Clipmarks | dquinter's clips

6 mistakes men make w/ sex

Fri, 27 Jun 2008 20:24:08 GMT

clipped by: dquinter
clipper's remarks: Hey guys, think you know everything there is to know about having sex with women? That erotic encyclopedia you carry around in your head may contain a lot of basic errors and omissions about women's sexuality

Men often make assumptions about what a woman wants based upon what they've done with other women. But women aren't all the same.

Clip Source: men.webmd.com

Some women can't have an orgasm with less than 3,000 rpm. No human tongue or fingers can generate that kind of vibration. But men typically think something is wrong if a woman needs a vibrator.

The inside of the vagina is probably less sensitive than the outer parts for most women. Also, deep thrusting may not feel so nice on the receiving end. If the penis is too long, "it feels like you're getting punched in the stomach," Paget says. "It makes you feel nauseous."

How can you find out how she likes to be touched? Try asking her.

Some women tend to get wetter than others, and how much natural lubrication a woman has can change from day to day. It varies by the phase of her menstrual cycle, and it's subject to influences like stress and medications.

A lot of guys think they should be silent during sex, but unless you speak up, your partner has to guess what's doing it for you and what isn't.

Another reason to ONLY buy notes in 2008

Sat, 21 Jun 2008 06:38:23 GMT

clipped by: dquinter
clipper's remarks: Here's why we have to open our private money fund ASAP.

Clip Source: briandickersonflips.com

To summarize:
1. FHA no longer requires 90-day seasoning, but only on properties aquired through foreclosure.
2. FHA still requires houses be in “safe, secure and sound” condition.
3. This lifting of the seasoning requirement is for one year. It started on June 9, 2008, and continues through June 9, 2009.
4. MOST IMPORTANTLY, THIS WOULD ONLY HELP YOU IF YOU BUY NOTES OR HOLD MORTGAGES. If you are buying properties through the foreclosure or REO process, you still have to wait 90 days with FHA buyers.

Tags: notes, real estate, foreclosure, fha, seasoning

Lure of a deal starts to bring buyers back

Sun, 11 May 2008 11:27:59 GMT

clipped by: dquinter
clipper's remarks: An article describing all the stuff we have learned by simply being involved.

Clip Source: www.sanluisobispo.com

“If a house is priced well it will sell at its current price, close to it or above it,’’Midkiff said. “Last year, the phone didn’t ring. This year, the buyers are out there. They want the best deal they possibly can, but they’re willing to put in the offers to see if they can get something.”

“Most are investors, not firsttime homebuyers,” Cooper said of those asking about foreclosed properties. “This is a league for professionals. You have to have cash and know what you’re doing.”

savvy buyers who know the market and have a handle on their own finances will still be able to find good properties.

Brown noted that homebuyers today will pay a premium on the price if they have less than a perfect score.

But real estate experts also caution that buying a home now has its challenges for firsttime buyers and investors.

We will start to see a gradual improvement (in 2008) of sales and a little bit of softening in prices

IRS, trusts, no TIN required

Wed, 09 Apr 2008 23:18:19 GMT

clipped by: dquinter
clipper's remarks: This article states that the trust does NOT need a TIN.

Clip Source: www.realestateforprofit.com

you need to get a tax ID number for your LLC that is the beneficiary of a land trust. However, DO NOT get a tax ID number for a grantor Land trust. It IS a pass thru entity and does not need the number or the attention of the IRS.

Not a "pass-through"...it's a "see through." The IRS does not accept a bifurcation of land Uses via trusts: ergo, a beneficiary of one with at least a 10% interest is an owner of the real estate in the eyes of the IRS (See RR 92-105)...ergo, possessing all the same tax benefits as any RE owner so long as their is a contractual obligation to pay all deductible payments, and so long as the property is wualied under IRC 163 and 167 respectively..

Tags: asset protection, irs code, real estate, trusts

IRS, trusts, and TINs

Wed, 09 Apr 2008 23:10:32 GMT

clipped by: dquinter
clipper's remarks: Does a trust have to file for a TIN? This article does NOT answer the question but it may lead to an answer.

Clip Source: findarticles.com

If the trust does not have a TIN because the trust was reporting pursuant to Regulations section 1-671-4(b)(2)(i)(A) (which refers to reporting under the Social Security number of the grantor), the trustee must obtain one unless the Form 1041 does not have to be filed. The trust does not have to file a Form 1041 for its taxable year ending after the date of the decedent's death if the following conditions are met: 1) The Form 1041 for the estate's first trust for the taxable year is filed before the due date for filing a Form 1041 for the taxable year ending after the date of the decedent's death; 2) The trust items attributable to the decedent are reported pursuant to Regulations section 1.6714(bX2Xi)A) or (B) (grantor trusts); and 3) The entire trust is a qualified revocable trust.

Tags: trusts, asset protection, irs code, real estate

Virus Infection Battles Brain Cancer

Wed, 12 Mar 2008 06:07:32 GMT

clipped by: dquinter
clipper's remarks: Using a modified version of the rabbies virus to kill cancer. Incredible!!!

