MLM MasterMinds – Knowing When to Make a Move With Your Business

There is quite a big difference between being cautious and being catatonic. The difference is one will bring you success and the other will bring you failure.

It’s simple. In life, if you don’t make moves you won’t go any where. In business, if you don’t make moves you business wont go anywhere. It is necessary for anyone who wants to improve their livelihood and their business that they take action and bring their business where they want it to be.

Sometimes, especially in MLM, that may mean changing everything, including the mother company you are building your business for. You may need to change your tactics or you may need to invest some money into a form of marketing that shows greater returns. Bu how do you know when to do this?

Everything runs in cycles. There is always a period of time where you are new to a specific action. In business during this time you will make less money because you are learning about your new products, about who wants them, and about the best way to market them. The best way to sum up this period of time is too call it the learning period.

Once you pass this stage you will find yourself in a period of growth. You know what your doing and how to do it. With an MLM business you will begin to see you down line steadily grow and your profits steadily increase. I have watched this happen with my own businesses numerous times and in my own life with personal things even more.

After some time, since buying and selling is all about timing, you will notice, in your MLM business, that your down line has stopped growing. While you will still be making money, this is the time to begin looking at ways to diversify your business. There are many possibilities for diversification that will ensure you sustain making money despite how much you have invested in your business.

If you have not made the correct moves at this point you will enter another stage. This is the stage when your down line is unable to add further growth to their down lines. If you continue to work in the exact same way as you did before you will begin making less money than it takes to run your business, despite how much your business takes to run.

It is of great importance to be aware of the trends of specific businesses and also to be aware of how you can ensure you make the right moves to bring yourself success.

Buy Property in Arlington, Virginia and You’ll Be Making a Great Investment

When I first moved to Arlington, Virginia, I was twelve years old. It was the same year that my parents decided to buy property there, and so this small Virginia town became my home. My parents were commuters to Washington, D.C., both holding government jobs, and our home was just three metro stops and a fifteen-minute drive from their work across the border and the Potomac River. It was a commuters dream: great schools and all the charm of the suburbs, along with an easy drive to and from work. My parents loved it, because the town was full of plenty of families, and thus full of kids to entertain their own. Like most things Virginia, the town is rich in history and to this day the smallest self-governing county in the United States.

Do a little research, and it is not hard to see why so many young professionals decide to buy property there. In 2006 CNN Money named Arlington the most educated city in the United States. Consistently Arlington has among the highest median household incomes, and BusinessWeek ranked it the safest city in which to weather a recession. It has been named among the best places to be rich and single, and Parenting magazine named it the best city for families. Everyone seems to agree that the decision to buy property in Arlington, Virginia is a good one. The resilient economy and great reputation have sustained a lot of growth and development, so parts of the city continue to just get better and better, with small shops and restaurants appearing all over the place. Clarendon, a neighborhood in Arlington, is exemplary of this phenomenon. Growth has primarily been around the metro stops, making environmentally friendly transportation easy and cool.

The neighborhoods of Arlington, Virginia are especially diverse, from Rosslyn, sitting on the Potomac with great views of D.C., to Ballston, a neighborhood that combines a commercial metropolis with suburban wholesomeness. The Pentagon and Arlington National Cemetery are among the most popular tourist attractions, but the real reason to buy property would be the numerous bike trails, the cities walk-ability, the great food, and the general community oriented vibe. Purchase property if you want to make a good investment, raise a family, or spend a decade living outside of D.C. and enjoying all the things two cities, literally walking distance apart, have to offer. I am not sure I appreciated Arlington, Virginia enough growing up, but in retrospect my parents made a great decision moving us there. They invested in a county that spends about half its revenue on education, a place where you can buy property and know that in twenty years your kids will still be benefiting from your sound foresight.

Pre-Closing Steps to Create a Great Residential Investment

An investor can easily step back after placing a project under contract and feel that until closing that there is little or nothing to do. Unfortunately, this is a critical mistake. Nothing could be further from the truth. Investors have to look beyond the closing activity and focus on their reports, market studies, and other information to develop plans, budgets, capital improvements, schedules, staffing and service additions to boost earnings, reduce costs, and otherwise secure the investment.

Sometimes thousands of dollars per month can be cut with a program of leak repairs.

Developing plans to place units on individual meters can net $30 to $60 per unit in additional profitability.

Examining the current management’s operation and developing techniques to add value that converts to higher rents or higher occupancy can net huge results. In one case I’ve seen effective occupancy was 84%. By changing office hours effective occupancy increased 10% and increased the property value by more than 50% because of the marginal effect on profits.

Creating plans to accelerate changes to the property to reposition or to turn over underpaying residents can create huge increases in revenue, profitability and value. Couple this with a plan to sell the property quickly after taking over and very large gains can be netted to the investors in a very short period of time.

In another instance the property had several undeveloped unoccupied plots. Keeping these off the note actually increases the value of the property because in general value is based upon profitability for the rented units. In turn, the buyer can turn around and potentially sell plots to achieve an immediate gain.

Ideas like these are found by walking through the historical expenses, old utility statements, the appraisal, the engineering report and surveys. Next, you should examine the properties zoning and see what opportunities this may offer.

The thorough buyer will spend days investigating competing properties management and marketing. Often times, there are differences that can be exploited for real gains.

Finally, traffic studies should be reviewed and frontage compared. If a property can be acquired with strong traffic seeking signage permits often can creates significant revenue for investors.

In short, the pre-closing period is an opportunity to examine your asset and with imagination, dedication, study, and intense review profits can be increased, risks can be reduced, plans to make early gains developed and the general asset value heightened to the advantage of you and your investors. Good luck and great investing!