If you have finished any research at all, you are perhaps familiar with the numerous rewards of starting up an online business. Gains like:• Setting your own hours
• Working for yourself (no more answering to a boss!)
• Mobility-doing the job from your family room, or your backyard, or the beach; working wherever you desire!
• Breaking the “ceiling”; unlimited income opportunity, decided by you!
• Total well being-creating time for crucial events, friends and loved onesThese are generally just a few of the ways that starting a business may help you simplify your life by minimizing the needs traditionally connected with a “conventional” work. These are rewards which, certainly, have appealed to you for some time; have spurred your own curiosity enough to have you studying articles like this one. Now the only question that remains is: How do I get started? These relatively easy techniques will have you on the way to starting an online business in no time!Know Your OptionsThe initial step to starting any kind of business is research. You have already started! You can find about a ba-jillion online business opportunities out there for the choosing-you just need to determine which of these potential uses is the best for you. A handful of concerns to ask yourself throughout this decision making process consists of:Am I internet savvy?When you are, terrific! You’ve got some critical know-how on your side. But if not, there can be quite a few business prospects that provide built in training, instruction, and proved, ready-to-go marketing techniques. They’re great places for beginning online business people to start. As your understanding of internet marketing increases, you may then think of expanding your business to incorporate more challenging pursuits.What do I love?Your chances of accomplishment in any effort are seriously increased if you devote your days associated in something your care about. When selecting a product or service to advertise in your business, be sure to decide on something that interests you-anything that you really feel can make a positive change in the lives of your possible clientele. If you are happy about it, you’ll be more zealous in the day to day functions of your online business, and, as a result, more inspired towards good results!Stay MotivatedAny business pursuit demands meticulous planning and perseverance to follow that plan through. Starting up an online business is no different. The first spot where people fall short in excellently launching their businesses online is that they either fail to plan or they may begin with a solid strategy and fail to follow through. When you start a business, you probably have no one but yourself to answer to, so self motivation is a main factor to success. Stay persistent, whatever it takes!Be ConsistentAmong the list of major benefits afforded by starting any business is the flexibility of picking out your own work schedule. This is unquestionably a wonderful “benefit,” but it’s crucial that you don’t let this freedom make you very lazy. Yes, you may work whenever you want to, but be sure that you’re keeping yourself to a regular timetable, whatever that schedule may be. Consistency in your business practices will help you to stay on track with your goals, and boost your chances of success!By being well-informed, self motivated, and reliable, you, too can start a successful online business. Enjoy!
Seller Financing is the First Choice When Buy Rental Properties
Banks consider financing investment properties a riskier loan and will charge a higher interest rate or more points than for a traditional mortgage. If money gets tight and a person has to choose between paying his own mortgage and making the monthly payment on his investment property, he/she is going to keep the roof over his own head every time.Buying real estate for investment is different from getting a mortgage for your own home. Depending on how much you put down and your personal credit rating, expect to pay from 1.5% to 2.5% more than the going rate for owner-occupied mortgages. You should also be prepared to make a much larger down payment than was required for your own home. As a rule, banks will be looking for at least 20% down. That is why the bank is the third choice for financing investment properties. Seller financing is the first choice for Rental PropertiesThe seller financing is for the 10% part of down-payment, when the deal is structured 80% bank mortgage and 10% buyer’ own money. This is a deal I would accept as seller myself.The seller financing will always be cheaper, because the seller will not charge points, PMI or loan origination fees. Seller will be thrilled to get 6% or 7% on a first mortgage. That is lower than you get from the bank.Seller will let me make interest-only payments and a balloon payment in 60 months. You can always prepay the principal with a seller financing.This is an example:When you offer a balloon note with the full payment within 60 months, you have got five years for your investment to appreciate. There is enough time to make sense for a refinance for cash out with a bank before balloon is due. You pay the balloon and make payments for just one commercial mortgage after that.The private lenders are the second choice. These are the people with cash who are losing money in the stock market or making 1% to 2% in certificates of deposit. An investment that returns 7% to 8% with a house as collateral is a better alternative.How to prepare for your loan’ applicationRegardless of who is providing the financing, you will need to put together a loan package that outlines the viability of the investment. “The investment will pay for itself” is what the lender wants to hear.The bank will provide 80% for a good credit applicant. The appraisal of the property will include information on comparable sales in the neighborhood and a rent survey of the area.Application should includes a photograph of the property, a rent survey for a quarter-mile radius, projected income and expenses, and a projected vacancy factor based on the area’ vacancy rate. All the estimates are conservative, because that is how bankers asses risks.That is especially important if you are going to the traditional lending market because the requirements have tightened for banks that sell their mortgages to secondary market Fannie Mae and Freddie Mac.The good news is: Lenders appreciate management skills.The more experience you have in managing rental property, the stronger your application for an investment loan will be. Your level of management experience also determines how much of the rental income they include as your income for the loan application.Get first hand info on this subjects from my “Invest and Manage Properties Successfully” e-book at “Investing Ideas” page.
