Annetta Powell

Cutting Your Slice of Investment Pie

Have you ever felt like there was something great out there in the world for you? Have you ever looked at a friend or family member and said to them, "I am destined for greatness!"

The truth is, we have all felt this way at some point in our lives but the question is, what have you done to prepare yourself to achieve that greatness? Making the decision to become a Real Estate Investor was the best thing that I could have done for myself. All it took was determination and the concept of "THINK BIG!" I am sure everyone wants a slice of that good old American Pie. Well as a successful Real Estate investor; I am going to share with you how to cut your slice of Investment Pie.

First, I want to share my 3-step formula. These are the quintessential steps in "flipping" a property and building your investment business:

•· Find properties that are well below market value

•· Invest money and time to renovate the property

And lastly,

•· Sell that property at retail market value.

Second, it is a great idea to assemble your "A-Team". Listed below are three people that will be important to your success:

•· Appraiser

•· Real Estate Agent

•· Reputable Contractor

These are just a few individuals that should be a part of your Million dollar dream team that will need to help you in your investment decision making. Every one of these individuals are an important ingredient to your investment pie. They will be there to help you out and give you a ton of helpful advice. Be careful in choosing your team and make sure they are reputable and an expert in their field. Bad advice can have a financial effect on your business. Of course it will take some time to find the right people for your team but the key is to stay focused and professional. Greatness takes careful planning and patience!

Third, before you start to look at individual properties to purchase, you should first target at least four or five neighborhoods where you will focus on purchasing your properties. You don't want to select areas where there is a high crime rate and the schools are dreadful. Keep in mind that no one will purchase your property in a bad area, even if the property has been renovated and the deal is incredible. So, look around and research areas in your city. It pays off to do a little digging. Remember, this is your business and you have to treat it as if it were a growing child. You must nurture it and decide what is best so that it can grow!

If you have done all of the above mentioned things, you are now ready to go! Remember, this is just the beginning. There are many phases to becoming a successful Real Estate investor but with faith and determination, you can build a fountain of wealth for yourself and your family. I have learned that anything in this world worth having, you've got to work for it. With the concept of "THINK BIG", you will be on your way to financial security! Thank you for taking the time to read this article.

Sincerely,

Annetta Powell

Calculating the costs and making wise choices in the selection of your properties is one of the keys to ensuring your investment success. You want to avoid investing your money into properties that will be too costly in repairs. If you find these flaws, you may want to think twice because unforeseen repairs can cause the investor more time and money on the property and therefore, you may only break even on the investment. The best way to prevent this issue is to conduct a thorough inspection before you purchase the property. The following list of problems will help you in determining your purchase.

Foundation-When inspecting a property, be sure to look for cracks and crumbles in the walls and ceilings, especially in the basement area. This is a great indication that the foundation is crumbling and may need major repair.

Water and Sewage Problems- Be sure to have your plumber inspect your potential flip for water and sewer issues before you purchase the property. Mold/Mildew and foul sewage smells indicate that there may be extensive plumbing issues. Plumbing and sewage issues can be costly so avoid properties that rack up heavy bills in these areas.

Trees/Property Line issues- Be aware of any issues that concern large and/or old trees on the property and where the property begins and ends. Fences usually help to determine the separation of property but you never know. These issues can create trouble with neighbors and you'll have to get the city involved to determine what part of the property belongs to you and what is yours to fix and sell.

Health Hazards- Avoid buying properties that have asbestos and toxic pollution from chemicals. Also, excessive lead base paints are known for environmental pollution. You don't want to deal with this when selling your property to a potential family.

Residential Add-Ons- If you find a property that has a new addition, i.e. Bedroom or bathroom, be sure that a permit was pulled to build these add-ons before you decide to purchase the property, the less money you spend in bringing the property up to code, the better.

All of these issues can be costly for you. The object is to make money from your properties. You definitely don't want to spend all of your time and energy in a property that will not bring you in a good return on your investment. The search process can be very tedious but you don't want to purchase a dwelling with too many flaws. Take your time and have members of your "A-Team" do the math for you. If the property is not worth the investment, keep on searching. There are tons of distressed properties around your city that will bring you a great profit. Remember, this business takes time and patience but it will be worth your while. Hard work will persevere! Making the right decisions is a critical part of your business. Don't be afraid to ask questions about the property that you are purchasing. Also, don't be persuaded by the seller of the property that these issues are small and can be easily corrected. Go with the advice from the members of your "A-Team". This will save you a ton of money!

So you've decided to become a Real Estate investor and you are ready to make money. You are fired up about your financial future and are ready to begin Finding, Fixing and Flipping your properties. Well let me share with you some important issues when it comes to preparing your business for potential problems.

Before you dive into any business, you want to take time and learn about the tax laws within your state. There are plenty of books and websites that can teach you about tax laws and since they change so frequently, you can also ask members of your "A-Team", such as your Attorney and Accountant. They will help you to steer clear of legal and tax woes.

Decide your company's legal status- In creating your business, you will either form one of the following:

• A sole proprietorship
• A corporation
• A Limited Liability Corporation (LLC), or a partnership
• Or whether you will complete your business transactions using a joint venture

The next step is to have your lawyer draft the proper papers and file them to establish your business.

