MySpace


Annetta Powell

Annetta Powell


Last Updated: 3/11/2009

Send Message
Instant Message
Email to a Friend
Subscribe

Gender: Female
Status: Single
Age: 33
Sign: Aquarius

City: West Bloomfield
State: Michigan
Country: US
Signup Date: 3/16/2007

Blog Archive
[Older      Newer]
 /  / 
Tuesday, August 18, 2009 
Work out your cash flow!

Renovating a property takes a certain amount of money and cash is needed to keep workers on task, loans paid up to date and for unexpected emergencies. When you have cash ready to use, you can ensure the project will go more smoothly.

Join my free networking group at www.cashinonforeclosuresnetwork.com.  To register, visit www.cashinonforeclosures.com.

Annetta Powell
Queen of Real Estate




Thursday, August 13, 2009 
Saving for your new home! Start today and Invest tomorrow!

There are many ways that you can save up for that new home you plan to purchase. The important thing is that you have a sound plan and follow through with action! You can own your own home in no time if you stay committed! Here are a few things that you can do to help you budget and plan for the home of your dreams!

First you must define your money-saving goals. By having a written plan, you’ll know what you are shooting for. Some questions to ask yourself are: How much money do you want to save, and over what period of time? How much do you think you'll need to put toward a house someday? It would be a good idea to set up a "housing fund" for yourself. This can be a separate savings account at the bank where you currently have an account. This is where you'll put a little extra money each month, to prepare for the home-buying expenses we talked about earlier. Also, you may even consider setting up an auto-transfer with the bank, so a pre-determined amount goes into your housing fund each payday. Most banks offer a service like this, and some employers will allow you to split your paycheck into two accounts.

The next thing is to create a budget for yourself. For some people, this can be a challenge but you have to do this in order to reach your goal of home ownership. You need to find out how much money you are spending each month, and where that money is going. There are two reasons for this. You need to know how much you can put aside each month, and you also want to spot any wasteful spending habits. This is really the hard part but if you stick to it, the reward of becoming a homeowner is so much greater!

Subtract all of your monthly expenses from your net monthly income (after taxes). The amount you have left over is what you can put toward your house fund each month. If it's a very small amount, then you need to find a way to cut down on your monthly expenses -- as a way of channeling more money into your house fund.
How often do you eat out? This is one of the first things you should address when saving money for anything. Dining out can be expensive, especially when you do it several times a week. If you can cut back in this area by eating in more often, you'll have a lot more money to put toward your house fund each month.

Last but not least…..

Only buy necessities! This seems like a simple money-saving tip, but you'd be surprised at just how powerful it is. Whenever you're about to make a purchase, ask yourself this question: "Do I really need this?" More often than not, the answer will be no. And the more you refrain from making unnecessary purchases, the more money you can put toward your future house.

To get professional advice and more information call Vision Investment Corporation at 877-799-0820! Feel Free to visit the website at www.visioninvestmentcorp.com

Annetta Powell
Queen of Real Estate


Thursday, August 13, 2009 
HELP! I am looking to purchase a distressed property!

Distressed properties are homes that have either gone through foreclosure or are being marketed as "short sales." In a short sale, the homeowner can't afford to maintain the mortgage, but the lender - rather than foreclosing - agrees to the sale of the property for less than the balance of the loan.

There are advantages and disadvantages to buying distressed properties. Let’s examine distressed properties before you decide that this is the option for you.

Lenders are extremely interested in getting distressed homes sold and off the liability side of their balance sheets. Many foreclosed properties can be purchased for only a percentage of what they would have commanded five years ago. When looking into purchasing distressed properties, you'll be dealing with a highly motivated seller – either a bank in the case of a foreclosure, or in a short sale, sellers who are in financial trouble and very interested in getting out of a mortgage they can no longer afford.

It would be wise to use a professional realtor to identify great foreclosure deals for you. You may be successful at searching the web on your own, but keep in mind some of the information is outdated, some may be incorrect, and some of the available properties are not even listed. A realtor subscribes to updated listings and can offer you the most current information available. If you search yourself for distressed properties and purchase from the selling agent, you are paying a commission to someone with a vested interest. Obtain objectivity in the sale by working with your own realtor. You won’t pay any more. Technically, everyone works for the seller, since they pay the commission. Foreclosure properties are potentially the most profitable, but require the most attention to detail. A realtor experienced in foreclosure deals is highly desirable because the paperwork must be in order to submit a proper bid, and timeliness is critical.

