Analyzing Your Website Traffic

July 21st, 2012

Analyzing Your Website Traffic

Analyzing your web traffic statistics can be an invaluable
tool for a number of different reasons. But before you can
make full use of this tool, you need to understand how to
interpret the data.

Most web hosting companies will provide you with basic web
traffic information that you then have to interpret and
make pertinent use of. However, the data you receive from
your host company can be overwhelming if you don’t
understand how to apply it to your particular business and
website. Let’s start by examining the most basic data – the
average visitors to your site on a daily, weekly, and
monthly basis.

These figures are the most accurate measure of your
website’s activity. It would appear on the surface that the
more traffic you see recorded, the better you can assume
your website is doing, but this is an inaccurate
perception. You must also look at the behavior of your
visitors once they come to your website to accurately gauge
the effectiveness of your site.

There is often a great misconception about what is commonly
known as “hits” and what is really effective, quality
traffic to your site. Hits simply means the number of
information requests received by the server. If you think
about the fact that a hit can simply equate to the number
of graphics per page, you will get an idea of how overblown
the concept of hits can be. For example, if your homepage
has 15 graphics on it, the server records this as 15 hits,
when in reality we are talking about a single visitor
checking out a single page on your site. As you can see,
hits are not useful in analyzing your website traffic.

The more visitors that come to your website, the more
accurate your interpretation will become. The greater the
traffic is to your website, the more precise your analysis
will be of overall trends in visitor behavior. The smaller
the number of visitors, the more a few anomalous visitors
can distort the analysis.

The aim is to use the web traffic statistics to figure out
how well or how poorly your site is working for your
visitors. One way to determine this is to find out how long
on average your visitors spend on your site. If the time
spent is relatively brief, it usually indicates an
underlying problem. Then the challenge is to figure out
what that problem is.

It could be that your keywords are directing the wrong type
of visitors to your website, or that your graphics are
confusing or intimidating, causing the visitor to exit
rapidly. Use the knowledge of how much time visitors are
spending on your site to pinpoint specific problems, and
after you fix those problems, continue to use time spent as
a gauge of how effective your fix has been.

Additionally, web traffic stats can help you determine
effective and ineffective areas of your website. If you
have a page that you believe is important, but visitors are
exiting it rapidly, that page needs attention. You could,
for example, consider improving the link to this page by
making the link more noticeable and enticing, or you could
improve the look of the page or the ease that your visitors
can access the necessary information on that page.

If, on the other hand, you notice that visitors are
spending a lot of time on pages that you think are less
important, you might consider moving some of your sales
copy and marketing focus to that particular page.

As you can see, these statistics will reveal vital
information about the effectiveness of individual pages,
and visitor habits and motivation. This is essential
information to any successful Internet marketing campaign.

Your website undoubtedly has exit pages, such as a final
order or contact form. This is a page you can expect your
visitor to exit rapidly. However, not every visitor to your
site is going to find exactly what he or she is looking
for, so statistics may show you a number of different exit
pages. This is normal unless you notice a exit trend on a
particular page that is not intended as an exit page. In
the case that a significant percentage of visitors are
exiting your website on a page not designed for that
purpose, you must closely examine that particular page to
discern what the problem is. Once you pinpoint potential
weaknesses on that page, minor modifications in content or
graphic may have a significant impact on the keeping
visitors moving through your site instead of exiting at the
wrong page.

After you have analyzed your visitor statistics, it’s time
to turn to your keywords and phrases. Notice if particular
keywords are directing a specific type of visitor to your
site. The more targeted the visitor – meaning that they
find what they are looking for on your site, and even
better, fill out your contact form or make a purchase – the
more valuable that keyword is.

However, if you find a large number of visitors are being
directed – or should I say misdirected – to your site by a
particular keyword or phrase, that keyword demands
adjustment. Keywords are vital to bringing quality visitors
to your site who are ready to do business with you. Close
analysis of the keywords your visitors are using to find
your site will give you a vital understanding of your
visitor’s needs and motivations.

Finally, if you notice that users are finding your website
by typing in your company name, break open the champagne!
It means you have achieved a significant level of brand
recognition, and this is a sure sign of burgeoning success.

James Nsien2
NCN Internet Marketing Services

Originally posted 2009-10-04 08:19:51. Republished by Blog Post Promoter

What is a Cash Out Re-Finance?

July 21st, 2012

What is a Cash Out Re-Finance?

A cash out re-finance basically enables the homeowner to re-finance their home for an amount greater than the balance of the exiting mortgage. The homeowners than repay the existing balance plus the additional amount over the course of the loan period and are given a check for the amount above and beyond the balance of the exiting mortgage. The homeowners can use this check for any purpose they choose now and repay the debt along with the rest of re-financed amount.

