Lance Edwards is living proof of his mantra that you don't have to "graduate" from single family to multifamily - you can start with multifamily, just like he did. Lance purchased his first deal (a four-plex apartment) in March, 2003 - nothing down. Over the next 2 years, he went on to purchase 50 properties nothing down on a part-time basis, while working his full-time corporate job. In July, 2005, investing in apartments allowed Lance to retire from his 20-year corporate career to start a full-time real estate business that acquires and flips multifamily properties. In 2007, he added his training business to teach others how to create faster financial freedom by investing in apartments using none of their own money. Lance has students nationwide using his system to profit from flipping and buying apartments using none of their own cash. Lance has been speaking on how to raise private money and multifamily real estate investing to large and small groups since 2005. Even though Lance is based in Houston, he has spoken to real estate investment groups in all major cities in Texas, California, NC, Florida, and many other states. Lance engages the audience quickly and offers up more detailed information for free during his talks than most other fee paid speakers' events. Lance also provides something that other gurus never do, Mindset Training. Anyone can speak about the skillset, but frankly, many students have a collection of dusty books, binders and tape packs sitting on the shelf with nothing but a receipt to show for it. Without the proper Mindset, unused skillset is a waste of time and money. This is why Lance's students who adopt his mindset training succeed with his skillset every time. Mindset training is included with every one of his classes and product offerings.
One of the most beautiful and exciting qualities about blogging is that you can create a blog that deals with any subject area that you are either knowledgeable or passionate about (and preferably both!). You can write about personal finance, careers, real estate, getting into business, technology, cooking, travel, personal health, or just about any topic you choose.
Housing bubble-era mortgage loans were especially attractive to subprime borrowers with little demonstrable income or assets, and lenders were only too happy to accommodate them. Hedge funds employ tremendous borrowing, which is needed to achieve the superior returns needed to justify high fees for investors. Private equity funds also use heavy borrowing, typically loading the corporations they take private and clean up with heavy debt and using the proceeds to pay dividends to their investors.
However, if you're looking for realistic ways you can start earning money online now, then it really truly does boil down to seven paths you can take towards profit. Some will provide you with immediate results, helping you to address your basic monthly necessities such as rent, utilities and groceries, while others have the potential to transform your life by revolutionizing your finances in the long term.
Online savings accounts usually come with crazy good interest rates to help you grow your money faster (regular in-person banks can’t offer rates as high). We’re fans of CIT Bank and Discover Bank (among others) because their interest rates are often over 25 times the national average. That means the money in your savings account will grow 25 times faster than the pace it’s most likely growing at now. Really, though, you can’t go wrong with pretty much any online savings account that offers over 1.50% APY 🙂