Prevent Tax Problems- When becoming a Real Estate investor, you can become so focused on making the money that you forget one key part in your entire business. THE IRS! It is wise to consult with your tax advisor and be sure to pay all taxes and pay them on time! Trying to cheat the government is not worth losing your entire business and/or going to jail.

Keeping the Books- Once your business starts to grow and you begin to make large amounts of money, it is best not to attempt to maintain your own record/books. This task can be tedious and time consuming and if you are not great with numbers and figures, you could end up making a costly mistake. This is where your Accountant comes in. Your job is to Find, Fix and Flip properties, so let your Accountant handle the figures. Also, you don't want any trouble when it's time to file taxes. Nobody likes being audited by the IRS!

Also keep in mind that the more money you earn in your Real Estate business, the more taxes you will have to pay. But don't worry, taxes are just a small price to pay for building your own empire!

Be a Responsible Employer- Once your business starts to grow and you start to hire employees, you will have new tax obligations. As an employer, the government requires you to pay withholding taxes, as well as money for unemployment and worker's compensation. You must file a W-2 form for every employee who works for you. If you are not familiar with employment taxes, it's a good idea to consult with your Accountant to learn this information. Also, NEVER pay an employee under the table. This can create problems and issues with the IRS. In order for your business to be successful, you want to follow all the rules. You have worked so hard to grow your empire and you don't want to risk losing your business!

These are just some of the things to think about when starting your business and preventing problems that can cost you. Remember, this business is your key to financial freedom so follow all the rules when it comes to the IRS!

Sincerely,

Annetta Powell

Do you want to be rich and successful? Have you always dreamed of being your own boss, setting your own hours? Do you finally want to do something that provides adventure and a sense of accomplishment? Are you willing to do what it takes to get there? How would you like to follow a model of real estate investing that has already been tried out and idiot proofed? If you answered yes to my questions and you are serious about changing your life, continue reading and I will share with you the easiest way to make your greatest dreams come true.

There is no easier or faster way to success than to have an expert's assistance. My easy to follow, step by step formula will teach you everything you need to know about how to successfully build wealth in real estate by investing in bank foreclosures. I will teach you how to avoid common mistakes, so you can minimize the time it takes to build a business while you maximize your earning potential. You may be asking, Is this a gimmick? Why would she want to help me? This is the real deal!

How would you like to come and learn from me what it takes to be a successful real estate investor, how to build a million dollar dream team and how to profit from foreclosures in this economy? I'm only offering this information to a limited number of people who are seriously ready to get on the road to financial freedom. If I am talking to you, please visit my website now at www.cashinonforeclosures.com to reserve your seat at my FREE Training Seminar June 24^th or June 25^th.

I challenge you not to procrastinate on your financial future. Take action now and pick up the phone and register yourself and a friend at (866)758-3555 .

The Queen of Real Estate,

Annetta Powell

Now is the time to invest! If you've ever dreamed of financial freedom and starting your own business, now is the time. Step Your Game Up! With so many properties on the market right now at dirt cheap prices, everyone including "Joe the Plumber" has taken advantage. The mindset to owning your own piece of real estate property is:

•· The ability to change your life

•· The willingness to secure your financial future

•· The motivation to invest and become a success at it

As you ride around your city and neighborhood, you see dozens of "For Sale" signs. You think to yourself that if you had just a small amount of cash, you could buy some of those homes, fix them up and turn them into great investments. So many people are tapping into this portion of the American dream. For example, my aunt has worked at the post office for over 25 years. She had never owned a business until last year. She bought her first real estate investment with a small amount of cash she had stashed away. She rehabbed the home and sold it, making a profit of over $37,000. Since then, she has bought 2 more homes and is now building her way to financial freedom! So Step Your Game Up!

Investing is the key to securing a future for you and your family. There are so many working people who want to be able to provide financial stability to their families. In this era of layoffs, shutdowns, mergers, mortgage crisis and so many other factors that we here about on CNN or the nightly news, it's daunting to think about how you'll send your kid to college or how you'll be able to provide your family with everything they need. You want to do something! You want to make a change! You want to be at an advantage, NOT A DISADVANTAGE! So Step Your Game Up!

There are so many working class Americans, just like my aunt, who had the will and the motivation to change their life. With so many foreclosures on the market, there is just no reason not to invest! Don't worry if you don't know much about real estate! With my seminar, you can learn what you need to know. Don't worry if you've never owned property before! Most working folks like my aunt have never invested in anything. Don't worry if you have bad credit! With all the failed mortgages and other household debt, you are not the only one! All you need is the motivation to invest and the ability to change your life! So Step Your Game Up!

My seminar will benefit everyone who has questions and wants answers about real estate. Don't let those great investments pass you by!

To register visit my website www.cashinonforeclosures.com or call 877-758-3555 to attend the FREE Training Seminar on Wednesday, June 24^th or Thursday June 25^th at 12:30 PM or 7:00 PM to uncover the truth about becoming successful in real estate investing and get on the path to your financial freedom!