When is a Cash Out Re-Finance possible?

A cash out option is available when there is existing equity in the home. This is important because the lender is able to justify the practice of offering increased funds to the homeowner due to the value of the property. This is because the lender feels as though the security of having the home for collateral does not put them at a high risk for the homeowner defaulting on the loan.

Homeowners who wish to take advantage of a cash out re-finance offered by a lender should inquire as to whether or not the lender offers this type of re-financing. This is important because not all lenders offer this option. It should actually be one of the first questions the homeowner asks when inquiring about re-financing programs. Doing so will save homeowners, who are seeking a cash out re-finance, a great deal of time.

How Can the Cash be Used?

For many homeowners the most appealing aspect of cash out re-financing is that the additional funds can be used for any purpose desired by the homeowner. The homeowner does not even have to offer the lender an explanation of how the additional funds will be used. This is important because once the lender writes the check for the additional funds, he has no concern for how the money is used. This is because the amount of the additional funds is rolled into the re-financed mortgage. The lender simply focuses on the homeowner’s ability to repay the mortgage and is not concerned with how the homeowner uses the funds which are released in the cash out.

While the purpose of a cash out re-finance does not have to be disclosed to the lender, the homeowner would be wise to use these funds in a judicious manner. This is because the homeowner will be responsible for repaying these funds to the lender. Some of the popular uses for funds collected from cash out re-financing include:

* Undertaking home improvement projects
* Purchasing items for the home
* Taking a dream vacation
* Putting money in a child’s tuition fund or
* Purchasing a vehicle
* Starting a small business

All of the reasons listed above are excellent uses of a cash out re-finance option. Homeowners who are considering this type of a re-financing option should also consider whether or not the deductions are tax deductible. Using the cash out option to make home improvements is jus one example of a situation where the funds can be tax deductible. Homeowners should consult their tax attorney on the matter to determine whether or not they are able to deduct the interest from the repayment of their re-financing loan.

Cash Out Re-Financing Example

The process of a cash out refinancing option is fairly easy to illustrate with a simple example. Consider a homeowner who purchases a $150,000 with a 7% interest. Now consider the homeowner has already repaid $50000 of the loan and would like to borrow an additional $20,000 to make a rather large purchase or invest in a small business. With this additional funding available the homeowners have the opportunity to use the equity in their home to make their dreams come true. In the example above the homeowner may refinance for a total of $120,000 at a lower interest rate such as 6.25%. This process allow the homeowner to take advantage of the existing equity in their home and also allows the homeowner to qualify for a substantial loan at a rate typically reserved for re-financing or home loans.

James Nsien2
NCN Internet Marketing Services

Originally posted 2009-09-11 23:55:34. Republished by Blog Post Promoter

Flipping A House For Cash

July 21st, 2012

Flipping A House For Cash

A lot of people these days are preaching about the buying and holding method of gaining wealth with real estate. There indeed may come a time in your life or business when you’ll want to hang onto a piece of property, although you’ll only be interested in keeping certain types of property. If you’re just starting out, flipping a house may be an ideal way to get started.

Basically, there are three ways that you can flip a house, although each one has it’s own terms, motivation, and type of property. The first method is known as retailing. What this means, is that you buy a house in bad shape, do the repairs to fix it up, then turn around and sell it. There are a variety of houses in need of repairs out there, and several ways that you can quickly flip a house to net profit. All you need to know are the techniques that will get you the most money in the least amount of time.

The second way you can flip a house is though wholesaling. Wholesaling involves finding a home for sale then flipping it to an investor for a fast, yet small profit. To do this, you’ll need to know the real estate investors in your area, the types of homes that flip the best, and how to fund your property so you can flip it to them. If you live in a big area or a city, you’ll find that using the wholesaling method of flipping houses is actually easier to accomplish.

The third way to flip a house is by assigning the purchase. Using this method, you’ll commit to buy the house. Instead of closing the deal yourself, you’ll assign it to a real estate investor – of course for a small fee. The investor will take the contract over and close the purchase themselves – flipping the house. This can be very profitable, especially if you invest in the right home. You don’t need to have your contract worded any special way to be legal, although you will need to determine the assignment fee.

If you’re looking to break into the real estate market and make big bucks, you’ll need to learn all about flipping houses. Flipping houses is very profitable, especially once you have learned the basics. The first and third methods are the best, although they will both take quite a bit of work on your part. Restoring homes isn’t easy, and you’ll need to have a team qualified to handle any repairs. Assigning the purchase may be difficult when you first start out, although it will get easier with time. If you stay at it and do your best to make a profit – you’ll be an expert at flipping homes in no time at all.

