Research the wholesale real estate market and qualify homeowners effectively!

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Tim Mai has an easy nine step process for making great profits in the pre-foreclosure market. In this article, he will focus on Step 1 and explain the remaining steps in upcoming articles.

Setting up and organizing an office used to be an expensive affair. That’s no longer true thanks to today’s technology. For a minimum investment, you can now set up a highly efficient and effective work environment. Here’s a list of the basic equipment you need to get started:

• A computer-These days, computers are a bargain. You can buy one cheaply. However, it pays to get the latest model since the computer world is forever changing and improving itself. I’d recommend that you buy one that has a minimum of 1 megabyte of memory and will allow expansion for more memory. This is important because new software applications get larger all the time and become “memory hogs,” which can slow down the computer While this may not be so important at the beginning of your career, it’ll become so as you become more successful and the complexity of your investments increases.

• A good “office” software suite-you’ll need software that includes word processing, accounting software, computer slide generation, etc. Microsoft Office is the most common suite, but there are other, cheaper applications available (WordPerfect Office, etc.). Often, the application comes with the computer you buy so make sure the office suite comes with the features you need. Eventually, if you move into other, more complex areas of real estate (multi-unit dwellings, commercial real estate, etc.), you’ll want to buy software that’s designed specifically for the real estate market.

• A high speed Internet connection-whether it’s a DSL (direct subscriber link) or cable connection, access to the Internet is absolutely vital these days. The Internet is a great source for research and information on all real estate topics. Definitely do not use a dial-up connection! Although such connections are cheap, they’re maddeningly slow and tie up your phone line. Both you and your clients will end up frustrated at the inability to communicate quickly and effectively. In short, a high-speed Internet connection can win you business; a dial-up connection can lose it.

• A good laser or inkjet computer. Printers are dirt-cheap these days. The manufacturers make a greater profit from supplying the ink cartridges, so it pays to get a printer that’s economical with the ink. It also pays to buy a printer that produces high-quality letters and images. This contributes to your image as a serious and professional investor. While image is not quite as important in the pre-foreclosure market
  , it will definitely be a vital factor once you move into other areas of real estate. Banks, mortgage brokers, title companies, etc.-they all expect to see a polished and professional image in the people they deal with.

• A reliable cell phone-as you probably already know, this is one of the most important tools you can have as an investor. A cell phone allows you to be in contact with buyers and other individuals quickly and easily. Basically, it’s an information-gathering device that helps you identify deals and set them into motion. So, it’s important that your service be of high quality and not subject to a lot of dropped calls. Check out the service records of the cell phone providers in your area and go with the one that has the best record of reliability at a fair price.

Those are the basics then, but we need to cover one more subject that’s vitally important to your success-accounting and record-keeping.

Accounting and Record-Keeping

Real estate is governed by many local, state, and federal regulations. That means it’s vital for you to keep good records. As you start out, you may not need anything more than pad of paper and a pencil. However, once success arrives, you’ll definitely need computerized records and an accounting application. They not only help you keep your records straight, but make the whole process faster and easier. They’re well worth the investment! Below is a list of items you should definitely make use of in maintaining your records:

• Accounting software-If you decide to move beyond pre-foreclosures, you’ll definitely need to add a spreadsheet program (Excel, Quicken, QuickBooks, etc.) for all basic accounting requirements.

And if you decide to eventually move into property management, then you’ll need to add software designed specifically for such properties as apartment buildings, commercial properties etc. This software should include the following:

• A complete accounting package (general ledger, accounts receivable/accounts payable along with check writing, budgeting and financial reporting capabilities). Ability to track work orders and reminders, prints late notices, leases, checks, 1099s, etc.

• Tenant and lease management capabilities (including rental management forms). Pop-up reminders to remind you of late rent, expiring leases, etc. categorized by building, unit, owner or tenant.

• Capabilities to organize tenants, contractors, etc.

• Templates for letters and forms, etc.

You can use the Google search engine on the Internet to study and evaluate property management software. To help you out, I’ve listed several software package names and their URLs in alphabetical order. I don’t recommend a particular package. I simply recommend that you try them out and see which one works best for you and is relatively easy to understand.

• ü MRI Residential (http://www.realestate.intuit.com/)
• ü RentRight (http://www.rent-right.com/)
• ü Spectra (http://www.spectraesolutions.com/)
• ü Tenant File (http://www.tenantfile.com/)
• ü TenantPro (http://www.propertyautomation.com/)

You should be able to customize any of these programs to fit your specific needs.

