How to Survive Your Business Until It Thrives

Written by Susan Dunn, coach


Continued from page 1

5. Do things you were paying others to do.

Cleanrepparttar floors yourself. Physical exercise is good forrepparttar 104778 nerves.

6. NOTHING is off limits.

Including bonuses, 401ks, personnel, your wardrobe,repparttar 104779 company picnic, supportingrepparttar 104780 Little League team, subscribing to trade journals, attending seminars.

7. If you have folks on expense accounts, tell them to sharpen their pencils.

Make it clear you're reading those things. Make it clear whatrepparttar 104781 limits are. And lower them by 50%.

8. Don't overlookrepparttar 104782 obvious.

What isrepparttar 104783 thermostat set at? Do you turn offrepparttar 104784 lights when you leave at night? Who’s flying who could be driving?

9. Go back and comparison shop for every service you need.

Find a lower phone rate, a cheaper janitorial service, cheaper paper with free delivery, cheaper service provider, cheaper computer nerd.

10. Ask others for help, and renegotiate everything.

Changing out tenants is expensive. Your landlord might lower your rent rather than lose you.

©Susan Dunn, MA, The EQ Coach™, http://www.susandunn.cc . Coaching for individuals around emotional intelligence. Marketing for professionals on the Internet – http://www.webstrategies.cc . Mailto:sdunn@susandunn.cc for free ezine.


How to Research and Purchase a Good Investment Property

Written by Elaine VonCannon


Continued from page 1
Are you paying cash for your investment property? If not a mortgage will have to be paid. Have your REALTOR determine if rent and applicable fees will coverrepparttar mortgage, property management and maintenance. Consider property management if you do invest in property. Research fees and services provided by different property management companies, or ask your REALTOR if they provide this service, because many do. If you do not want to collect rents and contract repairs, find a property manager withrepparttar 104777 skills to negotiate, be your intermediary, and facilitate business in your absence. For investors who rehabilitate and sell buildings at a profit, a decent turnaround is 60-90 days fromrepparttar 104778 time of purchase torepparttar 104779 timerepparttar 104780 property is put back onrepparttar 104781 market. Three to four contractors should be researched and they should provide written bids with time estimates on their projects. Document Fund Availability with Your Offer Once you find that dream investment property, don’t forget that offers need to be accompanied by your financial institution’s statement of fund availability or a lender’s approval letter. This will help make certain your offer will be accepted over other offers that may not come with appropriate paperwork. There are still plenty of great deals on investment properties in this real estate market, and there are some less than desirable properties as well. Do your research. Or, hire a professional who will do it correctly for you. With proper planning and decision making, your real estate investment should be a profitable and worthwhile endeavor.



Elaine VonCannon is a REALTOR with RE/Max Capital in Williamsburg, Virginia, and she manages investment property as part of her business. Her husband Joe is a contractor who collaborates with her on rehabilitation of properties. She has helped numerous clients invest in and make money on property investments in Southeastern Virginia.


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