Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

There are no shortcuts to worthwhile results in real estate or in any business. The formula that you can’t shortcut is this:   VALUE in = RESULTS out So, if you want more results (i.e. deals, profits, income, long-term wealth), you ...

Tagged with: Investor's Corner

  I had just graduate from college, and I decided a more traditional career (medical school in my case) wasn’t for me. I didn’t have any college debt thanks to a football scholarship at Clemson University. But I also had ...

Tagged with: Investor's Corner

  Is your local real estate market hot? Are good real estate deals getting harder to find? If so, you’re not alone. But this isn’t a new problem. The times when it’s easy to find real estate deals are the ...

Tagged with: invest

Real estate is a flexible financial tool. Depending on what you need, it can become a job, an investment, or both. Here’s the difference: Job – you want or need to use real estate for current income (i.e. to pay the ...

Tagged with: Investor's Corner

  Nothing in the world can take the place of persistence …The slogan Press On! has solved and always will solve the problems of the human race.”        – Calvin Coolidge Even if you fixed the first four ...

Tagged with: Investor's Corner

  The first step is to set a goal for the number of free and clear houses that you want to own. Work backwards into this goal by first setting an income goal and then asking how many free and ...

Tagged with: Investor's Corner

  Balloon payments occur when your loan has a maturity date before it is completely amortized.  For example, your loan could amortize over 30 years, but your lender could require you to pay the outstanding balance at the end of ...

Tagged with: beware balloon payments

  I enjoy watching HGTV and other remodeling shows. I don’t have cable TV myself, but when I visit my in-laws, it’s a favorite pastime with my father-in-law. In one hour, I can watch the complete transformation of an outdated ...

Tagged with: investments

  There are thousands of brilliant ideas for making money out there, but can you execute all of them? Often the simple, understandable plan, well executed, works the best. For our own real estate investment plan, my business partner and ...

Tagged with: rent

This article is continued from my previously published “Part 1” and draws heavily on the concepts and analysis of the eye-opening book Big Shifts Ahead: Demographic Clarity for Business by John Burns & Chris Porter. You may have been encouraged by ...