Quotes of the Day

Simply screen tenants by calling their prior landlords, checking their credit history to find out if they've missed many payments in the past, confirming their income, and having them fill out rental applications. Many landlords don't take these steps, which I suspect is where most real estate horror stories come from. [2017] - Calum Ross

Smile if you notice someone cute on the subway, in the elevator in your building, or at your job. If you see this person a second time, you say something like, "it looks like we're on the same schedule. My name is... And you?" Then, follow up with a question, such as "Do you work (or live) in the building? I live (or work) on the seventeenth floor." The socially confident know that they often have to make the first move and be a bit forthcoming. [2004] - Bonnie Jacobson

The two major reasons that people buy or don't buy, respectively, are desire for gain and fear of loss. Your first task is to help your prospect understand how much better his life or work would be with your product compared to the way it is now. People are much more motivated to buy if they feel they are going to lose something by not buying, than they are in anticipation of the benefits they will enjoy if they do buy. [2004] - Brian Tracy

The terms "REO property" and "foreclosed property" are often used interchangeably, but both refer to the same concept: a bank-owned property. Today, REOs are usually listed on the MLS. The homes are listed through local real estate agents and sold to the higher or best buyer. REOs can be exceptionally good for investors for two reasons. 1. There is usually something distressed about the property. Many people simply avoid these properties, because they don't want to deal with the problems. 2. Banks are not likely to get offended by a low offer and will look at your offer analytically, not emotionally. For this reason, banks are often willing to drop their price fast to get the property sold and off their books. [2015] - Brandon Turner

Exercise bands come in different colors to indicate different levels of resistance. Generally, they progress from yellow, which is the lightest, to red, green, blue, gray, and black, which is the heaviest. In addition, some exercise bands—called continuous bands—come as a loop, while others are just straight and must be tied into a loop for certain exercises. [2015] - Vonda Wright