• A separate checking account-Definitely keep your real estate financial transactions separate from your personal checking account! This is extremely important because you don’t want to invite a visit from the Internal Revenue Service (IRS). If you don’t keep a separate account, the IRS will be very suspicious of any claims for expenses, losses, and depreciation you put on your federal tax return. It may not consider you a legitimate business, and, if you’re audited, you may have a devil of a time proving expenses if your records are mixed in with your personal checking account. Also, it’s wise to have a credit card in the name of your business and charge all business expenses to this account. This also keeps business records separate from personal accounts.

• Expense records-Document every expense you have and keep organized records. Expenses can include bank statements, cancelled checks, tax returns, invoices, etc. In short, always have proof available in case the IRS challenges items on your tax return.

• Mileage records-It’s essential to keep business-related travel expenses well-documented. This is because the IRS has a requirement that tax payers maintain records of business-related mileage in order to claim that mileage as a business expense on tax returns. As of 2007, the standard mileage rate that can be deduced from federal taxes for the cost of operating a vehicle is 48.5 cents per mile for all business miles driven.

• Depreciation-Depreciation accounts for the fact that most assets lose their value over time and must eventually be replaced. You definitely want to take advantage of IRS rules to make sure you earn the highest profit possible. So, on your tax returns, claim the maximum depreciation allowed on such items as office equipment, software programs, cell phones, etc.

• Storage-Store all documents in an organized fashion so they’re easy to find and access. You don’t want to waste valuable time trying to locate items when you could be out finding more business. Use an organization method that works best for you (three-ring binders, tabbed folders, etc.). Photocopies of documents are fine for your office, but you may want to store originals in a safe deposit box at your local bank. However remote, there’s always the possibility of fire or water damage destroying originals, and, if that happens, you could spend a lot of time and trouble proving ownership of property and other items.

• Hire a professional for tax returns-Choose a board-certified tax attorney or CPA to prepare your taxes. This is a must. You may be tempted to use an off-the-shelf product (TurboTax, etc.), but I advise against it for the simple reason that these products can’t represent you before the IRS! Also, an experienced professional will have knowledge that a tax program couldn’t possibly possess. He or she will be well aware of all the intricacies of federal tax law and will be able to use them for your maximum benefit.

• Hire independent contractors-At the beginning of your career, you don’t need the hassle of maintaining employee records (wages, social security, etc.) and dealing with a myriad of state and federal government agencies (OSHA, the Department of Labor, etc.). As your business grows, you may find it necessary to hire part-time and/or full-time employees. However, in the beginning, it’s much less trouble to hire independent contractors.

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Sales Report – Easy & Simple Sales Reporting Software. Prophet is easy to use Outlook based contact management software, contact manager, small business Sales CRM Software…

Sales Report

• Easy Customer Sales Reports

• Powerful Sales Reporting Management

• Prophet Sales Reports

A good sales report helps you be effect

The key to keeping a sales team running efficiently is to make sure everyone stays on the same page. One of the ways a sales manager can make this happen is to get and review of a daily sales report. A daily sales report should contain the information needed to track and monitor the status of every opportunity. Unfortunately, it can take a lot of time to prepare such a sales report, but many companies are solving this problem by getting software that generates a sales report automatically.

Prophet provides a complete sales report
You can get a daily sales report from the Prophet system with just a click. This sales report generating software is designed to be used with Outlook and is therefore easy to set up. Since it is basically an extension of the Outlook system no special training is required and the system can start providing a daily sales report immediately. This sales report will contain the information every member of the sales team needs to track each opportunity. The sales report can be sorted according to product, sales representative, or customer. The sales report will also make an assessment of where every opportunity stands in the pipeline and can even project likely closing dates.

Of course the sales report should be immediately available to everyone who needs it and Prophet makes sure that happens. A top notch sales report should also be focused so that everyone gets the exact information they need, and again the Prophet system fills this need. This top rated Avidian software provides will give you a sales report that is complete and helps you build the best relationship with your customers. Tasking is easy with this sales report because it provides information about every step in the sales process. With this outstanding sales report there are never any tasks left undone.

Types of sales reports
The daily sales report is not the only one that a company needs however. Any type of sales report is available with the Prophet system and there are over 30 reports built into the system that are automatically generated. Any sales report can be easily customized to fit the company reporting requirements. Then a sales report can be used to forecast future sales trends and revenues since each sales report will contain the information needed by company executives to make such predictions. No factor is overlooked in a sales report that is made using this software.

If you want to take a look at the Avidian line of products, including the sales report features, go to the website at Avidian.com. There you will see how this software can be tailored to fit the needs of your company when it comes to a sales report and many other helpful sales force needs. You’ll find that the production of an excellent sales report is only one of the programs that can help your company. That’s why Avidian has received numerous awards for its software and its sales report features. Being able to produce a quality sales report has helped get Prophet named the Best Outlook-Based CRM solution. The sales report features have also been a factor in getting the software the prestigious four star rating from the highly regarded PC World magazine.

