las Vegas, and wonder how I can illustrate what a show girl has in common with penny stocks is simply this when you invest, you must keep your eye on the goal and in almost every case with penny stocks, the goal should be your exit point.

Since stoploss orders are not allowed with penny stocks, it’s mandatory you have an exit point in mind before placing your buy order. By having this goal in the forefront of your mind, you can lower your risk, and potentially lock in profits.

What I want to do is be completely honest and let you know there is risk associated with penny stocks, but it is a calculated risk, assuming you have three things

  1. The right mentality to keep your eyes focused on the goal
  2. A sum of money allocated for investing, making certain your existing financial obligations are covered.
  3. The right information and market timing.

I’ve already discussed point one, so let’s move forward to point number two. In order to be a successful investor you must have a sum of money earmarked for investing. And while this money could be accumulated by mortgaging your house, borrowing on credit cards or other credit nightmare scenarios, the optimum way, and one that will allow you to sleep well at night, is to put a side a certain sum every week or two weeks from existing income. By doing this you are in effect adding your penny stock investments into your monthly budget, a very effective strategy to ensure adequate funds to invest.

Number three concerns having the right information and market timing, crucial to successful investing. There are multiple penny stock newsletters available, the difficulty is knowing which consistently offer good advice, and which ones to steer clear of. Our recommendation is to join several, track them over time, then determine which offers good picks. It’s not difficult, but can be very time consuming.

Sometimes as I’m scoring the net for financial data and penny stock alerts, I wonder if Holly succeeded in her financial goals. Holly if you’re reading this I wish you wealth, health and success.

3 Reasons That Make People Never Start an Online Business

Ever thinking of starting an online business? Many people are thinking of making money online but most of them are just thinking of it without any action. They never start their business although they know that they can make money from it. What makes these people never take an action to start an online business? Many reasons involved but the major three are:

1.  Being too busy

Those who are thinking of starting an online business have busy lives because they have a job and other family obligations. Starting an online business for them is a goal with no committed starting date, and it is not a-must to-do task as they still live comfortable with their day job income. They just think to start it whenever they have time, but most of them can’t allocate the time, that’s why their online business never get started.

Most people in the earth are busy. If thing never being planned and prioritized, it normally will be ignored unless they can find extra time for it which most of them don’t. For those who are interested to make money from internet, they need to plan for it and set their goal with proper schedule to meet it. Don’t give yourself an excuse that you are too busy and will only get started an online business whenever you have time because most probably you will never get started after years. 

2.  Thinking that they need a lot of money to get started

Those who are new to online business will think that it is similar to other traditional businesses which they would need to invest a lot of money to get started. And, they do not have this much of money to set up their own online business, making them give up their decision to make money online.

Although it is true that you have to invest money to start an online business, but it can’t be equated with traditional businesses. In fact, there are many business opportunities on internet that you start with, will cost you thousand of dollars, but there are businesses which you can do it in less then $100 depending the type of business, the necessary tools and references you need to purchase. If you have budget constraint, then start it with minimum cost. At least, money is needed to buy a domain for your online business and have your website up to get the business running. Then, you could use some free ways to drive visitors to you website.

3.  Not having the experience

Many people think they need some sort of experience in online business to get started, and because they don’t have the experience, they afraid to get started because they worry that they will fail eventually. But the problem is they won’t gain the experience if they not even get started.

No one business in the offline and online world has a guarantee to success, and many entrepreneurs did not successful in their initial business, but they learn from their failures and others success stories to make themselves a successful entrepreneur. The best thing about online business is it does not cost much to learn & to gain experience. There are many success blueprints available online which you can follow to minimize the risk to fail in your online business.

The bottom line is if you are thinking of starting an online business, don’t make the above 3 key reasons stop you from take an action to get started.