37th Parallel Properties’ Four Stage Due Diligence Process

Wealth Tactic 13
by Ed Barriskill (Co-Founder, 37th Parallel Properties)
The “Due Diligence Process” is the most important step in ensuring you are choosing the right property to purchase.  Surprisingly many investors skip various steps of the process and are sorry for it later. There are four (4) distinctive stages in the process that are a must [...]

Read More >>

Network, Network, Network

Wealth Tactic 12
by Rick Webster  (Investor Relations, 37th Parallel Properties)
“To climb the ladder of success, you don’t need more techniques and strategies, you need more friends”
-    Jeffrey Gitomer
If there’s one thing that people moving up the wealth ladder rapidly have in common, it’s the fact that they network. We have all heard the cliché, “It’s [...]

Read More >>

Invest In What You Know

Wealth Tactic 11
by Rick Webster  (Investor Relations, 37th Parallel Properties)

It may seem obvious, but investing in things beyond your scope of knowledge and expertise is risky.  In spite of this, it’s all too easy to find ourselves attracted to new ventures outside our realm of experience.

Partly, it’s the “grass is greener on the [...]

Read More >>

The Five Stage Property Evaluation Process

Weekly Wealth Tactic 10
by Ed Barriskill (co-founder, 37th Parallel Properties)
The Five (5) Stage Evaluation Process is an important step in due diligence when you are purchasing Real Estate. It is imperative that you conduct this evaluation process when you are contemplating purchasing a particular property.  If you ignore this process you are basically using the [...]

Read More >>

Manage Your Team and Maximize Your Success

Weekly Wealth Tactic 9
by Ed Barriskill (co-founder, 37th Parallel Properties)
Managing your team begins with you – the leader. Your team’s overall success depends on how effective you are as a leader and it is your most important responsibility.  As a leader you can take all the credit for your success and take all the blame [...]

Read More >>

Work ON Your Business, not IN Your Business

Weekly Wealth Tactic 7

by Rick Webster (Investor Relations, 37th Parallel Properties)
Take a tip from successful business owners…
Have you ever given some thought to what being “in business” really means?
McDonald’s (and many other franchise opportunities) actually have provisions in their franchise agreements prohibiting the franchise owner from working in his/her own business.  They know the [...]

Read More >>

The Six Most Important Steps to Maximizing your Credit Score

Weekly Wealth Tactic 6
by Dan Chamberlain (Director of Operations, 37th Parallel Properties)
What can take years to create, only moments to destroy, and is probably the single largest determinant in your ability to leverage current and future investments (i.e. obtain loans and credit)?…right or wrong, it is your Credit Score!
Despite our Credit Score being such a [...]

Read More >>

How to Accelerate Your Wealth By Finding Those Lazy Assets

Weekly Wealth Tactic 5
by Ed Barriskill (co-founder, 37th Parallel Properties)
What are Lazy Assets? Lazy Assets are those assets that you have right now in your portfolio that are just sitting there not working for you. These lazy assets might be:
1) IRA Retirement money
2) Cash sitting in your checking or saving account
3) Equity sitting in [...]

Read More >>

Are You an Investor or a Gambler?

3 Ways to Tell if You are an Investor or a Gambler
Weekly Wealth Tactic 4
by Chad A. Doty (co-founder, 37th Parallel Properties)

Real estate investing is a wonderfully lucrative, empowering and life changing venture.  But it needs to be approached with the right mindset if you want to realize success.
We have worked with hundreds of investors [...]

Read More >>

← Previous Entries

Next Entries →