Another great piece of advice: The title you receive after purchasing a distressed or foreclosed property is a special warranty deed rather than a general warranty deed. Some buyers are alarmed by this, but there is no need to worry. The purchase of title insurance protects the buyer. Each lender purchases insurance to protect the loan as well. Titling insurance should be obtained by the property purchaser. It is always offered by the closing agent. Consider using an attorney instead of a titling company as your closing agent. An attorney is only $50-75 more than a titling company. A real estate attorney can remedy any situation that may arise. Therefore, they are more efficient representatives on time sensitive foreclosure properties.

All of these things should greatly be taken into consideration BEFORE you purchase a distressed property or foreclosure. If you are still unsure and want to find out more, visit my website www.cashinonforeclosures.com or call 866-758-3555 to attend the next FREE Training Seminar to uncover the truth about becoming successful in real estate investing and get on the path to your financial freedom.

Annetta Powell
Queen of Real Estate


Wednesday, August 12, 2009 
Secure Financing!

Whether you are putting up your own resources, securing money from investors or working with a bank for a loan, make sure your financing is set up before anything else so you have the freedom to start the homebuying process.

Visit www.visioninvestmentcorp.com for more information!

Annetta Powell
Queen of Real Estate


Monday, August 10, 2009 
Be patient, Act quickly!

You don’t need to jump on the first properties you see, however when the right deal comes along, be prepared to move quickly. A good deal won’t last long and you’ll need to be prepared to make a move to secure it for yourself.

Join my free networking group at www.cashinonforeclosuresnetwork.com.  To register for a free training seminar, visit www.cashinonforeclosures.com.

Annetta Powell
Queen of Real Estate



Wednesday, August 05, 2009 
Be All You Can Be! Invest in Real Estate Today!


Be All You Can Be! Invest in Real Estate Today! Now you may be wondering how you can do just that. Achieving financial independence within Real Estate is something that anyone can do, but it requires lots of thought, planning and determination. With the unemployment rate being at it’s highest here in Michigan, it has left many to ponder their financial obligations and career options that may be available. Realizing that you have important decisions to make regarding your family, deciding to become an entrepreneur can be a scary thing. Yes, this is a huge decision! Yes, this affects your entire household! But it can do so in a very positive way. Being able to care for your family and put money away for a rainy day is a great feeling. Being able to rest easy at night, knowing that your home is secure, is definitely a peace of mind that every adult dreams about. So why not invest in Real Estate and be all you can be?!

Start in a market segment you know. Whether you focus on fixer-uppers, foreclosures, starter homes, low-down payment properties, condominiums, or small apartment buildings, you'll benefit from experience by specializing in one aspect of investment real estate properties. Don’t be alarmed if you don’t know all of the ins and outs of the business yet. You have a wealth of resources at your fingertips to help you get started. Take advantage of all the information that you can find on the internet. Network with people who are trying to achieve the same goals as you are, not to mention the thousands of successful professionals out there ready and willing to give you the keys to start your engine. Be all you can be and invest in Real Estate today!

A successful investor is having a plan and knowing how to work it. These investors wake up every morning with a goal and a game plan. They know what needs to be done and how to get it done. As a result, their chance of success is greatly increased. You must have the keen ability to network. Real-estate investing is probably one of the only professions that do not require formal education or training but every little bit helps. Therefore, the investor that builds a strong and far-reaching network of colleagues and partners is the most successful. Don’t forget to stay educated. When it comes to real-estate and investing, the rules and regulations are always changing. Every market is different and each locality has their own set of standards. As a result, the successful investor stays on top of it all by staying educated because it affects their business and their subsequent profit possibilities.

Be all you can be and get educated about Real Estate today! Join my free networking group at www.cashinonforeclosuresnetwork.com.  To register, visit my website www.cashinonforeclosures.com or call 866-758-3555 to attend the next FREE Training Seminar to uncover the truth about becoming successful in real estate investing and get on the path to your financial freedom!

Annetta Powell
Queen of Real Estate


Tuesday, August 04, 2009 
House Hunting - Wear comfortable clothes and sturdy shoes!

Trying to find your perfect first home can be tiring. Wear comfortable clothes and sturdy shoes. There's no sense in torturing yourself or your feet unnecessarily!

Visit www.visioninvestmentcorp.com for more information!

Annetta Powell
Queen of Real Estate


Monday, August 03, 2009 
Have a Game Plan!

It is always good to be prepared when you are thinking of investing in Real Estate! Get educated and learn as much as you can so that you may put together a sound game plan for your business!