Clip Source: dsc.discovery.com

Curing a disease by causing another one seems counter-intuitive, but that's just what scientists at Yale University have done.

Specifically, they have modified a virus and injected it into mice with several kinds of inoperable brain cancer. Three days later, the tumors were gone.

Tags: cancer, health, virus

Year of the Rat

Tue, 12 Feb 2008 09:28:57 GMT

clipped by: dquinter
clipper's remarks: Interesting how this astrology article goes in sync with all the economy stuff we've been reading about. It also connects with Cedrics Chart.

Clip Source: astrology.about.com

Rat years are always choppy and appeal mostly to those with a finely-developed sense of economy. But the Earth Rat year (The last one was 1948) is also chockablock with market upsets and other unspeakable bolts from the blue. NO. I can't tell you what color, size or shape the bolts will be. Just think surprise events which jolt your synapses and give your heart goose bumps. I am not threatening earthquakes or typhoons, although we will surely see our share of those. The bolts from the blue will be more personal than that. They will take the form of accidents or mishaps due to inattention, clumsiness or pure bad luck. In an Earth Rat year, we learn (usually the hard way) that we cannot possibly anticipate what might happen next

Worry is a waste of your precious time. What you worry about today will certainly not happen

Just be more cautious than usual about wasting -- both time and money.

Tags: optional. separate by commas., profit

HELOC tightening

Mon, 11 Feb 2008 18:39:44 GMT

clipped by: dquinter
clipper's remarks: An article relating to the HELOC tightening Mr. Bruce Norris mentioned at the seminar last week.

Clip Source: realestate.aol.com

To head off more defaults, Countywide sent out letters to 122,000 homeowners last week informing them that their home equity credit lines were shut down since their estimated home values had dropped below their loan amounts.

Right behind Countrywide was Chase Home Lending, which notified borrowers in Los Angeles, Imperial and Orange Counties that they could tap their credit lines for no more than 70% of the value of their house. Previously, the limit had been 90%.

The Calculated Risk blog, which specializes in real estate and mortgage finance issues, has estimated that mortgage equity withdrawals for the fourth quarter totaled $145 billion. If tightening lending standards are put rapidly into place for home equity loans, it is not inconceivable that $50 billion or more of spending power is instantly removed from the economy.

In other words, at least one-third of the recently passed $150 billion stimulus package is already canceled out.

Tags: optional. separate by commas., bank, real estate, foreclosure

Hard Money: what it is, how to use it

Thu, 08 Nov 2007 02:13:44 GMT

clipped by: dquinter
clipper's remarks: Hard-Money lenders will give you a Pre-Approval (not PreQual) letter within an hour or so. They can also close fast (days not weeks) once their appraisal has been done. Hard-Money lenders qualify the property NOT the borrower unlike a loan from a "conventional" lender!! This means that you can be making $0 income and still qualify for a loan to buy a property!!! Is that incredible or what!

If the deal is good enough don't hesitate to close it and use Hard-Money!

Clip Source: www.thecreativeinvestor.com

Private money loans, also known as hard money and/or bridge loans are becoming more prevalent as borrowers enjoy less red tape, quicker closings and more “common sense” underwriting than conventional financing provides. Typically though, borrowers still rely on this type of financing as an option when conventional sources are not available.

The increased speed and flexible underwriting comes at a steep price with interest only rates often in the teens, 3- 6 points being the norm and loan terms being relatively short at 12 – 36 months.

typically private money scenarios, others include foreclosures, distressed properties, recent bankruptcies, lack of existing cash flow, partnership buy outs, land contract refinances, “need for speed,” etc.

Common positive traits that make the loans financeable include loan to values less than 60% and clear “exit strategies” on how the borrower is going to pay back the private money lender.

Tags: real estate, mortgages, lien, short sale, foreclosure

Greenspan alert on US house prices

Mon, 17 Sep 2007 05:46:45 GMT

clipped by: muckdog
clipper's remarks: More to go?

Clip Source: www.ft.com

Greenspan alert on US house prices

US house prices are likely to fall significantly from their present levels, Alan Greenspan has told the Financial Times, admitting that there was a bubble in the US housing market.

In an interview ahead of the release on Monday of his widely-anticipated memoirs, the former chairman of the Federal Reserve said the decline in house prices “is going to be larger than most people expect”.

Tags: real estate, greenspan

Asset Protection at its Best

Sat, 04 Aug 2007 23:27:52 GMT

clipped by: dquinter
clipper's remarks: Another way to deter creditors. May be kinda dirty? What do you think?

Clip Source: www.realestateforprofit.com

Have you ever heard of the expression, “all developers die broke?” Well, this developer followed the path of most and could not find a new project to fund the negative cash flow (and his personal lifestyle) of the last project. So, he declared bankruptcy and the lenders came after him.

