John Jacob Astor’s Perpetual Money Machine & The Magic of “Self-Financing” Investments
In 2008, I read this biography on John Jacob Astor. I went on to write the following article included below about what I learned from Astor in a newsletter to all of my clients. Little did I know at the time one of the ideas I learned in this book would stay with me. The…
The 7 Income Streams of Millionaires
According to the IRS, most millionaires have these seven income streams: 1. Dividend income from stocks owned. 2. Earned income from a paychecks. 3. Rents from rental real estate. 4. Royalties from selling rights to use something they’ve written or invented. 5. Capital gains from selling appreciated assets. 6. Profits from businesses they own. 7.…
A $2,500 Investment Property? … And a lesson learned on return on investment
A few weeks ago, I purchased this smaller two bedroom mobile home for $2,500: The price was low because this home is over 30 years old and needs cosmetic updating throughout. My plan was to sell this home with owner financing. I was pondering two ideas with this home: 1. Sell the home “as-is” for…
How to Sell with Newsletters
Your email inbox is a great place to study great marketing and I’ll prove it to you with this article. Below are some screen shots of the LB Electronics enewsletter I received: (Click the image to enlarge!) I cut the bottom of the last section out, but you should be able to get the general…
Controlling Media for Your Business (My Secret Market Domination Strategy)
In this article, I’m going to share a project I was working on back in 2006 for my real estate business. This was a pretty big project at the time and I had invested a lot of $$$ and time into getting it off the ground. My business worked exclusively with real estate investors. We…