James Nsien2
NCN Real Estate Investments, LLC

Originally posted 2009-08-25 22:47:07. Republished by Blog Post Promoter

How to Capture Streaming Video

July 21st, 2012

How to Capture Streaming Video

Streaming video is actually available through a number of different formats. Many people are aware of streaming video on the internet, since this is roughly when the term began to be used. Prior to this, video was often streamed in other ways, but there was no need to differentiate between the methods of transfer since the streaming method was not used to the extent that it is used today. Streaming is the way in which the video is sent. It is sent between the supplier and the recipient in a real time manner. The information is being sent on a constant basis so that the individual consumer will be able to pick it up or open it whenever they want. Obviously the internet is able to accomplish this since it is open twenty four hours a day. On the internet, there are a number of ways to capture, or record streaming video. One of the simplest ways is through getting a software program that will allow the individual to record the streaming video of the individual’s choice over the internet. In some other cases, there will be an option to download the streaming video. Another option is that the hyperlink for the streaming video will be offered, and this link can be posted or imbedded in other areas to make the streaming video more accessible in a certain area. Many people will add a video to their blogging site in order to access certain videos with more ease.

However, the internet is not the only forum through which streaming video is offered. One of the first venues to offer streaming video was the television. Television channels are also offering streaming video at virtually all times. Channels and stations are perpetually broadcasting, waiting to be picked up by the consumers. When it comes to capturing this type of streaming video, many people are actually very prepared with the process. By setting up a video cassette recorder, an individual isable to record the video that is streaming into their TV and capture it on the video cassette that is in their VCR. As the technology of the time progressed, it also became possible to record onto a disc.

Many DVD players will now allow the individual to capture the video and burn it on to the disc. In both of these cases, it is possible to then transfer the captured video over that medium, either the cassette or the disc. Capturing streaming video is very important to many people because it allows them to transfer information and save different types of information in a very simple and convenient way. In order for our society to grow and develop, it is very important that we are able to share information between ourselves and through capturing streaming video we are able to do just that in many ways, which makes it more effective as a way of sharing ideas as well. Information through streaming video can be captured by news stations and individuals, and can be used for personal and professional reasons.

James Nsien2
NCN Internet Marketing services

Originally posted 2009-12-24 18:10:37. Republished by Blog Post Promoter

Writing Articles is an Affordable Internet Marketing Method

July 21st, 2012

Writing Articles is an Affordable Internet Marketing Method

From Google, a keyword suggestion tool, you will see the millions of searches done to a certain keyword. When these keywords are typed on search boxes of search engines, indexed websites containing articles with those keywords will be displayed. And this is what leads traffic to websites with keyword-rich articles. Yes, the magic word is articles.

Content is king. You can say that again. That is why writing articles is one of the most utilized Internet marketing media today. Internet surfers just can’t get enough of information on various fields. Providing information through these articles is a surefire way to drive hot traffic to your web site.

Why is this so? Here are the benefits that writing articles can give your Internet business.

1. It’s absolutely free.

Too good to be true? Not. Okay, you have to pay for your Internet Service Provider. That’s it. All you need is your thoughts, your computer, and your hands. If you have those, nothing will stop you from typing words that will make you complete that article for your website. On which aspect of that process did you really shell out any cent? Maybe later when your electric bills come.

2. Your website will be noticed in a short period of time.

Submit that article of yours to article directories that get the most web traffic and in no time your web site will be crawled. That is if you don’t forget including your resource box or byline.

3. Obtain back links automatically.

When you submit your articles to directories, surely, other websites will make use of your article too. With the copyright terms of your articles, the URL of your website will still be in tact and will subsequently direct more traffic to your website.

4. Improve your reputation.

As an Internet marketer, if you plainly display your products on your website, you will not gain much conversion rate. Conversion is when your traffic converts to sales. You have to show that you are knowledgeable on your field. And what better way to show that than by writing articles that will allow you some bragging rights, right?

Just make your creative juices flow and jot down or key in those ideas quickly to jump-start your article writing momentum. With those benefits listed above, a writer’s block is the last problem you will ever be able to surmount.

Originally posted 2009-11-08 18:21:28. Republished by Blog Post Promoter

Participating In Banner Exchanges

July 21st, 2012

Participating In Banner Exchanges

Business owners who want to take advantage of Internet marketing strategies such as banner ads but are on a limited budget may find banner exchanges to be quite useful. The ideal use of banner ads would include placing your banner ad on a website which receives a great deal of traffic and attracts an audience who will likely be interested in your products or services. Additionally, this website should not directly compete for your business. This scenario may be difficult to find and even when a business owner is able to find this type of situation, purchasing advertisement space may be expensive especially if it is a highly competitive niche. These business owners may find banner exchanges to be an affordable alternative.