Before the lenders could get a judgment against him he had his WIFE sue him for 2.1 million dollars. Her justification was the promise that her husband had made to her over 20 years ago that he would provide her with 100,000 per year for support. When he declared bankruptcy she sued and some idiot judge let her get a judgment against her husband for 2.1 million dollars.

If the husband spends the rest of his life paying off the wife’s judgment he will be protected against the other creditors!

Tags: asset protection, business

Exercise to prevent Diabetes

Sat, 16 Jun 2007 02:43:55 GMT

clipped by: dquinter
clipper's remarks: Exercise and a healthy diet is the key.

Salud, Dinero, y Amor

Clip Source: www.associatedcontent.com

Other groups have also reported on the beneficial effects of exercise in terms of prevention and treatment of diabetes. University of Missouri researchers found that diabetic rats given an exercise session lasting as little as 15 minutes had increased insulin sensitivity in muscle tissues. Since the majority of blood sugar ends up in muscle tissue, it is reasonable to assume that increased physical exertion would result in a greater uptake of sugar by muscle. This would in turn lower the total required amount of circulating insulin, since insulin concentration does increase when there is a slow rate of glucose clearance from the bloodstream.

Tags: health

Purchasing Condominium: What You Should Know!

Sat, 16 Jun 2007 02:35:05 GMT

clipped by: dquinter
clipper's remarks: A good overview of condominium ownership.

In 2000, according to National Association of Insurance Commissioners, average condo personal insurance policy was $230/year. Condo Insurance policy should include, assessment coverage, saving assessment costs, in the future. The condo Association insurance will pay, a portion of unexpected expenditures.

Clip Source: www.associatedcontent.com

The condo conversion process, takes less than one year.

maintenance fees cover, major upkeep costs, including landscaping. Sometimes, maintenance fees include cable service or other amenities

as interest rates climb, condo market becomes over-saturated or maintenance cost rise, conversion becomes less economical or profitable.

before purchasing a converted conversion unit, how old is the building. Older buildings, repair costs are more frequent, and roof replacement, maybe necessary. If condo Association does not have sufficient reserve funds, for necessary repair work, then owners maybe liable, pay for an assessment.

Recent financial statements issued by the Association(s), regarding maintenance charge, budget, amount in reserve, and assessment cost. Reading past two years of ‘minutes,' provide a review of any scale improvements and any assessment charge.

Condominiums governed by an Association, similar to a corporation, with a governing body, which overseas business.

Tags: condo, real estate

1031 exchange overview

Wed, 13 Jun 2007 21:25:27 GMT

clipped by: dquinter
clipper's remarks: A brief overview of 1031 (and reverse 1031) exchanges.

You may also exchange a single property for multiple properties, or purchase one property from the proceeds of several.

A popular strategy in the past was to acquire a replacement property in an exchange, rent the property out for a year, convert the property to a personal residence and sell it after two years and exclude the capital gain under the home sale exclusion rules. Congress closed this loophole in 2004.

Exchange accomodators: http://www.1031.org/memberLocator/index.asp

Clip Source: biztaxlaw.about.com

The Starker exchange allows you to sell your property first and then buy your replacement property at a later date. This is by far the most common form of 1031 exchanges

if you do not reinvest all of the proceeds from the sale of your property in your new property, you will have to pay tax on the cash (boot) that you keep. Another form of boot is mortgage boot. If the mortgage on the property you sell is less than the mortgage on the replacement property you purchase, you will have to pay tax on that difference unless you invest additional cash into the new property

In a reverse exchange, you purchase your replacement property before you sell your existing one.

You must use an Exchange Accommodation Titleholder (EAT) to take title to your replacement property until you sell your existing property. You then have 45 days to identify the property you will sell and 180 days to close

If your vacation home is solely (or primarily) a rental property, then there is no problem.

Tags: irs code, real estate, mortgages, 1031, exchange, reverse

How to Succeed at Short Sales

Tue, 05 Jun 2007 06:30:12 GMT

clipped by: dquinter
clipper's remarks: With many more adjustable rate mortgages ready to reset to higher loan amounts in the next couple of years, short sales represent a growing sector of the market. However, because sales are time consuming, they aren’t for everyone. "I always say that if you’re going to succeed in short sales, you need the 3 Ps — patience, persistence, and problem solving,"

Clip Source: www.realtor.org

important to understand this distinction if you work in states such as California that have a nonrecourse mortgage, says Churchill. In such states, the lender cannot pursue a deficiency judgment against a seller for any deficiencies after a property is foreclosed. Because of this distinction, sellers who are already in default on a mortgage and do not have the resources to pay off a separate promissory note after a short sale might be better off letting the lender foreclose

A short sale might be rejected if the loan is less than a year old. In such cases, the servicer that’s bought the loan can often require the original lender to buy it back

Tower Group estimated that the entire cost of a foreclosure was $58,759 and took 18 months

liability risk it assumes by owning the property after foreclosures, the money tied up during the holding period for a foreclosure and REO resale, additional costs associated with an REO such as attorneys’ fees, and the additional reserves it will need

Tags: mortgages, real estate, short sale