I am a big fan of letting other people who can do the job better than I can and at a cheaper rate do the things I don’t like to do anyway.
Think of virtualÂ assistantsÂ this way. If you don’t have an assistant then you are the assistant.
IÂ haveÂ had a lot of people ask me what and how I do it. So, here’s a list of the tools I use in maintaining my relationship with my guys in the Philippines,Â UkraineÂ andÂ India. Â I have 21 Virtual Assistants that run all different aspects of my business for as little as $1.50 an hour.
Take a look and let me know what you think:
- Jingproject.com – I use jing every single day, multiple times a day.
- Audacity – audio software
- Google Talk
- Camtasia Studio
Here’s a list of some of the tools I have my guys (VA’s) use:
- jing (of course)
- Google Docs (it’s easier to just share a spreadsheet than to send an excel file back and forth)
- Camtasia Studio
- Google Docs (creata a power point slide and turn it into a video)
- MSN Loophole (the ebook)
- Super (video conversion software)
- Sony Vegas Pro
- Ebay (yes, they manage ebay stuff for me)
- Adwords (yes…)
I also found Skype useful, especially during the interview process. It provides the means to watch the “body language”. Subsequent to the hiring, it has been an invaluable aide to facilitate communications as the VA can also see my expressions. Double endorsement for Camtasia as a teaching tool.
Also, if you want a free audio coaching training call I did on using outsourcing to grow a business please vist http://outsourcingxfactor.com
Leave a comment and tell me what you think. Â Thanks.
Believe it or not, there are hundreds if not thousands of dollars sitting right in front of you. And what is the worst part you donâ€™t even realize it is there. Well, you may not be the only one. There are a lot of people just like you who are not familiar with buying judgment liens for big profits.
There are many real estate investors who speak at seminars regarding the best ways to make money with real estate, and not too many of them talk about how to get rich buying judgment liens. Well, it isnâ€™t rocket science. You can easily get into the big money by taking advantage of this one hidden or often not used income stream.
There is money for the taking, you just have to know how to go about it. Well the first thing to understand is what a judgment lien is. Once you know that, the rest is a piece of cake. You see a judgment lien can occur in two stages. The first one is where someone decides to hire a contractor to do some work on his house. He makes a contract to do the work, agreeing to pay the contractor so much a month. The homeowner fails to live up to his agreement. The contractor goes to court and gets a judgment against the homeowner.
Despite the judgment, the homeowner is not budging. So the contractor does the next thing and goes to his lawyer to get a lien against the homeownerâ€™s house. Now there is an official judgment lien.
In the above situation, the contractor feels the homeowner is taking too long to pay up. So the contractor agrees to sell the lien to a third-party for pennies on the dollar. He just wants to get some kind of money. In many cases the third-party would be a real estate investor or broker.
Anyway, the contractor has his money. The house goes into foreclosure or is sold or refinanced. The winning bidder/buyer has to come forward and pay the real estate investor since he has the judgment lien. He has debt in the house, and since all debts have to be cleared first, he gets paid the full value of the judgment lien. Now letâ€™s say the full value of the judgment lien is $10,000, and letâ€™s say he only paid the contractor $1000 for it. He just made a handsome profit of $9,000 bucks.Â
There is a goldmine sitting there ready for you to take it. You just have to understand that it is available. Donâ€™t let this small niche pass you by. Take advantage of it. There are many homes out there that are under foreclosure and that have liens on them. Get your share of the pie as well.
Get your free eCourse on Making money with judgments and liens please visit:Â http://www.misuniversity.com/judgments/content/judgments.html
Insider Secrets to Making Money with Judgment Liens
If you are looking for multiple income streams and invest in real estate, you may want to get involved in judgment liens. There is money to be made with it, once you know how it is done. A judgment lien comes in two parts. First there is the judgment, followed by the lien. Once the judgment lien has been put in place, you as a real estate investor can jump right in and get involved.
But did you also know you can purchase judgment liens for pennies on the dollar and make a ton of cash for doing so? Yes, and you can do it with a minimal amount of risk. Buying judgment liens are an excellent way to make a lot of money. The reason is you are actually purchasing them at a fraction of what they are worth.
When you purchase judgment liens you are in fact making a fast profit by buying it very cheaply. You simply cash it in for its full value and the property gets sold at foreclosure auction or when non-foreclosure residential or commercial property is sold. Also, if you purchased a judgment lien, and you are actually bidding on a property at public auction, you can bid higher knowing you have a lien to use as part of the settlement.
Even if you were outbid, you still end up with cash profit because you cash in the lien at full value. How is this possible? Whoever is the successful bidder, that bidder has to pay off all debts against the property first. Since youÂ hold a judgment lien, you own some of the debt to the property. The bidder has to pay you first. So you sell him the lien and you get a nice profit out of it.
What this does for you is that you really didnâ€™t spend the full amount that you bid on the property. You will be getting some of that money back by way of the judgment lien you sold. If you like the idea of making a ton of money and you are a real estate investor, or even someone going into real estate for the first time, you will love the idea of developing multiple streams of income using real estate as the basis for your income.
Donâ€™t overlook judgment liens as they are a good source of great income potential. You just have to know what you are doing and where to look for deals. The rest is rather easy. As someone involved in real estate, it would be to your advantage to seek out judgment liens and it will make you a very rich man/woman in little time.