IS WORKING FROM HOME THE FUTURE?
Is working from home the future? More and more people prefer starting their own home businesses. Learn more about this kind of work setup and how you can make money from it.
When it comes to being an entrepreneur, I believe you create your own future. Realistically, we all create our own future by the actions we take or don’t take.
Today I will be answering your question, “Is working from home the future?” Before we can do that, we need to discuss the challenges of working from home.
Let’s begin by asking you, what skills do you have? Many skills can easily be adapted to working from home or from a small office.
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IS WORKING FROM HOME THE FUTURE? – FAILURE RATE
According to the Small Business Administration (SBA), over 600,000 businesses are started each year.
The Small Business Administration was founded by the Congress of the United States to help and educate small business owners and to loan money.
The SBA keeps accurate records which reveal that if 100 startups are formed, 80% of those new startup businesses will fail in the first 5 years.
Of the remaining 20% that survived, according to the SBA, they will also have a high failure rate of 80% during the subsequent 5 years.
The point is during the 10 years, 80 % will fail in the first 5 years, and then another 80% will fail in the second 5 years. That’s a 96% failure rate for small business.
IS WORKING FROM HOME THE FUTURE? – ELIMINATING RISK
Working from home may eliminate some of the risk.
First of all, working from home will provide more time for production.
Secondly, there are no big offices, and it’s important to keep in mind that commuting not only requires time, but car pools, trains, individual cars, and delays in traffic all cost a lot of money.
IS WORKING FROM HOME THE FUTURE? – FLEXIBILITY
So is working from home the future of work, or is work from home going to end?
If you prefer to be an employee and do repetitious work hourly, that’s fine.
However, many businesses are more flexible and will allow workers to do the same work from home. Those workers now they have the flexibility of no commute and more free time.
Many customer service jobs can easily be built around home workers. Most jobs that are measurable and repetitive can be done from a home office. Many businesses prefer this, and now we have a lot of companies working from home permanently.
IS WORKING FROM HOME THE FUTURE? – TELECOMMUTING
Think about real estate brokers needing an office to conduct closings, the signing of documents and meetings with clients.
Brokers also employ many agents. The agents could easily be telecommuting and working from a home office.
Business is no longer only 9 AM – 5 PM. Sometimes, it seems it’s 24/7 because of cell phones and the internet. The cell phone and the internet eliminate the need for a facility and a place for people to work.
Working from home is not unusual. I’ll give you an example.
IS WORKING FROM HOME THE FUTURE? – MY BUSINESS
30 years ago, I discovered a business that was little known to me. However, the business had been available to anyone who wanted to investigate for over 200 years.
The business was a subset, a very small part of the traditional real estate business. The reality was that it was not pretty, not glamorous. However, it was mandated and administered by the local government.
The legislatures of all 50 states make the rules, and they mandate that the local county executes the rules.
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IS WORKING FROM HOME THE FUTURE? – TAX DEFAULTED PROPERTY
I discovered that all of the counties nationwide have many tax defaulted properties.
What’s that all about? It’s an almost hidden market that’s little known and quite lucrative for those who know how and understand.
It works like this. Property owners who fail to pay property taxes are defaulting on their obligation.
The county has been mandated by the state legislature to levy property tax and collect property tax. If the county cannot collect taxes, the treasurer will then confiscate the property.
IS WORKING FROM HOME THE FUTURE? – TAX DEFAULTED PROPERTY AUCTION
The government does not want more property. They already own the county buildings, schools, parks and roads.
Therefore, the treasurer who has confiscated the property makes an announcement and sells the property at auction to the highest bidder.
The treasurer simultaneously wipes out/cancels the mortgage or deed of trust loan on the property.
Anyone can go to the auction.
IS WORKING FROM HOME THE FUTURE? – BARGAIN REAL ESTATE
The county will start the bidding at very close to the back taxes which are overdue. This could be as low as 10 cents or 20 cents on the dollar.
The auction revenue is what the county wants. With that revenue, the county will pay the police and sheriff departments, school teachers, firefighters, hundreds of county employees and dozens of other bills.
Imagine a situation like this involving more than 3,000 counties across the United States that you can access from your home office.
The local government auctions these properties for 60%, 70%, and 80% discounts with no mortgage.
IS WORKING FROM HOME THE FUTURE? – BUYING REAL ESTATE ONLINE
This can all be accomplished from a home office using the internet, satellites, and WIFI systems that allow properties to be displayed and evaluated.
My 30 years of experience started when everything was manual. It required you to drive to the county and get a list, then drive to the auction to bid.
If the auction was in a different state, you drove to the airport; the airline took you to the state, and you drove some more.
We hope you enjoyed Ted’s lesson, “Is Working From Home the Future?”
Working from home is definitely the future and offers many benefits, like flexibility, cost reduction, and time savings.
A lot of employers realize that many jobs can be worked from home and an increasing number of companies allow their employees to telecommute.
According to the Small Business Administration, 96% of small businesses fail within 10 years. However, working at home can help mitigate the risk by reducing overhead and providing more time for production.
30 years ago, Ted Thomas discovered a business that can now be worked from home, tax delinquent real estate investing.
Counties all across the USA sell tax defaulted property at auctions with the starting bids around the amount of the delinquent back property taxes.
At these auctions, real estate can be purchased for 10, 20, or 30 cents on the dollar, and the counties sell the properties without a mortgage.
Since this real estate is purchased at a discount, it can also be quickly resold at a discount for profits of $25,000, $50,000 or more per deal. Even better, now it can be done online working from home part time.
If you’d like to learn more about how to invest in bargain real estate working from home, there’s no one more qualified to teach you than Ted Thomas, America’s leading authority on tax lien certificates and tax defaulted property investing.
Ted Thomas is the only one who provides full support and complete training with home study courses, Q&A webinars, live tutorials, workshops & web classes, and personal one-on-one coaching.
Get started today at no cost with Ted’s FREE Master Class, that reveals the incredible opportunities available in tax lien certificates and tax defaulted property. The class is only about 1 hour of streaming video and contains life-changing information! You can’t afford to miss it!