Chris' land deal - How do you figure out your yield when you buy low and sell at a profit on a note?

I show how to calculate the rate of return from buying low and selling high on a note in a land deal that was suggested by Chris.  In this example, Chris pays $2,500 for a piece of land and sells it for $5,000.  The buyer has a $1,000 down payment and will pay the balance over 36 months (3 years) with 8% interest.  What is Chris' rate of return on this investment? Hint: It's similar to a Lonnie Deal.

If you want to get into the secret FaceBook group, e-mail me at dbarnett@alpatlantic.com



The Invest Local Book blog is all about small business, franchises, local investing, home economics, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.  Follow me on FaceBook at www.FaceBook.com/DBarnettMoncton.

Man faces charges after collecting over $4M in fake In-n-Out Burger franchise fees.

Amazing! People are so eager to become royalty-slaves that they fork over money for franchise fees without even doing the tiniest amount of research on their own.  

This California burger chain doesn't even offer franchised locations.

Maybe more people need to read my book, Franchise Warnings?

 From Entrepreneur.com: 

Want to open an In-N-Out franchise? Sorry – it's still not happening, something these investors realized the hard way.California resident Craig Stevens has been accused of making more than $4 million by selling fake In-N-Out Burger franchises in the Middle East, reports the LA Times.Prosecutors say that, starting in January 2014, Stevens emailed potential investors to offer them the chance to buy bogus In-N-Out locations for about $150,000 per location, with royalties adding an additional $250,000 per year. Last June, Stevens reportedly even managed to pass off a faux In-N-Out licensing agreement via email.

[FREE AUDIO BOOK] I've just completed the companion audio book to Invest Local, How to find Local Investing Deals

I took the time to answer the #1 question that I get asked by readers of Invest Local. 

'How exactly do I go about finding my first deal?'

Here it is, FREE to download.  Enjoy. [CLICK]

[VIDEO] News: Square raises more cash to increase its merchant cash advance lending business

Square, the credit card processor that fits into your smartphone has been an easy to deal with supplier to small businesses.  Many of whom have had difficulty in the past getting credit card merchant accounts.

Square is now taking advantage of this relationship with small business to grow their merchant cash advance lending business.

Entrepreneur.com reports:

Square, the Silicon Valley payments company, is expanding its loan program to small businesses. The company announced on Tuesday that Square Capital, its loan-making division, has raised an additional investment from previous backer, Chicago-based Victory Park Capital (which tripled its original investments) and new investor Colchic Capital.Square, co-founded by Twitter’s Jack Dorsey, says that its Capital arm has been growing at a fast clip. It has loaned more than $100 million to more than 20,000 businesses over the past year. In April, Square Capital advanced nearly $25 million in capital.

This is big news for small businesses but also serves to highlight the magnitude of the small business lending opportunity that I explore in my book Invest Local.

If you forget how merchant cash advance works, check out this video from last fall.

[VIDEO STORY] How I sold my old house in a lease option contract deal with two agreements. The lease and the option.

I tell the story of helping my neighbours sell their hobby farm on a lease option deal. I also explain the details of how I set up such a deal to sell a house I used to own. I discuss the particularities of New Brunswick rental law.


The Invest Local Book blog is all about small business, franchises, local investing, home economics, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.  Follow me on FaceBook at www.FaceBook.com/DBarnettMoncton.

What's your side hustle? Do you earn after hours?

Back before Christmas I had done a video where I encouraged viewers to get some kind of business going outside of their regular employment.

Owning a business gives so many tax advantages and teaches self-reliance.

Today I was listening to Entrepreneur on Fire podcast and Nick Loper was interviewed.  Nick runs Side Hustle Nation, an online community dedicated to getting businesses going 'on the side.'

The entire site is about getting your entrepreneurial juices flowing without taking the big risky step of quitting your day job.  Check it out.

[VIDEO STORY] My first note deal financing a mobile home for a lady who had just been divorced.

I tell the story of my first mini-home note deal.  I helped finance a home for a woman who had just been divorced and couldn't get financing because of the age of the home.



The Invest Local Book blog is all about small business, franchises, local investing, home economics, small business systems and borrowing money for your business. It's full of great content and I look forward to seeing your feedback.  Follow me on FaceBook at www.FaceBook.com/DBarnettMoncton.