Archive for November 21st, 2007
Letter of Intent
Wednesday, November 21st, 2007Once you’ve established the valuation using the five steps of property evaluation you are ready to draft the letter of intent or a purchase and sale agreement. I prefer to use a standard letter of intent to map out the deal points between myself and the seller before moving to [...]
Business of Investment
Wednesday, November 21st, 2007It Takes a Team
Who was it that said “No man is an island”? Whoever he was, he could have been living in the twenty-first century because today we don’t do anything without the help of other people. Even when movie stars win Academy Awards, they never walk up to the podium, [...]
Property Invest Myth: You Can’t Be Afraid of Failing
Wednesday, November 21st, 2007Show me an entrepreneur who says he or she isn’t afraid of failing and I’ll show you a liar! A bold statement, absolutely, but a true one. Everyone is afraid of failing. The difference is that some of us let that fear of failure hold us back. Sometimes fear stops us from [...]
Invest Myth: You Have to Know the Tricks of the Trade
Wednesday, November 21st, 2007There are no tricks of the trade in the purest sense of the term. But there are secrets to success in life. And as long as you know those, you’ll be successful at anything. First, you have to set goals. Goals will be the foundation of the roadmap for your success. They [...]