Get everything you want from a Prophet sales report
A sales report produced by the Prophet software gives you everything you need in a sales report. No stone is left unturned with a Prophet sales report and you will see your closings increase due to having the right sales report. A Prophet sales report uses all of the tools a sales manager needs to keep the opportunities up to date and the sales representatives or account reps functioning at peak efficiency. A top sales report keeps everyone on a sales team moving in the right direction. Do you want to know about the revenues produced by your sales, and then check a Prophet sales report? How about the source of sales leads, you will find it in a Prophet sales report. In other words, everything is covered by a Prophet software generated sales report.

Avidian offers the best business software
No other software on the market will give you a better sales report than that produced by Prophet Software. Every sales report is designed and produced to help you close sales and increase the bottom line for your company. Every sales report is complete and focused and every sales report is easily accessible. You can get a sales report using another system, but no other sales report system gives you more flexibility or will better meet your company’s needs. A Prophet sales report can give you the edge you need in today’s highly competitive market place. While other businesses are still manually preparing a sales report and wasting time and money you can get an automatically prepared sales report with the click of a mouse.

With the Prophet software you will find more that just the excellent sales report system. In addition to getting an excellent sales report you will also find the best contact management system on the market. Getting the best sales report available will be enhanced by all of the other features of the Prophet software. In addition to the sales report you will get other helpful aids to sales force automation. A good daily sales report along with the other features of the Prophet software keeps your sales representatives in the field following up leads instead of sitting at a desk trying to get a sales report done. You can take you company to a higher level with Prophet Software.

Contact:

Noeal

peterson2020@gmail.com

Sales Report

Software Contact

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Long accustomed to being the richest man in the world he has been nosed out for the prestigious title by a relatively unknown Mexican fellow, Carlos Slim. Slim is estimated to have a net worth of 59 billion while the better know Chairman of Microsoft has to settle for only 58 billion.

So who is Carlos Slim and how did he become so wealthy? To get the full story read this article You will quickly realize that Carlos Slim didn’t become the wealthiest man on earth because of luck. The guy is a very smart investor and businessman.

One of his sayings that I especially like relates to the way he has raised his family who are all working in his business empire. At a speech a few years ago in New York City Slim was explaining his life’s work “Many people want to leave a better world for their children,” he told the crowd. “I’m trying to leave better children for my world.”

That difference helps to explain how a family run business has become so successful.

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Google has developed a corporate culture that is the envy of many. Google has a college like campus at it’s headquarters at Mountain View, California and daily receives job applications in the hundreds from some of the world’s best and brightest in the IT industry.

The following information is taken from the GoogleSystem.Blogspot:

Google Numbers & Facts

Some facts about Google, from the Press Day event that took place in Paris this week, captured by Tony Ruscoe.

Search

* When Google started we indexed 25,000 web pages – today we index billions. Each time we index the web it’s grown by 10 to 25%.

* As the web grows, search becomes more important. It’s like a library – the bigger the library, the more important the index.

* 20 to 25% of Google queries have never been searched before.

* Google’s PageRank algorithm uses more than 200 signals to determine the rank of a website.

* iGoogle was our fastest growing product last year (2006). People have personalized their iGoogle homepages with over 10,000 free gadgets.

Languages

* The Google Book Search index includes books in over 90 languages.

* Google’s machine translation service is available in 12 languages.

* Google operates in 112 languages including Breton, Reto-Romanic, Catalan, Kurdish, Frisian and Gaelic.

* Universities in Rwanda, Kenya, Japan, Egypt, Ireland, the Ukraine, Michigan and Arizona are all using Google Apps for Education.

Corporate culture

* In 2007 Google gave free bicycles to all its employees in Europe.

* Google’s San Francisco shuttle bus service is the biggest of any company in the area. One shared car provides as much transportation as 20 privately owned cars.

* Google has the largest corporate solar panel installation in the US.

Revenue

* Of the $10.6bn Google generated in revenue last year, $3bn was handed back to our publishing partners through AdSense.

* In the first quarter of this year Google generated over $1bn in revenues from our partners.

What a company. Google has redefined what business success can mean not only for its shareholders and employees but to the clients that it serves.  

