tailieunhanh - trump strategies for real estate billionaire lessons for the small investor phần 7

Nói cho họ biết họ có một mức giá không thể tin được và bạn không biết làm thế nào họ đã làm nó. Mọi người đều thích được tâng bốc. Làm điều đó, ngay cả khi bạn cảm thấy rằng bạn có thể bị nghẹt thở vào các từ. • Mọi người có một nỗi sợ hãi bẩm sinh vượt trội ở những người khác. | Raising Money banks will be willing to loan you money. However most new investors try to borrow money only when they need it. That s a mistake. It s when you don t need money that banks are most inclined to give you a loan When your financial position is strong their risk is lower and you are an attractive borrower. When you really need a loan the lender will ask you why you need it and then reach their own assessment of the reason you give. Don t let banks do this. Don t let banks make business decisions for you their business is lending money not making real estate deals. They are conservative by nature. Real estate investors are risk takers by choice. Here s a simple method of establishing credit that I have used to great advantage. Go to a bank and ask to borrow 10 000. When they ask you the reason for the loan tell them you want to be able to make an investment when an opportunity presents itself. When the bank asks for your financial statement which you should have prepared before your meeting and have with you give it to them. To the extent you have some asset that can be reduced to cash such as stocks bonds or surrender value of insurance policies offer it as security for the loan even though the value far exceeds the amount of the loan you asked for. Remember you re borrowing simply for the purpose of establishing credit. One essential ingredient is that you always have the right to prepay the loan at any time without penalty. Essentially what you want to do is borrow 10 000 pay it back then borrow 25 000 pay it back then borrow 50 000 pay it back and so on. You want to establish a perfect payment record. If you put the borrowed money in another account that earns interest all you really lose is the difference in the interest rate you pay the bank and the rate you earn on the investment of the loan proceeds. Along the way ask the bank to return or reduce your security based on your excellent credit record. If they balk tell them you re contemplating taking