I have had the same UPS driver come to my office for the last six years! His name is Darwin, but for about the last six months I have not seen Darwin. I thought he may have hurt his back or had been assigned to a new route, in any case I have missed seeing his smiling face each day around 4:00 P.M..
Last week, Darwin walked into my office and asked to see me. I was delighted to see him again. He began to inform me of how after 25 years of service with UPS he had been laid off!
His SECURITY was GONE!
How disheartening, but yet so typical of Corporate America and of the effects of our beat-down economy. Darwin asked if he could use me as a reference. This told me that Darwin did not have a Plan B in place in case something like this ever happened. You are probably saying to yourself; "Why would he after 25 years of service? Who would have thought he even needed one?"
In a perfect world I would wholeheartedly agree, unfortunately we do not live in such a place or time.
Personally I believe we always need to expect the best but plan for the unexpected.
If you want to make sure that something like what happened to Darwin does not happen to you and your family, get started on your Plan B right now.
Join me on February 11, 2010 at 8:00 PM - EST7:00 PM - CST6:00 PM - MST5:00 PM – PST to check out a multiple stream of income (Plan B) that has worked out very well for me and my family over the last 7 years. This opportunity has provided for us when our other income sources had dried up.
Register today at https://www2.gotomeeting.com/register/553774042
See you on the webinar
Wendy
Tags: little or no money down investing, passive income, Pre-Paid Legal, Wendy Patton
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Soft markets are GOOD rental markets to invest in. In fact, I invest in soft markets all the time. With the current state of the economy many areas in the U.S. are considered soft real estate markets. By this I mean that there are more sellers than buyers. Soft rental markets are often referred to as a buyer's market, because the purchasers hold much of the power in negotiations. As an investor, I tend to target down markets that have strong rental rates. This allows our investors to acquire property at historical lows and hold for long term gain, while realizing monthly positive cash flow. Buying real estate in a down market is one of the best methods to build your portfolio and your wealth.
Here is what Donald Trump has to say about investing in down markets: “You can make more money in down markets than you can in up markets.” Investor Warren Buffet says: “Be fearful when others are greedy and greedy when others are fearful.
Here are the TOP 3 reasons you should invest in Hands Off Cash Flow opportunities:
- ALL the work is done for you! All you do is sit back and collect the checks! This means you have nothing to do but collect IMMEDIATE monthly Cash Flow.
- Cash Flow – The numbers are analyzed for you. One of the things I teach my students is that purchases should be based on the numbers, not emotion. Your price is based on current monthly rent. Look for properties that create monthly positive cash flow for you from day one.
- Upside Potential- When the market turns around, you will have even more equity in the home. Equity is what builds wealth and adds to your bottom line net worth.
Click Here to learn more about investing in hands off cash flow properties.
Tags: cash flow, little or no money down investing, passive income, Wendy Patton
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