The most appealing factor of banner ad exchanges is the cost effectiveness of these situations. Most banner ad exchange groups are free to participants. Unlike placing a banner ad independently, there is no financial cost for the appearance of the banner ad on another website but the business owner does have an obligation to fulfill. Most banner ad exchanges will find another website to post your advertisement without charging a fee but they will require you to post at least one banner ad, and sometimes more, on your website in exchange for having your banner ad displayed on another website. Many banner ad exchanges will work to attempt to match your banner ad to a relevant website but this is not always possible and your banner ad may wind up on a website which is not relevant to your products or services. This will likely mean that the banner ads will generate very little interest in your products and services. Similarly the advertisements you are asked to post may not complement your website well. You will likely have the opportunity to reject advertisements in particular categories you find to be offensive but will have little control beyond that to moderate the banner ads on your website.

Another very affordable option for placing your banner ads on the Internet may include starting an affiliate marketing campaign. This is an Internet marketing campaign in which website owners, or affiliates, post your banner ad on their website and attempt to promote your products and services for you. The banner ads typically include graphics and text which entice Internet users to click through the ad to your website and also include embedded code which provides you with feedback detailing which affiliates generated the website traffic. This information is necessary because affiliates are typically not paid unless they achieve a desired result such as enticing Internet users to click through the banner ad or make a purchase. The affiliates are typically compensated either on a cost per click basis or a cost per sale basis. Cost per click means the affiliate receives a predetermined amount of money each time a user clicks on the ad. Cost per sale means the affiliate receives either a flat fee or a percentage of the sale for each sale generated by the affiliate. Affiliates may also be paid on a cost per lead basis which means they are compensated when a user performs a specific action such as registering with a website or filling out a survey. Most people favor affiliate programs because it is a cost effective way to place your banner ads online and because they only have to pay affiliates who are successful.

James Nsien2
NCN Internet Marketing Services

Originally posted 2009-09-20 00:12:07. Republished by Blog Post Promoter

Do You Know Which Affiliate Networks To Look Out For When Promoting?

July 21st, 2012

Do You Know Which Affiliate Networks To Look Out For When Promoting?

There are many horror stories about affiliate programs and networks. People have heard them over and over again, that some are even wary of joining one. The stories they may have heard are those related to illegal programs or pyramid schemes. Basically, this kind of market does not have real, worthy product.

You do not want to be associated with these schemes. It is obvious you want to be with a program that offers high quality product that you will readily endorse. The growing number of those who have joined already and are succeeding immensely is proof enough that there are reliable and quality affiliate programs out there.

Why participate in an affiliate program?

It allows you to work part-time. It gives you the opportunity to build a generous residual income. And it makes you an owner of a small business. Affiliate programs have already created lots of millionaires. They are the living testimony of how hard work; continuous prospecting, motivating and training others pay off.

If ever you are deciding to join one, you must take note that you are getting into something that is patterned to what you are capable of. This will be an assurance that you are capable of doing anything to come out successful.

How do you choose a good affiliate program to promote? Here are some tips you may want to look over before choosing one:

1. A program that you like and have interest in. One of the best ways of knowing if that is the kind of program you wish to promote is if you are interested in purchasing the product yourself. If that is the case, chances are, there are many others who are also interested in the same program and products.

2. Look for a program that is of high quality. For instance, look for one that is associated with many experts in that particular industry. This way, you are assured that of the standard of the program you will be joining into.

3. Join in the ones that offer real and viable products. How do you know this? Do some initial research. If possible, track down some of the members and customers to give you testimonial on the credibility of the program.

4. The program that is catering to a growing target market. This will ensure you that there will be more and continuous demands for your referrals. Make inquiries. There are forums and discussions you can participate in to get good and reliable feed-backs.

5. A program with a compensation plan that pays out a residual income and a payout of 30% or more would be a great choice. There are some programs offering this kind of compensation. Look closely for one. Do not waste your time with programs that do not reward substantially for your efforts.

6. Be aware of the minimum quotas that you must fulfill or sales target that is too hard to achieve. Some affiliate programs imposes pre-requisites before you get your commissions. Just be sure that you are capable of attaining their requirements.

7. Select one that has plenty of tools and resources that can help you grow the business in the shortest possible time. Not all affiliate programs have these capacities. Make sure use you decide on one with lots of helpful tools you can use.

8. Check out if the program has a proven system that can allow you to check your networks and compensation. Also check if they have it available online for you to check anytime and anywhere.

