There is a world of difference between the “fractional reserve system” (FRS) and the “central banking system” (CBS). FRS merely spreads out the money deposits in the form of loans, and the total sum of deposits plus debt never changes. FRS is a kind of “leverage” on the deposit of money that strongly depends on […]
Bitcoin (BTC) has been hacked several times, mostly for “proof of concept” and not for nefarious intent. The algorithms for creating new BTC are now so difficult to compute that most BTC farmers are out of that business. The processing power to break the global BTC ciphering ledger is well within the reach of organized […]
Low interest rates are very enticing. I want to suggest caution, because an increase in interest rates will dramatically affect the value of real property. Real estate is a “borrowed money” business. The cost and structure of financing determines the income valuation of the property. Similar to bonds, the value varies inversely to the yield […]
I just released my latest wealth creation information product. It is called (drum roll, please): “How to Pyramid Your Equity to Create Wealth and Financial Freedom” It’s a thick, jam-packed (over 100 pages) special report PDF with forms and spreadsheets. It explains several ways of creating or leveraging equity so that you can, with very diligent […]
I just updated the Property Analysis Worksheet Short Form product with a short video tutorial about the RepairEstimates worksheet and the QuickTurnSummary worksheet. Operate like a professional wholesaler by using my spreadsheet to calculate and justify your ridiculously low cash offers. Use my spreadsheet to determine whether a wholesaler is a professional or just another clueless […]
I just uploaded a product update for the Property Analysis Worksheet Short Form. It now has a new worksheet that summarizes the project for your private financier! You can save the worksheet as a PDF file or directly print out the worksheet and take it to your local real estate investors club. Go now to […]
There is a product update for the Property Analysis Worksheet Short Form that includes another 40 minutes of mp4 tutorial videos that show detailed analysis for Hard Money financing and Self-Directed Individual Retirement Account (IRA) financing. Check out the product page by clicking here.
New free video uploaded to YouTube.com at this link. It shows my spreadsheet and templates calculating and presenting the numbers for fix-and-flip and fix-and-rent using self-directed IRA (Individual Retirement Account) financing.
New free video uploaded to YouTube.com at this link. It shows my spreadsheet and templates calculating and presenting the numbers for fix-and-flip and fix-and-rent using hard money financing.