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Hub You - Real Estate Professional in the Palm of Your Hand
If you are one to pay attention to what happens within the Google realm, you might find yourself thrown for a loop these days. As Google updates their results, it seems like they are having some issues dealing with so many new websites popping up.Indexing 8 billion websites is quite an accomplishment for Google. As they are reluctant to increase this number, they are faced with many challenges in trying to keep some sites within these 8 billion pages while losing some others, after each update they do to their database.So how do you determine which listings to lose?We've all heard of the "sandbox theory"! (New sites are added to a group of other new sites until a certain amount of time has passed and you've proven your worth. Once you've proven your site is valuable, Google releases it within its regular search results).It seems to me that if you don't own a large network of websites that can easily increase the websites link popularity overnight, your newly created website won't get hit as hard and is added to the sandbox for only a certain period of time.On the other hand, if you do own a large network of websites and increase the amount of websites you have, your newly built website(s) will get hit harder and may take a lot more time and promotional effort to get good search rankings res
REAL ESTATE CALCULATIONS
KK-12C, by KK Technologies Co., Ltd., is a great program that emulates the HP-12C calculator. It even looks like the calculator on the Palm screen. If you are currently using the HP-12C, then you won't need to learn anything about this program; you'll already know how to operate it. The HP-12C is one of the most popular RPN (Reverse Polish Notation) financial calculators ever made - it's been out for a long time and is still popular mainly in the Real Estate arena. I like the fact that I always have it with me wherever I go. There are quite a few options on the KK-12C that the normal calculator doesn't offer. One nice feature is that all registers can be saved at any time with unlimited sessions. This is nice for viewing later.
THREE OUT OF FOUR LOANS
TriLoan, by John Coogan, can be found at http://www.triloan.net/tl.htm. This program allows you to compare up to four loans at the same time. All you have to do is enter the loan amount, terms and rate, and the program does the rest.
<No matter how responsible you may be with money, the fact of the matter that not everyone needs some sort of history. And if you have no credit at all, you might find yourself in worse shape than someone who has bad credit. At any rate, you certainly are not in better shape than someone with bad credit. However, it is possible to get a car loan with no credit. You just have to be prepared for the costs and inconveniences that come along with it.What’s your credit score?One of the most important pieces of information for you to know before you go in looking to buy a car with no credit is your credit score. This score, also known as a FICO score, is represented in numbers between 300 and 850. Once you drop below 600, you are considered a credit risk. And if you have no credit, it is fairly safe to assume that your FICO score is somewhere below 600. Knowing your credit score can arm you ahead of time with a good idea of what to expect as you look for financing for your car loan.Using dealer financingWith a low FICO score, buying a car with no credit means that you will have to pay a higher interest rate in order to borrow the money for your car. And one of the highest rates you pay is when you go through the auto dealer for financing. Dealers have a variety of lenders available to back a
If you own rentals and/or investment properties, you know that you have to keep track of your portfolio, maintenance profiles, property managers, and related financial matters. There are a multitude of programs for the Palm-Pilot system to keep up with lease dates, lease expirations, and rent due dates. They will let you know when to send late notices and how much the late fees are for each rental you have in your list. Most of these programs will also alert you when you have a lease that will expire within the next two months, this allows you to prepare a new lease contract or plan the repairs and marketing for the unit. They'll even give you yearly totals spent on property management fees and maintenance fees, and bounce those amounts against your rents collected. This will give you an idea of how the property is performing. Some will even "conduit" to your computer when you HotSync, which allows you to create Excel spreadsheets for the data produced.
These programs will also store information associated with each individual property, such as who the handyman is for that property, warranty company contact information, insurance information, and tenant contact information. Most programs out there will allow you to log and track the Gross Scheduled Income (GSI), Gross Operating Income (GSO), Net Operating Income (NOI) and Cap Rates for each property in your portfolio.
A few programs that you might try, you'll have to figure out which one is best for your current situation. There are many more, just search around on www.palmgear.com and you should be able to find exactly what you need for your own rental and leasing situation:
Rental Manager 2.16. This program is great for vacation rentals! Keeping up with availability, accounts receivable, reservations, reservations not confirmed, and dates of expiration.
