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Summary: Multiple Streams Of Income Robert G. Allen

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    Mark Onghas quoted3 years ago
    For example, a chiropractor won’t generate many more appointments by having a Web site. But he could make money by selling an online book targeting aging baby boomers with sore backs. Or he might be able to develop and market a “Business Success Kit for Chiropractors” to teach others how to build their practices
    Mark Onghas quoted3 years ago
    Once they identify a target market, they work on creating, packaging and marketing an immediate solution to the problem shared by the overall market.
    Mark Onghas quoted3 years ago
    By selling information profitably, you can turn your passion or expertise into lifetime cash flow streams.
    Mark Onghas quoted3 years ago
    you get one person aligned with you, then help that person recruit one or two people from the 21 people they know. And so on. Think small. Build your network slowly. Don’t try and generate thousands of dollars a month right away, just try and earn a few hundred extra dollars each month while you learn the system
    Mark Onghas quoted3 years ago
    How many customers do I need to enroll to be able to earn $500 a month in extra income?” The lower the number, the better
    Mark Onghas quoted3 years ago
    Instead of trying to sell products to everyone you know, make a list of 21 people you think may want to earn some extra money. Send each of them an information kit and then follow through. Your goal should be to get one of those people to agree to join your network.
    Mark Onghas quoted3 years ago
    addition to being fun, tax lien certificates and tax deeds genuinely and legitimately make
    Mark Onghas quoted3 years ago
    In short, tax lien certificates or tax deeds offer an outstanding opportunity to establish another income stream because
    Mark Onghas quoted3 years ago
    These certificates are sold at public auctions, so you don’t have to become a licensed dealer to purchase them.
    Mark Onghas quoted3 years ago
    the government collects the past-due taxes, it sends you a guaranteed government check for your investment plus the interest.
    Mark Onghas quoted3 years ago
    effect, tax lien certificates are comparable to municipal bonds and Treasury bills
    Mark Onghas quoted3 years ago
    people who are willing to take over your position and complete the purchase. There are a vast number of ways these transactions can be structured so they end up being win-win situations for everyone involved.
    Mark Onghas quoted3 years ago
    In essence, you can earn a nice finder’s fee for yourself by using purchase offers. All you need to do is ramp up your marketing program and get out and find
    Mark Onghas quoted3 years ago
    At that point, mortgage holders become very keen to move the item off their books. The only problem is that if you wait that long on most properties, someone else will snap them up.
    Mark Onghas quoted3 years ago
    generally speaking, the greatest flexibility occurs if you wait until after the foreclosure sale has taken place.
    Mark Onghas quoted3 years ago
    Ideally, what you want to be attempting to do is to buy one property per year for generating cash-flow properties as a landlord and your long-term net worth, and one property a year that can be resold for equity profits within the following 12- to 18-months.
    Mark Onghas quoted3 years ago
    Before the default notice has been filed at the courthouse.
    Once the foreclosure notice becomes public knowledge.
    At the formal foreclosure sale.
    After a foreclosure sale.
    Mark Onghas quoted3 years ago
    Staying on as landlord and renting the property out.
    Reselling the property at a profit.
    Mark Onghas quoted3 years ago
    Offering a rent with an option to buy arrangement
    Mark Onghas quoted3 years ago
    Staying on as landlord and renting the property out.
    Reselling the
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