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Home, auto, life, and health insurance are certainly valuable investments, but failure to couple them with disability insurance will jeopardize your full financial security. For example, health insurance might cover the potential fiscal pitfalls of the medical bills that result from a disability, but the rest of your financial obligations are not going to come to a halt. Vehicle payments, mortgages, insurance premiums, and even savings for the future are all important expenses that cannot be ignored just because you are disabled. Unfortunately, the chances of becoming disabled might be greater than you think.
According to the 1994 Statistical Abstract of the United States, in the course of a year, odds are that 1 in 10 people between the ages of 25 and 64 will suffer a disability. When comparing that ratio to the odds of being victim of a house fire (1 in 122); injured in an automobile accident (1 in 160); or even of death (1 in 117), the advantage of disability insurance is clear. A February 2000 article in the New York Times reported that 1 in 7 people between the ages of 35 and 60 will become disabled for five years or more.

Despite these glaring statistics, many people still take a substantial risk by ignoring the benefits offered by a disability insurance policy. In 2000, a survey by The Consumer Federation of America and The American Council of Life Insurers found that 82 percent of people do not have long-term disability insurance or believe their coverage is inadequate.
The alternatives to disability insurance all carry a degree of risk or have some sort of drawback. Social Security benefits are difficult to qualify for and the disability must prevent you from working in any occupation. Worker’s compensation benefits are limited and only cover job-related sickness or injury. Other options—relying on savings, family, and/or friends—are not guaranteed and have considerable downside.
Guard your assets—don’t leave yourself vulnerable by neglecting to protect your income.

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While the US government was applying sanctions against Vietnam, other more enlightened governments, like the French who also suffered a humiliating defeat in Vietnam, were building trade ties and gaining lucrative contracts. Unfortunately, for many years, at it’s top levels the US has had an extreme shortage of statesmanship and forward thinking leadership.

Vietnam has a proud history and in spite of a lot of foreign influence has managed to retain a unique culture. Hard work, getting an education, and devotion to one’s country is part of that culture which is servicing Vietnam well in the 21st century.

One of the great potentials for Vietnam is the development of it’s tourist industry.

Vietnam is blessed to have about 1,750 kilometers of coastline fronting on the South China Sea. The white sand pristine beaches are some of the finest in the world.

The beaches and beach resorts are still relatively undeveloped although that is changing fast. Vietnam is currently coming into it’s own with a fast growing economy and entrance into the WTO, the World Trade Organization.

Tourism is briskly moving ahead in Vietnam. Vietnam has captured a large segment of the tourist market that used to go to Bali, especially Australians. Vietnam is considerably cheaper to visit and is deemed safer than Bali after the Bali bombing attack of two years ago.

No doubt that Vietnam is one track to become another hot tourist spot, one that deserves your attention. To take a look at available accommodations visit Terrific Hotels.

Vietnam is also becoming a low cost center for all sorts of industrial production, especially in the high tech area. Look for continued progress in Vietnam at a fast pace in coming years.

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What is the single word that is most desired by people
who have web sites?

What is the one thing that you absolutely MUST have in
order to have success with your web site?

Three questions…

One answer…

And that answer is

* Traffic *

You can have the best looking site on the web…

… but without traffic it doesn’t mean squat.

You can have the best content in your niche…

… but without traffic your content won’t be
seen by anyone.

And you can have your AdSense optimized perfectly…

… but without traffic, no eyeballs = no clicks

So what is the answer to getting traffic to your
web site?

It may surprise you.

Click this link to find out how you can
tap Intenet video to generate MASSIVE
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I am running a new experiment with video and
the preliminary results are starting to come in,
and they are very exciting!

Why?

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I am taking full advantage of their advice and
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Go here to get ahold of three items that will
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2. Number two is a valuable guide: “The Free
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3. Item three is access to a very insightful hour-long
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Traffic.”

Just go here, sign up and they will email the free
items to you:

http://www.runurl.com/xx.php?4wn

Then let me know if you’re suddenly as focused
on Internet video as I am.

Until next time,

To your success!
Yogesh subhanand
Owner
internet-marketing-club
(launching soon!!)
P.S. One more thing…I want to let you in on what
these three guys are up to. It’s so incredible I can
hardly keep a lid on it.

They’ve developed a service called Traffic Geyser
that uploads your videos to the top 15 to 30 video
hosting sites for you with the click of one button.

This has two MAJOR BENEFITS if you’re selling
anything online or building a subscription base:
TRAFFIC (and I mean the kind of traffic a top 30
Google ranking brings you) and it SAVES YOU
HUNDREDS OF HOURS of time.

See, without Traffic Geyser, you’d have to upload your
videos manually to each site in order to get the traffic
and search ranking benefits. It could take you eight
hours to upload one video to fifteen sites! Some Internet
marketers have full time people on staff just to upload
videos–that’s how time-intensive it is.

Here’s the BEST PART–you can get the same benefits
even if you just have audio. Just sign up for those three
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PPS: Pre Register To Get Early Notification & a Gift!!

Discover How to Explode Your Internet Earnings &
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