As a veteran network marketer and business owner who has walked the trail of tears, I am weary of the lies and deceit that pervades the industry. Too many people join a MLM home based business based on the promise of wealth and fortune alone. They enroll with the simple idea that all they have to do is "sign up three who will get three who get three". The concept sounds so simple that they jump right in, and after a short period of time, quit...more
Your take home pay could go up next week. What? You mean a raise? Yeah ... sort of ... give yourself a raise. Get serious! Okay, okay ...This info came from Tax Expert Ron Mueller at a conference I attended in Tampa in June 2008. I was quite interested in the concept of immed-iately increasing your TAKE HOME PAY from your job starting next week. You can use the extra money to build your home business. This is exactly how it works.You are allowed...more
If you owe more on your mortgage than the home's current market value, then you are in an "upside down" or negative equity position with your mortgage. How does this happen when mortgage companies generally require a 10% to 20% down payment, giving you an automatic equity in the home?Within the last 20 years or so mortgage, companies have been offering near 100% financing for the purchase of a home. Government-backed FHA guaranteed loans often allow mortgage companies to make these types of loans. The underside to this program is that owners have zero equity in their home when they begin paying on a mortgage. If any shift in real estate values occurs, like it has over the last three or four years, an owner could end up with an "upside down" mortgage, where their home value is lower than their outstanding mortgage balance.Another reason homeowners find themselves in this situation is when they take out a second mortgage. Say you have a first mortgage of 80% of your home's value. That leaves you with 20% equity that you could use in cash by acquiring a second mortgage, and thus, leveraging as much as 100% of your home in loans.Have Your Lender Agree To A Short SaleIf you...more
Many Americans are in a dire financial situation - companies are laying off thousands of employees, jobless rates continue to climb, and those out of a job are faced with finding the means to support their families. Most pressingly, homeowners must continue to pay on their mortgage and avoid losing their home in foreclosure.If you are currently...more
Why start a home based Popcorn business? It's one of the few businesses that can be started with a small investment and can bring big returns.Starting a your own home based popcorn business has many advantages.You can work from home.You can work part time or full time.You can keep your full time job.You choose how you want to sell your popcorn...more
Oddly, the ultimate goal of self-employment might be to work yourself out of a job.Many people start businesses simply to create jobs for themselves. Self-employment offers many benefits, not the least of which is the opportunity to develop basic business trade skills, while getting paid for work you love to do. Self-employment is everything some owners want, while others use it as a stepping stone to build sustainable, stand-alone businesses.What's the difference between self-employment and being in business? Here are some signs that you are self-employed.1. You are the business. When customers think of your business they think of you, and they usually count on you to be one delivering the goods.2. You might be tied to a roller coaster, feast and famine schedule. You work long hours while contracts last and you're unemployed when they end. You are at the beck and call of your customers and dare not turn down any jobs because you never know when they might stop coming in.3. Your paycheque is tied to the amount of hours you personally spend serving customers. When you stop, the revenue stops; when you get tired the business stops.4. You spend all or most of your time...more
Whether homeowners work on stopping foreclosure on their own, with a trusted attorney, or by hiring a specialized loss mitigation or foreclosure assistance company, there are a few issues that every borrower should be aware of to prevent against...more
This year, many first time homebuyers will enter the real estate market to buy a home. One of the main reasons for this is the phenomenal $8,000 tax credit available to first time homebuyers. If a homebuyer completes the purchase of a property...more
In 2008 and 2009 it has become a time of change. People that have lost jobs in manufacturing industries and services sectors have found it hard to find replacement jobs. Many people have found themselves looking for business opportunities online and...more
One of the most frequently asked questions I hear is, "How do I know if a home business is right for me? I really want to work from home. I'm just not sure what to do." So many times, we want instant answers. If only the Magic8 ball from our...more
For most of us, Florida home insurance is a boring topic. Despite all the turmoil in Florida's dysfunctional homeowners insurance market, most of us don't want to talk about it. We want to pay for it and forget about it until next year.So...more
Author: Lyn SullivanMost if us are incredibly comfortable in our own homes. It is where all of our comforts are kept. Part of the daily grind of a job is having to leave the home. The task is much more difficult if you have children to consider. Many...more