End Of Year Tips For Investors

Tis the Season for Investors to take action Now to increase profits with minimal effort and just a tad bit of planning. Sure, you will be expecting your 1099s and 1098s and W2s, but this is simply going through the motions. Schedule an appointment, a meeting with yourself to PLAN for your investing business.

Remember, the old famous saying "Failing to Plan,... is Planning to Fail" was announced by me weekly during my real estate business meeting with my staff.

TIP 1: Turn on the 10 for 12 Program on all of your investment properties where you enjoy the huge benefit of seller financing. In a nutshell, you simply send a holiday card and ask your "lender" to take advantage of your one time special offer. Imagine a loan with a monthly payment of $500, this equals $6,000 per year. You offer $5,000 NOW in exchange for no payments next year. Thus, the 10 (payments) for 12 program.. Don't laugh, it works most of the time. Sure, not every seller financed deal will participate, but I PROMISE you nobody will participate if you never ask. TIP 1A, "Hard Money Lenders" as homie says, "don't play that"

TIP 2: GOALS, review them from last year..... did you have goals involving last year. This is short and simple. Super successful People, not just investors, CREATE GOALS... write them down, enter them on a time line on your personal calendar... google calendar is an excellent tool for investors for setting goals....

Short to the point example: Suppose I made a goal to buy 6 properties next year. Doing the math and breaking this huge goal into baby steps... this means I would have to one house every other month... or 1/2 house every month..... take this information and enter it as a reminder on your calendar. Many online calendars are free... AOL, Google. Yahoo, and many others... set it up as a birthday, a task, a reminder and these calendars will send an automatic email to you, and a message to your cell phone. You have boatloads of free tools at your fingertips to keep you motivated, to keep your fuse lit and much more.

NEVER Go To The Bank Again to Buy An Investment Property!