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What Can You Do to get RICH With Notes?
In today's market where "flipping is the in thing",
owner financing is neglected as a powerful method
of getting rich. Usually a note is thought about
when you sell your property, take back a note;
then sell your note at closing, and this is done
only as a last resort to close the deal. Although
this is a very basic deal closing technique, it
is only the tip of the iceberg in making mucho
money using the power of notes. More>>
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Time
Value of Money Can Make You Rich
(Continued Part II)
Let's
review a little from the last issue. Remember
that the time value of money (TVM) is nothing
more than the longer you have to wait in the
future for your money, the less it is worth today.
Another way of saying this is money today has
more value than money received in the future.
This is something we instinctively know. If I
give you a dollar today, that dollar would have
more value, than if I give you the same dollar
a year from now.
Next,
let's review the five variables we use
to quantify TVM. More>>
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