Working intimately with so many entrepreneurs, I’ve heard a lot of horror stories about virtual assistants.

Tales of mis-hiring, terrible work quality, overbilling, identity theft…

I even heard one story about a new VA taking off to Central America never to be heard from again.

(Okay, that one actually happened to ME!)

I’ve been through it all — good & bad — but I’ve actually worked with the same incredible VA, Christiana, for almost 18 months now. And honestly, having her has changed my life.

VERY few entrepreneurs can grow their businesses & thrive as lone rangers.

There’s a point where you simply HAVE to start exercising only your strengths & outsourcing all your weaknesses if you want to grow.

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Posted on Saturday, 27th June 2009 in Business | Comments (5)

The U.S. Senate is considering a bill that would severely limit the way you do business as a creative real estate investor and, more importantly, is an inexcusable infringement of the property rights of all Americans.

HR 1728, which you can view in its entirety here, deals with a plethora of mortgage-related issues, mostly around limited terms and fees on residential loans.

But the heinous piece of the legislation is in section 101(3)(e), which defines the affected principals as:

(E) does not include, with respect to a residential mortgage loan, a person, estate, or trust that provides mortgage financing for the sale of 1 property in any 36-month period, provided that such loan -

(i) is fully amortizing;
(ii) is with respect to a sale for which the seller determines in good faith and documents that the buyer has a reasonable ability to repay the loan;
(iii) has a fixed rate or an adjustable rate that is adjustable after 5 or more years, subject to reasonable annual and lifetime limitations on interest rate increases; and
(iv) meets any other criteria the Federal banking agencies may prescribe;

Yeah, I know, confusing.

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Posted on Monday, 8th June 2009 in Real Estate | Comments (18)