Is Life Winning Or Are You?
Why Does Life Have to Win?
Or is Life Winning.......
Whether you are looking to go back to school, buy a car, or get a better job this interview with Sj Matchemsr is pretty powerful.
Stay tuned for future videos coming out weekly!
Three Actions to Take This Week
Take advantage of this downtime! I know it is hard being stuck inside, but now there is time for all the things we have been putting off like marketing, updating our website, and connecting with our customers and clients! These three actions will help your business come out on the other side stronger, and also help your customers know they can count on you! Stay safe and healthy!
DISCLOSURE: I am not a CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, or financial advice. Please review said information with your attorney or tax professional for guidance.
Everything You Need to Know-PPP CARES Act
In this Trupodcast, I discuss the PPP Application along with the differences between PPP and EIDL Loan options. PPP loans will ONLY be disbursed by SBA 7(a) Lenders and NOT the SBA. EIDL Loans will be disbursed by the SBA ONLY.
DISCLOSURE: I am not a CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, or financial advice. Please review said information with your attorney or tax professional for guidance.
$10,000 Grant-CARES Act
https://youtu.be/f63y_avJzDU
In this video, I discuss the $10,000 Grant that is available via the EIDL SBA Loan for Small Businesses. There is $10 Billion worth of these grants available and it is first come first serve! Even if your business does not qualify for an EIDL Loan you still can get this grant for business expenses!
Disclosure: I am not a CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, or financial advice. Please review said information with your attorney, tax or financial professional for guidance.
TruPodcast-Episode 4 Silas Matchem
Hey Tru Team! In this episode of the TruPodcast our guest is Silas Matchem! Silas is the Executive Director of the Evansville Promise Zone. We discuss what and how the Promise Zone impacts its residents and businesses. Silas also discusses different aspects of what the Promise Zone is doing to help during this tough time. If you need to get ahold of Silas he can be reached via e-mail at Silas.Matchem@echohousing.org
TruPodcast-Corona Help Day Three
Day Three
Today, I wanted to talk about how things are going with TruVest and how we are reaching out to other small businesses to see how we can help. This virus is taking the life out of our economy, but it does not mean you cannot still thrive. If you are a bar, restaurant or other retail company there are other options available to you via social media. If you are a business that is struggling and need some assistance with your marketing please reach out to us directly at (812) 777-5850. We can help you create marketing campaigns that can drive traffic to your website or generate orders. We will run one social media campaign FREE OF CHARGE for you. If you need assistance in other areas of your business we will connect you to one of our partners that specializes in that area. Stay safe and healthy out there and I look forward to speaking with you in the near future!
TruPodcast Episode 2 Chasing Happiness
In this episode, I talk about how the Corona Virus has and will make HUGE impacts on our economy. And how we can use common sense when it comes to protecting ourselves from getting it. The first thing we need to do is to stop raiding stores for basic supplies! The world is not coming to an end, and you do not need a lifetime supply of toilet paper, paper towels, and top roman. The panic that we are displaying is just crazy, and when we start using common sense we will start seeing things change for the better! With all this panic going on there is a huge group of people that are being impacted by this virus. Small business owners all over the USA are wondering if they will be open when this all passes. We need to band together and help each other out and find ways to support small business owners around our great country. We at TruVest will do whatever we can to help other fellow small business owners. We are here for you!
TruPodcast-Chasing Happiness
TruPodcast Episode 1
We are excited to be re-launching TruPodcast. The TruPodcast is going to cover three life topics:
- Chasing Happiness
- Business-Real Estate included of course
- Failure- How it is not a four-letter word, and how we can grow from our failures
In this episode, our guest is Alex Burton the President of the Evansville City Council. We discussed what drives his happiness, and how it took numerous times to be elected to City Council (Persistence), and his passion for Evansville! Hope you enjoy and please subscribe!
The Good, The Bad, and The Ugly About Contract Sales!
This is your opportunity to learn how a typical real estate investing in underserved communities does social good, by generating multiple revenue streams for investors. TruPodcast series host and investor Ryan DeMent candidly shares his personal experiences and current industry insight that you won't find elsewhere. Let's get right to it. Ryan DeMent here from TruVest.
Hope you're having a great day. Today's topic owner financing contracts. I have to say I'm fired up because I get anywhere between five to 10 calls a week on contracts and guess what? They're worthless. And the reason why is because they're not recorded. They don't give you any type of home ownership. If that contract that's put in writing and it's not recorded with your county assessors office and you become the actual owner of the property, you're getting no benefits. And the other piece of it is probably 90% of the contracts that are recorded or put together don't even get reported to your credit.
So that balloon came that you have 12 to 24 months down the road. Guess what? You have to go get a real mortgage from a bank that potentially is not going to actually finance you because your credit is not good. So why do you want to do a contract? Good question. I don't have an answer, but I can tell you this. If a contract is done right, it should benefit you. It should one list you as the owner. Two, it should be serviced by a mortgage entity to where you send your payments to three, it's reported to the credit bureaus. So you get positive and negative tradelines for your payment history and the fourth, you should be able to write off the mortgage interest on that property when you're making those payments annually.