Rentulator 1.01. Is a free program that allows you to enter the price of the house or condo and the percent you would like to earn, and the program will calculate the rent you would need to collect for that situation. You will need to calculate total debt service and other factors before punching them in, but the program will tell you what you need with the correct amounts plugged in.
LANDLORDING
Most properties in my portfolio I have property managers that collect rent and inspect the units. On those properties that I manage myself, when a tenant calls with a problem, all I have to do is decide whether it requires the warranty company, just a quick fix by a handyman, or if I'm in the area, I might just run by and take care of it myself. All the information is right in front of me, regardless of where I am at the time of the call. From experience, I can predict that whenever my tenants call, I won't be anywhere near my PC or file cabinet! Fortunately, with your Smartphone, you won't ever have to go to your office to access your files again. Sounds nice, huh?
Have all your important files with you 24/7, 365 a year!
REAL ESTATE AGENTS
Some of these programs will track every aspect of the business of real estate. Realtors and brokers can track their listings and when they expire and even search the entire MLS (Multiple Listing Service) anytime - anywhere. The program will remember lockbox codes and cross-reference them to the address and location of the property.
You can also track real estate commissions, both gross and net. You can even set goals for closing a certain number of sales per month, which you can then compare to your actual closings at the end of each month. Export these files to your favorite spreadsheet to print monthly and yearly charts of your progression.
Now for a program that carries a monthly fee. Supra and eKey. Found at: www.supraekey.com
If you are a state licensed practicing Real Estate Agent, you can subscribe to a service that will give you access to your listings and the entire MLS. This software allows your Smartphone to act as an electronic Key to give you access to Supra Keyboxes placed on listings. If the Keybox is the electronic iBox type, you can open the Keybox just by aiming your Smartphones IR (infrared) port at the Keybox and tapping the send button.
The software expires at the end of each day, to update the software you must either HotSync or eSync your Smartphone or tap on update in the menu, which allows your Smartphone to go online using its' wireless connection and it will update the software. The default will automatically log on between 12am and 6am and update your key for you. It automatically updates each night and tells you who has shown the listing; date, time, name, office name and phone number. (If you are in a location that doesn't have a digital cellular signal, the software will attempt to find a connection every 30 minutes until it updates itself. You get the information you need delivered to you without having to drive to the listing to collect business cards). By the time you wake up, all codes, lockbox activity, and your MLS will be updated. You will know how many other agents accessed and showed any of your properties that you have listed. If someone at the office added a listing to your MLS, it will now show up on your Smartphone.
Some of the old lockboxes require metal contacts to be slid into the shackle to open the lockbox, AEII type. On these older units, the "supra unit" is needed, because the unit has the metal contact key built into the case of the unit. You just insert your eKey shell of the PDA into an AEII type Keybox. Or for the newer Keyboxes, the iBox type, just point your Smartphone at the iBox and hit the button. Always remember, iBoxes relock after 30 seconds!
You can easily change your own iBox codes by changing them on your handheld and transmitting them to your lockbox when you arrive at the location.
Messaging: Associations and brokers now have a way to quickly and easily communicate with their agents through a tool the agent uses on a daily basis. Need to change the date or time of a meeting and get the word out quickly? Messages appear on-screen. Basically, SMS, which stands for (small message service).
If you were driving through a neighborhood and found the perfect home for your client or yourself, wouldn't it be nice to punch in some numbers and have all the information for the property in the palm of your hand? And you might possibly be able to obtain the lockbox codes right on the spot, and view the property that minute. This is called productivity, either get in it, or get ran over by it!
You can search your own listings by any of the following fields: area, price, class, status, bedrooms, bathrooms, and up to three additional customizable fields that you can set to what ever you like or think is important.
