Addicted to Real Estate – Why I Can’t Stop and Why You Should Start

The All-Money-Down TechniqueSo how does the all-money-down technique work by purchasing a home with cash? First of all, let me repeat that I really didn’t have any cash, but I had a significant amount of equity from Terry’s home and several homes that I owned put together to give me a substantial cash down payment. Banks and mortgage companies alike will accept money from a home-equity line of credit as cash to purchase a home. At least they did in 1997 under the financial guidelines of the day. What you must remember about mortgages and lending is that the guidelines change constantly, so this technique I used in 1997 may or may not be able to be used in the future. Whether it is or isn’t able to be used again doesn’t really matter to me as I believe that there will always be a way to buy real estate with limited money down sooner or later. There will always be a technique to acquire real estate but exactly how that will be done in the future I’m not completely sure.I began purchasing homes in the Mayfair section of Philadelphia with the prices in the $30,000 to $40,000 per home price range. I would purchase a home with three bedrooms and one bathroom on the second floor with a kitchen, dining room, and living room on the first floor and a basement. What we call a row home in Philadelphia would consist of a porch out front and a backyard the width of the home. Most row homes in Philadelphia are less than twenty-two feet wide. For those of you who are not from Philadelphia and can’t picture what a Philadelphia row home looks like, I suggest you watch the movie Rocky. Twenty-two homes on each side of every block will really test your ability to be a neighbor. Things that will usually cause an argument with your Philadelphia neighbors often stem from parking, noise your children make, where you leave your trash cans, parties, and the appearance of your home.In 1998 my girlfriend and I moved in together and to the suburbs of Philadelphia called Warminster. After living on a street in Tacony, much like Rocky did, I really looked forward to having space between my home and my next-door neighbor. I told Terry not to even think about talking with the people who lived next door to us. I told her if one of them comes over with a fruitcake I am going to take it and punt it like a football right into their backyard. I believe I was suffering from Philadelphia row home syndrome. My new neighbors in Warminster turned out to be wonderful people, but it took me eighteen months before I was willing to learn that.So you just bought your row home for $35,000 in Mayfair, and after $2000 in closing costs and $5000 in repair costs, you find yourself a good tenant who wants to rent the home. After renting the home with a positive cash flow of $200 a month, you now have an outstanding debt of $42,000 on your home equity line of credit that will have to be paid off. When purchasing the home, I did not get a mortgage as I just purchased a home for cash as it is said in the business. All monies I spent on this house were spent from the home-equity line of credit.The move now is to pay off your home-equity line of credit so you can go do it again. We now go to a bank with your fixed-up property and tell the mortgage department that you want to do a cash-out refinancing of your real estate investment. It helps to explain that the neighborhood you purchase your property in should have a wider range of pricing as the neighborhood of Mayfair did in the mid-90s. The pricing of homes in Mayfair is quite unusual as you would see a $3000 difference in home values from one block to the next. This was important when doing a cash-out refinancing because it’s pretty easy for the bank to see that I just bought my property for $35,000 regardless of the fact that I did many repairs. I could justify the fact that I’ve spent more money on my home to fix it up, and by putting a tenant in, it was now a profitable piece of real estate from an investment standpoint.If I was lucky like I was many times over doing this system of purchasing homes in Mayfair and the appraiser would use homes a block or two away and come back with an appraisal of $45,000. Back then there were programs allowing an investor to purchase a home for 10 percent down or left in as equity doing a 90 percent cash out refinance giving me back roughly $40,500. Utilizing this technique allowed me to get back most of the money I put down on the property. I basically paid just $1,500 down for this new home. Why did the mortgage companies and the appraisers keep giving me the numbers I wanted? I assume because they wanted the business. I would only tell the bank I need this to come in at $45,000 or I am just keeping it financed as is. They always seemed to give me what I wanted within reason.This whole process took three to four months during which time I may have saved a few thousand dollars. Between the money I saved from my job and my investments and cash out refinancing, I had replenished most or all of my funds from my home-equity line of credit that was now almost back to zero to begin the process again. And that is exactly what I intended to do. I used this system to purchase four to six homes a year utilizing the same money to purchase home after home after home over and over again. In reality, the technique is a no-money down or little money down technique. At the time maybe I had $60,000 in available funds to use to buy homes off of my HELOC, so I would buy a home and then replenish the money. It was a terrific technique that was legal, and I could see my dream of being a real estate investor full-time coming to an eventual reality even though I wasn’t there yet.During the years from 1995 to 2002, the real estate market in Philadelphia made gradual increases of maybe 6 percent as each year went on. I began to track my net worth that was 100 percent equity, meaning I had no other forms of investments to look at when calculating my net worth. Generally speaking, the first five years of my real estate career did not go well because of the bad decisions I made purchasing buildings and the decline in the market. Furthermore, my lack of knowledge and experience in repairs made it a rough. The second five years of my real estate career that I just finished explaining didn’t make much money either. I supported myself primarily through my career as a salesman, but I could definitely see the writing on the wall that down the road real estate was going to be my full-time gig.Realty Professionals of AmericaI own an office building that has a real estate company as a tenant called Realty Professionals of America. The company has a terrific plan where a new agent receives 75 percent of the commission and the broker gets only 25 percent. If you don’t know it, this is a pretty good deal, especially for a new real estate agent. The company also offers a 5 percent sponsorship fee to the agent who sponsors them on every deal they do. If you bring an individual who is a realtor in to the company that you have sponsored, the broker will pay you a 5 percent sponsorship out of the broker’s end so that the new realtor you sponsored can still earn 75 percent commissions. In addition to the above, Realty Professionals of America offers to increase the realtor’s commission by 5 percent after achieving cumulative commission benchmarks, up to a maximum of 90 percent. Once a commission benchmark is reached, an agent’s commission rate is only decreased if commissions in the following year do not reach a lower baseline amount. I currently keep 85 percent of all my deals’ commissions; plus I receive sponsorship checks of 5 percent from the commissions that the agents I sponsored earn. If you’d like to learn more about being sponsored into Realty Professionals of America’s wonderful plan, please call me directly at 267-988-2000.Getting My Real Estate LicenseOne of the things that I did in the summer of 2005 after leaving my full-time job was to make plans to get my real estate license. Getting my real estate license was something I always wanted to do but never seemed to have the time to do it. I’m sure you’ve heard that excuse a thousand times. People always say that they’re going to do something soon as they find the time to do it, but they never seem to find the time, do they? I try not to let myself make excuses for anything. So I’ve made up my mind before I ever left my full-time job that one of the first things I would do was to get my real estate license. I enrolled in a school called the American Real Estate Institute for a two-week full-time program to obtain my license to sell real estate in the state of Pennsylvania. Two terrific guys with a world of experience taught the class, and I enjoyed the time I spent there. Immediately after completing the course at the American Real Estate Institute, I booked the next available day offered by the state to take the state exam. My teachers’ advice to take the exam immediately after the class turned out to be an excellent suggestion. I passed the exam with flying colors and have used my license many times since to buy real estate and reduce the expenses. If you are going to be a full-time real estate investor or a commercial real estate investor, then you almost have to get a license. While I know a few people who don’t believe this, I’m convinced it’s the only way.I worked on one deal at $3 million where the commission to the buyer’s real estate agent was $75,000. By the time my broker took a share, I walked with $63,000 commission on that deal alone. With the average cost per year of being a realtor running about $1200 per year, this one deal alone would’ve paid for my real estate license for fifty-three years. Not to mention all the other fringe benefits like having access to the multiple listing service offered too many realtors in this country. While there are other ways to get access to the multiple listing services or another program similar to it, a real estate license is a great way to go.Some of the negatives I hear over and over again about having your real estate license is the fact that you have to disclose that you are realtor when buying a home if you’re representing yourself. Maybe I’m missing something, but I don’t see this as a negative at all. If you’re skilled in the art of negotiation, it’s just another hurdle that you have to deal with. I suppose you could end up in a lawsuit where a court of law could assume because you are realtor you should know all these things. I don’t spend my life worrying about the million ways I can be sued any more than I worry about getting hit by a car every time I cross the street.

