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By Ki Gray

 Every year, during the sweltering late summer months, bands from across the country converge on Austin, Texas for one weekend of music, food and hot, sweaty fun. Thousands upon thousands of people, young and old, flock to Austin each year for the massive music event that is the Austin City Limits Music Festival. Some of the biggest names in music show up every year. The festival’s eight stages, spread out across Zilker Park, host more than 100 bands over the course of the weekend, each playing for sold out crowds. In recent years, music legends such as Bob Dylan, Tom Petty, The Flaming Lips, Beck, The Foo Fighters, N.E.R.D., Gnarls Barkley and many others have graced the ACL stages.

Ideally situated in downtown Austin, Zilker Park closes down each year for the massive three-day event, and the music can be heard throughout downtown. But ACL isn’t just about music. A local artisan village is set up each year to allow Austin’s local businesses and artists to showcase their work to the thousands of attendees, who hail from across the nation. Likewise, many of Austin’s top local restaurants have booths set up selling menu favorites at the expansive food court on site. With the coveted three-day passes selling often selling out six months before the festival, ACL poses a prime opportunity for Austin businesses of all kinds to showcase their products and reach new (and substantial) audiences.

But, really, it’s all about the music. With a wide range of genres represented, including country, bluegrass, rock, hip hop, folk, and pretty much anything else you can think of, ACL truly offers something for everyone. There is even a dedicated children’s stage. Attendees of all ages, races, and musical interests can be found here, making it one of the most unifying music festivals in the country.

And it’s not just the biggest names in music that grace the stages at the Austin City Limits Music Festival. In fact, many ACL provides many up and coming groups a break out opportunity. It’s the holy grail of every struggling Austin musician’s career, which adds one more reason Austin thrives as the self-proclaimed live music capital of the world. Competition for a spot in the lineup is cut-throat, yet each year the array of artists manages to remain strikingly varied and comprehensive. From funky bands like G. Love and the Special Sauce and breakout stars like Vampire Weekend, to old school legends Asleep at the Wheel and gospel groups like the River City Christianettes, ACL is quite literally a melting pot of musical talent and expression (and the 100 + degree heat makes the analogy all the more appropriate).

In 2008, Austin City Limits is being held on the weekend of September 26-28. Three day passes have been sold out for months, but stragglers can purchase single day passes on the festival web site for $80 apiece. With almost 50 bands playing daily, starting at 11:00 am and running until the headlining show wraps up at 10:00 pm, Austin City Limits is the place to be in Austin, Texas, (and many would assert, the entire country) for one raging weekend each year.

Ki is an Austinite that enjoys the local music scene. He works as a realtor in the Austin real estate market. He internet site has a tool that graphs mortgage interest rates along with a search for Austin Homes.

Investing Full-Time is Overrated
By Alan Brymer

 At any rate, I’ve met a lot of investors who are itching to get to the point where they are making enough money in real estate that they can quit their 9 to 5 and invest full-time. This seems like the American Dream, but I will play Devil’s Advocate and be the one guy to point out the less glamorous side of investing full-time:

1) Living off your investments is not the same as retiring early. I’m all for retiring early, but real estate is an active investment. It has been described as a second job. It refer to it as running a business. It can be a very lucrative business, but for the most part it is going to require time and effort to stay on top of things. And in many ways, running a business is more stressful, with more responsibilities, risks, and obligations than having a job.

2) Say goodbye to any and all job benefits. Because I am self-employed, I had to pay cold hard cash each time we had a baby, about $5000-6000 each time, in addition to our regular monthly insurance premiums. What a joke! Our health insurance did not pay for a daggone thing. Meanwhile, my sister and everyone around me paid $25 here, $30 there for doctor’s office co-pays, and nothing more. The echoes of my grinding teeth can still be heard in distant parts of the earth.

Now, of course, if your business is making money hand over fist, you might think $5000 here and there is no big deal, but I can virtually guarantee that these kinds of bills will come due on a month when you’re running low on funds, waiting an eternity for some buyer to finally get qualified.

3) Are you doing what you love with your time? Are you going to invest full-time because you love investing, or because you want to make more money? If the answer is “more money,” I challenge you to be true to yourself, and find a way to make more money in real estate part-time, and do what you love most of the day.

If you work smart, you can make enough money in real estate in a few hours each week to supplement even a low-paying job, like teaching school. Remember, real estate is just a way to have more of what you want in life. So what do you want?

