Wednesday, October 22, 2008
"Win An Investment Property" Contests
We're committed to figuring out the best ways to serve our investors. After a lot of time working out the legal logistics of the matter, we've introduced the "Win an Investment Property" contests.
These are skill based contests where contestants play a word scramble game and are entered to win. In our first contest, the first prize is a fully rented 2 unit generating $900 in monthly rents. You're actually getting the opportunity to win an income producing asset for just a $100 entry fee!
Winning these types of investments provides the type of cash flow that we're all seeking to gain better control over our ability to generate income in today's economy. However, some of us don't have the cash or credit needed to build a real estate portfolio. With just 550 contestants entering this first contest, your entry gives you a very good opportunity to win a new addition to your income producing portfolio.
The seller wins in this situation because they are able to get market value for their property and sell it quickly. The contestant wins because they get an asset for just $100. This gives them 100% equity in the property which they can hold onto, refinance and pull out cash or get a home equity line of credit (HELOC), both of which can be used to make other investments or consolidate debt. Not to mention, the winning contestant can sell the property even under market value and receive tens of thousands of dollars for what cost them $100 to enter.
Think about it, $100 is a few weeks of caffe lattes at Starbucks, a month of cable or a pair of Nike sneakers. But all of those things won't make you money like spending $100 to enter the "Win an Investment Property" contest, which could leave you owning an asset.
Who wouldn't want to win an asset? Now that's something you can take to the bank! For further details on the benefits, be sure to visit our home page at http://www.distanceinvesting.com
Posted by Distance Investing at 11:06 |
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Monday, August 11, 2008
A New Beginning...
Well, it's my birthday today so I figured there's no better time to start blogging here at DistanceInvesting.com. It's definitely been a day of reflection as I've turned a year older and feel compelled to assess how far I've come along with my goals.
I'll be honest and say, I'm not even close to being on target. Sure I can blame that on the fact that I'm running a business while being the mother of a 1, 3, 5 and 7 old as well as a 19 year old step son in college. But the reality is, I'm my biggest obstacle. Oprah once asked an Oscar nominated actor who had been in the business for many years, but was only recently gaining recognition, what changed that it was all finally coming together. And he poignantly replied "I got out of my own way!"
I urge all of you to really consider whether you've been blaming others for being stagnant when you're really the one holding yourself back. This is one of the most exciting times in real estate and you could be missing the opportunities because of your fears and self doubts.
Now you may hear about the doom and gloom in the real estate industry and there's no doubt we're in a down market but that is hands down the best time for investors to buy! Undoubtedly, I'm spoiled, I live in one of the best, if not the best real estate markets in the country, Charlotte, NC and I invest heavily in Buffalo, NY which we've coined as the "Cash Flow Capital of the World."
But that's what DistanceInvesting.com is all about. I don't let the boundaries of where I can drive in a few hours limit where I will invest. With the right team in place, I'll invest anywhere in the world. You can start out with anywhere in the US and we'll work you up to anywhere in the world. But ask our international investors who, with a weak dollar, are buying in a 2 for 1 fire sale for real estate here, and they'll tell you to suck it up and invest where the deals are no matter how distant that may be from home.
I invite you to come back to visit the Blog area often. I intend to let you in on my own life as a full time investor, business owner, mentor, wife and mother. You'll learn tips about real estate investing, I'll include case studies about actual deals I'm doing, but you'll also hear about how I fit this all in while still having a personal life. To do anything else, would not allow you to map out your own investment strategy because what you want and need in your personal life is often the driver for your business decisions. We're going to take it all on together. I look forward to the journey!
Posted by Distance Investing at 18:46 |
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