There are many other services out there that will assist you in being one of the Top sellers in your area. One service from www.homegain.com will SMS text page comparisons to you when prices rise or fall in your farm area. It used to be free, but now they charge a few dollars a month to monitor certain areas. This service is also nice if you own property and would like to know when to either refinance the property or maybe it's time to sale that property. Real Estate prices usually don't move very fast unless we're in a crash of some kind, and then of course, their moving down rapidly. But it's still nice to know what your properties are doing without having to research all of them each and every month. This way you get the reports, and you can either go on with life, or look closer at the numbers for a particular property and take whatever action you should.
CALCULATING YOUR POTENTIAL CASH FLOW
When I go out to inspect potential real estate investments, I enter all the notes for that particular property under that property's name and address. Later at the hotel or on the spot, I can run the numbers with my HP-12C calculator (see below), and know if I'm looking at a positive or negative cash flow. Of course, you will want to take in the consideration of the potential appreciation for that area. Some negative cash flows are worth having if you will make your gain in appreciation. Sometimes a small negative can be welcome in the face of a large appreciation factor for an area. When I get back home, there is no confusion about which property had what features and cash flow. Another program that helps you compare properties is TriLoan, (see below), to see which property is the best investment. This program allows you to set four different loans or properties side-by-side for easy comparison. All in the palm of your hand.
REAL ESTATE CALCULATIONS
KK-12C, by KK Technologies Co., Ltd., is a great program that emulates the HP-12C calculator. It even looks like the calculator on the Palm screen. If you are currently using the HP-12C, then you won't need to learn anything about this program; you'll already know how to operate it. The HP-12C is one of the most popular RPN (Reverse Polish Notation) financial calculators ever made - it's been out for a long time and is still popular mainly in the Real Estate arena. I like the fact that I always have it with me wherever I go. There are quite a few options on the KK-12C that the normal calculator doesn't offer. One nice feature is that all registers can be saved at any time with unlimited sessions. This is nice for viewing later.
THREE OUT OF FOUR LOANS
TriLoan, by John Coogan, can be found at http://www.triloan.net/tl.htm. This program allows you to compare up to four loans at the same time. All you have to do is enter the loan amount, terms and rate, and the program does the rest.
Internet marketing and email marketing go hand in hand. They are like ham and eggs, grits and cheese, or collard greens and the South.You cannot have one without the other.If you email market you must have an solid internet base from which to promote.If you internet market, you must be able to repeatedly contact your visitors. It is the backend and the repeat exposures that makes you long-term income online.If you internet market without an email campaign you get one shot at selling a visitor-- and this is when the visitor is most click-happy.If you email market, you get in front of the customer when they are most relaxed--reading their email.Internet market well - create awesome, strong-converting websites, then couple that with an explosive email campaign and watch your profits soar--like ham and eggs for breakfast, peanut butter and jelly for lunch. Try it, you might like it.Steps:1) Internet market: build a great web site.2) Email market: Write a great email campaign.3) Internet market: Drive massive traffic to your web site.4) Email market: Convert your traffic to email subscribers5) Internet market: Constantly create newer and better products6) Email market: Constantly over deliver value to your email subscribers
LANDLORDING
Most properties in my portfolio I have property managers that collect rent and inspect the units. On those properties that I manage myself, when a tenant calls with a problem, all I have to do is decide whether it requires the warranty company, just a quick fix by a handyman, or if I'm in the area, I might just run by and take care of it myself. All the information is right in front of me, regardless of where I am at the time of the call. From experience, I can predict that whenever my tenants call, I won't be anywhere near my PC or file cabinet! Fortunately, with your Smartphone, you won't ever have to go to your office to access your files again. Sounds nice, huh?
Have all your important files with you 24/7, 365 a year!
REAL ESTATE AGENTS
Some of these programs will track every aspect of the business of real estate. Realtors and brokers can track their listings and when they expire and even search the entire MLS (Multiple Listing Service) anytime - anywhere. The program will remember lockbox codes and cross-reference them to the address and location of the property.
You can also track real estate commissions, both gross and net. You can even set goals for closing a certain number of sales per month, which you can then compare to your actual closings at the end of each month. Export these files to your favorite spreadsheet to print monthly and yearly charts of your progression.
