vicki irvin's (virvin) Blog

          PITI is an abbreviation for principal + interest + taxes + insurance. You will usually see this used to represent the total payment for a house with a certain amount down. For example, you might see an advertisement that says $1200 per month PITI with 10% down. You will see real estate...

  When hunting for real estate you will come across certain terminology and abbreviations. Things like NOI, ROI, Cap Rate, GRM, Cash Flow and PITI to name a few. It is helpful to have a basic understanding of what these terms mean and their significance. Some terms pertain to residential rental h...

   Are you intending to do this business on your own or will you have a partner? Which way you go can have a major impact on the overall outcome. There are advantages and disadvantages to each. Your personality type is a big factor in this decision. Are you someone who likes to go it alone or do ...

       Tiger Woods is considered by many to currently be the best golfer in the world, maybe of all time. Yet he still has a coach to help keep him on track. Having a coach can be a major benefit to you as well. You can use a professional or a trusted friend or mentor to work with you as you stri...

  Understanding the different personality types can help you in all aspects of your life. You should realize that everyone has traits of all the different types but one type will tend to dominate. No one type is better than the other, they are just different. What is really important is to unders...

  The friend is that person that you can always count on when you need them. They are reliable, punctual, and consistent and can be counted on to follow the rules and procedures. They are content to have a routine and guidelines to follow. They are good team players and usually exhibit a high deg...

  We all know people that we would call a "Type A," or driver, personality. This is the hard-charging, intense, no-nonsense individual who is always working to be the best. The driver is a results-oriented, bottom line kind of person. They are not looking for a lot of fluff; they are direct and t...

    While everyone has a unique personality, in each person there is one personality type that will be dominant. There are many variations on the theme, but it all boils down to four different categories. You will see it broken down in many different ways with many different sub-types, but it sti...

  You may be thinking what does psychology have to do with swinging a hammer and flipping houses? It has absolutely nothing to do with swinging a hammer but it has a lot to do with flipping houses. What you will be doing primarily is dealing with people. You have people that you are buying from a...

  Numerous studies have shown that people who set goals are more successful than people who do not. People who write their goals down routinely achieve more than those who don't. People have a tendency to be very vague about goals. They'll say things like "I want to be a millionaire," or "I want...