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Chapter 4: Take Advantage Of The Housing Crisis
Synopsis
Taking advantage of almost anything is one way of staying ahead of the money game. Taking advantage of the housing crisis should be no different and with a little knowledge one should be able to successfully tap into this opportunity with positive results.
Housing
Generally when there is a housing crisis most people will find themselves in a very difficult position. Some will have to give up their homes as they will no longer be able to meet the mortgages while other maybe more interested in leasing properties for longer terms until the situation rights itself.
In such circumstances getting into the leasing property business as an opportunity to capitalize and make a tidy sum of money would be advised. However because it is now a renter’s market capitalizing on this does have its disadvantages as now the renter will have a wider array of choice properties to choose from.
Therefore there would be a need to ensure the property available for leasing is of a compatible standard and appealing both in looks as well as price.
There is also the avenue of making money during the housing crisis by buying up properties and rock bottom prices. This is of course only possible if one has a healthy cash flow for long term investment opportunities.
Very good profits can be made when the housing market goes back to a more acceptable state whereby the said properties can then be sold for a handsome profit.
There are also other advantages that can be enjoyed when there is a housing crisis. These may include a lot of freebies that would otherwise not be available.
These freebies can range from zero moving costs to better rental rates. If the individual is looking to make a purchase on a property the housing crisis can bring about the possibility of buying a property that would have originally been out of his or her reach.
Chapter 5: Get Serious About Internet Marketing
Synopsis
Internet marketing is the most popular platform for today’s business entrepreneur. In most cases it only takes a little time and effort and comparatively a very small monetary investment, and for this one is able to reach all corners of the world and its potential customers.
Net Marketing
The following are some reasons as to why one should consider internet marketing for this purpose:
For an individual considering a business venture but has a very limited financial capital, the internet marketing is an ideal platform to exploit for the purpose of getting the product or service recognized. Exposing the individual’s endeavor to a huge audience base is priceless, and this is done quickly and easily when compared with more conventional methods.
The low start up cost and the low operating cost will also allow for great tax relief if there is any at all. When a business takes off the last thing one wants to worry about is how much of the income is taxable. Most governing bodies encourage these types of endeavors over the internet and this in turn helps the individual enjoy good tax breaks.
The high profit margin is also another attractive feature offered to those using the internet for marketing optimization. Not having to hire a large team of people and all the details that come with it is a welcome relief in terms of expenses kept low or minimal.
Then there is the time factor which some find very pleasing indeed. The freedom of having the choice to work at one’s own pace and time schedule can be a good criterion for those not interested in being stressed out.
There is also the interesting element of not having to market or invent your own product. As there is a wonderfully huge list of items available to be marketed on the internet, choosing to sell through affiliates is beneficial.
Chapter 6: The Down Side To Not Cashing In On Opportunities
Synopsis
Exploring opportunities is not something that can be done in the blink of an eye, though for the gifted few it is not an impossible feat.
However with a little bit of in depth knowledge, patience and some know how abilities, it is not impossible to succeed in choosing the right opportunities.
Sitting on the side lines and hoping or waiting for some opportunity to come by on a silver platter is often not only silly but rather unrealistic.
If individuals adopt this kind of attitude, opportunities may never come their way and even if it does it would be unlikely that they would be able to recognize it and make the best of the opportunity being presented.
Some Tips
Being more open minded and alert allows an individual to be more aware of any opportunities that may arise. Most people miss opportunities because they are too focused on the smaller picture and thus miss the immeasurable possibilities the opportunities may present.
Missed opportunities not only don’t benefit, it can also cause the individual to become resentful and bitter especially when those around are busy making it “big”.
This negative effect will eventually fester into making the individual think of himself or herself unlucky, regretful and thus more closed off as the unpleasantness of always missing the opportunity boat becomes a norm.
Risk takers are more likely to take on any opportunity and make the best of it even if the opportunity does not turn out as expected.
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