Now for a program that carries a monthly fee. Supra and eKey. Found at: www.supraekey.com
If you are a state licensed practicing Real Estate Agent, you can subscribe to a service that will give you access to your listings and the entire MLS. This software allows your Smartphone to act as an electronic Key to give you access to Supra Keyboxes placed on listings. If the Keybox is the electronic iBox type, you can open the Keybox just by aiming your Smartphones IR (infrared) port at the Keybox and tapping the send button.
The software expires at the end of each day, to update the software you must either HotSync or eSync your Smartphone or tap on update in the menu, which allows your Smartphone to go online using its' wireless connection and it will update the software. The default will automatically log on between 12am and 6am and update your key for you. It automatically updates each night and tells you who has shown the listing; date, time, name, office name and phone number. (If you are in a location that doesn't have a digital cellular signal, the software will attempt to find a connection every 30 minutes until it updates itself. You get the information you need delivered to you without having to drive to the listing to collect business cards). By the time you wake up, all codes, lockbox activity, and your MLS will be updated. You will know how many other agents accessed and showed any of your properties that you have listed. If someone at the office added a listing to your MLS, it will now show up on your Smartphone.
Some of the old lockboxes require metal contacts to be slid into the shackle to open the lockbox, AEII type. On these older units, the "supra unit" is needed, because the unit has the metal contact key built into the case of the unit. You just insert your eKey shell of the PDA into an AEII type Keybox. Or for the newer Keyboxes, the iBox type, just point your Smartphone at the iBox and hit the button. Always remember, iBoxes relock after 30 seconds!
You can easily change your own iBox codes by changing them on your handheld and transmitting them to your lockbox when you arrive at the location.
Messaging: Associations and brokers now have a way to quickly and easily communicate with their agents through a tool the agent uses on a daily basis. Need to change the date or time of a meeting and get the word out quickly? Messages appear on-screen. Basically, SMS, which stands for (small message service).
If you were driving through a neighborhood and found the perfect home for your client or yourself, wouldn't it be nice to punch in some numbers and have all the information for the property in the palm of your hand? And you might possibly be able to obtain the lockbox codes right on the spot, and view the property that minute. This is called productivity, either get in it, or get ran over by it!
You can search your own listings by any of the following fields: area, price, class, status, bedrooms, bathrooms, and up to three additional customizable fields that you can set to what ever you like or think is important.
There are many other services out there that will assist you in being one of the Top sellers in your area. One service from www.homegain.com will SMS text page comparisons to you when prices rise or fall in your farm area. It used to be free, but now they charge a few dollars a month to monitor certain areas. This service is also nice if you own property and would like to know when to either refinance the property or maybe it's time to sale that property. Real Estate prices usually don't move very fast unless we're in a crash of some kind, and then of course, their moving down rapidly. But it's still nice to know what your properties are doing without having to research all of them each and every month. This way you get the reports, and you can either go on with life, or look closer at the numbers for a particular property and take whatever action you should.
CALCULATING YOUR POTENTIAL CASH FLOW
When I go out to inspect potential real estate investments, I enter all the notes for that particular property under that property's name and address. Later at the hotel or on the spot, I can run the numbers with my HP-12C calculator (see below), and know if I'm looking at a positive or negative cash flow. Of course, you will want to take in the consideration of the potential appreciation for that area. Some negative cash flows are worth having if you will make your gain in appreciation. Sometimes a small negative can be welcome in the face of a large appreciation factor for an area. When I get back home, there is no confusion about which property had what features and cash flow. Another program that helps you compare properties is TriLoan, (see below), to see which property is the best investment. This program allows you to set four different loans or properties side-by-side for easy comparison. All in the palm of your hand.
REAL ESTATE CALCULATIONS
KK-12C, by KK Technologies Co., Ltd., is a great program that emulates the HP-12C calculator. It even looks like the calculator on the Palm screen. If you are currently using the HP-12C, then you won't need to learn anything about this program; you'll already know how to operate it. The HP-12C is one of the most popular RPN (Reverse Polish Notation) financial calculators ever made - it's been out for a long time and is still popular mainly in the Real Estate arena. I like the fact that I always have it with me wherever I go. There are quite a few options on the KK-12C that the normal calculator doesn't offer. One nice feature is that all registers can be saved at any time with unlimited sessions. This is nice for viewing later.