There Are Two Kinds of People in the US – Those Who View Health As Static and Those Who Don’t
Introduction: We’re Not #1I believe Americans need a new way of thinking about health. Look where our current perspectives on the subject have gotten us – we are last among the world’s 17 most industrialized nations in all the key indicators of health. It’s hard to believe but true: we’re last in life expectancy; we have the highest rates of obesity, infant mortality, low birth weights, heart disease, diabetes, chronic lung disease, homicide rates, teen pregnancy and sexually transmitted diseases.The lead author of the Institute of Medicine, NIH sponsored study that revealed this situation remarked that “Americans get sicker, die sooner and sustain more injuries than people in all other high-income countries.” (That’s a quote from the report.) Then he added this coup de grace: “We were stunned by the propensity of findings all on the negative side – the scope of the disadvantage covers all ages, from babies to seniors, both sexes, all classes of society. If we fail to act, life spans will continue to shorten and children will face greater rates of illness than those in other nations.”Two Ways to Think of HealthI believe Americans are overly passive about their health. Good health can only be attained and maintained by conscious deeds. These deeds require planning and disciple. Examples include exercising regularly and vigorously, dining in ways that nourish the body without causing problems and otherwise behaving in positive, active ways.The level of health you will enjoy is clearly affected by your lifestyle choices. Your health status depends to a great extent on whether you invest in your well being or not. If you make little or no such investments, your health will depend on chance, genetics, the aging process and the timeliness of the quality of medical care you receive.If, on the other hand, you do invest, if you seek, protect and defend an advanced state of well being, the nature of the health status you will have will be dramatically different – and better.Therefore, we need to distinguish these two kinds of health situations – one passive, one active.The Institute of Health report that places America last reflects that segment of America that is passive. If the quite small segment of the American population that practices active health were separated, if their health data were compiled and compared, I’m sure we would be #1.For these and related reasons, I propose we view health in two different ways – by making a distinction between static health – which is how most view and approach their health, and earned health. The latter is what you get when you invest wisely in your own well being.It’s a way of life I call REAL wellness.Health As Currently PerceivedThe WHO definition of health is unrealistic (nobody, not even the most devout wellite, enjoys “complete physical, mental and social well-being,” at least not every day). Most think of health in far less exalted ways. Most think they are well if they are not sick. This is pathetic. It equates with not needing immediate medical attention. For the vast majority, this is a “good enough” view of health. Thinking that way is a self-fulfilling prophesy. It means that not healthy is the best you can hope for. This is the static definition of health and it must be reformed and at least accompanied by another, comparison perspective for those Americans willing to do their part. That would be earned health.I think we need ideas about health that remind people of a key fact, namely, that a passive situation is not as effective, desirable, protective or rewarding as a dynamic earned state of health. We should all be aware that static health, the default setting you get for just existing and doing nothing special to enhance health, can and must be reinforced and boosted.Employing a term like earned health might remind people that health can be much more than non-illness. The term earned health can signal the availability of a richer level of well being. It can remind everyone that health at its best is more than a static condition. Health is a dynamic state; it gets better with effort, worse if ignored.Earned health represents a higher health standard. Earned health is more ambitious and more consistent with a REAL wellness mindset and lifestyle than the current norm of health as non-sickness.The Static/Earned Health ContinuumThis continuum is another way of expressing Dr. John Travis’ original, simple line drawing model of health along a continuum, with “premature death” on the far left side of his continuum) and an ever-changing dynamic of “high level wellness” at the other, right side extreme. The “0″ in the middle represents a neutral point, which could be simple non-sickness.The Static/Earned Health Continuum-10 ______________ 0 ______________ +10Earned health is what happens from the neutral point to the +10 indicator. Everyone moves along an imaginary continuum of this kind every day, because health is dynamic, under constant change. By living wisely with the right behaviors, we fuel a state of health that is better than if we allow health status to be determined by the passage of time (i.e., the aging process, chance, medical interventions, circumstances and events.This continuum is a simple way of depicting the basic fact that earned health evolves largely due to our own efforts to improve and protect our well being; static health, on the other side is affected by what happens to you.By the way, Dr. Travis made regular expansions to his original model. You can view the latest edition and read more the continuum here. A related construct that will interest wellness enthusiasts is Dr. Travis Wellness Energy System.Earned health is not determined or advanced by medical interventions. Static health, that is, health along the continuum from the center to the left of the of the continuum, is so influenced.The Path to REAL WellnessTo become healthier in an earned sense, it’s up to us to act so as to move along the right side of the continuum.The failure to appreciate the different nature of health, earned from static, partly accounts for why America can have so much medical care and yet not enjoy the best quality of health status. After all, modern medicine is a wonderful thing but there are two problems: people expect too much of it and too little of themselves.Understanding the difference between static and earned health might encourage people to be less passive – to realize the need for and value of REAL wellness lifestyles.A Fable Here is a fable to express the limits of medicine to boost health status versus the power of our own behaviors.Imagine a country where everyone owns high powered luxury cars – they cost next to nothing and are easily replaced. In this mythical country, everyone gets unlimited free medical care of the highest quality, plus all the medications they need plus there are highly skilled trauma teams set up at every intersection. The thing is, the people in this mythical country can do whatever they like – there are no laws governing auto safety. Everyone drives way over the speed limits, nobody wears seat belts, there are no air bags and no stop signs, traffic signals or rules of the road. One more thing – brakes haven’t been invented yet.Interpretation of the FableThe greatest advances in the mythical society would not follow from introducing more doctors, hospitals, drugs or trauma teams. Changes in customs and driver behaviors would, on the other hand, go a long way to promote a healthier society.Changes in lifestyles are also the key to better health outcomes in the real world, our country in particular. We have a great health care system – now we need sensible people making wise lifestyle choices that make life not just healthier but more rewarding, more fulfilling and more attractive. We need to help people understand that health is not only a static phenomenon: Earned health offers so much more.The philosopher Epicurus (c. 341-270 BCE) offered this bit of wisdom long ago: “It is impossible to live pleasurably without living prudently, honorably, and justly; or to live prudently, honorably, and justly, without living pleasurably.”We all want to live pleasurably. Let’s recognize and act on the other qualities that enable us to earn active positive health. Let’s embrace REAL wellness lifestyles.