Just got this email from SecretsOfRealEstateMillions.com member, David, in Michigan. David's a dentist and just reported..."Jerry My brother and I just closed on a house in Bay City Mi. we profitted about 15K on a 30 K house. What a learning experience...We sold it with a bout 20k in equity for the owner (young family which we wanted to help them, figure win win for all, we profit and so do they) Now looking for the next deal, just taking it slow here in Michigan. Sign me up for clearpath soc... Read Full Story
Just read this interesting article about Commercial Real Estate. If you want the most up to date articles, check out news.google.com and type in "Commercial Real Estate Foreclosure Rates"What does this mean to you? Great bargains! You'll actually be able to buy stuff based on cash-flow model!!http://www.bizjournals.com/denver/stories/2009/06/22/daily43.htmlReal Estate Education & FREE Information for Busy Dentists - For more information visit http://www.SecretsofRealEstateMillions.comJerry A.... Read Full Story
A really great video from the "master" you gotta see!Real Estate Education & FREE Information for Busy Dentists - For more information visit http://www.SecretsofRealEstateMillions.comJerry A. Jones | Jerry Jones Direct | FAX: (503) 218-0557 Read Full Story
If you're wondering where I've been lately:You can check out my other blog over on Wordpress.comIt is: http://www.jerryalanjones.wordpress.comAlso, be sure to visit my newly re-vamped and simple site: http://www.jerryjonesdirect.comYou can follow me on Twitter, too. I post some hilarious stuff!http://www.twitter.com/jerryajonesAnd finally, if you're on facebook, add me as a friend!http://www.facebook.com/profile.php?id=843408129Adios, JerryP.S. I have an announcement I'll like... Read Full Story
I thought you'd appreciate Sir Richard's outlook. I think he's right on target.Once again, it's up to us "little guys."Let's get it done...JerryBranson on Business: It's up to all of us entrepreneurshttp://www.openforum.com/finance/video_bransonclip_financialcrisis.htmlJerry A. Jones | Jerry Jones Direct | FAX: (503) 218-0557 Read Full Story
Hey,Check out this story:http://www.contrarianprofits.com/articles/commercial-real-estate-the-next-show-to-drop/9049If you're buying properties, they better be cash flowing.If that message hasn't sunk in by now, then you're doomed to get into trouble.With the rush of people from residential to commercial (developers, builders, investors), there's bound to be a mess made soon enough.The patient will win at the slaughter! Jerry A. Jones | Jerry Jones Direct | FAX: (503) 218-0557 Read Full Story
Believe it or not, there are a lot of sellers out there that reality has yet to hit.House prices are still high in many areas; but time and an increased need or perceived need will soften the beach head.In the meantime though, it can make buying or making offers frustrating.There are two ways you can handle sellers like this:1) wait for time and circumstances to change their mind or their lives; or,2) go on to the next seller.If you choose #2, be sure to go back on occasion and check in on... Read Full Story
Check out page 86 and 87 in this month's issue of Success magazine. It's the one with Donny Deutsch on the cover (The Next Big Idea guy).Great and short article on Real Estate Investing right now - plus, there's a tie in with the last post I made on depreciation.Is there really a better investment than real estate?Yes. There is. But, the answer may surprise you.I'll reveal it in my next post. One you WON'T want to miss.Adios, JerryReal Estate Education & FREE Informati... Read Full Story
The last couple of posts I've written, I've talked about depreciation some.You know what BAD depreciation is (see last two posts). So what is GOOD depreciation?Answer: The kind that is associated with Real Estate Investments!OK, so smarty, here's the real definition for Depreciation associated with real estate investments...Checking my handy-dandy Barron's Real Estate Guide, here's what if says:"Realty that is subject to deductions for depreciation. Depreciation here,... Read Full Story
So what is the definition of a Depreciating Asset?In my last blog post I mentioned them.To define, let's first define 'Depreciation.'1) Depreciation in accounting terms means, "allocating the cost of an asset over its estimated useful life."2) Depreciation in tax terms means, "an annual tax deduction for wear and tear and loss of utility of property."3) Depreciation in automobile terms means, "a decrease or loss in value due to age, wear and tear or market... Read Full Story