THREE OUT OF FOUR LOANS
TriLoan, by John Coogan, can be found at http://www.triloan.net/tl.htm. This program allows you to compare up to four loans at the same time. All you have to do is enter the loan amount, terms and rate, and the program does the rest.
<I AM AN ENTREPRENEUR! It sounds nice doesn’t it? However, the title of “entrepreneur” means nothing if you do not attach any significance to the word. We all see entrepreneurs on television (Donald Trump, Bill Gates, Oprah Winfrey, etc.), yet we never really grasp the concept of what being an entrepreneur means.Achieving the success of those entrepreneurs will happen to .0000001% of the population, if not less! It is great to have “lofty” goals; however, you have to know what drives you and what motivates you.To me, being an entrepreneur means freedom. Freedom from the daily grind of the nine to five routine, freedom to do what I want, and the freedom to spend as much time with my family as possible. Becoming a billionaire would be awesome, but that is not what being an entrepreneur means to me. A better life and the freedom to do what I want is what drives me.Find out what being an entrepreneur means to you so that you can give your entrepreneurial journey some direction. Whatever you do, do not set a goal that is easy to achieve! If you do this, you will not feel the same sense of achievement and pride that you would feel had your goal been harder to obtain. On the other hand, you do not want to set a goal that is so hard that it is near impossible to achieve. If you do this, chances a
The software expires at the end of each day, to update the software you must either HotSync or eSync your Smartphone or tap on update in the menu, which allows your Smartphone to go online using its' wireless connection and it will update the software. The default will automatically log on between 12am and 6am and update your key for you. It automatically updates each night and tells you who has shown the listing; date, time, name, office name and phone number. (If you are in a location that doesn't have a digital cellular signal, the software will attempt to find a connection every 30 minutes until it updates itself. You get the information you need delivered to you without having to drive to the listing to collect business cards). By the time you wake up, all codes, lockbox activity, and your MLS will be updated. You will know how many other agents accessed and showed any of your properties that you have listed. If someone at the office added a listing to your MLS, it will now show up on your Smartphone.
Some of the old lockboxes require metal contacts to be slid into the shackle to open the lockbox, AEII type. On these older units, the "supra unit" is needed, because the unit has the metal contact key built into the case of the unit. You just insert your eKey shell of the PDA into an AEII type Keybox. Or for the newer Keyboxes, the iBox type, just point your Smartphone at the iBox and hit the button. Always remember, iBoxes relock after 30 seconds!
You can easily change your own iBox codes by changing them on your handheld and transmitting them to your lockbox when you arrive at the location.
Messaging: Associations and brokers now have a way to quickly and easily communicate with their agents through a tool the agent uses on a daily basis. Need to change the date or time of a meeting and get the word out quickly? Messages appear on-screen. Basically, SMS, which stands for (small message service).
If you were driving through a neighborhood and found the perfect home for your client or yourself, wouldn't it be nice to punch in some numbers and have all the information for the property in the palm of your hand? And you might possibly be able to obtain the lockbox codes right on the spot, and view the property that minute. This is called productivity, either get in it, or get ran over by it!
You can search your own listings by any of the following fields: area, price, class, status, bedrooms, bathrooms, and up to three additional customizable fields that you can set to what ever you like or think is important.
There are many other services out there that will assist you in being one of the Top sellers in your area. One service from www.homegain.com will SMS text page comparisons to you when prices rise or fall in your farm area. It used to be free, but now they charge a few dollars a month to monitor certain areas. This service is also nice if you own property and would like to know when to either refinance the property or maybe it's time to sale that property. Real Estate prices usually don't move very fast unless we're in a crash of some kind, and then of course, their moving down rapidly. But it's still nice to know what your properties are doing without having to research all of them each and every month. This way you get the reports, and you can either go on with life, or look closer at the numbers for a particular property and take whatever action you should.
