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Check Out This Great Book On Log Cabins - Click on image for details

Getting financing from a bank for a project like building a micro cabin can be extremely difficult to say the least.  If this has held you up from achieving your dream of owning a cabin, you’re going to be interested in what I have to say.  What I have to say may help you overcome some of the stumbling blocks to the been standing in your way of achieving this dream.

Probably the hardest thing about building even small micro cabins is finding a bank that will lend you money to purchase the land.  Banks are really reluctant to loan money to people for undeveloped land.  I don’t understand why it’s so hard to get a loan for this type of property but it is.  There is a man by the name of Michael Long that sells  undeveloped land in Southern Oregon and he finances all of the properties himself so you don’t have to worry about going throug the approval process with the bank and being turned down.

Michael sells properties in three locations.  They are all in South Central Oregon fairly close to each other.  Some are about about 10 miles east of the town of Bonanza, some are in Sprague River, and some are in Beatty. These properties are located in Klamath County which means that they are regulated by the Klamath County building codes.  In order to build a house, you first need to go through all the red tape of getting a building permit, installing a septic system, and drilling a well.  There is one exception and it’s sort of a loophole.  If you construct a building that is less than 200 square feet, you’re not required to get any permits.

Oftentimes people purchase vacent land for sale from Michael and take advantage of the loophole by building small micro cabins on the lots.  People get awfully creative when it comes to building 200 square foot log cabins.  Many of these little micro log cabins have sizable porches to sit on in the evening.  A porch is not considered part of the living space therefor the porch can be it as big as you like.  The actual inside of the cabin has to be less than 200 square feet.

It couldn’t be easier to get qualified to purchase land from Michael.  All he requires is that you are able to come up with a small down payment of between $200 and $500.  In some cases if you can’t come up with the entire down payment at once, he will allow you to split the down payment over a two month period.  He will work with you every step of the way to make this process easy.  Monthly payments for most of his properties average about $195 a month.

If I’ve caught your ear and you’d like to hear more about how to buy land and this vacant land for sale, all you need to do is send an e-mail to blymountain@yahoo.com and someone will be right with you.

Most people make mistakes when they get rent to own homes.  Here are some common mistakes and what you can do to avoid them.

Not Having a Professional Handle it for You

There are many variables in a rent to own contract and the language can have serious implications.  Most people do not realize how complicated that it can be and because of this, they fail to protect themselves.  It is always a good idea

Rent To Own Homes

to let someone who handles rent to own transactions help guide you through the process.  Do not make the mistake of thinking that just because someone has a real estate license that they understand how rent to own homes work!  The reality is that most real estate professionals have handled only a couple of rent to own transactions in their entire career.

Not Getting a Home Warranty

Most home rent to own contracts place the burden of home maintenance on the tenant buyer.  While state laws will ultimately hold the home owner responsible for major issues, there are many things (like air conditioning!) that may not fall under these laws.  As such, you need to make sure that you get a home warranty to protect yourself.  If anything should happen to the home, you just call the home warranty company and they will cover the expense minus a small deducible. The last thing you want to do is eat up your down payment and reserves repairing the home and then not have the funds that you will need to close.

Not Starting on Credit Repair Immediately

While many places claim to provide fast credit repair, the reality is that for most people who have been declined a loan, improving their credit is going to take some time.  Starting credit repair immediately will greatly improve your chances of success.

Investing in the stock market is like a gamble because you can lose in an instant, but can give you lots of profit if you know how to use it for your benefit. One tip is to buy stocks for a low price and sell them later in a much higher price.

You can do this by looking for companies who are experiencing some downtime in their business and are expected to recover again. Your stock investments will be low because of their downtime, but their stock price will soar high once they have recovered from their droop. You can now decide whether to sell your stocks while the price is up, or to wait for a more convenient time.

The problem here is how to know which companies can recover from their downtime. You might need a broker or an analyst for more professional predictions. If you are knowledgeable enough, you can consult the business section of the newspaper and analyze the trends of your target company.

You can also set your profit and loss limit. This will help you to decide on how long you can play with your shares before you have to make a decision. You should not sell your financial stocks from a certain company if its accumulated price is below your loss limit. Similarly, you can sell your shares and get more if their price has already reached your profit limit.

For example, if you bought stocks from a company you could set profit and loss limits of 1000 and 500 dollars respectively. If the price of your stocks after some time is only $300, you could continue to play the game and if it already reached $1000, you could sell sell them and invest in more stocks.

Last tip is to seek professional help if needed, or at least get trading software. You will be charged for their services but can help you in maximizing your earnings and in making the best decision. You can also read books for advices and some of their personal experiences, or you can have a more experienced mentor to guide you along the process.

To succeed at spread betting you need some spread betting strategies you can rely on. The following basic tips for spread betting should help you make profits consistently month after month.

Be In Control
Spread betting is not a game you can win consistently if you are not a stickler for detail and managing your risk. It is true that you can win big by risking just a small amount but conversely you can also lose big. When you have several thousand dollars that you could afford to lose, you can increase your bets from a $1 per point – until then keep to this maximum. Study your historical charts until you are overly familiar with them. Do not make a bet until you are sure a trend is establishing itself. Set your stop losses at at least 10% below the low for the last three months (or another period you think is suitable). Never risk more than 5% of your trading bank.

Know Your Market Fundamentals & Study The Charts
Knowledge is key and you must ensure you know what is happening in your market. If you study your charts and price history moving averages you will give yourself a formidable tool to rely on when making your bets. Trends are friends – use your market knowledge to decide whether prices are going to move up or down and then confirm this trend with your charts and any other available indicators.

Find A Mentor
Going it alone as a beginner to spread betting is probably going to cost you dearly. Most traders who have success in this business still have or did in the past have a mentor. A mentor that has successfully traded and is willing to teach you the ins and outs is invaluable as a spread betting guide. Unless you are very lucky, you will likely have to pay for this mentoring but look at it as an investment in your future success. To keep the costs down, look for a course where you have e-mail access to a tutor so you can ask questions when you get stuck.