Nasal Breathing – Why breathe through your nose?

Breathing is an essential part of living and yet we don’t think twice about it. It is unconsciously controlled by our brain which automatically determines the rate and depth of breathing depending on our current needs.

How are you breathing right now? Through your nose? Through your mouth? Both? It is important to think twice and pay attention to how we breathe!

So what is nasal breathing?

We have two air passageways to the lungs — the nose and the mouth. Healthy people use both their nose and their mouth to breathe, however, there are many health advantages to breathing through your nose, instead of your mouth. That is because nasal breathing is more natural and helps your body effectively use the air you inhale. Breathing through your nose can help filter out dust and allergens, boost your oxygen uptake, and humidify the air you breathe in.

Mouth breathing, on the other hand, can dry out your mouth. This may increase your risk of bad breath and gum inflammation. Mouth breathing may also make you more prone to allergies, asthma, and coughing. Breathing through the mouth all the time, including when you’re sleeping, can lead to health problems. Although we have needs for both nose and mouth breathing, ie.when you are exercising strenuously or are congested due to a cold or allergies, here are some benefits to breathing through your nose rather than your mouth.

What are the advantages of nasal breathing?

Advantages of Nasal Breathing:

Nasal breathing helps fight off infection. It acts like a filter and retains small particles in the air, including pollen. The nose adds moisture to the air to prevent dryness in the lungs and bronchial tubes. The nose also warms up cold air to body temperature before it gets to your lungs.