9. The program that is offering strong incentives for members to renew their membership each time. The affiliate program that provides continuous help and upgrades for its products have the tendency to retain its members. These things can assure the growth of your networks.

10. Be aware of the things that members are not happy about in a program. Like with the ones mentioned above, you can do your checking at discussion forums. If you know someone in that same program, there is ho harm asking if there are many downsides involved.

Have a thorough and intensive knowledge about the affiliate program and network you will be promoting on.

Knowing the kind of program you are getting yourself into will make you anticipate and prevent any future problems you may encounter.

James Nsien2
NCN Internet Marketing Services

Originally posted 2009-07-25 17:22:01. Republished by Blog Post Promoter

Understanding Foreclosures

July 21st, 2012

“Understanding Foreclosure”
By James Nsien2

Page copy protected against web site content infringement by Copyscape

Foreclosure is the legal and professional proceeding in which a mortgagee, or other lienholder, usually a lender, obtains a court ordered termination of a mortgagor’s equitable right of redemption. Usually a lender obtains a security interest from a borrower who mortgages or pledges an asset like a house to secure the loan. If the borrower defaults and the lender try to repossess the property, courts of equity can grant the borrower the equitable right of redemption if the borrower repays the debt. While this equitable right exists, the lender cannot be sure that it can successfully repossess the property, thus the lender seeks to foreclose the equitable right of redemption. Other lienholders can also foreclose the owner’s right of redemption for other debts, such as for overdue taxes, unpaid contractors’ bills or overdue HOA dues or assessments.

Why Do Home Owners (or Sellers) Go Into Foreclosure?

Sellers stop making payments for a mass of reasons. Few choose to go into foreclosure voluntarily. It’s often an unpredictable result from one of the following:
• jobless, fired or quit job
• lack of ability to continue working due to health conditions
• Extreme debt and mounting bill obligations
• Squabbles with co-owner, divorce
• Job transfer to another state

Negotiating Directly with Sellers in Foreclosure

Investors who specialize in buying foreclosures often prefer to purchase these homes before the foreclosure proceedings are final.

Before approaching a seller in distress, consider:

1. Foreclosure proceedings vary from state to state. In states where mortgages are used, home owners can end up staying in the property for almost a year; whereas, in states where trust deeds are used, a seller has less than four months before the trustee’s sale.

2. Almost every state provides for some period of redemption. This means the seller has an irrevocable right during a certain length of time to cure the default, including paying all foreclosure costs, back interest and missed principal payments, to regain control of the property. For more information, consult a real estate lawyer.

3. Many states also require that buyers give to sellers certain disclosures regarding equity purchases. Failure to provide those notices and to prepare offers on the required paperwork can result in fines, lawsuits or even revocation of sale.

4. Determine whether you’re the type of person who can easily take advantage of a seller’s misfortune under these circumstances and / or put a family out on the street. Others will feign compassion and trick themselves into believing they are “helping” the home owners avoid further embarrassment, but deep inside yourself, you know that’s not true.

What happens when you let your home go into foreclosure?

Lenders will offer a forbearance agreement in order to avoid a foreclosure. A forbearance agreement will allow the borrower to pay a slightly higher payment until the past due loan is brought current.
If the lender is unwilling to work out an agreement they will file a notice of default (NOD) with the county recorders office. Once this is filed the borrower has a three month period in which to pay the past due amount including foreclosure fee’s.
If the loan is not reinstated during the three month period the trustee files a notice of sale. This notice must contain the date, time and location of the sale. The notice of sale is published in a local periodical and posted on the door of the subject property. The trustee must publish the notice at least once per week for three weeks. During the three week period the borrower can still reinstate the loan by paying the past due balance and applicable fee’s. If the sale is postponed more than three times a new notice of sale must be filed.
At the end of the three week period the home is auctioned to the highest bidder who pays with cash or by cashiers check to the lender. The lender then transfers title to the new owner. The now previous owner has no recourse for recovering the home once the title is transferred.

House auctions:

At first glimpse, house auctions hold the stigma of foreclosure. Many house or real estate auctions are the result of foreclosure (after a bank’s foreclosure sale, often one-sided with favor on the bank’s side), but many auctions are the method of choice for special properties or properties that are unique. Many hard to sell properties with special services or eccentricities go the route of the house auction.
Foreclosure sales differ from house auctions in that bidders compete with the bank or lender regarding the home price. If the bank deems the bid too low, it will counter with its own offer and is not averse to the back and forth. Many foreclosures are sold “as is” and the bank is not liable, as are conventional real estate professionals, for unforeseen property blemishes or structural problems. The bank wants to make money despite the mythology that good deals are to be made through foreclosures. It’s caveat emptor or “let the buyer beware.”
In real estate auctions, bidders compete with the other. The seller, along with the auction specialist, determine a comparable market value (CMV) for the house. If there are no CMVs, a minimal or reserve price may be set to begin the auction. The auction ends when the reserve price is met or exceeded. There is no reserve price (absolute auction) in a foreclosure sale, and the best bid is awarded. The house auction sale has a reserve price (restricted auction).
Furthermore house auction services are not free. Typically, home auction fees are 8% to 9% of the home price compared to an average agent commission of 6% in a conventional sale.

