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| Where Do You Want to Invest This Year? |
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Real Estate For Busy Professionals Blog
Jerry Jones
Welcome to the Members-Only Blog Area.
| Thursday, Nov 27, 2008 |
| Turkey for me, Turkey for you... |
| By Jerry Jones |
| Thursday, Nov 27, 2008 12:35 |
| Evenin', One of my all-time favorite songs is Adam Sandler's Thanksgiving song. It's so damn hilarious! If you haven't heard it, go to iTunes and download it. Anyway, this is lame, I know, but, you deserve a Happy Thanksgiving from me whether it comes in your electronic in-box or in the mail. I was far too slow and behind to get anything in the mail this year, but in 2009, you can bet I won't make that mistake. I hope this email finds you happy, well, stoked for the gluttony of tomorrow, and most importantly, thankful for who, what and where you are. Enjoy your family, Jerry P.S. My mother-in-law and her husband are coming over tomorrow. My wonderful wife Tracy is making turkey pot pies and mashed taters done the right way - sour cream, cream cheese, half-and-half and butter. Of course there will be some veggies around. They avoid me and I am certain to steer clear of them. Say a word or two for our military families. They deserve our thanks more than anyone. |
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| Tuesday, Nov 04, 2008 |
| Depreciation - How to Use It to Your Almost Unfair Advantage |
| By Jerry Jones |
| Tuesday, Nov 04, 2008 02:52 |
| The last couple of posts I've written, I've talked about depreciation some.
You know what BAD depreciation is (see last two posts).
So what is GOOD depreciation?
Answer: The kind that is associated with Real Estate Investments!
OK, so smarty, here's the real definition for Depreciation associated with real estate investments...
Checking my handy-dandy Barron's Real Estate Guide, here's what if says:
"Realty that is subject to deductions for depreciation. Depreciation here, is allocating the cost of an asset over its useful life."
What that means is that every year, you get to DEPRECIATE your property and take a DEDUCTION OFF YOUR TAXES for this depreciation.
How cool is that?
I'll tell you...but you have to wait for the next BLOG post. But, trust me, you'll like it even more, and then, all this depreciation stuff will tie in together.
Oh, BTW, if you've bought a new car in the last 2 weeks AND have been a reader of my Blog, SHAME ON YOU!
Adios, Jerry |
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Here's what people are saying ...
A Nice $40,000 Profit...
"Jerry, Matt and I just wholesaled another house that we had
an option on. Optioned it for $135,000 two weeks ago. Needs about $40,000 in
rehab that we do not want to do. Matt ran an ad in the classifieds last week and
put a For Sale Handyman Special sign in the front yard. Also talked it up at the
REIA meetings. Had over 60 responses and 4 offers. Sold it for $175,000. Close
next Tuesday. Nice $40,000 profit for doing virtually nothing. I love this
business."
-Greg Sneyd , Salt
Lake City, UT
$30,000 to $40,000 For 6 Hours Work...
"I’m a member of Jerry’s Over the Shoulder Program and
have done a few deals with Jerry himself, and I can go on and on. This week I’m
about to finalize on two preforclosure properties that will net me about $15,000
to $20,000 on each property. That’s $30,000 to $40,000 for 6 hours work. I
currently have about 16 deals going on at some level with more being added each
week. Just do the math and see what kind of income can be made here and have fun
at the same time. I never dreamed about doing this a year ago."
-Larry K Litman DDS, Champaign, IL
Real Estate is Something Every Person Should Know
About...
"To obtain another stream of income to give piece of mind.
Real estate is something every person should know about. Knowledge is power!"
-Dr. Thomas Zafiratos, Las Vegas, NV
Net Profits in Excess of $200,000...
"Jerry, We’re about to close on several real estate deals that
will net us in excess of $200,000.00. What we learned at your Real Estate Boot
Camp for Busy Dentists was the kick-off point. This truly is an amazing business
and incredibly lucrative. The best part is, I have my kids involved, too, and
they are developing and using skills to earn very substantial incomes that will
last a lifetime...even through good and bad economic times. THANK YOU!"
-Dr. Larry & Mrs.
Gail Litman, IL
There is Huge Opportunity...
"Jerry, I believe that to be successful that you have to be
counter-intuitive. This is not for everyone. It is only for people that can
be open-minded and take massive action on this information. There is huge
opportunity for us to help other people (get out of a bad situation) which
is the same reason we become dentists to begin with. Thanks Jerry and
staff!"
-Dr. Daniel D. Finn, Perry, IA
$4.8 Million Dollar Commercial Property...No Personal
Money Down...
"We applied one strategy that
we learned and successfully negotiated a Letter of Intent for a $4.8
million dollar commercial property that only required us to put down
$50,000 (and not even use our money for the down payment!). You and your
instructors are all experts in the varying aspects of real estate
investing, and I highly recommend your training to any dentist and their
spouse, business partner and friends who have the desire to create
wealth and supplement their current income and add to their retirement
portfolio. I’ve been a perpetual student of real estate investing for
over 20 years and your training is perfect for anyone who has an
interest in furthering their education and knowledge base. Whether
they’re brand new to real estate, or a seasoned investor, your Real
Estate training is a valuable asset that continues to payback
infinitely."
-Frank William Wolf, DDS, Cave Creek, AZ
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About Jerry Jones
