Viewing 1-10 out of 43 blog(s)
The Art of Networking
Date: 09/01/2008 / Category: Marketing
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Current Grade A
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Recently, I was asked about my networking practices. Specifically, I was asked how I had developed such a large list of contacts. This is a question that I get asked often and my current supervisor at work has even assigned me to lead a training course on the topic. These things are good because they force me to put my daily activities into words and ideas... to think about my philosophy on networking, making friends, contacts, business partners, etc. In the end, I came to the following conclusions. Networking is, at its core, marketing yourself to the world. And, to... continue reading >>New Information from Brilliant Minds
Date: 11/02/2007 / Category: Business Strategies
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Current Grade A+
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Yesterday morning I had the privilege of attending the Chicagoland Chamber of Commerce's annual Business Leader's Breakfast and Economic Forecast. This year, Len Walter (Business/Financial Editor of WBBM NewsRadio 780, broadcasting daily from the trading floors of the Chicago Stock Exchange and the Chicago Board of Trade) moderated a panel of economic experts that included Diane Swonk, Chief Economist of Mesirow Financial. It's odd how I can sit and get pounded by one tidal wave of information after another and leave the room so drenched in information that I can hardly spit out a single now fact or piece... continue reading >>1003s, W2s, Independent Contractors, etc.
Date: 09/10/2007 / Category: Finance and Credit
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Current Grade A+
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This is the second half of the conversation that I posted last week. Again, I think many of you will get something out of it and some of you will really be able to put it to use. The question: "Awesome that really helps a lot!! I have a friend that told me that if i sighn a 1003 And i was independently contracted and workiing as an emloyee for the mortgage company i could recieve a commission do you know if thats true? ...He's not in the mortgage business so i dont know if what he is saying is... continue reading >>Partnership Kickbacks (Agent/Broker)??
Date: 09/04/2007 / Category: Finance and Credit
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Current Grade A
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I've recently had an excellent conversation with one of our fellow REIers that I wanted to post part of as a blog. I'm going to post it in two parts, so keep an eye out for the next piece of the puzzle. This fellow REIer had the following question about partnerships between lenders and agents. REI Member John Doe: "I'm planing to get my real estate license and i was just wondering...If i refer someone to a certain mortgage company would i be able to collect a referal fee from the mortgage company???" My Response: "According to RESPA (Real Estate... continue reading >>Rate Hikes and the U.S Dollar: A Close Correlation
Date: 06/21/2007 / Category: none
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Current Grade A
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If you've ever looked over my profile page thouroughly, you've noticed that I do a small bit of day trading. That trading is in the currency markets called FOREX (Foreign Exchange). I usually have two laptops in front of me all day long. One is of my forex market positions and the other is where I do my mortgage work. There has been a lot of action this week on both fronts. The fun thing is, they seem to be related. That's not much a surprise, but it's been fun to see exactly how closely they do shadow one another.... continue reading >>U.S. Economy and Mortgage Rates
Date: 06/12/2007 / Category: none
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Current Grade A
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I'm not gonna go on and on here and I'm not going to take out a magnifying glass and wax eloquent on the intricacies of mortgage backed securities. I just want to give you all a little corner of the information that mortgage people like myself use to help forecast the future of our markets. I'm going to work through this deductively and from a very general perspective. So please resist the urge to nit pick me to death if you know of exceptions to what I'm saying.
1) More people buy and refinance... continue reading >>
The First Step for New Investors
Date: 05/22/2007 / Category: none
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Current Grade A
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REAL ESTATE INVESTING! It sounds pretty lucrative. It's definitely the trendy thing to be doing right now. So how do you get started. Well, there are a ton of different answers to that question that generally depend on 2 variables. The first variable is who you're asking. If you as Collin how to get started investing in real estate he's likely to give you a different answer than, say, Matt, Donovan, Crystal or me. Heck, you may even get 5 different answers. None of them would be wrong, necessarily, but the fact is that human beings speak out of their... continue reading >>10 Lethal Investing Mistakes
Date: 05/16/2007 / Category: none
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Current Grade A
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So I've already posted this once, but the title won't seem to show up when I'm browsing the most recently posted blogs. So I'm trying it again, just to see if I can fix the problem. ................................................... While frequenting another site that I'm familiar with, I came across this blog. It's incredibly useful for people like us. I want to begin by giving full credit to the original author, who, I believe, took the information from Bankrate.com. The information posted on his page is... Olivier Elgue Prudential Zack S.P commercial Ocean, NJ Here's the deal: Bankrate spoke with established, full-time... continue reading >>10 Lethal Mistakes
Date: 05/13/2007 / Category: Need Advice
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Current Grade A
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While frequenting another site that I'm familiar with, I came across this blog. It's incredibly useful for people like us. I want to begin by giving full credit to the original author, who, I believe, took the information from Bankrate.com. The information posted on his page is... Olivier Elgue Prudential Zack S.P commercial Ocean, NJ Here's the deal: Bankrate spoke with established, full-time real estate investors and with professionals, such as bankers, to identify the types of traps into which real estate investors most often fall. 1. Planning as you go. Andy Heller, an Atlanta-based investor and co-author of "Buy... continue reading >>
According t0 the NY Times...
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We've all seen the incredible change in our nation's economic climate over the last 2 years. I'd like to know how you all are dealing with it. This is a community of people who are actively engaged and dependent upon the single most effected sector of our economy. Tell me what you've done to cut your losses, or how you've found a way to increase your wealth during this time. Are you one of the poor souls that the NY Times says is suffering during this "Day of Reckoning"? (quote from the article below) Read, Comment, Grade. I can't wait... continue reading >>