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Groco Weekly
Weekly Wealth Building Tips Issue #113
September 3rd, 2007

 

in this issue...
  • Global Entrepreneurs "Insourcing" Jobs
  • How to Find Profitable Investment Properties
  • Profit From Foreclosures by Preventing Them
  • Top 10 Critical Mistakes Homebuyers Make and How to Avoid Them

  •  
    How to Find Profitable Investment Properties

    Have you reached a point in your life where you know you have to do something to increase your retirement income or you want to find a way to increase your spending cash? This article will provide the necessary background to help you find profitable investment properties.


     
    Profit From Foreclosures by Preventing Them

    What makes foreclosures so appealing to many real estate investors is that it's not one-size-fits-all strategy. You have three basic choices when it comes to foreclosure investing: preforeclosure, at the auction, and after the auction. Let's take a look at what's involved in preforeclosure investing.


     
    Top 10 Critical Mistakes Homebuyers Make and How to Avoid Them

    Lenders who don't live in the area you are buying in will not have the contacts needed to process your loan in an efficient and timely manner. Are you aware that if your lender fails to get you your loan on time, that your earnest money deposit may be at risk of being forfeited?


     

    IRS Circular 230 disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax advice contained in this document is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter that is contained in this document.


     
    Global Entrepreneurs "Insourcing" Jobs
    By Alan L. Olsen, CPA

    What goes around comes around, especially with outsourcing. It looks as if a new wave of entrepreneurs from China, Russia and Europe are creating new jobs in Northern California - including the East Bay. Even India, which ironically has run into some job management problems, is encouraging their entrepreneurs to look here.

    It seems everyone from just about everywhere wants to tap into the Bay Area's vast intellectual capital base and technological expertise. And while many governments around the developed world have policies that discourage offshore investors, the United States - the largest economy in the world - remains relatively open, if not a total bargain, to foreign startups.

    Read On...
     


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