4) Real estate is a cash monster. Investing requires cash-and lots of it. It doesn’t have to be yours, but it still has to come from somewhere. Few investors who don’t have enough private funds available can resist the temptation to use their own cash to do a deal. This is the beginning of the end.

No one will lend you money to pay your own bills, or your team, or your advertising, and every investor I’ve seen who starts using his own funds eventually runs out-especially those who sell houses by doing lease/options. It is an industry where unexpected surprises come along that tie up or cost us thousands at a time ($5,000 to clean up after a tenant here, $5,000 reduction in price when selling in order to make the deal work there).

It makes sense for a lot of people to work for their own income and let their investments compound and grow on their own, untouched. If you’ve ever read Mark Haroldsen’s book Financial Genius, he tells a good story that emphasizes the shame that goes along with “dipping into your capital” for personal use. Whether you subscribe to that belief or not is up to you, but he does make a good point (unless of course you make many times more by working on real estate full-time).

5) How good are you at finding motivated sellers? How consistently have you been finding deals up until now? I have seen a few investors strike it big with one great deal, quit their jobs, and then fail to find more deals consistently and flounder as a result. This is why I’m not big on the Leave Your Doofus Boss in Only 90 Days philosophy. One or two deals does not a business owner make.

If I had a wife and kids to feed and were considering the jump from part-time to full-time, I’d make very certain that I’m 100% capable of finding at least one deal per month, having done it consistently for at least a year first.

6) Do you really have enough to do for 8 hours per day? Ron Legrand said once, “If you can’t make money part-time, you can’t make money full-time.” Working part-time forces you to stay sharp and manage your time well. You are forced to delegate, because there is just not enough time in the day to try to do it all yourself. You use your time wisely and do more deals in less time.

I have seen a lot of full-time investors get stuck doing things like fixing up houses themselves, driving around looking for junkers, etc, because they figure “I’ve got the time.” If that’s what you truly enjoy doing with your life, then great.

If not, may I suggest a third alternative: Invest in real estate part-time until you can run your business successfully in just 1-2 hours per day. Then, if you are determined to do it full-time, but are happy with the income your are already making, then do it full-time but continue to work on it for only 1-2 hours per day. What should you do with the rest of the day? Whatever the heck YOU want to do with your life.

Alan Brymer is has been a full-time investor since his first property at the age of 22, His investment company was named by the Utah Valley Entrepreneurial Forum as one of the “Top 25 Companies Under Five Years Old.” Alan is also a frequent guest expert for the news media, having been featured on multiple television programs and magazines as a real estate expert. To read more of Alan’s articles and blog, go to www.AlanBrymer.com”>www.AlanBrymer.com.

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Real Estate Tips With Real Estate Training Tools
By Larry goins

 Knowing how to properly make money in real estate is essential if you want to be successful with your real estate investing endeavors. It takes the work out of studying each property and does it for you.

Your real estate business plan needs to include a way to look at a property and be able to tell if you are going to be able to make a big investment. You need to be able to determine how much money the property is going to earn you. You also need to know for sure what types of risks are associated with the property you are considering to purchase. These factors can help you become successful as an investor.

Certain real estate training courses include a tool to give you everything you need to properly analyze an apartment building. You will be able to tell how much money the property is truly worth. This is very helpful so you don’t pay far too much money for an apartment building if you should be paying much less. In addition, you can learn which commercial buildings will make you the largest amount of profit.

The commercial property analyzer has the ability to analyze a specific property and tell you what the actual value of the property is today and what the property will be worth years from now. The analyzer will also tell you simple and cost effective ways to make changes and improvements to the property that will make you the most money out of your investment if you want to sell. This real estate training tool will give you tips on apartment building improvements which also can provide valid reasoning for increasing the rent. This tool will teach you a lot of information in itself.

There are many apartment buildings out there today that look like they aren’t worth the investment. They might look shot down or be on a poor side of town. The turnover of tenants may be high and you cannot figure out why. There could be problems with the building or there may be a slum lord actually running the apartments not. There are many factors to consider but it doesn’t mean the property is a bad investment. The commercial property analyzer can look at every aspect of a building and teach you how to learn to make money in real estate apartment complexes.

If you are looking for real estate courses to help you develop a much more in depth and successful real estate business plan then you should consider these courses. Analyzing properties has never been easier than it is with this software.

For more articles and a 10 part e-course on how to create your own Ultimate Buying and Selling Machine! plus over 50 training audios, simply go to www.LarryGoinsFreeOffer.com where you will gain instant access

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