Debt a Glossary of Terms
Bankruptcy - Having been legally declared financially insolvent. There are two types of bankruptcy - liquidation, in which your debts are cleared (discharged) and reorganization, in which you provide the court with a plan for how you intend to repay your debts.Collateral - Property acceptable as ... more...

Finance Your Real Estate Investment Properties
Unlike traditional residential real estate mortgages, real estate investment financing is way more creative and offers more options than you think. The golden rule in real estate investment is OPM (Other Peoples Money).I have enough money; shouldnt I buy my real estate investment for cash? No, I ... more...

When did the Job Hunter Become the Bad Guy?
Without a doubt, this is a highly competitive world we liveand workin. The job boards are full of very technical jobs requiring specific skill sets from would-be candidates. Nobody understands this better than the HR manager or the recruiter tasked to fill a position.Its not uncommon today to find, ... more...

Disaster Assistance Through the IRS
Every year millions of people have property damage from unexpected events. There seems to be a rise in natural disasters occurring all around us, from the western earthquakes to the southern hurricanes. Although we rarely think of the IRS and our taxes when disasters happen, it can actually be a ... more...

Planning to Buy Your Dream
Lots of people are dreaming about that little cottage with the white picket fence or that modern apartment with a killer view or that fixer-upper in the country orThe dreams are endless, but the idea is all the same owning your own home is a major milestone in life. Many people fell like they cant ... more...

Who's That Knocking At My Door? Investing To Rent!
Investing to rent can create the financial and real estate success you have been searching for, but it takes hard work, thoughtful preparation and practical knowledge. As a landlord you must be creative, fearless and intuitive. In the Tidewater area approximately one out of every five homebuyers ... more...

Your Biggest Problem in Business? Work Ethic
US Work Ethic Issues and Lack of serviceWell many of us are getting upset with the lack of service these days and no one cares and somehow we have all lowered our standards to the fact that getting good service is not to be expected, but rather a nice surprise if it ever does occur. Many great ... more...

Shorting Stocks The Basics, Part I of II
What does it mean to short a stock?This means that you borrow the stock from your broker to sell to a third party. The idea is to buy back the stock at a lower price, returning the shares to your broker while leaving the remaining cash in your account as a profit. Put another way, a short seller ... more...

Should You Buy Old or New?
You are looking to buy a home. You dont know whether a new home or an older home is good for you. Which is best for you?Whether a brand new home or one that has been broken in is best for you depends on your preferences. A homebuilder will tell you that you need a new home. Real estate agents will ... more...

The Real Estate Cycle
The real estate cycle, like the business cycle, refers to the activity of the real estate market as it reacts to the forces of supply and demand.Supply and demand.When demand for a product, such as housing, exceeds the supply, the price for the product tends to increase. In real estate this ... more...