Recent report on Mortgage Delinquencies:
US Mortgage Delinquencies Reach Record High in Q4, According to MBA

According to the Mortgage Bankers Association (MBA) of America, mortgage delinquencies climbed 7.88 percent during Q4, the biggest increase since record-keeping began in 1972.

Mortgage Delinquencies Reached  A High of 7.88

A breakdown of the report shows that delinquencies on prime mortgages rose 5.06 percent in Q4 compared to 4.34 percent in Q3, while sub prime mortgage delinquencies surged 21.88 percent. A greater proportion of these delinquencies were attributed to adjustable rate mortgages when compared to fix rate mortgages.

Furthermore, inventory foreclosures associated with sub prime, adjustable rate mortgages were up a record 22.18 percent, which only highlights the fact that these particular types of mortgages along with lax credit standards were behind the housing market collapse. This is much of the reason why the government has implemented their “Making Home Affordable” program where they will offer incentives to persuade mortgage-servicing companies to modify the loans of borrowers who are deemed as being at risk of foreclosure. The program would allow for mortgage-services to lower interest rates as low as 2 percent, extend payment periods, or make other modifications to bring the borrower’s monthly payment down to 31 percent of their income.

James Nsien2
NCN Internet Marketing Services
NCN Real Estate Investments, LLC

Originally posted 2009-04-11 11:50:30. Republished by Blog Post Promoter

Real Estate Investor’s Blind Date

July 21st, 2012

“15 Lucrative Income Streams In Real Estate”

by: JamesNsien2

About one and a half years ago, October 2006, I decided to take a plunge into something that I knew absolutely nothing about after attending a Get Motivated Seminar at the sports arena where the Detroit Pistons basketball team plays NBA Basketball in the city of Auburn Hills, Michigan. The arena was full of people who wanted to hear from great speakers such as ESPN’s Dick Vitale, former U.S. Secretary of State Colin L. Powell, former mayor of N.Y. City Rudy Giuliani, motivational speaker Zig Ziglar and several others.There were additional speakers who spoke about creating wealth in areas such as stock market investing and Real Estate Investing. Those investment topics caught my attention.

I signed up to learn about Real Estate Investing as a means of generating additional income and creating wealth.At the time I knew only a few things about real-estate.I knew that real-estate involved realtors; driving around for days, weeks, and sometimes months looking for a property; looking for and finding a bank or a mortgage company that will loan you money to purchase your new house.Additionally, I knew that being qualified and approved for a loan to purchase a new house, consultation with a real-estate attorney to make sure all of the legal stuffs are in order, and working with a title company were components of real-estate.At the time I knew that much, which wasn’t much at all.However, prior to then, I had been able to go through the process three separate times to purchase my primary residence as I moved from one place to another.

One month after the seminar, I proceeded to attend a three day introductory class to Real Estate Investing.There I found out that there were about fifteen or so different income streams in Real Estate Investing.I was shocked and amazed.Here I was a professional in a different industry sector, confined to my area of expertise and not opening myself up to learning about other things which were happening around me. (The point here is that one needs to continuously learn and grow – learn about things outside of your area of expertise, expand your comfort zone).  I found out that one can generate a substantial income and wealth from any or a combination of the following areas:

·Real Estate Training – (You get to teach others)

·Wholesale Buying


·Lease Option

·Property Management & Cash Flow

·Creative Real Estate Financing

·Asset Protection

·Tax Relief

·Discount Notes and Mortgages

·Manufactured / Mobile Homes & RV Park

·Fixing Up / Rehabbing for Profit

·Tax Liens and Deeds

·Commercial Real Estate Investing

·Land Investment & Development – Domestic

·Land Investment & Development – International

Some of these Real Estate Investing areas are considered earned income, some are passive/residual income, and some are portfolio income.Amazing stuff!In case you’re wondering how much it would cost to get trained in all of the areas above?Good question!How about a cool $130,000.00 plus? Some of these courses are set up so you can have a personal coaching for several months by phone; you get to have a personal mentor come and work with you hands-on for three days – this mentor actually comes to your hometown and work with you; you get three days classroom training (and of course you have to pay for your own transportation, room and board). I decided I could only afford less than a handful of these courses, so I signed up for Wholesale Buying, Foreclosure, Lease Option, and Creative Financing.I learned a lot, I traveled to places like Texas, and Florida, and Ohio to attend these courses in addition to iLinc “on-line lesson” via computer and telephone.Needless to say, I dropped a nice $50k to learn those stuff which I thought was well worth it.