CALCULATING YOUR POTENTIAL CASH FLOW
When I go out to inspect potential real estate investments, I enter all the notes for that particular property under that property's name and address. Later at the hotel or on the spot, I can run the numbers with my HP-12C calculator (see below), and know if I'm looking at a positive or negative cash flow. Of course, you will want to take in the consideration of the potential appreciation for that area. Some negative cash flows are worth having if you will make your gain in appreciation. Sometimes a small negative can be welcome in the face of a large appreciation factor for an area. When I get back home, there is no confusion about which property had what features and cash flow. Another program that helps you compare properties is TriLoan, (see below), to see which property is the best investment. This program allows you to set four different loans or properties side-by-side for easy comparison. All in the palm of your hand.
REAL ESTATE CALCULATIONS
KK-12C, by KK Technologies Co., Ltd., is a great program that emulates the HP-12C calculator. It even looks like the calculator on the Palm screen. If you are currently using the HP-12C, then you won't need to learn anything about this program; you'll already know how to operate it. The HP-12C is one of the most popular RPN (Reverse Polish Notation) financial calculators ever made - it's been out for a long time and is still popular mainly in the Real Estate arena. I like the fact that I always have it with me wherever I go. There are quite a few options on the KK-12C that the normal calculator doesn't offer. One nice feature is that all registers can be saved at any time with unlimited sessions. This is nice for viewing later.
THREE OUT OF FOUR LOANS
TriLoan, by John Coogan, can be found at http://www.triloan.net/tl.htm. This program allows you to compare up to four loans at the same time. All you have to do is enter the loan amount, terms and rate, and the program does the rest.
<The Structure ProblemStructure is an issue that most self-employed service providers struggle with. ADD coaches, in particular, often suffer from self-imposed pressure to always "be there" for the client. ADDers frequently need accountability and follow-ups, and many coaches fall into the trap of thinking that in order to be a good coach, they have to be available all the time.This is simply not true. The first rule of being a 'good' coach is to be a 'good' person!In order to be a 'good' coach, you must feel good about yourself and your life. You must be a happy, fulfilled person who has a surplus of positive energy. You cannot serve your clients well if you are overwhelmed and over-scheduled. You have to have a life outside of work. And in order to do this, you must have boundaries in the business.Business boundaries come in the form of schedules. The business is OPEN certain days of the week, and CLOSED other days of the week. On those OPEN days, the business has certain operating hours.No matter how great a coach you are, no matter how many people you are helping, and no matter how much good you are doing in the world, you cannot forget that your ADD coaching practice is a business, and businesses need boundaries.If you forget this fact, you will struggle both emotion
Messaging: Associations and brokers now have a way to quickly and easily communicate with their agents through a tool the agent uses on a daily basis. Need to change the date or time of a meeting and get the word out quickly? Messages appear on-screen. Basically, SMS, which stands for (small message service).
If you were driving through a neighborhood and found the perfect home for your client or yourself, wouldn't it be nice to punch in some numbers and have all the information for the property in the palm of your hand? And you might possibly be able to obtain the lockbox codes right on the spot, and view the property that minute. This is called productivity, either get in it, or get ran over by it!
You can search your own listings by any of the following fields: area, price, class, status, bedrooms, bathrooms, and up to three additional customizable fields that you can set to what ever you like or think is important.
There are many other services out there that will assist you in being one of the Top sellers in your area. One service from www.homegain.com will SMS text page comparisons to you when prices rise or fall in your farm area. It used to be free, but now they charge a few dollars a month to monitor certain areas. This service is also nice if you own property and would like to know when to either refinance the property or maybe it's time to sale that property. Real Estate prices usually don't move very fast unless we're in a crash of some kind, and then of course, their moving down rapidly. But it's still nice to know what your properties are doing without having to research all of them each and every month. This way you get the reports, and you can either go on with life, or look closer at the numbers for a particular property and take whatever action you should.
