Dear Website Owner,If you have an existing website or domain name you no longer need and wish to sell it to an interested buyer for a one-time profit, or if you?re a speculator looking to build a steady source of revenue by buying and reselling valuable domain names, this helpful guide will explain the steps you need to take to ensure a quick,easy,profitable sale. Step 1 ? Establish a Reasonable Price for Your SiteHow Much Can I Get?Before you...more
Books on real estate are a dime a dozenand most focus on taking advantage of someone else's misfortune. They frequently describe lofty methods for buying and selling properties no ordinary citizen can be successful using. Real estate professional Dan Auito has had enough of books that waste people's time, money, and effort, and sap their will to believe in their abilities. So he has written "Magic Bullets in Real Estate: Your Guide to...more
I read a press release the other day which points to the fact we need to be very careful with our finances. The subject of the release was home mortgages. A company was announcing the availability of 40 year mortgages for its customers. The stated purpose was to lower the monthly payments to make buying a home more affordable. Whenever I hear the phrase "more affordable", I put my hand on my wallet because the attempt to empty it will begin any moment. Almost never is that phrase used in relation to the total cost of financing. It is always used in reference to the size of the monthly payment, as in this example. Let's see what it really means. I did the math. A mortgage for a $100,000 home at 6% for 30 years would have a monthly payment of about $600 for principal and interest. You would pay about $216,000 over the life of the loan of which $116,000 would be interest.. A mortgage on that same home for 40 years would be at 6.25%, with a monthly payment of $565. The payments over the life of the loan would total about $271,200 and $171,200 of the total would be interest. The forty year mortgage has a higher interest rate (usually between.25 and .50 percent) because the...more
Reducing debt usually isn't a high priority for people until they have already gotten into trouble with overspending. Using a few basic guidelines, and debt calculations, can help you see when your debt load is getting into the danger zone. Budgeting Guidelines Creditors use budgeting guidelines when reviewing and approving credit. If your debt...more
Geshe Michael Roach is a Princeton graduate and a Buddhist monk. After graduation, he spent seven years studying the wisdom of Tibetan Buddhism. At the suggestion of his teacher, he joined a fledgling diamond business in New York to test his ideals in real life. He stayed with the business as a member of the core management team for seventeen...more
Generosity, which includes the free, no strings-attached sharing of resources, money, and information among people, is the seed of prosperity. What was the initial seed planted that caused the "Silicon Valley Miracle" No, it was not the invention of the oscilloscope by David Hewlett and William Packard, but, rather, an act of no-strings attached generosity, the founding of Stanford University by Leland Stanford. (See the "Founding of Leland Jr. University" below.) With help and funding from Stanford University and their advisor Fred Terman, , David Packard and William Hewlett were, able to invent the first oscillator, and Hewlett-Packard was the first electronics company, the seed around the others grew. The Founding of Leland Jr. Stanford UniversityThe Stanfords had only one son, Leland Jr., whom they loved dearly. He was fond of playing at their sprawling Palo Alto ranch, especially on his miniature railroad with 400 feet of track. In 1884, while the family was vacationing in Europe, young Leland, just two weeks shy of his 16th birthday contracted typhoid fever and died. The family was devastated. That tearful morning Leland Sr. turned to his wife Jane and said, "The Children of...more
Silicon Valley: a parableWe have all heard about the "Silicon Valley" miracle. Not long ago, Silicon Valley found itself at the centre of the world, a job- and money-making machine fueled by the popularity of the Internet and technological...more
The old and standard business administration concepts included in any current MBA program are very important, but today the companies are very different.This new situation strong demands a new MBA program including the General Control Theory, the...more
Many professional organizers don't leave either home or office without one tool. What is it? Drum roll please The answer is a labelmaker. "Most organizers favorite tool is the electronic labelmaker," confirms Diane Hatcher, president of Timesavers...more
Halloween costumes are a scary thing for many this time of year. It is also frightening to know your business or commercial property has potential for being victimized. Here are 10 prevention measures to keep property safe from those things that go...more
What's more crucial to the success of a business, non-profit or association than its most important outside audiences and stakeholders? Nothing. Those stakeholder behaviors directly impact virtually every management and operating activity of the...more
As you continue to read about real estate investing, you will no doubt come across the term 'power team'. What is this 'power team'? A power team is a group of people without whom successful real estate investing becomes very difficult, if not...more