The first thing I did after my first course, which was Wholesale Buying, was that I started driving around looking for deals.The first deal that I came across was a foreclosure auction (mind you, prior to this I had not taken my foreclosure class yet). During my first auction ever, I won a bid on a property that was in a mortgage default for $65,900.00.My winning bid was $700.00 plus a $3000.00 administrative fee to the auction company.For $3700.00 how can I go wrong?I was excited!Then it dawned on me that I have not even seen the property, no photos, nothing.I did not even know where in the city the property was located. This was a Real Estate Investor’s total blind date. Something kept telling me “you shouldn’t go home empty handed tonight – $3700.00?How can you go wrong?”I wrote two checks – one to the bank for $700.00 and another check to the auction company for $3000.00. I was told that a local Title Company will be contacting me in about 2 – 3 weeks for closing.I went home excited but nervous.I was excited because I’ve gotten my first deal, and nervous because I had no idea what I had gotten myself into.

After the auction it was too late in the night to go and check out my first real-estate investment deal.The next morning, I took a drive and found my property boarded up and pretty close to the war zone. The house was a two-story du-plex with aluminum siding missing from the ground level to about three quarter distance up on the second level.It appears the aluminum was missing due to scrap metal’s lucrative potential for the small-time neighborhood entrepreneurs.Immediately adjacent to my house, on one side, is an empty lot followed by a building that is completely un-salvageable – I think it needs to be bulldozed because it’s an eyesore; and on the side of the house are series of empty lots which extend all the way to a very busy street (and across that street is employees’ parking lot at one of the major medical facilities in the city – directly adjacent to the parking lot is the hospital).Directly across the street from my house are several decent nicely kept houses which are still occupied.My new house looked like it had been boarded up for a while.The front and side doors had padlocks on them so I was unable to go inside to check out my new investment deal.

Two weeks went by, I had not heard from the Title Company about closing.Three weeks and one day went by, I called the Title Company and I was told that they knew nothing about closing on that particular property; and that they had not heard from the bank.So I called one of my contractor friends to go with me and check out the property even though I hadn’t heard from Title Company about a possible closing date.When we got to the house we noticed foot-steps in the snow from the left-side of the house towards and around the back of the house ending by a window on the right-side of the house. It appeared that someone had been staying there.Since we had no keys to enter the house properly, we entered through the same window just like the person or persons with the foot-steps in the snow.The stench and garbage inside were awful. With flashlights, we inspected the interior of the house; luckily no one was inside the house to result in any negative encounter.The walls, ceilings, doors, windows, tiles, floors, 2-bath rooms, 2-kitchens – all needed major attention.For $3700.00, I am still thinking “it’s going to be okay.”After-all, I’m an investor now – “I will make it work,” I said to my contractor friend.

After I and my contractor friend came out of the house through the same way we got in, we proceeded to inspect the exterior of the house.That’s when we noticed a “For Sale” sign posted on the front of the house.Mind you, we did not notice this “For Sale” sign when we got there; I think we were too busy paying attention to the foot-steps in the snow.

My house is For Sale?How can that be? This is a Mistake!I bought this house at an auction and I got papers to proof it.It’s got to be a major Mistake.My contractor friend says to me jokingly “call the listing agent and find out how much they want for your house.”Good idea!So I called the listing agent and was told that the bank has it listed with them and that they’re asking for $9800.00. “MMmmmmm, interesting, thank you”, I said to the listing agent.Now I am really confused.“Why does the bank have my house listed when I just bought it at an auction?” I asked my contractor friend.“I don’t know,” he said.

Over the next day and a half, I made several phone calls attempting to contact the auction company, but was unable to talk to a person.So I left several messages.About a couple of days later I received a letter from the auction company telling me that the bank did not accept my auction bid of $700.00 and that they would refund all of my money – which was a total of $3700.00 ($700 + $3000).  The letter went on to say that the bank would put the house back on the market for interested buyers.I was somewhat left with mixed emotion – I was going to get my money back, however, this was also my first real-estate investment deal which I felt I could “make it work” with substantial return on investment.

I called the listing agent again and asked them “what is the lowest offer the bank will accept?”I was told $8600.00.I said “okay, I’ll make an offer but not for $8600.00.”The listing agent told me to go for it – “all they can say is yes or no,” he said.