CALCULATING YOUR POTENTIAL CASH FLOW
When I go out to inspect potential real estate investments, I enter all the notes for that particular property under that property's name and address. Later at the hotel or on the spot, I can run the numbers with my HP-12C calculator (see below), and know if I'm looking at a positive or negative cash flow. Of course, you will want to take in the consideration of the potential appreciation for that area. Some negative cash flows are worth having if you will make your gain in appreciation. Sometimes a small negative can be welcome in the face of a large appreciation factor for an area. When I get back home, there is no confusion about which property had what features and cash flow. Another program that helps you compare properties is TriLoan, (see below), to see which property is the best investment. This program allows you to set four different loans or properties side-by-side for easy comparison. All in the palm of your hand.
REAL ESTATE CALCULATIONS
KK-12C, by KK Technologies Co., Ltd., is a great program that emulates the HP-12C calculator. It even looks like the calculator on the Palm screen. If you are currently using the HP-12C, then you won't need to learn anything about this program; you'll already know how to operate it. The HP-12C is one of the most popular RPN (Reverse Polish Notation) financial calculators ever made - it's been out for a long time and is still popular mainly in the Real Estate arena. I like the fact that I always have it with me wherever I go. There are quite a few options on the KK-12C that the normal calculator doesn't offer. One nice feature is that all registers can be saved at any time with unlimited sessions. This is nice for viewing later.
THREE OUT OF FOUR LOANS
TriLoan, by John Coogan, can be found at http://www.triloan.net/tl.htm. This program allows you to compare up to four loans at the same time. All you have to do is enter the loan amount, terms and rate, and the program does the rest.
<I knew the first time I met him that he was just out to get my business. After all he was a salesman. That's what his card said, that's what his job was, and that's what he did for a living.I don't trust salesmen, and I bet a lot of the people who read this don't either.It's not surprising, I guess. There are a lot of salespeople in the world who will do or say almost anything to get a sale, and a lot of times the things they say are lies or half truths, and the things they do are deceptive and deceiving. Just like a lot of other things in life, it only takes getting burned a couple of times to make you distrust all of their ilk. (C'mon, who uses "ilk" anymore?)I was a federal purchasing agent, so it was MY job to deal with salespeople, and I got to see a lot of the bad ones. I got to see a lot of junk passed off as quality goods, and sometimes I had help clean up the mess or deal with the aftermath. This wasn't the first time, either. I had been a business manager for a mental health facility in northwest Florida, an accountant for the Florida State Department of Education in Tallahassee, and a fiscal consultant/accountant/purchasing agent/comptroller in a regional office of a federally funded education program. I had been taken on a few rides and, like I said, I don't trust salesmen. I had gott
REAL ESTATE CALCULATIONS
KK-12C, by KK Technologies Co., Ltd., is a great program that emulates the HP-12C calculator. It even looks like the calculator on the Palm screen. If you are currently using the HP-12C, then you won't need to learn anything about this program; you'll already know how to operate it. The HP-12C is one of the most popular RPN (Reverse Polish Notation) financial calculators ever made - it's been out for a long time and is still popular mainly in the Real Estate arena. I like the fact that I always have it with me wherever I go. There are quite a few options on the KK-12C that the normal calculator doesn't offer. One nice feature is that all registers can be saved at any time with unlimited sessions. This is nice for viewing later.
THREE OUT OF FOUR LOANS
TriLoan, by John Coogan, can be found at http://www.triloan.net/tl.htm. This program allows you to compare up to four loans at the same time. All you have to do is enter the loan amount, terms and rate, and the program does the rest.
If you're looking at more than one property or loan, you can compare up to four on your Palm-Pilot screen. This is great for field work-there's no need to write the figures down and not know if any of them are even a good deal until you can get to a PC.
The program allows you to save all properties under the name you give them, and look at where you are in the amortization table at any time. There are over 200 other options to calculate your investments down to the penny. These include viewing your equity, loan-to-value, expected rent, payoff, net operating income, cash flow and more. Both of the above programs can be used for any loan calculations, I'm just giving examples on mortgage loans.
Find anything in your portfolio in seconds, anywhere - anytime, send an email with "ebook" in the subject to receive a free version of the ebook at: ebook@robertlett.com
Robert Lett. April 2005
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