Helps improve dental health and hygiene. When you breathe through your nose, the tongue sits at the roof of your mouth and shapes the roof of your mouth. When you breathe with your mouth, your tongue falls to the bottom. The tongue shapes the hard palate of your mouth which affects the spacing and alignment of your teeth as they grow. Nasal breathing also helps with dental health by not breathing in bacteria through your mouth

Nasal breathing makes you stronger. It requires for more effort to inhale through your nose allowing your diaphragm to engage and increase intra abdominal pressure. This pressure creates a support mechanism for your lower back so we can increase stability and engage more effectively. You are then able to lift heavier, thus making you stronger.

It improves the quality of our sleep. Nasal breathing allows the tongue to sit at the roof of our mouth creating a larger and non-obstructed airway to maximize the air that we take in as we sleep.

Diaphragmatic Breathing:

There are many breathing techniques that can help bring awareness to the body, increase oxygen uptake and bring focus. Diaphragmatic breathing is one effective technique that will help strengthen the diaphragm and increase the intra abdominal pressure. This will decrease the work of breathing by slowing down your breathing rate, which will decrease the oxygen demand, requiring less effort and energy to breathe.


Lie down on your back with your legs straight.

Place one hand on your chest and one hand on your stomach.

Take 4 full breaths and check:

Are you breathing in and out through your nose or mouth?

Which hand is rising up as you inhale, chest or stomach?

Is there expansion of your abdomen and rib cage?

Is your exhale longer than your inhale?

You want to inhale and exhale through your nose and feel your stomach to rise and your rib cage expand (inhale as if you’re filling up like a balloon). As you exhale, it should be a little longer than the inhale and you should empty/deflate as much air as you can before inhaling again. Try this exercise for 5-10 minutes a day and gradually increase the time to improve diaphragmatic breathing.

There are many types of breathing techniques and practices that are great for your health but the first step is to be aware of our own breathing. Becoming aware of our own breathing habits and retraining ourselves is an easy way for us to start taking care of our health. Having a proper breathing pattern can help the body relax and realign the body.

How To Choose One Contra Angle Handpiece

A contra angle handpiece is a type of dental handpiece that is commonly used in dental procedures. It is a specialized tool that is designed to provide dentists with precise control and maneuverability during a range of dental procedures.

A contra angle handpiece is typically attached to a dental drill or other rotary dental instrument. It is composed of a number of different components, including a body, a chuck, and a contra angle head. The body of the handpiece is typically made from a durable, lightweight material, such as aluminum or stainless steel. The chuck is a mechanism that is used to hold the dental instrument in place, and the contra angle head is the part of the handpiece that rotates at high speeds.

One of the key advantages of a contra angle handpiece is its ability to provide dentists with enhanced control and precision. The contra angle head of the handpiece allows the dentist to maneuver the dental instrument into difficult-to-reach areas of the mouth, such as the back molars or the upper premolars. This allows the dentist to perform procedures with greater accuracy and precision, which can help to reduce the risk of complications and improve the overall quality of the dental work.

In addition to providing enhanced control and precision, contra angle handpieces are also known for their durability and reliability. The body of the handpiece is typically made from high-quality materials that are resistant to wear and tear, and the contra angle head is designed to withstand high speeds and repeated use without breaking down or wearing out. This means that dentists can rely on their contra angle handpieces to provide consistent, reliable performance during a wide range of dental procedures.

Contra angle handpieces are used in a variety of different dental procedures, including tooth preparation, cavity filling, and root canal therapy. They are also commonly used in cosmetic procedures, such as teeth whitening and veneer placement. Some of the specific benefits of using a contra angle handpiece during these procedures include:

Improved access to difficult-to-reach areas of the mouth: As mentioned earlier, the contra angle head of the handpiece allows dentists to maneuver the dental instrument into tight spaces and difficult-to-reach areas of the mouth. This allows them to perform procedures with greater accuracy and precision, which can help to reduce the risk of complications and improve the overall quality of the dental work.

Enhanced comfort for the patient: Contra angle handpieces are designed to be lightweight and easy to handle, which can help to reduce fatigue and discomfort for the dentist during long procedures. This can also help to improve the overall patient experience, as the dentist will be able to work more efficiently and comfortably.

Reduced risk of tissue damage: The high-speed rotation of the contra angle head allows dentists to perform procedures with greater precision and control. This can help to reduce the risk of tissue damage and other complications, which can improve the overall quality of the dental work and reduce the need for follow-up procedures.

Improved efficiency and productivity: Contra angle handpieces are designed to be fast and efficient, which can help dentists to complete procedures more quickly and efficiently. This can help to improve the overall productivity of the dental practice, as dentists will be able to see more patients in a given period of time.

In conclusion, contra angle handpieces are an essential tool for dentists who need to perform procedures with precision and control. These handpieces are durable, reliable, and easy to use, and they provide a number of benefits for both the dentist and the patient. Whether you’re a dentist looking to improve the quality of your dental work, or a patient seeking the best possible care, a contra angle handpiece can be an invaluable tool.