Ever noticed that in life it is often tempting to take something for granted (e.g. a clean credit report) only to realize its true value once it’s gone? Fewer people appreciate a clean credit report more than those who do not have a one. Even though the ideal is for everyone to be able to operate on a cash and savings basis exclusively, the fact is for most people having access to credit is an important way of building wealth and growing their assets. A mortgage is a case in point. The good news is that having a good credit record is not impossible and in fact only requires the dedication and discipline to adhere to the following simple steps: 1. Address Credit Card debt first – Even though you may have a mortgage and a car loan as well, the credit card carries significantly…

When I first got started in real estate investing, I was the poster child for mistakes! The one thing I did PROPERLY was that I took action. And success favors the people that take action. The key is to keep moving and not dwell on each individual real estate investing mistake that you make, especially early on! Just keep on going… and take a few minutes to figure out what the lesson was, add it to your knowledge and experience bank, and move on to the next! In this series, I’ve highlighted 17 mistakes that I made early on and share with you what you can do to avoid making the same real estate investing mistakes I made… The first mistake new real estate investors make is always thinking the grass is greener on the other side! That “another” market will have better deals, more…

Small business owners have probably heard an almost endless number of reports about commercial lending difficulties. Ultimately what commercial borrowers might need most is a more concise explanation about these problems and the resulting impact on their business financing options. This report was produced in a direct effort to provide more understandable insights about some of the most critical business finance issues effecting business owners. Our approach in this particular report is to describe current commercial finance circumstances in six words. We have adopted a similar model in other commercial loan reports such as “seven words describing commercial real estate loans”. Before proceeding, it is important to emphasize that small business finance options are often more complicated than anticipated by many business borrowers. It would be incorrect to assume that we are attempting to characterize business loans and working capital financing as simple and…