Investing Blog
Watch for me on REI Advisor, CRE online and IRA.com
Exciting news! I've been asked to be a guest speaker on My REI Advisor.com on Friday January 20th. My REI Advisor is the #1 site on the internet for real estate investors. The site features weekly live teleclasses, informational podcasts, and blog posts by some of the...
Have you heard the Good News?
This time of the year is all about giving to others and the same can be true in your real estate business. Every house you buy, sell and rent is a gift to the future tenant, return on investment for a private lender, a fixed up house for the community, and memories...
How To Fast Start Your New Year!
WOW, we're getting ready to close out 2011! Hopefully by now, you have set out and determined what you want to accomplish in 2012. If you haven't started yet, now is the time to get going! Before we get to setting 2012 New Year's goals, check out our March 2-3 Live...
Is there a Jail House Notary?
David Phelps and I hope that you had a great Christmas and enjoyed time with family and friends, reflecting on the real importance of this time of year. This is the follow up to the email we sent you last week. I needed to conclude the property transaction from the...
Merry Christmas from Jim
Ho Ho Ho! I hope you have enjoyed your Holiday Season this year and spend a lot of time with your families! Everything is on-sale at this time of the year and the good news is that also includes housing ha ha. I am thankful that we can all enjoy a fantastic real...
Need a Get-Out-Of-Jail Free Card?
Last week's lead generation produced an interesting result...a trip to the county jail. Nope, I wasn't busted for any illegal activity. I had a visit with a property owner who's current residence is the jail. Source of this lead?? The next-door neighbor who was having...
How I turned $1,500 into a 1,000 Percent Return – Tax-free!
Guest contributor --- My good friend, David Phelps. No, that's no mistake on the subject line. This week, among 3 other transactions, I took $1,500.00 from my daughter's Roth IRA and purchased an option interest on a property that is worth at least $15,000.00 at...
Free Gift Friday…
Hi Everyone I trust you are having a great holiday season this year! If you enjoy sales then I know you are getting some great deals from the retailers this year! The same is true with housing right now, it is on-sale and great deals are available for you so I hope...
Updated speaking schedule, book updates and more…
Hi Everyone First, I want to welcome all the new subscribers! Also, thanks to each of you who have emailed me or left me a nice review on Amazon, it is very much appreciated! I am working on writing my new book and have written more than 40 pages so far. I expect to...
Confession Tuesday — I made a mistake
Hi Everyone I want to admit it, I made a mistake! Have you ever had to say that? If not, you are not being honest of course. OK, so I was in Los Angeles all last week and got back late Sunday night. When I returned I looked at my schedule and thought I was speaking...
Holiday Update, New Book, Speaking and More…
Merry Christmas to Everyone! Can you believe Christmas is less than 3 weeks away? I can't believe it. I am speaking Tuesday December 13 and I hope you can join me in Richmond over lunch. There is a nominal fee, but will be well worth your time to see me and network...
Learning to use Real Estate Options and Collecting Income Tax Free
One of our subscribers from the midwest contacted me with this one... He had a contract on a mobile home/land for $15,000 purchase price (only used a couple hundred dollars to tie up the contract). This particular property had sold in prior years for $80,000. Sound...
The Inherited Stretch IRA for future generations to live tax free
We’ve been talking about setting up your life for a secured retirement and passive returns protected from taxes and inflation, giving you and your family peace of mind. What if I told you that you could pass your wealth on to your heirs….your children or...
How to explode a small Roth IRA account with real estate
One of the questions that is often posed to to me is : “How can I expect to retire with Roth IRA investments if I can only contribute $5,000 per year?” Great question! The key is all in the structure of the deals! And learning how to develop your own small group of...
Choosing your real estate friends and Partners wisely
Investing in real estate is a team sport. The best opportunities and best deals are not listed on some exchange board or found through mutual funds, private or publicly traded investment trusts. I recommend investing in only secured real estate investments – where...
Where is the disconnect?
“Hey Jim, If it was so easy, why isn’t everyone talking about using the Roth IRA strategies that you and David talk about?” To build or acquire sustainable investment assets that will provide for you for the rest of your life takes some action on your part. Totally...
What would your “Rich Dad” say?
What Would Your Rich Dad Say? Robert Kiyosaki describes 4 primary reasons to be rich: 1. To survive 2. To be secure 3. To be comfortable 4. To be rich Poor people have the mindset of financial survival - focusing on getting by day-to-day. The middle class focus on...
What if tomorrow never comes?
Guest written by: David Phelps I was struck hard yesterday by the loss of a friend and colleague. "It wasn't her time." She was only 37 years old, leaving behind a 6-year old daughter and a loving husband. Shocking - we always ask "why?" Could that happen to you or...
Buying in the perfect storm
I was at my local bank branch this week sending out a wire transfer for a closing. The young banker (in his 30’s) asked me more about what I do and how I buy property today. He then mentioned his grandfather who had posed the question to his banker grandson,...
Getting the right assets to get you the right cash flow
Sometimes it is hard to know how to spend your money. Should you buy a liability (car, boat, r.v.) or should you take some of your money and buy some investment real estate? It can be...