Join my free networking group at www.cashinonforeclosuresnetwork.com.  To register for an upcoming bootcamp, visit www.cashinonforeclosures.com.

Annetta Powell
Queen of Real Estate


Friday, July 31, 2009 
What type of property should I invest in!

Determine your investing strategy!

There are different types of real estate, and different ways to invest in them. Which way is best is for you to decide, according to your particular needs. Here are a few avenues to consider when starting your business.

Rental houses
One of the easiest ways to get started and good long term return on investment. At times, being a landlord can mean more hard work but if you are up for the challenge then go for it!

Rent-to-own houses
When you buy, then sell on a rent-to-own arrangement, you get higher rent, and the buyer is usually responsible for maintenance. The bookkeeping cab be tricky, and most tenants don’t complete the purchase (this can be an advantage too, but it does mean more work for you).

Fixer-uppers
Are a quick return on your investment, and it can be more creative work. Keep in mind that fixer uppers can be high risk (many unpredictables) and you can get taxed heavily on the gain.

Buy for cash, sell for terms
You get a high rate of return by paying cash to get a good price, and selling on easy terms to get a high price AND high interest.


Buy land, split it and sell it
It is simpler than most real estate investments, with the possibility of great profits. The down side to this is that it can take a long time, and you have expenses, but no cash flow while you wait.

Boarding houses
You can get a lot more cash flow renting a house by the room, especially in a college town. The downside is that you can get a lot more headaches renting a house by the room, especially in a college town.

Commercial real estate
 Long term triple-net leases mean little management and high returns. Commercial Real Estate can be a tough market to break into, and you can lose income on vacant storefronts for a year at a time.

Looking through this list of options should help you decide what avenue of Real Estate you’d like to pursue. Always do your homework! Take your time and figure out what’s best for you. Also, talk to an experienced Real Estate professional to sort out your options. When starting out in Real Estate, making huge decisions will require the help of someone who knows about the business.

Once you own your first property, you will want to add more advisors to your team including: attorney, accountant, and various contractors. Most of them should own investment property or at least have investment property clients. Sometimes the biggest obstacle to becoming a Real Estate Investor is simply taking that first step. If you have found the right advisors, that step can be much easier and less stressful. Now go get started!

To get professional advice and more information call Vision Investment Corporation at 877-799-0820! Feel Free to visit the website at www.visioninvestmentcorp.com.

Annetta Powell
Queen of Real Estate


Wednesday, July 29, 2009 
CashInOnForeclosures.com 2-day Boot Camp

If you are willing to change your life and put yourself on the path to financial freedom, CashInOnForeclosures.com 2-day Boot Camp is for you! You need to learn the techniques so thoroughly that they become second nature to you. Those techniques will involve finding properties that have great potential, becoming an effective negotiator, structuring deals that will make you the most money with the least amount of capital outlay, and then how to resell the properties for the greatest amount of profit.

Make no mistake: you CAN become a real estate investor. It will take time, knowledge, effort, and BELIEF on your part, but first of all, it will take ACTION. So believe that you can do it (because you can), get educated in how to do it (the information is readily available), and then, most importantly - DO IT! Sign up for the CashInOnForeclosures.com 2-day Boot Camp TODAY!

You also need to interact with other real estate investors and learn their steps to success. This is because once you understand fully the workings of the business; a world of opportunities is wide open before you. For example, you need to know the best time to buy property and the ideal time to sell so as to make the most out of it. And always network well with other market players in the industry to ensure a steady supply of business. Don’t wait and don’t hesitate to sign up for the CashInOnForeclosures.com 2-day Boot Camp. Making all of your dreams come true is just a few clicks away. Sign-Up today!!

Sign up for the CashInOnForeclosures.com 2-day Boot Camp TODAY!

Real estate investing is one of the fastest growing industries in the world today! Real estate ownership is one of the best ways to achieve financial independence for the average person. But in order to be a successful real estate investor, you are must become above-average in your knowledge and understanding of how the real estate market works.
If you are ready to learn about Real Estate, you have to put yourself amongst like minded people. Come and learn all the secrets to success. Learn by doing! Learn by Learning! You will come away with the best knowledge you can give yourself for starting your own Real Estate business!

Get serious about your life and your financial freedom and sign up TODAY! CashInOnForeclosures.com 2-day Boot Camp will help you become a successful Real Estate investor. Make the choice today about your life! Sign Up Now!

CashInOnForeclosures.com

Annetta Powell
Queen of Real Estate