Archive for the ‘Housing’ Category

How many zeros in a billion?

This is too true to be funny.  The next time you hear a politician use the word ‘billion’ in a casual manner, think about whether you want the ‘politicians’ spending YOUR tax money.

 

A billion is a difficult number to comprehend, but one advertising agency did a good job of putting that figure into perspective.

  • A billion seconds ago it was 1959.
  • A billion minutes ago Jesus was alive.
  • A billion hours ago our ancestors were living in the Stone Age.
  • A billion days ago no-one walked on the earth on two feet.
  • A billion dollars ago was only 8 hours and 20 minutes, at the rate our government is spending it.

While this thought is still fresh in our brain… let’s take a look at New Orleans… It’s amazing what you can learn with some simple division. Louisiana Senator, Mary Landrieu (D) is presently asking Congress for 250 BILLION DOLLARS to rebuild New Orleans.

Interesting number… what does it mean? 

  • Well… if you are one of the 484,674 residents of New Orleans (every man, woman, and child) you each get $516,528.
  • Or… if you have one of the 188,251 homes in New Orleans, your home gets $1,329,787.
  • Or… if you are a family of four…  your family gets $2,066,012.

Washington, D.C. HELLO! Are all your calculators broken???

Accounts Receivable Tax
Building Permit Tax
CDL License Tax
Cigarette Tax
Corporate Income Tax
Dog License Tax
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel Permit Tax
Gasoline Tax
Hunting License Tax
Inheritance Tax
Inventory Tax
IRS Interest Charges (tax on top of tax)
IRS Penalties (tax on top of tax)
Liquor Tax
Luxury Tax
Marriage License Tax
Medicare Tax
Property Tax
Real Estate Tax
Service charge taxes
Social Security Tax
Road Usage Tax (Truckers)
Sales Taxes
Recreational Vehicle Tax
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone Federal Excise Tax
Telephone Federal Universal Service Fee Tax
Telephone Federal, State and Local Surcharge Tax
Telephone Minimum Usage Surcharge Tax
Telephone Recurring and Non-recurring Charges Tax
Telephone State and Local Tax
Telephone Usage Charge Tax
Utility Tax
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft Registration Tax
Well Permit Tax
Workers Compensation Tax 

STILL THINK THIS IS FUNNY?

Not one of these taxes existed 100 years ago… And our nation was the most prosperous in the world. We had absolutely no national debt… We had the largest middle class in the world… and Mom stayed home to raise the kids.

Can you spell “politicians”? What happened?

Letters to Send to Motivated Sellers – Free Samples Attached!

Letters to Send to Motivated Sellers…
By: The Tattooed Guru

Being in the real estate and marketing business, I’ve seen every letter ever created that attempts to find motivated sellers of real estate. Yes, some letters work better than others – which can be proven to be true by testing and tracking your results. The only real way to unleash the true potential of any letter is to send it out and see how many of your leads result in conversions. Then take the winning letter and try to improve on it, make slight changes, maybe to the headline, and see if the response rate increases. You should constantly be trying to beat the winning letter.

Here are some techniques to keep in mind when preparing your letters to send to motivated sellers.

  • Don’t brag about yourself or how good you are. They don’t care! Let them know what you do and what you can offer them. Tell them how you can help.
  • Be as warm and as personal as possible. Speak as if you are writing a letter to your best friend. (Hand address the envelope).

Good luck with your letters that you send to motivated sellers! Here are a few FREE samples of letters to send to motivated sellers.

Use them at your own discretion. I won’t even ask you for half of those massive checks you make… (Imagine that).

You can have your entire letter campaign handled here.

Feel free to experiment with these letters.  Be sure to select the right list (as highly targeted as possible) to mail these letters to and you’ll be well on your way to success.

By: The Tattooed Guru

Foreclosure Investing… Laws in Different States

When it comes to foreclosures, there are many laws that one has to be very familiar with. Below is a brief article that will touch on just some of the basics.

Foreclosures can be very complicated (and risky) and the rules can change on you from situation to situation depending on all the variables that are involved.

With this being the case, those new at this type of real estate investing should work together with someone who has a lot of experience in dealing in foreclosures. Also, having an attorney that is very familiar with the foreclosure laws in your state will help keep you from making costly mistakes.  

Happy Investing!

Eric Foster
www.BuildingMyRealEstateEmpire.com

Foreclosure Laws and Procedures by State
By: William Tingle

The foreclosure process varies somewhat from state to state, and depends primarily on whether the state uses mortgages or deeds of trust for the purchase of real property.

Generally, states which use mortgages conduct judicial foreclosures; states that use deeds of trust conduct non-judicial foreclosures. The principal difference between the two is that the judicial procedure requires court action on a foreclosed home.

Different states use mortgages (judicial) or deeds of trust (non-judicial) or both. It is important to find out specific information and procedures that are particular to each state.

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