Real Estate

Turning Your Blog Income Into Multiple Streams

Jun 4th

So you worked hard for a year or so posting regularly to your blog. It was a life draining process where your nights were spent tossing and turning because you could not stop thinking about how to market your blog and get the word out. Now you have a steady stream of blogging income from affiliate sales, Google Adsense, and direct ad sales. But what would happen if almost all of your search engine traffic disappeared overnight because of a Google algorithm update? What if that traffic was 40% or more of your entire traffic source? Your income would decrease More >

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Reasons Why People Want to Work From Home

May 21st

Posted by Brandon Connell in Blogs

1 comment

There are some people on this planet that would rather die than have a traditional job. These kinds of people do better starting their own businesses because they tend to not be people persons. I will admit that I have had jobs in my past where I could think about nothing more than how much I wanted to get out of there. They were usually factory jobs in Chicago making car parts.

I promised myself (and everyone else) that I would start my own business and make enough money so I never had to work for anyone else again. I currently More >

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Bank Owned: REOs

May 12th

Posted by Brandon Connell in Investing

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A bank is in business to lend money. They find people who want to buy a property, or have a property and want to get cash out. They make their money from the interest incurred from the loan.

Sometimes the loan does not go as planned because the buyer gets behind on payments. After A couple payments behind they start what is called foreclosure. It starts by filing a public notice called a “notice of default”. You may have seen such a notice in your local newspaper.

After such a notice the bank will take the case to court and try to More >

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Creative Financing: Contract for Deed

May 12th

Posted by Brandon Connell in Investing

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Also known as a land contract, a contract for deed is a legally binding agreement that commits the buyer to the upkeep, and taxes just as if they owned the title, but they do not get the deed to the property until the full terms of the contract are satisfied.

Land contracts can be used in the case of when the seller is financing the property for the buyer rather than the buyer going to the bank. The buyer pays principal and interest to the seller in the form of an amortized monthly mortgage payment.

The buyer is normally required to have More >

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How to Buy Real Estate With No Money Down

Apr 14th

Posted by Brandon Connell in Making Money

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Buying a house is really not that hard. Even if you are broke. A few years back, I was in a situation with my family and we were behind on our rent. We had a toddler and a newborn, and had less than 2 weeks to get out. This was right before Christmas. I had to do something drastic, or we would have been homeless. I decided to buy a house…

With $400 to my name, I wrote an offer on a 5,000 square foot mansion in a town 200 miles away. The sellers were asking $30,000 and I offered them More >