Terence Chang Photography

Finding Your Purpose Of Life And Go For It

Well. I thought I have seen many pretty places on earth. Now it really tells me how big the world is and how small I am, when I see this incredible picture below. Mt. Roraima, Venezuela Guyana is where this picture was taken. Isn’t it amazing. Who ever took this picture for National Geographic must felt what I feel now. I am so exciting that I now have a new destination on my atlas for my future trip.

I also wonder how many people will say “Yes. I saw that amazing place!” and turn around say “Nuh. I will never be able to go there.”

[Update] Here is an other shot of the awesome place. Click to find the original resource. http://www.zadan.nl/pics/mount/

Well this picture brings up a good question. What is the purpose of my life?

[Read more...]

Passive Income Generator Using Google Bloggers

Image Credit: Cash

I thought about writing this for a long time. While I am in the process to foreclose my unused Internet assets and web properties, I was able to generate Google AdSense income on many of those sites. So I am here to share that with you.

First of all, this is NOT a long term way to generate significant passive income. This will just generate some extra income to pay for your Starbucks coffee, iPad or fancy digital camera gadgets. It will also give you a quick start to test your niche. However, You will need to put more efforts into it to generate significant income.

I am about to close the last chapter of my SLOWLAN Passive Income plan, but I do know there are people out there trying to create extra income and they value their money more than their time. This is for them! It’s a SLOWLANE way to generate extra money. If you want a FASTLANE way to generate money, you need to create an automated system.

So what do you need to accomplish it?

[Read more...]

Foreclosure My Internet Assets For Better 2012

Image Credit: Property In Europ

I know this title sounds horrible. As I am on my way to invest more real foreclosure properties for rental and cash flow, I also have bunch unwanted Internet Assets and Web Properties to get rid off. A successful entrepreneur should knows when to get started and when to exit. I am about to lose my control and destroy my own hard work by owning too much garbage web properties.

It’s almost 2012. It’s time to review what I got myself into in the past 6 years, and how I plan to clean up my own inventory.

[Read more...]

New Action Plan And Investment

Foreclosure Real Estate Investment

It’s been a while since my last post about personal choice to be the 1%. It’s the end of 2011. Time to review the 2011 achievement and plan the new 212 action plan. What I have learned in 2011 has brought me a new perspective of entrepreneurship.

Here is the reviews of 2011.

  • Project A generates triple profit than last year. However, it’s not significant enough to call it a success. In fact, it still sucks.
  • Project B has never take off. It’s primary due to my procrastination and lack of motivation to write the program
  • Free open source shopping cart is a bad choice to run an online e-commerce store. You’ve got what you paid for.
  • 60% My Tax lien investment has returned with average 5% profit. This is much better than putting money in the bank
  • Really learned that being an affiliate marketer won’t lead you to the 1%.
  • People is the most important key to your success in the business world.
  • Procrastination is the #1 key to failure.

2012 is almost here. My goals have not changed, but the action plans do.

  • No more procrastination
  • Networking with the right people
  • New strategy on Tax Lien Investment. The goal is to get average 9% return.
  • Real Estate Investment on Foreclosure and REO properties
  • Turn project A into an offline affiliate network
  • Re-invent project B
  • More Exercise And More Golf
  • Revive the failed online store businesses
  • Start niche project C

Honestly, I am new to the real estate investment. I am so shocked that there are tons properties going foreclosure auction in late 2011 and most of them are postponed into 2012. It means there are more house available at cheap price. It’s never a better time to buy a property and turn that into cash cow.

For example, a $2M house that owes $3.5M was sold at auction for $660,001. The opening bid is $660,000. Obviously, there is no one bidding on that property. So the winning bid is just $1 above the opening bid. There are so many house sold like that. Now the $2M house was resold 3 months later for $1.8M. So the $660,001 investment has about $1.2M return. That is just amazing return in 3 months.

That’s is how the 1% stay as the 1%, while the 99% are still complaining about the economy and lack of opportunities.

To do very well in the real estate investment isn’t an easy task. However, it will be much easier once I finish my first deal. It has something to do with PEOPLE. If you have connection with the right people, you can get more information faster and get the deals done faster.

I shall have my first investment property very soon. I know 2012 is going to be a great year for me! Stay tune!

Related Posts Plugin for WordPress, Blogger...