Since I was going to pay $3700.00 total at the auction, I turned around and submitted my offer to the bank for $3700.00.On the offer sheet I stated that I would not pay for any back-taxes or water-bill.To my surprise, the bank accepted my offer.I closed on the property for a total out-of-pocket of $4165.00.Oh, by-the-way, the bank ended up bringing more to closing than I did – they ended up paying $5630.00 for a water-lien on the property.

I proceeded and rehabbed the property and now renting it for $800.00 per month ($400.00 for each apartment unit).In this economy, at that neighborhood, my house was recently appraised for $46,000.00.Not bad!

I have since completed my four Real Estate Investment training courses.I now have 5 rental units which are currently generating positive cash flow.I am now equipped with knowledge on real-estate that I never dream about prior to attending that Get Motivated seminar at the Palace of Auburn Hills in Michigan.I cannot wait for the housing market to turn around so I can “turn-on” my newly discovered pipeline full-scale.

The point here is that when you get a chance to learn something new or attend a seminar, don’t take it lightly.Go for it, spend some time and money and educate yourself.You may end up learning something or acquiring new skills that will last you a lifetime.

James Nsien2
NCN Internet Marketing Services

Originally posted 2008-07-14 20:26:45. Republished by Blog Post Promoter


July 21st, 2012


Nikon is a camera brand, best known for producing SLR camera. As with the boom of digital cameras all over the world, Nikon joined the bandwagon by producing what they make best, thus the new era of the Nikon digital camera was born – digital SLR.

One of the best in DSLR, the Nikon digital camera called Nikon D70 is 6-mega pixel Nikon digital camera. Coated with polycarbonate over its stainless steel chassis, this Nikon digital camera is furnished with a 50mm AF Nikkor lens that can combine with an 18-70mm kit lens and still be portable enough to be carried around. It has a 200-1600 ISO effective speed range, great for taking pictures both in the shade and under the sun. and why won’t it be?! With its three frames per second continuous shooting rate and its 1/8000 second shutter speed, taking pictures is as easy as clicking away and having fun. this Nikon digital camera is supported with a Flash card.

Another SLR from Nikon is the Nikon Coolpix 8800. An 8-mega pixel Nikon digital camera, the Coolpix 8800 has a compact body. Furnished with a 1.8 inch flip-out and swivel LCD, this baby is surely first rate SLR. This Nikon digital camera features an image stabilizer system to reduce camera shakes particularly on long shots since this gadget can zoom up to 10x (optical zoom) and can focus to up to 3cm in macro mode with its 35-350mm lens. Key controls are very user-friendly, with modes such as sensitivity, image size/quality and white balance – found directly with the mode dial. The image output quality is the middle name of this Nikon digital camera, with great detail rendition, color fidelity and saturation. a rather exceptional feature of the 8800 is the continuous shooting modes, where users can choose 1.2 or 2.3 frames per second. A bit bulky to carry around, the 8800 is perfect for shooting action and sports shots. The 8800 works with a Compact Flash card for storing up your images.

Another digital SLR from Nikon is the Nikon D50. A 6.1 mega pixel Nikon digital camera, this gadget has 7 varied modes to shoot from using its AF-S DX Zoom Nikkor 18-55mm lens. These modes are Auto, Portrait, Landscape, Close Up, Sports, Night Portrait and Child. To see the images that you took, this Nikon digital camera is furnished with a 2.0 inch LCD screen. How fast can this camera shoot? It has 2.5 frames per second and with uninterrupted shooting of up to 137 frames per second. This Nikon digital camera is not too bad, especially for novice photographers. This package also includes a software for touching up, editing and sharing your pictures. The software even enables you to burn your images to VCD or DVD format.

One of the first point and shoot Nikon digital cameras is the Nikon Coolpix 4800. A four mega pixel Nikon digital camera, the old school designed 4800 is equipped with a 1.8 inch LCD screen for viewing your pictures. The 4800 is an 8.3x zoom Nikon digital camera with 6-50mm Nikkor Ed lens that zooms quickly and has continuous auto focusing (a feature where your lens is always trying to keep your pictures sharp). It also allows users to shoot, record and playback short movie clips with its assist and excellent scene modes – meaning that includes providing outlines for portraits (for tweaking purposes), exposure and sensitivity settings. These features are very helpful especially for novice photographers that want to try their hands at photography. Along with that, it comes with a 13.5MB SD card and the Li-on battery pack.

Remember to check out Nikon’s website at or to see the latest Nikon digital cameras.

James Nsien2
NCN Internet Marketing Services

Originally posted 2010-03-19 17:22:40. Republished by Blog Post Promoter